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 (Nasdaq: ENSG) announced an increase in its credit facility by $250 million, bringing the total to $600 million. This funding, arranged by Truist Securities, matures on April 8, 2027, and includes a $400 million incremental expansion option. CEO Barry Port stated that the borrowings will help enhance their capital structure and support acquisitions, renovations, and working capital needs. Ensign operates 252 healthcare facilities across various states, providing skilled nursing and senior living services.
The Ensign Group (Nasdaq: ENSG) announced the acquisition of three assisted living facilities: Sea Cliff Assisted Living in California, The Grove Assisted Living in California, and Redmond Heights Senior Living in Washington, effective April 1, 2022. These acquisitions increase Ensign's portfolio to 252 healthcare operations across 13 states. The real estate at Sea Cliff is already owned by an Ensign affiliate, while the other two facilities will operate under long-term, triple net leases. Ensign continues to seek opportunities for acquisition in the healthcare sector.
The Ensign Group has declared a quarterly cash dividend of $0.055 per share for its common stock, set to be paid by April 30, 2022. Shareholders of record as of March 31, 2022 will receive this dividend. Ensign has maintained a consistent dividend payment record since 2002. The company operates 250 healthcare facilities across multiple states, providing skilled nursing and senior living services along with various rehabilitative therapies.
The Ensign Group (Nasdaq: ENSG) announced the acquisition of The Waterton Healthcare and Rehabilitation, a 74-bed skilled nursing facility in Tyler, Texas, effective March 1, 2022. This addition enhances Ensign's Texas operations and real estate portfolio. Simultaneously, the company acquired operations of Amarsi Assisted Living in Glendale, Arizona, and Citadel Assisted Living Facility in Mesa, Arizona, expanding its healthcare campus. With these acquisitions, Ensign's portfolio grows to 250 healthcare operations across 13 states, including 102 real estate assets.
The Ensign Group (Nasdaq: ENSG) announced the acquisition of three healthcare facilities effective March 1, 2022. These include Amarsi Assisted Living in Glendale, a 103-bed facility, and Citadel Assisted Living Facility in Mesa, featuring 180 independent living units and 150 assisted living beds. Additionally, the company's affiliates acquired The Waterton Healthcare and Rehabilitation, a 74-bed skilled nursing facility in Tyler, Texas. These acquisitions enhance Ensign's portfolio to 250 healthcare operations across 13 states, reaffirming its commitment to expanding its senior living and skilled nursing services.
The Ensign Group (Nasdaq: ENSG) reported strong Q4 and 2021 fiscal year results with GAAP diluted EPS of $0.86 for Q4 and $3.42 for the year, marking increases of 4.9% and 11.8%, respectively. Adjusted EPS also surged, reaching record highs of $0.97 in Q4 and $3.64 for the year, up 21.3% and 16.3%. Revenues totaled $2.6 billion, a 9.5% increase year-over-year. The company announced a 2022 earnings guidance of $4.01 to $4.13 per diluted share, reflecting a projected 12% growth. Additionally, Ensign completed the formation of Standard Bearer Healthcare REIT to enhance its real estate investments and operational performance.
The Ensign Group, Inc. (Nasdaq: ENSG) will announce its fourth quarter and fiscal year 2021 financial results on February 9, 2022. A conference call is scheduled for February 10, 2022, at 10:00 a.m. PT, where management will discuss performance details. Ensign operates 248 healthcare facilities across various states, providing skilled nursing, senior living services, and therapies. The webcast will be available for replay until March 11, 2022, on the company's investor website.
The Ensign Group (Nasdaq: ENSG) announced the acquisition of two skilled nursing facilities in California, effective February 1, 2022. The facilities are Arrowhead Springs Healthcare with 119 beds in San Bernardino and Desert Mountain Care Center with 99 beds in Indio. Arrowhead Springs includes real estate and operations, while Desert Mountain will be under a long-term lease. With these additions, Ensign's portfolio grows to 248 healthcare operations across 13 states, owning 101 real estate assets. CEO Barry Port expressed enthusiasm for enhancing local care services and expanding the company's real estate portfolio.
The Ensign Group (Nasdaq: ENSG) announced the acquisition of Estrella Health and Rehabilitation Center, a 161-bed skilled nursing facility in Avondale, AZ, effective January 1, 2022. This acquisition enhances Ensign's presence in Arizona and is part of their strategy to expand their healthcare operations. The company now has a total of 246 healthcare facilities across 13 states, including 100 owned real estate assets. Ensign plans to continue acquiring both well-performing and struggling skilled nursing and senior living operations throughout the U.S.
The Ensign Group (NASDAQ: ENSG) announced a quarterly cash dividend of $0.055 per share, payable by January 31, 2022, to shareholders of record as of December 31, 2021. This marks the company's nineteenth consecutive annual dividend increase, showcasing its strong market position and commitment to shareholder value, according to CEO Barry Port. Ensign has been paying dividends since 2002 and operates 245 healthcare facilities across multiple states, providing skilled nursing, senior living, and rehabilitative services.