The Ensign Group (ENSG) Releases Earnings Results, Hits Estimates
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%.
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.
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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.
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