Enhabit Shareholders Approve Merger and Transition to Private

An announcement from Enhabit, Inc ( (EHAB) ) is now available.

At a special meeting of stockholders held on May 12, 2026, Enhabit, Inc. shareholders voted to adopt a merger agreement under which Anchor Merger Sub, Inc. will merge with Enhabit, leaving Enhabit as a wholly owned subsidiary of Anchor Parent, LLC. Approximately 71% of Enhabit’s outstanding common stock was represented at the meeting, and the merger proposal passed with 36,311,910 votes in favor, 18,275 against and 10,917 abstentions.

Shareholders also approved, on a non-binding basis, a proposal regarding merger-related compensation for Enhabit’s named executive officers, with 33,086,210 votes for, 3,030,210 against and 224,682 abstentions. The parties plan to complete the merger on May 15, 2026, after which Enhabit’s common stock will be delisted from the New York Stock Exchange and cease trading, meaning existing public shareholders will no longer hold a publicly traded security and the company will transition to private ownership under Anchor Parent, LLC.

The most recent analyst rating on (EHAB) stock is a Hold with a $13.80 price target. To see the full list of analyst forecasts on Enhabit, Inc stock, see the EHAB Stock Forecast page.

Spark’s Take on EHAB Stock

According to Spark, TipRanks’ AI Analyst, EHAB is a Neutral.

EHAB scores in the mid-range primarily due to improving financial performance (strong revenue rebound, positive EBIT, solid free cash flow, and lower leverage), supported by a constructive technical trend. The score is capped by still-slightly negative net profitability and meaningful gross margin compression, with corporate-event risk from merger-related litigation despite progress toward deal completion.

To see Spark’s full report on EHAB stock, click here.

More about Enhabit, Inc

Enhabit, Inc. operates in the healthcare sector, providing home health and hospice services across the United States. The company focuses on delivering post-acute care in patients’ homes, targeting individuals who require ongoing medical and rehabilitative support outside of hospital settings.

Average Trading Volume: 1,558,197

Technical Sentiment Signal: Buy

Current Market Cap: $706.4M

For an in-depth examination of EHAB stock, go to TipRanks’ Overview page.