Welcome to our dedicated page for Pennant Group news (Ticker: PNTG), a resource for investors and traders seeking the latest updates and insights on Pennant Group stock.
The Pennant Group, Inc. (NASDAQ: PNTG) news page on Stock Titan focuses on updates about its home health, hospice, home care and senior living operations across multiple U.S. states. Pennant describes itself as a holding company for independent operating subsidiaries, and its news flow reflects activity at both the corporate and operating levels.
Investors following PNTG can find earnings announcements where the company reports GAAP and adjusted earnings per share, segment revenue and non-GAAP measures such as adjusted EBITDAR and adjusted EBITDA. These releases also highlight operational metrics, including home health admissions, Medicare home health admissions, hospice average daily census, senior living occupancy and average monthly revenue per occupied room.
Corporate development is another key theme in Pennant’s news. The company has issued press releases describing acquisitions of home health, hospice, personal care and outpatient therapy operations, as well as senior living communities. Examples include the purchase of Healing Hearts Home Health and Healing Hearts Outpatient Therapy in Wyoming, acquisitions of senior living communities in Idaho and Wisconsin, and a large transaction with UnitedHealth Group and Amedisys involving home health, hospice and personal care locations in Tennessee, Georgia and Alabama.
Capital structure and financing developments also appear in PNTG news, such as announcements about amendments to its credit facility and the addition of an incremental term loan. In addition, Pennant publishes notices about participation in healthcare and investment conferences, along with details of webcasts for quarterly earnings calls.
By reviewing PNTG news, readers can track how Pennant’s acquisition activity, segment performance, geographic expansion and financing arrangements evolve over time. This page brings together company-issued press releases and related disclosures in one place for convenient reference.
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.
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.
The Pennant Group (NASDAQ: PNTG) has announced its participation in the 2025 Oppenheimer Annual Healthcare MedTech & Services Conference scheduled for March 18, 2025. The company's leadership team, including CEO Brent Guerisoli, CFO Lynette Walbom, and Executive VP Kirk Cheney, will engage in a fireside chat at 10:00 a.m. Eastern Time.
The parent company of affiliated home health, hospice and senior living companies will make the event accessible to investors through a live webcast at investor.pennantgroup.com/events-and-presentations.
Pennant Group (NASDAQ: PNTG) reported strong financial results for Q4 and fiscal year 2024. Total revenue reached $695.2M for the full year, up 27.6%, with Q4 revenue at $188.9M, increasing 29.4% year-over-year.
Key financial metrics include:
- Full-year net income of $22.6M, up 68.6%
- Q4 net income of $5.8M, up 32.4%
- Full-year adjusted EBITDA of $53.3M, up 30.9%
The Home Health and Hospice segment showed significant growth with revenue of $519.5M (+31.7%), while Senior Living segment revenue reached $175.8M (+16.8%). For 2025, management projects revenue between $800.0M-$865.0M and adjusted earnings per diluted share of $1.03-$1.11, representing 13.8% growth at the midpoint.
The Pennant Group (NASDAQ: PNTG), a healthcare services provider, has scheduled its fourth quarter and full year 2024 financial results announcement for Thursday, February 27, 2025. The company will host a live webcast on Friday, February 28, 2025, at 10:00 a.m. Mountain Time (12:00 p.m. Eastern Time) to discuss the results.
The webcast will be accessible through the Investor Relations section of Pennant's website and will remain available for replay until February 27, 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 three premier senior living facilities, effective February 1, 2025. The expansion includes one facility in Idaho under a triple net lease with a purchase option, and two facilities in Texas under a long-term triple net lease.
The acquisitions add 188 units to Pennant's operations, offering both assisted living and memory care services. This strategic move strengthens the company's national presence and aligns with its mission to provide high-quality personalized care for seniors.
CEO Brent Guerisoli emphasized this expansion as a step forward in key markets, while Andrew Rider, President of Pinnacle Senior Living , Pennant's senior living subsidiary, highlighted the company's commitment to delivering exceptional care while pursuing long-term growth.
The Pennant Group (NASDAQ: PNTG) has completed its acquisition of Signature Healthcare at Home assets in Oregon, following the earlier purchase of Signature's Idaho and Washington assets on August 1, 2024. The Oregon acquisition, finalized on January 1, 2025, includes seven locations across the state, complementing Pennant's existing presence in Portland and Grant's Pass.
This two-stage acquisition strengthens Pennant's position as a leading home health and hospice provider in the Pacific Northwest. The company reports a successful integration of the Idaho and Washington operations over the previous two quarters, with management expressing confidence in the cultural alignment between the organizations. Following what they describe as a record-breaking year in 2024, Pennant now operates 122 home health and hospice agencies and 57 senior living communities across 13 states.
The Pennant Group (NASDAQ: PNTG) has announced key leadership changes to its board of directors, effective January 1, 2025. Brent Guerisoli, the company's current CEO since 2022, has been appointed as Chairman of the board, succeeding Barry Smith who will remain on the board and continue as chairman of the nominating and corporate governance committee.
Additionally, Scott Lamb has been appointed as Lead Independent Director. Lamb, who has served on Pennant's board and as chairman of its audit committee since 2019, brings valuable experience from his previous role as CFO of ICU Medical (2008-2020). Guerisoli, who has been with the organization since 2012 and joined the board in 2023, has been recognized for his inspiring leadership, consistent performance, and transparent communication.