Top-Rated Dividend StocksTop-Rated DividendNYSE:FHN First Horizon (FHN) Stock Price, News & Analysis → America could fall from this event (From Porter & Company) (Ad) Free FHN Stock Alerts $15.78 0.00 (0.00%) (As of 05/13/2024 ET) Add Compare Share Share Today's Range$15.76▼$16.0650-Day Range$13.90▼$15.8652-Week Range$9.71▼$16.06Volume6.18 million shsAverage Volume6.98 million shsMarket Capitalization$8.63 billionP/E Ratio11.04Dividend Yield3.80%Price Target$16.15 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get First Horizon alerts: Email Address First Horizon MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.79 Rating ScoreUpside/Downside2.3% Upside$16.15 Price TargetShort InterestHealthy2.50% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.43Upright™ Environmental ScoreNews Sentiment0.68Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth9.33%From $1.50 to $1.64 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.4.60 out of 5 starsFinance Sector422nd out of 2,641 stocksNational Commercial Banks Industry62nd out of 247 stocks 2.4 Analyst's Opinion Consensus RatingFirst Horizon has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 9 buy ratings, 4 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. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.50% 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 2.1, 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 34.00%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFirst Horizon is a leading dividend payer. It pays a dividend yield of 3.80%, 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 36.59% 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 2.6 News and Social Media Coverage News SentimentFirst Horizon has a news sentiment score of 0.68. 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 12 news articles for First Horizon this week, compared to 7 articles on an average week.Search Interest21 people have searched for FHN on MarketBeat in the last 30 days. This is an increase of 163% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added First Horizon to their MarketBeat watchlist in the last 30 days. This is a decrease of -64% 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 9.33% in the coming year, from $1.50 to $1.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Horizon is 11.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.23.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon is 11.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 54.52.Price to Earnings Growth RatioFirst Horizon has a PEG Ratio of 4.34. 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 The Bull ReportHealthcare Takes A Big Step Forward With The Help Of AIThe average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.Click here to see why this small company is trusted by the Mayo Clinic 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 HeadlinesMay 13 at 5:31 AM | americanbankingnews.comShort Interest in First Horizon Co. (NYSE:FHN) Grows By 34.0%May 13 at 1:18 AM | americanbankingnews.comFirst Horizon (NYSE:FHN) vs. Pacific Valley Bancorp (OTCMKTS:PVBK) Financial ContrastMay 11 at 9:34 AM | finance.yahoo.comFirst Horizon's (NYSE:FHN) Dividend Will Be $0.15May 10, 2024 | morningstar.comFirst Horizon Corp FHNMay 9, 2024 | prnewswire.comFirst Horizon Signs Statement of Support for the Guard and the ReserveMay 8, 2024 | finance.yahoo.comGreenlight Capital Sold First Horizon (FHN) on Share AppreciationMay 5, 2024 | americanbankingnews.comFirst Horizon (NYSE:FHN) Sets New 12-Month High at $15.93May 3, 2024 | yahoo.comKevin Costner's Horizon: An American Saga is Longer Than Lord of the RingsMay 2, 2024 | prnewswire.comFirst Horizon Bank Teaches Financial Literacy Skills to more than 7,000 StudentsApril 27, 2024 | finance.yahoo.comFirst Horizon (NYSE:FHN) Has Affirmed Its Dividend Of $0.15April 24, 2024 | msn.comFirst Horizon Corporation 4.70% DEP PFD F declares $0.294 dividendApril 23, 2024 | msn.comFirst Horizon National declares $0.15 dividendApril 23, 2024 | prnewswire.comFirst Horizon Declares Cash Dividends on Common and Preferred StockApril 19, 2024 | finance.yahoo.comFirst Horizon Corporation (NYSE:FHN) is a favorite amongst institutional investors who own 81%April 19, 2024 | seekingalpha.comFirst Horizon Corporation (FHN) Q1 2024 Earnings Call TranscriptApril 18, 2024 | markets.businessinsider.comExpert Outlook: First Horizon Through The Eyes Of 9 AnalystsApril 18, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Cnb Financial (CCNE), First Horizon (FHN) and Amerant Bancorp (AMTB)April 18, 2024 | finance.yahoo.comFirst Horizon Corp (FHN) Q1 2024 Earnings Call Transcript Highlights: Strong Performance and ...April 17, 2024 | msn.comFirst Horizon stock climbs after guidance adjustment, slight Q1 earnings beatApril 17, 2024 | msn.comFHN Stock Earnings: First Horizon Beats EPS, Beats Revenue for Q1 2024April 17, 2024 | finance.yahoo.comFirst Horizon National (FHN) Beats Q1 Earnings and Revenue EstimatesApril 17, 2024 | finance.yahoo.comFirst Horizon Corp Reports Q1 2024 Earnings: A Close Match to Analyst ExpectationsApril 17, 2024 | finance.yahoo.comFirst Horizon (FHN) Reports Q1 Earnings: What Key Metrics Have to SayApril 17, 2024 | sfgate.comFirst Horizon: Q1 Earnings SnapshotApril 17, 2024 | markets.businessinsider.comFirst Horizon Corporation Q1 Profit Decreases, but beats estimatesSee 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 4/1 Dividend3/14/2024Dividend Payable4/01/2024Last Earnings4/17/2024Today5/14/2024Ex-Dividend for 7/1 Dividend6/14/2024Dividend Payable7/01/2024Next Earnings (Estimated)7/17/2024Fiscal 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$16.15 High Stock Price Target$18.00 Low Stock Price Target$12.00 Potential Upside/Downside+2.3%Consensus RatingModerate Buy Rating Score (0-4)2.79 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$1.43 Trailing P/E Ratio11.04 Forward P/E Ratio10.52 P/E Growth4.34Net Income$897 million Net Margins16.07% Pretax Margin20.18% Return on Equity8.96% Return on Assets0.92% Debt Debt-to-Equity Ratio0.13 Current Ratio0.96 Quick Ratio0.95 Sales & Book Value Annual Sales$5.03 billion Price / Sales1.72 Cash Flow$1.68 per share Price / Cash Flow9.39 Book Value$15.70 per share Price / Book1.01Miscellaneous Outstanding Shares546,870,000Free Float542,110,000Market Cap$8.63 billion OptionableOptionable Beta0.94 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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 CompetitorsWebster FinancialNYSE:WBSCullen/Frost BankersNYSE:CFRZions Bancorporation, National AssociationNASDAQ:ZIONPinnacle Financial PartnersNASDAQ:PNFPBOK FinancialNASDAQ:BOKFView All CompetitorsInsiders & InstitutionsNational Bank of Canada FIBought 3,340,700 shares on 5/14/2024Ownership: 0.733%American International Group Inc.Sold 15,120 shares on 5/14/2024Ownership: 0.135%NatixisBought 395,300 shares on 5/14/2024Ownership: 0.096%CANADA LIFE ASSURANCE CoBought 5,480 shares on 5/14/2024Ownership: 0.073%O Shaughnessy Asset Management LLCBought 48,720 shares on 5/13/2024Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions FHN Stock Analysis - Frequently Asked Questions Should I buy or sell First Horizon stock right now? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Horizon in the last year. There are currently 4 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FHN shares. View FHN analyst ratings or view top-rated stocks. What is First Horizon's stock price target for 2024? 14 analysts have issued 12-month target prices for First Horizon's stock. Their FHN share price targets range from $12.00 to $18.00. On average, they anticipate the company's share price to reach $16.15 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price. View analysts price targets for FHN or view top-rated stocks among Wall Street analysts. How have FHN shares performed in 2024? First Horizon's stock was trading at $14.16 at the beginning of the year. Since then, FHN shares have increased by 11.5% and is now trading at $15.7850. View the best growth stocks for 2024 here. Are investors shorting First Horizon? First Horizon saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 13,480,000 shares, an increase of 34.0% from the April 15th total of 10,060,000 shares. Based on an average daily trading volume, of 6,440,000 shares, the short-interest ratio is currently 2.1 days. Currently, 2.5% of the shares of the company are short sold. View First Horizon's Short Interest. When is First Horizon's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 17th 2024. View our FHN earnings forecast. How were First Horizon's earnings last quarter? First Horizon Co. (NYSE:FHN) released its quarterly earnings results on Wednesday, April, 17th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.01. The financial services provider had revenue of $819 million for the quarter, compared to analyst estimates of $809.51 million. First Horizon had a net margin of 16.07% and a trailing twelve-month return on equity of 8.96%. The firm's quarterly revenue was down 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.46 earnings per share. How often does First Horizon pay dividends? What is the dividend yield for First Horizon? First Horizon announced a quarterly dividend on Tuesday, April 23rd. Stockholders of record on Friday, June 14th will be paid a dividend of $0.15 per share on Monday, July 1st. This represents a $0.60 annualized dividend and a dividend yield of 3.80%. The ex-dividend date of this dividend is Friday, June 14th. Read our dividend analysis for FHN. Is First Horizon a good dividend stock? First Horizon (NYSE:FHN) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.80%. The dividend payout ratio is 41.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FHN will have a dividend payout ratio of 36.59% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FHN. What ETFs hold First Horizon's stock? ETFs with the largest weight of First Horizon (NYSE:FHN) stock in their portfolio include SPDR S&P Regional Banking ETF (KRE), First Trust Nasdaq Bank ETF (FTXO), iShares U.S. Regional Banks ETF (IAT), Direxion Daily Regional Banks Bull 3x Shares (DPST), Invesco KBW Bank ETF (KBWB), SPDR S&P Bank ETF (KBE), First Trust Financial AlphaDEX Fund (FXO) and iShares Select Dividend ETF (DVY). How will First Horizon's stock buyback program work? First Horizon declared that its Board of Directors has initiated a stock repurchase program on Tuesday, January 23rd 2024, which authorizes the company to buyback $650,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued. What other stocks do shareholders of First Horizon own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Horizon investors own include General Electric (GE), AT&T (T), Bank of America (BAC), Intel (INTC), Cisco Systems (CSCO), Pfizer (PFE), Exxon Mobil (XOM), Bristol-Myers Squibb (BMY), Regions Financial (RF) and Advanced Micro Devices (AMD). Who are First Horizon's major shareholders? First Horizon's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.37%), Bank of New York Mellon Corp (5.14%), LSV Asset Management (2.40%), Scout Investments Inc. (0.92%), Clearbridge Investments LLC (0.76%) and National Bank of Canada FI (0.73%). Insiders that own company stock include Anthony J Restel, Colin V Reed, Colin V Reed, D Bryan Jordan, Daryl G Byrd, David T Popwell, Rosa Sugranes, Tammy Locascio, Terry Lawson Akins, Vicki R Palmer, William C Losch III and William H Fenstermaker. 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. This page (NYSE:FHN) was last updated on 5/14/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportGuard Against the Coming Financial UpheavalPorter & CompanyDemocrats Push to Replace Dollar With Digital Coin, Control Currency.Monetary GoldRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial Metals 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. 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