Concentra Group Holdings Parent, Inc. Announces Quarterly Dividend of $0.06 (NYSE:CON)

Concentra Group Holdings Parent, Inc. (NYSE:CON) announced a quarterly dividend on Monday, March 3rd, RTT News reports. Shareholders of record on Tuesday, March 18th will be paid a dividend of 0.0625 per share on Tuesday, April 1st. This represents a $0.25 annualized dividend and a yield of 1.12%.

Concentra Group Holdings Parent Price Performance

Shares of NYSE:CON opened at $22.38 on Tuesday. The company’s fifty day moving average is $21.88 and its two-hundred day moving average is $21.73. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.52. Concentra Group Holdings Parent has a 12-month low of $18.89 and a 12-month high of $24.81.

Concentra Group Holdings Parent (NYSE:CON) last posted its quarterly earnings results on Monday, March 3rd. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $465.00 million during the quarter, compared to analyst estimates of $465.00 million. Equities research analysts predict that Concentra Group Holdings Parent will post 1.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on CON shares. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $30.00 price target on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd. Bank of America upped their price target on shares of Concentra Group Holdings Parent from $24.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $28.63.

About Concentra Group Holdings Parent

Concentra Group Holdings Parent, Inc provides occupational health services in the United States. The company offers occupational and consumer health services, including workers’ compensation injury care, urgent care, clinical testing, preventative care, and employer services, as well as wellness programs through occupational health centers and onsite clinics.