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Tenet Healthcare Corp

THC

Latest Trade

22.89USD

Change

1.11(+5.10%)

Volume

1,775,072

Today's Range

21.38

 - 

23.10

52 Week Range

10.00

 - 

39.37

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
21.78
Open
21.38
Volume
1,775,072
3M AVG Volume
33.63
Today's High
23.10
Today's Low
21.38
52 Week High
39.37
52 Week Low
10.00
Shares Out (MIL)
105.39
Market Cap (MIL)
2,295.38
Forward P/E
5.69
Dividend (Yield %)
--

Next Event

Q3 2020 Tenet Healthcare Corp Earnings Release

Latest Developments

More

Tenet Announces Pricing Of Its $2.5 Bln Private Offering Of Senior Notes

Tenet Healthcare Announces $2.5 Billion Private Offering Of Senior Notes

Tenet Healthcare Q2 Earnings Per Share $0.83 From Continuing Operations

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About Tenet Healthcare Corp

Tenet 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's segments include Hospital Operations and Other, Ambulatory Care and Conifer. As of December 31, 2017, its subsidiaries operated 76 hospitals, including two children's hospitals, two specialty hospitals and one critical access hospital. The Company's Ambulatory Care segment is engaged in the operations of its USPI joint venture facilities. As of August 20, 2018, Conifer provided one or more of the business process services described above from 20 service centers to more than 800 Tenet and non-Tenet hospital and other clients in over 40 states. As of December 31, 2017, the Company operated 20 short-stay surgical hospitals, and over 470 outpatient centers.

Industry

Healthcare Facilities

Contact Info

14201 DALLAS PARKWAY

DALLAS, TX

75254

United States

+1.469.8932200

https://www.tenethealth.com/

Executive Leadership

Ronald A. Rittenmeyer

Executive Chairman of the Board, Chief Executive Officer

Saumya Sutaria

President, Chief Operating Officer

Daniel J. Cancelmi

Chief Financial Officer, Executive Vice President

Sandra R.A. Karrmann

Chief Human Resource Officer, Executive Vice President

Paola M. Arbour

Executive Vice President, Chief Information Officer

Key Stats

2.61 mean rating - 18 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

19.2K

2018

18.3K

2019

18.5K

2020(E)

17.5K
EPS (USD)

2017

0.810

2018

1.860

2019

2.680

2020(E)

3.825
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.13
Price To Book (MRQ)
--
Price To Cash Flow (TTM)
2.01
Total Debt To Equity (MRQ)
--
LT Debt To Equity (MRQ)
--
Return on Investment (TTM)
1.74
Return on Equity (TTM)
1.23

Latest News

Latest News

BRIEF-Tenet Healthcare Issued $600 Mln Of 4.625% Senior Secured First Lien Notes Due 2028

* TENET HEALTHCARE CORP - ISSUED $600 MILLION OF 4.625% SENIOR SECURED FIRST LIEN NOTES DUE 2028 Source text: https://bit.ly/3d3n4r3 Further company coverage:

BRIEF-Guerbet: National Medical Products Administration Approves Lipiodol Ultra-Fluid in China

* NATIONAL MEDICAL PRODUCTS ADMINISTRATION APPROVES LIPIODOL® ULTRA-FLUID FOR TRANS-ARTERIAL CHEMOEMBOLIZATION OF INTERMEDIATE STAGE HEPATOCELLULAR CARCINOMA (HCC) IN ADULT PATIENTS IN CHINA Source text: https://bit.ly/2Uq1CpM Further company coverage: (Gdansk Newsroom)

BRIEF-Tenet Announces Pricing Of Its $600 Million Private Offering Of Senior Secured Notes

* TENET ANNOUNCES PRICING OF ITS $600 MILLION PRIVATE OFFERING OF SENIOR SECURED NOTES

BRIEF-Tenet Reports $600 Mln Private Offering Of Senior Secured Notes

* TENET ANNOUNCES $600 MILLION PRIVATE OFFERING OF SENIOR SECURED NOTES

Tenet Healthcare warns of significant COVID-19 impact in second quarter

Tenet Healthcare Corp <THC.N> on Monday warned of a significant hit from the COVID-19 pandemic in the current quarter, even as the hospital operator's quarterly profit beat estimates due to a tax benefit from the coronavirus stimulus bill.

BRIEF-Tenet Healthcare Q1 Adjusted Earnings Per Share $1.28 From Continuing Operations

* TENET REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2020 AND PROVIDES UPDATE ON EFFECTS OF COVID-19

Tenet Healthcare reports quarterly profit compared to year-ago loss

Hospital operator Tenet Healthcare Corp on Monday reported a profit for the first quarter, compared to a loss a year earlier, helped by a favorable tax benefit of $91 million.

BRIEF-Teamsters Urge Tenet Healthcare Shareholders To Reject $24 Million CEO Pay Package As Company's Frontline Workers Confront Covid-19 Pandemic And Furloughs

* TEAMSTERS URGE TENET HEALTHCARE SHAREHOLDERS TO REJECT $24 MILLION CEO PAY PACKAGE AS COMPANY'S FRONTLINE WORKERS CONFRONT COVID-19 PANDEMIC AND FURLOUGHS

BRIEF-Tenet Healthcare Says Entered Into Amendment No. 5 To Existing $1.5 Bln Credit Agreement

* TENET HEALTHCARE CORP - ON APRIL 24, ENTERED INTO AMENDMENT NO. 5 TO ITS EXISTING $1.5 BILLION CREDIT AGREEMENT DATED AS OF OCT 19, 2010

Exclusive: Tenet furloughs 10% of workforce due to coronavirus cutbacks

Hospital operator Tenet Healthcare Corp <THC.N> has put around 10% of its workforce on furlough due to a reduction in elective surgeries and other services brought about by the coronavirus outbreak, according to a letter sent to employees on Wednesday.

EXCLUSIVE-Tenet furloughs 10% of workforce due to coronavirus cutbacks

Hospital operator Tenet Healthcare Corp has put around 10% of its workforce on furlough due to a reduction in elective surgeries and other services brought about by the coronavirus outbreak, according to a letter sent to employees on Wednesday.

BRIEF-Astellas Pharma Announces Acceptance Of Xospata For Regulatory Review In China By National Medical Products Administration

* ASTELLAS PHARMA INC ANNOUNCES ACCEPTANCE OF XOSPATA (GILTERITINIB) FOR REGULATORY REVIEW IN CHINA BY NATIONAL MEDICAL PRODUCTS ADMINISTRATION Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

BRIEF-Tenet Announces Upsizing And Pricing Of Its $700 Mln Private Offering Of Senior Secured Notes

* TENET ANNOUNCES UPSIZING AND PRICING OF ITS $700 MILLION PRIVATE OFFERING OF SENIOR SECURED NOTES

BRIEF-Tenet Healthcare Withdraws Previously Announced Q1 And Full Year Financial Outlook For 2020

* TENET HEALTHCARE CORP - WITHDRAWN ITS PREVIOUSLY ANNOUNCED Q1 AND FULL YEAR FINANCIAL OUTLOOK FOR 2020. Source text for Eikon: Further company coverage:

BRIEF-Tenet Announces $500 Mln Private Offering Of Senior Secured Notes

* TENET ANNOUNCES $500 MILLION PRIVATE OFFERING OF SENIOR SECURED NOTES

BRIEF-Tenet Forecasts 2020 Adjusted Diluted Earnings Per Share Of $2.69 To $3.35

* TENET REPORTS RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2019 AND ISSUES FINANCIAL OUTLOOK FOR 2020

Tenet agrees to settle Oklahoma hospital kickback case for $66 million

Tenet Healthcare Corp has tentatively agreed to pay $66 million to resolve claims it billed government programs for services provided to patients referred to it by doctors who had improper financial and kickback relationships with an Oklahoma hospital it owns.

Ex-Tenet VP, others loses bid to toss kickback case

A federal judge has rejected bids by a former Tenet Healthcare Corp executive and two other men to dismiss charges that they participated in a kickback scheme that funneled pregnant Hispanic women to hospitals the company owned and allowed it to fraudulently bill state Medicaid...

BRIEF-Tenet Healthcare Named Paola Arbour As Chief Information Officer

* TENET HEALTHCARE CORP - PAOLA ARBOUR NAMED CHIEF INFORMATION OFFICER, MARIE QUINTANA NAMED CHIEF MARKETING OFFICER Source text for Eikon: Further company coverage:

Hospital operator Tenet posts surprise profit, raises outlook

Tenet Healthcare Corp <THC.N> reported a surprise quarterly profit on Monday, as the hospital operator benefited from lower costs and a jump in patient visits partly due to the severe flu season.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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