The Ensign Group, Inc. (NASDAQ:ENSG) announced a quarterly dividend on Wednesday, March 15th. Shareholders of record on Friday, March 31st will be given a dividend of 0.0425 per share on Sunday, April 30th. This represents a $0.17 annualized dividend and a yield of 0.93%. The ex-dividend date of this dividend is Wednesday, March 29th.
Shares of The Ensign Group (NASDAQ:ENSG) opened at 18.34 on Tuesday. The Ensign Group has a 1-year low of $16.76 and a 1-year high of $23.86. The company has a market cap of $933.47 million, a PE ratio of 19.10 and a beta of 0.95. The firm has a 50-day moving average price of $18.54 and a 200 day moving average price of $20.20.
The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings data on Wednesday, February 8th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.37 by $0.07. The Ensign Group had a return on equity of 13.94% and a net margin of 3.02%. The company had revenue of $433.05 million for the quarter, compared to the consensus estimate of $436.14 million. During the same quarter last year, the business earned $0.35 earnings per share. The Ensign Group’s revenue was up 16.0% compared to the same quarter last year. On average, equities analysts anticipate that The Ensign Group will post $1.50 earnings per share for the current year.
A number of brokerages have recently issued reports on ENSG. JMP Securities downgraded The Ensign Group from a “market perform” rating to an “underperform” rating and set a $18.00 price objective for the company. in a research report on Wednesday, January 4th. Zacks Investment Research downgraded The Ensign Group from a “hold” rating to a “sell” rating in a research report on Tuesday, November 29th. Royal Bank of Canada restated a “buy” rating on shares of The Ensign Group in a research report on Friday, February 10th. Oppenheimer Holdings Inc. restated an “outperform” rating and set a $26.00 price objective (down from $29.00) on shares of The Ensign Group in a research report on Friday, February 10th. Finally, Cantor Fitzgerald restated a “buy” rating on shares of The Ensign Group in a research report on Thursday, December 15th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. The Ensign Group has a consensus rating of “Hold” and a consensus target price of $23.33.
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In related news, VP Barry Port sold 3,884 shares of the firm’s stock in a transaction that occurred on Thursday, March 16th. The stock was sold at an average price of $18.13, for a total transaction of $70,416.92. Following the completion of the sale, the vice president now owns 122,442 shares of the company’s stock, valued at $2,219,873.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Chad Keetch sold 37,522 shares of the firm’s stock in a transaction that occurred on Tuesday, January 3rd. The stock was sold at an average price of $22.26, for a total value of $835,239.72. Following the sale, the vice president now directly owns 49,141 shares of the company’s stock, valued at approximately $1,093,878.66. The disclosure for this sale can be found here. Company insiders own 6.50% of the company’s stock.
About The Ensign Group
The Ensign Group, Inc, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin.
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