Concentra Group Holdings Parent, Inc. (CON) to Issue Quarterly Dividend of $0.06 on April 1st

Concentra Group Holdings Parent, Inc. (NYSE:CON) announced a quarterly dividend on Friday, February 28th, RTT News reports. Investors 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 annualized dividend and a yield of 1.20%. The ex-dividend date is Tuesday, March 18th.

Concentra Group Holdings Parent Stock Up 0.6 %

Shares of NYSE:CON opened at $20.77 on Friday. The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.52. The company has a market cap of $2.64 billion and a PE ratio of 13.75. Concentra Group Holdings Parent has a 52 week low of $18.89 and a 52 week high of $24.81. The firm has a 50 day simple moving average of $22.22 and a 200 day simple moving average of $21.64.

Concentra Group Holdings Parent (NYSE:CON) last released its quarterly earnings data on Monday, March 3rd. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. The company had revenue of $465.00 million during the quarter, compared to analyst estimates of $465.00 million. As a group, research analysts expect that Concentra Group Holdings Parent will post 1.47 earnings per share for the current year.

Analyst Ratings Changes

CON has been the topic of several analyst reports. Wells Fargo & Company dropped their price target on shares of Concentra Group Holdings Parent from $27.00 to $25.00 and set an “overweight” rating on the stock in a research note on Wednesday. Bank of America raised their target price on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $30.00 target price on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Concentra Group Holdings Parent currently has an average rating of “Buy” and an average price target of $28.38.

Concentra Group Holdings Parent Company Profile

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.