NYSE:FHN First Horizon - FHN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $24.69 -0.03 (-0.12%) (As of 02/3/2023 04:28 PM ET) Add Compare Share Share Today's Range$24.63▼$24.7350-Day Range$24.41▼$24.8552-Week Range$16.78▼$24.92Volume3.08 million shsAverage Volume4.09 million shsMarket Capitalization$13.25 billionP/E Ratio16.14Dividend Yield2.42%Price Target$24.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability First Horizon MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside1.8% Downside$24.25 Price TargetShort InterestBearish5.72% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.43Upright™ Environmental ScoreNews Sentiment0.81Based on 4 Articles This WeekInsider TradingSelling Shares$4.34 M Sold Last QuarterProj. Earnings Growth6.38%From $1.88 to $2.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.99 out of 5 starsFinance Sector593rd out of 865 stocksNational Commercial Banks Industry61st out of 83 stocks 1.0 Analyst's Opinion Consensus RatingFirst Horizon has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 7 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $24.25, First Horizon has a forecasted downside of 1.8% from its current price of $24.69.Amount of Analyst CoverageFirst Horizon has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.72% 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 5.6.Change versus previous monthShort interest in First Horizon has recently increased by 1.96%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldFirst Horizon pays a meaningful dividend of 2.42%, higher than the bottom 25% of all stocks that pay dividends.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 30.00% 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 3.8 News and Social Media Coverage News SentimentFirst Horizon has a news sentiment score of 0.81. 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 higher news sentiment than the 0.52 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for First Horizon this week, compared to 3 articles on an average week.Search Interest16 people have searched for FHN on MarketBeat in the last 30 days. This is an increase of 700% compared to the previous 30 days.MarketBeat Follows7 people have added First Horizon to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Horizon insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,337,805.00 in company stock.Percentage Held by InsidersOnly 1.55% of the stock of First Horizon is held by insiders.Percentage Held by Institutions77.41% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for First Horizon are expected to grow by 6.38% in the coming year, from $1.88 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Horizon is 16.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.31.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon is 16.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 182.95.Price to Earnings Growth RatioFirst Horizon has a PEG Ratio of 2.57. 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 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First Horizon (NYSE:FHN) StockFirst Horizon Corp. (Tennessee) operates as a financial holding company, which engages in the provision of checking accounts, savings products, mortgage banking, lending, and financing to individuals and businesses. It operates the business through three segments: Regional Banking, Specialty Banking, and Corporate. The Regional Banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers. The Specialty Banking segment consists of lines of business that deliver product offerings and services with specialized industry knowledge. The Corporate segment focuses on corporate support functions such as risk management, audit, accounting, finance, executive office, and corporate communications. The company was founded by Frank S. Davis in 1864 and is headquartered in Memphis, TN.Read More 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 FHN Stock News HeadlinesFebruary 2, 2023 | finance.yahoo.comFIRST HORIZON RECOGNIZED BY 2023 BLOOMBERG GENDER-EQUALITY INDEX FOR INVESTMENT IN WOMENJanuary 31, 2023 | 247wallst.comFirst Horizon Declares $0.15 DividendFebruary 3, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 26, 2023 | seekingalpha.comFirst Horizon Executing Well, The Next Step Is Up To The RegulatorsJanuary 24, 2023 | msn.comFirst Horizon’s Series C Preferred Stock declares $0.412 dividendJanuary 24, 2023 | msn.comFirst Horizon National declares $0.406 dividendJanuary 23, 2023 | seekingalpha.comThe Toronto-Dominion Bank: A Breakthrough For The First Horizon DealJanuary 19, 2023 | seekingalpha.comFirst Horizon: Outperforming While Waiting To Be AcquiredFebruary 3, 2023 | Wall Street Watch Dogs (Ad)“Future Fuel” will unleash $11 trillion wave of wealthThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 18, 2023 | msn.comFirst Horizon National Non-GAAP EPS of $0.51 beats by $0.03, revenue of $882M misses by $1.23MJanuary 18, 2023 | markets.businessinsider.comFirst Horizon National Q4 Profit Increases, beats estimatesJanuary 18, 2023 | seekingalpha.comFirst Horizon Q4 earnings beat as higher rates, loan balances benefit NIIJanuary 18, 2023 | finance.yahoo.comFirst Horizon Corporation Reports Fourth Quarter 2022 Net Income Available to Common Shareholders of $258 Million, or EPS of $0.45; $293 Million, or $0.51, on an Adjusted Basis*January 17, 2023 | benzinga.comFirst Horizon National's Earnings OutlookJanuary 17, 2023 | finance.yahoo.comGuaranty Bancshares Inc. (GNTY) Q4 Earnings Beat EstimatesJanuary 15, 2023 | cnbc.comStocks on a roll. But overbought market, tons of earnings are key hurdles in the week aheadJanuary 10, 2023 | msn.comForza Horizon Leads Form New Studio, Developing Triple-A Open-World GameJanuary 9, 2023 | msn.com10 Things To Do In The Horizon Forbidden West Most Players Never DiscoverJanuary 5, 2023 | thestreet.comFirst Horizon Stock To Go Ex-dividend Tomorrow (FHN)January 4, 2023 | msn.comHere’s what is on the horizon for Boston Public Schools in 2023January 4, 2023 | baystreet.caJPMorgan Chase Was Canada’s Top M&A Advisor In 2022January 3, 2023 | finance.yahoo.comFirst Horizon Receives Great Place to Work Certification™January 1, 2023 | msn.comHow Long Does It Take To Beat Horizon Forbidden WestDecember 30, 2022 | msn.comHorizon Forbidden West alpha goes public in unprecedented leakDecember 30, 2022 | seekingalpha.comTD Bank: My #1 Dividend Stock For 2023 And BeyondDecember 29, 2022 | msn.comThe Horizon Forbidden West PC Port Should Come Sooner Rather Than LaterDecember 29, 2022 | finance.yahoo.comKeva Latham Named to Color Magazine's Power List 40 Under 40See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 FHN Company Calendar Ex-Dividend for 1/3 Dividend12/15/2022Dividend Payable1/03/2023Last Earnings1/18/2023Today2/03/2023Ex-Dividend for 4/3 Dividend3/16/2023Dividend Payable4/03/2023Next Earnings (Estimated)4/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:FHN CUSIP32051710 CIK36966 Webwww.firsthorizon.com Phone(901) 523-4444Fax901-523-4945Employees7,867Year Founded1864Price Target and Rating Average Stock Price Forecast$24.25 High Stock Price Forecast$25.00 Low Stock Price Forecast$22.00 Forecasted Upside/Downside-1.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.53 Trailing P/E Ratio16.14 Forward P/E Ratio13.13 P/E Growth2.57Net Income$900 million Net Margins25.66% Pretax Margin33.00% Return on Equity12.98% Return on Assets1.17% Debt Debt-to-Equity Ratio0.21 Current Ratio0.94 Quick Ratio0.93 Sales & Book Value Annual Sales$3.51 billion Price / Sales3.77 Cash Flow$1.92 per share Price / Cash Flow12.86 Book Value$14.03 per share Price / Book1.76Miscellaneous Outstanding Shares536,800,000Free Float528,484,000Market Cap$13.25 billion OptionableOptionable Beta0.93 Social Links Key ExecutivesD. Bryan JordanChairman, President & Chief Executive OfficerTammy S. LoCascioCOO, Chief Human Resources Officer & Senior EVPHope DmuchowskiChief Financial Officer & Senior Executive VPBruce A. LivesayChief Information Officer & Executive VPSusan L. SpringfieldChief Credit Officer & Senior Executive VPKey CompetitorsWebster FinancialNYSE:WBSKeyCorpNYSE:KEYCullen/Frost BankersNYSE:CFRZions Bancorporation, National AssociationNASDAQ:ZIONBOK FinancialNASDAQ:BOKFView All CompetitorsInsiders & InstitutionsPrivate Management Group Inc.Sold 539,463 shares on 2/3/2023Ownership: 0.099%Smith Graham & Co. Investment Advisors LPSold 895 shares on 2/2/2023Ownership: 0.048%Profund Advisors LLCSold 1,160 shares on 2/2/2023Ownership: 0.005%Argent Advisors Inc.Bought 2,094 shares on 2/2/2023Ownership: 0.003%Simplicity Solutions LLCBought 1,897 shares on 2/2/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions FHN Stock - Frequently Asked Questions Should I buy or sell First Horizon stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Horizon in the last twelve months. There are currently 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FHN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FHN, but not buy additional shares or sell existing shares. View FHN analyst ratings or view top-rated stocks. What is First Horizon's stock price forecast for 2023? 7 analysts have issued 1-year price targets for First Horizon's stock. Their FHN share price forecasts range from $22.00 to $25.00. On average, they expect the company's share price to reach $24.25 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. View analysts price targets for FHN or view top-rated stocks among Wall Street analysts. How have FHN shares performed in 2023? First Horizon's stock was trading at $24.50 at the start of the year. Since then, FHN stock has increased by 0.7% and is now trading at $24.67. View the best growth stocks for 2023 here. Are investors shorting First Horizon? First Horizon saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 29,650,000 shares, an increase of 16.4% from the December 15th total of 25,480,000 shares. Based on an average trading volume of 5,530,000 shares, the short-interest ratio is presently 5.4 days. Currently, 5.6% 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 18th 2023. View our FHN earnings forecast. How were First Horizon's earnings last quarter? First Horizon Co. (NYSE:FHN) announced its quarterly earnings results on Wednesday, January, 18th. The financial services provider reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.01. The financial services provider earned $882 million during the quarter, compared to analysts' expectations of $883.23 million. First Horizon had a trailing twelve-month return on equity of 12.98% and a net margin of 25.66%. During the same quarter in the previous year, the business earned $0.48 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 24th. Investors of record on Friday, March 17th will be given a dividend of $0.15 per share on Monday, April 3rd. This represents a $0.60 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, March 16th. 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 2.42%. 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 30.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FHN. How will First Horizon's stock buyback program work? First Horizon announced that its Board of Directors has approved a stock repurchase plan on Tuesday, October 26th 2021, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 5.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its shares are 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). What is First Horizon's stock symbol? First Horizon trades on the New York Stock Exchange (NYSE) under the ticker symbol "FHN." Who are First Horizon's major shareholders? First Horizon's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Segantii Capital Management Ltd (0.71%), Versor Investments LP (0.35%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Bank of Montreal Can (0.26%), National Bank of Canada FI (0.24%) and Private Management Group Inc. (0.10%). Insiders that own company stock include Anthony J Restel, D Bryan Jordan, Daryl G Byrd, David T Popwell, Elizabeth A Ardoin, R Eugene Taylor, Scott M Niswonger, Susan L Springfield, Tammy Locascio, Terry Lawson Akins, Wendy P Davidson 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is First Horizon's stock price today? One share of FHN stock can currently be purchased for approximately $24.67. How much money does First Horizon make? First Horizon (NYSE:FHN) has a market capitalization of $13.24 billion and generates $3.51 billion in revenue each year. The financial services provider earns $900 million in net income (profit) each year or $1.53 on an earnings per share basis. How many employees does First Horizon have? The company employs 7,867 workers across the globe. How can I contact First Horizon? First Horizon's mailing address is 165 MADISON AVENUE, MEMPHIS TN, 38103. The official website for the company is www.firsthorizon.com. The financial services provider can be reached via phone at (901) 523-4444, via email at investorrelations@firsthorizon.com, or via fax at 901-523-4945. This page (NYSE:FHN) was last updated on 2/3/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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