The Ensign Group (NASDAQ:ENSG) announced its quarterly earnings data on Tuesday. The company reported $0.40 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.40, Bloomberg Earnings reports. The business had revenue of $487.70 million for the quarter, compared to the consensus estimate of $457.91 million. The Ensign Group had a net margin of 2.65% and a return on equity of 13.15%. The Ensign Group’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the company posted $0.30 earnings per share.

Shares of The Ensign Group (ENSG) traded down $0.06 during trading on Thursday, hitting $23.57. 352,761 shares of the stock traded hands, compared to its average volume of 215,499. The firm has a market capitalization of $1,210.00, a P/E ratio of 25.90 and a beta of 0.82. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.53 and a current ratio of 1.53. The Ensign Group has a twelve month low of $16.50 and a twelve month high of $24.78.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Sunday, December 31st were paid a $0.045 dividend. This is an increase from The Ensign Group’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.18 annualized dividend and a dividend yield of 0.76%. The Ensign Group’s dividend payout ratio (DPR) is presently 19.78%.

Several equities research analysts have recently issued reports on the stock. Royal Bank of Canada raised their price objective on shares of The Ensign Group to $27.00 and gave the stock an “outperform” rating in a research note on Monday, November 20th. Cantor Fitzgerald raised their price objective on shares of The Ensign Group from $23.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, November 9th. BidaskClub downgraded shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Finally, ValuEngine downgraded shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $26.67.

In other The Ensign Group news, Director Antoinette T. Hubenette sold 18,330 shares of The Ensign Group stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $23.70, for a total transaction of $434,421.00. Following the sale, the director now owns 44,456 shares in the company, valued at $1,053,607.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Beverly B. Wittekind sold 5,000 shares of The Ensign Group stock in a transaction on Monday, December 11th. The stock was sold at an average price of $22.55, for a total transaction of $112,750.00. Following the sale, the vice president now owns 46,656 shares in the company, valued at approximately $1,052,092.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 69,318 shares of company stock worth $1,648,075. 6.20% of the stock is currently owned by corporate insiders.

WARNING: “The Ensign Group (ENSG) Releases Earnings Results, Hits Estimates” was reported by Daily Political and is the property of of Daily Political. If you are accessing this piece on another website, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece can be read at https://www.dailypolitical.com/2018/02/08/the-ensign-group-ensg-releases-earnings-results-hits-estimates.html.

The Ensign Group Company Profile

The Ensign Group, Inc, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin.

Earnings History for The Ensign Group (NASDAQ:ENSG)

Receive News & Ratings for The Ensign Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Ensign Group and related companies with MarketBeat.com's FREE daily email newsletter.