Insperity missed Q3 earnings, lowered 2025 guidance, and saw stock rise despite loss and high payout ratio.

Insperity reported a Q3 2025 loss of $0.63 per share, missing estimates by $0.85, with revenue of $1.62 billion, a 4% year-over-year increase. The company lowered its full-year 2025 EPS guidance to $0.840–$1.470 and projected a Q4 loss of $0.790 to a gain of $0.160. Adjusted EBITDA fell short at $10 million, far below the $28.56 million expected. The stock rose $1.27 to $45.39 despite the earnings miss, with volume tripled. The firm pays a $0.60 quarterly dividend, yielding 5.3%, though its payout ratio is 226.42%. Analysts rate the stock a “Reduce” with a $58.33 target.