Community Health Systems (NYSE:CYH) Releases Earnings Results, Misses Expectations By $0.09 EPS

Community Health Systems (NYSE:CYHGet Free Report) released its quarterly earnings data on Wednesday. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.09), Zacks reports. Community Health Systems had a negative return on equity of 7.62% and a net margin of 3.78%.The business had revenue of $2.83 billion for the quarter, compared to analyst estimates of $2.89 billion. Community Health Systems updated its FY 2026 guidance to -1.250–1.100 EPS.

Community Health Systems Trading Up 0.4%

CYH traded up $0.01 during trading hours on Wednesday, hitting $3.22. The company’s stock had a trading volume of 1,333,167 shares, compared to its average volume of 1,679,422. The company has a 50-day simple moving average of $3.11 and a 200 day simple moving average of $3.14. The firm has a market capitalization of $454.33 million, a PE ratio of 0.94 and a beta of 1.81. Community Health Systems has a fifty-two week low of $2.38 and a fifty-two week high of $4.43.

Analyst Ratings Changes

A number of brokerages have recently weighed in on CYH. Barclays cut Community Health Systems from an “equal weight” rating to an “underweight” rating and set a $3.00 price target on the stock. in a research report on Wednesday, July 8th. Weiss Ratings upgraded Community Health Systems from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 2nd. Wall Street Zen raised Community Health Systems from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Truist Financial boosted their price target on shares of Community Health Systems from $3.00 to $3.75 and gave the company a “hold” rating in a report on Tuesday, July 14th. Finally, Zacks Research lowered shares of Community Health Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $3.41.

Check Out Our Latest Report on Community Health Systems

Institutional Inflows and Outflows

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

About Community Health Systems

(Get Free Report)

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.

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Earnings History for Community Health Systems (NYSE:CYH)

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