Community Health Systems (NYSE:CYH) Updates FY 2026 Earnings Guidance

Community Health Systems (NYSE:CYHGet Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of -0.600-0.000 for the period, compared to the consensus EPS estimate of -0.420. The company issued revenue guidance of $11.6 billion-$12.0 billion, compared to the consensus revenue estimate of $12.8 billion.

Community Health Systems Trading Up 1.9%

Shares of Community Health Systems stock traded up $0.07 during trading on Thursday, reaching $3.41. The company’s stock had a trading volume of 1,944,204 shares, compared to its average volume of 1,691,302. Community Health Systems has a fifty-two week low of $2.24 and a fifty-two week high of $4.47. The company has a 50-day moving average price of $3.24 and a two-hundred day moving average price of $3.18. The firm has a market cap of $471.66 million, a PE ratio of 1.41 and a beta of 2.10.

Community Health Systems (NYSE:CYHGet Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $1.00. Community Health Systems had a net margin of 2.60% and a negative return on equity of 6.90%. The company had revenue of $3.11 billion during the quarter, compared to analysts’ expectations of $3.14 billion. During the same period in the previous year, the company earned ($0.42) EPS. The business’s quarterly revenue was down 4.9% compared to the same quarter last year. Community Health Systems has set its FY 2026 guidance at -0.600-0.000 EPS. On average, analysts predict that Community Health Systems will post -0.29 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently commented on CYH. Wall Street Zen downgraded Community Health Systems from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Wells Fargo & Company decreased their price target on shares of Community Health Systems from $3.00 to $2.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Community Health Systems in a report on Monday, December 29th. Truist Financial set a $4.50 target price on shares of Community Health Systems in a report on Monday, January 5th. Finally, UBS Group boosted their price target on Community Health Systems from $3.20 to $3.60 and gave the company a “neutral” rating in a research note on Monday, October 27th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $3.60.

Read Our Latest Report on CYH

Hedge Funds Weigh In On Community Health Systems

A number of institutional investors have recently modified their holdings of CYH. Royal Bank of Canada increased its holdings in Community Health Systems by 601.9% in the fourth quarter. Royal Bank of Canada now owns 9,286 shares of the company’s stock worth $29,000 after purchasing an additional 7,963 shares in the last quarter. Lazard Asset Management LLC bought a new position in Community Health Systems in the 4th quarter valued at about $34,000. Quarry LP bought a new stake in Community Health Systems during the 3rd quarter worth approximately $39,000. CIBC Bancorp USA Inc. purchased a new stake in Community Health Systems in the 3rd quarter valued at $44,000. Finally, Oxford Asset Management LLP purchased a new position in Community Health Systems during the 4th quarter worth $45,000. Institutional investors and hedge funds 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 and Estimates for Community Health Systems (NYSE:CYH)

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