Key Points
- Insider sale: Director Daren Shaw sold 1,000 shares on Nov. 18 at an average price of $178.57 for $178,570, reducing his stake by 3.98% to 24,126 shares (valued at about $4.31M).
- Earnings and guidance: The company reported quarterly EPS of $1.64 (vs. $1.59 expected) and $1.30B revenue (up 19.8% YoY), and set FY2025 guidance of $6.480–$6.540 per share.
- Market reaction and analyst sentiment: Shares traded up ~1.3% to $181.07 midday as several analysts raised price targets (UBS $220, RBC $206, Stephens $200), leaving a consensus rating of "Moderate Buy" and a $196.40 target.
The Ensign Group, Inc. (NASDAQ:ENSG - Get Free Report) Director Daren Shaw sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $178.57, for a total transaction of $178,570.00. Following the completion of the sale, the director directly owned 24,126 shares of the company's stock, valued at $4,308,179.82. The trade was a 3.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.
The Ensign Group Stock Up 1.3%
The Ensign Group stock traded up $2.36 during mid-day trading on Thursday, reaching $181.07. 30,223 shares of the company were exchanged, compared to its average volume of 421,699. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a market cap of $10.49 billion, a P/E ratio of 32.95, a PEG ratio of 2.10 and a beta of 0.94. The business has a fifty day moving average of $176.94 and a 200 day moving average of $161.41. The Ensign Group, Inc. has a 12-month low of $118.73 and a 12-month high of $193.99.
The Ensign Group (NASDAQ:ENSG - Get Free Report) last issued its quarterly earnings data on Monday, November 3rd. The company reported $1.64 earnings per share for the quarter, topping analysts' consensus estimates of $1.59 by $0.05. The Ensign Group had a return on equity of 16.92% and a net margin of 6.99%.The firm had revenue of $1.30 billion during the quarter, compared to analysts' expectations of $1.28 billion. During the same period in the prior year, the business posted $1.39 EPS. The firm's quarterly revenue was up 19.8% on a year-over-year basis. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. Research analysts anticipate that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.
The Ensign Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th were given a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The Ensign Group's dividend payout ratio is presently 4.47%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the company. Rise Advisors LLC raised its position in shares of The Ensign Group by 114.0% during the 1st quarter. Rise Advisors LLC now owns 199 shares of the company's stock valued at $26,000 after buying an additional 106 shares during the period. TCTC Holdings LLC lifted its stake in shares of The Ensign Group by 116.7% in the 1st quarter. TCTC Holdings LLC now owns 208 shares of the company's stock valued at $27,000 after purchasing an additional 112 shares during the last quarter. WPG Advisers LLC acquired a new position in The Ensign Group during the first quarter worth $27,000. Financial Management Professionals Inc. acquired a new position in shares of The Ensign Group in the second quarter valued at approximately $28,000. Finally, Steward Partners Investment Advisory LLC increased its stake in The Ensign Group by 638.7% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 229 shares of the company's stock worth $35,000 after buying an additional 198 shares during the period. Institutional investors and hedge funds own 96.12% of the company's stock.
Analyst Ratings Changes
A number of analysts have recently weighed in on the company. Weiss Ratings reissued a "buy (b)" rating on shares of The Ensign Group in a research report on Wednesday, October 8th. Stephens increased their price objective on shares of The Ensign Group from $185.00 to $200.00 and gave the company an "overweight" rating in a research report on Wednesday, November 5th. Royal Bank Of Canada reissued an "outperform" rating and set a $206.00 target price (up previously from $177.00) on shares of The Ensign Group in a research report on Friday, November 14th. UBS Group restated a "buy" rating and issued a $220.00 price objective (up from $205.00) on shares of The Ensign Group in a research note on Wednesday, November 5th. Finally, Truist Financial increased their price target on shares of The Ensign Group from $190.00 to $200.00 and gave the stock a "hold" rating in a report on Monday, November 10th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $196.40.
Get Our Latest Stock Report on ENSG
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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