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Pennant Group Inc - PNTG STOCK NEWS

Welcome to our dedicated news page for Pennant Group (Ticker: PNTG), a resource for investors and traders seeking the latest updates and insights on Pennant Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pennant Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pennant Group's position in the market.

Rhea-AI Summary
Pennant Group, Inc. (PNTG) announced the release of its first quarter 2024 financial results on May 6, 2024, with a live webcast scheduled for May 7, 2024. The company invites investors to join the webcast to hear management discuss the results.
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Rhea-AI Summary
The Pennant Group, Inc. (PNTG) will participate in the 2024 Oppenheimer Healthcare MedTech & Services Conference. Lynette Walbom and John Gochnour will host a fireside chat on March 13, 2024, at 10:00 a.m. Eastern Time, accessible via a live webcast on Pennant's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
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Rhea-AI Summary
The Pennant Group, Inc. (PNTG) acquires Capitol Hill Senior Living and Southgate Senior Living in Utah to expand its senior living portfolio. The acquisition includes 113 unit assisted living and memory care community in Salt Lake City and 75 unit assisted living and memory care community in St. George.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.98%
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Rhea-AI Summary
The Pennant Group, Inc. (PNTG) reported strong fiscal year and fourth-quarter results for 2023, with GAAP diluted earnings per share of $0.44 and $0.14, respectively. Total revenue increased by 15.1% for the year, reaching $544.9 million. Net income saw a significant rise, with adjusted net income for the year at $21.9 million. The Home Health and Hospice Services segment showed impressive growth, with revenue up by 15.3% for the full year. Senior Living Services also performed well, with revenue increasing by 14.8%. The company provided 2024 annual guidance, anticipating total revenue between $596.8 million and $633.7 million, adjusted earnings per diluted share between $0.82 and $0.91, and adjusted EBITDA between $46.2 million and $49.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.49%
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Rhea-AI Summary
The Pennant Group, Inc. (NASDAQ: PNTG) announces the release of its fourth quarter and fiscal year 2023 financial results on February 28, 2024, with a live webcast scheduled for February 29. Investors are invited to tune in to hear management discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
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Rhea-AI Summary
The Pennant Group, Inc. (NASDAQ: PNTG) has closed on a home health joint venture with John Muir Health, effective January 1, 2024. The joint venture, majority-owned and managed by a Pennant subsidiary, will provide home health services under the name Muir Home Health in the Bay Area. Pennant Services, Inc., will provide operational and administrative support services for the venture.
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-0.56%
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Rhea-AI Summary
The Pennant Group, Inc. (NASDAQ: PNTG) has acquired Southwestern Palliative Care and Hospice in Yuma, Arizona, expanding its hospice services in the state. The acquisition reflects the company's commitment to growth and community impact.
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Rhea-AI Summary
PNTG: The Pennant Group, Inc. Announces Strong Q3 2023 Results with 18.5% Revenue Increase. Conference Call and Webcast Scheduled for November 8, 2023 at 10:00 am MTEAGLE
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.05%
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Rhea-AI Summary
The Pennant Group, Inc. has acquired Guardian Hospice and Guardian Hospice of Oklahoma, expanding its reach in Texas and Oklahoma. The acquisition will enhance the services offered in rural communities in these states. Pennant plans to continue acquiring home health, hospice, and senior living businesses throughout the United States.
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Rhea-AI Sentiment
End-of-Day
5.02%
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Rhea-AI Summary
The Pennant Group, Inc. (NASDAQ: PNTG) will release its third quarter 2023 financial results on November 7, 2023. A live webcast will be held on November 8, 2023, at 10:00 a.m. MT to discuss the results. The webcast will be available for replay on the company's website until November 7, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
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Pennant Group Inc

Nasdaq:PNTG

PNTG Rankings

PNTG Stock Data

606.25M
26.95M
8.65%
86.91%
1.08%
General Medical and Surgical Hospitals
Health Care and Social Assistance
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Eagle

About PNTG

cornerstone service center, inc. supports the companies of cornerstone healthcare, inc. (which is itself a subsidiary of the ensign group, inc. - nasdaq ensg). cornerstone healthcare, inc. focuses on acquiring, operating, and expanding home health, hospice and private duty companies in the united states with current operations in california, oregon, washington, idaho, utah, arizona, colorado, texas & iowa.