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The Ensign Group, Inc. - ENSG STOCK NEWS

Welcome to our dedicated page for The Ensign Group news (Ticker: ENSG), a resource for investors and traders seeking the latest updates and insights on The Ensign Group stock.

The Ensign Group, Inc. (symbol: ENSG) is a prominent provider of post-acute healthcare services in the United States. The company operates through its regional subsidiaries to offer a wide range of services including skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care services. Ensign Group's business structure is divided into two main segments: Skilled Services and Standard Bearer.

The Skilled Services segment is the largest revenue generator and involves the operation of skilled nursing facilities and the provision of rehabilitation therapy services. These facilities cater to patients who require continuous medical care and rehabilitation following a hospital stay. This segment is pivotal for the company’s financial health, as it primarily relies on Medicare and Medicaid programs for revenue generation.

The Standard Bearer segment focuses on property ownership through a captive Real Estate Investment Trust (REIT). These properties are then leased out to skilled nursing and assisted living operations, providing a steady stream of rental income to the company.

Recent developments include a scheduled conference call and webcast on May 2, 2024, at 10:00 am PT, where the company will discuss its latest financial performance and strategic initiatives. Ensign Group continues to expand its footprint through strategic acquisitions and partnerships, enhancing its service offerings and geographical reach.

With a strong focus on quality care and operational efficiency, The Ensign Group, Inc. remains a key player in the healthcare sector, consistently working to meet the growing needs of an aging population.

News

The Ensign Group Schedules First Quarter Earnings Call for Thursday, May 2, 2024

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The Ensign Group, Inc. (Nasdaq: ENSG) has scheduled their first quarter earnings call for Thursday, May 2, 2024. They will release their financial results on Wednesday, May 1, 2024, followed by a live webcast on May 2, 2024, where management will discuss the company's performance. Investors can access the webcast and related information on the Ensign website.
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The Ensign Group, Inc. Declares Quarterly Dividend of $0.06 Per Share

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Ensign Group, Inc. (ENSG) declares a quarterly cash dividend of $0.06 per share of Ensign common stock, continuing its dividend-paying streak since 2002.
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The Ensign Group to Present at the Oppenheimer & Co. Inc. 34th Annual Healthcare Conference

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Ensign Group, Inc. (ENSG) to participate in the Oppenheimer & Co. Inc. 34th Annual Healthcare Conference. Key executives to present growth strategy and operations on March 12, 2024.
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The Ensign Group Acquires Two Skilled Nursing Facilities in Colorado

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Ensign Group, Inc. expands its portfolio by acquiring three skilled nursing facilities in Colorado and Kansas, enhancing its operational market and clusters. The acquisitions include Park Post Acute and Oakwood Care and Rehabilitation in Colorado, and Atchison Senior Village Rehabilitation and Nursing Center in Kansas, totaling 302 healthcare operations across fourteen states.
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The Ensign Group Acquires Skilled Nursing Facility in Kansas

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Ensign Group, Inc. (ENSG) acquires Atchison Senior Village Rehabilitation and Nursing Center in Kansas, along with two other facilities in Colorado, expanding its healthcare operations to 302 facilities across fourteen states. The acquisitions were made through Ensign's subsidiaries, including Standard Bearer Healthcare REIT, Inc., demonstrating a strategic growth plan in the skilled nursing and senior living services sector.
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The Ensign Group Reports Fiscal Year and Fourth Quarter 2023 Results; Issues 2024 Earnings Guidance

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The Ensign Group, Inc. announced its operating results for the fiscal and fourth quarter of 2023, reporting GAAP diluted earnings per share of $3.65 and adjusted earnings per share of $4.77 for the year. The company also reported consolidated GAAP and adjusted revenues for the year were $3.73 billion, an increase of 23.3% over the prior year. Barry Port, Ensign’s Chief Executive Officer, attributed the success to the efforts and commitment of the leadership teams, caregivers, field resources, and service center partners.
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The Ensign Group Schedules Year-End 2023 Earnings Call for Friday, February 2, 2024

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The Ensign Group, Inc. (Nasdaq: ENSG) is set to release its fourth-quarter and fiscal year 2023 financial results on February 1, 2024. A live webcast will be held on February 2, 2024, where management will discuss the company's performance. Investors are invited to tune in and can access the webcast on the Ensign website. The webcast will be available for replay until March 1, 2024.
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The Ensign Group Acquires Skilled Nursing Facility in Tennessee

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The Ensign Group, Inc. (Nasdaq: ENSG) has acquired the operations of Tristate Health and Rehabilitation Center in Tennessee and Hearthstone Health and Rehabilitation in Nevada. These acquisitions bring Ensign's portfolio to 299 healthcare operations across fourteen states. The company is actively seeking opportunities to acquire real estate and lease well-performing and struggling healthcare businesses throughout the United States.
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The Ensign Group Acquires Skilled Nursing Facility in Nevada

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The Ensign Group, Inc. (Nasdaq: ENSG) has acquired the operations of Hearthstone Health and Rehabilitation in Sparks, Nevada, and TriState Health and Rehabilitation Center in Harrogate, Tennessee. The company now has a portfolio of 299 healthcare operations, including 27 senior living operations, across fourteen states. Ensign is actively seeking opportunities to acquire real estate and lease well-performing and struggling healthcare businesses throughout the United States.
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The Ensign Group, Inc. Increases Quarterly Dividend to $0.06 Per Share

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The Ensign Group, Inc. (Nasdaq: ENSG) declares a quarterly cash dividend of $0.06 per share of Ensign common stock, marking its twenty-first consecutive annual dividend increase. The dividend is payable on or before January 31, 2024, to shareholders of record as of December 31, 2023.
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FAQ

What is the current stock price of The Ensign Group (ENSG)?

The current stock price of The Ensign Group (ENSG) is $134.59 as of December 20, 2024.

What is the market cap of The Ensign Group (ENSG)?

The market cap of The Ensign Group (ENSG) is approximately 7.6B.

What services does The Ensign Group, Inc. provide?

The Ensign Group, Inc. provides skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care services.

How is The Ensign Group, Inc. structured?

The company operates through two segments: Skilled Services and Standard Bearer. The Skilled Services segment includes skilled nursing facilities and rehabilitation therapy services, while the Standard Bearer segment involves property ownership and leasing.

What is the primary source of revenue for Ensign Group?

The majority of revenue is generated from the Skilled Services segment, primarily through Medicare and Medicaid programs.

What recent developments have been announced by The Ensign Group, Inc.?

The company has scheduled a conference call and webcast for May 2, 2024, to discuss its latest financial performance and strategic initiatives.

What is the significance of the Standard Bearer segment?

The Standard Bearer segment focuses on property ownership through a captive REIT, which leases properties to skilled nursing and assisted living operations, providing a steady rental income.

Who are the primary payers for Ensign Group’s services?

Medicare and Medicaid programs are the primary payers for the company’s services.

How does The Ensign Group, Inc. ensure quality care?

The company focuses on operational efficiency and quality care, aiming to meet the growing needs of an aging population through its various service offerings.

Where does The Ensign Group, Inc. operate?

The company operates across the United States, providing post-acute healthcare services through its regional subsidiaries.

What is the role of Ensign’s regional subsidiaries?

The regional subsidiaries oversee the company's operations in skilled nursing, assisted living, home health and hospice, mobile ancillary, and urgent care services.

What can investors expect from the upcoming conference call?

Investors can expect updates on the company’s financial performance, strategic initiatives, and possibly new acquisitions or partnerships.

Stock ENSG logo
The Ensign Group, Inc.

Nasdaq:ENSG

ENSG Rankings

#1007 Ranked by Market Cap
#2108 Ranked by Dividends

ENSG Stock Data

7.63B
55.38M
3.3%
96.6%
3.85%
Medical Care Facilities
Services-skilled Nursing Care Facilities
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United States of America
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