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


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

Concentra Group Holdings Parent, Inc. (NYSE:CON - Get Free Report) declared a dividend on Thursday, October 31st, NASDAQ 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 of this dividend is Wednesday, November 13th.

Shares of Concentra Group Holdings Parent stock traded down $0.14 on Friday, reaching $20.13. The company had a trading volume of 375,628 shares, compared to its average volume of 457,429. The business has a 50 day simple moving average of $22.14. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.21 and a current ratio of 1.21. Concentra Group Holdings Parent has a 52-week low of $18.89 and a 52-week high of $24.81.

Concentra Group Holdings Parent (NYSE:CON - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.01. The firm had revenue of $489.64 million for the quarter, compared to analyst estimates of $492.61 million. The business's revenue for the quarter was up 3.3% compared to the same quarter last year. As a group, equities research analysts expect that Concentra Group Holdings Parent will post 1.47 earnings per share for the current year.

CON has been the subject of several recent research reports. The Goldman Sachs Group began 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 price objective for the company. Deutsche Bank Aktiengesellschaft assumed 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. Bank of America cut Concentra Group Holdings Parent from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $30.50 to $24.00 in a research note on Monday, October 7th. Royal Bank of Canada assumed coverage on Concentra Group Holdings Parent in a research note on Tuesday, August 20th. They set an "outperform" rating and a $33.00 target price for the company. Finally, Truist Financial started coverage on Concentra Group Holdings Parent in a research report on Monday, August 19th. They issued a "buy" rating and a $29.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $28.88.

Check Out Our Latest Analysis on 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.

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