Zacks Research Analysts Reduce Earnings Estimates for CYH

Community Health Systems, Inc. (NYSE:CYH) – Investment analysts at Zacks Research cut their Q3 2026 earnings per share (EPS) estimates for shares of Community Health Systems in a research note issued on Friday, July 31st. Zacks Research analyst Team now forecasts that the company will earn ($0.38) per share for the quarter, down from their prior forecast of ($0.03). Zacks Research has a “Hold” rating on the stock. The consensus estimate for Community Health Systems’ current full-year earnings is ($0.69) per share. Zacks Research also issued estimates for Community Health Systems’ Q4 2026 earnings at ($0.15) EPS, FY2026 earnings at ($1.20) EPS, Q1 2027 earnings at ($0.18) EPS, Q2 2027 earnings at ($0.08) EPS, Q3 2027 earnings at ($0.31) EPS, Q4 2027 earnings at ($0.15) EPS, FY2027 earnings at ($0.72) EPS, Q1 2028 earnings at ($0.07) EPS, Q2 2028 earnings at ($0.03) EPS and FY2028 earnings at ($0.29) EPS.

Community Health Systems (NYSE:CYH) last released its earnings results on Wednesday, July 22nd. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.09). Community Health Systems had a negative return on equity of 6.66% and a net margin of 2.10%.The business had revenue of $2.83 billion for the quarter, compared to the consensus estimate of $2.89 billion. During the same quarter in the previous year, the firm earned ($0.05) earnings per share. The company’s revenue for the quarter was down 9.8% on a year-over-year basis. Community Health Systems has set its FY 2026 guidance at -1.250–1.100 EPS.

Other research analysts also recently issued research reports about the company. Truist Financial cut their price target on Community Health Systems from $3.75 to $3.25 and set a “hold” rating for the company in a research note on Monday, July 27th. Weiss Ratings upgraded Community Health Systems from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 2nd. Barclays cut their target price on shares of Community Health Systems from $3.00 to $2.50 and set an “underweight” rating for the company in a research report on Thursday, July 23rd. Royal Bank Of Canada lowered their price target on shares of Community Health Systems from $5.00 to $4.00 and set an “outperform” rating on the stock in a research report on Monday, July 27th. Finally, UBS Group dropped their price target on shares of Community Health Systems from $3.20 to $3.00 and set a “neutral” rating on the stock in a research note on Friday, July 24th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Community Health Systems currently has a consensus rating of “Reduce” and an average target price of $2.95.

Community Health Systems Price Performance

NYSE:CYH opened at $2.92 on Tuesday. The company has a market capitalization of $411.04 million, a P/E ratio of 1.58 and a beta of 1.84. The business has a fifty day simple moving average of $3.11 and a two-hundred day simple moving average of $3.11. Community Health Systems has a 1 year low of $2.38 and a 1 year high of $4.43.

Institutional Trading of Community Health Systems

Several institutional investors and hedge funds have recently modified their holdings of the business. Marshall Wace LLP increased its holdings in shares of Community Health Systems by 276.3% in the 4th quarter. Marshall Wace LLP now owns 1,523,837 shares of the company’s stock worth $4,754,000 after buying an additional 1,118,864 shares during the last quarter. Owl Creek Asset Management L.P. lifted its stake in Community Health Systems by 65.4% during the first quarter. Owl Creek Asset Management L.P. now owns 2,530,622 shares of the company’s stock worth $7,440,000 after purchasing an additional 1,000,862 shares during the last quarter. Carronade Capital Management LP increased its position in shares of Community Health Systems by 306.7% during the 1st quarter. Carronade Capital Management LP now owns 1,321,923 shares of the company’s stock valued at $3,886,000 after purchasing an additional 996,923 shares during the last quarter. Eversept Partners LP boosted its stake in Community Health Systems by 14.3% in the fourth quarter. Eversept Partners LP now owns 7,943,802 shares of the company’s stock worth $24,785,000 after buying an additional 993,751 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Community Health Systems by 112.4% in the 2nd quarter. Bank of America Corp DE now owns 1,872,343 shares of the company’s stock worth $6,366,000 after acquiring an additional 991,014 shares during the last quarter. Hedge funds and other institutional investors own 84.99% of the company’s stock.

Key Stories Impacting Community Health Systems

Here are the key news stories impacting Community Health Systems this week:

• Negative Sentiment: Zacks cut its FY2026 EPS forecast to $(1.20) from $(0.58), suggesting a considerably deeper loss than previously expected. The firm also reduced its Q3 2026 estimate to $(0.38) from $(0.03) and its Q4 2026 estimate to $(0.15) from a projected profit of $0.06.
• Negative Sentiment: The earnings revisions extended into 2027: FY2027 EPS is now expected at $(0.72), down from $(0.14). Zacks lowered Q2 2027 EPS to $(0.08) from $(0.05), Q3 2027 to $(0.31) from $(0.01), and Q1 2027 to $(0.18) from $(0.17).
• Negative Sentiment: Zacks also shifted its FY2028 outlook from a projected profit of $0.07 per share to a $(0.29) loss. Q1 2028 and Q2 2028 estimates were set at $(0.07) and $(0.03), respectively, while Q4 2027 EPS was cut to $(0.15) from $0.09.
• Neutral Sentiment: Zacks retained its Hold rating, indicating that the analyst does not currently see a strong enough case for either an upgrade or a downgrade despite the weaker profit projections.

About Community Health Systems

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.