The Ensign Group, Inc. Announces Quarterly Dividend of $0.04 (ENSG)
The Ensign Group, Inc. (NASDAQ:ENSG) announced a quarterly dividend on Tuesday, September 12th, NASDAQ reports. Shareholders of record on Saturday, September 30th will be given a dividend of 0.043 per share on Tuesday, October 31st. This represents a $0.17 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Thursday, September 28th.
The Ensign Group (NASDAQ ENSG) traded down 1.39% during mid-day trading on Wednesday, reaching $20.54. 68,356 shares of the company’s stock were exchanged. The company’s 50-day moving average is $20.63 and its 200 day moving average is $19.83. The firm has a market capitalization of $1.04 billion, a P/E ratio of 23.91 and a beta of 0.86. The Ensign Group has a one year low of $16.51 and a one year high of $23.35.
In other The Ensign Group news, VP Barry Port sold 10,000 shares of the stock in a transaction dated Monday, July 24th. The shares were sold at an average price of $23.00, for a total transaction of $230,000.00. Following the completion of the sale, the vice president now directly owns 135,642 shares of the company’s stock, valued at $3,119,766. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last three months, insiders have sold 12,076 shares of company stock valued at $274,998. Insiders own 6.20% of the company’s stock.
Several research firms have commented on ENSG. Zacks Investment Research raised shares of The Ensign Group from a “sell” rating to a “hold” rating in a research report on Thursday, May 25th. BidaskClub raised shares of The Ensign Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 17th. Finally, TheStreet raised shares of The Ensign Group from a “c+” rating to a “b” rating in a research report on Monday, August 7th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. The Ensign Group has an average rating of “Hold” and a consensus price target of $22.00.
The Ensign Group Company Profile
The Ensign Group, Inc, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin.
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