U.S. Physical Therapy, Inc. (USPH) to Issue Quarterly Dividend of $0.45 on April 11th

U.S. Physical Therapy, Inc. (NYSE:USPH) declared a quarterly dividend on Wednesday, February 26th, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.45 per share on Friday, April 11th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend is Friday, March 14th. This is a 2.3% increase from U.S. Physical Therapy’s previous quarterly dividend of $0.44.

U.S. Physical Therapy has increased its dividend payment by an average of 6.4% per year over the last three years. U.S. Physical Therapy has a payout ratio of 62.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect U.S. Physical Therapy to earn $2.93 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 61.4%.

U.S. Physical Therapy Price Performance

Shares of U.S. Physical Therapy stock opened at $79.46 on Wednesday. U.S. Physical Therapy has a 1-year low of $76.18 and a 1-year high of $113.63. The firm’s 50-day moving average price is $87.03 and its two-hundred day moving average price is $87.54. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 84.53, a P/E/G ratio of 3.54 and a beta of 1.51.

U.S. Physical Therapy (NYSE:USPH) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.04). U.S. Physical Therapy had a return on equity of 8.11% and a net margin of 3.54%. The business had revenue of $180.45 million during the quarter, compared to analyst estimates of $173.10 million. On average, equities analysts predict that U.S. Physical Therapy will post 2.67 earnings per share for the current fiscal year.

Insider Buying and Selling

In other U.S. Physical Therapy news, COO Graham D. Reeve sold 1,730 shares of the business’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $82.11, for a total value of $142,050.30. Following the completion of the transaction, the chief operating officer now directly owns 7,168 shares of the company’s stock, valued at approximately $588,564.48. The trade was a 19.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.70% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Citizens Jmp raised U.S. Physical Therapy to a “strong-buy” rating in a report on Monday, December 16th. Bank of America upgraded U.S. Physical Therapy from a “neutral” rating to a “buy” rating and raised their price target for the company from $100.00 to $115.00 in a report on Monday, December 16th. JPMorgan Chase & Co. boosted their price objective on U.S. Physical Therapy from $117.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday, December 3rd. Barrington Research reduced their target price on shares of U.S. Physical Therapy from $108.00 to $98.00 and set an “outperform” rating on the stock in a research note on Friday, February 28th. Finally, StockNews.com lowered shares of U.S. Physical Therapy from a “hold” rating to a “sell” rating in a report on Friday, February 28th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $111.50.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc operates outpatient physical therapy clinics. The company operates through Physical Therapy Operations and Industrial Injury Prevention Services segments. The company provides pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries.