Ensign Group acquires four skilled nursing facilities across three states

Published 02/12/2025, 12:08
Ensign Group acquires four skilled nursing facilities across three states

SAN JUAN CAPISTRANO - The Ensign Group, Inc. (NASDAQ:ENSG) has expanded its healthcare portfolio with the acquisition of four skilled nursing facilities across Kansas, Arizona, and Colorado, the company announced in a press release. The healthcare operator, which boasts a market capitalization of $10.56 billion and has delivered impressive 17.55% revenue growth over the last twelve months, continues its strategic expansion amid strong financial performance.

Effective December 1, 2025, Ensign acquired the real estate and operations of Willow Point Rehabilitation and Nursing Center, a 45-bed facility in Kansas City, Kansas. The property was purchased through Standard Bearer Healthcare REIT, Inc., Ensign’s captive real estate company, and will be operated by an Ensign-affiliated tenant.

In separate transactions on the same day, the company also acquired the operations of Santa Rosa Care Center, a 144-bed skilled nursing facility in Tucson, Arizona, as well as two Colorado facilities: The Rehabilitation Center at Sandalwood (103 beds) in Wheat Ridge and Edgewater Health and Rehabilitation (69 beds) in Lakewood. These three facilities will operate under long-term triple net leases.

"This new facility joins our other recent acquisitions in Kansas and allows us to offer more services to the Kansas City community," said Barry Port, Ensign’s Chief Executive Officer, regarding the Kansas acquisition.

With these additions, Ensign’s portfolio now encompasses 373 healthcare operations, including 47 senior living facilities, across 17 states. The company’s subsidiaries, including Standard Bearer, own 156 real estate assets.

The Ensign Group provides skilled nursing and senior living services, physical, occupational and speech therapies, and other rehabilitative and healthcare services through its network of independent operating subsidiaries. According to InvestingPro data, the company trades at a P/E ratio of 33.16 but maintains strong profitability with a 16.24% gross profit margin. Analysts remain bullish, with five analysts recently revising earnings upward for the upcoming period. For investors seeking deeper insights, Ensign is among 1,400+ US equities featured in comprehensive Pro Research Reports that transform complex Wall Street data into actionable intelligence.

In other recent news, The Ensign Group reported its third-quarter 2025 earnings, surpassing analyst expectations. The company achieved an adjusted earnings per share (EPS) of $1.64, exceeding the projected $1.61. Additionally, Ensign’s revenue reached $1.3 billion, surpassing the anticipated $1.28 billion. RBC Capital responded to these results by raising its price target for The Ensign Group from $177 to $206, while maintaining an "Outperform" rating. The firm cited "record growth" and "strong occupancy" as key factors behind the target increase. Furthermore, The Ensign Group has raised its guidance for 2025, indicating a positive outlook for the future. These developments highlight the company’s strong performance and potential for continued growth.

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