Insperity Inc (NYSE:NSP) declared a quarterly dividend on Friday, November 30th, NASDAQ reports. Shareholders of record on Thursday, December 13th will be paid a dividend of 0.20 per share by the business services provider on Friday, December 28th. This represents a $0.80 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Wednesday, December 12th.

Insperity has raised its dividend by an average of 15.8% annually over the last three years and has increased its dividend every year for the last 6 years. Insperity has a dividend payout ratio of 25.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Insperity to earn $3.80 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 21.1%.

Shares of NSP stock opened at $96.82 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.69. Insperity has a 1 year low of $55.40 and a 1 year high of $121.15. The firm has a market cap of $4.10 billion, a price-to-earnings ratio of 47.46, a price-to-earnings-growth ratio of 1.62 and a beta of 0.93.

Insperity (NYSE:NSP) last announced its quarterly earnings results on Thursday, November 1st. The business services provider reported $0.96 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.14. Insperity had a return on equity of 123.25% and a net margin of 3.41%. The company had revenue of $925.13 million during the quarter, compared to analyst estimates of $935.62 million. During the same quarter in the previous year, the firm posted $1.14 EPS. The firm’s quarterly revenue was up 16.3% on a year-over-year basis. Equities analysts expect that Insperity will post 3.36 EPS for the current year.

In other news, SVP James D. Allison sold 2,000 shares of the company’s stock in a transaction on Friday, November 9th. The stock was sold at an average price of $115.90, for a total value of $231,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Jay E. Mincks sold 1,042 shares of the company’s stock in a transaction on Monday, November 5th. The shares were sold at an average price of $108.62, for a total value of $113,182.04. The disclosure for this sale can be found here. In the last 90 days, insiders sold 35,742 shares of company stock valued at $4,156,509. Insiders own 9.58% of the company’s stock.

A number of research analysts have issued reports on the company. Zacks Investment Research reiterated a “strong-buy” rating and set a $127.00 price target on shares of Insperity in a research report on Wednesday, November 14th. Robert W. Baird boosted their price target on Insperity from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Friday, November 2nd. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $112.40.

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Insperity Company Profile

Insperity, Inc provides human resources (HR) and business solutions to enhance business performance for small and medium-sized businesses in the United States. The company offers its HR services through its Workforce Optimization and Workforce Synchronization solutions, which encompasses a range of human resources functions comprising payroll and employment administration, employee benefits, workers' compensation, government compliance, performance management and training, and development services.

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Dividend History for Insperity (NYSE:NSP)

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