The Ensign Group, Inc. (NASDAQ:ENSG) to Issue $0.07 Quarterly Dividend

The Ensign Group, Inc. (NASDAQ:ENSG) declared a quarterly dividend on Friday, June 19th. Shareholders of record on Tuesday, June 30th will be paid a dividend of 0.065 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, June 30th.

The Ensign Group has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 18 years. The Ensign Group has a dividend payout ratio of 3.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect The Ensign Group to earn $7.30 per share next year, which means the company should continue to be able to cover its $0.26 annual dividend with an expected future payout ratio of 3.6%.

The Ensign Group Price Performance

ENSG stock opened at $153.81 on Friday. The stock has a market capitalization of $8.99 billion, a price-to-earnings ratio of 25.05, a price-to-earnings-growth ratio of 1.50 and a beta of 0.68. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.06. The Ensign Group has a 52-week low of $134.79 and a 52-week high of $218.00. The stock’s fifty day simple moving average is $175.41 and its 200-day simple moving average is $185.60.

The Ensign Group (NASDAQ:ENSG) last released its earnings results on Thursday, April 30th. The company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.79 by $0.06. The Ensign Group had a return on equity of 16.78% and a net margin of 6.89%.The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period in the prior year, the firm posted $1.52 earnings per share. The business’s quarterly revenue was up 18.4% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. Equities research analysts expect that The Ensign Group will post 6.82 EPS for the current year.

Analyst Ratings Changes

Several analysts have commented on the company. Weiss Ratings cut The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. Zacks Research lowered shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Royal Bank Of Canada reissued an “outperform” rating on shares of The Ensign Group in a research report on Tuesday, June 9th. Finally, Wall Street Zen upgraded shares of The Ensign Group from a “hold” rating to a “buy” rating in a report on Sunday, June 14th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $216.75.

About The Ensign Group

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.