The Ensign Group (NASDAQ:ENSG) COO Sells $397,620.00 in Stock

The Ensign Group, Inc. (NASDAQ:ENSG) COO Spencer Burton sold 2,209 shares of the business’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $180.00, for a total transaction of $397,620.00. Following the completion of the transaction, the chief operating officer owned 51,165 shares in the company, valued at $9,209,700. The trade was a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Spencer Burton also recently made the following trade(s):

• On Monday, November 17th, Spencer Burton sold 5,899 shares of The Ensign Group stock. The shares were sold at an average price of $177.30, for a total transaction of $1,045,892.70.

The Ensign Group Trading Up 3.2%

ENSG opened at $184.99 on Friday. The stock has a market capitalization of $10.72 billion, a PE ratio of 33.57, a P/E/G ratio of 2.10 and a beta of 0.94. The Ensign Group, Inc. has a one year low of $118.73 and a one year high of $193.99. 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 business’s 50 day moving average price is $177.48 and its 200 day moving average price is $161.90.

The Ensign Group (NASDAQ:ENSG) last posted its earnings results on Monday, November 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.05. The Ensign Group had a return on equity of 16.92% and a net margin of 6.99%.The company had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter last year, the firm earned $1.39 earnings per share. The firm’s quarterly revenue was up 19.8% compared to the same quarter last year. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. As a group, equities research analysts expect that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Dividend Announcement

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

Analyst Ratings Changes

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

Hedge Funds Weigh In On The Ensign Group

Large investors have recently bought and sold shares of the business. CIBC Bancorp USA Inc. purchased a new stake in The Ensign Group during the 3rd quarter worth about $1,035,000. Danske Bank A S acquired a new stake in shares of The Ensign Group during the 3rd quarter worth about $86,000. Advisory Services Network LLC lifted its stake in The Ensign Group by 28.5% during the third quarter. Advisory Services Network LLC now owns 2,289 shares of the company’s stock worth $395,000 after purchasing an additional 507 shares during the last quarter. Integrated Investment Consultants LLC purchased a new stake in The Ensign Group during the third quarter worth approximately $206,000. Finally, Abel Hall LLC acquired a new position in The Ensign Group in the third quarter valued at approximately $249,000. Hedge funds and other institutional investors own 96.12% of the company’s stock.

The Ensign Group Company Profile

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.