Tenet Healthcare (THC) Stock Price, News & Analysis

Company Overview

Tenet Healthcare Corporation (NYSE: THC) is a diversified American healthcare services company that owns and operates acute care hospitals and a broad range of outpatient facilities. Its portfolio includes general acute-care hospitals, specialty hospitals, ambulatory surgery centers, urgent care and diagnostic imaging centers, and other ancillary service locations. Tenet’s operations are oriented around delivering inpatient and outpatient clinical care across multiple medical specialties, with an emphasis on surgical services, emergency care, and advanced diagnostics.

In addition to facility-based care, Tenet provides integrated services designed to support clinical operations and improve patient access and care coordination. These services include physician practice partnerships and networks, outpatient surgery and imaging services, and programs aimed at enhancing clinical quality, patient experience and operational efficiency. The company works with payors, health systems and physicians to implement care models that address both fee-for-service and value-based reimbursement environments.

Headquartered in Dallas, Texas, Tenet’s facilities and services are concentrated across the United States. The company has grown and evolved through a combination of facility development, acquisitions and strategic partnerships to expand its geographic footprint and service offerings. Tenet continues to invest in clinical programs, technology and care delivery models intended to advance outcomes and access for the communities it serves while navigating the regulatory and market dynamics of the U.S. healthcare system.

Key Stats

• Today's Range: $161.79 to $167.60
• 50-Day Range: $160.87 to $201.95
• 52-Week Range: $146.60 to $247.21
• Volume: 1.25 million shs
• Average Volume: 1.42 million shs
• Market Capitalization: $14.35 billion
• P/E Ratio: 8.66
• Dividend Yield: N/A
• Price Target: $244.16
• Consensus Rating: Moderate Buy

Tenet Healthcare Stock Analysis - MarketRank™

Tenet Healthcare scored higher than 89% of companies evaluated by MarketBeat, and ranked 64th out of 857 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Tenet Healthcare has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on no strong buy ratings, 18 buy ratings, 4 hold ratings, and no sell ratings.

Upside Potential

Tenet Healthcare has a consensus price target of $244.16, representing about 46.6% upside from its current price of $166.57.

Amount of Analyst Coverage

Tenet Healthcare has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 0.11%

Earnings Growth

Earnings for Tenet Healthcare are expected to grow by 0.11% in the coming year, from $17.61 to $17.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Tenet Healthcare is 8.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tenet Healthcare is 8.66, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 24.56.

Price to Earnings Growth Ratio

Tenet Healthcare has a PEG Ratio of 1.33. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Tenet Healthcare has a P/B Ratio of 2.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.84% of the float of Tenet Healthcare has been sold short.

Short Interest Ratio / Days to Cover

Tenet Healthcare has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tenet Healthcare has recently increased by 31.08%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Tenet Healthcare does not currently pay a dividend.

Dividend Growth

Tenet Healthcare does not have a long track record of dividend growth.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.37

News Sentiment

Tenet Healthcare has a news sentiment score of 1.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 13 news articles for Tenet Healthcare this week, compared to 6 articles on an average week.

Search Interest

Only 9 people have searched for THC on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Tenet Healthcare to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Tenet Healthcare insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,976,589.00 in company stock.

Percentage Held by Insiders

0.97% of the stock of Tenet Healthcare is held by insiders.

Percentage Held by Institutions

95.44% of the stock of Tenet Healthcare is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 4/30/2026
• Today: 6/09/2026
• Next Earnings (Estimated): 7/28/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: MED - HOSPITALS
• Sub-Industry: Health Care Facilities
• Current Symbol: NYSE:THC
• CIK: 70318
• Web: www.tenethealth.com
• Phone: (469) 893-2200
• Fax: 469-893-8600
• Employees: 99,000
• Year Founded: 1969

Price Target and Rating

• Average Price Target for Tenet Healthcare: $244.16
• High Price Target: $288.00
• Low Price Target: $210.00
• Potential Upside/Downside: +46.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.82
• Research Coverage: 22 Analysts

Profitability

• EPS (Trailing Twelve Months): $19.23
• Trailing P/E Ratio: 8.66
• Forward P/E Ratio: 9.46
• P/E Growth: 1.34
• Net Income: $1.41 billion
• Net Margins: 7.94%
• Pretax Margin: 14.76%
• Return on Equity: 25.55%
• Return on Assets: 5.15%

Debt

• Debt-to-Equity Ratio: 1.96
• Current Ratio: 1.36
• Quick Ratio: 1.30

Sales & Book Value

• Annual Sales: $21.31 billion
• Price / Sales: 0.67
• Cash Flow: $28.33 per share
• Price / Cash Flow: 5.88
• Book Value: $69.19 per share
• Price / Book: 2.41

Miscellaneous

• Outstanding Shares: 86,140,000
• Free Float: 85,301,000
• Market Cap: $14.35 billion
• Optionable: Optionable
• Beta: 1.28