Ensign Group is a holding company. Through its subsidiaries, Co. provides skilled nursing, senior living and rehabilitative services, as well as other ancillary businesses. Co.'s segments are: skilled services, which includes the operation of skilled nursing facilities and rehabilitation therapy services; and Co.'s subsidiary, Standard Bearer Healthcare REIT, Inc., which includes select properties owned by Co. and leased to skilled nursing and senior living operations, including Co.'s subsidiaries and third-party operators. Co. also reports an all other category that includes its senior living operations, mobile diagnostics, transportation, other real estate and other ancillary operations. We show 57 historical shares outstanding datapoints in our ENSG shares outstanding history coverage, used to compute ENSG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ENSG market cap history over the course of time is important for investors
interested in comparing ENSG's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ENSG versus a peer is one thing; comparing
ENSG market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ENSG can fluctuate over the course of history.
With this page we aim to empower investors researching ENSG by allowing them to research the ENSG market cap history. |
Free ENSG Email Alerts:
Video: The Importance of Market Cap
