Insperity, Inc - NSP STOCK NEWS

Insperity, Inc. (NYSE: NSP) has announced a 16% increase in its quarterly cash dividend, raising it from $0.45 to $0.52 per share.

The dividend will be distributed on June 23, 2022, to shareholders of record as of June 9, 2022. With 2021 revenues of $5.0 billion, Insperity continues to provide comprehensive human resources solutions, contributing to business success nationwide.

Insperity reported strong Q1 2022 results with a 22.6% revenue increase to $1.6 billion and net income of $69.9 million, translating to diluted EPS of $1.80. The average number of worksite employees (WSEEs) rose 19.5% year-over-year to 278,660, alongside a 14% increase in adjusted EBITDA to $118.6 million. Client attrition improved to 8.5%, down from 12% in Q1 2021. Cash totaled $153 million with dividends and share repurchases underscoring shareholder returns. Insperity provided updated guidance, forecasting adjusted EPS between $4.31 and $5.09 for the full year.

Insperity, Inc. (NYSE: NSP) will announce its Q1 earnings on April 26, 2022, before the NYSE opens. A teleconference at 8:30 a.m. ET will be hosted by management to discuss earnings and business trends, accessible via phone at 833-797-3715 or through a live webcast at ir.insperity.com. The company reported revenues of $5.0 billion in 2021 and provides comprehensive HR solutions to businesses across the U.S., helping them achieve sustained growth.

Insperity, Inc. (NYSE: NSP) has announced a quarterly cash dividend of $0.45 per share, to be paid on March 24, 2022 to stockholders of record by March 10, 2022. The company reported 2021 revenues of $5.0 billion, emphasizing its extensive suite of HR solutions and commitment to helping businesses and communities thrive.

Insperity operates over 80 offices across the U.S., providing essential services that contribute to the growth and stability of its client businesses.

Insperity, a provider of HR solutions, reported strong Q4 and full-year results for 2021. The average number of paid WSEEs increased 12.4% in Q4 and 7% for the year, with revenues up 22% in Q4 and 16% for 2021, totaling $5.0 billion. Unfortunately, higher benefit costs related to COVID-19 led to a Q4 net income of $9.7 million, falling short of expectations. The company projects continued growth in 2022, forecasting average WSEEs to rise by 14.5% to 16.5% and adjusted EPS to range from $3.74 to $4.86.

Insperity, Inc. (NYSE: NSP) will release its fourth quarter earnings on February 10, 2022, after the stock market closes. A teleconference is scheduled for 5 p.m. ET to discuss results and business trends, accessible at 833-797-3715. The call will also be live-streamed. Insperity, a major provider of human resources and business performance solutions, reported revenues of $4.3 billion in 2020 and operates more than 80 offices across the U.S.

First Financial Bankshares has appointed Eli Jones, Ph.D., to its Board of Directors, enhancing its governance. With extensive experience in higher education and public companies, Jones will also join the First Financial Bank, N.A. Board. His tenure includes prominent roles at Texas A&M University and other institutions. Chairman Scott Dueser expressed confidence in Jones’s expertise in marketing and sales culture, anticipating a positive influence on the company's strategic direction.

Insperity, Inc. (NYSE: NSP) has extended its 20-year partnership with UnitedHealthcare (NYSE: UNH) for medical and dental coverage, enhancing benefits for its worksite employees. The new contract, which runs until 2026 for medical and 2024 for dental, aims to provide premium healthcare while achieving administrative cost savings beginning in 2022. This extension is expected to support national expansion and increase plan participation amidst rising healthcare costs. Insperity is committed to maintaining high-quality HR solutions and service excellence for businesses across the U.S.

Insperity, Inc. (NYSE: NSP) has declared a special cash dividend of $2 per share, in addition to its regular quarterly dividend of $0.45 per share. The total dividend payout is expected to return approximately $77 million to shareholders on December 20, 2021. Furthermore, the board approved an expansion of its stock repurchase program by 1 million shares, increasing its total repurchase capacity to 1.9 million shares. These measures reflect the company's confidence in its business model and aim to enhance shareholder value through dividends and stock repurchases.