The Ensign Group (NASDAQ:ENSG) issued its quarterly earnings data on Thursday. The company reported $0.40 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.40, Bloomberg Earnings reports. The business had revenue of $487.70 million during the quarter, compared to the consensus estimate of $457.91 million. The Ensign Group had a return on equity of 13.15% and a net margin of 2.65%. The business’s revenue was up 12.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.30 earnings per share. The Ensign Group updated its FY17 guidance to $1.80-1.87 EPS.

Shares of The Ensign Group (NASDAQ ENSG) opened at $25.41 on Friday. The firm has a market capitalization of $1,213.50, a P/E ratio of 28.23 and a beta of 0.81. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.53 and a quick ratio of 1.53. The Ensign Group has a 52-week low of $16.50 and a 52-week high of $25.79.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Sunday, December 31st were given a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a yield of 0.71%. This is an increase from The Ensign Group’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Thursday, December 28th. The Ensign Group’s dividend payout ratio is 20.00%.

In other The Ensign Group news, VP Beverly B. Wittekind sold 9,664 shares of the company’s stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $23.60, for a total value of $228,070.40. Following the completion of the sale, the vice president now directly owns 51,320 shares in the company, valued at $1,211,152. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Barry Port sold 20,423 shares of the company’s stock in a transaction that occurred on Monday, January 22nd. The stock was sold at an average price of $24.02, for a total value of $490,560.46. Following the completion of the sale, the vice president now owns 128,112 shares of the company’s stock, valued at $3,077,250.24. The disclosure for this sale can be found here. Insiders sold 69,318 shares of company stock valued at $1,648,075 over the last 90 days. 6.20% of the stock is currently owned by insiders.

Several equities analysts have recently issued reports on ENSG shares. Royal Bank of Canada reiterated a “buy” rating and set a $21.00 price objective on shares of The Ensign Group in a research report on Tuesday, November 7th. SunTrust Banks set a $29.00 price objective on The Ensign Group and gave the stock a “buy” rating in a research report on Friday. Stifel Nicolaus set a $22.00 price objective on The Ensign Group and gave the stock a “hold” rating in a research report on Friday. ValuEngine downgraded The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, BidaskClub downgraded The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Three analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $26.20.

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The Ensign Group Company Profile

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.

Earnings History for The Ensign Group (NASDAQ:ENSG)

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