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The Pennant Group (PNTG) Stock News

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The Pennant Group, Inc. reports developments for a holding company whose independent operating subsidiaries provide home health, hospice, home care and senior living services. Company updates commonly cover quarterly operating results, GAAP and non-GAAP earnings measures, segment performance, admissions, census, occupancy, rate trends and investor conference participation.

News also follows Pennant's acquisition and integration activity, including additions to its home health, hospice and senior living network. Completed community transitions, operating subsidiary structure and service continuity are recurring themes across its healthcare services disclosures.

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The Pennant Group (PNTG) acquired the real estate of Mainplace Senior Living in Orange, California, effective September 3, 2026.

Mainplace is a senior living community that a Pennant affiliated subsidiary has operated under a triple-net lease since Pennant’s spin-off in 2019. The purchase is described as consistent with Pennant’s disciplined capital deployment strategy of acquiring senior living real estate at attractive pricing to capture long-term real estate value supported by strong cultural, clinical and operational results at the community.

The company expects pairing its established operating relationship at Mainplace with property ownership to enhance alignment, strengthen long-term operating stability and support “enduring value.” Local leaders, caregivers and the existing operating approach will remain in place, and Pennant plans to continue pursuing complementary real estate investments while maintaining financial discipline and balance-sheet flexibility.

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Pennant Group (NASDAQ:PNTG) announced that it will participate in the 2026 Jefferies Healthcare Services Conference on September 15, 2026. CEO Brent Guerisoli and President/COO John Gochnour will join a fireside chat at 3:00 p.m. Central Time, accessible via live webcast.

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The Pennant Group (NASDAQ: PNTG) reported second quarter 2026 GAAP diluted EPS of $0.25 and adjusted diluted EPS of $0.36. Total revenue was $298.0 million, up 35.8% year over year. Net income attributable to Pennant was $9.1 million, up 28.2%, while adjusted net income reached $12.8 million, up 36.5%. Consolidated adjusted EBITDA was $24.3 million, an increase of 48.2%; adjusted EBITDA prior to noncontrolling interest was $26.1 million, up 51.0%.

Home health and hospice revenue rose 43.2% to $237.8 million, with home health admissions up 62.3% and hospice average daily census up 40.1%. Senior living revenue grew 12.6% to $60.2 million, with same-store occupancy up 150 bps and same-store average monthly revenue per occupied room up 5.5%. For 2026, management now anticipates total revenue of $1,171.1–$1,190.1 million, adjusted EPS of $1.34–$1.41, adjusted EBITDA of $94.4–$98.0 million and adjusted EBITDA prior to NCI of $101.5–$105.1 million.

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Pennant Group (NASDAQ: PNTG) announced that effective August 1, 2026 it acquired the real estate and operations of Inspirations of River Centre Senior Living, now renamed River Centre Assisted Living, a 63-unit assisted living community in Tucson, Arizona.

According to Pennant, River Centre Assisted Living operates in a strong and growing market and is expected to add scale and opportunity to its senior living portfolio. The community will continue to focus on personalized care, meaningful engagement, and locally led operations. Pennant’s leadership emphasized supporting the existing team, maintaining continuity of care for residents, and ensuring a seamless operational integration in partnership with residents, families, employees, and onsite leadership.

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Pennant Group (NASDAQ:PNTG) plans to release its second quarter 2026 financial results on Wednesday, August 5, 2026. A live webcast with management to discuss these results will be held on Thursday, August 6, 2026 at 10:00 a.m. Mountain Time, accessible via the company’s investor relations website.

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Pennant Group (NASDAQ:PNTG) and Hartford HealthCare are expanding their strategic collaboration to advance home-based care in Connecticut. The partners plan mutual investment and a transition into a unified, forward-looking operating entity.

Since May 2024, the collaboration has driven Hartford HealthCare at Home’s first-ever 4-star CMS rating, expanded patient access, and improved clinical and operational performance.

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Pennant Group (NASDAQ:PNTG) has assumed operations of Memory Care of Contra Costa, a 46-unit memory care community in Pleasant Hill, California, effective June 1, 2026. This is Pennant’s first senior living expansion into California since 2019 and is structured as a triple net lease.

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Pennant Group (NASDAQ:PNTG) will participate in the 2026 RBC Global Healthcare Conference on May 20, 2026. Senior executives, including the President and COO, CFO, and President of Senior Living, will join a fireside chat at 9:30 a.m. ET, available via live webcast.

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Pennant Group (NASDAQ:PNTG) announced the acquisition of the real estate and operations of Copper Canyon Memory Care, an established senior living community in Tucson, Arizona.

The deal adds 40 memory care units to Pennant’s Arizona footprint and is framed as a disciplined, scale-focused expansion in the state’s senior housing market.

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Pennant (NASDAQ: PNTG) reported Q1 2026 results: revenue $285.4M (+36.0% YoY), GAAP diluted EPS $0.24 and adjusted diluted EPS $0.32. Net income was $8.5M and adjusted net income was $11.5M. Home health admissions rose to 30,721 (+62.7%) and hospice average daily census reached 5,199 (+37.0%). The company signaled ongoing integration of acquired southeastern operations and scheduled a conference webcast for May 7, 2026.

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FAQ

What is the current stock price of The Pennant Group (PNTG)?

The Pennant Group (PNTG) last closed at $41.87.

What is the market cap of The Pennant Group (PNTG)?

The market cap of The Pennant Group (PNTG) is approximately $1.5B.