U.S. Physical Therapy, Inc. (USPH) To Go Ex-Dividend on August 21st

U.S. Physical Therapy, Inc. (NYSE:USPH) declared a quarterly dividend on Tuesday, August 4th. Shareholders of record on Friday, August 21st will be paid a dividend of 0.46 per share on Friday, September 11th. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, August 21st.

U.S. Physical Therapy has raised its dividend by an average of 0.4%annually over the last three years and has raised its dividend annually for the last 6 consecutive years. U.S. Physical Therapy has a dividend payout ratio of 62.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect U.S. Physical Therapy to earn $3.45 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 53.3%.

U.S. Physical Therapy Stock Performance

Shares of USPH opened at $78.34 on Wednesday. U.S. Physical Therapy has a 12-month low of $58.19 and a 12-month high of $93.50. The stock has a market cap of $1.17 billion, a P/E ratio of 460.87, a PEG ratio of 2.23 and a beta of 1.13. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.48. The company has a 50-day moving average of $72.76 and a two-hundred day moving average of $73.94.

U.S. Physical Therapy (NYSE:USPH) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.06). U.S. Physical Therapy had a net margin of 3.97% and a return on equity of 9.39%. The business had revenue of $214.06 million during the quarter, compared to analyst estimates of $211.36 million. During the same quarter in the prior year, the company earned $0.81 earnings per share. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. As a group, research analysts predict that U.S. Physical Therapy will post 2.95 EPS for the current fiscal year.

Insider Buying and Selling at U.S. Physical Therapy

In other U.S. Physical Therapy news, Director Peter Francis Minan acquired 492 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were acquired at an average price of $63.14 per share, for a total transaction of $31,064.88. Following the completion of the acquisition, the director directly owned 2,923 shares of the company’s stock, valued at $184,558.22. This trade represents a 20.24% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On U.S. Physical Therapy

Large investors have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. grew its position in shares of U.S. Physical Therapy by 56.4% during the fourth quarter. Hantz Financial Services Inc. now owns 366 shares of the company’s stock worth $29,000 after acquiring an additional 132 shares during the last quarter. Huntington National Bank boosted its stake in U.S. Physical Therapy by 15.4% during the 4th quarter. Huntington National Bank now owns 1,052 shares of the company’s stock valued at $82,000 after purchasing an additional 140 shares during the period. Osaic Holdings Inc. boosted its stake in U.S. Physical Therapy by 1.6% during the 2nd quarter. Osaic Holdings Inc. now owns 10,447 shares of the company’s stock valued at $817,000 after purchasing an additional 166 shares during the period. Snowden Capital Advisors LLC grew its position in U.S. Physical Therapy by 3.6% in the 2nd quarter. Snowden Capital Advisors LLC now owns 5,600 shares of the company’s stock worth $438,000 after purchasing an additional 195 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of U.S. Physical Therapy by 6.7% in the first quarter. Janney Montgomery Scott LLC now owns 3,381 shares of the company’s stock valued at $253,000 after purchasing an additional 212 shares during the period.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.

In addition to traditional rehabilitation services, U.S.