Key Points
- Insider sale: Director Barry Smith sold 700 shares on Jan. 2 at an average price of $173.59 for $121,513, trimming his position by 2.87% to 23,652 shares (≈$4.11M).
- Quarterly results beat: Ensign reported $1.64 EPS vs. $1.59 expected and $1.30B revenue (up 19.8% YoY vs. $1.28B est.), and set FY2025 guidance of $6.480–$6.540 EPS.
- Dividend and analyst sentiment: The company raised its quarterly dividend to $0.065 ($0.26 annualized, 0.1% yield), while analysts skew positive with a consensus "Moderate Buy" and a $196.40 target price.
The Ensign Group, Inc. (NASDAQ:ENSG - Get Free Report) Director Barry Smith sold 700 shares of The Ensign Group stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $173.59, for a total transaction of $121,513.00. Following the sale, the director directly owned 23,652 shares in the company, valued at approximately $4,105,750.68. The trade was a 2.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
The Ensign Group Trading Up 1.8%
Shares of The Ensign Group stock opened at $179.65 on Wednesday. The stock has a 50 day moving average of $179.40 and a 200 day moving average of $169.10. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market capitalization of $10.41 billion, a price-to-earnings ratio of 32.14, a PEG ratio of 1.83 and a beta of 0.86. The Ensign Group, Inc. has a fifty-two week low of $118.73 and a fifty-two week high of $193.99.
The Ensign Group (NASDAQ:ENSG - Get Free Report) last posted its earnings results on Monday, November 3rd. The company reported $1.64 EPS for the quarter, beating analysts' consensus estimates of $1.59 by $0.05. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.28 billion. The Ensign Group had a return on equity of 16.77% and a net margin of 6.80%.The company's revenue for the quarter was up 19.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.39 earnings per share. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. As a group, research analysts predict that The Ensign Group, Inc. will post 5.59 earnings per share for the current year.
The Ensign Group Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Saturday, January 31st. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 0.1%. This is a boost from The Ensign Group's previous quarterly dividend of $0.06. The ex-dividend date of this dividend is Wednesday, December 31st. The Ensign Group's payout ratio is 4.65%.
Hedge Funds Weigh In On The Ensign Group
Institutional investors have recently modified their holdings of the business. Financial Management Professionals Inc. acquired a new stake in shares of The Ensign Group in the second quarter valued at $28,000. Steward Partners Investment Advisory LLC increased its holdings 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 purchasing an additional 198 shares during the period. Root Financial Partners LLC acquired a new stake in The Ensign Group in the 3rd quarter valued at about $35,000. Maseco LLP acquired a new stake in The Ensign Group in the 2nd quarter valued at about $36,000. Finally, MAI Capital Management boosted its stake in shares of The Ensign Group by 1,009.5% in the 2nd quarter. MAI Capital Management now owns 233 shares of the company's stock valued at $36,000 after buying an additional 212 shares during the period. Institutional investors and hedge funds own 96.12% of the company's stock.
Analyst Ratings Changes
ENSG has been the topic of several recent analyst reports. Truist Financial upped their price objective 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. Stephens boosted their target price on The Ensign Group from $185.00 to $200.00 and gave the company an "overweight" rating in a research report on Wednesday, November 5th. Weiss Ratings restated a "buy (b)" rating on shares of The Ensign Group in a research report on Wednesday, October 8th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $206.00 price objective (up from $177.00) on shares of The Ensign Group in a research note on Friday, November 14th. Finally, UBS Group reissued a "buy" rating and set a $220.00 target price (up previously from $205.00) on shares of The Ensign Group in a research note on Wednesday, November 5th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $196.40.
Check Out Our Latest Research Report on The Ensign Group
About The Ensign Group
(
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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