The Ensign Group, Inc. (NASDAQ:ENSG) Stock Has Average Price Target of $216.25 According to Analysts

Shares of The Ensign Group, Inc. (NASDAQ:ENSG – Get Free Report) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $216.25.

Several brokerages have weighed in on ENSG. Weiss Ratings raised The Ensign Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. Wall Street Zen raised The Ensign Group from a “hold” rating to a “buy” rating in a research note on Saturday, October 3rd. Truist Financial lifted their price target on The Ensign Group from $202.00 to $207.00 and gave the company a “hold” rating in a report on Thursday, July 30th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $228.00 price target on shares of The Ensign Group in a research note on Tuesday, July 28th.

Check Out Our Latest Stock Analysis on The Ensign Group

Key The Ensign Group News

Here are the key news stories impacting The Ensign Group this week:

  • Neutral Sentiment: Short-interest data reported for October shows 0 shares sold short and a 0.0-day short-interest ratio based on average daily volume. This suggests no measurable short positioning, although the report’s description of a “large increase” appears inconsistent with the stated total. No meaningful short-squeeze signal is evident.

The Ensign Group Stock Performance

NASDAQ ENSG opened at $171.80 on Monday. The Ensign Group has a 1-year low of $141.58 and a 1-year high of $218.00. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $10.01 billion, a PE ratio of 26.93, a price-to-earnings-growth ratio of 1.63 and a beta of 0.66. The firm’s fifty day simple moving average is $175.80 and its 200-day simple moving average is $176.35.

The Ensign Group (NASDAQ:ENSG – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.12. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%. The Ensign Group’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same period last year, the company earned $1.59 earnings per share. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. As a group, sell-side analysts anticipate that The Ensign Group will post 7.04 earnings per share for the current fiscal year.

The Ensign Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Wednesday, September 30th will be issued a $0.0650 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.26 dividend on an annualized basis and a yield of 0.2%. The Ensign Group’s dividend payout ratio is currently 4.08%.

Insiders Place Their Bets

In other The Ensign Group news, Director John Agwunobi sold 392 shares of The Ensign Group stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $171.06, for a total value of $67,055.52. Following the completion of the sale, the director directly owned 9,503 shares in the company, valued at $1,625,583.18. The trade was a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 4.00% of the company’s stock.

Institutional Trading of The Ensign Group

Several large investors have recently added to or reduced their stakes in ENSG. BlackRock Inc. acquired a new position in shares of The Ensign Group during the 2nd quarter worth about $937,218,000. Wasatch Advisors LP boosted its stake in The Ensign Group by 10.7% during the 2nd quarter. Wasatch Advisors LP now owns 2,278,324 shares of the company’s stock valued at $365,215,000 after purchasing an additional 220,329 shares during the period. Franklin Resources Inc. boosted its stake in The Ensign Group by 20.6% during the 4th quarter. Franklin Resources Inc. now owns 630,380 shares of the company’s stock valued at $109,812,000 after purchasing an additional 107,689 shares during the period. Clark Capital Management Group Inc. grew its holdings in The Ensign Group by 3.1% in the 4th quarter. Clark Capital Management Group Inc. now owns 513,857 shares of the company’s stock valued at $89,514,000 after buying an additional 15,328 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in The Ensign Group by 7.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 457,667 shares of the company’s stock valued at $92,220,000 after buying an additional 30,521 shares during the last quarter. 96.12% of the stock is owned by institutional investors.

About The Ensign Group

(Get Free Report)

The Ensign Group, Inc (NASDAQ: ENSG) is a healthcare services company that operates through a network of skilled nursing, rehabilitation and senior living facilities. Its centers provide post-acute care, including nursing services, physical, occupational and speech therapy, short-term rehabilitation, and long-term residential care for older adults and patients recovering from illness, injury or surgery.

The company also provides home health and hospice services, as well as a range of ancillary services supporting post-acute care.

See Also

Analyst Recommendations for The Ensign Group (NASDAQ:ENSG)

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