The Ensign Group (NASDAQ:ENSG) Price Target Raised to $215.00

The Ensign Group (NASDAQ:ENSG) had its price target increased by Oppenheimer from $210.00 to $215.00 in a report published on Thursday morning, MarketBeat reports. Oppenheimer currently has an outperform rating on the stock.

Several other analysts have also issued reports on ENSG. Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a report on Sunday, October 25th. Weiss Ratings upgraded The Ensign Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Royal Bank Of Canada restated an “outperform” rating and issued a $228.00 price target on shares of The Ensign Group in a research note on Tuesday, July 28th. Finally, Truist Financial set a $210.00 price target on The Ensign Group and gave the stock a “hold” rating in a research report on Thursday. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, The Ensign Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $218.60.

The Ensign Group Stock Performance

Shares of ENSG stock opened at $181.52 on Thursday. The company’s fifty day simple moving average is $174.79 and its 200-day simple moving average is $181.59. The company has a quick ratio of 1.21, a current ratio of 1.20 and a debt-to-equity ratio of 0.08. The firm has a market cap of $10.59 billion, a PE ratio of 27.01, a P/E/G ratio of 1.72 and a beta of 0.66. The Ensign Group has a 12 month low of $141.58 and a 12 month high of $218.00.

The Ensign Group (NASDAQ:ENSG) last released its earnings results on Tuesday, October 27th. The company reported $2.03 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.06. The Ensign Group had a net margin of 7.03% and a return on equity of 16.79%. The business had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the firm earned $1.64 earnings per share. The firm’s revenue for the quarter was up 14.5% compared to the same quarter last year. Equities research analysts expect that The Ensign Group will post 7.07 EPS for the current fiscal year.

The Ensign Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Wednesday, September 30th were issued a $0.0650 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, September 30th. The Ensign Group’s dividend payout ratio is currently 3.87%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ENSG. Cedar Mountain Advisors LLC purchased a new stake in shares of The Ensign Group in the first quarter worth approximately $32,000. Transamerica Financial Advisors LLC bought a new position in shares of The Ensign Group in the second quarter valued at approximately $26,000. Caitlin John LLC purchased a new position in shares of The Ensign Group during the second quarter valued at approximately $31,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of The Ensign Group during the second quarter valued at approximately $33,000. Finally, Continuum Advisory LLC purchased a new position in shares of The Ensign Group during the second quarter valued at approximately $34,000. Institutional investors own 96.12% of the company’s stock.

More The Ensign Group News

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

• Positive Sentiment: Earnings beat estimates: Ensign reported third-quarter adjusted earnings of $2.03 per share, exceeding the $1.97 consensus estimate. Revenue increased 14.5% year over year, although it was below analysts’ expectations. The initial earnings reaction included a gap higher in the shares. The Ensign Group Shares Gap Up After Earnings Beat
• Positive Sentiment: Analyst remains constructive: Oppenheimer raised its price target on The Ensign Group from $210 to $215 and maintained an “outperform” rating, implying significant upside from recent trading levels. Oppenheimer analyst rating information
• Neutral Sentiment: Lead-plaintiff deadline: Multiple law firms are soliciting investors who purchased ENSG securities between February 10, 2022, and June 18, 2026, to seek lead-plaintiff status by December 7, 2026. The repeated notices largely restate the same pending litigation rather than announce a new legal development. Ensign securities class action deadline notice
• Negative Sentiment: Litigation overhang: The lawsuits allege Ensign failed to disclose material adverse facts before an approximately 8% stock decline. Continued headlines may increase uncertainty around potential financial, regulatory, and reputational liabilities, helping explain why the stock has decreased despite the earnings beat. Ensign securities-fraud lawsuit announcement

The Ensign Group Company Profile

The Ensign Group, Inc is a healthcare services company that provides skilled nursing, post-acute care and rehabilitation services. Its facilities serve patients recovering from illness, injury or surgery, as well as individuals requiring long-term nursing care and support with daily living.

Through its operating subsidiaries, Ensign also provides assisted living and other senior care services. Its portfolio includes skilled nursing facilities, senior living communities and related healthcare operations, with services such as physical, occupational and speech therapy, medically complex care and rehabilitation.

Founded in 1999 and headquartered in San Juan Capistrano, California, The Ensign Group operates healthcare facilities across multiple U.S.