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

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

The Ensign Group Stock Up 3.3 %

NASDAQ ENSG traded up $4.21 on Friday, hitting $132.32. The stock had a trading volume of 493,804 shares, compared to its average volume of 430,768. The business's fifty day moving average price is $128.42 and its 200 day moving average price is $136.13. The stock has a market cap of $7.63 billion, a price-to-earnings ratio of 25.89, a price-to-earnings-growth ratio of 1.52 and a beta of 0.91. 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 Ensign Group has a 52-week low of $115.38 and a 52-week high of $158.45.

The Ensign Group Dividend Announcement

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

Insider Activity

In other news, Chairman Christopher R. Christensen sold 39,086 shares of the company's stock in a transaction dated 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 transaction, the chairman now owns 12,539 shares in the company, valued at $1,862,292.28. This represents a 75.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $138.48, for a total transaction of $96,936.00. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 42,486 shares of company stock worth $6,251,714. Insiders own 3.90% of the company's stock.

Analyst Ratings Changes

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