U.S. Physical Therapy, Inc. (USPH) to Issue Quarterly Dividend of $0.46 on June 12th

U.S. Physical Therapy, Inc. (NYSE:USPH) declared a quarterly dividend on Wednesday, May 6th. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.46 per share on Friday, June 12th. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, May 22nd.

U.S. Physical Therapy has increased its dividend by an average of 0.4%per year over the last three years and has increased its dividend every year for the last 6 years. U.S. Physical Therapy has a dividend payout ratio of 62.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect U.S. Physical Therapy to earn $3.46 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 53.2%.

U.S. Physical Therapy Price Performance

Shares of USPH opened at $61.72 on Wednesday. The stock has a market capitalization of $939.41 million, a P/E ratio of 123.45, a P/E/G ratio of 1.80 and a beta of 1.21. U.S. Physical Therapy has a twelve month low of $58.19 and a twelve month high of $93.50. The company has a 50 day moving average of $72.97 and a 200-day moving average of $77.94. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.41.

U.S. Physical Therapy (NYSE:USPH) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.09). The business had revenue of $198.29 million for the quarter, compared to the consensus estimate of $200.94 million. U.S. Physical Therapy had a return on equity of 8.81% and a net margin of 4.36%.U.S. Physical Therapy’s revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.48 earnings per share. As a group, equities research analysts forecast that U.S. Physical Therapy will post 2.99 EPS for the current fiscal year.

Insider Buying and Selling at U.S. Physical Therapy

In other U.S. Physical Therapy news, EVP Richard Binstein sold 3,000 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $81.64, for a total transaction of $244,920.00. Following the completion of the sale, the executive vice president owned 24,867 shares of the company’s stock, valued at $2,030,141.88. This trade represents a 10.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Graham D. Reeve sold 662 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $78.86, for a total value of $52,205.32. Following the sale, the chief operating officer directly owned 30,078 shares of the company’s stock, valued at $2,371,951.08. This represents a 2.15% decrease in their position. The SEC filing for this sale provides additional information. 2.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On U.S. Physical Therapy

Several hedge funds have recently added to or reduced their stakes in USPH. Hantz Financial Services Inc. lifted its holdings in U.S. Physical Therapy by 56.4% during the 4th quarter. Hantz Financial Services Inc. now owns 366 shares of the company’s stock valued at $29,000 after purchasing an additional 132 shares during the last quarter. Advisory Services Network LLC acquired a new stake in U.S. Physical Therapy during the 3rd quarter valued at $39,000. EverSource Wealth Advisors LLC lifted its holdings in U.S. Physical Therapy by 68.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 471 shares of the company’s stock valued at $40,000 after purchasing an additional 192 shares during the last quarter. GAMMA Investing LLC lifted its holdings in U.S. Physical Therapy by 207.1% during the 4th quarter. GAMMA Investing LLC now owns 516 shares of the company’s stock valued at $40,000 after purchasing an additional 348 shares during the last quarter. Finally, iSAM Funds UK Ltd acquired a new stake in U.S. Physical Therapy during the 3rd quarter valued at $52,000.

About U.S. Physical Therapy

U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.

In addition to traditional rehabilitation services, U.S.