The Ensign Group (NASDAQ:ENSG) Director John Agwunobi Sells 392 Shares of Stock

The Ensign Group, Inc. (NASDAQ:ENSG) Director John Agwunobi sold 392 shares of the firm’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $199.97, for a total transaction of $78,388.24. Following the transaction, the director directly owned 9,295 shares of the company’s stock, valued at approximately $1,858,721.15. This trade represents a 4.05% decrease in their position. The sale was disclosed in a legal 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.

The Ensign Group Trading Down 2.9%

Shares of The Ensign Group stock opened at $186.22 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.42. The firm has a fifty day moving average price of $205.16 and a 200 day moving average price of $188.84. The Ensign Group, Inc. has a 1 year low of $122.86 and a 1 year high of $218.00. The stock has a market cap of $10.79 billion, a PE ratio of 31.89, a price-to-earnings-growth ratio of 1.88 and a beta of 0.81.

The Ensign Group (NASDAQ:ENSG) last issued its earnings results on Wednesday, February 4th. The company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.07. The Ensign Group had a net margin of 6.80% and a return on equity of 16.76%. The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.37 billion. During the same quarter last year, the company posted $1.49 earnings per share. The firm’s revenue was up 20.2% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. Equities research analysts predict that The Ensign Group, Inc. will post 6.79 earnings per share for the current year.

The Ensign Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Tuesday, March 31st. The Ensign Group’s dividend payout ratio (DPR) is 4.45%.

Institutional Investors Weigh In On The Ensign Group

Several hedge funds have recently modified their holdings of ENSG. Private Trust Co. NA boosted its stake in shares of The Ensign Group by 156.5% during the 4th quarter. Private Trust Co. NA now owns 159 shares of the company’s stock worth $28,000 after acquiring an additional 97 shares in the last quarter. Monetary Solutions Ltd purchased a new stake in shares of The Ensign Group during the 4th quarter worth about $30,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of The Ensign Group by 55.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after acquiring an additional 61 shares in the last quarter. Bayban purchased a new stake in shares of The Ensign Group during the 4th quarter worth about $31,000. Finally, Harbor Investment Advisory LLC boosted its stake in shares of The Ensign Group by 125.6% during the 4th quarter. Harbor Investment Advisory LLC now owns 194 shares of the company’s stock worth $34,000 after acquiring an additional 108 shares in the last quarter. 96.12% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have issued reports on ENSG shares. Royal Bank Of Canada reissued an “outperform” rating and issued a $222.00 price target (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. Weiss Ratings reissued a “buy (b)” rating on shares of The Ensign Group in a report on Tuesday. Zacks Research downgraded The Ensign Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Truist Financial set a $215.00 price target on The Ensign Group and gave the company a “hold” rating in a report on Friday, February 6th. Finally, UBS Group set a $230.00 price target on The Ensign Group and gave the company a “buy” rating in a report on Friday, February 6th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $204.60.

About The Ensign Group

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.