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

Concentra Group Holdings Parent, Inc. (NYSE:CON) declared an annual dividend on Thursday, October 31st,NASDAQ Dividends reports. Shareholders of record on Wednesday, November 13th will be given a dividend of 0.0625 per share on Friday, November 22nd. The ex-dividend date is Wednesday, November 13th.

Concentra Group Holdings Parent Stock Up 0.2 %

Shares of NYSE CON opened at $19.68 on Tuesday. The company has a quick ratio of 1.21, a current ratio of 1.52 and a debt-to-equity ratio of 5.20. Concentra Group Holdings Parent has a 1-year low of $18.89 and a 1-year high of $24.81. The stock has a 50-day moving average of $21.61.

Concentra Group Holdings Parent (NYSE:CON) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. The company had revenue of $489.64 million during the quarter, compared to analysts’ expectations of $492.61 million. The business’s revenue was up 3.3% on a year-over-year basis. Analysts anticipate that Concentra Group Holdings Parent will post 1.45 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have commented on CON shares. Wells Fargo & Company initiated coverage on shares of Concentra Group Holdings Parent in a report on Monday, August 19th. They issued an “overweight” rating and a $27.00 price objective on the stock. The Goldman Sachs Group assumed coverage on Concentra Group Holdings Parent in a research note on Monday, August 19th. They set a “buy” rating and a $32.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on Concentra Group Holdings Parent in a research note on Monday, August 19th. They set an “overweight” rating and a $29.00 target price for the company. Deutsche Bank Aktiengesellschaft started coverage on shares of Concentra Group Holdings Parent in a research note on Monday, August 19th. They issued a “buy” rating and a $29.00 price target for the company. Finally, Royal Bank of Canada reduced their price objective on shares of Concentra Group Holdings Parent from $33.00 to $30.00 and set an “outperform” rating on the stock in a research note on Monday, November 4th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $28.50.

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.