Concentra Group Holdings Parent (NYSE:CON) Issues Quarterly Earnings Results

Concentra Group Holdings Parent (NYSE:CON) issued its quarterly earnings results on Thursday. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.44 by $0.08, FiscalAI reports. The company had revenue of $622.12 million during the quarter, compared to analysts’ expectations of $605.52 million. Concentra Group Holdings Parent had a net margin of 9.26% and a return on equity of 50.17%. The firm’s revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.39 EPS.

Concentra Group Holdings Parent Stock Down 0.3%

NYSE CON traded down $0.11 on Friday, hitting $42.04. 1,424,121 shares of the stock were exchanged, compared to its average volume of 1,369,590. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 3.22. Concentra Group Holdings Parent has a fifty-two week low of $18.89 and a fifty-two week high of $44.22. The company has a market cap of $5.36 billion, a PE ratio of 24.88, a PEG ratio of 1.54 and a beta of 0.51. The company has a 50-day moving average price of $37.00 and a 200-day moving average price of $28.99.

Concentra Group Holdings Parent Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Thursday, November 19th will be issued a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a yield of 0.6%. The ex-dividend date is Thursday, November 19th. Concentra Group Holdings Parent’s payout ratio is 14.79%.

Concentra Group Holdings Parent News Roundup

Here are the key news stories impacting Concentra Group Holdings Parent this week:

• Positive Sentiment: Third-quarter revenue rose 8.6% year over year to $622.1 million, above estimates of about $605.5 million. Adjusted earnings of $0.52 per share also topped expectations, while net income attributable to the company increased 36.5%. Company results and guidance
• Positive Sentiment: Concentra raised its 2026 outlook, projecting revenue of $2.36 billion–$2.38 billion and adjusted EBITDA of $505 million–$510 million. The company issued the higher forecast following a leadership transition. Raised 2026 outlook
• Positive Sentiment: The company announced a $250 million share repurchase authorization, which could return capital to shareholders and support per-share results. Share-buyback announcement
• Neutral Sentiment: Concentra declared a quarterly dividend of $0.0625 per share, equivalent to a 0.6% annualized yield. This offers a modest shareholder return but is unlikely to be a major stock catalyst. Dividend and results announcement

Wall Street Analysts Forecast Growth

CON has been the topic of several analyst reports. Truist Financial increased their price objective on Concentra Group Holdings Parent from $37.00 to $42.00 and gave the company a “buy” rating in a research note on Monday, August 10th. JPMorgan Chase & Co. boosted their target price on Concentra Group Holdings Parent from $34.00 to $43.00 and gave the stock an “overweight” rating in a research note on Thursday, September 10th. Jefferies Financial Group began coverage on Concentra Group Holdings Parent in a research note on Friday, October 16th. They set a “buy” rating and a $47.00 target price for the company. Zacks Research upgraded Concentra Group Holdings Parent from a “hold” rating to a “strong-buy” rating in a report on Monday, August 31st. Finally, Stephens assumed coverage on Concentra Group Holdings Parent in a report on Tuesday, October 20th. They set an “overweight” rating and a $45.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $41.29.

Concentra Group Holdings Parent Company Profile

Concentra Group Holdings Parent, Inc is the parent company of Concentra, a provider of occupational health services in the United States. The company primarily serves employers, workers and insurers through a nationwide network of medical centers and employer-based clinics.

Concentra’s services include workplace injury care, workers’ compensation treatment, physical examinations, drug and alcohol testing, vaccinations, physical therapy, urgent care and other occupational medicine programs.