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: $21.97
  • 50 Day Moving Average: $24.18
  • 200 Day Moving Average: $27.97
  • 52-Week Range: $20.93 - $43.24
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.64
  • P/E Growth: 1.09
  • Market Cap: $2.19B
  • Outstanding Shares: 99,517,000
  • Beta: 1.5
Profitability:
  • Net Margins: -1.15%
  • Return on Equity: 14.47%
  • Return on Assets: 0.62%
Debt:
  • Debt-to-Equity Ratio: 12.43%
  • Current Ratio: 1.13%
  • Quick Ratio: 1.06%
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: $33.75 (53.62% upside)

Analysts' Ratings History for Tenet Healthcare Corp. (NYSE:THC)
Show:
DateFirmActionRatingPrice TargetDetails
9/4/2016Leerink SwannReiterated RatingMarket Perform$30.00 -> $28.00View Rating Details
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
5/3/2016Bank 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 9/24/2014 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: $1.57 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$0.18$0.27$0.22
Q4 20165$0.42$0.59$0.54
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)
Insider Ownership Percentage: 2.90%
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
News IconAnalysts' Recommendations Stocks News Review: Oracle Corporation (NYSE:ORCL) & Tenet Healthcare Corp (NYSE ... - Money News (NYSE:THC)
www.newsismoney.com - September 24 at 9:55 AM
4-traders.com logoTenet Healthcare : Canopy Health Selects Conifer Health for Value-Based Care Services (NYSE:THC)
www.4-traders.com - September 23 at 9:46 AM
News IconIt's Earnings Time: What to Do with Tenet Healthcare Corp. (NYSE:THC) Stock - The Voice Registrar (NYSE:THC)
voiceregistrar.com - September 22 at 7:19 PM
finance.yahoo.com logoCanopy Health Selects Conifer Health for Value-Based Care Services (NYSE:THC)
finance.yahoo.com - September 22 at 7:19 PM
News IconAnalysts Take Aim At This Stock's Earnings Estimates: Tenet Healthcare Corporation (NYSE:THC) - Frisco Fastball (NYSE:THC)
friscofastball.com - September 21 at 7:08 PM
News IconAnalysts Valuations For Two Stocks: Toll Brothers Inc (NYSE:TOL), Tenet Healthcare Corp (NYSE:THC) - The Voice Registrar (NYSE:THC)
voiceregistrar.com - September 21 at 11:45 AM
News IconTraders Recap: Tenet Healthcare Corp (NYSE:THC), Home Depot ... - NYSE Journal (press release) (NYSE:THC)
stockznews.com - September 20 at 9:31 AM
News IconTenet Healthcare Corp (THC) is trading at a 43% discount to its intrinsic value - Simply Wall St (NYSE:THC)
simplywall.st - September 19 at 9:56 AM
News IconHC Stocks Indications! Tenet Healthcare Corp (THC), Concordia International Corp (NASDAQ:CXRX) - share market updates (press release) (NYSE:THC)
sharemarketupdates.com - September 19 at 9:56 AM
News IconAnalysts Valuations For Two Stocks: Staples, Inc. (NASDAQ:SPLS), Tenet Healthcare Corp (NYSE:THC) - The Voice Registrar (NYSE:THC)
voiceregistrar.com - September 19 at 9:56 AM
News IconStock Down Over the Last Quarter: Tenet Healthcare Corp. (NYSE:THC) - Post News (NYSE:THC)
www.kentuckypostnews.com - September 17 at 7:04 PM
bloomberg.com logoCommunity Health Said to Explore Options Including Sale (NYSE:THC)
www.bloomberg.com - September 16 at 7:22 PM
reuters.com logoBRIEF-Tenet enters into an amendment No. 1 to its existing letter of credit facility agreement (NYSE:THC)
www.reuters.com - September 16 at 7:22 PM
biz.yahoo.com logoTENET HEALTHCARE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial (NYSE:THC)
biz.yahoo.com - September 16 at 7:22 PM
bizjournals.com logoFountain Place's largest tenant to relocate to Renaissance Tower in downtown Dallas (NYSE:THC)
www.bizjournals.com - September 15 at 7:45 PM
News IconTenet Healthcare Corporation (NYSE:THC) Broker Price Targets For The Coming Week (NYSE:THC)
www.nationaldailypress.com - September 12 at 10:16 AM
News IconQvt Financial Lp buys $20,548,487 stake in Tenet Healthcare Corp (THC) (NYSE:THC)
www.nationaldailypress.com - September 11 at 6:56 PM
News IconAnalysts Valuations For Two Stocks: Rice Energy Inc (NYSE:RICE), Tenet Healthcare Corp (NYSE:THC) - The Voice Registrar (NYSE:THC)
voiceregistrar.com - September 5 at 9:46 AM
publicnow.com logoTenet to Present at Investor Conferences in September (NYSE:THC)
www.publicnow.com - September 2 at 11:34 AM
News IconShares Slipping Lower Over the Past Month: Tenet Healthcare Corp. (NYSE:THC) - Post News (NYSE:THC)
www.kentuckypostnews.com - September 1 at 10:53 AM
News IconWhy Tenet Healthcare's stock price has fallen 60% in a little over a year - Dallas Morning News (NYSE:THC)
www.dallasnews.com - September 1 at 10:53 AM
News IconWhy Tenet Healthcare’s stock price has fallen 60% in a little over a year (NYSE:THC)
www.dallasnews.com - August 31 at 10:37 AM
News IconWhy can’t Tenet Healthcare, a repeat offender, stop the fraud scandals? (NYSE:THC)
www.dallasnews.com - August 26 at 7:24 PM
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

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Tenet Healthcare Corp. (NYSE:THC) Chart for Saturday, September, 24, 2016


Last Updated on 9/24/2016 by MarketBeat.com Staff