Insperity, Inc. Declares Quarterly Dividend of $0.60 (NYSE:NSP)

Key Points

• Insperity, Inc. announced a quarterly dividend of $0.60 per share, with shareholders of record set to receive it on September 18th, yielding 4.4% annually.
• The company reported a net margin of 0.60% and missed earnings expectations for the last quarter, earning $0.26 per share against a forecast of $0.41.
• Equities research firms have downgraded Insperity’s stock ratings, with JPMorgan reducing the price target to $51.00 and cutting its rating to "underweight."

Insperity, Inc. (NYSE:NSP - Get Free Report) announced a quarterly dividend on Wednesday, August 20th, RTT News reports. Stockholders of record on Thursday, September 4th will be paid a dividend of 0.60 per share by the business services provider on Thursday, September 18th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Thursday, September 4th.

Insperity has a payout ratio of 65.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Insperity to earn $3.05 per share next year, which means the company should continue to be able to cover its $2.40 annual dividend with an expected future payout ratio of 78.7%.

Insperity Trading Up 3.1%

NYSE NSP traded up $1.6930 during trading hours on Friday, hitting $55.4930. 759,861 shares of the company's stock were exchanged, compared to its average volume of 840,856. The business's 50 day moving average is $57.16 and its 200-day moving average is $70.79. Insperity has a 12-month low of $44.14 and a 12-month high of $95.98. The firm has a market capitalization of $2.09 billion, a P/E ratio of 52.35 and a beta of 0.47. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.12 and a current ratio of 1.12.

Insperity (NYSE:NSP - Get Free Report) last released its earnings results on Friday, August 1st. The business services provider reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.15). Insperity had a return on equity of 35.32% and a net margin of 0.60%.The business had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.66 billion. During the same quarter last year, the company posted $0.86 earnings per share. The business's quarterly revenue was up 3.3% compared to the same quarter last year. Insperity has set its FY 2025 guidance at 1.810-2.51 EPS. Q3 2025 guidance at 0.060-0.49 EPS. As a group, analysts anticipate that Insperity will post 2.33 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. reduced their target price on Insperity from $68.00 to $51.00 and set an "underweight" rating on the stock in a research report on Monday, August 4th. Roth Capital dropped their price target on Insperity from $85.00 to $74.00 and set a "buy" rating for the company in a research note on Monday, August 4th. Wall Street Zen lowered Insperity from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Finally, Truist Financial dropped their price target on Insperity from $70.00 to $50.00 and set a "hold" rating for the company in a research note on Monday, August 4th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $58.33.

About Insperity

Insperity, Inc engages in the provision of human resources (HR) and business solutions to improve business performance for small and medium-sized businesses primarily in the United States. It offers its HR services through its workforce optimization and workforce synchronization solutions that include a range of human resources functions, such as payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management, and training and development services.