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

Concentra Group Holdings Parent, Inc. (NYSE:CON) declared a quarterly dividend on Monday, March 3rd, RTT News reports. Stockholders 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 dividend yield of 1.12%.

Concentra Group Holdings Parent Stock Down 0.9 %

CON opened at $22.38 on Tuesday. The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.52. Concentra Group Holdings Parent has a 1-year low of $18.89 and a 1-year high of $24.81. The business has a 50 day moving average price of $21.88 and a two-hundred day moving average price of $21.73.

Concentra Group Holdings Parent (NYSE:CON) last released its 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 firm had revenue of $465.00 million during the quarter, compared to analyst estimates of $465.00 million. Research analysts anticipate that Concentra Group Holdings Parent will post 1.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Concentra Group Holdings Parent Company Profile

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.