NYSE:FHN First Horizon (FHN) Stock Price, News & Analysis $15.82 +0.01 (+0.06%) (As of 08/21/2024 ET) Add Compare Share Share Today's Range$15.69▼$15.9050-Day Range$14.27▼$17.4552-Week Range$10.08▼$17.46Volume3.33 million shsAverage Volume6.70 million shsMarket Capitalization$8.65 billionP/E Ratio11.06Dividend Yield3.79%Price Target$17.31 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get First Horizon alerts: Email Address First Horizon MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside9.4% Upside$17.31 Price TargetShort InterestHealthy1.56% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.43Upright™ Environmental ScoreNews Sentiment0.54Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth7.53%From $1.46 to $1.57 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.72 out of 5 starsFinance Sector73rd out of 863 stocksNational Commercial Banks Industry12th out of 83 stocks 2.3 Analyst's Opinion Consensus RatingFirst Horizon has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageFirst Horizon has been the subject of 7 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. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.56% 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 1.3, 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 9.25%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFirst Horizon is a leading dividend payer. It pays a dividend yield of 3.85%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirst Horizon does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of First Horizon is 41.96%. 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 38.22% next year. This indicates that First Horizon will be able to sustain or increase its dividend.Read more about First Horizon's dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirst Horizon has received a 36.84% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Consumer savings accounts provided by brick and mortar banks", "Commercial deposit accounts", "Consumer transaction accounts provided by brick and mortar banks", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", and "Mortgage loans for corporations" products. See details.Environmental SustainabilityThe Environmental Impact score for First Horizon is -0.43. Previous Next 2.5 News and Social Media Coverage News SentimentFirst Horizon has a news sentiment score of 0.54. 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 10 news articles for First Horizon this week, compared to 7 articles on an average week.Search InterestOnly 4 people have searched for FHN on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat Follows6 people have added First Horizon to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Horizon insiders have not sold or bought any 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for First Horizon are expected to grow by 7.53% in the coming year, from $1.46 to $1.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Horizon is 11.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.39.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon is 11.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.98.Price to Earnings Growth RatioFirst Horizon has a PEG Ratio of 3.23. 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 1.01. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsWanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.In answer to this issue, we have released a Special Report to the public. About First Horizon Stock (NYSE:FHN)First 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 FHN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FHN Stock News HeadlinesAugust 20 at 2:00 PM | prnewswire.comFirst Horizon Announces Endowed Scholarship at LeMoyne-Owen CollegeAugust 20 at 1:58 AM | msn.comHow Event Horizon Failed In Theaters And Why It Deserved BetterAugust 22, 2024 | Colonial Metals (Ad)Wanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.August 19 at 8:57 PM | markets.businessinsider.comFirst Horizon (FHN) Receives a Buy from BarclaysAugust 19 at 2:31 AM | nz.finance.yahoo.comFirst Horizon Corporation (FHN-PB)August 19 at 2:31 AM | nz.finance.yahoo.comFirst Horizon Corporation (FHN-PF)August 17, 2024 | msn.comKevin Costner says some movies ‘don’t immediately resonate’ — but he’s committed to ‘Horizon’August 15, 2024 | globenewswire.comThnks Names Finalists for 2024 Thnks Gratitude in Business Awards™August 22, 2024 | Colonial Metals (Ad)Wanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.August 13, 2024 | msn.comKevin Costner Breaks Silence on Disastrous 'Horizon' Box Office PerformanceAugust 13, 2024 | nypost.comKevin Costner’s $100M movie ‘Horizon’ ends theatrical run with huge financial lossAugust 9, 2024 | businesswire.comGenerational Group Advises First Horizon Management, LLC in its Sale to Honor Health Care NetworkAugust 6, 2024 | benzinga.comA Glimpse Into The Expert Outlook On First Horizon Through 8 AnalystsAugust 6, 2024 | msn.comFirst Horizon removed as bearish fresh pick at Baird as risk-reward 'more reasonable'August 6, 2024 | prnewswire.comFirst Horizon Bank Named on Forbes' List of America's Best Employers for Women 2024August 1, 2024 | msn.comFirst Horizon continues partnership with University of TennesseeAugust 1, 2024 | prnewswire.comFirst Horizon Renews Commitment to The University of TennesseeJuly 31, 2024 | msn.comKevin Costner’s ‘Horizon 2’ gets Venice premiere after brutal first film reviews and pulled US releaseSee More Headlines 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 Company Calendar Ex-Dividend for 7/1 Dividend6/14/2024Dividend Payable7/01/2024Last Earnings7/17/2024Today8/21/2024Ex-Dividend for 10/1 Dividend9/13/2024Dividend Payable10/01/2024Next Earnings (Estimated)10/16/2024Fiscal Year End12/31/2024Get 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$17.31 High Stock Price Target$19.00 Low Stock Price Target$14.00 Potential Upside/Downside+9.4%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$1.43 Trailing P/E Ratio11.06 Forward P/E Ratio10.84 P/E Growth3.23Net Income$897 million Net Margins14.03% Pretax Margin17.48% Return on Equity8.84% Return on Assets0.92% Debt Debt-to-Equity Ratio0.14 Current Ratio0.95 Quick Ratio0.95 Sales & Book Value Annual Sales$3.12 billion Price / Sales2.77 Cash Flow$1.67 per share Price / Cash Flow9.48 Book Value$15.60 per share Price / Book1.01Miscellaneous Outstanding Shares546,868,000Free Float542,110,000Market Cap$8.65 billion OptionableOptionable Beta0.89 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. D. Bryan Jordan (Age 62)Chairman, President & CEO Comp: $2.66MMs. Hope Dmuchowski (Age 45)Senior EVP & CFO Comp: $1.18MMs. Tammy S. LoCascio (Age 55)Senior EVP & COO Comp: $1.31MMr. David T. Popwell (Age 64)President of Specialty Banking Comp: $1.4MMr. Anthony J. Restel (Age 54)President of Regional Banking Comp: $1.35MMr. Jeff L. Fleming (Age 62)Executive VP, Chief Accounting Officer & Corporate Controller Mr. Mohan SankararamanExecutive VP & Chief Information OfficerMs. Natalie FlandersSenior VP & Head of Investor RelationsMr. Charles T. Tuggle Jr. (Age 75)Executive VP & General Counsel Comp: $927.09kMs. Elizabeth A. Ardoin (Age 55)Senior EVP & Chief of Communications Officer More ExecutivesKey CompetitorsFirst Citizens BancSharesNASDAQ:FCNCAFifth Third BancorpNASDAQ:FITBM&T BankNYSE:MTBHuntington BancsharesNASDAQ:HBANRegions FinancialNYSE:RFView All CompetitorsInstitutional OwnershipTruist Financial CorpBought 21,475 shares on 8/21/2024Ownership: 0.012%Creative PlanningBought 8,263 shares on 8/16/2024Ownership: 0.015%Northwestern Mutual Wealth Management Co.Sold 8,197 shares on 8/16/2024Ownership: 0.006%Magnolia Capital Advisors LLCBought 19,737 shares on 8/16/2024Ownership: 0.004%Nemes Rush Group LLCBought 1,378 shares on 8/16/2024Ownership: 0.000%View All Institutional Transactions 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 11.7% and is now trading at $15.82. View the best growth stocks for 2024 here. How were First Horizon's earnings last quarter? First Horizon Co. (NYSE:FHN) announced its quarterly earnings data on Wednesday, July, 17th. The financial services provider reported $0.36 earnings per share for the quarter, missing analysts' consensus estimates of $0.37 by $0.01. The financial services provider had revenue of $1.28 billion for the quarter, compared to analyst estimates of $819.82 million. First Horizon had a trailing twelve-month return on equity of 8.84% and a net margin of 14.03%. Is First Horizon doing a stock buyback? First Horizon's Board of Directors authorized a stock buyback plan on Tuesday, January 23rd 2024, which permits the company to repurchase $650,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 7.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued. Who are First Horizon's major shareholders? First Horizon's top institutional investors include Bank of New York Mellon Corp (5.92%), Dimensional Fund Advisors LP (2.84%), Millennium Management LLC (2.63%) and LSV Asset Management (2.56%). 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, 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 General Electric (GE), AT&T (T), Bank of America (BAC), Intel (INTC), Cisco Systems (CSCO), Pfizer (PFE) and Exxon Mobil (XOM). This page (NYSE:FHN) was last updated on 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredAir Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could becom...DTI | SponsoredGrab this ETF paying a huge 22% dividendImagine a world where you don't have to stress about inflation eroding your savings... 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