The Ensign Group (ENSG) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Ensign Group in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ENSG shares.
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4 equities research analysts have issued twelve-month target prices for The Ensign Group's stock. Their ENSG share price forecasts range from $110.00 to $115.00. On average, they anticipate the company's share price to reach $112.25 in the next year. This suggests a possible upside of 20.1% from the stock's current price.
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The Ensign Group's stock was trading at $94.61 at the start of the year. Since then, ENSG shares have decreased by 1.2% and is now trading at $93.43.
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The Ensign Group saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 3,490,000 shares, an increase of 8.0% from the August 15th total of 3,230,000 shares. Based on an average daily volume of 270,000 shares, the days-to-cover ratio is presently 12.9 days. Currently, 6.5% of the company's shares are sold short.
View The Ensign Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our ENSG earnings forecast.

The Ensign Group, Inc. (NASDAQ:ENSG) issued its earnings results on Thursday, July, 27th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $1.05 by $0.03. The business had revenue of $921.35 million for the quarter, compared to analyst estimates of $909.96 million. The Ensign Group had a net margin of 7.10% and a trailing twelve-month return on equity of 18.62%.

The Ensign Group announced a quarterly dividend on Friday, September 15th. Stockholders of record on Saturday, September 30th will be paid a dividend of $0.058 per share on Tuesday, October 31st. This represents a $0.23 annualized dividend and a yield of 0.25%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for ENSG.

ETFs with the largest weight of The Ensign Group (NASDAQ:ENSG) stock in their portfolio include Invesco S&P SmallCap Health Care ETF (PSCH), Invesco Dorsey Wright Healthcare Momentum ETF (PTH), Opus Small Cap Value Plus ETF (OSCV), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), SPDR S&P Health Care Services ETF (XHS), Invesco S&P SmallCap Momentum ETF (XSMO), SRH U.S. Quality ETF (SRHQ) and First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL).

The Ensign Group (NASDAQ:ENSG) pays an annual dividend of $0.23 per share and currently has a dividend yield of 0.25%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 5.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ENSG will have a dividend payout ratio of 4.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ENSG.

The Ensign Group shares split on the morning of Thursday, December 24th 2015. The 2-1 split was announced on Wednesday, December 9th 2015. The newly minted shares were distributed to shareholders after the market closes on Wednesday, December 23rd 2015. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

The Ensign Group issued an update on its FY 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $4.70-$4.78 for the period, compared to the consensus EPS estimate of $4.71. The company issued revenue guidance of $3.69 billion-$3.73 billion, compared to the consensus revenue estimate of $3.71 billion.

17 employees have rated The Ensign Group Chief Executive Officer Christopher R. Christensen on Glassdoor.com. Christopher R. Christensen has an approval rating of 67% among the company's employees. 24.0% of employees surveyed would recommend working at The Ensign Group to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other The Ensign Group investors own include Alibaba Group (BABA), Innovative Industrial Properties (IIPR), Gilead Sciences (GILD), Vertex Pharmaceuticals (VRTX), Cisco Systems (CSCO), Micron Technology (MU), Pfizer (PFE), AbbVie (ABBV), QUALCOMM (QCOM) and Applied Materials (AMAT).

The Ensign Group trades on the NASDAQ under the ticker symbol "ENSG."

The Ensign Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (17.00%), Wasatch Advisors LP (8.42%), State Street Corp (3.43%), Capital Research Global Investors (3.26%), Riverbridge Partners LLC (2.56%) and Dimensional Fund Advisors LP (2.31%). Insiders that own company stock include Ann Scott Blouin, Barry Port, Beverly B Wittekind, Chad Keetch, Christopher R Christensen, Daren Shaw, Lee A Daniels, Spencer Burton and Suzanne D Snapper.
View institutional ownership trends.

Shares of ENSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ENSG stock can currently be purchased for approximately $93.43.

The Ensign Group (NASDAQ:ENSG) has a market capitalization of $5.25 billion and generates $3.03 billion in revenue each year. The company earns $224.68 million in net income (profit) each year or $4.22 on an earnings per share basis.

The company employs 29,900 workers across the globe.

The Ensign Group's mailing address is 29222 RANCHO VIEJO RD. SUITE 127, SAN JUAN CAPISTRANO CA, 92675. The official website for the company is www.ensigngroup.net. The company can be reached via phone at (949) 487-9500, via email at ir@ensigngroup.net, or via fax at 949-540-3007.