Community Health Systems (NYSE:CYH) Releases Quarterly Earnings Results, Beats Estimates By $1.00 EPS

Community Health Systems (NYSE:CYHGet Free Report) posted its earnings results on Wednesday. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.20) by $1.00, reports. The company had revenue of $3.11 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Community Health Systems had a net margin of 2.60% and a negative return on equity of 6.90%. Community Health Systems’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same quarter last year, the company posted ($0.42) EPS. Community Health Systems updated its FY 2026 guidance to -0.600-0.000 EPS.

Community Health Systems Trading Up 3.1%

Community Health Systems stock traded up $0.11 during trading hours on Thursday, reaching $3.45. 2,437,033 shares of the stock were exchanged, compared to its average volume of 1,706,445. The stock has a 50 day moving average of $3.24 and a two-hundred day moving average of $3.18. The company has a market cap of $477.20 million, a P/E ratio of 1.42 and a beta of 2.10. Community Health Systems has a twelve month low of $2.24 and a twelve month high of $4.47.

Institutional Trading of Community Health Systems

Several large investors have recently bought and sold shares of CYH. Vanguard Group Inc. raised its stake in Community Health Systems by 0.6% during the third quarter. Vanguard Group Inc. now owns 8,553,686 shares of the company’s stock worth $27,457,000 after acquiring an additional 50,576 shares in the last quarter. Nomura Holdings Inc. grew its stake in shares of Community Health Systems by 4.3% during the third quarter. Nomura Holdings Inc. now owns 7,585,919 shares of the company’s stock worth $24,351,000 after buying an additional 314,840 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Community Health Systems by 25.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,035,088 shares of the company’s stock worth $9,469,000 after buying an additional 607,066 shares in the last quarter. Whitebox Advisors LLC lifted its stake in shares of Community Health Systems by 11.7% in the 3rd quarter. Whitebox Advisors LLC now owns 2,385,086 shares of the company’s stock valued at $7,656,000 after acquiring an additional 250,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Community Health Systems by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,324,672 shares of the company’s stock valued at $7,253,000 after acquiring an additional 64,858 shares in the last quarter. 84.99% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on CYH shares. Weiss Ratings restated a “hold (c)” rating on shares of Community Health Systems in a report on Monday, December 29th. Truist Financial set a $4.50 price target on Community Health Systems in a report on Monday, January 5th. UBS Group upped their price objective on Community Health Systems from $3.20 to $3.60 and gave the company a “neutral” rating in a report on Monday, October 27th. Wells Fargo & Company dropped their target price on Community Health Systems from $3.00 to $2.00 and set an “underweight” rating for the company in a report on Wednesday, January 7th. Finally, Wall Street Zen downgraded shares of Community Health Systems from a “buy” rating to a “hold” rating in a research note on Sunday, November 2nd. One analyst has rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Community Health Systems currently has a consensus rating of “Hold” and a consensus price target of $3.60.

View Our Latest Report on Community Health Systems

Community Health Systems Company Profile

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Community Health Systems, Inc (NYSE: CYH) is one of the largest publicly traded hospital operators in the United States. Headquartered in Franklin, Tennessee, the company owns, leases and manages general acute care hospitals and outpatient facilities, primarily in non-urban and mid-market communities. CHS is focused on delivering locally accessible healthcare services through its network of affiliated hospitals, clinics and post-acute providers.

The company’s core offerings include inpatient medical and surgical care, emergency services, critical care, diagnostic imaging and laboratory testing.

Further Reading

Earnings History for Community Health Systems (NYSE:CYH)

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