Pennant Group plans Oppenheimer meeting. RBC targets Pennant Group stock at USD 44.00

Published on 10/08/2026 at 16:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Pennant Group stock costs EUR 35.10 on October 8, 2026 after EUR 35.40. Second-quarter earnings per share were USD 0.36 versus USD 0.33 consensus.

PNTG, US70805E1091, Illustration mit AI erstellt.

The Pennant Group (ISIN US70805E1091) was trading at EUR 35.10 on Lang & Schwarz on October 8, 2026. As Markets Insider reported on October 7, management plans to meet with Oppenheimer in Boston on October 13, while RBC had raised its target from USD 42.00 to USD 44.00. The meeting date gives investors a defined near-term corporate event, while the target revision keeps analyst expectations visible.

Three dated company developments

On August 5, 2026, Pennant reported second-quarter revenue of USD 297.98 million and adjusted earnings per share of USD 0.36, according to MarketBeat. On September 16, 2026, GlobeNewswire reported that Pennant had acquired the Mainplace Senior Living real estate in Orange, California, effective September 3, 2026, after operating the community under a triple-net lease since 2019. On October 7, 2026, management's October 13 Oppenheimer meeting was reported by Markets Insider.

What do the targets imply?

MarketBeat said seven of eight covering firms rated the shares Buy, with one Hold and an average 12-month target of USD 41.60. The same report listed RBC at USD 44.00, Wells Fargo at USD 46.00 and Truist Financial at USD 48.00. Those targets are in US dollars and therefore remain separate from the euro reference price.

The operating figures provide the counterweight to the valuation discussion. Second-quarter revenue of USD 297.98 million exceeded the USD 288.71 million consensus by USD 9.27 million, while adjusted earnings per share of USD 0.36 exceeded the USD 0.33 consensus by USD 0.03, according to MarketBeat. The comparison points to revenue delivery above expectations, but the earnings figure remains the more direct measure of quarterly profitability.

Next scheduled company date

Management is scheduled to meet with Oppenheimer in Boston on October 13, 2026, according to Markets Insider. The event is the next dated company-related item identified in the current reporting cycle.

Euro quote stays below prior close

The stock was trading at EUR 35.10 at Lang & Schwarz on October 8, 2026 at 4:03 p.m. CEST, down 0.85 percent versus the Lang & Schwarz prior close of EUR 35.40 on October 7, 2026. On Nasdaq, the share was last quoted at USD 39.28 on October 8, 2026 at 10:13 a.m. ET, with a 52-week range of USD 22.25 to USD 42.74 and market capitalization of USD 1.4 billion.

The further course of trading is shown by the continuously updated real-time quote of Pennant Group stock.