The Ensign Group, Inc. (NASDAQ:ENSG) Given Average Rating of “Buy” by Analysts

The Ensign Group, Inc. (NASDAQ:ENSGGet Free Report) has been assigned a consensus recommendation of “Buy” from the seven research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $204.60.

A number of research analysts recently issued reports on the stock. Truist Financial set a $215.00 price target on shares of The Ensign Group and gave the company a “hold” rating in a research report on Friday, February 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. Royal Bank Of Canada reiterated an “outperform” rating and set a $222.00 target price (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. Weiss Ratings reissued a “buy (b)” rating on shares of The Ensign Group in a research report on Thursday, January 22nd. Finally, Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th.

Get Our Latest Report on The Ensign Group

Insider Transactions at The Ensign Group

In other news, CFO Suzanne D. Snapper sold 4,573 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $196.11, for a total transaction of $896,811.03. Following the completion of the transaction, the chief financial officer directly owned 272,889 shares in the company, valued at $53,516,261.79. This trade represents a 1.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Barry M. Smith sold 700 shares of The Ensign Group stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $213.02, for a total value of $149,114.00. Following the completion of the transaction, the director directly owned 22,852 shares of the company’s stock, valued at approximately $4,867,933.04. This represents a 2.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 19,073 shares of company stock valued at $3,693,390. 3.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Rockefeller Capital Management L.P. increased its position in shares of The Ensign Group by 40.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the company’s stock valued at $429,000 after acquiring an additional 705 shares in the last quarter. World Investment Advisors lifted its position in The Ensign Group by 16.7% in the 4th quarter. World Investment Advisors now owns 1,667 shares of the company’s stock valued at $290,000 after acquiring an additional 238 shares in the last quarter. Hsbc Holdings PLC boosted its stake in The Ensign Group by 515.5% during the 4th quarter. Hsbc Holdings PLC now owns 16,446 shares of the company’s stock valued at $2,873,000 after purchasing an additional 13,774 shares during the last quarter. Bayban purchased a new stake in The Ensign Group during the 4th quarter valued at $31,000. Finally, Caitong International Asset Management Co. Ltd increased its holdings in shares of The Ensign Group by 702.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 859 shares of the company’s stock worth $150,000 after purchasing an additional 752 shares in the last quarter. Institutional investors own 96.12% of the company’s stock.

The Ensign Group Price Performance

ENSG opened at $204.96 on Thursday. The stock has a fifty day simple moving average of $196.01 and a two-hundred day simple moving average of $183.73. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.06. The company has a market cap of $11.87 billion, a price-to-earnings ratio of 35.10, a price-to-earnings-growth ratio of 2.06 and a beta of 0.83. The Ensign Group has a 12-month low of $118.73 and a 12-month high of $218.00.

The Ensign Group (NASDAQ:ENSGGet Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.75 by $0.07. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.37 billion. The Ensign Group had a return on equity of 16.76% and a net margin of 6.80%.The company’s revenue for the quarter was up 20.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.49 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. Research analysts predict that The Ensign Group will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, January 31st. Shareholders of record on Wednesday, December 31st were issued a $0.065 dividend. This represents a $0.26 annualized dividend and a yield of 0.1%. This is a positive change from The Ensign Group’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Wednesday, December 31st. The Ensign Group’s dividend payout ratio is presently 4.45%.

The Ensign Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for The Ensign Group (NASDAQ:ENSG)

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