Analysts forecast that The Ensign Group, Inc. (NASDAQ:ENSG) will report $0.54 earnings per share (EPS) for the current quarter, Zacks reports. Two analysts have issued estimates for The Ensign Group’s earnings, with the lowest EPS estimate coming in at $0.53 and the highest estimate coming in at $0.55. The Ensign Group posted earnings of $0.45 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 20%. The business is scheduled to issue its next quarterly earnings report on Wednesday, May 1st.

On average, analysts expect that The Ensign Group will report full year earnings of $2.20 per share for the current year, with EPS estimates ranging from $2.18 to $2.23. For the next fiscal year, analysts forecast that the firm will post earnings of $2.47 per share, with EPS estimates ranging from $2.41 to $2.52. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that cover The Ensign Group.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings data on Wednesday, February 6th. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.05. The business had revenue of $544.85 million during the quarter, compared to the consensus estimate of $523.15 million. The Ensign Group had a return on equity of 17.19% and a net margin of 4.51%. The firm’s revenue was up 11.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.40 earnings per share.

ENSG has been the subject of a number of analyst reports. BidaskClub upgraded shares of The Ensign Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, February 20th. Zacks Investment Research downgraded shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, ValuEngine downgraded shares of The Ensign Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, April 3rd. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The Ensign Group presently has a consensus rating of “Buy” and a consensus target price of $40.71.

NASDAQ ENSG traded up $0.27 on Wednesday, reaching $51.48. The company had a trading volume of 5,249 shares, compared to its average volume of 311,659. The company has a market capitalization of $2.76 billion, a PE ratio of 28.69, a P/E/G ratio of 1.70 and a beta of 0.98. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.39. The Ensign Group has a 52 week low of $26.76 and a 52 week high of $54.56.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Sunday, March 31st will be paid a dividend of $0.0475 per share. This represents a $0.19 annualized dividend and a dividend yield of 0.37%. The ex-dividend date of this dividend is Thursday, March 28th. This is a boost from The Ensign Group’s previous quarterly dividend of $0.05. The Ensign Group’s dividend payout ratio (DPR) is currently 10.61%.

In other The Ensign Group news, CFO Suzanne D. Snapper sold 9,296 shares of The Ensign Group stock in a transaction on Thursday, January 10th. The shares were sold at an average price of $41.54, for a total value of $386,155.84. Following the sale, the chief financial officer now directly owns 201,141 shares in the company, valued at approximately $8,355,397.14. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Suzanne D. Snapper sold 19,191 shares of The Ensign Group stock in a transaction on Friday, February 8th. The shares were sold at an average price of $47.58, for a total transaction of $913,107.78. Following the completion of the sale, the chief financial officer now owns 228,505 shares in the company, valued at $10,872,267.90. The disclosure for this sale can be found here. 6.00% of the stock is owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue boosted its position in The Ensign Group by 1.5% in the 1st quarter. State of Alaska Department of Revenue now owns 16,697 shares of the company’s stock valued at $854,000 after buying an additional 250 shares during the period. Hennessy Advisors Inc. acquired a new position in The Ensign Group during the 1st quarter valued at approximately $3,783,000. Tibra Equities Europe Ltd acquired a new position in The Ensign Group during the 1st quarter valued at approximately $1,039,000. Deutsche Bank AG increased its stake in The Ensign Group by 3.1% during the 4th quarter. Deutsche Bank AG now owns 109,480 shares of the company’s stock valued at $4,244,000 after purchasing an additional 3,342 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of The Ensign Group by 64.8% in the 4th quarter. American Century Companies Inc. now owns 430,707 shares of the company’s stock valued at $16,707,000 after acquiring an additional 169,338 shares during the last quarter. 83.65% of the stock is owned by hedge funds and other institutional investors.

About The Ensign Group

The Ensign Group, Inc provides health care services in the post-acute care continuum and other ancillary businesses. The company operates in three segments: Transitional and Skilled Services; Assisted and Independent Living Services; and Home Health and Hospice Services. The Transitional and Skilled Services segment offers a range of medical, nursing, rehabilitative, and pharmacy services, as well as routine services, such as daily dietary, social, and recreational services to Medicaid, private pay, managed care, and Medicare payors.

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