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

Concentra Group Holdings Parent, Inc. (NYSE:CON) announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Tuesday, May 19th will be paid a dividend of 0.0625 per share on Tuesday, June 9th. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, May 19th.

Concentra Group Holdings Parent Stock Performance

Shares of CON stock opened at $23.70 on Friday. The firm has a market cap of $3.05 billion, a price-to-earnings ratio of 18.23, a P/E/G ratio of 1.17 and a beta of 0.72. The company has a debt-to-equity ratio of 3.90, a quick ratio of 1.14 and a current ratio of 1.14. Concentra Group Holdings Parent has a 52 week low of $18.55 and a 52 week high of $24.68. The firm’s 50-day simple moving average is $22.41 and its two-hundred day simple moving average is $21.37.

Concentra Group Holdings Parent (NYSE:CON) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.35 by $0.05. The business had revenue of $569.56 million for the quarter, compared to analyst estimates of $553.53 million. Concentra Group Holdings Parent had a net margin of 7.69% and a return on equity of 48.46%. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 earnings per share. As a group, equities analysts forecast that Concentra Group Holdings Parent will post 1.47 earnings per share for the current year.

Concentra Group Holdings Parent Company Profile

Concentra Group Holdings Parent (NYSE:CON) is a Canada-based financial services holding company that specializes in serving Canadian credit unions and their members. Through its operating subsidiaries, the group provides wholesale funding, lending solutions and investment management services tailored to the unique needs of cooperative financial institutions. Concentra’s broad suite of offerings includes trust and custody services, mortgage investment products and equipment financing, all designed to support credit-union growth and stability.

In addition to wholesale funding and lending, Concentra Group Holdings Parent distributes life and general insurance products through affiliated insurance brokers and credit-union channels.