The Ensign Group, Inc. (NASDAQ:ENSG) to Issue Dividend Increase – $0.07 Per Share

The Ensign Group, Inc. (NASDAQ:ENSG) announced a quarterly dividend on Friday, December 19th. Investors of record on Wednesday, December 31st will be paid a dividend of 0.065 per share on Saturday, January 31st. This represents a c) annualized dividend and a yield of 0.1%. The ex-dividend date is Wednesday, December 31st. This is a 4.0% increase from The Ensign Group’s previous quarterly dividend of $0.06.

The Ensign Group has decreased its dividend payment by an average of 0.4%annually over the last three years and has raised its dividend annually for the last 18 consecutive years. The Ensign Group has a payout ratio of 3.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect The Ensign Group to earn $6.17 per share next year, which means the company should continue to be able to cover its $0.25 annual dividend with an expected future payout ratio of 4.1%.

The Ensign Group Trading Up 2.5%

ENSG traded up $4.44 on Friday, hitting $181.39. 861,806 shares of the company were exchanged, compared to its average volume of 418,366. The firm has a fifty day simple moving average of $180.72 and a two-hundred day simple moving average of $166.59. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.46 and a current ratio of 1.46. The Ensign Group has a 12 month low of $118.73 and a 12 month high of $193.99. The stock has a market capitalization of $10.51 billion, a PE ratio of 32.45, a price-to-earnings-growth ratio of 2.00 and a beta of 0.85.

The Ensign Group (NASDAQ:ENSG) last announced its quarterly earnings data on Monday, November 3rd. The company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.05. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.28 billion. The Ensign Group had a return on equity of 16.77% and a net margin of 6.80%.The business’s revenue was up 19.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.39 earnings per share. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. Sell-side analysts expect that The Ensign Group will post 5.59 earnings per share for the current year.

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.