Zacks Research Equities Analysts Cut Earnings Estimates for Select Medical Holdings Co. (NYSE:SEM)

Select Medical Holdings Co. (NYSE:SEM) – Analysts at Zacks Research decreased their FY2024 earnings per share estimates for Select Medical in a report issued on Wednesday, August 14th. Zacks Research analyst Z. Masood now forecasts that the health services provider will earn $2.18 per share for the year, down from their previous forecast of $2.19. The consensus estimate for Select Medical’s current full-year earnings is $2.19 per share. Zacks Research also issued estimates for Select Medical’s Q3 2025 earnings at $0.57 EPS.

Select Medical (NYSE:SEM) last posted its quarterly earnings results on Thursday, August 1st. The health services provider reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.01). Select Medical had a return on equity of 17.50% and a net margin of 3.91%. The company had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the prior year, the business earned $0.61 earnings per share. The firm’s revenue for the quarter was up 5.1% on a year-over-year basis.

SEM has been the topic of several other reports. Benchmark reissued a “buy” rating and set a $48.00 price target on shares of Select Medical in a research report on Friday, August 2nd. Royal Bank of Canada boosted their price objective on Select Medical from $36.00 to $40.00 and gave the stock an “outperform” rating in a report on Monday, May 6th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.00.

Select Medical Trading Down 0.6 %

SEM opened at $33.02 on Monday. The firm has a market cap of $4.29 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.45 and a beta of 1.43. Select Medical has a twelve month low of $21.28 and a twelve month high of $40.50. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.09 and a current ratio of 1.09. The firm’s fifty day moving average is $35.55 and its two-hundred day moving average is $31.64.

Select Medical Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Wednesday, August 14th. Select Medical’s payout ratio is 23.81%.

Institutional Trading of Select Medical

Institutional investors and hedge funds have recently modified their holdings of the business. Foster & Motley Inc. boosted its stake in Select Medical by 3.1% in the second quarter. Foster & Motley Inc. now owns 12,147 shares of the health services provider’s stock valued at $426,000 after acquiring an additional 370 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Select Medical by 6.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 6,563 shares of the health services provider’s stock worth $198,000 after buying an additional 405 shares during the last quarter. Arizona State Retirement System raised its stake in shares of Select Medical by 2.0% in the second quarter. Arizona State Retirement System now owns 30,544 shares of the health services provider’s stock valued at $1,071,000 after buying an additional 593 shares during the period. Hexagon Capital Partners LLC grew its stake in shares of Select Medical by 528.7% during the 2nd quarter. Hexagon Capital Partners LLC now owns 767 shares of the health services provider’s stock worth $27,000 after acquiring an additional 645 shares during the period. Finally, GAMMA Investing LLC increased its holdings in Select Medical by 52.8% in the 2nd quarter. GAMMA Investing LLC now owns 1,983 shares of the health services provider’s stock worth $70,000 after acquiring an additional 685 shares during the last quarter. 89.48% of the stock is owned by hedge funds and other institutional investors.

About Select Medical

Select Medical Holdings Corporation, through its subsidiaries, operates critical illness recovery hospitals, rehabilitation hospitals, outpatient rehabilitation clinics, and occupational health centers in the United States. It operates in four segments: Critical Illness Recovery Hospital, Rehabilitation Hospital, Outpatient Rehabilitation, and Concentra.