SAN JUAN CAPISTRANO, Calif., July 02, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ 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 Timber Springs Transitional Care, a 120-bed skilled nursing facility located in Boise, Idaho. The real estate ...

SAN JUAN CAPISTRANO, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ 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 Ironwood Rehabilitation and Care Center, an 80-bed skilled nursing facility located in Coeur d’Alene, Idaho and Lakeside Reha ...

SAN JUAN CAPISTRANO, Calif., June 02, 2025 (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 Toluca Lake Transitional Care, a 52-bed skilled nursing facility located in North Hollywood, California. The real estate wil ...

SAN JUAN CAPISTRANO, Calif., May 13, 2025 (GLOBE NEWSWIRE) -- The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign™ 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 will participate in the 2025 RBC Capital Markets Global Healthcare Conference on May 20, 2025. Barry Port, Chief Executive Officer; Chad Keetch, Chief In ...

Core Insights - The Ensign Group, Inc. reported strong operating results for Q1 2025, with GAAP diluted earnings per share of $1.37 and adjusted earnings per share of $1.52, reflecting increases of 15.1% and 16.9% respectively compared to the prior year quarter [4][5]. Financial Performance - GAAP net income for the quarter was $80.3 million, up 16.6% year-over-year, while adjusted net income reached $89.0 million, an 18.0% increase [5]. - Consolidated revenue for the quarter was $1.17 billion, representing a 16.1% increase from the previous year [5]. - The company experienced significant growth in occupancy rates, with same store occupancy increasing to 82.6% and transitioning occupancy to 83.5%, both new highs [4][5]. Growth and Acquisitions - The company added 47 new operations since 2024, with 19 new operations added in the latest quarter alone, indicating a robust acquisition strategy [8][9]. - Ensign's portfolio now consists of 343 healthcare operations across 17 states, with a focus on both leasing and acquiring real estate [12][13]. Guidance and Future Outlook - Following a strong first quarter, the company raised its annual 2025 earnings guidance to between $6.22 and $6.38 per diluted share, which is a 14.5% increase over 2024 results [7]. - Annual revenue guidance was also increased to $4.89 billion to $4.94 billion, reflecting confidence in continued growth and acquisitions [7]. Operational Highlights - The skilled daily census increased by 7.6% and 9.9% for same store and transitioning operations respectively compared to the prior year quarter [5]. - Managed care census grew by 8.9% and 15.6% for same store and transitioning operations respectively, highlighting the company's operational strength [5]. Dividend and Share Repurchase - The company paid a quarterly cash dividend of $0.0625 per share and completed a $20 million share repurchase program, demonstrating strong liquidity and commitment to returning value to shareholders [14].

Core Insights - The Ensign Group, Inc. has acquired operations of Alamitos West Health and Rehabilitation, a 142-bed skilled nursing facility, and Katella Senior Living Community, a 68-unit senior living facility, both located in Los Alamitos, California, effective April 1, 2025 [1][2] - In a separate transaction, Ensign acquired the real estate and operations of Pacific Haven Subacute and Healthcare Center, a 99-bed skilled nursing facility in Garden Grove, California, with real estate assets purchased by Standard Bearer Healthcare REIT, Inc. [3][4] - The recent acquisitions expand Ensign's portfolio to 343 healthcare operations, including 44 senior living operations across 17 states, with 143 real estate assets owned by its subsidiaries [5][6] Company Strategy - Ensign's CEO expressed enthusiasm about adding these operations to their mature market, indicating a focus on building upon existing strengths [2] - The company aims to enhance clinical excellence in the newly acquired facilities by leveraging proven operating principles [3] - Ensign is actively seeking further acquisition opportunities in skilled nursing, senior living, and healthcare-related businesses throughout the United States [5]

Core Insights - The Ensign Group, Inc. has announced the acquisition of multiple healthcare facilities, expanding its portfolio in the skilled nursing and senior living sectors [1][2][4] Group 1: Acquisitions - Ensign acquired Emilie Court Assisted Living, a 60-unit facility in Spokane, Washington, and Mother Joseph Care Center, a 152-bed skilled nursing facility in Olympia, Washington, both under long-term triple net leases [1][2] - In a separate transaction, Ensign acquired Pacific Haven Subacute and Healthcare Center, a 99-bed skilled nursing facility in Garden Grove, California, with operations managed by an Ensign-affiliated tenant [2] - Additional acquisitions include Alamitos West Health and Rehabilitation, a 142-bed skilled nursing facility, and Katella Senior Living Community, a 68-unit facility, both located in Los Alamitos, California, also under long-term triple net leases [3] Group 2: Portfolio Expansion - As of April 1, 2025, Ensign's portfolio includes 343 healthcare operations, comprising 44 senior living operations across 17 states [4] - Ensign subsidiaries, including Standard Bearer, own a total of 143 real estate assets [4] - The company is actively seeking further acquisition opportunities in skilled nursing, senior living, and other healthcare-related businesses throughout the United States [4]

Core Insights - The Ensign Group, Inc. has acquired the real estate and operations of Pacific Haven Subacute and Healthcare Center, a 99-bed skilled nursing facility in Garden Grove, California, effective April 1, 2025 [1] - The acquisition is part of Ensign's strategy to expand its footprint in mature markets and enhance the portfolio of its subsidiary, Standard Bearer Healthcare REIT, Inc. [2] - In addition to Pacific Haven, Ensign also acquired the operations of Alamitos West Health and Rehabilitation, a 142-bed skilled nursing facility, and Katella Senior Living Community, a 68-unit senior living facility, both located in Los Alamitos, California [3] - Standard Bearer also acquired the real estate for Emilie Court Assisted Living, a 60-unit senior living facility in Spokane, Washington, and Mother Joseph Care Center, a 152-bed skilled nursing facility in Olympia, Washington, both under long-term triple-net leases [4] - These acquisitions increase Ensign's portfolio to 343 healthcare operations, including 44 senior living operations across 17 states, with 143 real estate assets owned by its subsidiaries [5] Company Strategy - Ensign is actively seeking opportunities to acquire real estate and lease both well-performing and struggling skilled nursing, senior living, and other healthcare-related businesses throughout the United States [5] - The company aims to continue the legacy of high-quality care at the newly acquired facilities, emphasizing the importance of clinical reputation and community partnerships [3]