Dividend Growth of Select Medical Holdings Corporation(SEM)

Select Medical Holdings Corporation has a 5 year average dividend yield of 1.26%

Select Medical Holdings Corporation (NYSE:SEM) witnessed a decline in the market cap on Thursday as its shares dropped 3.75% or 0.5 points. After the session commenced at $13.3, the stock reached the higher end at $13.4 while it hit a low of $12.7. With the volume soaring to 971,974 shares, the last trade was called at $12.85. The company has a 52-week high of $15.15. The company has a market cap of $1,700 million and there are 132,329,220 shares in outstanding. The 52-week low of the share price is $7.4701. Shares of Select Medical Holdings Corporation appreciated by 0.39% during the last five trading days but lost 12.59% on a 4-week basis. Select Medical Holdings Corporation is up 2.39% in the last 3-month period. Year-to-Date the stock performance stands at -3.02%.

Currently the company Insiders own 19.63% of Select Medical Holdings Corporation shares according to the proxy statements. Institutional Investors own 82.32% of Select Medical Holdings Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -24.44%. Company has reported several Insider transactions to the SEC, on Oct 4, 2016, David S Chernow (President and CEO) sold 50,000 shares at 13.51 per share price.On May 24, 2016, James E Jr Dalton (director) sold 12,000 shares at 12.37 per share price.On Sep 10, 2015, William H. Frist (director) purchased 8,100 shares at 12.32 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Select Medical Holdings Corporation was Downgraded by Wells Fargo to Market Perform on Jan 30, 2017.

Select Medical Holdings Corporation Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.06 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $0.15. The company had revenue of $1053.80 million for the quarter, compared to analysts expectations of $1058.67 million. The companys revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 EPS.

Select Medical Holdings Corporation, through its subsidiaries, operates specialty hospitals and outpatient rehabilitation clinics. The companys Specialty Hospital segment offers long-term acute care hospital services and inpatient acute rehabilitative hospital care services. Its Outpatient Rehabilitation segment operates clinics and provides physical, occupational, and speech rehabilitation services. The company also provides medical rehabilitation services on a contract basis to nursing homes, hospitals, assisted living and senior care centers, schools, and work sites. The Mission of Select Medical Corporation is to ensure high-quality health care and cost-effective outcomes by providing specialty inpatient long-term acute care and rehabilitation, and outpatient rehabilitation services. The company is headquartered in Mechanicsburg, Pennsylvania.


Share this post

Leave a Reply