Select Medical Holdings Co. (NYSE:SEM) to Post FY2024 Earnings of $2.18 Per Share, Zacks Research Forecasts

Select Medical Holdings Co. (NYSE:SEM) – Analysts at Zacks Research dropped their FY2024 earnings per share (EPS) estimates for shares of Select Medical in a research note issued to investors on Wednesday, August 14th. Zacks Research analyst Z. Masood now anticipates that the health services provider will post earnings of $2.18 per share for the year, down from their prior 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 released its quarterly earnings data on Thursday, August 1st. The health services provider reported $0.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.01). Select Medical had a net margin of 3.91% and a return on equity of 17.50%. The company had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the prior year, the firm earned $0.61 EPS. The company’s revenue for the quarter was up 5.1% compared to the same quarter last year.

A number of other research analysts have also issued reports on SEM. Bank of America began coverage on Select Medical in a research report on Tuesday. They set a “buy” rating and a $42.00 price objective for the company. Royal Bank of Canada boosted their price target on Select Medical from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, May 6th. Finally, Benchmark reiterated a “buy” rating and set a $48.00 price target on shares of Select Medical in a research report on Friday, August 2nd. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Select Medical currently has an average rating of “Moderate Buy” and a consensus price target of $39.00.

Select Medical Trading Down 1.6 %

NYSE:SEM opened at $32.96 on Monday. Select Medical has a 12-month low of $21.28 and a 12-month high of $40.50. The firm has a market capitalization of $4.29 billion, a P/E ratio of 15.70, a P/E/G ratio of 1.45 and a beta of 1.43. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.09 and a quick ratio of 1.09. The business has a 50 day simple moving average of $35.55 and a 200 day simple moving average of $31.74.

Select Medical Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Wednesday, August 14th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, August 14th. This represents a $0.50 dividend on an annualized basis and a yield of 1.52%. Select Medical’s dividend payout ratio (DPR) is presently 23.81%.

Institutional Trading of Select Medical

Hedge funds and other institutional investors have recently modified their holdings of the company. Hexagon Capital Partners LLC raised its stake in shares of Select Medical by 528.7% in the 2nd quarter. Hexagon Capital Partners LLC now owns 767 shares of the health services provider’s stock worth $27,000 after buying an additional 645 shares in the last quarter. Transcendent Capital Group LLC bought a new stake in shares of Select Medical in the 2nd quarter worth $35,000. Canada Pension Plan Investment Board bought a new stake in shares of Select Medical in the 2nd quarter worth $39,000. GAMMA Investing LLC bought a new stake in shares of Select Medical in the 4th quarter worth $33,000. Finally, Fidelis Capital Partners LLC acquired a new stake in shares of Select Medical during the first quarter worth $47,000. Institutional investors own 89.48% of the company’s stock.

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.