U.S. Physical Therapy, Inc. (USPH) to Issue Quarterly Dividend of $0.46 on April 10th

U.S. Physical Therapy, Inc. (NYSE:USPH) declared a quarterly dividend on Tuesday, February 24th. Stockholders of record on Friday, March 13th will be paid a dividend of 0.46 per share on Friday, April 10th. This represents a c) annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, March 13th. This is a 2.2% increase from U.S. Physical Therapy’s previous quarterly dividend of $0.45.

U.S. Physical Therapy has increased its dividend payment by an average of 0.4%annually over the last three years and has increased its dividend every year for the last 6 years. U.S. Physical Therapy has a payout ratio of 62.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect U.S. Physical Therapy to earn $2.93 per share next year, which means the company should continue to be able to cover its $1.84 annual dividend with an expected future payout ratio of 62.8%.

U.S. Physical Therapy Stock Performance

U.S. Physical Therapy stock opened at $79.88 on Wednesday. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 56.25, a PEG ratio of 2.03 and a beta of 1.30. The stock’s 50 day simple moving average is $83.80 and its two-hundred day simple moving average is $82.29. U.S. Physical Therapy has a fifty-two week low of $62.77 and a fifty-two week high of $93.50. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.01 and a current ratio of 1.01.

U.S. Physical Therapy (NYSE:USPH) last released its earnings results on Thursday, February 26th. The company reported $0.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.67. U.S. Physical Therapy had a net margin of 5.07% and a return on equity of 8.75%. The firm had revenue of $202.73 million during the quarter, compared to analyst estimates of $200.10 million. During the same period last year, the business earned $0.51 earnings per share. The business’s revenue was up 12.3% on a year-over-year basis. As a group, analysts expect that U.S. Physical Therapy will post 2.67 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on USPH shares. Jefferies Financial Group began coverage on shares of U.S. Physical Therapy in a research report on Monday. They set a “buy” rating and a $102.00 price target for the company. Weiss Ratings restated a “hold (c)” rating on shares of U.S. Physical Therapy in a research report on Wednesday, January 21st. JPMorgan Chase & Co. dropped their target price on shares of U.S. Physical Therapy from $110.00 to $100.00 and set an “overweight” rating for the company in a research report on Monday, November 24th. Citigroup restated a “market outperform” rating on shares of U.S. Physical Therapy in a report on Monday, December 15th. Finally, Barrington Research reissued an “outperform” rating and issued a $103.00 price objective on shares of U.S. Physical Therapy in a research note on Friday, February 20th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $104.50.

U.S. Physical Therapy Company Profile

U.S. Physical Therapy, Inc (NYSE: USPH) is a leading owner and operator of outpatient physical therapy clinics across the United States. The company delivers rehabilitative care to patients recovering from orthopedic injuries, neurological disorders and chronic conditions. Its core services include one-on-one physical therapy sessions, aquatic therapy, occupational therapy, massage therapy and sports medicine programs designed to restore mobility and enhance quality of life.

In addition to traditional rehabilitation services, U.S.