The Ensign Group, Inc. (NASDAQ:ENSG) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of The Ensign Group, Inc. (NASDAQ:ENSG - Get Free Report) have received a consensus rating of "Moderate Buy" from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $216.75.

Several research analysts have recently weighed in on the stock. Zacks Research lowered shares of The Ensign Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 6th. UBS Group set a $230.00 target price on shares of The Ensign Group and gave the company a "buy" rating in a research note on Friday, February 6th. Wall Street Zen upgraded The Ensign Group from a "hold" rating to a "buy" rating in a report on Saturday, February 7th. Weiss Ratings reissued a "buy (b)" rating on shares of The Ensign Group in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a $222.00 price objective (up from $206.00) on shares of The Ensign Group in a research note on Monday, February 9th.

The Ensign Group Trading Down 0.9%

NASDAQ ENSG opened at $174.30 on Friday. The company has a market cap of $10.19 billion, a PE ratio of 28.39, a PEG ratio of 1.73 and a beta of 0.73. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.06. The Ensign Group has a 12 month low of $134.68 and a 12 month high of $218.00. The stock has a 50 day moving average of $200.17 and a 200-day moving average of $189.33.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last issued its earnings results on Thursday, April 30th. The company reported $1.85 earnings per share for the quarter, topping analysts' consensus estimates of $1.79 by $0.06. The Ensign Group had a net margin of 6.89% and a return on equity of 16.78%. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the previous year, the company earned $1.52 earnings per share. The firm's revenue for the quarter was up 18.4% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. On average, equities research analysts anticipate that The Ensign Group will post 6.79 EPS for the current fiscal year.

The Ensign Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, March 31st were issued a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.1%. The Ensign Group's payout ratio is presently 4.23%.

Insiders Place Their Bets

In other The Ensign Group news, Director Barry M. Smith sold 700 shares of the firm's stock in a transaction on Monday, May 4th. The stock was sold at an average price of $182.21, for a total transaction of $127,547.00. Following the completion of the sale, the director owned 22,052 shares of the company's stock, valued at $4,018,094.92. This trade represents a 3.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Beverly B. Wittekind sold 500 shares of The Ensign Group stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $210.23, for a total transaction of $105,115.00. Following the transaction, the vice president directly owned 32,779 shares of the company's stock, valued at approximately $6,891,129.17. This trade represents a 1.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,342 shares of company stock worth $881,954 in the last quarter. Insiders own 4.00% of the company's stock.

Institutional Trading of The Ensign Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Private Trust Co. NA raised its holdings in The Ensign Group by 156.5% in the 4th quarter. Private Trust Co. NA now owns 159 shares of the company's stock valued at $28,000 after acquiring an additional 97 shares during the period. Cedar Mountain Advisors LLC bought a new stake in shares of The Ensign Group during the first quarter worth approximately $32,000. Monetary Solutions Ltd acquired a new position in shares of The Ensign Group in the fourth quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. grew its position in shares of The Ensign Group by 55.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company's stock valued at $30,000 after purchasing an additional 61 shares during the last quarter. Finally, Bayban bought a new position in shares of The Ensign Group during the fourth quarter worth approximately $31,000. Institutional investors own 96.12% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.