Select Medical (NYSE:SEM) Sees Unusually-High Trading Volume – What’s Next?

Shares of Select Medical Holdings Corporation (NYSE:SEM) saw an uptick in trading volume on Thursday . Approximately 3,278,618 shares changed hands during trading, an increase of 93% from the previous session’s volume of 1,700,386 shares.The stock last traded at $16.5450 and had previously closed at $16.57.

Analyst Upgrades and Downgrades

SEM has been the subject of several research analyst reports. Wall Street Zen downgraded Select Medical from a “buy” rating to a “hold” rating in a report on Monday, March 9th. Zacks Research raised shares of Select Medical from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Benchmark lowered shares of Select Medical from a “buy” rating to a “hold” rating in a research note on Wednesday, March 4th. Royal Bank Of Canada reissued a “sector perform” rating and set a $16.50 price objective (down from $19.00) on shares of Select Medical in a report on Tuesday, March 3rd. Finally, Mizuho restated a “neutral” rating and set a $16.50 price objective (down from $17.00) on shares of Select Medical in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $15.50.

Select Medical Price Performance

The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $2.05 billion, a PE ratio of 15.61, a price-to-earnings-growth ratio of 0.95 and a beta of 1.01. The firm has a 50 day moving average price of $16.50 and a 200 day moving average price of $15.91.

Select Medical (NYSE:SEM) last released its earnings results on Thursday, April 30th. The health services provider reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.07). Select Medical had a net margin of 2.42% and a return on equity of 6.62%. The company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter last year, the firm posted $0.44 earnings per share. Select Medical’s revenue for the quarter was up 5.0% on a year-over-year basis. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. Research analysts anticipate that Select Medical Holdings Corporation will post 1.26 earnings per share for the current year.

Select Medical Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 28th. Investors of record on Thursday, May 14th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, May 14th. Select Medical’s dividend payout ratio is currently 23.58%.

Hedge Funds Weigh In On Select Medical

Hedge funds have recently modified their holdings of the company. Quarry LP purchased a new stake in shares of Select Medical in the fourth quarter worth $26,000. Quantbot Technologies LP bought a new position in Select Medical in the 3rd quarter worth $27,000. Caitong International Asset Management Co. Ltd bought a new position in Select Medical in the 4th quarter worth $28,000. Hantz Financial Services Inc. increased its stake in Select Medical by 214.7% in the 4th quarter. Hantz Financial Services Inc. now owns 2,549 shares of the health services provider’s stock worth $38,000 after buying an additional 1,739 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in Select Medical by 37.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,870 shares of the health services provider’s stock valued at $43,000 after acquiring an additional 788 shares during the period. 89.48% of the stock is currently owned by institutional investors.

About Select Medical

Select Medical is a leading provider of specialized healthcare services in the United States, operating through two primary business segments: Hospital Division and Outpatient Rehabilitation Division. The Hospital Division offers long-term acute care (LTAC) hospitals and inpatient rehabilitation facilities (IRFs) that serve patients recovering from complex illnesses, trauma or surgery. The Outpatient Rehabilitation Division delivers physical, occupational and speech therapy services through a network of clinic locations and home-based care programs.

Headquartered in Mechanicsburg, Pennsylvania, Select Medical was founded in 1996 and has grown through strategic partnerships, joint ventures and acquisitions.