The Ensign Group, Inc. (NASDAQ:ENSG) Stock Has Average Price Target of $216.25

The Ensign Group, Inc. (NASDAQ:ENSG) has earned a consensus rating of “Moderate Buy” from the six brokerages that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $216.25.

Several brokerages have weighed in on ENSG. Truist Financial increased their target price on The Ensign Group from $202.00 to $207.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Wall Street Zen raised shares of The Ensign Group from a “hold” rating to a “buy” rating in a report on Saturday, October 3rd. Royal Bank Of Canada restated an “outperform” rating and set a $228.00 price target on shares of The Ensign Group in a research report on Tuesday, July 28th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of The Ensign Group in a report on Friday, September 11th.

Insider Activity

In related news, Director John Agwunobi sold 392 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $171.06, for a total transaction of $67,055.52. Following the transaction, the director owned 9,503 shares in the company, valued at $1,625,583.18. This trade represents a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On The Ensign Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC bought a new stake in shares of The Ensign Group in the 2nd quarter worth $26,000. Monetary Solutions Ltd bought a new position in The Ensign Group during the fourth quarter valued at about $30,000. Bayban bought a new position in The Ensign Group during the fourth quarter valued at about $31,000. Caitlin John LLC acquired a new position in The Ensign Group during the second quarter worth about $31,000. Finally, Cedar Mountain Advisors LLC acquired a new position in The Ensign Group during the first quarter worth about $32,000. 96.12% of the stock is owned by institutional investors.

The Ensign Group Stock Down 1.7%

Shares of NASDAQ ENSG opened at $169.22 on Monday. 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 1 year low of $141.58 and a 1 year high of $218.00. The stock’s 50-day simple moving average is $176.08 and its 200-day simple moving average is $176.76. The firm has a market cap of $9.86 billion, a price-to-earnings ratio of 26.52, a PEG ratio of 1.63 and a beta of 0.66.

The Ensign Group (NASDAQ:ENSG) last posted its quarterly earnings results on Monday, July 27th. The company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.12. The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.44 billion. The Ensign Group had a net margin of 6.90% and a return on equity of 16.75%. The firm’s quarterly revenue was up 16.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.59 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. As a group, equities analysts anticipate that The Ensign Group will post 7.04 earnings per share for the current fiscal year.

The Ensign Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Wednesday, September 30th will be issued a $0.0650 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.26 annualized dividend and a yield of 0.2%. The Ensign Group’s dividend payout ratio is presently 4.08%.

The Ensign Group Company Profile

The Ensign Group, Inc (NASDAQ: ENSG) is a healthcare services company that operates through a network of skilled nursing, rehabilitation and senior living facilities. Its centers provide post-acute care, including nursing services, physical, occupational and speech therapy, short-term rehabilitation, and long-term residential care for older adults and patients recovering from illness, injury or surgery.

The company also provides home health and hospice services, as well as a range of ancillary services supporting post-acute care.