The Ensign Group, Inc. (ENSG)
Why Ensign Group (ENSG) is a Top Value Stock for the Long-Term
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Ensign Group (ENSG) is a Top-Ranked Growth Stock: Should You Buy?
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Why Is Ensign Group (ENSG) Up 1.7% Since Last Earnings Report?
Ensign Group (ENSG) reported earnings 30 days ago. What's next for the stock?
Compelling Reasons to Hold on to Ensign Group (ENSG) Stock
Ensign Group (ENSG) remains well-poised for growth on the back of a growing revenue base, an expanding healthcare portfolio and solid cash reserves.
The Ensign Group, Inc. (NASDAQ:ENSG) to Post Q2 2024 Earnings of $1.17 Per Share, Zacks Research Forecasts
The Ensign Group, Inc. (NASDAQ:ENSG – Free Report) – Zacks Research raised their Q2 2024 earnings estimates for shares of The Ensign Group in a research report issued to clients and investors on Wednesday, May 15th. Zacks Research analyst D. Chatterjee now expects that the company will post earnings of $1.17 per share for the quarter, up from their previous forecast of $1.16. The consensus estimate for The Ensign Group’s current full-year earnings is $4.98 per share. Zacks Research also issued estimates for The Ensign Group’s Q3 2024 earnings at $1.24 EPS, FY2024 earnings at $4.93 EPS, Q1 2025 earnings at $1.28 EPS, Q2 2025 earnings at $1.32 EPS and Q1 2026 earnings at $1.40 EPS. Several other equities analysts have also weighed in on the stock. Royal Bank of Canada boosted their target price on shares of The Ensign Group from $112.00 to $133.00 and gave the company an “outperform” rating in a report on Tuesday, February 6th. Oppenheimer boosted their target price on shares of The Ensign Group from $130.00 to $135.00 and gave the company an “outperform” rating in a report on Monday, May 6th. Finally, Stephens reiterated an “overweight” rating and issued a $135.00 target price on shares of The Ensign Group in a report on Tuesday, April 23rd. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $124.60. Get Our Latest Analysis on The Ensign Group The Ensign Group Stock Performance NASDAQ:ENSG opened at $119.79 on Monday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.53 and a quick ratio of 1.53. The firm has a market capitalization of $6.82 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 1.61 and a beta of 0.95. The company’s 50-day moving average is $120.07 and its two-hundred day moving average is $116.05. The Ensign Group has a 1-year low of $87.14 and a 1-year high of $127.57. The Ensign Group Cuts Dividend The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Sunday, March 31st were given a dividend of $0.06 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.24 annualized dividend and a dividend yield of 0.20%. The Ensign Group’s dividend payout ratio is currently 6.32%. Insider Activity In related news, Director Ann Scott Blouin sold 350 shares of the stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $116.47, for a total transaction of $40,764.50. Following the transaction, the director now owns 20,002 shares of the company’s stock, valued at approximately $2,329,632.94. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other news, VP Beverly B. Wittekind sold 10,000 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $121.65, for a total transaction of $1,216,500.00. Following the sale, the vice president now owns 37,912 shares of the company’s stock, valued at $4,611,994.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ann Scott Blouin sold 350 shares of the stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $116.47, for a total value of $40,764.50. Following the completion of the sale, the director now owns 20,002 shares in the company, valued at $2,329,632.94. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 16,813 shares of company stock valued at $2,024,703. 3.90% of the stock is currently owned by corporate insiders. Institutional Investors Weigh In On The Ensign Group Several large investors have recently bought and sold shares of ENSG. EntryPoint Capital LLC acquired a new position in shares of The Ensign Group during the first quarter worth about $34,000. Scarborough Advisors LLC purchased a new position in The Ensign Group in the fourth quarter worth approximately $35,000. LRI Investments LLC acquired a new position in The Ensign Group during the 1st quarter worth approximately $45,000. Natixis increased its position in shares of The Ensign Group by 39.6% in the 1st quarter. Natixis now owns 398 shares of the company’s stock valued at $50,000 after purchasing an additional 113 shares during the last quarter. Finally, YHB Investment Advisors Inc. acquired a new stake in shares of The Ensign Group in the 1st quarter valued at $50,000. Hedge funds and other institutional investors own 96.12% of the company’s stock. About The Ensign Group (Get Free Report) 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.
