U.S. Physical Therapy, Inc. (USPH)

In the past six months, USPH's stock experienced several notable events, including the release of its fourth-quarter and full-year 2025 results, which led to a slight stock decline. The company announced a strategic alliance between Metro Physical & Aquatic Therapy and NYU Langone Health, and acquired an industrial injury prevention business. There were reports of insider selling in March 2026. Analysts have given USPH an average recommendation of "Moderate Buy." The stock price as of April 2, 2026, was $73.74 per share, representing a 13.31% increase from April 7, 2025, but has decreased by 1.0% since the start of 2026.

U.S. Physical Therapy, Inc. experiences demand seasonality for its services, with the first quarter typically being the lowest for EBITDA. Historically, April has shown the highest probability of a positive return for USPH, while March has the lowest. The company anticipates continued record demand for its services in 2025, driven by the aging and active U.S. population.

U.S. Physical Therapy, Inc. (USPH) is a publicly traded operator of outpatient physical and occupational therapy clinics, operating in the Healthcare sector, specifically in Specialized Health Services and Health Care Facilities. USPH provides preventative and post-operative care for orthopedic-related disorders, sports injuries, neurologically-related injuries, and rehabilitation for injured workers. In addition to owning and operating clinics, USPH manages physical therapy facilities for unaffiliated third parties and offers industrial injury prevention services to clients' employees.

As of February 2026, U.S. Physical Therapy, Inc. owns and/or manages 780 outpatient physical therapy clinics across 44 states. By March 2025, the company operated over 685 clinics in 42 states, growing to approximately 715 clinics in 42 states by Q1 2026. The company has a concentrated leadership presence in the Southeast and Midwest.

U.S. Physical Therapy, Inc. actively manages its brand reputation, particularly at the local clinic level. As of September 30, 2024, 573 of its subsidiary partnerships' clinics utilized a "Reputation Management" online digital platform, achieving a cumulative Reputation Score X™ of 794. The company also focuses on enhancing brand awareness through engagement activities with Doctor of Physical Therapy (DPT) program administrators and student bodies to attract talent. The strategic alliance with NYU Langone Health could positively impact its reputation.

U.S. Physical Therapy, Inc. has a significant institutional ownership base, with 227 institutional owners and shareholders holding a total of 15,127,122 shares as of April 2, 2026. Major institutional shareholders include BlackRock, Inc., Kayne Anderson Rudnick Investment Management Llc, and Vanguard Group Inc. Individual investors and clinician-owners also hold smaller percentages, and insiders hold 2.00% of the stock.