Tenet Healthcare Corp. Company Profile (NYSE:THC)

About Tenet Healthcare Corp.

Tenet Healthcare Corp. logoTenet Healthcare Corporation (Tenet) is a healthcare services company. The Company operates regionally focused, integrated healthcare delivery networks in large urban and suburban markets in the United States. The Company operates through three segments: Hospital Operations and other, Ambulatory Care and Conifer. With its networks, including acute care and specialty hospitals, which are engaged in providing outpatient facilities and related businesses, the Company provides a range of healthcare services in the communities it serve. It operates approximately 90 hospitals, 20 short-stay surgical hospitals, 475 outpatient centers, nine facilities in the United Kingdom and six health plans through its subsidiaries, partnerships and joint ventures. In addition, its Conifer Holdings, Inc. (Conifer) subsidiary provide healthcare business process services in the areas of revenue cycle management and technology-enabled performance improvement and health management solutions to health systems.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Hospitals
  • Sub-Industry: Health Care Facilities
  • Exchange: NYSE
  • Symbol: THC
  • CUSIP: 88033G40
Key Metrics:
  • Previous Close: $24.69
  • 50 Day Moving Average: $28.24
  • 200 Day Moving Average: $28.30
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.83
  • P/E Growth: 1.16
  • Market Cap: $2.46B
  • Outstanding Shares: 99,517,000
  • Beta: 1.43
Additional Links:
Companies Related to Tenet Healthcare Corp.:

Analyst Ratings

Consensus Ratings for Tenet Healthcare Corp. (NYSE:THC) (?)
Ratings Breakdown: 1 Sell Rating, 9 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.39)
Consensus Price Target: $33.92 (37.37% upside)

Analysts' Ratings History for Tenet Healthcare Corp. (NYSE:THC)
Show:
DateFirmActionRatingPrice TargetDetails
8/19/2016Barclays PLCReiterated RatingBuy$39.00View Rating Details
8/4/2016Citigroup Inc.Lower Price TargetNeutral$36.00 -> $31.00View Rating Details
8/2/2016Morgan StanleyReiterated RatingHold$38.00View Rating Details
8/2/2016MizuhoReiterated RatingNeutral$33.00 -> $28.00View Rating Details
7/11/2016Jefferies GroupReiterated RatingBuyView Rating Details
6/28/2016Credit Suisse Group AGReiterated RatingHoldView Rating Details
6/13/2016Ladenburg ThalmannUpgradeNot Rated -> UnderperformView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
5/16/2016Robert W. BairdReiterated RatingBuyView Rating Details
5/5/2016JPMorgan Chase & Co.Reiterated RatingHold$36.00View Rating Details
5/2/2016Leerink SwannReiterated RatingHoldView Rating Details
5/3/2016Bank of America Corp.Reiterated RatingBuyView Rating Details
4/13/2016SusquehannaUpgradeNeutral -> Positive$38.00View Rating Details
3/7/2016Royal Bank Of CanadaReiterated RatingSector Perform$37.00 -> $30.00View Rating Details
2/26/2016BMO Capital MarketsLower Price TargetOutperform$55.00 -> $38.00View Rating Details
2/24/2016SunTrust Banks Inc.Lower Price TargetNeutral$34.00 -> $28.00View Rating Details
1/4/2016Wells Fargo & Co.DowngradeOutperform -> Market PerformView Rating Details
11/6/2015Raymond James Financial Inc.Lower Price TargetOutperform$45.00 -> $40.00View Rating Details
7/22/2015Goldman Sachs Group Inc.Initiated CoverageHoldView Rating Details
6/10/2015WedbushInitiated CoverageOutperform$60.00View Rating Details
3/23/2015Deutsche Bank AGReiterated RatingBuy$75.00View Rating Details
(Data available from 8/24/2014 forward)

Earnings

Earnings History for Tenet Healthcare Corp. (NYSE:THC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016        
8/1/2016Q216$0.52$0.38$4.82 billion$4.87 billionViewN/AView Earnings Details
5/2/2016Q116$0.34$0.45$4.79 billion$5.04 billionViewN/AView Earnings Details
2/22/2016Q415$0.34$0.35$4.82 billion$5.21 billionViewListenView Earnings Details
11/2/2015Q315$0.27$0.29$4.67 billion$4.69 billionViewN/AView Earnings Details
8/3/2015Q215$0.44$0.75$4.37 billion$4.49 billionViewN/AView Earnings Details
5/4/2015Q115$0.31$0.67$4.33 billion$4.43 billionViewN/AView Earnings Details
2/23/2015Q414$1.18$1.03$4.34 billion$4.82 billionViewN/AView Earnings Details
11/3/2014Q314$0.10$0.09$4.02 billion$4.18 billionViewListenView Earnings Details
8/4/2014Q214$0.01($0.27)$3.94 billion$4.04 billionViewN/AView Earnings Details
5/5/2014Q114($0.14)($0.12)$3.91 billion$3.93 billionViewListenView Earnings Details
2/24/2014Q413$0.37$0.49$3.87 billion$3.89 billionViewN/AView Earnings Details
11/5/2013Q313$0.45$0.45$2.38 billion$2.62 billionViewListenView Earnings Details
8/6/2013Q2 2013$0.75($0.49)$2.46 billion$2.42 billionViewN/AView Earnings Details
4/30/2013Q1 2013$0.31$0.33$2.46 billion$2.59 billionViewListenView Earnings Details
2/26/2013Q4 2012$0.68$0.45$2.34 billion$2.33 billionViewListenView Earnings Details
11/7/2012Q312$0.32$0.34$2.42 billion$2.43 billionViewN/AView Earnings Details
8/7/2012$0.05$0.10ViewN/AView Earnings Details
5/8/2012$0.10$0.13ViewN/AView Earnings Details
2/28/2012$0.14$0.10ViewN/AView Earnings Details
11/1/2011$0.04ViewN/AView Earnings Details
8/2/2011$0.08$0.09ViewN/AView Earnings Details
5/3/2011$0.14$0.17ViewN/AView Earnings Details
2/25/2011$0.08$0.14ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Tenet Healthcare Corp. (NYSE:THC)
Current Year EPS Consensus Estimate: $1.56 EPS
Next Year EPS Consensus Estimate: $2.28 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20167$0.27$0.55$0.40
Q2 20165$0.45$0.59$0.51
Q3 20165$0.19$0.41$0.27
Q4 20165$0.42$0.57$0.53
Q1 20172$0.51$0.52$0.52
Q2 20172$0.40$0.55$0.48
Q3 20172$0.37$0.50$0.44
Q4 20172$0.76$0.81$0.79
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Tenet Healthcare Corp. (NYSE:THC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Tenet Healthcare Corp. (NYSE:THC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/13/2015Glenview Capital Management, LMajor ShareholderBuy900,000$32.56$29,304,000.00View SEC Filing  
10/22/2015Glenview Capital Management, LMajor ShareholderBuy500,000$29.71$14,855,000.00View SEC Filing  
9/30/2015Glenview Capital Management, LMajor ShareholderBuy500,000$36.30$18,150,000.00View SEC Filing  
8/25/2015Glenview Capital Management, LMajor ShareholderBuy500,000$48.39$24,195,000.00View SEC Filing  
7/14/2015Trevor FetterCEOSell96,477$60.40$5,827,210.80View SEC Filing  
7/13/2015Trevor FetterCEOSell88,004$60.08$5,287,280.32View SEC Filing  
7/6/2015Trevor FetterCEOSell83,443$60.02$5,008,248.86View SEC Filing  
6/25/2015Glenview Capital Management, LMajor ShareholderBuy979,482$54.93$53,802,946.26View SEC Filing  
6/25/2015Trevor FetterCEOSell47,711$55.02$2,625,059.22View SEC Filing  
6/4/2015R. Scott RamseyInsiderSell5,650$51.64$291,766.00View SEC Filing  
8/18/2014Trevor FetterCEOSell33,642$60.01$2,018,856.42View SEC Filing  
8/14/2014Britt T ReynoldsInsiderSell8,028$58.49$469,557.72View SEC Filing  
8/8/2014Audrey T AndrewsSVPSell2,208$56.31$124,332.48View SEC Filing  
8/8/2014Daniel J CancelmiCFOSell12,291$56.88$699,112.08View SEC Filing  
8/8/2014R. Scott RamseyInsiderSell2,083$56.27$117,210.41View SEC Filing  
8/7/2014Trevor FetterCEOSell138,665$56.12$7,781,879.80View SEC Filing  
7/25/2014Trevor FetterCEOSell41,000$51.34$2,104,940.00View SEC Filing  
6/9/2014Britt T ReynoldsInsiderSell35,000$49.82$1,743,700.00View SEC Filing  
5/22/2014Trevor FetterCEOSell35,394$47.52$1,681,922.88View SEC Filing  
5/15/2014Richard PettingillDirectorSell10,000$45.22$452,200.00View SEC Filing  
5/12/2014Edward KangasChairmanSell12,000$44.29$531,480.00View SEC Filing  
4/25/2014Trevor FetterCEOSell57,735$45.00$2,598,075.00View SEC Filing  
3/24/2014Audrey AndrewsSVPSell13,624$40.17$547,276.08View SEC Filing  
12/23/2013Glenview Capital Management, Lmajor shareholderBuy248,910$39.79$9,904,128.90View SEC Filing  
12/20/2013Glenview Capital Management, Lmajor shareholderBuy644,582$39.95$25,751,050.90View SEC Filing  
12/18/2013Glenview Capital Management, Lmajor shareholderBuy1,000,000$40.12$40,120,000.00View SEC Filing  
11/15/2013Keith PittsChairmanBuy6,250$43.13$269,562.50View SEC Filing  
11/14/2013Keith PittsChairmanBuy6,250$43.14$269,625.00View SEC Filing  
11/8/2013Keith PittsChairmanBuy7,500$41.85$313,875.00View SEC Filing  
11/7/2013Keith PittsChairmanBuy5,000$41.97$209,850.00View SEC Filing  
10/3/2013John Ellis BushDirectorSell16,582$45.10$747,848.20View SEC Filing  
9/19/2013John Ellis BushDirectorSell8,291$42.90$355,683.90View SEC Filing  
5/14/2013Glenview Capital Management, LMajor ShareholderSell4,000,000$47.75$191,000,000.00View SEC Filing  
3/5/2013Edward A KangasChairmanSell7,000$39.88$279,160.00View SEC Filing  
3/4/2013Trevor FetterCEOSell138,255$39.39$5,445,864.45View SEC Filing  
10/19/2012Glenview Capital Management LlMajor ShareholderBuy200,000$23.53$4,706,000.00View SEC Filing  
10/16/2012Glenview Capital Management LlMajor ShareholderBuy433,383$23.98$10,392,524.34View SEC Filing  
9/17/2012Glenview Capital Management LlMajor ShareholderBuy750,000$5.75$4,312,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Tenet Healthcare Corp. (NYSE:THC)
DateHeadline
realistinvestor.com logoHere’s The Growth Forecast For Tenet Healthcare Corporation (NYSE:THC) (NYSE:THC)
www.realistinvestor.com - August 22 at 10:29 AM
finance.yahoo.com logoWhy Tenet Healthcare (THC) Could Be Positioned for a Slump (NYSE:THC)
finance.yahoo.com - August 22 at 10:29 AM
News IconSettlement in 'Pay-to-Play' Scheme Involving Undocumented Pregnant Women to Exceed $500M (NYSE:THC)
www.dailyreportonline.com - August 18 at 7:59 PM
News IconTenet Healthcare Corp. (NYSE:THC) Near to Lift Curtain on September 2016 Earnings - The Voice Registrar (NYSE:THC)
voiceregistrar.com - August 16 at 11:05 AM
streetupdates.com logoNotable Analysts Ratings: CVS Health Corporation (NYSE:CVS) , Tenet Healthcare Corporation (NYSE:THC) - Street Updates (NYSE:THC)
www.streetupdates.com - August 9 at 11:09 AM
finance.yahoo.com logoTENET HEALTHCARE CORP Financials (NYSE:THC)
finance.yahoo.com - August 5 at 7:58 PM
equities.com logoTenet Healthcare Corporation (THC) is Trading Higher on Unusual Volume for August 03 - Equities.com (NYSE:THC)
www.equities.com - August 5 at 10:50 AM
fortune.com logoNotable Stock Analyst Ratings: Tenet Healthcare Corp (NYSE:THC), Hanesbrands Inc. (NYSE:HBI) - Review Fortune (NYSE:THC)
reviewfortune.com - August 4 at 8:15 PM
capitalcube.com logoETF’s with exposure to Tenet Healthcare Corp. : August 4, 2016 (NYSE:THC)
www.capitalcube.com - August 4 at 8:15 PM
equities.com logoTenet Healthcare Corporation (THC) is Trading Lower on Unusual Volume for August 02 (NYSE:THC)
www.equities.com - August 4 at 11:01 AM
equities.com logoTenet Healthcare Corporation (THC) Falls 4.64% for August 02 (NYSE:THC)
www.equities.com - August 3 at 11:04 AM
fidaily.com logoState Of New Jersey Common Pension Fund D Sells A Little More Tenet Healthcare Corporation Co (THC) Stock (NYSE:THC)
www.fidaily.com - August 2 at 8:08 PM
zacks.com logoTenet Healthcare (THC) Q2 Earnings Miss, Revenues Beat (NYSE:THC)
www.zacks.com - August 2 at 10:14 AM
bizjournals.com logoTenet Healthcare agrees to plead guilty in Atlanta kickback scheme, will pay $514M (NYSE:THC)
www.bizjournals.com - August 2 at 10:14 AM
seekingalpha.com logoTenet Healthcare slides on higher-than-expected suit settlement (NYSE:THC)
seekingalpha.com - August 1 at 9:19 PM
feeds.reuters.com logoUPDATE 2-Tenet Healthcare quarterly earnings miss, shares slip (NYSE:THC)
feeds.reuters.com - August 1 at 8:25 PM
nasdaq.com logoTenet Healthcare Corp. Announces 50% Retreat In Q2 Earnings (NYSE:THC)
www.nasdaq.com - August 1 at 7:35 PM
wsj.com logoTenet Says Potential Settlement Cuts Into Earnings (NYSE:THC)
www.wsj.com - August 1 at 7:35 PM
marketwatch.com logo10-Q: TENET HEALTHCARE CORP (NYSE:THC)
www.marketwatch.com - August 1 at 7:35 PM
reuters.com logoTenet Healthcare quarterly earnings miss, shares slip (NYSE:THC)
www.reuters.com - August 1 at 7:35 PM
sg.finance.yahoo.com logoTenet reports 2Q loss (NYSE:THC)
sg.finance.yahoo.com - August 1 at 7:35 PM
finance.yahoo.com logoTenet Healthcare posts net loss on legal costs (NYSE:THC)
finance.yahoo.com - August 1 at 7:35 PM
publicnow.com logoTenet Reports Results for the Second Quarter Ended June 30, 2016 (NYSE:THC)
www.publicnow.com - August 1 at 7:35 PM
thestreet.com logoTenet Healthcare (THC) Falls in After-Hours Trading on Q2 Earnings Miss (NYSE:THC)
www.thestreet.com - August 1 at 7:35 PM
finance.yahoo.com logoTenet Healthcare earnings miss, shares slip (NYSE:THC)
finance.yahoo.com - August 1 at 7:35 PM
marketwatch.com logoTenet Healthcare shares slide on earnings, outlook miss (NYSE:THC)
www.marketwatch.com - August 1 at 7:35 PM
wsj.com logo[$$] Tenet Says Potential Settlement Cuts Into Earnings (NYSE:THC)
www.wsj.com - August 1 at 7:35 PM
feeds.benzinga.com logoTenet Healthcare Misses Estimates (NYSE:THC)
feeds.benzinga.com - August 1 at 6:22 PM
seekingalpha.com logoTenet Healthcare misses by $0.08, beats on revenue (NYSE:THC)
seekingalpha.com - August 1 at 5:19 PM
biz.yahoo.com logoQ2 2016 Tenet Healthcare Corp Earnings Release - After Market Close (NYSE:THC)
biz.yahoo.com - August 1 at 7:07 AM
News IconTenet Healthcare - Biggs C. Porter (NYSE:THC)
www.fiercehealthcare.com - July 29 at 8:02 PM
finance.yahoo.com logoPeek Into Aug 1 Healthcare Stocks' Q2 Earnings: ADUS, THC (NYSE:THC)
finance.yahoo.com - July 29 at 8:31 AM
News IconTenet Healthcare Corp. (NYSE:THC) To Report June 2016 Results - The Voice Registrar (NYSE:THC)
voiceregistrar.com - July 28 at 8:04 PM
News IconBeth Israel Deaconess expansion encounters little resistance from state regulators (NYSE:THC)
www.bostonglobe.com - July 28 at 11:04 AM
equities.com logoTenet Healthcare Corporation (THC) Falls 2.78% for July 27 (NYSE:THC)
www.equities.com - July 28 at 11:04 AM
News IconThe Key Numbers To Watch From Tenet Healthcare Corp. (NYSE:THC)'s Earnings - The Voice Registrar (NYSE:THC)
voiceregistrar.com - July 27 at 10:53 AM
streetupdates.com logoAnalyst's Checklist Stocks: Eli Lilly and Company (NYSE:LLY) , Tenet Healthcare Corporation (NYSE:THC) - Street Updates (NYSE:THC)
www.streetupdates.com - July 27 at 10:53 AM
News Icon10 largest hospital chains in the United States (NYSE:THC)
www.beckershospitalreview.com - July 26 at 11:17 AM
News Icon5 reasons to back the Anthem-Cigna and Aetna-Humana deals (NYSE:THC)
www.lifehealthpro.com - July 25 at 10:31 AM
bizjournals.com logoThe List: Largest Employers (NYSE:THC)
www.bizjournals.com - July 23 at 7:07 PM
News IconTwo members stepping down from Butts County Hospital Authority (NYSE:THC)
www.jacksonprogress-argus.com - July 22 at 7:37 PM
bizjournals.com logoMeet the additions to the Top 10 (NYSE:THC)
www.bizjournals.com - July 22 at 10:42 AM
News IconTenet Healthcare Corporation (NYSE:THC): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:THC)
www.engelwooddaily.com - July 21 at 8:07 PM
finance.yahoo.com logoTraders look for rally in Tenet Healthcare (NYSE:THC)
finance.yahoo.com - July 21 at 1:25 PM
News IconShares Positive Over the Past Month: Tenet Healthcare Corp. (NYSE:THC) - TGP (NYSE:THC)
telanaganapress.com - July 20 at 10:41 AM
streetupdates.com logoTwo Stocks within Analysts Review: Immune Pharmaceuticals Inc. (NASDAQ:IMNP) , Tenet Healthcare Corporation ... - Street Updates (NYSE:THC)
www.streetupdates.com - July 19 at 7:58 PM
tradecalls.org logoShares of Tenet Healthcare Corporation (THC) Rally 3.32% - Trade Calls (NYSE:THC)
www.tradecalls.org - July 19 at 7:58 PM
News IconAnalyst Target and Average Rating Watch: Tenet Healthcare Corporation (NYSE:THC) - Press Telegraph (NYSE:THC)
presstelegraph.com - July 19 at 8:46 AM
News IconEquity Roundup: Stock Performance Focus on Tenet Healthcare Corporation (NYSE:THC) - Press Telegraph (NYSE:THC)
presstelegraph.com - July 19 at 8:46 AM
tradecalls.org logoTenet Healthcare Corporation (THC): Price Target and June Short Interest Disclosure - Trade Calls (NYSE:THC)
www.tradecalls.org - July 17 at 7:05 PM

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Tenet Healthcare Corp. (NYSE:THC) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff