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. (Nasdaq: ENSG) is the parent company of a group of independent subsidiaries focused on post-acute healthcare, skilled nursing, senior living services, therapy services and healthcare real estate in the United States. The ENSG news page highlights official company announcements, press releases and other public updates that reflect how this multi-state operator is expanding and managing its portfolio.
News coverage for The Ensign Group commonly includes disclosures about acquisitions of skilled nursing and senior living operations, as well as purchases of related healthcare real estate through its captive REIT, Standard Bearer Healthcare REIT, Inc. Releases also describe long-term, often triple net, lease arrangements with Ensign-affiliated and third-party operators, giving insight into how the company structures its operating and real estate relationships.
Investors and analysts following ENSG can use this news feed to review updates on facility additions in states such as Alabama, Arizona, California, Colorado, Iowa, Kansas, Utah, Wisconsin and others where Ensign-affiliated entities operate. The company’s press releases also address topics such as quarterly and annual earnings results, portfolio growth, occupancy trends, and the continued payment and adjustment of quarterly cash dividends, which Ensign notes it has paid since 2002.
By monitoring this ENSG news page, readers can track the company’s ongoing acquisition activity, expansion into new and existing markets, developments in its Standard Bearer real estate segment, and other operational and corporate governance updates disclosed through Globe Newswire and similar channels.
The Ensign Group, Inc. (NASDAQ: ENSG) has declared a quarterly cash dividend of $0.0525 per share, payable by April 30, 2021, to shareholders of record on March 31, 2021. Ensign, providing skilled nursing and assisted living services across 232 healthcare facilities in multiple states, has a consistent history of dividend payments since 2002.
The Ensign Group, (Nasdaq: ENSG), announced participation in the Oppenheimer & Co. Inc. 31st Annual Healthcare Conference on March 16, 2021. Key executives, including CEO Barry Port, CFO Suzanne Snapper, and CIO Chad Keetch, will present at 2:30 p.m. Eastern Time. The live webcast can be accessed here and will be archived for 90 days. Ensign operates 232 healthcare facilities across multiple states, providing skilled nursing and senior living services, along with various therapies.
The Ensign Group announced record Q4 operating results for 2020, with GAAP diluted earnings per share of $0.82, up 67.3% year-over-year. For the full year, earnings per share reached $3.06, an 86.6% increase, and adjusted earnings per share were $3.13, up 75.8%. Annual revenues were $2.4 billion, up 18.0%. The company reported significant growth in transitioning and skilled services revenue, with same-store skilled revenue improving by 14.7%. Ensign reaffirmed its 2021 guidance for earnings per share between $3.44 and $3.56.
The Ensign Group, Inc. (Nasdaq: ENSG) will announce its fourth quarter and fiscal year 2020 financial results on February 3, 2021. A live webcast discussing the performance is scheduled for February 4, 2021, at 10:00 a.m. PT. The company operates 232 healthcare facilities across multiple states, providing skilled nursing, assisted living, and rehabilitative services. Interested parties can access the webcast and related materials via the Invest section on the company’s website.
The Ensign Group, Inc. (Nasdaq: ENSG) announced the acquisition of three skilled nursing facilities in Southern California, effective January 1, 2021. The facilities are Golden Hill Post Acute in San Diego, St. Catherine Healthcare in Fullerton, and Camino Healthcare in Hawthorne, each with 99 skilled nursing beds. These acquisitions will be subject to a long-term, triple net lease and expand Ensign's portfolio to 231 healthcare operations across 13 states. The company aims to integrate these operations into its existing clusters and enhance service quality amidst the ongoing pandemic.
The Ensign Group, Inc. (NASDAQ: ENSG) has declared a quarterly cash dividend of $0.0525 per share, payable by January 31, 2021, to shareholders of record as of December 31, 2020. This announcement marks the company's eighteenth consecutive annual dividend increase, reflecting its strong market position and commitment to returning value to shareholders. Ensign has been a dividend-paying company since 2002 and operates 228 healthcare facilities across multiple states, providing various healthcare services.
The Ensign Group, Inc. (Nasdaq: ENSG) announced the acquisition of Hays Nursing and Rehabilitation Center, a 116-bed facility in San Marcos, TX, effective December 1, 2020. This acquisition enhances Ensign's presence in Texas, adding to its existing operations in the region. The facility’s previous operator was a faith-based nonprofit, and it had a 49% occupancy rate at the time of acquisition. Ensign expects the acquisition to be accretive to earnings in 2021, expanding its portfolio to 228 healthcare operations across thirteen states, with 95 real estate assets owned.
The Ensign Group (Nasdaq: ENSG) has acquired The Medical Lodge of Amarillo, an 82-bed skilled nursing facility in Amarillo, TX, effective November 1, 2020. This acquisition enhances Ensign's operational base in the Amarillo market and is expected to be accretive to earnings in 2021. With this addition, Ensign's portfolio expands to 227 healthcare operations across 13 states, owning 95 real estate assets. CEO Barry Port emphasized the strategic importance of this acquisition for enhancing healthcare service quality and operational synergies.
The Ensign Group (Nasdaq: ENSG) reported record Q3 2020 results, with GAAP diluted earnings per share reaching $0.77, a 97.4% increase year-over-year. Consolidated revenues rose to $599.3 million, an increase of 17.0%. The company demonstrated resilience amid COVID-19 challenges, returning $109 million in CARES Act funds and achieving strong skilled revenue growth. Liquidity remains robust, with approximately $175.4 million in cash and $342.4 million in available credit. The company anticipates continued expenses related to COVID-19 into 2021.
The Ensign Group, Inc. (Nasdaq: ENSG) announced it will release its third quarter 2020 financial results on October 28, 2020. A conference call is scheduled for October 29, 2020 at 10:00 a.m. Pacific Time, where management will discuss performance. Ensign operates 226 healthcare facilities across various states, providing skilled nursing, senior living, and rehabilitative services. Interested investors can access the webcast or further financial information on the Ensign website.