The Ensign Group (NASDAQ:ENSG) Announces Earnings Results, Beats Expectations By $0.02 EPS

The Ensign Group (NASDAQ:ENSG - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $1.52 EPS for the quarter, topping analysts' consensus estimates of $1.50 by $0.02, Briefing.com reports. The Ensign Group had a return on equity of 17.07% and a net margin of 6.99%. The business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.17 billion. During the same quarter in the prior year, the business posted $1.30 earnings per share. The business's quarterly revenue was up 16.1% on a year-over-year basis. The Ensign Group updated its FY 2025 guidance to 6.220-6.380 EPS.

The Ensign Group Price Performance

Shares of ENSG stock traded up $3.80 during trading hours on Friday, hitting $131.91. The stock had a trading volume of 189,658 shares, compared to its average volume of 430,142. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.56 and a quick ratio of 1.56. The stock has a market capitalization of $7.60 billion, a price-to-earnings ratio of 25.84, a PEG ratio of 1.52 and a beta of 0.91. The Ensign Group has a one year low of $113.27 and a one year high of $158.45. The stock's 50-day moving average price is $128.49 and its two-hundred day moving average price is $136.43.

The Ensign Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st were given a dividend of $0.0625 per share. The ex-dividend date was Monday, March 31st. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.19%. The Ensign Group's payout ratio is 4.73%.

Insider Activity at The Ensign Group

In related news, Chairman Christopher R. Christensen sold 39,086 shares of the company's stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $148.52, for a total transaction of $5,805,052.72. Following the sale, the chairman now owns 12,539 shares of the company's stock, valued at $1,862,292.28. This represents a 75.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Barry M. Smith sold 700 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $138.48, for a total transaction of $96,936.00. Following the transaction, the director now owns 30,752 shares of the company's stock, valued at $4,258,536.96. This trade represents a 2.23 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 42,486 shares of company stock valued at $6,251,714. Insiders own 3.90% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Truist Financial lowered their price target on shares of The Ensign Group from $170.00 to $155.00 and set a "hold" rating on the stock in a report on Monday, January 6th. Macquarie cut their price target on The Ensign Group from $159.00 to $156.00 and set an "outperform" rating for the company in a research note on Friday. Finally, Stephens restated an "overweight" rating and issued a $155.00 price objective on shares of The Ensign Group in a research report on Thursday, February 6th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $163.50.

About The Ensign Group

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.