Encompass Health (EHC)
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Encompass Health increases and declares dividend on common stock and announces increase in common stock repurchase authorization
Prnewswire· 2024-07-24 20:27
BIRMINGHAM, Ala., July 24, 2024 /PRNewswire/ -- Encompass Health Corp. (NYSE:EHC) today announced that its board of directors approved an increase in the Company's quarterly dividend of approximately 13% and declared a quarterly cash dividend on its common stock of $0.17 per share, payable on Oct. 15, 2024, to holders of record on Oct. 1, 2024.Encompass Health also announced its board approved resetting the aggregate common stock repurchase authorization to $500 million. The Company repurchased approximatel ...
Encompass Health issues notice for partial redemption of its 5.75% senior notes due 2025
Prnewswire· 2024-07-15 22:06
BIRMINGHAM, Ala., July 15, 2024 /PRNewswire/ -- Encompass Health Corporation (NYSE: EHC) today issued notice for redemption of $150 million of the outstanding principal balance of its 5.75% senior notes due 2025 (the "2025 Notes"). The associated redemption date will be August 15, 2024, and the redemption price will be 100.0% of par, plus accrued and unpaid interest pursuant to the terms of the 2025 Notes. The Company plans to use cash on hand to fund the redemption. As a result of this redemption, the Comp ...
Why Encompass Health (EHC) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-07-13 01:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Encompass Health (EHC) , which belongs to the Zacks Medical - Outpatient and Home Healthcare industry, could be a great candidate to consider.This rehabilitation hospital operator has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 17.44%.For the l ...
Encompass Health announces date of 2024 second quarter earnings call
Prnewswire· 2024-07-12 04:30
BIRMINGHAM, Ala., July 11, 2024 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced it will report results for its second quarter ended June 30, 2024, after the market closes Monday, Aug. 5, 2024. The Company will host an investor conference call at 10 a.m. ET on Tuesday, Aug. 6, 2024, to discuss its results.The conference call may be accessed by dialing 800-579-2543 and entering the conference ID EHCQ224. International callers should dial 785-424-1699 and provide the same conference ID. Plea ...
Encompass Health (EHC), Piedmont Expand Ties to Serve Georgia
ZACKS· 2024-07-10 03:05
Encompass Health Corporation (EHC) recently announced an expansion of its relationship with Piedmont in a bid to include Walton Rehabilitation Hospital, Augusta, GA, in its existing joint venture (JV) agreement. Piedmont is the largest healthcare system in Georgia and has been a long-time partner for Encompass Health.The 70-bed inpatient hospital in Augusta, GA, will aid patients in recovering from amputations, brain injuries, complex orthopedic conditions, spinal cord injuries, and strokes and regain funct ...
Encompass Health and Piedmont announce joint venture to own and operate rehabilitation hospital in Augusta, Georgia
Prnewswire· 2024-07-09 05:20
BIRMINGHAM, Ala. and AUGUSTA, Ga., July 8, 2024 /PRNewswire/ -- Piedmont, the leading healthcare system in the state of Georgia, and Encompass Health (NYSE: EHC), the nation's largest owner and operator of inpatient rehabilitation hospitals, today announced they have expanded their existing joint venture arrangement to include Walton Rehabilitation Hospital, in Augusta, Georgia.The 70-bed inpatient rehabilitation hospital, located at 1355 Independence Drive, was purchased by Encompass Health in 2013. Piedmo ...
Baptist Health Rehabilitation Hospital, a 40-bed inpatient rehabilitation hospital, now open in Kentucky
Prnewswire· 2024-06-25 21:04
The hospital is a joint venture between Baptist Health and Encompass Health. BIRMINGHAM, Ala., and LOUISVILLE, Ky., June 25, 2024 /PRNewswire/ -- Today, Baptist Health and Encompass Health (NYSE: EHC), the nation's largest owner and operator of inpatient rehabilitation hospitals, announce the opening of Baptist Health Rehabilitation Hospital, a 40-bed inpatient rehabilitation hospital located at 11800 Bluegrass Parkway in Louisville, Kentucky. The hospital provides essential rehabilitative services that hel ...
Encompass Health (EHC) Gains 30% in a Year: More Room to Run?
ZACKS· 2024-06-25 02:50
Shares of Encompass Health Corporation (EHC) have gained 30% in the past year compared with the industry’s 15.6% growth. The Medical sector and the S&P 500 composite index rose 5.4% and 26.5%, respectively, in the same time frame. With a market capitalization of $8.5 billion, the average volume of shares traded in the last three months was 0.7 million. Increasing patient volumes and discharge growth, expanding healthcare facility network and strong financial health continue to propel Encompass Health's grow ...
Here's Why Encompass Health (EHC) is a Strong Growth Stock
ZACKS· 2024-06-17 22:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Za ...
Encompass Health (EHC) JV Opens Atlanta Rehabilitation Hospital
zacks.com· 2024-05-25 01:46
Encompass Health Corporation (EHC) recently opened the Rehabilitation Hospital of Atlanta at 1968 Peachtree Road NW. This new 40-bed inpatient rehabilitation hospital is a joint venture (JV) between Encompass Health and Piedmont, the largest healthcare system in the state of Georgia. The new hospital in Atlanta, GA, will help patients recover from amputations, brain injuries, complex orthopedic conditions, spinal cord injuries and strokes and regain function. Patients will receive at least three hours of in ...