About Community Health Systems (NYSE:CYH)
Community Health Systems, Inc., together with its subsidiaries, owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. The company also provides outpatient services at urgent care centers, occupational medicine clinics, imaging centers, cancer centers, and ambulatory surgery centers. As of December 31, 2017, it owned or leased 125 hospitals, including 123 general acute care hospitals and 2 stand-alone rehabilitation or psychiatric hospitals with an aggregate of 20,850 licensed beds in 19 states. The company was founded in 1985 and is headquartered in Franklin, Tennessee.
Industry, Sector and Symbol
Industry General medical & surgical hospitals
Sub-IndustryHealth Care Facilities
SectorMedical
SymbolNYSE:CYH
CUSIP20366810
Phone615-465-7000
Debt
Debt-to-Equity Ratio-20.06%
Current Ratio1.73%
Quick Ratio1.54%
Price-To-Earnings
Trailing P/E Ratio-3.09
Forward P/E Ratio-2.81
P/E GrowthN/A
Sales & Book Value
Annual Sales$15.35 billion
Price / Sales0.03
Cash Flow$6.1833 per share
Price / Cash0.60
Book Value($6.03) per share
Price / Book-0.62
Profitability
EPS (Most Recent Fiscal Year)($1.20)
Net Income$-2,459,000,000.00
Net Margins-16.01%
Return on Equity-14.18%
Return on Assets-0.63%
Miscellaneous
Employees113,000
Outstanding Shares114,630,000
Community Health Systems (NYSE:CYH) Frequently Asked Questions
What is Community Health Systems' stock symbol?
Community Health Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "CYH."
How were Community Health Systems' earnings last quarter?
Community Health Systems (NYSE:CYH) issued its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.25) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.34) by $0.09. The company earned $3.06 billion during the quarter, compared to the consensus estimate of $3.53 billion. Community Health Systems had a negative net margin of 16.01% and a negative return on equity of 14.18%. The firm's quarterly revenue was down 31.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.46 earnings per share. View Community Health Systems' Earnings History.
When is Community Health Systems' next earnings date?
What price target have analysts set for CYH?
16 brokers have issued 12-month target prices for Community Health Systems' shares. Their predictions range from $3.00 to $8.00. On average, they expect Community Health Systems' share price to reach $5.50 in the next year. View Analyst Ratings for Community Health Systems.
What are Wall Street analysts saying about Community Health Systems stock?
Here are some recent quotes from research analysts about Community Health Systems stock:
- 1. According to Zacks Investment Research, "Shares of Community Health have underperformed the industry in a year’s time. The company has seen a continuous decline in revenues that has been putting pressure on the bottom line. Rising expenses also weigh on the margins. The company has seen the Zacks Consensus Estimate for 2018 earnings being revised downward in the last 60 days. However, the company is well poised for long-term growth on the back of its inorganic strategies. Frequent divestitures to streamline core operations have helped it lower its debt burden. As part of its restructuring plan, the company has started taking up certain corrective measures in order to bring improvement to its top line." (4/2/2018)
- 2. Cantor Fitzgerald analysts commented, "With the successful completion of its 30-hospital divestiture plan in 2017, CYH now looks to divest another wave of hospitals with combined net revenue of $2 billion in 2018. CYH expects to have around 100 hospitals remaining in significantly improved markets, with higher margins, better managed care rates and higher cash flows." (1/11/2018)
Are investors shorting Community Health Systems?
Community Health Systems saw a increase in short interest during the month of March. As of March 29th, there was short interest totalling 32,042,111 shares, an increase of 9.8% from the March 15th total of 29,172,848 shares. Based on an average daily trading volume, of 2,598,992 shares, the days-to-cover ratio is presently 12.3 days. Currently, 29.3% of the shares of the stock are short sold.
Who are some of Community Health Systems' key competitors?
Who are Community Health Systems' key executives?
Community Health Systems' management team includes the folowing people:
- Mr. Wayne T. Smith, Chairman & CEO
- Mr. Tim L. Hingtgen, Pres, COO & Director
- Mr. Thomas J. Aaron, Exec. VP & CFO
- Mr. Kevin J. Hammons, Sr. VP, Chief Accounting Officer & Assistant CFO
- Mr. Manish Shah, Chief Information Officer and Sr. VP
Has Community Health Systems been receiving favorable news coverage?
News coverage about CYH stock has been trending somewhat positive on Thursday, Accern Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Community Health Systems earned a media sentiment score of 0.04 on Accern's scale. They also assigned news stories about the company an impact score of 43.59 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Community Health Systems' stock price today?
One share of CYH stock can currently be purchased for approximately $3.71.
How big of a company is Community Health Systems?
Community Health Systems has a market capitalization of $439.02 million and generates $15.35 billion in revenue each year. The company earns $-2,459,000,000.00 in net income (profit) each year or ($1.20) on an earnings per share basis. Community Health Systems employs 113,000 workers across the globe.
How can I contact Community Health Systems?
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]
MarketBeat Community Rating for Community Health Systems (CYH)
MarketBeat's community ratings are surveys of what our community members think about Community Health Systems and other stocks. Vote "Outperform" if you believe CYH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CYH will underperform the S&P 500 over the long term. You may vote once every thirty days.
Community Health Systems (NYSE:CYH) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
16 Wall Street analysts have issued ratings and price targets for Community Health Systems in the last 12 months. Their average twelve-month price target is $5.50, suggesting that the stock has a possible upside of 48.25%. The high price target for CYH is $8.00 and the low price target for CYH is $3.00. There are currently 6 sell ratings and 10 hold ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 1.63 | 1.63 | 1.67 | 1.86 |
| Ratings Breakdown: | 6 Sell Rating(s)
10 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 6 Sell Rating(s)
10 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 5 Sell Rating(s)
10 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 3 Sell Rating(s)
10 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $5.50 | $5.50 | $5.6538 | $7.2885 |
| Price Target Upside: | 48.25% upside | 33.82% upside | 40.64% upside | 26.32% upside |
Community Health Systems (NYSE:CYH) Consensus Price Target History
Community Health Systems (NYSE:CYH) Analyst Ratings History
Show:
(Data available from 4/26/2016 forward)
Community Health Systems (NYSE:CYH) Dividend Information
Community Health Systems pays an annual dividend of $0.00 per share, with a dividend yield of 0.00%. CYH's most recent special dividend payment was Friday, December 28. Community Health Systems pays out 0.00% of its earnings out as a dividend.
| Most Recent Dividend: | 12/28/2012 |
| Dividend Yield: | 0.00% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
|
Community Health Systems (NYSE:CYH) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 12/9/2012 | special | $0.25 | | 12/13/2012 | 12/17/2012 | 12/28/2012 |
(Data available from 1/1/2013 forward)
Community Health Systems (NYSE CYH) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 3.80%
Community Health Systems (NYSE CYH) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 1/10/2018 | Tian Qiao Chen | Major Shareholder | Buy | 995,551 | $3.97 | $3,952,337.47 | |  |
| 1/8/2018 | Tian Qiao Chen | Major Shareholder | Buy | 478,700 | $3.98 | $1,905,226.00 | | |
| 12/21/2017 | Tian Qiao Chen | Major Shareholder | Buy | 406,069 | $4.00 | $1,624,276.00 | | |
| 12/7/2017 | Tian Qiao Chen | Major Shareholder | Buy | 100,164 | $3.96 | $396,649.44 | | |
| 8/14/2017 | Tian Qiao Chen | Major Shareholder | Buy | 9,766,897 | $7.27 | $71,005,341.19 | | |
| 2/24/2017 | H Mitchell Watson Jr | Director | Sell | 1,732 | $9.24 | $16,003.68 | 4,777 | |
| 9/26/2016 | Tian Qiao Chen | Major Shareholder | Buy | 929,813 | $10.27 | $9,549,179.51 | | |
| 6/13/2016 | H Mitchell Watson Jr | Director | Sell | 5,600 | $13.42 | $75,152.00 | 6,509 | |
| 2/18/2016 | James S Ely III | Director | Buy | 10,000 | $14.69 | $146,900.00 | 40,227 | |
| 11/5/2015 | James S Ely III | Director | Buy | 10,000 | $29.25 | $292,500.00 | 30,227 | |
| 11/4/2015 | John A Clerico | Director | Buy | 10,000 | $27.62 | $276,200.00 | 95,217 | |
| 10/22/2015 | Glenview Capital Management, L | Major Shareholder | Sell | 279,074 | $28.33 | $7,906,166.42 | | |
| 8/27/2015 | H Mitchell Watson Jr | Director | Sell | 2,000 | $54.01 | $108,020.00 | 8,538 | |
| 6/3/2015 | Martin Dewayne Smith | Insider | Sell | 8,000 | $54.81 | $438,480.00 | | |
| 5/27/2015 | H Mitchell Watson Jr | Director | Sell | 2,500 | $54.91 | $137,275.00 | | |
| 3/3/2015 | Kevin J Hammons | CAO | Sell | 18,640 | $49.68 | $926,035.20 | | |
| 3/2/2015 | William S Hussey | Insider | Sell | 9,699 | $49.95 | $484,465.05 | | |
| 2/27/2015 | Michael T Portacci | Insider | Sell | 50,000 | $48.56 | $2,428,000.00 | | |
| 2/26/2015 | Michael T Portacci | Insider | Sell | 50,000 | $44.00 | $2,200,000.00 | | |
| 2/25/2015 | W Larry Cash | CFO | Sell | 195,000 | $47.82 | $9,324,900.00 | | |
| 12/12/2014 | H Mitchell Watson Jr | Director | Sell | 3,000 | $51.84 | $155,520.00 | | |
| 12/12/2014 | Martin Dewayne Smith | Insider | Sell | 1,500 | $51.17 | $76,755.00 | | |
| 12/12/2014 | Wayne T Smith | CEO | Sell | 437,000 | $51.42 | $22,470,540.00 | | |
| 9/3/2014 | William Norris Jennings | Director | Sell | 4,821 | $53.80 | $259,369.80 | | |
| 8/26/2014 | David Lewis Miller | COO | Sell | 100,000 | $52.89 | $5,289,000.00 | | |
| 8/26/2014 | Julia B North | Director | Sell | 5,371 | $51.95 | $279,023.45 | | |
| 8/25/2014 | Wayne T Smith | CEO | Sell | 83,796 | $51.67 | $4,329,739.32 | | |
| 8/21/2014 | Kevin J Hammons | CAO | Sell | 14,681 | $51.28 | $752,841.68 | | |
| 8/21/2014 | Rachel A Seifert | VP | Sell | 40,000 | $51.44 | $2,057,600.00 | | |
| 8/21/2014 | W Larry Cash | CFO | Sell | 51,472 | $51.02 | $2,626,101.44 | | |
| 8/20/2014 | H Mitchell Watson Jr | Director | Sell | 6,334 | $51.00 | $323,034.00 | | |
| 8/7/2014 | Michael T Portacci | Insider | Sell | 15,333 | $48.75 | $747,483.75 | | |
| 8/5/2014 | Tim Hingtgen | Insider | Sell | 2,369 | $48.46 | $114,801.74 | | |
| 6/6/2014 | William S Hussey | Insider | Sell | 100,000 | $45.03 | $4,503,000.00 | | |
| 5/28/2014 | Lynn T Simon | Insider | Sell | 4,902 | $41.75 | $204,658.50 | | |
| 5/27/2014 | Martin Dewayne Smith | Insider | Sell | 25,000 | $42.01 | $1,050,250.00 | | |
| 5/23/2014 | Michael Portacci | Insider | Sell | 4,840 | $41.00 | $198,440.00 | 38,083 | |
| 3/14/2014 | H Mitchell Watson, Jr. | Director | Sell | 2,215 | $36.14 | $80,050.10 | 12,753 | |
| 2/26/2014 | Kevin Hammons | CAO | Sell | 3,000 | $41.33 | $123,990.00 | 28,583 | |
| 11/25/2013 | H Mitchell Watson, Jr. | Director | Sell | 3,154 | $42.20 | $133,098.80 | 10,324 | |
| 11/4/2013 | Michael T Portacci | Insider | Sell | 20,000 | $43.75 | $875,000.00 | | |
| 8/2/2013 | Thomas Daniel Miller | Insider | Sell | 114,000 | $45.61 | $5,199,540.00 | 45,874 | |
| 5/23/2013 | John A Fry | Director | Sell | 15,000 | $43.00 | $645,000.00 | | |
| 5/14/2013 | H Mitchell Watson Jr | Director | Sell | 3,760 | $45.84 | $172,358.40 | | |
| 5/10/2013 | Martin Dewayne Smith | Insider | Sell | 30,000 | $46.12 | $1,383,600.00 | | |
| 5/8/2013 | David Lewis Miller | Insider | Sell | 60,000 | $45.73 | $2,743,800.00 | | |
| 5/2/2013 | Michael T Portacci | Insider | Sell | 24,846 | $44.82 | $1,113,597.72 | | |
| 9/6/2012 | William S Hussey | Insider | Sell | 150,000 | $27.27 | $4,090,500.00 | | |
(Data available from 1/1/2013 forward)
Community Health Systems (NYSE CYH) News Headlines
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Community Health Systems (NYSE:CYH) SEC Filings
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Community Health Systems (NYSE:CYH) Income Statement, Balance Sheet and Cash Flow Statement
Community Health Systems (NYSE CYH) Stock Chart for Thursday, April, 26, 2018
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