The Ensign Group (NASDAQ:ENSG) Sets New 12-Month High – Here’s What Happened

The Ensign Group, Inc. (NASDAQ:ENSG) reached a new 52-week high during trading on Monday . The company traded as high as $218.00 and last traded at $214.3740, with a volume of 27350 shares traded. The stock had previously closed at $214.17.

Analyst Ratings Changes

Several research firms have recently weighed in on ENSG. Truist Financial set a $215.00 price objective on The Ensign Group and gave the stock a “hold” rating in a research note on Friday, February 6th. UBS Group set a $230.00 price target on The Ensign Group and gave the company a “buy” rating in a research report on Friday, February 6th. Zacks Research upgraded The Ensign Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research note on Thursday, January 22nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $222.00 price target (up from $206.00) on shares of The Ensign Group in a report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $204.60.

The Ensign Group Stock Down 1.3%

The stock has a market cap of $12.34 billion, a PE ratio of 36.49, a P/E/G ratio of 2.12 and a beta of 0.83. The business has a 50 day simple moving average of $188.82 and a 200 day simple moving average of $180.80. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.42 and a quick ratio of 1.42.

The Ensign Group (NASDAQ:ENSG) last posted its earnings results on Wednesday, February 4th. The company reported $1.82 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.37 billion. During the same period in the prior year, the business posted $1.49 earnings per share. The business’s quarterly revenue was up 20.2% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. On average, equities research analysts forecast that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.

The Ensign Group Increases Dividend

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

Insider Activity

In related news, CFO Suzanne D. Snapper sold 8,258 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $194.48, for a total transaction of $1,606,015.84. Following the completion of the transaction, the chief financial officer owned 277,462 shares of the company’s stock, valued at approximately $53,960,809.76. The trade was a 2.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John O. Agwunobi sold 246 shares of the stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $179.82, for a total value of $44,235.72. Following the sale, the director owned 9,233 shares of the company’s stock, valued at approximately $1,660,278.06. The trade was a 2.60% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 27,473 shares of company stock worth $5,167,422. Insiders own 3.90% of the company’s stock.

Institutional Investors Weigh In On The Ensign Group

Several hedge funds have recently modified their holdings of the business. Baillie Gifford & Co. increased its position in The Ensign Group by 62.1% during the fourth quarter. Baillie Gifford & Co. now owns 4,569,254 shares of the company’s stock worth $795,964,000 after acquiring an additional 1,750,645 shares during the period. Norges Bank acquired a new stake in The Ensign Group in the 4th quarter worth $134,660,000. Turtle Creek Asset Management Inc. bought a new position in shares of The Ensign Group during the 3rd quarter worth about $78,840,000. Victory Capital Management Inc. raised its position in shares of The Ensign Group by 195.4% during the third quarter. Victory Capital Management Inc. now owns 513,328 shares of the company’s stock valued at $88,688,000 after buying an additional 339,534 shares during the last quarter. Finally, Wasatch Advisors LP lifted its stake in shares of The Ensign Group by 6.0% in the second quarter. Wasatch Advisors LP now owns 3,558,675 shares of the company’s stock valued at $548,961,000 after buying an additional 199,983 shares during the period. 96.12% of the stock is owned by 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.