Insperity, Inc. (NYSE:NSP) Announces Quarterly Dividend of $0.60

Insperity, Inc. (NYSE:NSPGet Free Report) declared a quarterly dividend on Thursday, August 20th. Investors of record on Wednesday, September 2nd will be paid a dividend of 0.60 per share by the business services provider on Thursday, September 17th. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date is Wednesday, September 2nd.

Insperity has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 14 consecutive years. Insperity has a dividend payout ratio of 65.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Insperity to earn $1.72 per share next year, which means the company may not be able to cover its $2.40 annual dividend with an expected future payout ratio of 139.5%.

Insperity Stock Performance

NSP traded up $0.42 during trading on Thursday, reaching $52.28. 344,916 shares of the company’s stock were exchanged, compared to its average volume of 931,653. Insperity has a fifty-two week low of $18.57 and a fifty-two week high of $57.22. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 6.87. The business has a 50 day moving average price of $46.22 and a 200 day moving average price of $35.21. The company has a market capitalization of $2.00 billion, a P/E ratio of -121.58 and a beta of 0.52.

Insperity (NYSE:NSPGet Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The business services provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.02. Insperity had a negative net margin of 0.23% and a negative return on equity of 19.99%. The firm had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the previous year, the firm posted $0.26 EPS. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. Insperity has set its FY 2026 guidance at 1.880-2.430 EPS and its Q3 2026 guidance at -0.090-0.410 EPS. As a group, analysts predict that Insperity will post 1.07 earnings per share for the current fiscal year.

Insider Buying and Selling at Insperity

In related news, CEO Paul J. Sarvadi bought 233,000 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was bought at an average cost of $34.05 per share, with a total value of $7,933,650.00. Following the completion of the purchase, the chief executive officer owned 1,105,912 shares in the company, valued at approximately $37,656,303.60. The trade was a 26.69% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 5.77% of the company’s stock.

Hedge Funds Weigh In On Insperity

Large investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio boosted its stake in shares of Insperity by 48.1% in the 1st quarter. Public Employees Retirement System of Ohio now owns 1,299 shares of the business services provider’s stock valued at $35,000 after purchasing an additional 422 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in Insperity by 871.6% in the fourth quarter. Farther Finance Advisors LLC now owns 991 shares of the business services provider’s stock valued at $38,000 after buying an additional 889 shares during the period. Allworth Financial LP lifted its holdings in Insperity by 845.3% in the fourth quarter. Allworth Financial LP now owns 1,106 shares of the business services provider’s stock valued at $43,000 after buying an additional 989 shares during the period. Caitong International Asset Management Co. Ltd boosted its stake in Insperity by 75.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 964 shares of the business services provider’s stock valued at $47,000 after acquiring an additional 416 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in Insperity by 62.9% during the 4th quarter. UMB Bank n.a. now owns 1,427 shares of the business services provider’s stock worth $55,000 after acquiring an additional 551 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

About Insperity

(Get Free Report)

Insperity, Inc is a leading provider of human resources and business performance solutions designed to help small and midsize businesses operate more efficiently. Headquartered in Kingwood, Texas, the company offers a comprehensive suite of products and services that span workforce management, payroll administration, employee benefits, risk management, and talent development. By leveraging its proprietary technology platform and team of HR experts, Insperity enables clients to focus on core business objectives while outsourcing complex administrative functions.

The company’s flagship offering is its Professional Employer Organization (PEO) service, which allows clients to outsource critical HR tasks such as payroll processing, workers’ compensation administration, and compliance with employment regulations.

See Also

Dividend History for Insperity (NYSE:NSP)

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