Healthcare Services Group (NASDAQ:HCSG) announced its quarterly earnings data on Tuesday, February 6th. The business services provider reported $0.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.31 by ($0.04), Bloomberg Earnings reports. The firm had revenue of $499.41 million for the quarter, compared to the consensus estimate of $499.37 million. Healthcare Services Group had a net margin of 4.73% and a return on equity of 23.17%. The firm’s revenue for the quarter was up 25.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.28 earnings per share.
Shares of Healthcare Services Group (HCSG) opened at $48.74 on Thursday. Healthcare Services Group has a twelve month low of $40.83 and a twelve month high of $56.20. The company has a market cap of $3,459.22, a PE ratio of 41.31, a PEG ratio of 2.57 and a beta of 0.62.
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 23rd. Stockholders of record on Friday, February 16th will be issued a $0.1913 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $0.77 annualized dividend and a dividend yield of 1.57%. This is a positive change from Healthcare Services Group’s previous quarterly dividend of $0.19. Healthcare Services Group’s payout ratio is currently 64.41%.
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Healthcare Services Group Company Profile
Healthcare Services Group, Inc provides management, administrative and operating services to the housekeeping, laundry, linen, facility maintenance and dietary service departments of the healthcare industry, including nursing homes, retirement complexes, rehabilitation centers and hospitals located throughout the United States.
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