Computer Programs and Systems, Inc. (NASDAQ:CPSI) declared a quarterly dividend on Monday, October 30th, NASDAQ reports. Shareholders of record on Thursday, November 16th will be given a dividend of 0.10 per share on Friday, December 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date is Wednesday, November 15th.

Computer Programs and Systems (NASDAQ:CPSI) opened at $28.45 on Tuesday. Computer Programs and Systems has a twelve month low of $21.60 and a twelve month high of $36.15. The company has a current ratio of 1.24, a quick ratio of 1.21 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $386.55, a P/E ratio of 23.61, a price-to-earnings-growth ratio of 2.04 and a beta of 0.12.

Computer Programs and Systems (NASDAQ:CPSI) last posted its earnings results on Thursday, November 2nd. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). The firm had revenue of $67.11 million for the quarter, compared to analysts’ expectations of $68.68 million. Computer Programs and Systems had a return on equity of 10.01% and a net margin of 2.32%. The firm’s revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company posted $0.34 EPS. sell-side analysts expect that Computer Programs and Systems will post 1.29 earnings per share for the current fiscal year.

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CPSI has been the topic of several recent research reports. Zacks Investment Research upgraded Computer Programs and Systems from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a research note on Tuesday, August 8th. SunTrust Banks, Inc. restated a “hold” rating and issued a $32.00 price target (down previously from $35.00) on shares of Computer Programs and Systems in a research note on Thursday, September 14th. Robert W. Baird restated a “hold” rating and issued a $30.00 price target on shares of Computer Programs and Systems in a research note on Thursday, August 31st. Cantor Fitzgerald restated a “hold” rating and issued a $28.00 price target on shares of Computer Programs and Systems in a research note on Tuesday, September 26th. Finally, BidaskClub upgraded Computer Programs and Systems from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 8th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $30.50.

In related news, insider David A. Dye sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $30.03, for a total value of $90,090.00. Following the transaction, the insider now directly owns 58,568 shares of the company’s stock, valued at approximately $1,758,797.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.70% of the company’s stock.

About Computer Programs and Systems

Computer Programs and Systems, Inc (CPSI) is a provider of healthcare information technology (IT) solutions for rural and community hospitals, and post-acute care facilities. The Company’s segments include acute care EHR, post-acute care EHR, and TruBridge, Rycan, and other outsourcing. Its Acute Care EHR segment consists of acute care software solutions and supports sales generated by its subsidiaries, Evident, LLC (Evident) and Healthland Inc (Healthland).

Dividend History for Computer Programs and Systems (NASDAQ:CPSI)

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