The Ensign Group (NASDAQ:ENSG) Director Sells $17,962.00 in Stock

The Ensign Group, Inc. (NASDAQ:ENSG) Director Mark Parkinson sold 100 shares of the company’s stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $179.62, for a total value of $17,962.00. Following the sale, the director directly owned 4,400 shares in the company, valued at approximately $790,328. This represents a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

The Ensign Group Stock Performance

ENSG traded down $3.58 during trading hours on Monday, hitting $173.05. 277,384 shares of the stock were exchanged, compared to its average volume of 507,133. The stock has a 50-day simple moving average of $175.42 and a 200-day simple moving average of $175.42. The Ensign Group, Inc. has a 12 month low of $141.58 and a 12 month high of $218.00. The stock has a market cap of $10.09 billion, a price-to-earnings ratio of 27.12, a price-to-earnings-growth ratio of 1.67 and a beta of 0.66. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.21.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings data on Monday, July 27th. The company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.12. The Ensign Group had a net margin of 6.90% and a return on equity of 16.75%. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the company posted $1.59 earnings per share. The firm’s revenue was up 16.7% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. Analysts anticipate that The Ensign Group, Inc. will post 7.04 earnings per share for the current year.

The Ensign Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Wednesday, September 30th will be given a $0.0650 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Wednesday, September 30th. The Ensign Group’s dividend payout ratio (DPR) is presently 4.08%.

Hedge Funds Weigh In On The Ensign Group

Several hedge funds and other institutional investors have recently modified their holdings of ENSG. IFP Advisors Inc increased its holdings in shares of The Ensign Group by 439.3% in the 3rd quarter. IFP Advisors Inc now owns 329 shares of the company’s stock worth $57,000 after acquiring an additional 268 shares during the period. USA Financial Formulas bought a new stake in The Ensign Group in the 3rd quarter valued at about $38,000. Pension & Wealth Management Advisors Inc. acquired a new position in The Ensign Group during the 3rd quarter valued at about $86,000. Davidson Capital Management Inc. boosted its stake in The Ensign Group by 3.4% during the 3rd quarter. Davidson Capital Management Inc. now owns 31,496 shares of the company’s stock valued at $5,417,000 after purchasing an additional 1,037 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH grew its position in The Ensign Group by 40.2% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 195,540 shares of the company’s stock worth $33,633,000 after purchasing an additional 56,023 shares during the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on ENSG. Weiss Ratings raised shares of The Ensign Group from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Wall Street Zen lowered shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday. Royal Bank Of Canada reissued an “outperform” rating and issued a $228.00 target price on shares of The Ensign Group in a report on Tuesday, July 28th. Finally, Truist Financial raised their target price on shares of The Ensign Group from $202.00 to $207.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $216.25.

About The Ensign Group

The Ensign Group, Inc is a healthcare services company that provides skilled nursing, post-acute care and rehabilitation services. Its facilities serve patients recovering from illness, injury or surgery, as well as individuals requiring long-term nursing care and support with daily living.

Through its operating subsidiaries, Ensign also provides assisted living and other senior care services. Its portfolio includes skilled nursing facilities, senior living communities and related healthcare operations, with services such as physical, occupational and speech therapy, medically complex care and rehabilitation.

Founded in 1999 and headquartered in San Juan Capistrano, California, The Ensign Group operates healthcare facilities across multiple U.S.