NYSE:FHN First Horizon (FHN) Stock Price, News & Analysis $20.15 -0.04 (-0.20%) (As of 05:26 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About First Horizon Stock (NYSE:FHN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get First Horizon alerts:Sign Up Key Stats Today's Range$19.91▼$20.2650-Day Range$16.99▼$21.4352-Week Range$12.95▼$21.72Volume3.81 million shsAverage Volume6.54 million shsMarket Capitalization$10.68 billionP/E Ratio14.60Dividend Yield2.98%Price Target$21.00Consensus RatingModerate Buy Company OverviewFirst Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also accepts deposits; provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; financial planning; and offers investment and financial advisory services. In addition, it offers mortgage banking; loan syndications; brokerage services; commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, tax credit finance, energy and healthcare finance, asset management, and corporate and correspondent banking services. Further, the company provides transaction processing services including check clearing services and remittance processing, credit cards, investment, and sale of mutual fund and retail insurances, as well as trust, fiduciary, and agency services. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.Read More… First Horizon Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks90th Percentile Overall ScoreFHN MarketRank™: First Horizon scored higher than 90% of companies evaluated by MarketBeat, and ranked 161st out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingFirst Horizon has received a consensus rating of Moderate Buy. The company's average rating score is 2.54, and is based on 7 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageFirst Horizon has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about First Horizon's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth4.03% Earnings GrowthEarnings for First Horizon are expected to grow by 4.03% in the coming year, from $1.49 to $1.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Horizon is 14.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.28.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon is 14.60, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.97.Price to Earnings Growth RatioFirst Horizon has a PEG Ratio of 1.54. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFirst Horizon has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.91% of the float of First Horizon has been sold short.Short Interest Ratio / Days to CoverFirst Horizon has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Horizon has recently decreased by 2.82%, indicating that investor sentiment is improving. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldFirst Horizon pays a meaningful dividend of 2.92%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthFirst Horizon does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of First Horizon is 43.48%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Horizon will have a dividend payout ratio of 38.71% next year. This indicates that First Horizon will be able to sustain or increase its dividend.Read more about First Horizon's dividend. Sustainability and ESG3.3 / 5Environmental Score-0.43 Percentage of Shares Shorted1.91% of the float of First Horizon has been sold short.Short Interest Ratio / Days to CoverFirst Horizon has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Horizon has recently decreased by 2.82%, indicating that investor sentiment is improving. News and Social Media2.0 / 5News Sentiment0.59 News SentimentFirst Horizon has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for First Horizon this week, compared to 9 articles on an average week.Search InterestOnly 8 people have searched for FHN on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.MarketBeat Follows4 people have added First Horizon to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, First Horizon insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,195,456.00 in company stock.Percentage Held by InsidersOnly 0.87% of the stock of First Horizon is held by insiders.Percentage Held by Institutions80.28% of the stock of First Horizon is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about First Horizon's insider trading history. Receive FHN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Horizon and its competitors with MarketBeat's FREE daily newsletter. Email Address FHN Stock News HeadlinesInvestors Purchase Large Volume of Call Options on First Horizon (NYSE:FHN)December 26, 2024 | americanbankingnews.comFirst Horizon Operations Earns 2024 Commitment Award from TNCPEDecember 23, 2024 | prnewswire.comURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.December 30, 2024 | Crypto Swap Profits (Ad)First Horizon price target raised to $25 from $23 at BarclaysDecember 20, 2024 | markets.businessinsider.comFirst Horizon Corporation to Announce Fourth Quarter and Full Year Financial Results on January 16, 2025December 19, 2024 | prnewswire.comExpert Outlook: First Horizon Through The Eyes Of 14 AnalystsDecember 19, 2024 | benzinga.comNational bank puts its name on Cary soccer stadiumDecember 18, 2024 | bizjournals.comNORTH CAROLINA COURAGE ANNOUNCES FIRST HORIZON BANK AS STADIUM NAMING PARTNERDecember 18, 2024 | prnewswire.comSee More Headlines FHN Stock Analysis - Frequently Asked Questions How have FHN shares performed this year? First Horizon's stock was trading at $14.16 at the start of the year. Since then, FHN stock has increased by 42.3% and is now trading at $20.15. View the best growth stocks for 2024 here. How were First Horizon's earnings last quarter? First Horizon Co. (NYSE:FHN) issued its quarterly earnings data on Wednesday, October, 16th. The financial services provider reported $0.42 EPS for the quarter, topping the consensus estimate of $0.38 by $0.04. The financial services provider had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $821.63 million. First Horizon had a net margin of 15.43% and a trailing twelve-month return on equity of 9.51%. Is First Horizon doing a stock buyback? First Horizon's board initiated a share repurchase program on Tuesday, October 29th 2024, which permits the company to repurchase $1,000,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 10.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its shares are undervalued. How do I buy shares of First Horizon? Shares of FHN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of First Horizon own? Based on aggregate information from My MarketBeat watchlists, some other companies that First Horizon investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), Humana (HUM), American Water Works (AWK), Comcast (CMCSA), Charles Schwab (SCHW) and McKesson (MCK). Company Calendar Ex-Dividend for 10/1 Dividend9/13/2024Dividend Payable10/01/2024Last Earnings10/16/2024Ex-Dividend for 1/2 Dividend12/13/2024Today12/30/2024Fiscal Year End12/31/2024Dividend Payable1/02/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNYSE:FHN CUSIP32051710 CIK36966 Webwww.firsthorizon.com Phone(901) 523-4444Fax901-523-4945Employees7,378Year Founded1864Price Target and Rating Average Stock Price Target$21.00 High Stock Price Target$25.00 Low Stock Price Target$17.00 Potential Upside/Downside+4.2%Consensus RatingModerate Buy Rating Score (0-4)2.54 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$1.38 Trailing P/E Ratio14.60 Forward P/E Ratio13.52 P/E Growth1.54Net Income$897 million Net Margins15.43% Pretax Margin18.95% Return on Equity9.51% Return on Assets1.01% Debt Debt-to-Equity Ratio0.14 Current Ratio0.96 Quick Ratio0.95 Sales & Book Value Annual Sales$3.17 billion Price / Sales3.37 Cash Flow$1.65 per share Price / Cash Flow12.24 Book Value$15.70 per share Price / Book1.28Miscellaneous Outstanding Shares530,138,000Free Float525,526,000Market Cap$10.68 billion OptionableOptionable Beta0.91 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report This page (NYSE:FHN) was last updated on 12/30/2024 by MarketBeat.com Staff From Our Partners Is Starlink Set For The Largest IPO In History?He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again ...Paradigm Press | Sponsoredliberals FOOLED by Elon’s shocking surpriseElon Musk and Donald Trump fooled everyone. They said it was to “save free speech”... Or “fix what the l...StocksToTrade | Sponsored3 CENT Crypto to Explode December 16th?Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | Sponsored>>>RE: Buy this Stock before Trump Takes Office!To make sure everyone has the opportunity to get in, closes for good at midnight on January 1st, we're lowerin...Behind the Markets | SponsoredURGENT: This Altcoin Opportunity Won’t Wait – Act NowIt’s here. This is the moment we’ve been waiting for. The next 3-6 months in crypto will be absolutely life...Crypto Swap Profits | SponsoredDid You See Trump’s Bombshell Exec. Order 001?Starting with what I call Exec. Order 001. It’s a bombshell law that I believe Trump will sign within minut...Banyan Hill Publishing | SponsoredCould This Tiny Device Help You Make an Extra $30k a Year?I believe it’s going to power Elon Musk’s next AI revolution… A revolution he believes will be worth more t...Brownstone Research | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Horizon Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share First Horizon With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
