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Realtime updates for Tenet Healthcare Corp [THC]

Exchange: NYSE Sector: Healthcare Industry: Medical - Care Facilities
Upcoming Earnings Alert

4 days till quarter result
(bmo 2024-04-30)

Expected move: +/- 5.68%

Last Updated26 Apr 2024 @ 12:07

-2.47% $ 95.10

Live Chart Being Loaded With Signals

Commentary (26 Apr 2024 @ 12:07):
Profile picture for 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...

Stats
Today's Volume 663 214
Average Volume 1.18M
Market Cap 9.51B
EPS $0 ( 2024-04-23 )
Next earnings date ( $1.450 ) 2024-04-30
Last Dividend $0.0267 ( 2000-03-13 )
Next Dividend $0 ( N/A )
P/E 16.65
ATR14 $0.100 (0.11%)
Insider Trading
Date Person Action Amount type
2024-04-05 Sutaria Saumya Sell 125 000 Common Stock
2024-03-12 Mark Richard J Sell 14 000 Common Stock
2024-03-06 Arbour Paola M Sell 18 168 Common Stock
2024-03-01 Sutaria Saumya Buy 36 384 Common Stock
2024-03-01 Sutaria Saumya Sell 18 440 Common Stock
INSIDER POWER
16.00
Last 100 transactions
Buy: 648 172 | Sell: 468 257

Volume Correlation

Long: 0.08 (neutral)
Short: -0.15 (neutral)
Signal:(69.014) Neutral

Tenet Healthcare Corp Correlation

10 Most Positive Correlations
KOLD0.935
MTH0.93
QFTA0.927
OMC0.924
ALCC0.922
FMS0.918
AKO-A0.912
PEN0.912
PHM0.908
GOGN0.906
10 Most Negative Correlations
UNL-0.921
GRUB-0.92
GAZ-0.915
UNG-0.915
PAK-0.91
CHGG-0.891
IIPR-0.891
BOIL-0.877
RKLY-0.874
CCOR-0.873

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Tenet Healthcare Corp Correlation - Currency/Commodity

The country flag 0.31
( neutral )
The country flag 0.30
( neutral )
The country flag 0.00
( neutral )
The country flag 0.15
( neutral )
The country flag -0.11
( neutral )
The country flag -0.10
( neutral )

Tenet Healthcare Corp Financials

Annual 2023
Revenue: $20.55B
Gross Profit: $2.43B (11.81 %)
EPS: $6.01
FY 2023
Revenue: $20.55B
Gross Profit: $2.43B (11.81 %)
EPS: $6.01
FY 2022
Revenue: $19.17B
Gross Profit: $15.90B (82.93 %)
EPS: $9.35
FY 2021
Revenue: $19.49B
Gross Profit: $16.16B (82.92 %)
EPS: $8.70

Financial Reports:

No articles found.

Tenet Healthcare Corp Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Tenet Healthcare Corp Dividend Information - Ex Dividend Junior

Dividend Sustainability Score: 8.63 - good (86.30%) | Divividend Growth Potential Score: 3.81 - No dividend growth expected in the near future
Information
First Dividend $0.107 1982-02-22
Last Dividend $0.0267 2000-03-13
Next Dividend $0 N/A
Payout Date 2000-03-24
Next Payout Date N/A
# dividends 49 --
Total Paid Out $12.61 --
Avg. Dividend % Per Year 0.00% --
Score 2.86 --
Div. Sustainability Score 8.63
Div.Growth Potential Score 3.81
Div. Directional Score 6.22 --
Next Divdend (Est)
(2024-06-13)
$0 Estimate 0.00 %
Dividend Stability
0.06 Very Bad
Dividend Score
2.86
Pay Frequency
Annually
Yearly Payout
Year Amount Yield
1982 $0.454 2.35%
1983 $0.546 1.88%
1984 $0.614 1.94%
1985 $0.706 2.33%
1986 $0.761 2.51%
1987 $0.813 2.67%
1988 $0.880 3.43%
1989 $0.934 3.28%
1990 $3.51 6.69%
1991 $1.148 2.30%
1992 $1.254 2.89%
1993 $0.960 2.88%
1994 $0 0.00%
1995 $0 0.00%
1996 $0 0.00%
1997 $0 0.00%
1998 $0 0.00%
1999 $0 0.00%
2000 $0.0267 0.04%
2001 $0 0.00%
2002 $0 0.00%
2003 $0 0.00%
2004 $0 0.00%
2005 $0 0.00%
2006 $0 0.00%
2007 $0 0.00%
2008 $0 0.00%
2009 $0 0.00%
2010 $0 0.00%
2011 $0 0.00%
2012 $0 0.00%
2013 $0 0.00%
2014 $0 0.00%
2015 $0 0.00%
2016 $0 0.00%
2017 $0 0.00%
2018 $0 0.00%
2019 $0 0.00%
2020 $0 0.00%
2021 $0 0.00%
2022 $0 0.00%
2023 $0 0.00%
2024 $0 0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Top 10 dividend Companies for NYSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
LOMA Dividend Knight 2023-06-30 Quarterly 2 5.23% 8.53
VGI Dividend Royal 2024-02-09 Monthly 13 7.36% 8.50
JQC Dividend Royal 2023-11-14 Monthly 22 6.56% 8.50
PHK Dividend Royal 2023-11-10 Monthly 22 6.88% 8.50
PCF Dividend King 2023-12-18 Monthly 38 7.05% 8.50
PVL Dividend King 2023-11-15 Monthly 14 9.37% 8.50
NCV Dividend Royal 2024-02-09 Monthly 22 7.68% 8.50
MTR Dividend Diamond 2023-10-30 Monthly 39 10.10% 8.50
SBR Dividend Royal 2023-11-14 Monthly 38 7.74% 8.50
PDI Dividend Royal 2023-11-10 Monthly 13 7.86% 8.50

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM0.03721.5009.2610.00[0 - 0.5]
returnOnAssetsTTM0.02701.2009.1010.00[0 - 0.3]
returnOnEquityTTM0.5411.5005.107.65[0.1 - 1]
payoutRatioTTM0-1.00000[0 - 1]
currentRatioTTM1.5060.8007.475.98[1 - 3]
quickRatioTTM1.0970.8008.256.60[0.8 - 2.5]
cashRatioTTM0.2581.5009.6810.00[0.2 - 2]
debtRatioTTM0.533-1.5001.119-1.679[0 - 0.6]
interestCoverageTTM2.771.000-0.0851-0.0851[3 - 30]
operatingCashFlowPerShareTTM23.522.002.164.32[0 - 30]
freeCashFlowPerShareTTM16.082.001.9623.92[0 - 20]
debtEquityRatioTTM9.38-1.50010.00-10.00[0 - 2.5]
grossProfitMarginTTM0.6441.0002.602.60[0.2 - 0.8]
operatingProfitMarginTTM0.1211.0009.579.57[0.1 - 0.6]
cashFlowToDebtRatioTTM0.1571.000-0.237-0.237[0.2 - 2]
assetTurnoverTTM0.7260.8008.496.80[0.5 - 2]
Total Score8.63

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM12.891.0008.800[1 - 100]
returnOnEquityTTM0.5412.506.857.65[0.1 - 1.5]
freeCashFlowPerShareTTM16.082.004.643.92[0 - 30]
dividendYielPercentageTTM01.50000[0 - 0.4]
operatingCashFlowPerShareTTM23.522.002.164.32[0 - 30]
payoutRatioTTM01.50000[0 - 1]
pegRatioTTM0.1111.500-2.590[0.5 - 2]
operatingCashFlowSalesRatioTTM0.1161.0009.610[0.1 - 0.5]
Total Score3.81

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.

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