The Ensign Group, Inc. (NASDAQ:ENSG) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of The Ensign Group, Inc. (NASDAQ:ENSGGet Free Report) have been assigned an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $216.25.

ENSG has been the subject of a number of research analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $228.00 price objective on shares of The Ensign Group in a report on Tuesday, July 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of The Ensign Group in a research note on Friday, September 11th. Truist Financial lifted their price target on shares of The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Finally, Wall Street Zen cut The Ensign Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th.

Get Our Latest Analysis on The Ensign Group

Insider Activity at The Ensign Group

In other The Ensign Group news, Director John Agwunobi sold 392 shares of the business’s stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $171.06, for a total value of $67,055.52. Following the completion of the transaction, the director owned 9,503 shares of the company’s stock, valued at approximately $1,625,583.18. The trade was a 3.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ENSG. BlackRock Inc. bought a new position in The Ensign Group during the 2nd quarter valued at about $937,218,000. Wasatch Advisors LP lifted its stake in The Ensign Group by 10.7% in the second quarter. Wasatch Advisors LP now owns 2,278,324 shares of the company’s stock worth $365,215,000 after acquiring an additional 220,329 shares during the period. Geode Capital Management LLC boosted its stake in shares of The Ensign Group by 3.4% during the fourth quarter. Geode Capital Management LLC now owns 1,498,673 shares of the company’s stock valued at $261,107,000 after purchasing an additional 49,117 shares in the last quarter. Norges Bank bought a new stake in The Ensign Group during the 4th quarter valued at $134,660,000. Finally, Franklin Resources Inc. boosted its position in The Ensign Group by 20.6% during the fourth quarter. Franklin Resources Inc. now owns 630,380 shares of the company’s stock valued at $109,812,000 after purchasing an additional 107,689 shares in the last quarter. Hedge funds and other institutional investors own 96.12% of the company’s stock.

The Ensign Group Stock Performance

Shares of ENSG stock opened at $177.85 on Thursday. The stock has a market capitalization of $10.37 billion, a P/E ratio of 27.88, a PEG ratio of 1.64 and a beta of 0.69. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.06. The firm’s 50 day moving average is $175.61 and its 200 day moving average is $180.58. The Ensign Group has a 12 month low of $141.58 and a 12 month high of $218.00.

The Ensign Group (NASDAQ:ENSGGet Free Report) last released its quarterly earnings data on Monday, July 27th. The company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.12. The Ensign Group had a net margin of 6.90% and a return on equity of 16.75%. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same period in the previous year, the business earned $1.59 EPS. The Ensign Group’s revenue was up 16.7% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. On average, sell-side analysts anticipate that The Ensign Group will post 7.04 earnings per share for the current year.

The Ensign Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were paid a $0.065 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The Ensign Group’s payout ratio is presently 4.08%.

About The Ensign Group

(Get Free Report)

The Ensign Group, Inc (NASDAQ: ENSG) is a healthcare services company that provides post-acute and senior care through a network of independently operated subsidiaries. Its businesses primarily focus on skilled nursing, rehabilitation and transitional care for patients recovering from illness, injury or surgery, as well as long-term care for seniors and individuals with complex medical needs.

The company also operates or supports assisted living, independent living, memory care, home health and hospice services in selected markets.

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Analyst Recommendations for The Ensign Group (NASDAQ:ENSG)

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