First Horizon Stock Forecast, Price & News

First Horizon's stock was trading at $9.79 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FHN stock has increased by 50.7% and is now trading at $14.75.
View which stocks have been most impacted by COVID-19.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Horizon in the last year. There are currently 2 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" First Horizon stock.
View analyst ratings for First Horizon or view MarketBeat's top 5 stock picks.

Wall Street analysts have given First Horizon a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Horizon wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

First Horizon is scheduled to release its next quarterly earnings announcement on Friday, January 22nd 2021.
View our earnings forecast for First Horizon.

First Horizon will be holding an earnings conference call on Friday, January 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

First Horizon Co. (NYSE:FHN) issued its quarterly earnings results on Friday, October, 23rd. The financial services provider reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.18. The financial services provider earned $1.36 billion during the quarter, compared to the consensus estimate of $853.23 million. First Horizon had a net margin of 23.18% and a return on equity of 7.78%. During the same period in the prior year, the firm posted $0.43 earnings per share.
View First Horizon's earnings history.

First Horizon announced a quarterly dividend on Tuesday, October 27th. Stockholders of record on Friday, December 11th will be paid a dividend of $0.15 per share on Monday, January 4th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend is Thursday, December 10th.
View First Horizon's dividend history.

First Horizon pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.99%. FHN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. First Horizon has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of First Horizon is 36.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Horizon will have a dividend payout ratio of 46.88% next year. This indicates that First Horizon will be able to sustain or increase its dividend.
View First Horizon's dividend history.

12 Wall Street analysts have issued 12 month price objectives for First Horizon's shares. Their forecasts range from $10.00 to $18.00. On average, they expect First Horizon's stock price to reach $13.00 in the next twelve months. This suggests that the stock has a possible downside of 11.9%.
View analysts' price targets for First Horizon or view Wall Street analyst' top-rated stocks.

First Horizon saw a decline in short interest in December. As of December 31st, there was short interest totaling 12,680,000 shares, a decline of 28.4% from the December 15th total of 17,710,000 shares. Based on an average daily trading volume, of 5,570,000 shares, the days-to-cover ratio is currently 2.3 days.
View First Horizon's Short Interest.

Some companies that are related to First Horizon include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation, National Association (ZION), Western Alliance Bancorporation (WAL) and Prosperity Bancshares (PB).
View all of FHN's competitors.

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).

First Horizon trades on the New York Stock Exchange (NYSE) under the ticker symbol "FHN."

First Horizon's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.08%), Thompson Investment Management Inc. (0.05%), TrimTabs Asset Management LLC (0.03%), Sound Income Strategies LLC (0.02%), Gateway Investment Advisers LLC (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own First Horizon stock include Anthony J Restel, D Bryan Jordan, Daryl G Byrd, David T Popwell, Elizabeth A Ardoin, John M Daniel, Michael E Kisber, Scott M Niswonger, Susan L Springfield, Wendy P Davidson, William C Losch III and Yousef A Valine.
View institutional ownership trends for First Horizon.

FHN stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Hexavest Inc., Diversified Trust Co, Summit Financial Wealth Advisors LLC, Sowell Financial Services LLC, HGK Asset Management Inc., Thompson Investment Management Inc., and State of Alaska Department of Revenue. Company insiders that have sold First Horizon company stock in the last year include Anthony J Restel, D Bryan Jordan, Daryl G Byrd, Elizabeth A Ardoin, and William C Losch III.
View insider buying and selling activity for First Horizon or view top insider-selling stocks.

FHN stock was bought by a variety of institutional investors in the last quarter, including TrimTabs Asset Management LLC, Sound Income Strategies LLC, Crescent Capital Consulting LLC, Cullinan Associates Inc., OneAscent Financial Services LLC, and Gateway Investment Advisers LLC. Company insiders that have bought First Horizon stock in the last two years include Scott M Niswonger, and Wendy P Davidson.
View insider buying and selling activity for First Horizon or or view top insider-buying stocks.

Shares of FHN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FHN stock can currently be purchased for approximately $14.75.

First Horizon has a market capitalization of $8.18 billion and generates $2.28 billion in revenue each year. The financial services provider earns $440.91 million in net income (profit) each year or $1.66 on an earnings per share basis. First Horizon employs 5,017 workers across the globe.

The official website for First Horizon is www.firsthorizon.com.

First Horizon's mailing address is 165 MADISON AVENUE, MEMPHIS TN, 38103. The financial services provider can be reached via phone at 901-523-4444 or via email at [email protected]