First Horizon (FHN) to Release Quarterly Earnings on Wednesday

Key Points

• First Horizon (FHN) is set to announce its Q3 2025 earnings on October 15th, with expected earnings of $0.44 per share and revenue of $848.08 million.
• The company reported a previous quarterly EPS of $0.45, exceeding analyst estimates, while its revenue of $830.19 million was slightly below expectations of $832.95 million.
• Recent analyst ratings show a consensus rating of "Moderate Buy" with a target price of $24.59, as several firms have raised their price targets for the stock.

First Horizon (NYSE:FHN - Get Free Report) is projected to announce its Q3 2025 results before the market opens on Wednesday, October 15th. Analysts expect the company to announce earnings of $0.44 per share and revenue of $848.08 million for the quarter. Individuals may visit the the company's upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Wednesday, October 15, 2025 at 9:30 AM ET.

First Horizon (NYSE:FHN - Get Free Report) last issued its quarterly earnings results on Wednesday, July 16th. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.04. First Horizon had a net margin of 17.10% and a return on equity of 10.55%. The company had revenue of $830.19 million during the quarter, compared to analyst estimates of $832.95 million. During the same quarter last year, the business posted $0.36 EPS. On average, analysts expect First Horizon to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Horizon Trading Down 0.2%

Shares of FHN stock opened at $23.01 on Wednesday. The company has a 50 day moving average of $22.33 and a 200-day moving average of $20.62. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.15. First Horizon has a 12-month low of $15.19 and a 12-month high of $23.47. The firm has a market cap of $11.68 billion, a P/E ratio of 14.84, a PEG ratio of 1.08 and a beta of 0.67.

First Horizon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Friday, September 12th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Friday, September 12th. First Horizon's payout ratio is currently 38.71%.

Analyst Upgrades and Downgrades

Several research analysts have commented on FHN shares. JPMorgan Chase & Co. raised their price target on shares of First Horizon from $23.00 to $25.00 and gave the company a "neutral" rating in a report on Wednesday, October 1st. DA Davidson started coverage on shares of First Horizon in a report on Friday, September 26th. They issued a "neutral" rating and a $24.00 price target for the company. Bank of America raised their price target on shares of First Horizon from $26.00 to $27.00 and gave the company a "buy" rating in a report on Thursday, July 17th. Barclays raised their price target on shares of First Horizon from $23.00 to $26.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Finally, Citigroup lifted their price objective on shares of First Horizon from $25.00 to $26.00 and gave the stock a "buy" rating in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $24.59.

Insider Buying and Selling at First Horizon

In other news, EVP David T. Popwell sold 100,000 shares of the company's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $22.50, for a total transaction of $2,250,000.00. Following the completion of the transaction, the executive vice president directly owned 462,581 shares of the company's stock, valued at approximately $10,408,072.50. This represents a 17.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Tammy Locascio sold 10,285 shares of the company's stock in a transaction dated Friday, July 18th. The shares were sold at an average price of $22.25, for a total transaction of $228,841.25. Following the transaction, the chief operating officer directly owned 342,051 shares of the company's stock, valued at approximately $7,610,634.75. This trade represents a 2.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 148,295 shares of company stock valued at $3,322,663 over the last three months. 1.04% of the stock is currently owned by insiders.

Hedge Funds Weigh In On First Horizon

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Kestra Investment Management LLC grew its holdings in First Horizon by 873.1% in the second quarter. Kestra Investment Management LLC now owns 1,625 shares of the financial services provider's stock worth $34,000 after purchasing an additional 1,458 shares during the period. Geneos Wealth Management Inc. increased its position in shares of First Horizon by 156.7% during the first quarter. Geneos Wealth Management Inc. now owns 1,794 shares of the financial services provider's stock valued at $35,000 after acquiring an additional 1,095 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in First Horizon by 88.1% in the second quarter. EverSource Wealth Advisors LLC now owns 8,189 shares of the financial services provider's stock worth $174,000 after purchasing an additional 3,835 shares during the last quarter. FORA Capital LLC purchased a new stake in First Horizon in the second quarter worth approximately $384,000. Finally, Eventide Asset Management LLC boosted its stake in shares of First Horizon by 178.5% during the 2nd quarter. Eventide Asset Management LLC now owns 30,840 shares of the financial services provider's stock worth $649,000 after acquiring an additional 19,767 shares during the last quarter. Hedge funds and other institutional investors own 80.28% of the company's stock.

About First Horizon

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.

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