Cross Country Healthcare (NASDAQ:CCRN) Updates Q1 2026 Earnings Guidance

Cross Country Healthcare (NASDAQ:CCRN) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of -0.060–0.040 for the period, compared to the consensus earnings per share estimate of 0.030. The company issued revenue guidance of $235.0 million-$240.0 million, compared to the consensus revenue estimate of $253.5 million.

Cross Country Healthcare Stock Performance

NASDAQ CCRN traded up $0.15 during trading hours on Wednesday, reaching $9.13. The stock had a trading volume of 624,826 shares, compared to its average volume of 536,784. Cross Country Healthcare has a 52-week low of $7.43 and a 52-week high of $17.02. The stock has a fifty day moving average of $8.60 and a 200 day moving average of $10.78. The stock has a market cap of $299.10 million, a P/E ratio of -18.63, a price-to-earnings-growth ratio of 6.49 and a beta of 0.42.

Cross Country Healthcare (NASDAQ:CCRN) last released its quarterly earnings data on Wednesday, March 4th. The business services provider reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.09). Cross Country Healthcare had a positive return on equity of 0.95% and a negative net margin of 1.39%.The business had revenue of $236.76 million during the quarter, compared to analyst estimates of $254.30 million. Cross Country Healthcare has set its Q1 2026 guidance at -0.060–0.040 EPS. On average, equities research analysts forecast that Cross Country Healthcare will post 0.53 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on CCRN shares. Jefferies Financial Group set a $8.65 target price on Cross Country Healthcare and gave the stock a “hold” rating in a research note on Thursday, December 4th. Truist Financial set a $10.00 price target on Cross Country Healthcare in a report on Tuesday, December 16th. UBS Group dropped their target price on Cross Country Healthcare from $16.50 to $9.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 9th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Cross Country Healthcare in a report on Monday, December 29th. Finally, Benchmark reiterated a “hold” rating on shares of Cross Country Healthcare in a research report on Monday, December 8th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Cross Country Healthcare currently has a consensus rating of “Hold” and an average target price of $11.38.

Institutional Trading of Cross Country Healthcare

Hedge funds have recently bought and sold shares of the business. Alliancebernstein L.P. boosted its position in shares of Cross Country Healthcare by 4.0% during the 2nd quarter. Alliancebernstein L.P. now owns 2,438,282 shares of the business services provider’s stock worth $31,820,000 after purchasing an additional 94,798 shares during the period. Goldman Sachs Group Inc. lifted its stake in Cross Country Healthcare by 56.9% during the first quarter. Goldman Sachs Group Inc. now owns 1,095,178 shares of the business services provider’s stock worth $16,307,000 after purchasing an additional 397,216 shares in the last quarter. Quinn Opportunity Partners LLC purchased a new position in shares of Cross Country Healthcare during the fourth quarter worth $8,470,000. Charles Schwab Investment Management Inc. boosted its position in shares of Cross Country Healthcare by 28.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 969,458 shares of the business services provider’s stock worth $7,853,000 after buying an additional 211,925 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of Cross Country Healthcare by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 893,620 shares of the business services provider’s stock valued at $7,240,000 after buying an additional 14,733 shares in the last quarter. Institutional investors and hedge funds own 96.03% of the company’s stock.

Cross Country Healthcare Company Profile

Cross Country Healthcare, Inc, headquartered in Boca Raton, Florida, is a leading provider of healthcare workforce solutions in the United States. The company specializes in the recruitment, placement and management of nursing and allied health professionals on both a travel and permanent basis. Through its integrated platform, Cross Country Healthcare serves hospitals, health systems, and long-term care facilities by matching qualified clinical talent with patient care needs across diverse care settings.

The company’s core service offerings include travel nurse and allied health staffing, per diem staffing, permanent placement services, and managed services programs.