Insperity, Inc. (NSP) To Go Ex-Dividend on December 10th

Insperity, Inc. (NYSE:NSP) declared a quarterly dividend on Friday, November 22nd,NASDAQ Dividends reports. Stockholders of record on Tuesday, December 10th will be given a dividend of 0.60 per share by the business services provider on Tuesday, December 24th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date is Tuesday, December 10th.

Insperity has increased its dividend payment by an average of 11.7% per year over the last three years and has raised its dividend annually for the last 14 consecutive years. Insperity has a dividend payout ratio of 65.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Insperity to earn $2.55 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 94.1%.

Insperity Stock Up 3.0 %

NSP opened at $76.09 on Friday. The stock has a market cap of $2.84 billion, a PE ratio of 24.15, a P/E/G ratio of 2.07 and a beta of 1.12. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.95. Insperity has a 52 week low of $71.69 and a 52 week high of $119.40. The business’s fifty day simple moving average is $83.29 and its 200 day simple moving average is $91.08.

Analysts Set New Price Targets

Several analysts have issued reports on NSP shares. Truist Financial cut their price target on shares of Insperity from $95.00 to $88.00 and set a “hold” rating for the company in a research report on Friday, November 1st. StockNews.com lowered shares of Insperity from a “buy” rating to a “hold” rating in a report on Monday, November 4th. William Blair lowered shares of Insperity from an “outperform” rating to a “market perform” rating in a report on Tuesday, September 24th. Finally, JPMorgan Chase & Co. began coverage on shares of Insperity in a report on Tuesday, October 22nd. They set an “underweight” rating and a $90.00 target price for the company. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat, Insperity currently has a consensus rating of “Hold” and a consensus price target of $95.67.

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.