After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that Select Medical Holdings Corporation Announces Results For Its Fourth Quarter and Year Ended December 31, 2023 and Cash Dividend.
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Stocks Info
SEM belongs to the Healthcare sector of the NYSE while operating in the Medical Care Facilities industry. The current market capitalization of Select Medical Holdings Corporation is $3.59B. A total of 0.72 million shares were traded on the day, compared to an average of 606.94K shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, SEM has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 30 BUYs and 24 SELLs from insiders. Insiders purchased 1,802,689 shares during that period but sold 3,143,196.
In the most recent transaction, ORTENZIO ROBERT A sold 50,000 shares of SEM for 26.00 per share on Feb 08. After the transaction, the EXECUTIVE CHAIRMAN now owns 6,789,668 company shares. In a previous transaction on Jan 08, ORTENZIO ROBERT A sold 100,000 shares at 26.63 per share. SEM shares that EXECUTIVE CHAIRMAN owns now total 6,839,668.
Among the insiders who sold shares, ORTENZIO ROBERT A disposed of 100,000 shares on Dec 14 at a per-share price of $25.00. This resulted in the EXECUTIVE CHAIRMAN holding 6,939,668 shares of SEM after the transaction. In another insider transaction, ORTENZIO ROBERT A sold 50,000 shares at $26.82 per share on Sep 08. Company shares held by the EXECUTIVE CHAIRMAN now total 7,039,668.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Select Medical Holdings Corporation pays an annual dividend of $0.50, resulting in a dividend yield of 1.79%, and it has a price to earnings (P/E) ratio of 14.66. SEM’s most recent ex-dividend date was 2/29/2024 when it declared a $0.1250 quarterly dividend that was paid in cash on 3/13/2024. Previously, the company paid the dividend on 11/28/2023 with an ex-dividend date of 11/14/2023. The SEM stock dividend was $0.1250 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for SEM in the last 3 months, the mean price target is $35.30 with high estimates of $40.00 and low estimates of $28.50. In terms of 52-week highs and lows, SEM has a high of $33.51 and a low of $21.28.
As of this writing, SEM has an earnings estimate of $0.61 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.63 per share and a lower estimate of $0.57. The company reported an EPS of $0.46 in the last quarter, which was 12.20% higher than expectations of $0.41.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SEM’s latest balance sheet shows that the firm has $74.31M in Cash & Short Term Investments as of fiscal 2021. There were $4.76B in debt and $1.27B in liabilities at the time. Its Book Value Per Share was $10.04, while its Total Shareholder’s Equity was $1.36B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SEM is Buy with a score of 4.40.
