The Ensign Group (NASDAQ:ENSG - Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect The Ensign Group to post earnings of $1.19 per share for the quarter. The Ensign Group has set its FY24 guidance at $5.29-$5.47 EPS and its FY 2024 guidance at 5.290-5.470 EPS.
The Ensign Group (NASDAQ:ENSG - Get Free Report) last announced its quarterly earnings data on Thursday, February 1st. The company reported $1.17 EPS for the quarter, meeting analysts' consensus estimates of $1.17. The Ensign Group had a return on equity of 17.84% and a net margin of 5.61%. The firm had revenue of $980.38 million during the quarter, compared to analysts' expectations of $975.13 million. On average, analysts expect The Ensign Group to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
The Ensign Group Stock Down 0.0 %
The Ensign Group stock traded down $0.04 during mid-day trading on Friday, reaching $117.25. The stock had a trading volume of 159,379 shares, compared to its average volume of 264,066. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.42 and a current ratio of 1.42. The Ensign Group has a fifty-two week low of $87.14 and a fifty-two week high of $127.57. The stock's 50-day simple moving average is $121.84 and its 200-day simple moving average is $113.51. The firm has a market capitalization of $6.67 billion, a PE ratio of 32.04, a price-to-earnings-growth ratio of 1.57 and a beta of 0.94.
The Ensign Group Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Sunday, March 31st will be paid a $0.06 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.24 dividend on an annualized basis and a yield of 0.20%. The Ensign Group's dividend payout ratio (DPR) is presently 6.56%.
Analyst Ratings Changes
Several research analysts recently issued reports on ENSG shares. Oppenheimer lifted their target price on The Ensign Group from $127.00 to $130.00 and gave the company an "outperform" rating in a research report on Friday, February 2nd. Stephens reaffirmed an "overweight" rating and set a $135.00 target price on shares of The Ensign Group in a research report on Tuesday. Finally, Royal Bank of Canada lifted their target price on The Ensign Group from $112.00 to $133.00 and gave the company an "outperform" rating in a research report on Tuesday, February 6th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $123.60.
Read Our Latest Stock Analysis on The Ensign Group
Insider Buying and Selling
In related news, VP Beverly B. Wittekind sold 10,000 shares of The Ensign Group stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $121.65, for a total transaction of $1,216,500.00. Following the sale, the vice president now directly owns 37,912 shares in the company, valued at $4,611,994.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, VP Beverly B. Wittekind sold 10,000 shares of The Ensign Group stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $121.65, for a total transaction of $1,216,500.00. Following the sale, the vice president now directly owns 37,912 shares in the company, valued at $4,611,994.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Daren Shaw sold 6,000 shares of The Ensign Group stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $119.67, for a total value of $718,020.00. Following the sale, the director now owns 31,375 shares in the company, valued at $3,754,646.25. The disclosure for this sale can be found here. Over the last three months, insiders have sold 89,245 shares of company stock worth $10,579,862. 3.90% of the stock is owned by company insiders.
About The Ensign Group
(
Get Free Report)
The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.
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