The Ensign Group (NASDAQ:ENSG) Director John Agwunobi Sells 246 Shares

The Ensign Group, Inc. (NASDAQ:ENSG) Director John Agwunobi sold 246 shares of the stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $188.87, for a total transaction of $46,462.02. Following the completion of the transaction, the director owned 8,879 shares of the company’s stock, valued at approximately $1,676,976.73. The trade was a 2.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

The Ensign Group Stock Down 1.6%

NASDAQ:ENSG traded down $2.94 during mid-day trading on Friday, hitting $179.97. 698,955 shares of the company’s stock were exchanged, compared to its average volume of 423,577. The company has a market cap of $10.38 billion, a PE ratio of 32.66, a P/E/G ratio of 2.10 and a beta of 0.94. 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, Inc. has a one year low of $118.73 and a one year high of $193.99. The business has a fifty day moving average price of $175.61 and a 200 day moving average price of $157.86.

The Ensign Group (NASDAQ:ENSG) last released its earnings results on Monday, November 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.05. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.28 billion. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The business’s revenue was up 19.8% on a year-over-year basis. During the same period last year, the business earned $1.39 earnings per share. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. Equities analysts predict that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.0625 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio (DPR) is presently 4.47%.

Analyst Ratings Changes

Several research firms have recently issued reports on ENSG. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research report on Wednesday, October 8th. UBS Group reaffirmed a “buy” rating and issued a $220.00 target price (up from $205.00) on shares of The Ensign Group in a report on Wednesday. Truist Financial set a $190.00 target price on shares of The Ensign Group in a research note on Tuesday, October 14th. Finally, Stephens raised their price target on shares of The Ensign Group from $185.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, The Ensign Group has a consensus rating of “Moderate Buy” and an average price target of $191.50.

Hedge Funds Weigh In On The Ensign Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Wasatch Advisors LP increased its position in The Ensign Group by 6.0% during the second quarter. Wasatch Advisors LP now owns 3,558,675 shares of the company’s stock valued at $548,961,000 after acquiring an additional 199,983 shares during the last quarter. Baillie Gifford & Co. increased its position in shares of The Ensign Group by 96.2% during the 3rd quarter. Baillie Gifford & Co. now owns 2,818,609 shares of the company’s stock valued at $486,971,000 after purchasing an additional 1,382,035 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of The Ensign Group by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 1,437,285 shares of the company’s stock worth $221,741,000 after purchasing an additional 20,229 shares during the period. Northern Trust Corp lifted its stake in shares of The Ensign Group by 0.4% in the 1st quarter. Northern Trust Corp now owns 941,274 shares of the company’s stock worth $121,801,000 after purchasing an additional 3,344 shares during the period. Finally, Van Berkom & Associates Inc. boosted its holdings in shares of The Ensign Group by 14.1% in the first quarter. Van Berkom & Associates Inc. now owns 800,108 shares of the company’s stock worth $103,534,000 after buying an additional 99,147 shares during the last quarter. 96.12% of the stock is owned by institutional investors.

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.