The Ensign Group, Inc. (NASDAQ:ENSG) Receives $172.67 Consensus PT from Analysts

The Ensign Group, Inc. (NASDAQ:ENSG) has been given an average rating of “Moderate Buy” by the seven brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $176.8333.

A number of equities analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research note on Wednesday, October 8th. Truist Financial set a $190.00 price target on The Ensign Group in a research note on Tuesday. UBS Group increased their price objective on shares of The Ensign Group from $195.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, September 2nd. Finally, Stephens boosted their target price on shares of The Ensign Group from $165.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, July 28th.

Insider Activity at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $172.06, for a total transaction of $120,442.00. Following the completion of the transaction, the director owned 27,052 shares in the company, valued at $4,654,567.12. This trade represents a 2.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 3.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On The Ensign Group

Institutional investors have recently added to or reduced their stakes in the company. Blue Trust Inc. increased its stake in The Ensign Group by 28.4% in the 3rd quarter. Blue Trust Inc. now owns 583 shares of the company’s stock worth $101,000 after acquiring an additional 129 shares during the last quarter. Sheets Smith Wealth Management increased its position in The Ensign Group by 1.5% in the third quarter. Sheets Smith Wealth Management now owns 5,940 shares of the company’s stock worth $1,026,000 after purchasing an additional 90 shares during the last quarter. CWM LLC raised its stake in The Ensign Group by 8.4% during the third quarter. CWM LLC now owns 732 shares of the company’s stock valued at $126,000 after purchasing an additional 57 shares in the last quarter. Pacer Advisors Inc. bought a new position in The Ensign Group during the third quarter valued at $1,656,000. Finally, Swedbank AB bought a new position in The Ensign Group during the third quarter valued at $5,183,000. Hedge funds and other institutional investors own 96.12% of the company’s stock.

The Ensign Group Price Performance

Shares of NASDAQ:ENSG opened at $179.47 on Friday. The company has a market capitalization of $10.36 billion, a P/E ratio of 32.57, a P/E/G ratio of 2.04 and a beta of 0.93. The Ensign Group has a 1-year low of $118.73 and a 1-year high of $180.30. The firm’s 50 day simple moving average is $170.58 and its two-hundred day simple moving average is $151.89. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.41 and a quick ratio of 1.41.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Thursday, July 24th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.54 by $0.05. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the firm earned $1.32 EPS. The company’s revenue was up 18.5% on a year-over-year basis. The Ensign Group has set its FY 2025 guidance at 6.340-6.460 EPS. Research analysts expect that The Ensign Group will post 5.59 EPS for the current fiscal year.

The Ensign Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th will be paid a $0.0625 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $0.25 annualized dividend and a yield of 0.1%. The Ensign Group’s payout ratio is presently 4.54%.

The Ensign Group Company Profile

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.