Stock events for The Pennant Group, Inc. (PNTG)
Pennant expanded its portfolio with the acquisition of a senior living community in Arizona on April 1, 2025. The company announced its First Quarter 2025 Earnings Release and Call on April 21, 2025, reporting a record-breaking quarter with a 33.7% increase in revenue. On August 6, 2025, Pennant Group reported its second-quarter 2025 earnings, exceeding analyst consensus and raising its full-year 2025 guidance. The Pennant Group participated in the 2025 Jefferies Healthcare Services Conference on September 11, 2025. On October 2, 2025, Pennant completed the purchase of home health, hospice, and personal care operations from UnitedHealth Group and Amedisys. The stock experienced a 3.4% drop around October 7, 2025, due to broader market concerns. Jefferies initiated coverage on The Pennant Group with a "Buy" rating on October 21, 2025, leading to a stock price increase. MarketBeat reported a consensus recommendation of "Hold" on October 23, 2025. Pennant announced its Third Quarter 2025 Earnings Release and Call on October 24, 2025. Jefferies reiterated its "Buy" rating, RBC Capital raised its price target, and Truist Securities reiterated a Hold rating on October 24, 2025.
Demand Seasonality affecting The Pennant Group, Inc.’s stock price
The demand for at-home care services, including those provided by The Pennant Group, typically exhibits seasonality. The winter holidays are generally the busiest times, while summers can be mixed, with some providers experiencing a slump due to "snowbirds" returning north. Summer can also lead to increased demand as families identify a need for in-home care services. Home care providers often use the summer months for staff retraining and program development.
Overview of The Pennant Group, Inc.’s business
The Pennant Group, Inc. operates in the Health Care sector, focusing on Medical/Nursing Services and Long-Term Care Facilities. The company provides personalized, high-quality care in the post-acute care sector through two segments: Home Health and Hospice Services, which includes clinical care and support for terminally ill patients, and Senior Living Services, which operates assisted living, independent living, and memory care communities.
PNTG’s Geographic footprint
The Pennant Group, Inc. has a presence across multiple U.S. states, including Alabama, Arizona, California, Colorado, Connecticut, Georgia, Idaho, Montana, Nevada, Oklahoma, Oregon, Tennessee, Texas, Utah, Washington, Wisconsin, and Wyoming. The company is headquartered in Eagle, Idaho.
PNTG Corporate Image Assessment
Specific events directly impacting The Pennant Group's brand reputation in the past year were not explicitly detailed. However, consistent revenue growth, strategic acquisitions, and positive analyst ratings generally contribute to a favorable perception. The company's focus on clinical quality, patient satisfaction, and a supportive environment for clinicians suggests a commitment to maintaining a strong reputation.
Ownership
The ownership structure of The Pennant Group, Inc. is primarily dominated by institutional investors, holding a significant stake. Individual insiders own a smaller percentage of the shares, while the general public and other individual investors hold the remaining stock. Major institutional shareholders include FMR LLC, Van Berkom & Associates Inc., 8 Knots Management, LLC, Blackrock, Inc., Vanguard Group Inc., Ophir Asset Management Pty Ltd., Paradigm Capital Management Inc/NY, Geode Capital Management, LLC, State Street Corp., and Wasatch Advisors LP.
Ask Our Expert AI Analyst
Price Chart
$25.05