Community Health Systems Stock Forecast, Price & News

Community Health Systems' stock was trading at $3.56 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CYH stock has increased by 14.9% and is now trading at $4.09.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Community Health Systems in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
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Community Health Systems is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Community Health Systems.

Community Health Systems (NYSE:CYH) released its quarterly earnings results on Tuesday, July, 28th. The company reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of ($1.22) by $2.07. The company earned $2.52 billion during the quarter, compared to analyst estimates of $2.49 billion. The company's revenue for the quarter was down 23.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.47) EPS.
View Community Health Systems' earnings history.

5 Wall Street analysts have issued 1 year price objectives for Community Health Systems' shares. Their forecasts range from $3.50 to $8.00. On average, they anticipate Community Health Systems' stock price to reach $5.50 in the next twelve months. This suggests a possible upside of 34.5% from the stock's current price.
View analysts' price targets for Community Health Systems.

Community Health Systems saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 7,330,000 shares, a drop of 16.1% from the August 15th total of 8,740,000 shares. Based on an average daily trading volume, of 1,650,000 shares, the days-to-cover ratio is presently 4.4 days. Currently, 6.5% of the company's shares are sold short.
View Community Health Systems' Short Interest.

Some companies that are related to Community Health Systems include HCA Healthcare (HCA), Alcon (ALC), Universal Health Services (UHS), The Ensign Group (ENSG), Select Medical (SEM), Acadia Healthcare (ACHC), Tenet Healthcare (THC), U.S. Physical Therapy (USPH), National HealthCare (NHC), Hanger (HNGR), Brookdale Senior Living (BKD), Five Star Senior Living (FVE), Capital Senior Living (CSU) and Encompass Health (EHC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Community Health Systems investors own include Gilead Sciences (GILD), HCA Healthcare (HCA), Walt Disney (DIS), Ford Motor (F), General Electric (GE), Netflix (NFLX), Canopy Growth (CGC), Johnson & Johnson (JNJ), AT&T (T) and CVS Health (CVS).

Community Health Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "CYH."

Community Health Systems' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.05%), Charles Schwab Investment Management Inc. (2.90%), Raymond James & Associates (1.31%), Bank of New York Mellon Corp (1.04%), Two Sigma Advisers LP (0.85%) and Principal Financial Group Inc. (0.84%). Company insiders that own Community Health Systems stock include Benjamin C Fordham, James S Ely III, Michael Dinkins, Wayne T Smith and William Norris Jennings.
View institutional ownership trends for Community Health Systems.

CYH stock was sold by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Goldman Sachs Group Inc., Federated Hermes Inc., Canada Pension Plan Investment Board, Russell Investments Group Ltd., Two Sigma Advisers LP, Prudential Financial Inc., and State of Tennessee Treasury Department.
View insider buying and selling activity for Community Health Systems.

CYH stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., AQR Capital Management LLC, Bank of America Corp DE, Atom Investors LP, Eqis Capital Management Inc., Principal Financial Group Inc., Principal Financial Group Inc., and Alberta Investment Management Corp. Company insiders that have bought Community Health Systems stock in the last two years include Benjamin C Fordham, James S Ely III, Michael Dinkins, and Wayne T Smith.
View insider buying and selling activity for Community Health Systems.

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

One share of CYH stock can currently be purchased for approximately $4.09.

Community Health Systems has a market capitalization of $489.24 million and generates $13.21 billion in revenue each year. The company earns $-675,000,000.00 in net income (profit) each year or ($0.89) on an earnings per share basis. Community Health Systems employs 80,000 workers across the globe.

The official website for Community Health Systems is www.chs.net.

Community Health Systems' mailing address is 4000 MERIDIAN BOULEVARD, FRANKLIN TN, 37067. The company can be reached via phone at 615-465-7000 or via email at [email protected]