Tenet Healthcare Corporation (THC)

NYSE: THC · Real-Time Price · USD
129.60
-7.64 (-5.57%)
At close: Feb 21, 2025, 4:00 PM
130.00
+0.40 (0.31%)
After-hours: Feb 21, 2025, 7:56 PM EST
-5.57%
Market Cap 12.33B
Revenue (ttm) 20.67B
Net Income (ttm) 3.20B
Shares Out 95.12M
EPS (ttm) 32.70
PE Ratio 3.96
Forward PE 10.94
Dividend n/a
Ex-Dividend Date n/a
Volume 1,741,901
Open 136.32
Previous Close 137.24
Day's Range 129.51 - 137.15
52-Week Range 88.98 - 171.20
Beta 2.06
Analysts Buy
Price Target 163.94 (+26.5%)
Earnings Date Feb 12, 2025

About THC

Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. 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/or coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient... [Read more]

Sector Healthcare
Founded 1967
Employees 98,000
Stock Exchange NYSE
Ticker Symbol THC
Full Company Profile

Financial Performance

In 2024, Tenet Healthcare's revenue was $20.67 billion, an increase of 0.57% compared to the previous year's $20.55 billion. Earnings were $3.20 billion, an increase of 423.73%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for THC stock is "Buy." The 12-month stock price forecast is $163.94, which is an increase of 26.50% from the latest price.

Price Target
$163.94
(26.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Tenet Healthcare Corporation (THC) Q4 2024 Earnings Call Transcript

Tenet Healthcare Corporation (NYSE:THC) Q4 2024 Earnings Conference Call February 12, 2025 10:00 AM ET Company Participants Will McDowell - Vice President of Investor Relations Saumya Sutaria - Chair...

9 days ago - Seeking Alpha

Tenet Reports Strong Fourth Quarter and FY 2024 Results; Provides 2025 Financial Outlook

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended December 31, 2024. "2024 was an outstanding year for Tenet characterized by ...

9 days ago - Business Wire

ValuEngine's Top 10 Stocks For 2025

Since the methodology we applied at the end of 2023 produced such a resilient portfolio, we repeated the process using ValuEngine's data from the December 31, 2024 close to choose 10 stocks for the ne...

5 weeks ago - Seeking Alpha

Tenet to Report its Fourth Quarter 2024 Results on February 12th

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) will release its fourth quarter 2024 results before the market opens on Wednesday, February 12, 2025, to be followed by a conference c...

5 weeks ago - Business Wire

Tenet Healthcare Stock: An Improved Option Here (Rating Upgrade)

Tenet Healthcare Corporation has significantly improved its financial health by selling hospitals, reducing leverage, while achieving strong operating performance. The company has focused on quality o...

7 weeks ago - Seeking Alpha

Tenet Healthcare: Walk-In Surgical Care Facilities Are A Key Revenue Driver

Tenet Healthcare is well-positioned for long-term growth due to rising healthcare demand and strategic focus on cost-efficient outpatient services. Financials show strong revenue and net income growth...

2 months ago - Seeking Alpha

Why most healthcare stocks are falling with Trump's win, with some exceptions

Investors are worried about what a Trump administration means for hospital operators and vaccine makers, but are optimistic about the fate of Medicare Advantage plan providers.

Other symbols: BNTXHCAHUMLLYPFEUHSUNH
3 months ago - Market Watch

Tenet Healthcare: Targeting More Stable Demand In High-Acuity Services

Tenet Healthcare is currently shifting towards a more stable demand for high-acuity service. The company is committed to continued expansion and allocated yearly budget to improve its Ambulatory Care ...

3 months ago - Seeking Alpha

Tenet Healthcare Corporation (THC) Q3 2024 Earnings Call Transcript

Tenet Healthcare Corporation (NYSE:THC) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Will McDowell – Vice President-Investor Relations Saum Sutaria – Chairman an...

4 months ago - Seeking Alpha

Tenet Reports Strong Third Quarter 2024 Results; Raises 2024 Financial Outlook

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended September 30, 2024. "Our businesses continue to produce strong results and g...

4 months ago - Business Wire

Tenet to Participate in the UBS Global Healthcare Conference

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the UBS Global Healthcare Conference on Tuesday, November 12, 2024, beginning at 12:30 p.m. Eastern time. A...

4 months ago - Business Wire

Tenet to Report its Third Quarter 2024 Results on October 29th

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) will release its third quarter 2024 results before the market opens on Tuesday, October 29, 2024, to be followed by a conference call ...

5 months ago - Business Wire

Tenet Completes Sale of Five Hospitals in Birmingham

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) today announced that it has completed the sale of its 70% majority ownership interest in Brookwood Baptist Health in Birmingham to Orl...

5 months ago - Business Wire

Yield Curveball: 2 Defensive Stocks For A Potential Recession

Investors continue to face uncertainty, as ambiguous economic data and a disinverting yield curve hint at a possible recession. Defensive sectors like healthcare and consumer staples tend to outperfor...

Other symbols: POST
5 months ago - Seeking Alpha

Tenet Healthcare: Strong EPS Growth, But Shares Near FV (Rating Downgrade)

Health Care stocks, particularly Eli Lilly, have surged recently, with Tenet Healthcare (THC) also performing well post-COVID, but now near intrinsic value. Despite strong earnings and high free cash ...

6 months ago - Seeking Alpha

Top Value Stocks With Growth Prospects

The traditional distinctions in the value vs. growth investment paradigm can lead investors to believe they must choose between value and growth at a given time. SA Quant has identified 3 stocks that ...

Other symbols: NRGREVG
6 months ago - Seeking Alpha

Tenet to Participate in the 2024 Wells Fargo Healthcare Conference

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the 2024 Wells Fargo Healthcare Conference on Wednesday, September 4, 2024, beginning at 9:30 a.m. Eastern ...

6 months ago - Business Wire

Tenet Healthcare to sell five Birmingham hospitals for $910 million

Hospital operator Tenet Healthcare said on Monday that it will sell five hospitals with Brookwood Baptist Health in Birmingham to Orlando Health for about $910 million in cash.

7 months ago - Reuters

Tenet Healthcare to Sell Five Birmingham Hospitals to Orlando Health

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) has entered into a definitive agreement with Orlando Health for the sale of Tenet's 70% majority ownership interest in Brookwood Bapti...

7 months ago - Business Wire

Tenet Healthcare Stock Climbed to a 22-Year High Today. Here's Why

Tenet Healthcare (THC) shares soared to a more than two-decade high after the hospital and surgical center chain posted stronger-than-expected results and boosted its outlook as it brought in more pat...

7 months ago - Investopedia

Tenet Healthcare Corporation (THC) Q2 2024 Earnings Call Transcript

Tenet Healthcare Corporation (NYSE:THC) Q2 2024 Earnings Conference Call July 24, 2024 10:00 AM ET Company Participants Will McDowell - Vice President of Investor Relations Saum Sutaria - Chairman an...

7 months ago - Seeking Alpha

Hospital Operator Tenet Healthcare Exceeds Earnings Expectations, Announces Share Buyback Of $1.5B

On Wednesday, Tenet Healthcare Corporation THC reported first-quarter sales of $5.37 billion, up around 7% year over year, beating the consensus of $5.15 billion.

7 months ago - Benzinga

Tenet Reports Strong Second Quarter 2024 Results; Raises 2024 Financial Outlook

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended June 30, 2024. "Our results through the second quarter, which have significa...

7 months ago - Business Wire

Tenet to Report its Second Quarter 2024 Results on July 24th

DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) will release its second quarter 2024 results on Wednesday, July 24, 2024, no later than 6:00 a.m. Central Time (CT), to be followed by...

8 months ago - Business Wire

Tenet Healthcare: Asset Sales, Current Multiples Support Re-Rating (Rating Upgrade)

THC stock has rallied in 2024 due to management's sale of underperforming assets, unlocking capital for high return opportunities. Management's focus on acute surgery centers and redeploying funds is ...

8 months ago - Seeking Alpha