NYSE:FHN First Horizon (FHN) Stock Price, News & Analysis $17.14 +0.29 (+1.72%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$16.90▼$17.1950-Day Range$14.27▼$17.4552-Week Range$10.08▼$17.46Volume5.21 million shsAverage Volume7.78 million shsMarket Capitalization$9.37 billionP/E Ratio11.98Dividend Yield3.50%Price Target$17.31 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get First Horizon alerts: Email Address First Horizon MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside1.0% Upside$17.31 Price TargetShort InterestHealthy1.68% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.43Upright™ Environmental ScoreNews Sentiment0.32Based on 22 Articles This WeekInsider TradingN/AProj. Earnings Growth7.53%From $1.46 to $1.57 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.4.75 out of 5 starsFinance Sector64th out of 898 stocksNational Commercial Banks Industry11th out of 88 stocks 2.3 Analyst's Opinion Consensus RatingFirst Horizon has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageFirst Horizon has been the subject of 7 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 5.0 Short Interest Percentage of Shares Shorted1.68% 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 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Horizon has recently decreased by 11.84%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFirst Horizon is a leading dividend payer. It pays a dividend yield of 3.56%, 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 38.22% 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 2.4 News and Social Media Coverage News SentimentFirst Horizon has a news sentiment score of 0.32. 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 lower news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 22 news articles for First Horizon this week, compared to 7 articles on an average week.Search Interest6 people have searched for FHN on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added First Horizon to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 7.53% in the coming year, from $1.46 to $1.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Horizon is 11.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon is 11.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.32.Price to Earnings Growth RatioFirst Horizon has a PEG Ratio of 3.41. 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 1.10. 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 DTIHow to build the ultimate dividend portfolioThere’s a free dividend workshop that shows how anyone can build the ultimate dividend workshop in 3 basic steps? PLUS: You’ll get the names and tickers of the Best Dividend Stocks for FREE… This way, by the time you finish the workshop you’ll be fully equipped with the knowledge to start unlocking dividend checks for yourself… Over and over again.Click here and I’ll show you how to build the ultimate dividend portfolio. 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 HeadlinesJuly 25 at 2:00 PM | prnewswire.comFirst Horizon Recognized by TIME MagazineJuly 24 at 9:35 AM | americanbankingnews.comFirst Horizon Co. Announces Quarterly Dividend of $0.15 (NYSE:FHN)July 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 23, 2024 | seekingalpha.comFirst Horizon Needs To Transition From Stabilization To GrowthJuly 23, 2024 | prnewswire.comFirst Horizon Declares Cash Dividends on Common and Preferred StockJuly 23, 2024 | americanbankingnews.comFirst Horizon Co. to Post Q3 2024 Earnings of $0.36 Per Share, Wedbush Forecasts (NYSE:FHN)July 21, 2024 | americanbankingnews.comFirst Horizon (NYSE:FHN) Upgraded to Hold by StockNews.comJuly 21, 2024 | americanbankingnews.comRoyal Bank of Canada Raises First Horizon (NYSE:FHN) Price Target to $19.00July 27, 2024 | American Hartford Gold Group (Ad)Dave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.July 20, 2024 | msn.comRaymond James Downgrades First Horizon (FHN)July 20, 2024 | americanbankingnews.comRaymond James Downgrades First Horizon (NYSE:FHN) to OutperformJuly 19, 2024 | markets.businessinsider.comBuy Rating Affirmed for First Horizon Amidst Valuation Appeal and Resilient Financial OutlookJuly 19, 2024 | americanbankingnews.comFirst Horizon (NYSE:FHN) Shares Gap Down After Earnings MissJuly 19, 2024 | americanbankingnews.comFirst Horizon Co. (NYSE:FHN) to Post Q1 2025 Earnings of $0.38 Per Share, Wedbush ForecastsJuly 19, 2024 | americanbankingnews.comFirst Horizon (NYSE:FHN) Given "Market Perform" Rating at Keefe, Bruyette & WoodsJuly 17, 2024 | seekingalpha.comFirst Horizon Corporation 2024 Q2 - Results - Earnings Call PresentationJuly 17, 2024 | investopedia.comFirst Horizon Stock Slides as Regional Bank Lowers Outlook, Earnings MissJuly 17, 2024 | americanbankingnews.comFirst Horizon (NYSE:FHN) Issues Quarterly Earnings Results, Meets ExpectationsSee 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 7/1 Dividend6/14/2024Dividend Payable7/01/2024Last Earnings7/17/2024Today7/27/2024Next Earnings (Estimated)10/16/2024Fiscal 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$17.31 High Stock Price Target$19.00 Low Stock Price Target$14.00 Potential Upside/Downside+1.0%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$1.43 Trailing P/E Ratio11.98 Forward P/E Ratio11.74 P/E Growth3.31Net Income$897 million Net Margins14.03% Pretax Margin17.48% Return on Equity8.84% Return on Assets0.92% Debt Debt-to-Equity Ratio0.14 Current Ratio0.95 Quick Ratio0.95 Sales & Book Value Annual Sales$3.12 billion Price / Sales3.01 Cash Flow$1.76 per share Price / Cash Flow9.73 Book Value$15.60 per share Price / Book1.10Miscellaneous Outstanding Shares546,868,000Free Float542,110,000Market Cap$9.37 billion OptionableOptionable Beta0.89 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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 CompetitorsFirst Citizens BancSharesNASDAQ:FCNCAM&T BankNYSE:MTBFifth Third BancorpNASDAQ:FITBHuntington BancsharesNASDAQ:HBANRegions FinancialNYSE:RFView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpBought 3,870,946 shares on 7/26/2024Ownership: 5.923%State of Michigan Retirement SystemSold 5,500 shares on 7/26/2024Ownership: 0.024%Access Investment Management LLCBought 715 shares on 7/26/2024Ownership: 0.016%Atomi Financial Group Inc.Bought 11,854 shares on 7/26/2024Ownership: 0.002%Allspring Global Investments Holdings LLCBought 6,550 shares on 7/26/2024Ownership: 0.001%View All Institutional Transactions FHN Stock Analysis - Frequently Asked Questions How have FHN shares performed this year? First Horizon's stock was trading at $14.16 at the beginning of the year. Since then, FHN stock has increased by 21.0% and is now trading at $17.1350. View the best growth stocks for 2024 here. How were First Horizon's earnings last quarter? First Horizon Co. (NYSE:FHN) released its earnings results on Wednesday, July, 17th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.01. The financial services provider had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $819.82 million. First Horizon had a trailing twelve-month return on equity of 8.84% and a net margin of 14.03%. Is First Horizon doing a stock buyback? First Horizon's Board of Directors approved a stock buyback plan on Tuesday, January 23rd 2024, which authorizes the company to buy back $650,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 7.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its shares are undervalued. Who are First Horizon's major shareholders? First Horizon's top institutional investors include Bank of New York Mellon Corp (5.92%), Leeward Investments LLC MA (0.41%), Retirement Systems of Alabama (0.32%) and New York State Teachers Retirement System (0.11%). Insiders that own company stock include Daryl G Byrd, D Bryan Jordan, David T Popwell, Anthony J Restel, William H Fenstermaker, Colin V Reed, Colin V Reed, Tammy Locascio, Terry Lawson Akins, Vicki R Palmer, Rosa Sugranes and William C Losch III. 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. 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 General Electric (GE), AT&T (T), Bank of America (BAC), Intel (INTC), Cisco Systems (CSCO), Pfizer (PFE) and Exxon Mobil (XOM). This page (NYSE:FHN) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. 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