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 (EPS) guidance of -0.060–0.040 for the period, compared to the consensus 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.

Wall Street Analysts Forecast Growth

CCRN has been the subject of a number of analyst reports. Zacks Research raised shares of Cross Country Healthcare from a “strong sell” rating to a “hold” rating in a research note on Monday, January 19th. Cross Research set a $14.00 price objective on Cross Country Healthcare in a research report on Thursday. UBS Group dropped their price objective on Cross Country Healthcare from $16.50 to $9.00 and set a “neutral” rating on the stock in a research note on Tuesday, December 9th. Citizens Jmp set a $11.00 target price on Cross Country Healthcare in a research note on Thursday, December 4th. Finally, Citigroup reiterated a “market outperform” rating on shares of Cross Country Healthcare in a report on Friday, December 19th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $12.03.

Cross Country Healthcare Stock Performance

Shares of NASDAQ:CCRN opened at $9.89 on Friday. The firm has a market cap of $324.00 million, a P/E ratio of -3.38, a PEG ratio of 6.71 and a beta of 0.42. Cross Country Healthcare has a 52-week low of $7.43 and a 52-week high of $16.84. The business’s 50 day simple moving average is $8.66 and its two-hundred day simple moving average is $10.76.

Cross Country Healthcare (NASDAQ:CCRN) last issued its earnings results on Wednesday, March 4th. The business services provider reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.09). Cross Country Healthcare had a positive return on equity of 0.12% and a negative net margin of 9.00%.The firm had revenue of $236.76 million during the quarter, compared to the consensus estimate of $254.30 million. Cross Country Healthcare has set its Q1 2026 guidance at -0.060–0.040 EPS. On average, equities analysts forecast that Cross Country Healthcare will post 0.53 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Cross Country Healthcare

Large investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. raised its stake in shares of Cross Country Healthcare by 13.5% in the fourth quarter. Franklin Resources Inc. now owns 40,350 shares of the business services provider’s stock worth $327,000 after purchasing an additional 4,792 shares during the last quarter. Creative Planning bought a new stake in Cross Country Healthcare during the second quarter worth $367,000. Jane Street Group LLC lifted its stake in Cross Country Healthcare by 152.8% during the 2nd quarter. Jane Street Group LLC now owns 31,477 shares of the business services provider’s stock valued at $411,000 after acquiring an additional 19,027 shares in the last quarter. Moore Capital Management LP boosted its holdings in Cross Country Healthcare by 249.9% during the 2nd quarter. Moore Capital Management LP now owns 105,100 shares of the business services provider’s stock worth $1,372,000 after acquiring an additional 75,061 shares during the last quarter. Finally, XTX Topco Ltd bought a new stake in shares of Cross Country Healthcare in the 4th quarter worth $454,000. Institutional investors own 96.03% of the company’s stock.

About Cross Country Healthcare

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.