Insperity, Inc. (NYSE:NSP – Get Free Report) announced a quarterly dividend on Wednesday, February 18th. Stockholders of record on Friday, March 6th will be given a dividend of 0.60 per share by the business services provider on Friday, March 20th. This represents a c) annualized dividend and a dividend yield of 11.2%. The ex-dividend date is Friday, March 6th.
Insperity has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 14 consecutive years. Insperity has a payout ratio of 65.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Insperity to earn $3.05 per share next year, which means the company should continue to be able to cover its $2.40 annual dividend with an expected future payout ratio of 78.7%.
Insperity Stock Performance
Shares of NYSE NSP opened at $21.42 on Wednesday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 8.02. The stock has a market capitalization of $808.18 million, a price-to-earnings ratio of -107.10 and a beta of 0.53. The stock’s fifty day simple moving average is $36.69 and its 200 day simple moving average is $41.71. Insperity has a 52-week low of $20.42 and a 52-week high of $95.98.
Analysts Set New Price Targets
Several brokerages recently issued reports on NSP. Truist Financial reduced their price objective on Insperity from $50.00 to $35.00 and set a “hold” rating for the company in a research note on Tuesday, November 4th. Wall Street Zen downgraded Insperity from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Roth Mkm set a $62.00 price target on shares of Insperity in a research report on Monday, January 5th. JPMorgan Chase & Co. decreased their price target on shares of Insperity from $51.00 to $34.00 and set an “underweight” rating for the company in a report on Tuesday, November 4th. Finally, UBS Group set a $56.00 price objective on shares of Insperity in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Insperity currently has an average rating of “Reduce” and a consensus target price of $47.50.
Read Our Latest Stock Report on Insperity
Insperity Company Profile
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.
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