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

Concentra Group Holdings Parent, Inc. (NYSE:CON) declared a quarterly dividend on Monday, March 3rd, RTT News reports. Shareholders of record on Tuesday, March 18th will be given a dividend of 0.0625 per share on Tuesday, April 1st. This represents a $0.25 annualized dividend and a yield of 1.12%.

Concentra Group Holdings Parent Stock Performance

Shares of CON traded down $0.20 during midday trading on Monday, hitting $22.38. 632,064 shares of the company’s stock traded hands, compared to its average volume of 731,496. 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 firm’s fifty day moving average is $21.88 and its 200-day moving average is $21.73.

Wall Street Analyst Weigh In

A number of research firms have commented on CON. Royal Bank of Canada reiterated an “outperform” rating and issued a $30.00 price target on shares of Concentra Group Holdings Parent in a research note on Thursday, January 23rd. Bank of America increased their price objective on shares of 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 investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $28.63.

About Concentra Group Holdings Parent

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.