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Tenet Healthcare Corp. (THC)
NYSE:THC
THC Stock Chart & Stats
$239.39
$1.59(1.23%)
At close: 4:00 PM EST
$239.39
$1.59(1.23%)
Day’s Range― - ―
52-Week Range$109.82 - $240.83
Previous CloseN/A
Volume281.04K
Average Volume (3M)1.05M
Market Cap
$20.45B
Enterprise Value$30.94B
Total Cash (Recent Filing)$2.88B
Total Debt (Recent Filing)$13.17B
Price to Earnings (P/E)15.2
Beta1.04
Next Earnings
May 05, 2026EPS Estimate
4.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.70
Shares Outstanding86,963,000
10 Day Avg. Volume813,986
30 Day Avg. Volume1,052,976
Financial Highlights & Ratios
PEG Ratio-0.24
Price to Book (P/B)4.28
Price to Sales (P/S)0.85
P/FCF Ratio7.13
Enterprise Value/Market Cap1.51
Enterprise Value/Revenue1.45
Enterprise Value/Gross Profit2.60
Enterprise Value/Ebitda6.93
Forecast
1Y Price Target
$260.45Price Target Upside8.80% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)16.95
Revenue Forecast (FY)$22.03B
Bulls Say, Bears Say
Bulls Say
Ambulatory Surgery Center GrowthStrategic shift toward ambulatory surgery centers is expected to drive faster revenue growth and higher free cash flow by focusing on higher‑acuity procedures and faster growing outpatient assets.
Margin Expansion And DeleveragingMeaningful margin expansion and significant debt reduction have strengthened the balance sheet, increasing flexibility for capital allocation and improving profitability prospects.
Share Repurchase CapacityAnalyst notes aggressive share repurchases and substantial buyback capacity that can support per-share earnings and enhance shareholder returns through opportunistic capital deployment.
Bears Say
Conifer Transaction Earnings ImpactThe Conifer transaction is expected to create a material headwind to reported earnings and analyst estimates, reducing near term earnings visibility for the company.
Insurance Subsidy Expiration And Payer MixExpiration of enhanced insurance subsidies is expected to reduce patient volumes and worsen the payer mix, creating pressure on hospital revenue and profitability.
Weaker Cash Generation Versus ExpectationsAdjusted free cash flow guidance below analyst expectations signals weaker cash generation after key payments, which could constrain spending on buybacks or debt reduction.
Tenet Healthcare News
THC FAQ
What was Tenet Healthcare Corp.’s price range in the past 12 months?
Tenet Healthcare Corp. lowest stock price was $109.82 and its highest was $240.83 in the past 12 months.
What is Tenet Healthcare Corp.’s market cap?
Tenet Healthcare Corp.’s market cap is $20.45B.
When is Tenet Healthcare Corp.’s upcoming earnings report date?
Tenet Healthcare Corp.’s upcoming earnings report date is May 05, 2026 which is in 63 days.
How were Tenet Healthcare Corp.’s earnings last quarter?
Tenet Healthcare Corp. released its earnings results on Feb 11, 2026. The company reported $4.7 earnings per share for the quarter, beating the consensus estimate of $4.065 by $0.635.
Is Tenet Healthcare Corp. overvalued?
According to Wall Street analysts Tenet Healthcare Corp.’s price is currently Undervalued.
Does Tenet Healthcare Corp. pay dividends?
Tenet Healthcare Corp. does not currently pay dividends.
What is Tenet Healthcare Corp.’s EPS estimate?
Tenet Healthcare Corp.’s EPS estimate is 4.16.
How many shares outstanding does Tenet Healthcare Corp. have?
Tenet Healthcare Corp. has 86,963,000 shares outstanding.
What happened to Tenet Healthcare Corp.’s price movement after its last earnings report?
Tenet Healthcare Corp. reported an EPS of $4.7 in its last earnings report, beating expectations of $4.065. Following the earnings report the stock price went up 17.255%.
Which hedge fund is a major shareholder of Tenet Healthcare Corp.?
Currently, no hedge funds are holding shares in THC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tenet Healthcare Stock Smart Score
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$260.45 (8.80% Upside)
$260.45 (8.80% Upside)
Blogger Sentiment
Bullish
THC Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 623.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $430.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 3.2%
Last 30 Days ▲ 3.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
83.46%
12-Months-Change
Fundamentals
Return on Equity
33.54%
Trailing 12-Months
Asset Growth
2.56%
Trailing 12-Months
Company Description
Tenet Healthcare Corp.
Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates in three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb-salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, and telemedicine access services. In addition, it operates ambulatory surgery and urgent care centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals; and offers healthcare business process services in the areas of hospital and physician revenue cycle management, patient communications and engagement support, and value-based care solutions to hospitals, health systems, physician practices, employers, and other customers. As of February 09, 2022, the company operated 60 hospitals; and approximately 550 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and other care sites and clinics. Tenet Healthcare Corporation was incorporated in 1975 and is headquartered in Dallas, Texas.
THC Company Deck
THC Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operational and financial performance in 2025 — double-digit EBITDA growth, margin expansion, robust USPI and hospital segment results, substantial free cash flow, and active balance sheet management including buybacks and a value-creating Conifer transaction. Offsetting these positives are meaningful near-term headwinds and uncertainty from the expiration of enhanced exchange premium tax credits (management estimates a ~$250 million EBITDA hit and assumes ~20% enrollment reduction), normalization of prior-year supplemental payments, and modest hospital admission volume growth guidance for 2026. Management provided a constructive 2026 outlook that, after normalizing items and excluding the exchange headwind, implies ~10% EBITDA growth at the midpoint, but acknowledged material uncertainty that widens the guidance range.View all THC earnings summariesTHC Stock 12 Month Forecast
Average Price Target
$260.45
▲(8.80% Upside)
Technical Analysis
Ownership Overview
0.74% Insiders
29.05% Mutual Funds
5.84% Other Institutional Investors
39.87% Public Companies and Individual Investors