The Ensign Group (NASDAQ:ENSG) CFO Sells $896,811.03 in Stock

The Ensign Group, Inc. (NASDAQ:ENSG) CFO Suzanne Snapper sold 4,573 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $196.11, for a total value of $896,811.03. Following the completion of the sale, the chief financial officer owned 272,889 shares of the company’s stock, valued at approximately $53,516,261.79. This represents a 1.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

The Ensign Group Stock Performance

Shares of ENSG opened at $211.92 on Thursday. The company’s 50 day simple moving average is $178.79 and its 200-day simple moving average is $175.27. The firm has a market cap of $12.27 billion, a PE ratio of 36.29, a price-to-earnings-growth ratio of 2.13 and a beta of 0.88. The Ensign Group, Inc. has a 12-month low of $118.73 and a 12-month high of $212.09. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.06.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates of $1.75 by $0.07. The firm 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 Ensign Group’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.49 EPS. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. As a group, equities analysts predict that The Ensign Group, Inc. will post 5.59 EPS for the current year.

The Ensign Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Investors of record on Wednesday, December 31st were given a $0.065 dividend. This is a boost from The Ensign Group’s previous quarterly dividend of $0.06. The ex-dividend date was Wednesday, December 31st. This represents a $0.26 annualized dividend and a yield of 0.1%. The Ensign Group’s payout ratio is presently 4.45%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on ENSG shares. Wall Street Zen raised The Ensign Group from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Royal Bank Of Canada restated an “outperform” rating and set a $222.00 price objective (up previously from $206.00) on shares of The Ensign Group in a research report on Monday. Stephens lifted their target price on shares of The Ensign Group from $185.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of The Ensign Group in a research note on Thursday, January 22nd. Finally, Truist Financial set a $215.00 price objective on shares of The Ensign Group and gave the company a “hold” rating in a research report on Friday, February 6th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $204.60.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Private Trust Co. NA raised its stake in The Ensign Group by 156.5% in the 4th quarter. Private Trust Co. NA now owns 159 shares of the company’s stock valued at $28,000 after purchasing an additional 97 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in The Ensign Group by 55.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after acquiring an additional 61 shares during the last quarter. Harbor Investment Advisory LLC raised its holdings in The Ensign Group by 125.6% in the fourth quarter. Harbor Investment Advisory LLC now owns 194 shares of the company’s stock valued at $34,000 after buying an additional 108 shares during the period. Root Financial Partners LLC purchased a new stake in The Ensign Group during the 3rd quarter worth $35,000. Finally, Larson Financial Group LLC grew its stake in shares of The Ensign Group by 76.9% in the third quarter. Larson Financial Group LLC now owns 207 shares of the company’s stock valued at $36,000 after buying an additional 90 shares in the last quarter. 96.12% of the stock is currently owned by institutional investors and hedge funds.

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.