$186.320
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ENSG News
ENSG Events
Ensign Group Reports Q3 Revenue of $1.48B
Reports Q3 revenue $1.48B, consensus $1.51B. "We are thrilled to report another outstanding quarter. Our teams continue to demonstrate their unwavering commitment to dignifying post-acute care through moments of truth. Our core values, which our teams refer to using the acronym CAPLICO, create a shared culture that empowers nearly 60,000 partners to lead with compassion, accountability, ownership, and a relentless commitment to excellence. We believe culture is not separate from performance, it is the foundation that makes sustainable clinical, operational and financial performance possible," said Barry Port, Chief Executive Officer of The Ensign Group.
Raises FY Revenue Outlook to $5.89B
Previous view was $7.75-$7.85. Raises lower end of FY revenue view to $5.89B while maintaining upper end at $5.92B, consensus $5.9B.
Diversified Healthcare Trust Signs 15-Year Lease with Ensign Group
Diversified Healthcare Trust (DHC) announced that it has entered into a new 15-year triple net lease with independent operating subsidiaries of The Ensign Group (ENSG) for a portfolio of seven skilled nursing facilities totaling 807 licensed units located in Colorado, effective October 1, 2026. The Ensign Group has guaranteed the lease. Under the new lease, first year annual rent is $8M, substantially greater than the prior year's rent. The net lease structure is expected to significantly reduce DHC's future capital expenditure requirements and operational volatility by shifting property level costs to the tenant, with ongoing cash flows supported by annual rent escalators tied to the Consumer Price Index.
Ensign Group Acquires Four Nursing Facilities in Washington
The Ensign Group announced that it acquired the operations of four facilities in Washington (i) "Burien Nursing and Rehabilitation", a 140-bed skilled nursing facility located in Burien, WA; (ii) "Issaquah Nursing and Rehabilitation", a 140-bed skilled nursing facility located in Issaquah, WA; (iii) "Park Ridge Nursing and Rehabilitation", a 115-bed skilled nursing located in Shoreline, WA; and (iv) "Park West Nursing and Rehabilitation", a 137-bed skilled nursing facility located in Seattle, WA. Each of these facilities is operated by an Ensign affiliated operator and is subject to a long-term triple net lease.
Ensign Group Acquires Multiple Nursing Facilities in Florida
The Ensign Group announced that it expanded into Florida with the acquisition of the following operations: Bay Park Post-Acute and Rehabilitation, a 101-bed skilled nursing facility located in Sarasota, FL; Carrabelle Post-Acute and Rehabilitation, a 90-bed skilled nursing facility located in Carrabelle, FL; Cedar Hill Post-Acute and Rehabilitation, a 120-bed skilled nursing facility located in Jacksonville, FL; Davenport Post-Acute and Rehabilitation, a healthcare campus with 60 skilled nursing beds and 66 independent living units located in Davenport, FL; Greenville Post-Acuteand Rehabilitation, a 58-bed skilled nursing facility located in Greenville, FL; Lake Haven Post-Acute and Rehabilitation, a 104-bed skilled nursing facility located in Dunedin, FL; Monticello Post-Acute and Rehabilitation, a 60-bed skilled nursing facility located in Monticello, FL; and Shores Post-Acute and Rehabilitation, a 120-bed skilled nursing facility located in Port Saint Joe, FL. Each facility is operated by an Ensign affiliated operator and subject to a long-term triple net lease. This acquisition was effective as of October 1.
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