28-Mar-2024
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The Ensign Group, Inc. Declares Quarterly Dividend of $0.06 Per Share
Globe Newswire (Fri, 22-Mar 6:00 AM ET)
The Ensign Group to Present at the Oppenheimer & Co. Inc. 34th Annual Healthcare Conference
Globe Newswire (Mon, 11-Mar 6:00 AM ET)
The Ensign Group Acquires Two Skilled Nursing Facilities in Colorado
Globe Newswire (Mon, 4-Mar 6:00 AM ET)
The Ensign Group Acquires Skilled Nursing Facility in Kansas
Globe Newswire (Mon, 4-Mar 6:00 AM ET)
The Ensign Group Reports Fiscal Year and Fourth Quarter 2023 Results; Issues 2024 Earnings Guidance
Globe Newswire (Thu, 1-Feb 4:08 PM ET)
The Ensign Group Schedules Year-End 2023 Earnings Call for Friday, February 2, 2024
Globe Newswire (Tue, 30-Jan 6:00 AM ET)
The Ensign Group Acquires Skilled Nursing Facility in Tennessee
Globe Newswire (Tue, 2-Jan 6:00 AM ET)
The Ensign Group Acquires Skilled Nursing Facility in Nevada
Globe Newswire (Tue, 2-Jan 6:00 AM ET)
Ensign Group Inc provides post-acute healthcare services in the United States. Its regional subsidiaries oversee skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care operations. Medicare and Medicaid programs contribute a majority of revenue received for Ensign's services. The firm operates through two segments, Skilled services, and Standard Bearer. The skilled services segment includes the operation of skilled nursing facilities and rehabilitation therapy services. The Standard Bearer segment comprises of properties owned by the company through its captive REIT and leased to skilled nursing and assisted living operations. The majority of the revenue is generated from the skilled services segment.
Ensign Group trades on the NASDAQ stock market under the symbol ENSG.
As of March 28, 2024, ENSG stock price declined to $124.42 with 382,480 million shares trading.
ENSG has a beta of 0.73, meaning it tends to be less sensitive to market movements. ENSG has a correlation of 0.21 to the broad based SPY ETF.
ENSG has a market cap of $7.02 billion. This is considered a Mid Cap stock.
Last quarter Ensign Group reported $980 million in Revenue and $1.28 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.01.
In the last 3 years, ENSG stock traded as high as $127.58 and as low as $68.29.
The top ETF exchange traded funds that ENSG belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.
ENSG has outperformed the market in the last year with a return of +36.2%, while the SPY ETF gained +33.6%. However, in the most recent history, ENSG shares have underperformed the stock market with its stock returning +9.0% in the last 3 month period and +0.9% for the last 2 week period, while SPY has returned +10.1% and +1.7%, respectively.
ENSG support price is $124.01 and resistance is $127.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ENSG stock will trade within this expected range on the day.