The Ensign Group, Inc. provides health care services in the post-acute care continuum and other ancillary businesses. The company operates in two segments, Skilled Services and Real Estate. The company offers skilled services, which include short and long-term nursing care services for patients with chronic conditions, prolonged illness, and the elderly; and physical, occupational, and speech therapies and other rehabilitative and healthcare services. It also provides standard services, such as room and board, special nutritional programs, social, recreational, entertainment, and other services. In addition, the company offers senior living, as well as mobile diagnostics services; leases real estate properties; and provides other ancillary services consisting of digital x-ray, ultrasound, electrocardiogram, laboratory, sub-acute, and patient transportation services to people in their homes or at long-term care facilities. As of April 4, 2022, it operated 252 healthcare facilities in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, South Carolina, Texas, Utah, Washington, and Wisconsin. The company was incorporated in 1999 and is based in San Juan Capistrano, California.
The Ensign Group Stock Performance
Shares of NASDAQ:ENSG traded up $1.44 during midday trading on Wednesday, reaching $86.75. 155,541 shares of the stock were exchanged, compared to its average volume of 231,327. The firm has a market cap of $4.80 billion, a price-to-earnings ratio of 24.16, a PEG ratio of 1.47 and a beta of 1.03. The Ensign Group has a twelve month low of $68.29 and a twelve month high of $94.25. The firm has a 50-day simple moving average of $77.25 and a two-hundred day simple moving average of $80.19. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.13.
The Ensign Group (NASDAQ:ENSG - Get Rating) last issued its quarterly earnings data on Monday, August 1st. The company reported $1.01 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.01. The business had revenue of $732.49 million for the quarter, compared to analysts' expectations of $729.44 million. The Ensign Group had a net margin of 7.27% and a return on equity of 19.51%. The business's revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the company earned $0.83 EPS. As a group, analysts anticipate that The Ensign Group will post 3.84 EPS for the current fiscal year.
The Ensign Group Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, July 29th. Investors of record on Thursday, June 30th were paid a $0.055 dividend. The ex-dividend date of this dividend was Wednesday, June 29th. This represents a $0.22 dividend on an annualized basis and a yield of 0.25%. The Ensign Group's dividend payout ratio is currently 6.13%.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the stock. Truist Financial raised their price target on shares of The Ensign Group from $85.00 to $95.00 in a research report on Wednesday, August 3rd. Royal Bank of Canada reduced their price target on shares of The Ensign Group from $101.00 to $95.00 and set an "outperform" rating for the company in a research report on Wednesday, August 3rd.
Insiders Place Their Bets
In other news, CFO Suzanne D. Snapper sold 5,883 shares of The Ensign Group stock in a transaction on Wednesday, August 3rd. The stock was sold at an average price of $85.16, for a total transaction of $500,996.28. Following the transaction, the chief financial officer now owns 208,810 shares in the company, valued at approximately $17,782,259.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 4.70% of the stock is currently owned by corporate insiders.