Analysts Set The Ensign Group, Inc. (NASDAQ:ENSG) Price Target at $216.25

The Ensign Group, Inc. (NASDAQ:ENSG) has been given a consensus rating of “Moderate Buy” by the six ratings firms that are currently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $216.25.

A number of research analysts have recently weighed in on ENSG shares. Weiss Ratings cut The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Truist Financial increased their target price on shares of The Ensign Group from $202.00 to $207.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Royal Bank Of Canada restated an “outperform” rating and set a $228.00 target price on shares of The Ensign Group in a research note on Tuesday, July 28th. Finally, Wall Street Zen downgraded shares of The Ensign Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th.

The Ensign Group Trading Down 1.4%

NASDAQ:ENSG opened at $179.85 on Friday. The Ensign Group has a one year low of $141.58 and a one year high of $218.00. The business has a fifty day moving average price of $170.51 and a 200-day moving average price of $184.45. The firm has a market capitalization of $10.48 billion, a price-to-earnings ratio of 28.19, a price-to-earnings-growth ratio of 1.76 and a beta of 0.68. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.21.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings results on Monday, July 27th. The company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.12. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%.The Ensign Group’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.59 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. Sell-side analysts forecast that The Ensign Group will post 6.93 EPS for the current year.

The Ensign Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th were paid a $0.065 dividend. The ex-dividend date of this dividend was Tuesday, June 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 is 4.08%.

Insider Buying and Selling at The Ensign Group

In related news, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total value of $114,996.00. Following the completion of the transaction, the director owned 21,352 shares of the company’s stock, valued at approximately $3,507,706.56. This represents a 3.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John O. Agwunobi sold 392 shares of the stock in a transaction on Monday, July 20th. The stock was sold at an average price of $171.06, for a total value of $67,055.52. Following the completion of the sale, the director owned 9,503 shares of the company’s stock, valued at $1,625,583.18. The trade was a 3.96% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On The Ensign Group

Large investors have recently made changes to their positions in the business. Mitsubishi UFJ Trust & Banking Corp lifted its position in The Ensign Group by 52.5% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 54,336 shares of the company’s stock valued at $9,465,000 after purchasing an additional 18,699 shares during the last quarter. Sanctuary Advisors LLC increased its holdings in shares of The Ensign Group by 594.9% in the 4th quarter. Sanctuary Advisors LLC now owns 24,510 shares of the company’s stock worth $4,270,000 after buying an additional 20,983 shares during the last quarter. NewEdge Wealth LLC purchased a new stake in shares of The Ensign Group during the 4th quarter valued at about $5,224,000. Norges Bank purchased a new stake in shares of The Ensign Group during the 4th quarter valued at about $134,660,000. Finally, Mawer Investment Management Ltd. lifted its holdings in shares of The Ensign Group by 15.8% in the 4th quarter. Mawer Investment Management Ltd. now owns 126,186 shares of the company’s stock valued at $21,982,000 after acquiring an additional 17,225 shares during the last quarter. 96.12% of the stock is currently owned by hedge funds and other institutional investors.

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.