Concentra Group Holdings Parent, Inc. Declares Quarterly Dividend of $0.06 (NYSE:CON)

Concentra Group Holdings Parent, Inc. (NYSE:CON - Get Free Report) announced a quarterly dividend on Friday, February 28th, RTT News reports. Stockholders of record on Tuesday, March 18th will be given a dividend of 0.0625 per share on Tuesday, April 1st. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Tuesday, March 18th.

Concentra Group Holdings Parent Price Performance

NYSE CON traded down $0.13 during trading hours on Friday, reaching $22.62. The company's stock had a trading volume of 173,185 shares, compared to its average volume of 734,971. The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.52. Concentra Group Holdings Parent has a 1-year low of $18.89 and a 1-year high of $24.81. The company's 50-day moving average is $22.05 and its two-hundred day moving average is $21.74.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last posted its quarterly earnings data on Monday, March 3rd. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.01. The company had revenue of $465.00 million for the quarter, compared to analyst estimates of $465.00 million. On average, sell-side analysts anticipate that Concentra Group Holdings Parent will post 1.47 EPS for the current year.

Remove Ads

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $30.00 price target on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd. Bank of America boosted their price target on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Concentra Group Holdings Parent presently has an average rating of "Buy" and a consensus target price of $28.63.

About Concentra Group Holdings Parent

Concentra Group Holdings Parent, Inc provides occupational health services in the United States. The company offers occupational and consumer health services, including workers' compensation injury care, urgent care, clinical testing, preventative care, and employer services, as well as wellness programs through occupational health centers and onsite clinics.