Key Highlights

  • A $0.065 quarterly Dividend was declared September 18, payable on or before October 31 to holders of record September 30.
  • Second-quarter GAAP diluted EPS was $1.68, up 16.7% from $1.44, while adjusted diluted EPS was $1.92, up 20.8%.
  • Total Revenue was $1.44 billion, up 17.3% from $1.23 billion in the second quarter of 2025.
  • Annual 2026 adjusted Earnings guidance was raised to $7.75-$7.85 per diluted share from $7.48-$7.62, according to the company.

Overview

The Ensign Group, Inc. (NASDAQ:ENSG) declared a $0.065 quarterly dividend on September 18, 2026, payable on or before October 31 to holders of record on September 30. The dividend yields 0.15%. Second-quarter GAAP diluted EPS was $1.68 and adjusted diluted EPS, a non-GAAP measure, was $1.92, and the company raised its annual 2026 guidance.

Dividend Program and Shareholder Returns

The board declared a quarterly Cash Dividend of $0.0650 per share on September 18, 2026. It is payable on or before October 31, 2026, to shareholders of record on September 30, and it trades ex-dividend on September 30.

The company paid a quarterly cash dividend of $0.065 per share in the second quarter and stated that it plans to continue its long history of paying dividends. Ensign has been a dividend-paying company since 2002. Each dividend remains subject to board approval.

About the Company

The Ensign Group, Inc. is a Holding Company whose independent operating subsidiaries provide skilled nursing, senior living and other healthcare services. Standard Bearer is its real estate business. The company reports both GAAP and adjusted earnings and issues annual adjusted earnings guidance.

Second-Quarter Earnings, Revenue and Raised Guidance

Total revenue was $1,440.5 million, up 17.3% from $1.23 billion in the second quarter of 2025. GAAP Net Income was $99.7 million, or $1.68 per diluted share, compared with $84.4 million, or $1.44, an increase of 16.7%.

Adjusted net income, a non-GAAP measure, was $114.3 million, or $1.92 per diluted share, compared with $93.3 million, or $1.59, an increase of 20.8%.

The company raised annual 2026 adjusted earnings guidance to $7.75-$7.85 per diluted share from $7.48-$7.62, and annual revenue guidance to $5.87-$5.92 billion from $5.81-$5.86 billion.

Occupancy, Skilled Mix and Facility Growth

Same Facility and Transitioning Facility occupancy for the quarter were 84.1% and 84.7%, increases of 2.7% and 2.3% over the prior year quarter, according to the company. Skilled mix revenue increased 10.1% for Same Facilities and 14.0% for Transitioning Facilities.

Medicare revenue increased 9.8% for Same Facilities and 9.6% for Transitioning Facilities. The company stated that it accelerated its growth by adding 20 new operations during the quarter and since, all of which included real estate assets.

Standard Bearer revenue was $44.1 million, an increase of 40.2% over the prior year quarter, and funds from operations were $24.7 million, an increase of 34.6%. Liquidity included $262.3 million of cash on hand and $591.6 million of available capacity under its line of credit.

Outlook

Occupancy, skilled mix and Medicare revenue trends, Acquisition activity, adjusted diluted EPS relative to the $7.75-$7.85 guidance range, and the board's quarterly declarations are the relevant considerations.