Healthcare Services Group Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Healthcare Services Group in the last year. There are currently 5 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Healthcare Services Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HCSG, but not buy additional shares or sell existing shares.
View analyst ratings for Healthcare Services Group or view top-rated stocks.

Wall Street analysts have given Healthcare Services Group a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Healthcare Services Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Healthcare Services Group is scheduled to release its next quarterly earnings announcement on Tuesday, April 20th 2021.
View our earnings forecast for Healthcare Services Group.

Healthcare Services Group, Inc. (NASDAQ:HCSG) issued its quarterly earnings results on Wednesday, February, 10th. The business services provider reported $0.37 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.29 by $0.08. The business services provider earned $423.20 million during the quarter, compared to analysts' expectations of $425.28 million. Healthcare Services Group had a trailing twelve-month return on equity of 19.82% and a net margin of 5.04%. The company's revenue was down 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.25 earnings per share.
View Healthcare Services Group's earnings history.

Healthcare Services Group's stock was trading at $21.89 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HCSG shares have increased by 31.6% and is now trading at $28.81.
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Healthcare Services Group declared a quarterly dividend on Wednesday, February 10th. Investors of record on Friday, February 26th will be given a dividend of $0.2062 per share on Friday, March 26th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Thursday, February 25th. This is an increase from Healthcare Services Group's previous quarterly dividend of $0.21.
View Healthcare Services Group's dividend history.

Healthcare Services Group pays an annual dividend of $0.82 per share and currently has a dividend yield of 2.90%. Healthcare Services Group has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Healthcare Services Group is 94.25%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Healthcare Services Group will have a dividend payout ratio of 69.49% next year. This indicates that Healthcare Services Group will be able to sustain or increase its dividend.
View Healthcare Services Group's dividend history.

5 brokers have issued 1 year price targets for Healthcare Services Group's stock. Their forecasts range from $29.00 to $33.00. On average, they anticipate Healthcare Services Group's share price to reach $30.75 in the next year. This suggests a possible upside of 6.7% from the stock's current price.
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335 employees have rated Healthcare Services Group CEO Ted Wahl on Glassdoor.com. Ted Wahl has an approval rating of 72% among Healthcare Services Group's employees.

Some companies that are related to Healthcare Services Group include Cintas (CTAS), Copart (CPRT), Iron Mountain (IRM), UniFirst (UNF), KAR Auction Services (KAR), McGrath RentCorp (MGRC), Viad (VVI) and Performant Financial (PFMT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Healthcare Services Group investors own include Energy Transfer (ET), Gilead Sciences (GILD), Pfizer (PFE), The Boeing (BA), Cisco Systems (CSCO), Ford Motor (F), The Home Depot (HD), NVIDIA (NVDA), Starbucks (SBUX) and The Procter & Gamble (PG).

Healthcare Services Group trades on the NASDAQ under the ticker symbol "HCSG."

Healthcare Services Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (1.04%), Scout Investments Inc. (0.30%), State of Alaska Department of Revenue (0.02%) and Pacer Advisors Inc. (0.01%). Company insiders that own Healthcare Services Group stock include Andrew Kush, Dino D Ottaviano, Michael E Mcbryan and Robert L Frome.
View institutional ownership trends for Healthcare Services Group.

HCSG stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, State of Alaska Department of Revenue, and Pacer Advisors Inc.. Company insiders that have sold Healthcare Services Group company stock in the last year include Andrew Kush, Dino D Ottaviano, Michael E Mcbryan, and Robert L Frome.
View insider buying and selling activity for Healthcare Services Group or view top insider-selling stocks.

HCSG stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc..
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Shares of HCSG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HCSG stock can currently be purchased for approximately $28.81.

Healthcare Services Group has a market capitalization of $2.15 billion and generates $1.84 billion in revenue each year. The business services provider earns $64.58 million in net income (profit) each year or $0.87 on an earnings per share basis.

Healthcare Services Group employs 51,000 workers across the globe.

The official website for Healthcare Services Group is www.hcsgcorp.com.

Healthcare Services Group is headquartered at 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA, 19020.

Healthcare Services Group's mailing address is 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA, 19020. The business services provider can be reached via phone at 215-639-4274 or via email at [email protected]