Q3 EPS Estimates for The Ensign Group Cut by Zacks Research

The Ensign Group, Inc. (NASDAQ:ENSGFree Report) – Equities researchers at Zacks Research dropped their Q3 2027 EPS estimates for shares of The Ensign Group in a note issued to investors on Monday, November 17th. Zacks Research analyst Team now forecasts that the company will earn $1.91 per share for the quarter, down from their prior forecast of $1.97. The consensus estimate for The Ensign Group’s current full-year earnings is $5.59 per share.

A number of other brokerages have also recently issued reports on ENSG. Royal Bank Of Canada reiterated an “outperform” rating and set a $206.00 price objective (up previously from $177.00) on shares of The Ensign Group in a research note on Friday, November 14th. Truist Financial lifted their price target on The Ensign Group from $190.00 to $200.00 and gave the stock a “hold” rating in a research report on Monday, November 10th. Stephens upped their price target on shares of The Ensign Group from $185.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 5th. Weiss Ratings restated a “buy (b)” rating on shares of The Ensign Group in a research note on Wednesday, October 8th. Finally, UBS Group reaffirmed a “buy” rating and issued a $220.00 target price (up from $205.00) on shares of The Ensign Group in a report on Wednesday, November 5th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $196.40.

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The Ensign Group Price Performance

ENSG stock opened at $184.99 on Thursday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a 50 day moving average price of $177.48 and a 200-day moving average price of $161.90. The Ensign Group has a 52-week low of $118.73 and a 52-week high of $193.99. The firm has a market capitalization of $10.72 billion, a price-to-earnings ratio of 33.57, a PEG ratio of 2.10 and a beta of 0.94.

The Ensign Group (NASDAQ:ENSGGet Free Report) last issued its quarterly earnings results on Monday, November 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.59 by $0.05. The company had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.28 billion. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The Ensign Group’s revenue was up 19.8% on a year-over-year basis. During the same period last year, the company posted $1.39 EPS. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS.

The Ensign Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, September 30th were issued a $0.0625 dividend. This represents a $0.25 annualized dividend and a yield of 0.1%. The ex-dividend date was Tuesday, September 30th. The Ensign Group’s dividend payout ratio (DPR) is presently 4.47%.

Insiders Place Their Bets

In other news, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $180.64, for a total transaction of $126,448.00. Following the completion of the transaction, the director directly owned 25,052 shares of the company’s stock, valued at $4,525,393.28. The trade was a 2.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John O. Agwunobi sold 246 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $188.87, for a total transaction of $46,462.02. Following the transaction, the director owned 8,879 shares in the company, valued at approximately $1,676,976.73. This trade represents a 2.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 39,142 shares of company stock worth $7,045,530 in the last quarter. Insiders own 3.90% of the company’s stock.

Hedge Funds Weigh In On The Ensign Group

Hedge funds and other institutional investors have recently modified their holdings of the company. Financial Management Professionals Inc. bought a new stake in shares of The Ensign Group in the second quarter worth $28,000. Rise Advisors LLC lifted its holdings in The Ensign Group by 114.0% in the first quarter. Rise Advisors LLC now owns 199 shares of the company’s stock valued at $26,000 after acquiring an additional 106 shares during the period. Root Financial Partners LLC purchased a new position in The Ensign Group in the third quarter worth about $35,000. WPG Advisers LLC bought a new stake in shares of The Ensign Group during the 1st quarter valued at about $27,000. Finally, Larson Financial Group LLC grew its stake in shares of The Ensign Group by 76.9% during the 3rd quarter. Larson Financial Group LLC now owns 207 shares of the company’s stock valued at $36,000 after purchasing an additional 90 shares during the period. 96.12% of the stock is owned by institutional investors.

About The Ensign Group

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The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.

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Earnings History and Estimates for The Ensign Group (NASDAQ:ENSG)

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