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Tenet Healthcare Corp

THC.N

Latest Trade

68.58USD

Change

2.65(+4.02%)

Volume

208,952

Today's Range

66.11

 - 

68.78

52 Week Range

16.27

 - 

70.69

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

Pricing

Previous Close
65.93
Open
66.56
Volume
208,952
3M AVG Volume
21.85
Today's High
68.78
Today's Low
66.11
52 Week High
70.69
52 Week Low
16.27
Shares Out (MIL)
106.79
Market Cap (MIL)
7,040.69
Forward P/E
13.18
Dividend (Yield %)
--

Next Event

Q2 2021 Tenet Healthcare Corp Earnings Release

Latest Developments

More

Steward Health Care To Acquire Five Hospitals From Tenet Healthcare

Tenet Announces Pricing Of $1.4 Bln Private Offering Of Senior Secured Notes

Tenet Announces $1.4 Billion Private Offering Of Senior Secured Notes

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About Tenet Healthcare Corp

Tenet Healthcare Corporation is a diversified healthcare services company. The Company's segments include Hospital Operations and other (Hospital Operations) segment, Ambulatory Care segment and Conifer segment. Through its subsidiaries, partnerships and joint ventures, including USPI Holding Company, Inc. (USPI), The Company operates approximately 65 hospitals and more than 450 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, imaging centers and other care sites and clinics. In addition, it operates Conifer Health Solutions, LLC through its Conifer Holdings, Inc. (Conifer) subsidiary, which provides revenue cycle management and value-based care services to hospitals, healthcare systems, physician practices, employers and other customers.

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, Director

Daniel J. Cancelmi

Chief Financial Officer, Executive Vice President

Paola M. Arbour

Executive Vice President, Chief Information Officer

Marie Quintana

Executive Vice President - Communications, Chief Marketing Officer

Key Stats

2.21 mean rating - 14 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2018

18.3K

2019

18.5K

2020

17.6K

2021(E)

19.6K
EPS (USD)

2018

1.860

2019

2.680

2020

7.920

2021(E)

5.004
Price To Earnings (TTM)
18.31
Price To Sales (TTM)
0.39
Price To Book (MRQ)
57.19
Price To Cash Flow (TTM)
4.12
Total Debt To Equity (MRQ)
12,386.18
LT Debt To Equity (MRQ)
12,274.80
Return on Investment (TTM)
4.60
Return on Equity (TTM)
3.30

Latest News

Latest News

Tenet withdraws from proposed $350 million Tennessee hospital deal

Hospital operator Tenet Healthcare Corp said on Wednesday it no longer intends to sell two Memphis-area hospitals and certain related facilities to Methodist Le Bonheur Healthcare, following a lawsuit by a U.S. regulator.

U.S. sues to block $350 million Tennessee hospital deal

The U.S. Federal Trade Commission filed a lawsuit aimed at stopping Methodist Le Bonheur Healthcare, which has four hospitals in the Memphis area, from acquiring two more in a deal valued at $350 million, the agency said on Friday.

Tenet Healthcare profit beats as hospital visits rise amid pandemic

Hospital operator Tenet Healthcare Corp's <THC.N> quarterly profit exceeded analysts' estimates on Tuesday as more COVID-19 patients were treated and people opted to resume elective procedures after coronavirus restrictions eased.

Tenet Healthcare revenue falls on fewer hospital visits amid pandemic

Hospital operator Tenet Healthcare Corp on Tuesday reported a 1.2% fall in net operating revenue in the third quarter as patients reduced hospitals visits during the COVID-19 pandemic.

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

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

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