NYSE:FHN First Horizon (FHN) Stock Price, News & Analysis $21.13 +0.04 (+0.19%) (As of 11/29/2024 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$21.10▼$21.3250-Day Range$14.92▼$21.4352-Week Range$12.40▼$21.72Volume1.98 million shsAverage Volume6.59 million shsMarket Capitalization$11.20 billionP/E Ratio15.31Dividend Yield2.84%Price Target$19.08Consensus 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… TODAY ONLY: Nvidia’s Silent Partners Revealed (Ad)Thanks to a specific AI Blueprint … A small handful of companies have already soared as much as 562%, 3,247% and even 6,583%. Now, with a massive recent $1 trillion pivot to data centers, six NEW stocks could be next in line to follow this pattern.Today only, the 2025 AI Blueprint has been revealed … First Horizon Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks93rd Percentile Overall ScoreFHN MarketRank™: First Horizon scored higher than 93% of companies evaluated by MarketBeat, and ranked 85th out of 950 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 8 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 15.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon is 15.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.78.Price to Earnings Growth RatioFirst Horizon has a PEG Ratio of 1.58. 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 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about First Horizon's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.94% 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 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Horizon has recently increased by 42.90%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldFirst Horizon pays a meaningful dividend of 2.84%, 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 Shorted1.94% 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 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Horizon has recently increased by 42.90%, indicating that investor sentiment is decreasing significantly. News and Social Media4.0 / 5News Sentiment1.13 News SentimentFirst Horizon has a news sentiment score of 1.13. 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 is a higher news sentiment than the 0.80 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for First Horizon this week, compared to 8 articles on an average week.Search Interest14 people have searched for FHN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added First Horizon to their MarketBeat watchlist in the last 30 days. This is an increase of 50% 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 HeadlinesInsider Selling: First Horizon Co. (NYSE:FHN) Director Sells 10,000 Shares of StockNovember 14, 2024 | insidertrades.comFirst Horizon Co. (NYSE:FHN) EVP David T. Popwell Sells 100,974 SharesNovember 9, 2024 | insidertrades.comCould 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 than $9 trillion. That’s nearly 10 times more money than the market caps of Tesla… SpaceX… PayPal… Neuralink… and X… COMBINED.December 1, 2024 | Brownstone Research (Ad)The Goldman Sachs Group Forecasts Strong Price Appreciation for First Horizon (NYSE:FHN) StockNovember 29 at 4:17 AM | americanbankingnews.comFirst Horizon Names New Head of Investor RelationsNovember 27, 2024 | prnewswire.comFirst Horizon Foundation Announces $200,0000 Commitment to Hurricane Relief in FloridaNovember 21, 2024 | prnewswire.comFirst Horizon Corporation to Participate at the Goldman Sachs Financial Services Conference 2024November 21, 2024 | gurufocus.comFirst Horizon Corporation to Participate at the Goldman Sachs Financial Services Conference 2024November 20, 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 on January 1st, 2024. Since then, FHN shares have increased by 49.2% and is now trading at $21.13. 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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.04. The financial services provider earned $1.32 billion during the quarter, compared to analysts' expectations 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 of Directors approved a share buyback program on Tuesday, October 29th 2024, which authorizes the company to repurchase $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 10.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its shares are undervalued. Who are First Horizon's major shareholders? First Horizon's top institutional shareholders include State Street Corp (4.95%), Geode Capital Management LLC (1.76%), Azora Capital LP (1.05%) and FMR LLC (1.05%). Insiders that own company stock include Daryl G Byrd, D Bryan Jordan, David T Popwell, Anthony J Restel, William H Fenstermaker, Colin V Reed, Colin V Reed, Tammy Locascio, Harry V Barton Jr, Terry Lawson Akins, Vicki R Palmer and Rosa Sugranes. View institutional ownership trends. 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 Earnings10/16/2024Today12/01/2024Ex-Dividend for 1/2 Dividend12/13/2024Fiscal Year End12/31/2024Dividend Payable1/02/2025Next Earnings (Estimated)1/16/2025Get 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$19.08 High Stock Price Target$23.00 Low Stock Price Target$16.00 Potential Upside/Downside-9.7%Consensus RatingModerate Buy Rating Score (0-4)2.54 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$1.38 Trailing P/E Ratio15.31 Forward P/E Ratio14.18 P/E Growth1.58Net 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$5.03 billion Price / Sales2.23 Cash Flow$1.68 per share Price / Cash Flow12.56 Book Value$16.77 per share Price / Book1.26Miscellaneous Outstanding Shares530,140,000Free Float525,526,000Market Cap$11.20 billion OptionableOptionable Beta0.86 Social Links 2025 Gold Forecast: A Perfect Storm for DemandUnlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. 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