NASDAQ:SGRY - Surgery Partners Stock Price, Price Target & More

Surgery Partners trades on the NASDAQ under the ticker symbol "SGRY."

Surgery Partners announced that its Board of Directors has approved a share repurchase plan on Saturday, December 16th 2017, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

Surgery Partners (NASDAQ:SGRY) released its quarterly earnings results on Wednesday, May, 9th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.21) by $0.05. The company earned $417.37 million during the quarter, compared to the consensus estimate of $410.79 million. Surgery Partners had a negative net margin of 5.13% and a negative return on equity of 1.90%. The business's revenue for the quarter was up 45.8% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.06) EPS. View Surgery Partners' Earnings History.

Surgery Partners is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Surgery Partners.

8 brokers have issued 12 month target prices for Surgery Partners' stock. Their forecasts range from $15.00 to $19.00. On average, they anticipate Surgery Partners' share price to reach $17.6667 in the next twelve months. View Analyst Ratings for Surgery Partners.

Some companies that are related to Surgery Partners include HCA Healthcare (HCA), Universal Health Services (UHS), Tenet Healthcare (THC), LifePoint Health (LPNT), Community Health Systems (CYH) and Quorum Health (QHC).

News stories about SGRY stock have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Surgery Partners earned a coverage optimism score of 0.15 on Accern's scale. They also gave news headlines about the company an impact score of 48.11 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Surgery Partners' stock is owned by a number of of institutional and retail investors. Top institutional investors include DOYLE MICHAEL THOMAS (6.10%), DOYLE MICHAEL THOMAS (6.10%), BlackRock Inc. (2.64%), Elk Creek Partners LLC (1.21%), JPMorgan Chase & Co. (1.11%) and Dimensional Fund Advisors LP (1.11%). Company insiders that own Surgery Partners stock include HIG Surgery Centers, Llc and Jennifer Baldock. View Institutional Ownership Trends for Surgery Partners.

SGRY stock was sold by a variety of institutional investors in the last quarter, including Highland Capital Management LP, JPMorgan Chase & Co., Sei Investments Co., Elk Creek Partners LLC, BlackRock Inc. and Northern Trust Corp. View Insider Buying and Selling for Surgery Partners.

SGRY stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., BNP Paribas Arbitrage SA, Millennium Management LLC, Dimensional Fund Advisors LP, GSA Capital Partners LLP, Schwab Charles Investment Management Inc. and MetLife Investment Advisors LLC. View Insider Buying and Selling for Surgery Partners.

Shares of SGRY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SGRY stock can currently be purchased for approximately $18.20.

Surgery Partners has a market capitalization of $914.67 million and generates $1.34 billion in revenue each year. The company earns $-52,980,000.00 in net income (profit) each year or ($0.84) on an earnings per share basis. Surgery Partners employs 10,600 workers across the globe.

Surgery Partners' mailing address is 310 Seven Springs Way Suite 500, Brentwood TN, 37027. The company can be reached via phone at 615-234-5900 or via email at [email protected]