Pennant Group Inc Stock Price, News & Analysis

Pennant Group (NASDAQ: PNTG) has completed the acquisition of Healing Hearts Home Health and Healing Hearts Outpatient Therapy in Wyoming, effective September 1, 2025. The acquisition expands Pennant's service area to include communities in Gillette and Moorcroft, enhancing their healthcare delivery network in Eastern Wyoming.

The acquired businesses will maintain their original branding and continue providing home health and outpatient therapy services. This strategic expansion aligns with Pennant's local operating model and strengthens their presence in the Intermountain West region, focusing on delivering professional and personalized healthcare services to Wyoming residents.

Pennant Group (NASDAQ: PNTG) reported strong Q2 2025 financial results, with total revenue reaching $219.5 million, up 30.1% year-over-year. The company achieved GAAP diluted EPS of $0.20 and adjusted diluted EPS of $0.27.

Key performance metrics include net income of $7.1 million (up 24.5%) and consolidated Adjusted EBITDA of $16.4 million (up 24.5%). The Home Health and Hospice segment saw revenue increase 32.5% to $166.0 million, while Senior Living Services revenue grew 23.1% to $53.5 million.

Management updated 2025 guidance, projecting full-year revenue between $852.8-$887.6 million and adjusted EPS of $1.09-$1.15, representing 19.1% growth over 2024. The guidance factors in expenses related to the pending UnitedHealth Group and Amedisys transaction.

Pennant Group (NASDAQ: PNTG), a healthcare services provider specializing in home health, hospice, and senior living services, has scheduled its second quarter 2025 earnings release for August 6, 2025.

The company will host a live webcast on August 7, 2025, at 10:00 a.m. Mountain Time where management will discuss Q2 results. The webcast will be available for replay through August 6, 2026, on the company's investor relations website.

Pennant operates through independent subsidiaries across 13 states, including Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming.

Pennant Group (NASDAQ: PNTG) has announced the acquisition of GrandCare Health Services, a premier home health agency in Southern California. The acquired entity, to be rebranded as GrandCare Home Health, provides services across Los Angeles, Orange, Riverside, and San Diego counties.

The strategic acquisition strengthens Pennant's presence in California markets where it already maintains significant senior living operations. GrandCare is recognized for its clinical excellence, strong star ratings, low hospitalization rates, high employee engagement, and innovative technology approach.

The transaction aligns with Pennant's strategy to expand its home health services footprint and build a comprehensive continuum of care in Southern California. Current patients will maintain continuity of care while benefiting from Pennant's additional resources and expertise. Montauk AI served as the placement agent for the transaction.

CareTrust REIT (NYSE:CTRE) has secured a new $500 million unsecured term loan, expanding its existing $1.2 billion credit facility. The term loan, maturing in May 2030, includes an accordion feature allowing up to $800 million in additional borrowing capacity. The company plans to use the funds to pay off its $475 million revolver balance, fund acquisitions, and support general corporate purposes. Additionally, CareTrust announced two strategic hires: Roger Laty as SVP of Tax, bringing 30 years of real estate tax expertise, and Derek Bunker as SVP of Strategy and Investor Relations, with extensive healthcare services experience. These moves strengthen CareTrust's position for continued growth in its healthcare portfolio across the US and UK markets.

The Pennant Group (NASDAQ: PNTG) has appointed Suzanne D. Snapper to its board of directors following a shareholder vote. Snapper, who currently serves as Chief Financial Officer of Ensign Group (NASDAQ: ENSG) since 2009, brings extensive experience in healthcare financial management. She oversees Ensign's accounting, finance, IT, tax, internal controls, investor relations, managed care, and treasury functions. Her background includes over a decade at KPMG (1996-2007) and she is a certified public accountant.

Snapper succeeds JoAnne Stringfield, who served on Pennant's board from 2019 to 2025. The appointment maintains the board size at eight directors, with Snapper serving as a Class III director eligible for reelection in 2028.

Pennant Group (NASDAQ: PNTG) reported strong Q1 2025 financial results with significant growth across all segments. Total revenue increased 33.7% to $209.8 million, while net income grew 58.5% to $7.8 million. The company's Home Health and Hospice segment showed remarkable performance with revenue up 37.2% to $159.9 million. Total home health admissions increased 28.9% to 18,878, and hospice average daily census grew 28.1% to 3,794. The Senior Living Services segment also demonstrated solid growth with revenue increasing 23.6% to $50.0 million, maintaining a 78.5% occupancy rate and achieving an 11.3% increase in average monthly revenue per occupied room to $5,193. GAAP diluted EPS was $0.22, while adjusted diluted EPS reached $0.27 for the quarter.

The Pennant Group (NASDAQ: PNTG), a healthcare services provider, has scheduled the release of its first quarter 2025 financial results for Tuesday, May 6, 2025. The company will host a live webcast on Wednesday, May 7, 2025, at 10:00 a.m. Mountain Time to discuss the quarterly results.

The webcast will be accessible through the Investor Relations section of Pennant's website and will remain available for replay until May 7, 2026. Pennant operates through independent subsidiaries providing home health, hospice, and senior living services across 13 states, including Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming.

The Pennant Group (NASDAQ: PNTG) has announced the acquisition of a senior living community in Arizona, expanding its portfolio with both real estate and operations. The newly acquired facility adds 128 units to Pennant's Arizona operations, offering assisted living and memory care services.

This marks Pennant's fourth senior living community acquisition in 2025 and their first real estate purchase for the year. The expansion reinforces the company's commitment to providing high-quality care services in Arizona, with a focus on creating active and supportive communities for seniors.

Under the leadership of Pennant's CEO Brent Guerisoli and Pinnacle Senior Living President Andrew Rider, the company plans to revitalize the community while ensuring a smooth transition for residents, families, and staff.