The Ensign Group (NASDAQ:ENSG) Director Sells $149,114.00 in Stock

The Ensign Group, Inc. (NASDAQ:ENSG) Director Barry Smith sold 700 shares of The Ensign Group stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $213.02, for a total value of $149,114.00. Following the sale, the director owned 22,852 shares of the company’s stock, valued at approximately $4,867,933.04. This represents a 2.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

The Ensign Group Stock Up 0.8%

ENSG stock traded up $1.66 during trading hours on Monday, hitting $215.83. The company’s stock had a trading volume of 289,028 shares, compared to its average volume of 400,898. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.06. The Ensign Group, Inc. has a 12 month low of $118.73 and a 12 month high of $218.00. The stock has a 50 day moving average price of $187.39 and a two-hundred day moving average price of $180.11. The company has a market capitalization of $12.50 billion, a PE ratio of 36.96, a price-to-earnings-growth ratio of 2.10 and a beta of 0.83.

The Ensign Group (NASDAQ:ENSG) last posted its earnings results on Wednesday, February 4th. The company reported $1.82 EPS for the quarter, topping the consensus estimate of $1.75 by $0.07. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.37 billion. The Ensign Group had a net margin of 6.80% and a return on equity of 16.76%. The business’s quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.49 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. On average, equities research analysts expect that The Ensign Group, Inc. will post 5.59 earnings per share for the current year.

The Ensign Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Saturday, January 31st. Investors of record on Wednesday, December 31st were issued a dividend of $0.065 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. This is an increase from The Ensign Group’s previous quarterly dividend of $0.06. The Ensign Group’s payout ratio is currently 4.45%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ENSG shares. Stephens raised their price objective on shares of The Ensign Group from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 5th. Truist Financial set a $215.00 price objective on The Ensign Group and gave the stock a “hold” rating in a research note on Friday, February 6th. Wall Street Zen upgraded shares of The Ensign Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Zacks Research raised The Ensign Group from a “hold” rating to a “strong-buy” rating in a report on Thursday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $222.00 price objective (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $204.60.

Hedge Funds Weigh In On The Ensign Group

Institutional investors and hedge funds have recently made changes to their positions in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of The Ensign Group by 9.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,946 shares of the company’s stock valued at $20,956,000 after purchasing an additional 14,590 shares during the period. Geneos Wealth Management Inc. increased its stake in The Ensign Group by 150.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 383 shares of the company’s stock valued at $50,000 after buying an additional 230 shares during the last quarter. CWM LLC raised its holdings in The Ensign Group by 15.4% during the second quarter. CWM LLC now owns 675 shares of the company’s stock worth $104,000 after acquiring an additional 90 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of The Ensign Group by 1,128.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 258 shares of the company’s stock worth $40,000 after purchasing an additional 237 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in shares of The Ensign Group by 296.2% in the 2nd quarter. Assetmark Inc. now owns 412 shares of the company’s stock valued at $64,000 after buying an additional 308 shares during the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

The Ensign Group Company Profile

The Ensign Group, Inc is a diversified provider of post-acute healthcare services in the United States, operating a network of skilled nursing, assisted living, independent living, home health and hospice care centers. The company’s model emphasizes integrated care by employing multidisciplinary teams—including nursing staff, therapists and physicians—to deliver personalized rehabilitation and long-term care services for seniors and other patients recovering from injury, illness or surgery.

Through its owned and managed centers, The Ensign Group offers a broad spectrum of rehabilitation services such as physical, occupational and speech therapy.