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) reported record first-quarter results for 2020, showing GAAP diluted EPS of $0.73, a significant 87.2% increase from the previous year. Total revenues reached $589.6 million, up 25.1% year-over-year. The company maintains its 2020 guidance of $2.50 to $2.58 per diluted share. Despite COVID-19 impacts, liquidity remains strong with $50 million cash and $235 million available credit. As of May 8, 2020, the company had 355 confirmed COVID-19 patients across its facilities, but reports operational stability and readiness to continue patient care.
The Ensign Group, Inc. (Nasdaq: ENSG) announced it will release its first quarter 2020 financial results on May 11, 2020. A live webcast for current and prospective investors is scheduled for May 12, 2020, at 10:00 a.m. Pacific Time, where management will discuss the company's performance. Ensign operates 225 healthcare facilities across various states, offering skilled nursing and senior living services, among others. More details can be found on their investor website.