NEW YORK ( TheStreet) -- The ex-dividend date for NutriSystem (Nasdaq: NTRI) is tomorrow, May 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $10.95 as of 9:30 a.m. ET, the dividend yield is 6.5%. The average volume for NutriSystem has been 684,600 shares per day over the past 30 days. NutriSystem has a market cap of $307.7 million and is part of the services sector and diversified services industry. Shares are down 15.1% year to date as of the close of trading on Monday. Nutrisystem, Inc. provides weight management products and services in the United States. The company offers nutritionally balanced weight loss programs designed for women, men, and seniors. The company has a P/E ratio of 27.8, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates NutriSystem as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full NutriSystem Ratings Report. See our dividend calendar or top-yielding stocks list.