The Ensign Group (NASDAQ:ENSG) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS

The Ensign Group (NASDAQ:ENSG) posted its earnings results on Monday. The company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.59 by $0.05, Briefing.com reports. 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 for the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the prior year, the company posted $1.39 earnings per share. The Ensign Group’s revenue for the quarter was up 19.8% compared to the same quarter last year. The Ensign Group updated its FY 2025 guidance to 6.480-6.540 EPS.

The Ensign Group Price Performance

NASDAQ ENSG opened at $183.88 on Tuesday. The Ensign Group has a 52 week low of $118.73 and a 52 week high of $188.25. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.07. The stock has a market cap of $10.61 billion, a price-to-earnings ratio of 33.37, a price-to-earnings-growth ratio of 2.10 and a beta of 0.93. The company has a 50-day moving average price of $174.78 and a two-hundred day moving average price of $157.06.

The Ensign Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Tuesday, September 30th were given a $0.0625 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.25 annualized dividend and a yield of 0.1%. The Ensign Group’s dividend payout ratio is 4.54%.

Insider Buying and Selling at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $172.06, for a total value of $120,442.00. Following the completion of the sale, the director directly owned 27,052 shares of the company’s stock, valued at approximately $4,654,567.12. This represents a 2.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 3.90% of the company’s stock.

Hedge Funds Weigh In On The Ensign Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of The Ensign Group by 9.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 161,946 shares of the company’s stock valued at $20,956,000 after purchasing an additional 14,590 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in The Ensign Group by 150.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 383 shares of the company’s stock valued at $50,000 after buying an additional 230 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in The Ensign Group by 65.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 536 shares of the company’s stock valued at $83,000 after buying an additional 213 shares during the last quarter. Amundi lifted its holdings in shares of The Ensign Group by 480,216.7% during the second quarter. Amundi now owns 57,638 shares of the company’s stock worth $8,583,000 after buying an additional 57,626 shares during the last quarter. Finally, Brown Advisory Inc. grew its position in The Ensign Group by 26.1% in the 2nd quarter. Brown Advisory Inc. now owns 2,037 shares of the company’s stock worth $314,000 after purchasing an additional 421 shares during the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Truist Financial set a $190.00 target price on shares of The Ensign Group in a research note on Tuesday, October 14th. UBS Group increased their target price on shares of The Ensign Group from $195.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, September 2nd. Stephens raised their price objective on shares of The Ensign Group from $165.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research note on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $180.25.

About The Ensign Group

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.