Tenet Healthcare Corporation (THC)Healthcare | Medical Care Facilities | Dallas, United States | NYSE
267.25 USD
-7.88
(-2.864%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 267.25 |
Hot Take ↕ | Oct. 10, 2026, 4:32 a.m. EDT
The company delivered a massive earnings beat in the second quarter, driving the stock higher and reinforcing its status as a high-quality healthcare operator with exceptional returns on equity. While the balance sheet carries significant debt, the profitability and cash generation remain robust enough to support a solid long-term buy recommendation. However, the stock is trading near its fifty-two-week high, which creates some near-term resistance, and the statistical models offer only a weak lean upward for the coming month. There is no dividend income to offset the capital gains requirement, so investors must rely entirely on price appreciation. The options market agrees with the bullish thesis, placing heavy bets on continued gains, though the low confidence in short-term forecasts suggests caution on the immediate horizon. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.040245 |
| AutoARIMA | 0.077887 |
| AutoETS | 0.077891 |
| MSTL | 0.085110 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 1.03 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.283 |
| Excess Kurtosis | -0.65 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Ex Dividend Date | 2000-03-12 |
| Last Dividend Date | 2000-03-12 |
| Debt to Equity Ratio | 152.276 |
| Revenue per Share | 252.492 |
| Market Cap | 21,518,702,592 |
| Trailing P/E | 10.33 |
| Forward P/E | 12.68 |
| Beta | 1.20 |
| Profit Margins | 10.27% |
| Website | https://www.tenethealth.com |
As of Oct. 10, 2026, 4:32 a.m. EDT: Speculators are positioning for upside with call option open interest concentrated at strikes above the current price, specifically building walls at 280, 290, and 330. Implied volatility remains elevated across expirations, suggesting uncertainty, yet the volume skew favors calls over puts at near-term dates. Put buyers are hedging around the 250 to 260 strike range, creating a floor, while long-dated calls show aggressive bets on a move toward 350.
| Date | Dividend | Yield % |
|---|---|---|
| 2000-03-13 | 0.026667 | 0.049383 |
| 1993-08-16 | 0.320000 | 1.043478 |
| 1993-05-17 | 0.320000 | 1.333333 |
| 1993-02-12 | 0.320000 | 1.129412 |
| 1992-11-06 | 0.320000 | 1.032258 |
| 1992-08-10 | 0.320000 | 0.834783 |
| 1992-05-11 | 0.306667 | 0.741936 |
| 1992-02-10 | 0.306667 | 0.707693 |
| 1991-11-08 | 0.306667 | 0.766668 |
| 1991-08-12 | 0.306667 | 0.495957 |
| 1991-05-13 | 0.266667 | 0.432433 |
| 1991-02-11 | 0.266667 | 0.443214 |
| 1990-11-09 | 0.266667 | 0.561404 |
| 1990-08-13 | 0.266667 | 0.571429 |
| 1990-05-14 | 0.240000 | 0.503496 |
| 1990-02-12 | 0.240000 | 0.547529 |
| 1990-02-01 | 2.500000 | 5.791506 |
| 1989-11-13 | 0.240000 | 0.483221 |
| 1989-08-14 | 0.240000 | 0.521739 |
| 1989-05-15 | 0.226667 | 0.548388 |
| 1989-02-13 | 0.226667 | 0.638499 |
| 1988-11-14 | 0.226667 | 0.786128 |
| 1988-08-15 | 0.226667 | 0.839507 |
| 1988-05-16 | 0.213333 | 0.739883 |
| 1988-02-12 | 0.213333 | 0.805030 |
| 1987-11-16 | 0.213333 | 0.815285 |
| 1987-08-17 | 0.200000 | 0.517241 |
| 1987-05-18 | 0.200000 | 0.594059 |
| 1987-02-13 | 0.200000 | 0.618557 |
| 1986-11-17 | 0.200000 | 0.574163 |
| 1986-08-18 | 0.186667 | 0.592594 |
| 1986-05-19 | 0.186667 | 0.586389 |
| 1986-02-18 | 0.186667 | 0.682928 |
| 1985-11-18 | 0.186667 | 0.625699 |
| 1985-08-19 | 0.173333 | 0.512314 |
| 1985-05-20 | 0.173333 | 0.454148 |
| 1985-02-19 | 0.173333 | 0.458149 |
| 1984-11-16 | 0.173333 | 0.626505 |
| 1984-08-20 | 0.146667 | 0.465610 |
| 1984-05-21 | 0.146667 | 0.491621 |
| 1984-02-17 | 0.146667 | 0.508672 |
| 1983-11-18 | 0.146667 | 0.508672 |
| 1983-08-19 | 0.133333 | 0.380951 |
| 1983-05-19 | 0.133333 | 0.344827 |
| 1983-02-18 | 0.133333 | 0.431033 |
| 1982-11-19 | 0.133333 | 0.495048 |
| 1982-08-20 | 0.106667 | 0.625002 |
| 1982-05-20 | 0.106667 | 0.677968 |
| 1982-02-22 | 0.106667 | 0.666669 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.32229972 |
| Address1 | 14,201 Dallas Parkway |
| All Time High | 283.05 |
| All Time Low | 3.12 |
| Ask | 281.0 |
| Ask Size | 100 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.6 - Buy |
| Average Daily Volume10 Day | 589,150 |
| Average Daily Volume3 Month | 883,906 |
| Average Volume | 883,906 |
| Average Volume10Days | 589,150 |
| Beta | 1.199 |
| Bid | 250.0 |
| Bid Size | 300 |
| Board Risk | 3 |
| Book Value | 57.858 |
| City | Dallas |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 267.25 |
| Current Ratio | 1.406 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 278.39 |
| Day Low | 265.67 |
| Debt To Equity | 152.276 |
| Display Name | Tenet Healthcare |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,304,000 |
| Earnings Call Timestamp Start | 1,793,304,000 |
| Earnings Growth | 2.134 |
| Earnings Quarterly Growth | 1.868 |
| Earnings Timestamp | 1,793,277,000 |
| Earnings Timestamp End | 1,793,277,000 |
| Earnings Timestamp Start | 1,793,277,000 |
| Ebitda | 4,844,000,256 |
| Ebitda Margins | 0.22208 |
| Enterprise To Ebitda | 7.564 |
| Enterprise To Revenue | 1.68 |
| Enterprise Value | 36,638,703,616 |
| Eps Current Year | 21.22417 |
| Eps Forward | 21.08446 |
| Eps Trailing Twelve Months | 25.88 |
| Esg Populated | 0 |
| Ex Dividend Date | 952,905,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 264.2486 |
| Fifty Day Average Change | 3.0014038 |
| Fifty Day Average Change Percent | 0.011358258 |
| Fifty Two Week Change Percent | 32.229973 |
| Fifty Two Week High | 283.05 |
| Fifty Two Week High Change | -15.799988 |
| Fifty Two Week High Change Percent | -0.055820487 |
| Fifty Two Week Low | 157.58 |
| Fifty Two Week Low Change | 109.67 |
| Fifty Two Week Low Change Percent | 0.6959639 |
| Fifty Two Week Range | 157.58 - 283.05 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 322,151,400,000 |
| Five Year Avg Dividend Yield | 2.21 |
| Float Shares | 79,684,823 |
| Forward Eps | 21.08446 |
| Forward P E | 12.675213 |
| Free Cashflow | 2,247,875,072 |
| Full Exchange Name | NYSE |
| Full Time Employees | 77,000 |
| Fullday Change | -7.880005 |
| Fullday Change Percent | -2.8641024 |
| Fullday Price | 267.25 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.41661 |
| Gross Profits | 9,086,999,552 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00969 |
| Held Percent Institutions | 1.01957 |
| Implied Shares Outstanding | 80,519,000 |
| Industry | Medical Care Facilities |
| Industry Disp | Medical Care Facilities |
| Industry Key | medical-care-facilities |
| Ir Website | http://www.tenethealth.com/investors/pages/default.aspx |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 952,905,600 |
| Last Dividend Value | 0.026667 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,349,913,600 |
| Last Split Factor | 1:4 |
| Long Business Summary | 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 services, including physical therapy; tertiary care services, such as cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; pediatric quaternary care services through heart, liver, and kidney transplants programs; and limb salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging technology, surgical robotic, and telemedicine access services. In addition, it offers a range of procedures and services comprising orthopedics, total joint replacement, and spinal and other musculoskeletal procedures; gastroenterology; pain management; otolaryngology; ophthalmology; and urology. Further, the company operates acute care and specialty hospitals, off-campus emergency departments, imaging centers, urgent care centers, and micro-hospitals, as well as ambulatory surgery centers and surgical hospitals. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas. |
| Long Name | Tenet Healthcare Corporation |
| Market | us_market |
| Market Cap | 21,518,702,592 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_107911 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 2,240,999,936 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 21,100,809,140 |
| Number Of Analyst Opinions | 22 |
| Open | 276.96 |
| Operating Cashflow | 4,015,000,064 |
| Operating Margins | 0.18159 |
| Overall Risk | 1 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.85 |
| Phone | 469 893 2200 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 267.25 |
| Post Market Time | 1,792,194,044 |
| Previous Close | 275.13 |
| Price Eps Current Year | 12.591776 |
| Price Hint | 2 |
| Price To Book | 4.619067 |
| Price To Sales Trailing12 Months | 0.9865534 |
| Profit Margins | 0.102740005 |
| Quick Ratio | 1.145 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.56522 |
| Region | US |
| Regular Market Change | -7.88 |
| Regular Market Change Percent | -2.8641 |
| Regular Market Day High | 278.39 |
| Regular Market Day Low | 265.67 |
| Regular Market Day Range | 265.67 - 278.39 |
| Regular Market Open | 276.96 |
| Regular Market Previous Close | 275.13 |
| Regular Market Price | 267.25 |
| Regular Market Time | 1,792,180,802 |
| Regular Market Volume | 827,555 |
| Return On Assets | 0.083179995 |
| Return On Equity | 0.37337002 |
| Revenue Growth | 0.068 |
| Revenue Per Share | 252.492 |
| Sand P52 Week Change | 0.13723719 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Share Holder Rights Risk | 1 |
| Shares Outstanding | 80,519,000 |
| Shares Percent Shares Out | 0.0227 |
| Shares Short | 1,827,936 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 1,887,387 |
| Short Name | Tenet Healthcare Corporation |
| Short Percent Of Float | 0.026600001 |
| Short Ratio | 2.3 |
| Source Interval | 15 |
| State | TX |
| Symbol | THC |
| Target High Price | 315.0 |
| Target Low Price | 260.0 |
| Target Mean Price | 286.4091 |
| Target Median Price | 285.0 |
| Total Cash | 2,169,999,872 |
| Total Cash Per Share | 26.95 |
| Total Debt | 13,248,000,000 |
| Total Revenue | 21,812,000,768 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 25.88 |
| Trailing P E | 10.326508 |
| Trailing Peg Ratio | 1.8172 |
| Triggerable | 1 |
| Two Hundred Day Average | 216.8249 |
| Two Hundred Day Average Change | 50.425095 |
| Two Hundred Day Average Change Percent | 0.23256136 |
| Type Disp | Equity |
| Volume | 827,555 |
| Website | https://www.tenethealth.com |
| Zip | 75,254 |