Key Points
- VP Beverly Wittekind sold 2,000 shares at an average price of $180 on Dec. 19 — a $360,000 transaction that reduced her stake by 5.75% to 32,779 shares, according to an SEC filing.
- The company beat estimates (EPS $1.64 vs. $1.59; revenue up 19.8% YoY) and set FY2025 guidance of 6.480–6.540 EPS, while analysts hold a "Moderate Buy" consensus with an average target of $196.40.
- Quarterly dividend increased to $0.065 (annualized $0.26), with an ex-dividend date of Dec. 31 and a yield around 0.1%.
The Ensign Group, Inc. (NASDAQ:ENSG - Get Free Report) VP Beverly Wittekind sold 2,000 shares of the company's stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $180.00, for a total transaction of $360,000.00. Following the completion of the sale, the vice president directly owned 32,779 shares in the company, valued at $5,900,220. This trade represents a 5.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
The Ensign Group Trading Down 0.2%
Shares of ENSG opened at $178.60 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.46 and a quick ratio of 1.46. The Ensign Group, Inc. has a 1-year low of $118.73 and a 1-year high of $193.99. The stock has a market cap of $10.34 billion, a price-to-earnings ratio of 31.95, a price-to-earnings-growth ratio of 2.03 and a beta of 0.85. The firm has a 50 day simple moving average of $180.89 and a 200-day simple moving average of $167.42.
The Ensign Group (NASDAQ:ENSG - Get Free Report) last posted its earnings results on Monday, November 3rd. The company reported $1.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.59 by $0.05. The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.28 billion. The Ensign Group had a return on equity of 16.77% and a net margin of 6.80%.The Ensign Group's revenue was up 19.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.39 EPS. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. Equities analysts forecast that The Ensign Group, Inc. will post 5.59 EPS for the current fiscal year.
The Ensign Group Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Saturday, January 31st. Stockholders of record on Wednesday, December 31st will be given a $0.065 dividend. This is an increase from The Ensign Group's previous quarterly dividend of $0.06. This represents a $0.26 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Wednesday, December 31st. The Ensign Group's dividend payout ratio (DPR) is currently 4.47%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. Rise Advisors LLC boosted its position in shares of The Ensign Group by 114.0% in the first quarter. Rise Advisors LLC now owns 199 shares of the company's stock worth $26,000 after acquiring an additional 106 shares during the last quarter. WPG Advisers LLC purchased a new position in The Ensign Group during the first quarter worth approximately $27,000. Financial Management Professionals Inc. purchased a new position in The Ensign Group during the second quarter worth approximately $28,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of The Ensign Group by 638.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 229 shares of the company's stock valued at $35,000 after purchasing an additional 198 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new stake in shares of The Ensign Group during the 3rd quarter valued at $35,000. Institutional investors and hedge funds own 96.12% of the company's stock.
Analysts Set New Price Targets
ENSG has been the subject of several analyst reports. Truist Financial boosted their target price on shares of The Ensign Group from $190.00 to $200.00 and gave the company a "hold" rating in a research note on Monday, November 10th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of The Ensign Group in a research note on Wednesday, October 8th. Stephens boosted 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. UBS Group reissued a "buy" rating and set a $220.00 price objective (up previously from $205.00) on shares of The Ensign Group in a research note on Wednesday, November 5th. Finally, Royal Bank Of Canada restated 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. 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.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $196.40.
Read Our Latest Research Report on The Ensign Group
The Ensign Group Company Profile
(
Get Free Report)
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.
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