NYSE:FHN First Horizon (FHN) Stock Price, News & Analysis → 8,788% Return Predicted For THIS Crypto (already up 40% in 6 months) (From Paradigm Press) (Ad) Free FHN Stock Alerts $14.80 +0.12 (+0.82%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$14.52▼$14.8950-Day Range$13.25▼$15.1352-Week Range$8.99▼$18.99Volume5.42 million shsAverage Volume6.63 million shsMarket Capitalization$8.21 billionP/E Ratio9.67Dividend Yield4.05%Price Target$14.68 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 Buy2.67 Rating ScoreUpside/Downside0.8% Downside$14.68 Price TargetShort InterestHealthy3.05% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.43Upright™ Environmental ScoreNews Sentiment0.59Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth9.15%From $1.42 to $1.55 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.4.35 out of 5 starsFinance Sector216th out of 892 stocksNational Commercial Banks Industry30th out of 89 stocks 1.3 Analyst's Opinion Consensus RatingFirst Horizon has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.68, First Horizon has a forecasted downside of 0.8% from its current price of $14.80.Amount of Analyst CoverageFirst Horizon has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.05% 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 20.55%, 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 4.09%, 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 39.22%. 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 38.71% next year. This indicates that First Horizon will be able to sustain or increase its 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 0.59. 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 11 news articles for First Horizon this week, compared to 7 articles on an average week.Search InterestOnly 6 people have searched for FHN on MarketBeat in the last 30 days. This is a decrease of -54% compared to the previous 30 days.MarketBeat Follows9 people have added First Horizon to their MarketBeat watchlist in the last 30 days. This is an increase of 125% 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 0.90% of the stock of First Horizon is held by insiders.Percentage Held by Institutions76.44% of the stock of First Horizon is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for First Horizon are expected to grow by 9.15% in the coming year, from $1.42 to $1.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Horizon is 9.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.57.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon is 9.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.17.Price to Earnings Growth RatioFirst Horizon has a PEG Ratio of 4.24. 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 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsThe ONE AI sSock to own now. (It’s not Nvidia.)Don’t panic — you haven’t missed the boat on AI. In fact, it has barely launched. Sure, the early stages of this boom were big … But I believe the real wealth in AI has yet to be made …Click here to see the presentation now. 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 HeadlinesMarch 16, 2024 | finance.yahoo.comFHN Mar 2024 14.000 putMarch 15, 2024 | prnewswire.comFirst Horizon Bank Survey Reveals a New Era of Women's Financial EmpowermentMarch 19, 2024 | Paradigm Press (Ad)8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)THIS cryptocurrency has gained 40% in 6 months. A crypto millionaire who has researched the space for a decade says it will go up 8,788% in 5 years. The name of this cryptocurrency is revealed right here: March 13, 2024 | msn.comOakland men headed to first NCAA tournament since 2011 after 83-76 win over MilwaukeeMarch 13, 2024 | msn.comOakland basketball a win from first NCAA tournament since 2011 with Horizon semi victoryMarch 12, 2024 | msn.comTD CEO Masrani's 2023 pay was lower over US regulatory issues, First Horizon dealMarch 12, 2024 | reuters.comTD CEO Masrani took a pay cut in 2023 amid US regulatory issues, First Horizon dealMarch 11, 2024 | prnewswire.comTracy Bell honored as Women Who Shape the State 2024March 19, 2024 | Monument Traders Alliance (Ad)Make This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…March 10, 2024 | americanbankingnews.comFirst Horizon (NYSE:FHN) Coverage Initiated at BarclaysMarch 9, 2024 | finance.yahoo.comFirst Horizon (NYSE:FHN) Is Paying Out A Dividend Of $0.15March 8, 2024 | yahoo.comEvent Horizon (1997) Streaming: Watch & Stream Online via Paramount PlusMarch 8, 2024 | markets.businessinsider.comThe Analyst Landscape: 4 Takes On First HorizonMarch 7, 2024 | finance.yahoo.comVernon Stafford, Jr. recognized by Leadership MemphisMarch 7, 2024 | prnewswire.comVernon Stafford, Jr. recognized by Leadership MemphisFebruary 28, 2024 | finance.yahoo.comInvestors in First Horizon (NYSE:FHN) have unfortunately lost 33% over the last yearFebruary 27, 2024 | prnewswire.comFirst Horizon Names Ashley Argo Deputy Chief Risk OfficerFebruary 26, 2024 | prnewswire.comFirst Horizon Corporation to Participate at the 2024 RBC Capital Markets Global Financial Institutions ConferenceFebruary 24, 2024 | msn.comFirst Horizon (FHN) Price Target Increased by 5.74% to 16.63February 24, 2024 | finance.yahoo.comFHN Mar 2024 16.000 putFebruary 23, 2024 | prnewswire.comFirst Horizon Bank Celebrates 160 Years by Giving Away $40,000 during Random Acts of Kindness WeekFebruary 16, 2024 | finance.yahoo.comDiversityComm Magazine Names First Horizon as a 2024 Top Black EmployerFebruary 16, 2024 | prnewswire.comDiversityComm Magazine Names First Horizon as a 2024 Top Black EmployerFebruary 15, 2024 | finance.yahoo.comFirst Horizon Bank Celebrates 160 Years by Giving Away $40,000 during Random Acts of Kindness WeekFebruary 15, 2024 | prnewswire.comFirst Horizon Bank Celebrates 160 Years by Giving Away $40,000 during Random Acts of Kindness WeekFebruary 15, 2024 | finance.yahoo.comFirst Horizon Recognized by DiversityComm Magazine as 2024 Top Hispanic EmployerFebruary 15, 2024 | prnewswire.comFirst Horizon Recognized by DiversityComm Magazine as 2024 Top Hispanic EmployerSee 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 1/2 Dividend12/14/2023Dividend Payable1/02/2024Last Earnings1/18/2024Ex-Dividend for 4/1 Dividend3/14/2024Today3/19/2024Dividend Payable4/01/2024Next Earnings (Estimated)4/16/2024Fiscal 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$14.68 High Stock Price Target$18.00 Low Stock Price Target$12.00 Potential Upside/Downside-0.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.53 Trailing P/E Ratio9.67 Forward P/E Ratio10.42 P/E Growth4.24Net Income$897 million Net Margins17.80% Pretax Margin22.44% Return on Equity9.94% Return on Assets1.00% Debt Debt-to-Equity Ratio0.13 Current Ratio0.95 Quick Ratio0.94 Sales & Book Value Annual Sales$5.03 billion Price / Sales1.63 Cash Flow$1.70 per share Price / Cash Flow8.73 Book Value$15.70 per share Price / Book0.94Miscellaneous Outstanding Shares554,940,000Free Float549,950,000Market Cap$8.21 billion OptionableOptionable Beta0.93 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.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: $1.4MMs. Terry Lawson Akins (Age 60)Senior EVP & Chief Risk Officer Dr. Anthony C. Hood Ph.D.Chief Diversity, Equity and Inclusion Officer & Executive VPMr. Hunter G. HillRegional President of South Central Region of First Horizon BankMr. Tony AdamsMarket President of New OrleansMr. Key CokerMarket President of Dallas & Fort WorthMr. Clyde A. Billings Jr.Senior VP, Assistant General Counsel & Corporate SecretaryMore ExecutivesKey CompetitorsWebster FinancialNYSE:WBSCullen/Frost BankersNYSE:CFRPinnacle Financial PartnersNASDAQ:PNFPZions Bancorporation, National AssociationNASDAQ:ZIONSynovus FinancialNYSE:SNVView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 171,222 shares on 3/11/2024Ownership: 10.191%Wellington Management Group LLPSold 5,341,572 shares on 3/5/2024Ownership: 1.071%Greenwood Capital Associates LLCBought 75,041 shares on 3/5/2024Ownership: 0.065%Fisher Asset Management LLCSold 36,268 shares on 3/5/2024Ownership: 0.030%Richardson Financial Services Inc.Bought 2,485 shares on 3/4/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions FHN Stock Analysis - Frequently Asked Questions Should I buy or sell First Horizon stock right now? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Horizon in the last year. There are currently 5 hold ratings, 6 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? 12 brokerages have issued 12-month target prices for First Horizon's shares. Their FHN share price targets range from $12.00 to $18.00. On average, they anticipate the company's share price to reach $14.68 in the next year. This suggests that the stock has a possible downside of 0.8%. 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 2024. Since then, FHN shares have increased by 4.5% and is now trading at $14.80. View the best growth stocks for 2024 here. Are investors shorting First Horizon? First Horizon saw a increase in short interest in February. As of February 29th, there was short interest totaling 16,780,000 shares, an increase of 20.5% from the February 14th total of 13,920,000 shares. Based on an average daily trading volume, of 7,930,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 3.1% of the shares of the stock are sold short. 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 Tuesday, April 16th 2024. View our FHN earnings forecast. How were First Horizon's earnings last quarter? First Horizon Co. (NYSE:FHN) issued its quarterly earnings data on Thursday, January, 18th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.01. The financial services provider had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $784.20 million. First Horizon had a net margin of 17.80% and a trailing twelve-month return on equity of 9.94%. During the same quarter last year, the firm earned $0.51 EPS. How often does First Horizon pay dividends? What is the dividend yield for First Horizon? First Horizon announced a quarterly dividend on Tuesday, January 23rd. Investors of record on Friday, March 15th will be given a dividend of $0.15 per share on Monday, April 1st. This represents a $0.60 dividend on an annualized basis and a yield of 4.05%. The ex-dividend date is Thursday, March 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 4.09%. FHN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 39.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FHN will have a dividend payout ratio of 38.71% 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), iShares U.S. Regional Banks ETF (IAT), Invesco KBW Bank ETF (KBWB), SPDR S&P Bank ETF (KBE), First Trust Financials AlphaDEX Fund (FXO), Direxion Daily Regional Banks Bull 3x Shares (DPST), AltShares Merger Arbitrage ETF (ARB) and Affinity World Leaders Equity ETF (WLDR). How will First Horizon's stock buyback program work? First Horizon declared that its Board of Directors has initiated a stock buyback plan on Tuesday, January 23rd 2024, which authorizes the company to buyback $650,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 7.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its stock is 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.19%), Vanguard Group Inc. (10.19%), North Reef Capital Management LP (1.82%), Dimensional Fund Advisors LP (1.73%), LSV Asset Management (1.59%) and Balyasny Asset Management L.P. (1.19%). Insiders that own company stock include Anthony J Restel, Colin V Reed, Colin V Reed, D Bryan Jordan, Daryl G Byrd, David T Popwell, R Eugene Taylor, Rosa Sugranes, Susan L Springfield, 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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThe world’s greatest investmentPorter & CompanySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBitcoin dollar warningStansberry ResearchThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy 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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