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

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

Concentra Group Holdings Parent Price Performance

Shares of CON opened at $19.68 on Tuesday. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.52 and a quick ratio of 1.21. Concentra Group Holdings Parent has a 1-year low of $18.89 and a 1-year high of $24.81. The stock’s 50 day simple moving average is $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 the consensus estimate of $0.36 by $0.01. The company had revenue of $489.64 million for the quarter, compared to analysts’ expectations of $492.61 million. Concentra Group Holdings Parent’s revenue for the quarter was up 3.3% compared to the same quarter last year. Equities analysts forecast that Concentra Group Holdings Parent will post 1.45 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on CON. Royal Bank of Canada reduced their target price on shares of Concentra Group Holdings Parent from $33.00 to $30.00 and set an “outperform” rating on the stock in a report on Monday, November 4th. Truist Financial started coverage on shares of Concentra Group Holdings Parent in a research note on Monday, August 19th. They set a “buy” rating and a $29.00 price objective on the stock. The Goldman Sachs Group started coverage on shares of Concentra Group Holdings Parent in a research note on Monday, August 19th. They issued a “buy” rating and a $32.00 target price for the company. Mizuho assumed coverage on Concentra Group Holdings Parent in a research note on Monday, August 19th. They set an “outperform” rating and a $28.00 price target on the stock. Finally, Wells Fargo & Company started coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They issued an “overweight” rating and a $27.00 price objective for the company. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Concentra Group Holdings Parent presently has a consensus rating of “Moderate Buy” and a consensus 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.