The Ensign Group, Inc. (NASDAQ:ENSG) Given Consensus Recommendation of “Moderate Buy” by Brokerages

The Ensign Group, Inc. (NASDAQ:ENSG) has been assigned an average rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $216.25.

A number of analysts have weighed in on ENSG shares. Truist Financial raised their price objective on shares of The Ensign Group from $202.00 to $207.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Royal Bank Of Canada reiterated an “outperform” rating and set a $228.00 price target on shares of The Ensign Group in a research note on Tuesday, July 28th. Weiss Ratings cut shares of The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Finally, Wall Street Zen downgraded shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th.

The Ensign Group Trading Down 0.1%

ENSG opened at $181.65 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.21 and a current ratio of 1.21. The Ensign Group has a one year low of $141.58 and a one year high of $218.00. The company has a market cap of $10.59 billion, a P/E ratio of 28.47, a PEG ratio of 1.75 and a beta of 0.68. The business’s 50-day simple moving average is $168.19 and its 200-day simple moving average is $184.13.

The Ensign Group (NASDAQ:ENSG) last posted its earnings results on Monday, July 27th. The company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.12. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%.The firm’s revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.59 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. As a group, equities research analysts expect that The Ensign Group will post 6.93 EPS for the current fiscal year.

The Ensign Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were issued a $0.065 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Tuesday, June 30th. The Ensign Group’s payout ratio is presently 4.08%.

Insider Transactions at The Ensign Group

In related news, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $164.28, for a total transaction of $114,996.00. Following the transaction, the director owned 21,352 shares in the company, valued at $3,507,706.56. This trade represents a 3.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John O. Agwunobi sold 392 shares of The Ensign Group stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $171.06, for a total value of $67,055.52. Following the transaction, the director directly owned 9,503 shares in the company, valued at approximately $1,625,583.18. This trade represents a 3.96% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On The Ensign Group

A number of institutional investors have recently modified their holdings of the business. Parkside Financial Bank & Trust raised its position in The Ensign Group by 2.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,000 shares of the company’s stock valued at $348,000 after purchasing an additional 57 shares during the last quarter. Csenge Advisory Group increased its stake in The Ensign Group by 3.7% in the fourth quarter. Csenge Advisory Group now owns 1,642 shares of the company’s stock valued at $286,000 after purchasing an additional 58 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of The Ensign Group by 0.4% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,451 shares of the company’s stock valued at $2,912,000 after buying an additional 58 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of The Ensign Group by 55.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after buying an additional 61 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of The Ensign Group by 2.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,189 shares of the company’s stock worth $381,000 after buying an additional 62 shares during the period. 96.12% of the stock is owned by institutional investors and hedge funds.

The Ensign Group Company Profile

The Ensign Group, Inc is a diversified provider of post-acute healthcare services in the United States, operating a network of skilled nursing, assisted living, independent living, home health and hospice care centers. The company’s model emphasizes integrated care by employing multidisciplinary teams—including nursing staff, therapists and physicians—to deliver personalized rehabilitation and long-term care services for seniors and other patients recovering from injury, illness or surgery.

Through its owned and managed centers, The Ensign Group offers a broad spectrum of rehabilitation services such as physical, occupational and speech therapy.