First Horizon (FHN) Projected to Post Earnings on Thursday

Key Points

• First Horizon is expected to report Q3 2026 results before the market opens on October 15. Analysts project earnings of $0.525 per share and revenue of approximately $889.6 million.
• The company exceeded expectations in its most recent quarter, reporting $0.54 EPS versus a $0.52 consensus estimate and $887 million in revenue. Analysts expect about $2 in EPS for both the current and next fiscal years.
• FHN shares opened at $22.98, while analysts maintain a consensus “Hold” rating and a $27.07 target price. First Horizon also pays a quarterly dividend of $0.17, equivalent to a 3.0% annualized yield.

First Horizon (NYSE:FHN - Get Free Report) will likely be posting its Q3 2026 results before the market opens on Thursday, October 15th. Analysts expect First Horizon to announce earnings of $0.5250 per share and revenue of $889.6370 million for the quarter. Individuals can check the company's upcoming Q3 2026 earning results page for the latest details on the call scheduled for Thursday, October 15, 2026 at 9:30 AM ET.

First Horizon (NYSE:FHN - Get Free Report) last posted its earnings results on Wednesday, July 15th. The financial services provider reported $0.54 EPS for the quarter, topping the consensus estimate of $0.52 by $0.02. The firm had revenue of $887.00 million for the quarter, compared to analysts' expectations of $878.42 million. First Horizon had a net margin of 21.12% and a return on equity of 12.06%. During the same quarter last year, the firm earned $0.45 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 Stock Performance

FHN stock opened at $22.98 on Thursday. The firm has a market cap of $10.89 billion, a PE ratio of 11.00, a P/E/G ratio of 0.93 and a beta of 0.61. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 0.15. The business has a 50 day moving average of $24.54 and a 200-day moving average of $24.50. First Horizon has a 12-month low of $19.80 and a 12-month high of $26.56.

First Horizon Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Friday, September 11th were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $0.68 annualized dividend and a yield of 3.0%. First Horizon's payout ratio is currently 32.54%.

Insiders Place Their Bets

In other First Horizon news, EVP Elizabeth Ardoin sold 18,313 shares of the company's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $24.85, for a total transaction of $455,078.05. Following the sale, the executive vice president directly owned 340,368 shares of the company's stock, valued at $8,458,144.80. This represents a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.91% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on FHN. UBS Group reaffirmed a "buy" rating on shares of First Horizon in a research report on Thursday, July 16th. Weiss Ratings reissued a "buy (b)" rating on shares of First Horizon in a report on Friday, September 4th. Wall Street Zen upgraded shares of First Horizon from a "sell" rating to a "hold" rating in a research report on Saturday, October 3rd. Fundamental Research set a $28.50 price objective on shares of First Horizon in a report on Wednesday, July 1st. Finally, Morgan Stanley assumed coverage on shares of First Horizon in a research note on Tuesday, September 8th. They issued an "equal weight" rating and a $30.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, First Horizon has a consensus rating of "Hold" and a consensus target price of $27.07.

About First Horizon

First Horizon Corporation NYSE: FHN is a financial services company headquartered in Memphis, Tennessee. Through its banking subsidiary, First Horizon Bank, the company provides a range of financial products and services to consumers, businesses, and institutions.

Its main activities include consumer and commercial banking, lending, deposit accounts, treasury and cash-management services, mortgage banking, and investment and wealth-management services. First Horizon also offers capital-markets and investment-banking services through its specialized businesses, serving clients across various industries and market segments.

The company traces its roots to First Tennessee Bank, which was founded in Memphis in 1864.

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