occupational and speech therapies
Search documents
The Ensign Group Reports Fiscal Year and Fourth Quarter 2025 Results; Issues 2026 Annual Earnings and Revenue Guidance
Globenewswire· 2026-02-04 21:06
Core Insights - The Ensign Group, Inc. reported record operating results for the fiscal year and fourth quarter of 2025, with GAAP diluted earnings per share of $5.84 and adjusted earnings per share of $6.57 for the year, reflecting increases of 14.1% and 19.5% respectively compared to the previous year [1][6]. Operating Results - The company achieved a record year and quarter in key performance areas, attributing success to the dedication of its healthcare professionals [3]. - Ensign-affiliated facilities outperformed peers in clinical excellence, with a 24% advantage at the state level and 33% at the county level in annual survey results [4]. - Occupancy rates for same-store and transitioning facilities reached all-time highs of 83.8% and 84.9% respectively during the quarter [5]. Financial Performance - GAAP net income for the year was $344.0 million, a 15.4% increase year-over-year, while adjusted net income was $386.6 million, up 20.6% [6]. - Total skilled services revenue was $4.84 billion for the year, marking an 18.7% increase, with quarterly revenue of $1.30 billion, a 20.2% increase [6]. - The company reported a strong liquidity position with approximately $503.9 million in cash and $591.6 million available under its line of credit [8]. Growth and Acquisitions - Ensign added 17 new operations during the quarter, bringing the total acquisitions in 2025 to 51, indicating ongoing growth opportunities in various healthcare markets [8][9]. - The company plans to continue its strategy of acquiring both performing and underperforming operations across multiple states [11]. - Ensign's portfolio now includes 378 healthcare operations across 17 states, with a focus on both leasing and acquiring real estate [11]. Future Guidance - The company issued annual earnings guidance for 2026 of $7.41 to $7.61 per diluted share, representing a 14.3% increase over 2025 results [7]. - Management remains optimistic about organic growth potential, indicating that current occupancy levels allow for sustained earnings and revenue growth even without new acquisitions [7].
The Ensign Group Obtains Real Estate and Operations in Texas
Globenewswire· 2026-02-03 11:00
Group 1 - The Ensign Group, Inc. has acquired the real estate and operations of "Sunset Valley Rehabilitation and Healthcare Center," an 80-bed skilled nursing facility in Littlefield, Texas, effective February 1, 2026 [1][2] - The acquisition was made through Standard Bearer Healthcare REIT, Inc., Ensign's captive real estate company, with operations leased to an Ensign-affiliated tenant [1][3] - In addition, Ensign acquired the operations of "Agave Grove Post Acute," a 225-bed skilled nursing facility in Glendale, Arizona, also effective February 1, 2026 [4][5] Group 2 - These acquisitions expand Ensign's portfolio to 378 healthcare operations, including 47 senior living operations across 17 states [5] - Ensign subsidiaries, including Standard Bearer, own a total of 160 real estate assets [5] - The company is actively seeking further opportunities to acquire real estate and lease both well-performing and struggling skilled nursing and senior living facilities throughout the United States [5]
The Ensign Group Grows Operations in Arizona
Globenewswire· 2026-02-03 11:00
Core Insights - The Ensign Group, Inc. has acquired the operations of "Agave Grove Post Acute", a 225-bed skilled nursing facility in Glendale, Arizona, effective February 1, 2026 [1] - This acquisition is part of Ensign's strategy to expand its portfolio in Arizona, particularly in the Phoenix area [2] - Ensign's portfolio now includes 378 healthcare operations across 17 states, with 47 of those being senior living operations [4] Company Expansion - The acquisition of Agave Grove Post Acute aligns with Ensign's ongoing growth strategy in Arizona, following previous expansions in the state [2] - Ensign is actively seeking additional opportunities to acquire both well-performing and struggling skilled nursing and senior living facilities across the United States [4] Real Estate Operations - The real estate associated with the newly acquired facility was purchased by subsidiaries of Standard Bearer Healthcare REIT, Inc., which is Ensign's captive real estate company [3] - Ensign subsidiaries currently own 160 real estate assets, further solidifying their presence in the healthcare real estate market [4] Service Offerings - Ensign's independent operating subsidiaries provide a wide range of services, including skilled nursing, senior living, and various rehabilitative therapies across 378 healthcare facilities [5]
The Ensign Group Buys Real Estate and Operations in Wisconsin
Globenewswire· 2026-02-03 11:00
Core Insights - The Ensign Group, Inc. has acquired the real estate and operations of "Timber Ridge Health and Rehabilitation," a 48-bed skilled nursing facility in Stevens Point, Wisconsin, effective February 1, 2026 [1][3] - The acquisition is part of Ensign's strategy to expand its presence in the Wisconsin market, following previous acquisitions in 2024 and 2025 [2] - In addition to the Timber Ridge acquisition, Ensign also acquired the operations of "Agave Grove Post Acute," a 225-bed skilled nursing facility in Glendale, Arizona, on the same day [4] Company Expansion - Following these acquisitions, Ensign's portfolio now includes 378 healthcare operations across 17 states, comprising 47 senior living operations [5] - Ensign subsidiaries, including Standard Bearer Healthcare REIT, Inc., own a total of 160 real estate assets [5] - The company is actively seeking further acquisition opportunities in skilled nursing, senior living, and other healthcare-related businesses throughout the United States [5] Community Engagement - The President of Gateway Healthcare LLC emphasized the strong team and reputation of the Timber Ridge facility within the community, indicating a commitment to maintaining high service standards [3]
The Ensign Group Schedules Year End 2025 Earnings Call for Thursday, February 5, 2026
Globenewswire· 2026-02-02 21:36
Core Viewpoint - The Ensign Group, Inc. is set to release its fourth quarter and fiscal year 2025 financial results on February 4, 2026, followed by a conference call on February 5, 2026, to discuss the performance [1][2]. Company Overview - The Ensign Group, Inc. operates independent subsidiaries that provide a wide range of services including skilled nursing, senior living, and various rehabilitative healthcare services across 373 facilities in multiple states [4]. Financial Communication - A live webcast will be available for investors to listen to the discussion of the financial results, which will also be recorded for later access until February 27, 2026 [2][3]. Investor Relations - For further information, investors can visit the Ensign Group's investor relations website [3]. Contact details for investor and media relations are also provided [7].
The Ensign Group, Inc. Increases Quarterly Dividend to $0.0650 Per Share
Globenewswire· 2025-12-19 11:00
Core Viewpoint - The Ensign Group, Inc. has declared a quarterly cash dividend of $0.0650 per share, marking its twenty-third consecutive annual dividend increase, reflecting a strong market position and commitment to shareholder value [1]. Company Overview - The Ensign Group, Inc. operates independent subsidiaries that provide a wide range of skilled nursing and senior living services, as well as physical, occupational, and speech therapies across 373 healthcare facilities in various states including Alabama, California, and Texas [3]. - The company has been a dividend-paying entity since 2002, indicating a long-standing commitment to returning value to shareholders [2]. Financial Information - The dividend is payable on or before January 31, 2026, to shareholders of record as of December 31, 2025 [1].
The Ensign Group Announces Expansion in California
Globenewswire· 2025-08-04 10:00
Core Insights - The Ensign Group, Inc. has acquired multiple skilled nursing and assisted living facilities in California, effective August 1, 2025, expanding its portfolio significantly [1][4] - The acquisitions include eight facilities in California and two additional facilities in Wisconsin and Iowa, adding over 1,200 operational beds/units to Ensign's portfolio [2][3] - Ensign now operates a total of 361 healthcare facilities across 17 states, including 47 senior living operations, and owns 148 real estate assets through its subsidiaries [4][7] Company Strategy - The company emphasizes its long-term commitment to the healthcare community and the populations it serves, particularly the growing senior demographic in California [2] - Ensign is actively seeking further acquisition opportunities in skilled nursing, senior living, and other healthcare-related businesses throughout the United States [4] Facility Details - The newly acquired facilities in California include: - Shoreline Care Center (193 beds, Oxnard) - Buena Vista Care Center (150 beds, Santa Barbara) - Huntington Park Nursing Center (99 beds, Huntington Park) - Additional facilities include Courtyard Health Care Center, Pacific Gardens Nursing and Rehabilitation Center, and others [2][6] - The acquisitions also include Pine Crest Health and Memory Care (120 beds, Wisconsin) and Crystal Heights Care Center (72 beds, Iowa), both operated by Ensign-affiliated tenants [3]
The Ensign Group Schedules Second Quarter Earnings Call for Friday, July 25, 2025
GlobeNewswire News Room· 2025-07-21 21:00
Core Viewpoint - The Ensign Group, Inc. is set to release its second quarter 2025 financial results on July 24, 2025, and will hold a conference call on July 25, 2025, to discuss its performance [1][2]. Company Overview - The Ensign Group, Inc. operates independent subsidiaries that provide a wide range of skilled nursing and senior living services, as well as physical, occupational, and speech therapies across 348 healthcare facilities in multiple states [4]. - The company is involved in investing in and providing rehabilitative and healthcare services, along with real estate [1]. Conference Call Details - A live webcast for investors will take place on July 25, 2025, at 10:00 a.m. Pacific Time (1:00 p.m. Eastern Time) to discuss the second quarter performance [2]. - The webcast will be available for replay on the company's website until August 29, 2025 [3]. Contact Information - For further inquiries, the Ensign Group can be contacted at (949) 487-9500 or via email at ir@ensigngroup.net [5].
The Ensign Group Purchases Skilled Nursing Facility in Texas
GlobeNewswire News Room· 2025-07-02 10:00
Core Insights - The Ensign Group, Inc. has acquired two skilled nursing facilities, expanding its portfolio in the healthcare sector [1][3] - The acquisitions include Duncanville Healthcare and Rehabilitation Center in Texas and Timber Springs Transitional Care in Idaho, increasing the total number of healthcare operations to 348 across 17 states [4] Group 1: Acquisitions - Ensign acquired the real estate of Duncanville Healthcare and Rehabilitation Center, a 124-bed facility, which will be operated by a third-party under a long-term triple net lease [1] - The company also acquired Timber Springs Transitional Care, a 120-bed facility in Boise, Idaho, which will be operated by an Ensign-affiliated tenant [3] Group 2: Portfolio Expansion - Following these acquisitions, Ensign's portfolio now includes 348 healthcare operations, comprising 44 senior living operations [4] - Ensign subsidiaries, including Standard Bearer, own a total of 146 real estate assets [4] Group 3: Strategic Focus - The company is actively seeking further opportunities to acquire real estate and lease both well-performing and struggling skilled nursing and senior living facilities across the United States [4]
The Ensign Group Acquires Two Skilled Nursing Facilities in Idaho
Globenewswire· 2025-06-02 20:05
Core Insights - The Ensign Group, Inc. has acquired two skilled nursing facilities in Coeur d'Alene, Idaho, effective June 1, 2025, expanding its presence in the state [1][2] - The company also acquired Toluca Lake Transitional Care, a 52-bed facility in North Hollywood, California, as part of a larger acquisition involving seven facilities from Providence Home and Community Care [3] - Following these acquisitions, Ensign's portfolio now includes 347 healthcare operations across 17 states, with 44 of those being senior living operations [4] Company Expansion - The acquisitions in Idaho are part of Ensign's strategy to grow its operations in the region, with the CEO expressing excitement about the opportunities in Coeur d'Alene [2] - Ensign's subsidiaries, including Standard Bearer, own a total of 144 real estate assets, indicating a strong foothold in the healthcare real estate market [4] Operational Integration - The President of Pennant Healthcare LLC noted that the new facilities align well with Ensign's culture and operations, suggesting a smooth transition and integration into the existing local cluster [3] - The company is actively seeking further acquisition opportunities in skilled nursing, senior living, and other healthcare-related businesses across the United States [4]