Brokerages Set The Ensign Group, Inc. (NASDAQ:ENSG) PT at $204.60

The Ensign Group, Inc. (NASDAQ:ENSGGet Free Report) has received an average rating of “Buy” from the seven ratings firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $204.60.

A number of research analysts recently commented on ENSG shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $222.00 price objective (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Truist Financial set a $215.00 price target on The Ensign Group and gave the company a “hold” rating in a research note on Friday, February 6th. Zacks Research upgraded The Ensign Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 26th. Finally, UBS Group set a $230.00 price objective on The Ensign Group and gave the stock a “buy” rating in a research report on Friday, February 6th.

Read Our Latest Report on The Ensign Group

The Ensign Group Price Performance

Shares of ENSG stock opened at $203.89 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.42. The firm’s 50-day moving average is $198.60 and its two-hundred day moving average is $184.77. The Ensign Group has a 12 month low of $118.73 and a 12 month high of $218.00. The company has a market capitalization of $11.81 billion, a PE ratio of 34.91, a price-to-earnings-growth ratio of 1.99 and a beta of 0.83.

The Ensign Group (NASDAQ:ENSGGet Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.07. The business had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.37 billion. The Ensign Group had a net margin of 6.80% and a return on equity of 16.76%. The business’s revenue for the quarter was up 20.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.49 EPS. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. Analysts predict that The Ensign Group will post 5.59 earnings per share for the current year.

The Ensign Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Tuesday, March 31st. The Ensign Group’s dividend payout ratio (DPR) is 4.45%.

Insider Buying and Selling at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $213.02, for a total value of $149,114.00. Following the sale, the director directly owned 22,852 shares of the company’s stock, valued at approximately $4,867,933.04. The trade was a 2.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John O. Agwunobi sold 146 shares of the company’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $178.31, for a total transaction of $26,033.26. Following the completion of the transaction, the director owned 9,087 shares in the company, valued at approximately $1,620,302.97. This represents a 1.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 17,073 shares of company stock valued at $3,333,390. 3.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its position in shares of The Ensign Group by 515.5% during the fourth quarter. Hsbc Holdings PLC now owns 16,446 shares of the company’s stock worth $2,873,000 after buying an additional 13,774 shares during the period. Rockefeller Capital Management L.P. grew its stake in shares of The Ensign Group by 40.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the company’s stock valued at $429,000 after buying an additional 705 shares in the last quarter. World Investment Advisors raised its holdings in shares of The Ensign Group by 16.7% in the 4th quarter. World Investment Advisors now owns 1,667 shares of the company’s stock valued at $290,000 after buying an additional 238 shares during the period. Bayban acquired a new position in The Ensign Group during the 4th quarter worth about $31,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in The Ensign Group by 702.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 859 shares of the company’s stock worth $150,000 after acquiring an additional 752 shares in the last quarter. 96.12% of the stock is currently owned by institutional investors and hedge funds.

About The Ensign Group

(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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