The Ensign Group, Inc. (NASDAQ:ENSG) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of The Ensign Group, Inc. (NASDAQ:ENSGGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $216.25.

ENSG has been the topic of a number of analyst reports. Wall Street Zen cut shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $228.00 target price on shares of The Ensign Group in a research note on Tuesday, July 28th. Truist Financial increased their price target on The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Finally, Weiss Ratings downgraded shares of The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 16th.

Get Our Latest Analysis on The Ensign Group

Insider Buying and Selling

In other news, Director John Agwunobi sold 392 shares of the company’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $171.06, for a total value of $67,055.52. Following the transaction, the director owned 9,503 shares of the company’s stock, valued at $1,625,583.18. This represents a 3.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is owned by corporate insiders.

Institutional Trading of The Ensign Group

Several institutional investors and hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System raised its stake in shares of The Ensign Group by 15,582.5% in the 2nd quarter. California State Teachers Retirement System now owns 10,563,449 shares of the company’s stock valued at $1,693,321,000 after acquiring an additional 10,496,091 shares during the period. BlackRock Inc. purchased a new stake in The Ensign Group in the second quarter valued at approximately $937,218,000. Norges Bank purchased a new stake in The Ensign Group in the fourth quarter valued at approximately $134,660,000. Turtle Creek Asset Management Inc. acquired a new position in The Ensign Group during the third quarter worth $78,840,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of The Ensign Group during the second quarter worth $65,470,000. 96.12% of the stock is currently owned by hedge funds and other institutional investors.

The Ensign Group Price Performance

Shares of NASDAQ ENSG opened at $171.76 on Thursday. The firm has a market cap of $10.01 billion, a P/E ratio of 26.92, a P/E/G ratio of 1.62 and a beta of 0.69. The business’s 50 day moving average price is $175.05 and its 200 day moving average price is $181.93. The Ensign Group has a 52 week low of $141.58 and a 52 week high of $218.00. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.06.

The Ensign Group (NASDAQ:ENSGGet Free Report) last announced its quarterly earnings results on Monday, July 27th. The company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.12. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.44 billion. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%.The firm’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period last year, the firm earned $1.59 EPS. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. On average, sell-side analysts expect that The Ensign Group will post 7.04 earnings per share for the current year.

The Ensign Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.065 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.26 annualized dividend and a yield of 0.2%. The Ensign Group’s dividend payout ratio (DPR) is 4.08%.

The Ensign Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for The Ensign Group (NASDAQ:ENSG)

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