Genesis HealthCare Shares Are Trading Lower After Debt Restructuring Deal, Voluntary Delisting From NYSE
Full Answer
What is Genesis HealthCare's (Gen) stock price today?
Mar 03, 2021 · Genesis Healthcare's Stock Price And Volume Action. Genesis Healthcare (NYSE:GEN) is currently down 28.6% to a price of $0.59. Wednesday the stock has been traded at a volume of 11.08 million ...
What is the symbol for Genesis HealthCare?
Feb 11, 2022 · The Genesis Healthcare, Inc. stock price fell by -2.36% on the last day (Friday, 11th Feb 2022) from $0.19 to $0.19. During the day the stock fluctuated 12.35% from a day low at $0.17 to a day high of $0.19. The price has been going up and down for this period, and there has been a -2.05% loss for the last 2 weeks.
Is Genesis HealthCare's P/E ratio positive or negative?
Mar 30, 2022 · 35.20% of the stock of Genesis Healthcare is held by insiders. A high percentage of insider ownership can be a sign of company health. Percentage Held by Institutions. Only 12.61% of the stock of Genesis Healthcare is held by institutions. Previous Next
What does Genesis HealthCare do?
Mar 04, 2021 · Genesis HealthCare Shares Are Trading Lower After Debt Restructuring Deal, Voluntary Delisting From NYSE Vandana Singh , Benzinga Staff Writer March 03, 2021 12:52pm 1 min read Comments Thousands...
What is going on with Genesis Healthcare?
Last year, Genesis warned investors it was at risk of going out of business. In January, its CEO retired. Now Genesis is engaged in a fundamental restructuring. These changes appear to signal Welltower's move away from traditional skilled nursing/ long-term care facilities to newer, more intensive post-acute care.Mar 3, 2021
Is Genesis Healthcare stock a good buy?
If you are looking for stocks with good return, Genesis Healthcare Inc - Class A can be a profitable investment option. Genesis Healthcare Inc - Class A quote is equal to 4.785 USD at 2022-03-04. Based on our forecasts, a long-term increase is expected, the "GEN" stock price prognosis for 2027-02-24 is 15.208 USD.
Is Genesis Healthcare being delisted?
Genesis HealthCare (NYSE: GEN) on Wednesday announced that it will voluntarily remove itself from the New York Stock Exchange — while also landing a $50 million capital infusion from ReGen Healthcare as part of an ongoing restructuring effort.Mar 3, 2021
Who bought Genesis Healthcare?
On February 2, 2015, Genesis Healthcare merged with California-based Skilled Healthcare Group, Inc. The combined company operated more than 400 skilled nursing and assisted/senior living communities in 34 states and more than 1,800 rehab therapy sites in 47 states.
Why is Genesis share price dropping?
Photo / Alan Gibson. Photo / Alan Gibson. Genesis Energy, New Zealand's largest energy retailer, cut its forecast for annual earnings after losing electricity and gas customers amid increased competition and as wholesale electricity prices declined.Apr 28, 2015
Is Gel a buy or sell?
Out of 4 analysts, 0 (0%) are recommending GEL as a Strong Buy, 1 (25%) are recommending GEL as a Buy, 3 (75%) are recommending GEL as a Hold, 0 (0%) are recommending GEL as a Sell, and 0 (0%) are recommending GEL as a Strong Sell. What is GEL's earnings growth forecast for 2022-2022?
Is Genesis HealthCare in debt?
At the end September, Genesis had a massive debt load of $1.5 billion and owed an additional $2.2 billion under leases with numerous landlords. The company had $4.6 billion in revenue in 2019. In all, Genesis operates 325 nursing homes and assisted-living facilities in 24 states.Mar 4, 2021
Is Genesis HealthCare a publicly traded company?
Genesis HealthCare (NYSE: GEN), the largest publicly traded post-acute and long-term care provider in the country, on Thursday announced that it has received a continued listing standard notice from the New York Stock Exchange after its shares dropped below $1 for more than 30 consecutive trading days.Apr 23, 2020
How many locations does Genesis HealthCare have?
Genesis HealthCare (NYSE: GEN) is a holding company with subsidiaries that, on a combined basis, comprise one of the nation's largest post-acute care providers with more than 400 skilled nursing centers and assisted/senior living communities in 29 states nationwide.
Who is the CEO of Genesis HealthCare?
Robert H Fish (Jan 5, 2021–)Genesis HealthCare / CEO
How were Genesis Healthcare's earnings last quarter?
Genesis Healthcare, Inc. (NYSE:GEN) announced its quarterly earnings data on Monday, November, 9th. The company reported ($0.55) earnings per share...
Who are Genesis Healthcare's key executives?
Genesis Healthcare's management team includes the following people: Mr. Robert H. Fish , CEO & Director (Age 70, Pay $411.5k) Mr. Thomas DiVitto...
Who are some of Genesis Healthcare's key competitors?
Some companies that are related to Genesis Healthcare include The Ensign Group (ENSG) , National HealthCare (NHC) , National Healthcare (NHC) ,...
What other stocks do shareholders of Genesis Healthcare own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Genesis Healthcare investors own include Flaherty & Crumri...
What is Genesis Healthcare's stock symbol?
Genesis Healthcare trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEN."
How much money does Genesis Healthcare make?
Genesis Healthcare has a market capitalization of $0.00 and generates $4.57 billion in revenue each year.
How many employees does Genesis Healthcare have?
Genesis Healthcare employs 44,000 workers across the globe.
What is Genesis Healthcare's official website?
The official website for Genesis Healthcare is www.genesishcc.com .
Where are Genesis Healthcare's headquarters?
Genesis Healthcare is headquartered at 101 EAST STATE STREET, KENNETT SQUARE PA, 19348 .
Signals & Forecast
The Genesis Healthcare, Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.
Support, Risk & Stop-loss
Genesis Healthcare, Inc. finds support from accumulated volume at $0.18 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Genesis Healthcare, Inc. stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
About Genesis Healthcare, Inc
Genesis Healthcare, Inc., together with its subsidiaries, owns and operates skilled nursing facilities and assisted/senior living facilities in the United States. The company operates through three segments: Inpatient Services; Rehabilitation Therapy Services; and Other Services.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
How were Genesis Healthcare's earnings last quarter?
Genesis Healthcare, Inc. (NYSE:GEN) released its quarterly earnings data on Monday, November, 9th. The company reported ($0.55) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by $0.53. The company had revenue of $938.65 million for the quarter.
Who are some of Genesis Healthcare's key competitors?
Some companies that are related to Genesis Healthcare include The Ensign Group (ENSG), National HealthCare (NHC), Five Star Senior Living (FVE), Diversicare Healthcare Services (DVCR) and Genesis Healthcare (GENN). View all of GEN's competitors.
What other stocks do shareholders of Genesis Healthcare own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Genesis Healthcare investors own include Flaherty & Crumrine Preferred Securities Income Fund (FFC), Vaxart (VXRT), Gilead Sciences (GILD), Inovio Pharmaceuticals (INO), AT&T (T), Amarin (AMRN), Government Properties Income Trust (GOV), Advanced Micro Devices (AMD), Bausch Health Companies (BHC) and (CGC)..
What is Genesis Healthcare's stock symbol?
Genesis Healthcare trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEN."
How much money does Genesis Healthcare make?
Genesis Healthcare has a market capitalization of $0.00 and generates $4.57 billion in revenue each year.
Where are Genesis Healthcare's headquarters?
Genesis Healthcare is headquartered at 101 EAST STATE STREET, KENNETT SQUARE PA, 19348.
How can I contact Genesis Healthcare?
Genesis Healthcare's mailing address is 101 EAST STATE STREET, KENNETT SQUARE PA, 19348. The company can be reached via phone at 610-444-6350 or via email at [email protected].
When will the company file its 2020 10-K?
The company expects to file its 2020 Form 10-K by March 16, but it will not distribute a Q4 2020 earnings release or host a conference call.
When will ReGen Healthcare be funded?
ReGen Healthcare also has the option to make an additional debt investment of $25 million exercisable no later than March 31 and to be funded by April 15. As part of the agreement, two Genesis Board Members, John F. DePodesta and Terry Rappuhn have relinquished their current positions.
Does Welltower have a lease with Genesis?
Welltower Inc (NYSE: WELL ) is cutting most ties with beleaguered Genesis HealthCare Inc (NYSE: GEN) and plans to terminate leases with Genesis for 51 of its properties and provide an $86 million lease termination fee upon their successful transition. Additionally, Genesis will conditionally receive approximately $170 million in additional debt ...
About Genesis Healthcare Inc
Genesis HealthCare, Inc., together with its subsidiaries, owns and operates skilled nursing facilities and assisted/senior living facilities in the United States. The company operates through three segments: Inpatient Services, Rehabilitation Therapy Services, and All Other Services.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
GENN Stock Overview
Genesis Healthcare, Inc., together with its subsidiaries, owns and operates skilled nursing facilities and assisted/senior living facilities in the United States.
Valuation
Is Genesis Healthcare undervalued compared to its fair value and its price relative to the market?
Future Growth
How is Genesis Healthcare forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Dividend
What is Genesis Healthcare current dividend yield, its reliability and sustainability?
Management
How experienced are the management team and are they aligned to shareholders interests?
Ownership
Who are the major shareholders and have insiders been buying or selling?
Component Grades
We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now.
GEN Stock Summary
The price/operating cash flow metric for Genesis Healthcare Inc is higher than merely 1.85% of stocks in our set with a positive cash flow.
Latest GEN News From Around the Web
Below are the latest news stories about Genesis Healthcare Inc that investors may wish to consider to help them evaluate GEN as an investment opportunity.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
What's Happening With GEN Stock Today?
Genesis Healthcare Inc (GEN) stock is trading at $0.72 as of 11:42 AM on Wednesday, Jan 13, a rise of $0.05, or 7.46% from the previous closing price of $0.67. The stock has traded between $0.68 and $0.76 so far today. Volume today is elevated. So far 4,370,222 shares have traded compared to average volume of 1,708,535 shares.
More About Genesis Healthcare Inc
Genesis Healthcare Inc is a post-acute care provider in the United States. It focuses on the medical and physical issues facing elderly patients and is provided by the employees of skilled nursing facilities, assisted/senior living communities, integrated and third-party rehabilitation therapy business. The company has three operating segments.
