Concentra Group Holdings Parent (NYSE:CON – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.08, FiscalAI reports. Concentra Group Holdings Parent had a net margin of 9.26% and a return on equity of 50.17%. The company had revenue of $622.12 million during the quarter, compared to the consensus estimate of $605.52 million. During the same period last year, the firm earned $0.39 EPS. The company’s revenue for the quarter was up 8.6% on a year-over-year basis.
Concentra Group Holdings Parent Trading Down 0.3%
NYSE:CON traded down $0.11 during trading hours on Friday, reaching $42.04. 1,424,121 shares of the company were exchanged, compared to its average volume of 1,369,590. The company has a debt-to-equity ratio of 3.22, a current ratio of 1.38 and a quick ratio of 1.38. The firm has a market cap of $5.36 billion, a price-to-earnings ratio of 24.88, a PEG ratio of 1.54 and a beta of 0.51. Concentra Group Holdings Parent has a 52-week low of $18.89 and a 52-week high of $44.22. The stock has a 50 day simple moving average of $37.00 and a 200 day simple moving average of $28.99.
Concentra Group Holdings Parent Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Thursday, November 19th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $0.25 annualized dividend and a yield of 0.6%. Concentra Group Holdings Parent’s dividend payout ratio is 14.79%.
Concentra Group Holdings Parent News Roundup
Here are the key news stories impacting Concentra Group Holdings Parent this week:
- Positive Sentiment: Third-quarter revenue rose 8.6% year over year to $622.1 million, above estimates of about $605.5 million. Adjusted earnings of $0.52 per share also topped expectations, while net income attributable to the company increased 36.5%. Company results and guidance
- Positive Sentiment: Concentra raised its 2026 outlook, projecting revenue of $2.36 billion–$2.38 billion and adjusted EBITDA of $505 million–$510 million. The company issued the higher forecast following a leadership transition. Raised 2026 outlook
- Positive Sentiment: The company announced a $250 million share repurchase authorization, which could return capital to shareholders and support per-share results. Share-buyback announcement
- Neutral Sentiment: Concentra declared a quarterly dividend of $0.0625 per share, equivalent to a 0.6% annualized yield. This offers a modest shareholder return but is unlikely to be a major stock catalyst. Dividend and results announcement
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on CON shares. JPMorgan Chase & Co. raised their price target on Concentra Group Holdings Parent from $34.00 to $43.00 and gave the company an “overweight” rating in a research report on Thursday, September 10th. Royal Bank Of Canada boosted their price objective on shares of Concentra Group Holdings Parent from $36.00 to $42.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Truist Financial raised their target price on shares of Concentra Group Holdings Parent from $37.00 to $42.00 and gave the company a “buy” rating in a report on Monday, August 10th. Zacks Research upgraded shares of Concentra Group Holdings Parent from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 31st. Finally, Stephens started coverage on shares of Concentra Group Holdings Parent in a research report on Tuesday, October 20th. They set an “overweight” rating and a $45.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. According to data from MarketBeat.com, Concentra Group Holdings Parent has an average rating of “Buy” and an average target price of $41.29.
Check Out Our Latest Stock Report on CON
Concentra Group Holdings Parent Company Profile
Concentra Group Holdings Parent, Inc is the parent company of Concentra, a provider of occupational health services in the United States. The company primarily serves employers, workers and insurers through a nationwide network of medical centers and employer-based clinics.
Concentra’s services include workplace injury care, workers’ compensation treatment, physical examinations, drug and alcohol testing, vaccinations, physical therapy, urgent care and other occupational medicine programs.
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