First Horizon (FHN) Stock Price, News & Analysis

Company Overview

First Horizon Corporation is a diversified financial services company headquartered in Memphis, Tennessee. As the parent organization of First Horizon Bank, the company delivers a suite of banking and financial solutions to individual consumers, small businesses, and mid-sized corporate clients. First Horizon’s offerings span commercial banking, consumer lending, mortgage origination and servicing, wealth management, insurance products, and capital markets services.

In its commercial banking division, First Horizon provides a range of credit and treasury management solutions, including commercial real estate loans, equipment financing, and working capital lines of credit. The consumer banking platform features checking and savings accounts, home equity lines of credit, auto loans, and personal lending products. The mortgage unit originates and services residential loans through an omnichannel model that encompasses physical branches, digital platforms and a network of mortgage specialists. Complementing these capabilities, the company’s wealth management segment offers investment advisory, trust services and retirement planning, while its insurance business provides property and casualty coverage for both personal and commercial clients.

First Horizon primarily serves markets across the southeastern United States, with a branch network extending from Tennessee into Alabama, Arkansas, Florida, Mississippi and Texas. In recent years, the company has bolstered its digital banking channels, mobile applications and online customer experience to support remote banking needs and improve operational efficiency. This regional focus is complemented by a capital markets team that executes public finance, risk management and advisory assignments beyond the core footprint.

Tracing its roots to the establishment of the First National Bank of Memphis in 1864, First Horizon has evolved through strategic acquisitions and organic growth to become a prominent regional bank holding company. The firm’s leadership team is led by Chief Executive Officer D. Bryan Jordan, who brings extensive banking experience and a focus on digital transformation. Under his guidance, First Horizon continues to emphasize community engagement, sustainable growth and innovation in its product suite.

Key Stats

• Today's Range: $21.71 to $22.16
• 50-Day Range: $17.81 to $21.86
• 52-Week Range: $14.34 to $22.44
• Volume: 3.03 million shs
• Average Volume: 6.03 million shs
• Market Capitalization: $11.09 billion
• P/E Ratio: 15.18
• Dividend Yield: 2.74%
• Price Target: $22.47
• Consensus Rating: Moderate Buy

First Horizon Stock Analysis - MarketRank™

First Horizon scored higher than 92% of companies evaluated by MarketBeat, and ranked 361st out of 2,763 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First Horizon has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 10 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

First Horizon has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.37%

Earnings Growth

Earnings for First Horizon are expected to grow by 14.37% in the coming year, from $1.67 to $1.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Horizon is 15.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Horizon is 15.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.06.

Price to Earnings Growth Ratio

First Horizon has a PEG Ratio of 1.11. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

First Horizon has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.94% of the float of First Horizon has been sold short.

Short Interest Ratio / Days to Cover

First Horizon has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Horizon has recently increased by 6.05%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

First Horizon pays a meaningful dividend of 2.79%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

First Horizon does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of First Horizon is 41.67%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, First Horizon will have a dividend payout ratio of 31.41% next year. This indicates that First Horizon will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.3 / 5
• Environmental Score: -0.43

Percentage of Shares Shorted

2.94% of the float of First Horizon has been sold short.

Short Interest Ratio / Days to Cover

First Horizon has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Horizon has recently increased by 6.05%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.89

News Sentiment

First Horizon has a news sentiment score of 0.89. 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 0.70 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for First Horizon this week, compared to 11 articles on an average week.

Search Interest

Only 4 people have searched for FHN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added First Horizon to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, First Horizon insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.87% of the stock of First Horizon is held by insiders.

Percentage Held by Institutions

80.28% of the stock of First Horizon is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FHN Stock Analysis - Frequently Asked Questions

How have FHN shares performed this year?

First Horizon's stock was trading at $20.14 on January 1st, 2025. Since then, FHN shares have increased by 8.5% and is now trading at $21.86.

How were First Horizon's earnings last quarter?

First Horizon Corporation (NYSE:FHN) issued its quarterly earnings results on Wednesday, April, 16th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.02. The financial services provider had revenue of $823.69 million for the quarter, compared to analysts' expectations of $825.11 million. First Horizon had a trailing twelve-month return on equity of 10.33% and a net margin of 16.13%.
Read the conference call transcript.

Is First Horizon doing a stock buyback?

First Horizon's Board of Directors approved a share repurchase plan on Tuesday, October 29th 2024, which authorizes the company to repurchase $1,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 10.6% of its shares through open market purchases. Shares buyback plans are often 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.

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

• Last Earnings: 4/16/2025
• Record date for 7/1 Dividend: 6/13/2025
• Ex-Dividend for 7/1 Dividend: 6/13/2025
• Dividend Payable: 7/01/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 7/16/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: BANKS - SOUTHWEST
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:FHN
• CIK: 36966
• Web: www.firsthorizon.com
• Phone: (901) 523-4444
• Fax: 901-523-4945
• Employees: 7,252
• Year Founded: 1864

Price Target and Rating

• Average Stock Price Target: $22.47
• High Stock Price Target: $25.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +2.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 17 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.44
• Trailing P/E Ratio: 15.18
• Forward P/E Ratio: 13.09
• P/E Growth: 1.11
• Net Income: $775 million
• Net Margins: 16.13%
• Pretax Margin: 20.89%
• Return on Equity: 10.33%
• Return on Assets: 1.09%

Debt

• Debt-to-Equity Ratio: 0.20
• Current Ratio: 0.96
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $3.09 billion
• Price / Sales: 3.59
• Cash Flow: $1.86 per share
• Price / Cash Flow: 11.76
• Book Value: $16.38 per share
• Price / Book: 1.33

Miscellaneous

• Outstanding Shares: 507,233,000
• Free Float: 502,820,000
• Market Cap: $11.09 billion
• Optionable: Optionable
• Beta: 0.61