Welcome to our dedicated page for Ensign Group news (Ticker: ENSG), a resource for investors and traders seeking the latest updates and insights on Ensign Group stock.
The Ensign Group, Inc. (ENSG) operates through subsidiaries that provide skilled nursing, senior living, physical, occupational and speech therapy, other rehabilitative and healthcare services, and healthcare real estate. Its business includes skilled services operations and real estate held through Standard Bearer Healthcare REIT, Ensign’s captive real estate company.
Recurring Ensign news covers facility and real estate acquisitions, expansions of affiliated healthcare operations, long-term lease arrangements, operating and financial results, dividend declarations, capital-structure updates, governance matters, and healthcare regulatory disclosures. Company updates frequently connect operating growth with skilled nursing facilities, senior living communities, rehabilitation services, and Standard Bearer real estate assets.
The Ensign Group, Inc. (Nasdaq: ENSG) announced second-quarter 2022 results with GAAP diluted earnings per share of $1.01, a 16.1% increase year-over-year. Total revenues reached $732.5 million, up 14.7%. Skilled services revenue grew 14.6% to $702.5 million. Occupancy rates improved by 1.8% for same store and 6.4% for transitioning facilities.
The company raised its 2022 earnings guidance to $4.05-$4.15 per diluted share and revenue guidance to $2.96-$3.0 billion. Ensign added 11 new operations and 6 real estate assets in the quarter, demonstrating strong growth potential.
The Ensign Group (Nasdaq: ENSG) announced its acquisition of Park Manor of McKinney, a 138-bed skilled nursing facility in Texas, effective August 1, 2022. This acquisition, executed by a subsidiary of Standard Bearer Healthcare REIT, Inc., expands Ensign's portfolio to 259 healthcare operations across thirteen states. CEO Barry Port emphasized the company’s commitment to growth, with ongoing efforts to acquire additional real estate and healthcare facilities in the U.S. The acquisition strengthens Ensign's operational capabilities and enhances its real estate assets, now totaling 106.
The Ensign Group, Inc. (Nasdaq: ENSG), a provider of skilled nursing and senior living services, announced it will release its second quarter 2022 financial results on August 1, 2022. Following this, Ensign invites investors to a live webcast on August 2, 2022, at 10:00 a.m. PT, where management will discuss the company's performance. Ensign operates 259 healthcare facilities across multiple states, offering a wide range of rehabilitative and healthcare services.
The Ensign Group, Inc. (Nasdaq: ENSG) announced the acquisition of Henderson Health and Rehabilitation, a skilled nursing facility in Henderson, Nevada, effective July 1, 2022. This acquisition aligns with Ensign's strategic expansion into the Southern Nevada market, recognized for its growth potential. Additionally, on the same day, Ensign acquired several other healthcare facilities and properties, enhancing its portfolio to 258 operations across 13 states. The company continues to seek opportunities for acquiring or leasing skilled nursing and healthcare-related businesses throughout the U.S.
The Ensign Group, Inc. (Nasdaq: ENSG) announced the acquisition of several healthcare facilities, enhancing its portfolio in the skilled nursing and senior living sectors. Effective July 1, 2022, the company acquired Villa Maria Post Acute and Rehabilitation, Villa Maria Wellness Living, and Tucson Recovery at Villa Maria in Arizona. Additionally, it acquired other facilities in Texas and California, bringing its total to 258 healthcare operations across thirteen states. The acquisitions support Ensign's strategy to expand its real estate and operations footprint in the healthcare market.
The Ensign Group announced the acquisition of five skilled nursing facilities in Texas, effective July 1, 2022, which will enhance its operational markets. The facilities include a total of 609 beds across locations in Irving, Garland, Lancaster, McKinney, and Bee Cave. Additionally, the real estate for The Eden of Las Colinas was acquired by Ensign's subsidiary, Standard Bearer Healthcare REIT. These acquisitions expand Ensign's portfolio to 258 healthcare operations, along with 105 real estate assets across 13 states. The company continues to pursue further acquisition opportunities in the healthcare sector.
The Ensign Group, Inc. (Nasdaq: ENSG) announced the acquisition of three skilled nursing facilities in California by its subsidiary, Standard Bearer Healthcare REIT, effective July 1, 2022. The facilities include the Premier Care Center of Palm Springs, Brookside Healthcare Center, and Broadway Villa Post Acute. This strategic move expands Ensign's real estate portfolio, which now includes 105 assets across 258 healthcare operations in thirteen states. CEO Barry Port emphasized the operational success these properties have contributed to and expressed enthusiasm for future acquisition opportunities.
The Ensign Group has declared a quarterly cash dividend of $0.055 per share, payable by July 31, 2022, to shareholders of record as of June 30, 2022. This marks the company's continued commitment to shareholder returns, as it has maintained a dividend payout since 2002. Ensign operates 251 healthcare facilities across multiple states, providing a range of services including skilled nursing and rehabilitative care.
The Ensign Group, Inc. (Nasdaq: ENSG) reported strong first-quarter 2022 results, achieving GAAP diluted earnings per share of $0.89 and adjusted earnings per share of $0.99, marking increases of 3.5% and 13.8%, respectively, from the previous year. Revenue increased by 13.5% to $713.4 million, with total skilled services revenue rising by 14.3% to $686.8 million. The company reaffirmed its annual earnings guidance of $4.01 to $4.13 per share, projecting revenue between $2.93 billion and $2.98 billion. Notably, occupancy rates improved, contributing to the overall positive outlook despite ongoing challenges from labor market disruptions.
The Ensign Group, Inc. (Nasdaq: ENSG) announced that it will release its first quarter 2022 financial results on April 28, 2022. Following this, a live webcast is scheduled for April 29, where management will discuss the performance details. Ensign operates 251 healthcare facilities across multiple states, providing a wide range of skilled nursing, senior living services, and therapies. Investors can access the webcast and other financial data through the company's website. The recorded webcast will be available until May 27, 2022.