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NYSE:THC

Tenet Healthcare (THC) Stock Price, News & Analysis

Tenet Healthcare logo
$258.37 +4.40 (+1.73%)
Closing price 10/2/2026 03:59 PM Eastern
Extended Trading
$256.98 -1.39 (-0.54%)
As of 10/2/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Tenet Healthcare Stock (NYSE:THC)

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Key Stats

Today's Range
$254.98
▼
$260.99
50-Day Range
$242.42
▼
$280.60
52-Week Range
$157.58
▼
$283.05
Volume
549,384 shs
Average Volume
719,347 shs
Market Capitalization
$20.80 billion
P/E Ratio
9.96
Dividend Yield
N/A
Price Target
$277.25
Consensus Rating
Moderate Buy

Company Overview

Tenet Healthcare Corporation is a Dallas-based healthcare services company that operates hospitals, outpatient facilities and other healthcare businesses across the United States. Its operations include acute care hospitals, specialty hospitals, ambulatory surgery centers and related outpatient services.

Through its United Surgical Partners International subsidiary, Tenet is one of the major operators and developers of ambulatory surgery centers in the United States. These facilities provide same-day surgical procedures and other outpatient care across a range of medical specialties. Tenet also provides revenue-cycle management, patient administration and other support services to healthcare organizations through its Conifer Health Solutions business.

The company traces its history to 1967 and was formerly known as National Medical Enterprises before adopting the Tenet Healthcare name in 2003. Tenet’s operations primarily serve communities throughout the United States. Saum Sutaria, M.D., has served as the company’s president and chief executive officer since 2022.

AI Generated. May Contain Errors.

Tenet Healthcare Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
64th Percentile Overall Score

THC MarketRank™: 

Tenet Healthcare scored higher than 64% of companies evaluated by MarketBeat, and ranked 278th out of 887 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tenet Healthcare has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on no strong buy ratings, 18 buy ratings, 3 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Tenet Healthcare is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Tenet Healthcare has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Tenet Healthcare's stock forecast and price target.
  • Earnings Growth

    Earnings for Tenet Healthcare are expected to decrease by -1.09% in the coming year, from $21.04 to $20.81 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tenet Healthcare is 9.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 42.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tenet Healthcare is 9.96, which means that it is trading at a less expensive P/E ratio than the Healthcare sector average P/E ratio of about 214.28.

  • Price to Earnings Growth Ratio

    Tenet Healthcare has a PEG Ratio of 0.99. PEG Ratios around 1 indicate that a company is correctly valued.

  • Price to Book Value per Share Ratio

    Tenet Healthcare has a P/B Ratio of 3.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Tenet Healthcare's valuation and earnings.
  • Percentage of Shares Shorted

    2.53% 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 2.81, 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 6.78%, indicating that investor sentiment is decreasing significantly.
  • 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 Sentiment

    Tenet Healthcare has a news sentiment score of 0.24. 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 lower news sentiment than the 0.44 average news sentiment score of Healthcare companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Tenet Healthcare this week, compared to 5 articles on an average week.
  • Search Interest

    Only 3 people have searched for THC on MarketBeat in the last 30 days. This is a decrease of -84% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Tenet Healthcare to their MarketBeat watchlist in the last 30 days.
  • 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 $35,065,587.00 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.

  • Read more about Tenet Healthcare's insider trading history.
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THC Stock News Headlines

Tenet Healthcare (NYSE:THC) Downgraded by Wall Street Zen to "Buy"
Elon Warns "America Will Go Bankrupt". Trump's Plan Inside.
National debt just crossed 40 trillion dollars, and Elon Musk says America is 1,000% going to go bankrupt without major changes. As former head of the Department of Government Efficiency under President Trump, Musk saw firsthand how looming spending cuts could rattle markets and squeeze 401ks, IRAs, and TSPs. A preserved IRS provision may help everyday investors shield their retirement savings before the next wave of volatility hits.tc pixel
Raymond James Keeps Their Buy Rating on Tenet Healthcare (THC)
See More Headlines

THC Stock Analysis - Frequently Asked Questions

Tenet Healthcare's stock was trading at $198.75 on January 1st, 2026. Since then, THC shares have increased by 30.0% and is now trading at $258.3720.

Tenet Healthcare Corporation (NYSE:THC) released its earnings results on Thursday, July, 23rd. The company reported $6.12 earnings per share for the quarter, beating analysts' consensus estimates of $4.26 by $1.86. The firm's revenue was up 6.8% on a year-over-year basis.
Read the conference call transcript
.

Tenet Healthcare subsidiaries include SurgCenter Development, United Surgical Partners International, European Surgical Partners Ltd., Aspen Healthcare, Emanuel Medical Center, Texas Regional Medical in Sunnyvale, Vanguard Health Systems, and others.

Top institutional shareholders of Tenet Healthcare include CX Institutional (0.03%) and Versant Capital Management Inc. Insiders that own company stock include Saumya Sutaria, James L Bierman, Tammy Romo, Richard J Mark, Nadja West, Paola M Arbour, Meghan Fitzgerald, Cecil D Haney, Christopher S Lynch, Richard W Fisher, Lisa Y Foo, J Robert Kerrey, Roy Blunt, Thomas W Arnst and R Scott Ramsey.
View institutional ownership trends
.

Shares of THC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tenet Healthcare investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

Last Earnings
7/23/2026
Today
10/04/2026
Next Earnings (Confirmed)
10/29/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Healthcare Providers & Services
Sub-Industry
Healthcare Facilities
Current Symbol
NYSE:THC
CIK
70318
Employees
99,000
Year Founded
1969

Price Target and Rating

High Price Target
$309.00
Low Price Target
$225.00
Potential Upside/Downside
+7.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
21 Analysts

Profitability

EPS (Trailing Twelve Months)
$25.93
Trailing P/E Ratio
9.96
Forward P/E Ratio
12.28
P/E Growth
0.99
Net Income
$1.41 billion
Net Margins
10.27%
Pretax Margin
17.72%
Return on Equity
26.76%
Return on Assets
5.55%

Debt

Debt-to-Equity Ratio
2.00
Current Ratio
1.41
Quick Ratio
1.35

Sales & Book Value

Annual Sales
$21.31 billion
Price / Sales
0.98
Cash Flow
$27.69 per share
Price / Cash Flow
9.33
Book Value
$69.19 per share
Price / Book
3.73

Miscellaneous

Outstanding Shares
80,520,000
Free Float
79,738,000
Market Cap
$20.80 billion
Optionable
Optionable
Beta
1.20

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This page (NYSE:THC) was last updated on 10/4/2026 by MarketBeat.com Staff.
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