The Ensign Group (NASDAQ:ENSG) Shares Break Below Two Hundred Day Moving Average – Here’s Why

The Ensign Group, Inc. (NASDAQ:ENSG)’s stock price passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $181.67 and traded as low as $179.16. The Ensign Group shares last traded at $181.08, with a volume of 292,117 shares.

The Ensign Group News Summary

Here are the key news stories impacting The Ensign Group this week:

• Positive Sentiment: Royal Bank of Canada raised its price target on ENSG, a potentially supportive analyst signal. The report provided here does not specify the new target or the rationale. The Ensign Group stock gets price target boost from Royal Bank of Canada
• Negative Sentiment: Several law firms reminded investors that a securities class action has been filed against Ensign and certain executives, covering purchases from February 10, 2022, through June 18, 2026. Investors have until December 7, 2026, to seek lead-plaintiff status. The allegations are not established facts; continued legal uncertainty could pressure investor sentiment. BFA Law class action deadline reminder

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research report on Sunday, October 25th. Oppenheimer upped their price objective on The Ensign Group from $210.00 to $215.00 and gave the company an “outperform” rating in a report on Thursday, October 29th. Royal Bank Of Canada upped their price objective on The Ensign Group from $228.00 to $239.00 and gave the company an “outperform” rating in a report on Tuesday, November 3rd. UBS Group reaffirmed a “buy” rating and set a $240.00 target price (up from $230.00) on shares of The Ensign Group in a report on Thursday, October 29th. Finally, Weiss Ratings upgraded shares of The Ensign Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $226.00.

The Ensign Group Stock Performance

The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.08. The stock has a market cap of $10.56 billion, a price-to-earnings ratio of 26.95, a price-to-earnings-growth ratio of 1.71 and a beta of 0.66. The company’s 50-day simple moving average is $175.21 and its 200-day simple moving average is $181.67.

The Ensign Group (NASDAQ:ENSG) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.97 by $0.06. The company had revenue of $1.48 billion for the quarter, compared to analysts’ expectations of $1.51 billion. The Ensign Group had a return on equity of 16.79% and a net margin of 7.03%. The firm’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.64 earnings per share. Analysts predict that The Ensign Group, Inc. will post 7.07 EPS for the current fiscal year.

The Ensign Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Investors of record on Wednesday, September 30th were given a $0.0650 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.1%. The Ensign Group’s dividend payout ratio (DPR) is 3.87%.

Institutional Trading of The Ensign Group

Several institutional investors and hedge funds have recently bought and sold shares of ENSG. King Luther Capital Management Corp boosted its position in The Ensign Group by 4.2% during the third quarter. King Luther Capital Management Corp now owns 54,794 shares of the company’s stock worth $9,425,000 after purchasing an additional 2,215 shares during the period. Maryland State Retirement & Pension System raised its position in shares of The Ensign Group by 12.8% in the third quarter. Maryland State Retirement & Pension System now owns 3,269 shares of the company’s stock valued at $562,000 after purchasing an additional 372 shares during the period. Jacobi Capital Management LLC bought a new position in The Ensign Group in the 3rd quarter worth $47,000. Machina Capital S.A.S. bought a new position in The Ensign Group in the 3rd quarter worth $447,000. Finally, Bahl & Gaynor LLC lifted its position in The Ensign Group by 1.0% during the 3rd quarter. Bahl & Gaynor LLC now owns 210,086 shares of the company’s stock worth $36,135,000 after acquiring an additional 2,044 shares during the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

About The Ensign Group

The Ensign Group, Inc is a healthcare services company focused on post-acute care and senior living. Through its subsidiaries, it operates skilled nursing and rehabilitation facilities, assisted living communities, and independent living communities.

The company also provides home health and hospice services, as well as mobile diagnostics and other ancillary services that support patients and care facilities. Its operations serve communities across multiple U.S. states.

Founded in 1999, Ensign has grown from a skilled nursing operator into a broader provider of healthcare and senior services.