The Ensign Group (NASDAQ:ENSG) Releases FY 2019 Earnings Guidance

The Ensign Group (NASDAQ:ENSG) updated its FY 2019 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $2.20-2.30 for the period, compared to the Thomson Reuters consensus estimate of $2.26. The company issued revenue guidance of $2.34-2.4 billion, compared to the consensus revenue estimate of $2.33 billion.The Ensign Group also updated its FY19 guidance to $2.22-2.30 EPS.

Several brokerages recently commented on ENSG. Zacks Investment Research cut The Ensign Group from a strong-buy rating to a hold rating in a research report on Tuesday, April 9th. Oppenheimer increased their price target on The Ensign Group from $52.00 to $58.00 and gave the company an outperform rating in a research report on Wednesday, May 8th. BidaskClub raised The Ensign Group from a hold rating to a buy rating in a research report on Friday, July 19th. Finally, Stifel Nicolaus increased their price target on The Ensign Group from $52.00 to $56.00 and gave the company a hold rating in a research report on Friday. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The Ensign Group currently has an average rating of Buy and a consensus target price of $47.83.

NASDAQ:ENSG traded down $4.21 on Friday, hitting $54.06. The company’s stock had a trading volume of 462,120 shares, compared to its average volume of 221,810. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a fifty day moving average of $57.65. The company has a market cap of $3.19 billion, a price-to-earnings ratio of 30.20, a P/E/G ratio of 1.91 and a beta of 0.85. The Ensign Group has a one year low of $34.69 and a one year high of $63.00.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.01. The firm had revenue of $575.65 million for the quarter, compared to analyst estimates of $574.24 million. The Ensign Group had a return on equity of 17.23% and a net margin of 4.59%. The business’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.44 earnings per share. On average, equities research analysts anticipate that The Ensign Group will post 2.11 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Sunday, June 30th were paid a $0.0475 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.19 annualized dividend and a yield of 0.35%. The Ensign Group’s dividend payout ratio is 10.61%.

In other The Ensign Group news, CFO Suzanne D. Snapper sold 2,982 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $53.17, for a total value of $158,552.94. Following the sale, the chief financial officer now owns 223,216 shares in the company, valued at $11,868,394.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Beverly B. Wittekind sold 868 shares of the stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $53.17, for a total value of $46,151.56. Following the transaction, the vice president now owns 54,462 shares in the company, valued at approximately $2,895,744.54. The disclosure for this sale can be found here. Insiders sold 5,547 shares of company stock worth $302,252 in the last 90 days. Corporate insiders own 6.70% of the company’s stock.

About The Ensign Group

The Ensign Group, Inc provides health care services in the post-acute care continuum and other ancillary businesses. The company operates in three segments: Transitional and Skilled Services; Assisted and Independent Living Services; and Home Health and Hospice Services. The Transitional and Skilled Services segment offers a range of medical, nursing, rehabilitative, and pharmacy services, as well as routine services, such as daily dietary, social, and recreational services to Medicaid, private pay, managed care, and Medicare payors.

Featured Story: How is the LIBOR rate calculated?

Earnings History and Estimates for The Ensign Group (NASDAQ:ENSG)

Receive News & Ratings for The Ensign Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Ensign Group and related companies with's FREE daily email newsletter.