The Ensign Group, Inc. (NASDAQ:ENSG - Get Free Report) Director Daren Shaw sold 4,463 shares of the firm's stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $118.96, for a total value of $530,918.48. Following the sale, the director now owns 32,250 shares in the company, valued at $3,836,460. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Daren Shaw also recently made the following trade(s):
- On Thursday, February 15th, Daren Shaw sold 6,000 shares of The Ensign Group stock. The shares were sold at an average price of $119.67, for a total value of $718,020.00.
The Ensign Group Trading Up 0.1 %
Shares of The Ensign Group stock opened at $117.82 on Thursday. The firm has a market capitalization of $6.70 billion, a PE ratio of 32.19, a P/E/G ratio of 1.59 and a beta of 0.94. The Ensign Group, Inc. has a twelve month low of $87.14 and a twelve month high of $127.57. The firm's 50-day moving average price is $122.09 and its 200 day moving average price is $112.42. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.10.
The Ensign Group (NASDAQ:ENSG - Get Free Report) last issued its quarterly earnings results on Thursday, February 1st. The company reported $1.17 earnings per share for the quarter, meeting analysts' consensus estimates of $1.17. The Ensign Group had a net margin of 5.61% and a return on equity of 17.84%. The firm had revenue of $980.38 million for the quarter, compared to analyst estimates of $975.13 million. On average, sell-side analysts predict that The Ensign Group, Inc. will post 4.97 EPS for the current fiscal year.
The Ensign Group Cuts Dividend
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The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Sunday, March 31st will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date of this dividend is Wednesday, March 27th. The Ensign Group's dividend payout ratio (DPR) is 6.56%.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Fortis Capital Advisors LLC purchased a new position in The Ensign Group in the 4th quarter worth approximately $26,000. Natixis purchased a new position in The Ensign Group in the 4th quarter worth approximately $26,000. Cornerstone Planning Group LLC purchased a new position in The Ensign Group in the 2nd quarter worth approximately $27,000. Carmel Capital Partners LLC purchased a new position in The Ensign Group in the 3rd quarter worth approximately $30,000. Finally, Scarborough Advisors LLC purchased a new position in The Ensign Group in the 4th quarter worth approximately $35,000. 96.12% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
ENSG has been the topic of a number of analyst reports. Royal Bank of Canada raised their target price on The Ensign Group from $112.00 to $133.00 and gave the company an "outperform" rating in a research report on Tuesday, February 6th. Oppenheimer raised their price target on shares of The Ensign Group from $127.00 to $130.00 and gave the company an "outperform" rating in a research note on Friday, February 2nd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, The Ensign Group currently has a consensus rating of "Moderate Buy" and an average price target of $119.20.
Get Our Latest Research Report on The Ensign Group
The Ensign Group Company Profile
(
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The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.
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