U.S. Physical Therapy, Inc. (NYSE:USPH) Announces Quarterly Dividend of $0.46

U.S. Physical Therapy, Inc. (NYSE:USPHGet Free Report) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Friday, August 21st will be paid a dividend of 0.46 per share on Friday, September 11th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, August 21st.

U.S. Physical Therapy has increased its dividend payment by an average of 0.4%annually 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% meaning its dividend is sufficiently covered by earnings. 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 Stock Up 1.9%

NYSE USPH opened at $77.33 on Thursday. The stock has a market cap of $1.18 billion, a PE ratio of 154.67, a P/E/G ratio of 2.10 and a beta of 1.13. The business has a 50 day moving average price of $69.62 and a two-hundred day moving average price of $74.26. U.S. Physical Therapy has a fifty-two week low of $58.19 and a fifty-two week high of $93.50. 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:USPHGet Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.06). U.S. Physical Therapy had a net margin of 4.36% and a return on equity of 8.81%. The firm had revenue of $214.06 million during the quarter, compared to analysts’ expectations of $211.36 million. During the same period in the previous year, the company earned $0.81 earnings per share. The business’s quarterly revenue was up 8.5% on a year-over-year basis. As a group, sell-side analysts predict that U.S. Physical Therapy will post 2.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on USPH shares. Barrington Research cut their target price on shares of U.S. Physical Therapy from $103.00 to $90.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 13th. Citigroup reaffirmed a “market outperform” rating on shares of U.S. Physical Therapy in a report on Friday, July 24th. Zacks Research raised shares of U.S. Physical Therapy from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. Weiss Ratings reissued a “hold (c-)” rating on shares of U.S. Physical Therapy in a report on Friday, May 29th. Finally, Citizens Jmp reiterated a “market outperform” rating and set a $98.00 price objective on shares of U.S. Physical Therapy in a research note on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, U.S. Physical Therapy has an average rating of “Moderate Buy” and a consensus target price of $97.50.

Read Our Latest Analysis on U.S. Physical Therapy

U.S. Physical Therapy Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for U.S. Physical Therapy (NYSE:USPH)

Receive News & Ratings for U.S. Physical Therapy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Physical Therapy and related companies with MarketBeat.com's FREE daily email newsletter.