Insperity, Inc. (NYSE:NSP – Get Free Report) announced a quarterly dividend on Wednesday, May 20th. Shareholders of record on Thursday, June 4th will be paid a dividend of 0.60 per share by the business services provider on Thursday, June 18th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Thursday, June 4th.
Insperity has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 14 consecutive years. Insperity has a dividend payout ratio of 65.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Insperity to earn $1.87 per share next year, which means the company may not be able to cover its $2.40 annual dividend with an expected future payout ratio of 128.3%.
Insperity Price Performance
Shares of Insperity stock opened at $31.59 on Thursday. Insperity has a twelve month low of $18.57 and a twelve month high of $70.32. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 5.51. The company has a 50-day simple moving average of $28.28 and a two-hundred day simple moving average of $33.12. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of -47.15 and a beta of 0.60.
Analyst Ratings Changes
NSP has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Insperity in a research report on Friday, March 27th. Wall Street Zen upgraded Insperity from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research upgraded Insperity from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Roth Mkm set a $54.00 target price on Insperity in a research report on Friday, May 1st. Finally, Robert W. Baird set a $36.00 target price on Insperity in a research report on Wednesday, February 11th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $46.00.
Read Our Latest Stock Report on NSP
Insperity Company Profile
Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.
The company’s flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers’ compensation administration, and compliance with employment regulations.
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