The Ensign Group Inc. (NASDAQ:ENSG) declared a quarterly dividend on Tuesday, September 20th. Stockholders of record on Friday, September 30th will be given a dividend of 0.04 per share on Monday, October 31st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date is Wednesday, September 28th.
The Ensign Group (NASDAQ:ENSG) opened at 20.93 on Tuesday. The stock has a 50 day moving average price of $19.66 and a 200-day moving average price of $20.94. The firm has a market capitalization of $1.05 billion, a PE ratio of 23.20 and a beta of 0.65. The Ensign Group has a 12-month low of $17.60 and a 12-month high of $25.09.
The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.33 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.33. The firm earned $410.51 million during the quarter, compared to analyst estimates of $400.19 million. The Ensign Group had a return on equity of 15.86% and a net margin of 3.13%. The firm’s quarterly revenue was up 32.0% on a year-over-year basis. During the same period last year, the company posted $0.60 EPS. On average, equities research analysts forecast that The Ensign Group will post $1.38 EPS for the current year.
Several large investors have recently made changes to their positions in ENSG. Arizona State Retirement System increased its stake in shares of The Ensign Group by 0.4% in the second quarter. Arizona State Retirement System now owns 24,296 shares of the company’s stock worth $510,000 after buying an additional 100 shares during the period. Parametric Portfolio Associates LLC increased its stake in shares of The Ensign Group by 6.8% in the second quarter. Parametric Portfolio Associates LLC now owns 133,560 shares of the company’s stock worth $2,806,000 after buying an additional 8,479 shares during the period. Citadel Advisors LLC bought a new stake in shares of The Ensign Group during the second quarter worth approximately $1,325,000. Clinton Group Inc. bought a new stake in shares of The Ensign Group during the second quarter worth approximately $399,000. Finally, Greenwich Wealth Management LLC increased its stake in shares of The Ensign Group by 3.9% in the second quarter. Greenwich Wealth Management LLC now owns 16,964 shares of the company’s stock worth $356,000 after buying an additional 640 shares during the period. Institutional investors own 84.62% of the company’s stock.
A number of equities analysts have issued reports on the company. SunTrust Banks Inc. decreased their price target on The Ensign Group from $27.00 to $24.00 and set a “buy” rating for the company in a research note on Thursday, August 4th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $22.00 price target on shares of The Ensign Group in a research note on Wednesday, August 3rd. Zacks Investment Research lowered The Ensign Group from a “hold” rating to a “sell” rating in a research note on Thursday, August 4th. Finally, TheStreet raised The Ensign Group from a “hold” rating to a “buy” rating in a research note on Tuesday, August 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $25.00.
The Ensign Group Company Profile
The Ensign Group, Inc is a holding company. The Company, through its subsidiaries, provides healthcare services across the post-acute care continuum, as well as urgent care centers and mobile ancillary businesses. Its segments include transitional, skilled and assisted living services (TSA services); home health and hospice services, and all other.
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