Shares of The Ensign Group, Inc. (ENSG) have gained 50.4% in the past year compared with the industry's 50.1% growth. The Medical sector and the S&P 500 composite index grew 11% and 27.2%, respectively, in the same time frame. With a market capitalization of $8.4 billion, the average volume of shares traded in the last three months was 0.4 million. An extensive healthcare network, acquisitions of healthcare facilities and a notable financial position continue to drive Ensign Group. An optimistic 2024 busine ...

TORONTO, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited ("Fairfax") (TSX: FFH and FFH.U) announces that it has acquired, through its insurance company subsidiaries, 271,100 common shares ("Common Shares") of Ensign Energy Services Inc. ("Ensign") at a price of C$2.4238 per Common Share for an aggregate purchase price of approximately C$657,092.18 through the facilities of the Toronto Stock Exchange (the "Share Purchase"). The Share Purchase represents approximately 0.15% of the issued ...

The stock market is currently in a rotation. Traders are moving capital from aggressive growth and technology names to find safety in other sectors of the market. Healthcare has been one of the beneficiaries of this switch. People tend to get sick and need medical care regardless of what's going on with the economy. In addition, America's aging demographics will invariably lead to higher healthcare spending over time. While the long-term case for healthcare makes sense, valuations are starting to get out of ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style ...

SAN JUAN CAPISTRANO, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the EnsignTM group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the real estate and operations of Greater Southside Health and Rehabilitation, an 76-bed skilled nursing facility located in Des Moines, Iowa. ...

SAN JUAN CAPISTRANO, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the EnsignTM group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of City Park Healthcare and Rehabilitation Center, a 125-bed skilled nursing facility located in Denver, Colorado. This acquisi ...

SAN JUAN CAPISTRANO, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the EnsignTM group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired the operations of City Park Healthcare and Rehabilitation Center, a 125-bed skilled nursing facility located in Denver, Colorado. This acquisi ...

SAN JUAN CAPISTRANO, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the EnsignTM group of companies, which invest in and provide skilled nursing and senior living services, physical, occupational and speech therapies, other rehabilitative and healthcare services, and real estate, announced today that it acquired Holly Heights Care and Rehabilitation, a 133-bed skilled nursing facility located in Denver, Colorado. The real estate will be acquired by a s ...

Shares of The Ensign Group, Inc. (ENSG) gained 7.2% since it reported second-quarter 2024 results on Jul 25, 2024. Strong quarterly results benefited from improved occupancy, skilled mix days, and higher skilled service revenues. However, declining cash flow from operations and a rise in overall expenses acted as a partial offset. ENSG reported a second-quarter 2024 adjusted earnings per share (EPS) of $1.32, which beat the Zacks Consensus Estimate by 2.3%. The bottom line increased 13.8% year over year. Q2 ...

Company Participants Tao Qiu - Macquarie Scott Fidel - Stephens Ben Hendrix - RBC Capital Markets Chad Keetch Barry Port Due to our solid results, including our stable skilled mix and growing occupancy as well as continued strength from our recent acquisitions, we are increasing and narrowing our annual 2024 earnings guidance to between $5.38 to $5.50 per diluted share, up from $5.29 to $5.47 per diluted share. This new midpoint of our 2024 earnings guidance represents an increase of more than 14% over our ...