Analysts Set Expectations for Select Medical Q4 Earnings

Select Medical Holdings Co. (NYSE:SEM) – Analysts at Zacks Research reduced their Q4 2024 earnings estimates for shares of Select Medical in a note issued to investors on Thursday, November 14th. Zacks Research analyst Z. Masood now expects that the health services provider will earn $0.30 per share for the quarter, down from their previous estimate of $0.31. The consensus estimate for Select Medical’s current full-year earnings is $2.16 per share. Zacks Research also issued estimates for Select Medical’s Q1 2025 earnings at $0.62 EPS, Q2 2025 earnings at $0.59 EPS, Q4 2025 earnings at $0.47 EPS, FY2025 earnings at $2.14 EPS, Q3 2026 earnings at $0.56 EPS and FY2026 earnings at $2.44 EPS.

Select Medical (NYSE:SEM) last issued its quarterly earnings results on Thursday, October 31st. The health services provider reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.07. Select Medical had a net margin of 3.97% and a return on equity of 15.99%. The company had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same period in the prior year, the business posted $0.46 EPS. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year.

A number of other research firms also recently issued reports on SEM. Bank of America began coverage on shares of Select Medical in a research report on Tuesday, August 20th. They issued a “buy” rating and a $42.00 target price for the company. Royal Bank of Canada lifted their target price on shares of Select Medical from $40.00 to $47.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Benchmark restated a “buy” rating and issued a $48.00 price target on shares of Select Medical in a research report on Friday, November 1st. Finally, StockNews.com upgraded shares of Select Medical from a “hold” rating to a “buy” rating in a research report on Wednesday, November 13th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $40.75.

Select Medical Stock Up 1.1 %

Shares of NYSE:SEM opened at $37.01 on Monday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 1.13 and a current ratio of 1.13. The company has a market cap of $4.79 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 1.95 and a beta of 1.42. Select Medical has a 52 week low of $22.26 and a 52 week high of $40.98. The firm has a 50 day simple moving average of $34.87 and a 200 day simple moving average of $34.88.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC boosted its holdings in shares of Select Medical by 16.6% in the third quarter. GAMMA Investing LLC now owns 2,313 shares of the health services provider’s stock valued at $81,000 after buying an additional 330 shares during the period. Foster & Motley Inc. boosted its holdings in shares of 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 buying an additional 370 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of 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 valued at $198,000 after buying an additional 405 shares during the period. KBC Group NV boosted its holdings in shares of Select Medical by 4.5% in the third quarter. KBC Group NV now owns 13,050 shares of the health services provider’s stock valued at $455,000 after buying an additional 563 shares during the period. Finally, Arizona State Retirement System boosted its holdings 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. Institutional investors and hedge funds own 89.48% of the company’s stock.

Select Medical Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 26th. Investors of record on Wednesday, November 13th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend is Wednesday, November 13th. Select Medical’s dividend payout ratio is currently 23.36%.

Select Medical Company Profile

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.