Select Medical Holdings Corporation (NYSE:SEM) Short Interest Update

by · The Cerbat Gem

Select Medical Holdings Corporation (NYSE:SEM – Get Free Report) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,154,445 shares, a decline of 52.1% from the June 15th total of 2,409,477 shares. Based on an average daily volume of 5,948,257 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.1% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on SEM. Mizuho reaffirmed a “neutral” rating and set a $16.50 price target (down from $17.00) on shares of Select Medical in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Select Medical from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Finally, Zacks Research raised shares of Select Medical from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $15.50.

Read Our Latest Research Report on Select Medical

Select Medical Price Performance

Select Medical stock remained flat at $16.51 during midday trading on Thursday. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $2.05 billion, a P/E ratio of 15.58, a PEG ratio of 0.95 and a beta of 1.01. Select Medical has a 12-month low of $11.65 and a 12-month high of $16.99. The stock has a 50 day moving average of $16.53 and a 200-day moving average of $16.06.

Select Medical (NYSE:SEM – Get Free Report) last issued its earnings results on Thursday, April 30th. The health services provider reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.07). Select Medical had a return on equity of 6.62% and a net margin of 2.42%.The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the business earned $0.44 EPS. The business’s revenue was up 5.0% on a year-over-year basis. Select Medical has set its FY 2026 guidance at 1.220-1.320 EPS. On average, sell-side analysts expect that Select Medical will post 1.26 EPS for the current year.

Select Medical Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th were issued a $0.0625 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Thursday, May 14th. Select Medical’s dividend payout ratio is presently 23.58%.

Institutional Trading of Select Medical

Large investors have recently added to or reduced their stakes in the business. Quarry LP acquired a new stake in shares of Select Medical during the fourth quarter valued at approximately $26,000. Quantbot Technologies LP purchased a new position in Select Medical during the 3rd quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Select Medical during the fourth quarter worth approximately $28,000. Hantz Financial Services Inc. grew its position in Select Medical by 214.7% during the fourth quarter. Hantz Financial Services Inc. now owns 2,549 shares of the health services provider’s stock valued at $38,000 after purchasing an additional 1,739 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in Select Medical by 37.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,870 shares of the health services provider’s stock valued at $43,000 after buying an additional 788 shares during the period. 89.48% of the stock is currently owned by institutional investors.

About Select Medical

(Get Free Report)

Select Medical is a leading provider of specialized healthcare services in the United States, operating through two primary business segments: Hospital Division and Outpatient Rehabilitation Division. The Hospital Division offers long-term acute care (LTAC) hospitals and inpatient rehabilitation facilities (IRFs) that serve patients recovering from complex illnesses, trauma or surgery. The Outpatient Rehabilitation Division delivers physical, occupational and speech therapy services through a network of clinic locations and home-based care programs.

Headquartered in Mechanicsburg, Pennsylvania, Select Medical was founded in 1996 and has grown through strategic partnerships, joint ventures and acquisitions.

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