Select Medical Holdings Corporation (NYSE:SEM) Short Interest Down 52.1% in June

Select Medical Holdings Corporation (NYSE:SEM) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 1,154,445 shares, a drop of 52.1% from the June 15th total of 2,409,477 shares. Based on an average trading volume of 5,948,257 shares, the short-interest ratio is currently 0.2 days. Approximately 1.1% of the company’s stock are short sold.

Wall Street Analyst Weigh In

A number of research firms recently commented on SEM. Mizuho reaffirmed a “neutral” rating and issued a $16.50 target price (down from $17.00) on shares of Select Medical in a research report on Tuesday, May 12th. Zacks Research upgraded Select Medical from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Weiss Ratings raised Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $15.50.

Institutional Investors Weigh In On Select Medical

Large investors have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD increased its stake in shares of Select Medical by 4.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,606,269 shares of the health services provider’s stock worth $246,604,000 after purchasing an additional 684,695 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Select Medical by 3.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,536,331 shares of the health services provider’s stock worth $90,188,000 after acquiring an additional 202,736 shares during the period. State Street Corp boosted its holdings in shares of Select Medical by 1.3% in the 2nd quarter. State Street Corp now owns 4,253,793 shares of the health services provider’s stock valued at $64,573,000 after purchasing an additional 55,686 shares during the last quarter. Hsbc Holdings PLC grew its position in Select Medical by 7,554.6% during the first quarter. Hsbc Holdings PLC now owns 2,245,163 shares of the health services provider’s stock valued at $36,596,000 after acquiring an additional 2,215,832 shares during the period. Finally, Western Standard LLC increased its position in Select Medical by 95.6% during the 4th quarter. Western Standard LLC now owns 2,064,021 shares of the health services provider’s stock worth $30,651,000 after purchasing an additional 1,008,664 shares in the last quarter. 89.48% of the stock is owned by institutional investors and hedge funds.

Select Medical Price Performance

SEM stock opened at $16.51 on Tuesday. The firm has a 50 day moving average of $16.53 and a 200-day moving average of $16.04. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 0.95 and a beta of 1.01. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.88. Select Medical has a 12-month low of $11.65 and a 12-month high of $16.99.

Select Medical (NYSE:SEM) last released its quarterly earnings data 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). The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Select Medical had a net margin of 2.42% and a return on equity of 6.62%. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.44 earnings per share. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. As a group, equities analysts expect that Select Medical will post 1.26 EPS for the current fiscal year.

Select Medical Dividend Announcement

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

Select Medical Company Profile

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.