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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 Acquires Skilled Nursing Facility in Nevada

Rhea-AI Summary
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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The Ensign Group Acquires Post Acute Care Campus in Texas

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The Ensign Group, Inc. has acquired the real estate and operations of Champions Healthcare at Willowbrook in Houston, Texas. The healthcare campus consists of a 98-bed skilled nursing facility and a 144-bed assisted living facility. The acquisition was made by a subsidiary of Standard Bearer Healthcare REIT, Inc., Ensign's captive real estate company. Ensign now has a total of 297 healthcare operations across thirteen states, including 27 with senior living operations. They are 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 Reports Third Quarter 2023 Results; Raises 2023 Earnings Guidance

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The Ensign Group, Inc. (Nasdaq: ENSG) announced its operating results for Q3 2023, reporting GAAP diluted earnings per share of $1.11 and adjusted earnings per share of $1.20. Consolidated revenues increased by 22.2% over the prior year quarter. The company raised its annual 2023 earnings guidance to between $4.73 to $4.79 per diluted share, representing an increase of 15.0% over 2022 results.
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The Ensign Group Schedules Third Quarter Earnings Call for Thursday, October 26, 2023

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Ensign Group, Inc. to release its third quarter 2023 financial results on October 25, 2023
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The Ensign Group Acquires Skilled Nursing Facility in Kansas

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Ensign Group, Inc. acquires Providence Place in Kansas City
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The Ensign Group, Inc. Declares Quarterly Dividend of $0.0575 Per Share

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Ensign Group declares quarterly cash dividend of $0.0575 per share of Ensign common stock.
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The Ensign Group Acquires Two Skilled Nursing Facilities in South Carolina

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Ensign Group, Inc. acquires two skilled nursing facilities in South Carolina, adding to their growing portfolio of 295 healthcare operations across thirteen states.
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The Ensign Group Acquires Three Assets in Washington

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The Ensign Group, Inc. announced the acquisition of several skilled nursing facilities and real estate properties in Washington and Colorado. The acquisitions will contribute to the company's growing presence in these states and expand its healthcare operations portfolio.
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The Ensign Group Announces Another Acquisition in Colorado

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Ensign Group, Inc. (ENSG) announces acquisition of multiple skilled nursing facilities and senior living operations in Colorado and Washington, expanding its portfolio to 293 healthcare operations across thirteen states. The acquisitions were effective August 1, 2023, with the company actively seeking more opportunities for growth.
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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 $136.81 as of January 22, 2025.

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

The market cap of The Ensign Group (ENSG) is approximately 7.8B.

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

#1018 Ranked by Market Cap
#2110 Ranked by Dividends

ENSG Stock Data

7.84B
55.38M
3.3%
96.72%
4.26%
Medical Care Facilities
Services-skilled Nursing Care Facilities
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United States of America
SAN JUAN CAPISTRANO