The Ensign Group (NASDAQ:ENSG) Director Sells $19,800.00 in Stock

The Ensign Group, Inc. (NASDAQ:ENSG) Director Mark Vincent Parkinson sold 100 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $198.00, for a total transaction of $19,800.00. Following the completion of the transaction, the director owned 2,900 shares in the company, valued at $574,200. This trade represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

The Ensign Group Trading Up 3.9%

ENSG opened at $211.92 on Thursday. The Ensign Group, Inc. has a twelve month low of $118.73 and a twelve month high of $212.09. The company has a fifty day moving average of $178.79 and a 200-day moving average of $175.27. The stock 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 company has a quick ratio of 1.42, a current 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 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.07. The Ensign Group had a net margin of 6.80% and a return on equity of 16.76%. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.37 billion. During the same quarter in the prior year, the firm posted $1.49 earnings per share. The business’s quarterly revenue was up 20.2% compared to the same quarter last year. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. On average, sell-side 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 disclosed a quarterly dividend, which was paid on Saturday, January 31st. Stockholders of record on Wednesday, December 31st were given a dividend of $0.065 per share. This is a positive change from The Ensign Group’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The Ensign Group’s payout ratio is 4.45%.

Hedge Funds Weigh In On The Ensign Group

Large investors have recently added to or reduced their stakes in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in The Ensign Group by 9.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,946 shares of the company’s stock worth $20,956,000 after purchasing an additional 14,590 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of The Ensign Group by 150.3% during the first quarter. Geneos Wealth Management Inc. now owns 383 shares of the company’s stock valued at $50,000 after buying an additional 230 shares during the last quarter. KLP Kapitalforvaltning AS grew its holdings in The Ensign Group by 2.5% during the second quarter. KLP Kapitalforvaltning AS now owns 12,500 shares of the company’s stock worth $1,929,000 after buying an additional 300 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its position in The Ensign Group by 16.9% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 6,444 shares of the company’s stock valued at $995,000 after buying an additional 933 shares during the last quarter. Finally, CWM LLC raised its position in The Ensign Group by 15.4% in the 2nd quarter. CWM LLC now owns 675 shares of the company’s stock valued at $104,000 after buying an additional 90 shares during the last quarter. Institutional investors own 96.12% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.