Select Medical Holdings Corporation (SEM) To Go Ex-Dividend on May 14th

Select Medical Holdings Corporation (NYSE:SEM) declared a quarterly dividend on Wednesday, April 29th. Shareholders of record on Thursday, May 14th will be given a dividend of 0.0625 per share by the health services provider on Thursday, May 28th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Thursday, May 14th.

Select Medical has a payout ratio of 19.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Select Medical to earn $1.44 per share next year, which means the company should continue to be able to cover its $0.25 annual dividend with an expected future payout ratio of 17.4%.

Select Medical Trading Up 0.3%

NYSE SEM traded up $0.05 during trading on Friday, hitting $16.46. The stock had a trading volume of 266,204 shares, compared to its average volume of 1,778,417. Select Medical has a one year low of $11.65 and a one year high of $16.99. The stock has a 50 day simple moving average of $16.13 and a 200 day simple moving average of $15.22. The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of 14.31, a P/E/G ratio of 0.95 and a beta of 1.12. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.04 and a current ratio of 1.04.

Select Medical (NYSE:SEM) last issued its quarterly earnings results on Thursday, April 30th. The health services provider reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.07). The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Select Medical had a return on equity of 7.26% and a net margin of 2.68%.The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 earnings per share. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. Sell-side analysts predict that Select Medical will post 1.27 earnings per share for the current year.

Institutional Trading of Select Medical

Hedge funds have recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in Select Medical by 8.5% in the 1st quarter. Royal Bank of Canada now owns 95,771 shares of the health services provider’s stock valued at $1,599,000 after buying an additional 7,502 shares during the period. AQR Capital Management LLC grew its holdings in Select Medical by 96.6% during the 1st quarter. AQR Capital Management LLC now owns 33,894 shares of the health services provider’s stock worth $566,000 after acquiring an additional 16,656 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Select Medical by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,400 shares of the health services provider’s stock valued at $1,075,000 after purchasing an additional 2,809 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Select Medical in the 1st quarter valued at $220,000. Finally, Goldman Sachs Group Inc. lifted its position in shares of Select Medical by 25.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 728,689 shares of the health services provider’s stock worth $12,169,000 after purchasing an additional 147,183 shares during the last quarter. Hedge funds and other institutional investors own 89.48% of the company’s stock.

About Select Medical

Select Medical is a leading provider of specialized healthcare services in the United States, operating through two primary business segments: Hospital Division and Outpatient Rehabilitation Division. The Hospital Division offers long-term acute care (LTAC) hospitals and inpatient rehabilitation facilities (IRFs) that serve patients recovering from complex illnesses, trauma or surgery. The Outpatient Rehabilitation Division delivers physical, occupational and speech therapy services through a network of clinic locations and home-based care programs.

Headquartered in Mechanicsburg, Pennsylvania, Select Medical was founded in 1996 and has grown through strategic partnerships, joint ventures and acquisitions.