The Ensign Group, Inc. (NASDAQ:ENSG) Receives $213.50 Consensus Price Target from Analysts

Shares of The Ensign Group, Inc. (NASDAQ:ENSG) have been given an average rating of “Moderate Buy” by the six research firms that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $213.50.

A number of equities research analysts recently weighed in on ENSG shares. Royal Bank Of Canada reissued an “outperform” rating on shares of The Ensign Group in a research report on Tuesday, June 9th. Wall Street Zen downgraded The Ensign Group from a “buy” rating to a “hold” rating in a research report on Saturday. Zacks Research lowered The Ensign Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings lowered The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 16th. Finally, Truist Financial lowered their price objective on The Ensign Group from $215.00 to $202.00 and set a “hold” rating on the stock in a research report on Tuesday, July 14th.

The Ensign Group Price Performance

NASDAQ:ENSG opened at $172.99 on Wednesday. The stock has a market cap of $10.11 billion, a P/E ratio of 28.17, a PEG ratio of 1.69 and a beta of 0.69. The Ensign Group has a one year low of $141.58 and a one year high of $218.00. The company has a fifty day moving average price of $165.30 and a 200 day moving average price of $183.91. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.56 and a quick ratio of 1.56.

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

The Ensign Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.065 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.26 dividend on an annualized basis and a yield of 0.2%. The Ensign Group’s payout ratio is currently 4.23%.

Insider Transactions at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the 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 in the company, 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 can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 4.00% of the stock is owned by company insiders.

Institutional Trading of The Ensign Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ENSG. Wasatch Advisors LP raised its position in The Ensign Group by 10.7% in the second quarter. Wasatch Advisors LP now owns 2,278,324 shares of the company’s stock worth $365,215,000 after purchasing an additional 220,329 shares in the last quarter. Handelsbanken Fonder AB boosted its holdings in The Ensign Group by 13.6% during the second quarter. Handelsbanken Fonder AB now owns 19,167 shares of the company’s stock valued at $3,072,000 after purchasing an additional 2,300 shares in the last quarter. Legacy Wealth Asset Management LLC grew its stake in shares of The Ensign Group by 17.3% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 13,098 shares of the company’s stock valued at $2,100,000 after purchasing an additional 1,932 shares during the period. Central Pacific Bank Trust Division grew its stake in shares of The Ensign Group by 14.5% in the 2nd quarter. Central Pacific Bank Trust Division now owns 950 shares of the company’s stock valued at $152,000 after purchasing an additional 120 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in shares of The Ensign Group by 5.9% in the 1st quarter. NewEdge Advisors LLC now owns 23,716 shares of the company’s stock worth $4,779,000 after buying an additional 1,319 shares in the last quarter. Institutional investors own 96.12% of the company’s stock.

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.