NYSE:FHNFirst Horizon National Stock Price, Forecast & News Adding Choose a 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 National Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $9.35 -0.45 (-4.59 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$9.29Now: $9.35▼$9.6150-Day Range$7.20MA: $8.49▼$10.2752-Week Range$6.27Now: $9.35▼$17.42Volume7.92 million shsAverage Volume6.43 million shsMarket Capitalization$2.92 billionP/E Ratio8.42Dividend Yield6.12%Beta1.58 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media First Horizon National Corporation operates as the bank holding company for First Tennessee Bank National Association that provides various financial services. It operates through four segments: Regional Banking, Fixed Income, Corporate, and Non-Strategic. The company offers general banking services for consumers, businesses, financial institutions, and governments. It is also involved in the underwriting of bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; loan sales; derivative sales; and provision of advisory services. In addition, the company offers brokerage services; correspondent banking services; transaction processing services comprising nationwide check clearing and remittance processing; trust, fiduciary, and agency services; credit card products; equipment finance; and investment and financial advisory services. Further, it engages in mutual fund and retail insurance sales, as well as provides mortgage banking services. As of December 31, 2018, the company operated approximately 300 branches under the First Tennessee Bank and Capital Bank brands. The company was founded in 1864 and is headquartered in Memphis, Tennessee.Read More Beat the Market (BTM) Rank™ 4.5 Analyst's Opinion Consensus RatingFirst Horizon National has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.30, First Horizon National has a potential upside of 42.2% from its current price of $9.35.Amount of Analyst CoverageFirst Horizon National has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Community Rank Outperform VotesFirst Horizon National has received 453 “outperform” votes. (Add your “outperform” vote.)Underperform VotesFirst Horizon National has received 682 “underperform” votes. (Add your “underperform” vote.)Community SentimentFirst Horizon National has received 60.09% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about First Horizon National and other stocks. Vote “Outperform” if you believe FHN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FHN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipFirst Horizon National is a leading dividend payer. It pays a dividend yield of 6.12%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirst Horizon National has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of First Horizon National is 36.14 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Horizon National will have a dividend payout ratio of 42.25 % next year. This indicates that First Horizon National will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Horizon National insiders have bought more of their company's stock than they have sold. Specifically, they have bought $936,530.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of First Horizon National is held by insiders.Percentage Held by Institutions94.74% of the stock of First Horizon National is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for First Horizon National are expected to grow by 102.86% in the coming year, from $0.70 to $1.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Horizon National is 8.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.33.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon National is 8.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.09.Price to Book Value per Share RatioFirst Horizon National has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.5Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.51 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNYSE:FHN Previous Symbol CUSIP32051710 CIK36966 Webwww.firsthorizon.com Phone901-523-4444Debt Debt-to-Equity Ratio0.16 Current Ratio0.93 Quick Ratio0.91Price-To-Earnings Trailing P/E Ratio8.42 Forward P/E Ratio13.36 P/E GrowthN/A Sales & Book Value Annual Sales$2.28 billion Price / Sales1.28 Cash Flow$1.74 per share Price / Cash Flow5.38 Book Value$15.90 per share Price / Book0.59Profitability EPS (Most Recent Fiscal Year)$1.66 Net Income$440.91 million Net Margins15.46% Return on Equity8.87% Return on Assets0.99%Miscellaneous Employees5,017 Outstanding Shares311,863,000Market Cap$2.92 billion Next Earnings Date7/21/2020 (Estimated) OptionableOptionable FHN Rates by TradingView Receive FHN News and Ratings via Email Sign-up to receive the latest news and ratings for FHN and its competitors with MarketBeat's FREE daily newsletter. First Horizon National (NYSE:FHN) Frequently Asked Questions How has First Horizon National's stock been impacted by COVID-19 (Coronavirus)? First Horizon National's stock was trading at $9.79 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FHN shares have decreased by 4.5% and is now trading at $9.35. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of First Horizon National? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Horizon National in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for First Horizon National. When is First Horizon National's next earnings date? First Horizon National is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for First Horizon National. How were First Horizon National's earnings last quarter? First Horizon National Corp (NYSE:FHN) announced its earnings results on Tuesday, April, 21st. The financial services provider reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.22 by $0.17. The financial services provider earned $477.56 million during the quarter, compared to analysts' expectations of $478.35 million. First Horizon National had a return on equity of 8.87% and a net margin of 15.46%. The firm's revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.11 EPS. View First Horizon National's earnings history. How often does First Horizon National pay dividends? What is the dividend yield for First Horizon National? First Horizon National announced a quarterly dividend on Wednesday, April 29th. Stockholders of record on Friday, June 12th will be given a dividend of $0.15 per share on Wednesday, July 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.42%. The ex-dividend date is Thursday, June 11th. View First Horizon National's dividend history. What price target have analysts set for FHN? 10 equities research analysts have issued twelve-month price targets for First Horizon National's shares. Their forecasts range from $9.00 to $20.00. On average, they expect First Horizon National's share price to reach $13.30 in the next year. This suggests a possible upside of 42.2% from the stock's current price. View analysts' price targets for First Horizon National. Has First Horizon National been receiving favorable news coverage? News coverage about FHN stock has trended positive recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. First Horizon National earned a news sentiment score of 2.8 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutFirst Horizon National. Are investors shorting First Horizon National? First Horizon National saw a increase in short interest in May. As of May 15th, there was short interest totaling 50,160,000 shares, an increase of 13.8% from the April 30th total of 44,080,000 shares. Based on an average daily volume of 7,080,000 shares, the short-interest ratio is currently 7.1 days. Approximately 16.4% of the company's shares are short sold. View First Horizon National's Current Options Chain. Who are some of First Horizon National's key competitors? Some companies that are related to First Horizon National include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors. What other stocks do shareholders of First Horizon National own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Horizon National investors own include Regions Financial (RF), Bank of America (BAC), General Electric (GE), Citigroup (C), AT&T (T), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Intel (INTC), Verizon Communications (VZ) and Exxon Mobil (XOM). Who are First Horizon National's key executives? First Horizon National's management team includes the following people: Mr. D. Bryan Jordan, Chairman, CEO & Pres (Age 57)Mr. William C. Losch III, Exec. VP & CFO (Age 48)Mr. Charles T. Tuggle Jr., Exec. VP & Gen. Counsel (Age 70)Mr. Michael Edward Kisber, Pres of FTN Financial (Age 59)Mr. David T. Popwell, Pres of Banking - First Tennessee Bank (Age 59) What is First Horizon National's stock symbol? First Horizon National trades on the New York Stock Exchange (NYSE) under the ticker symbol "FHN." Who are First Horizon National's major shareholders? First Horizon National's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.14%), Franklin Resources Inc. (5.64%), Fuller & Thaler Asset Management Inc. (5.14%), State Street Corp (3.79%), JPMorgan Chase & Co. (2.83%) and Parnassus Investments CA (2.08%). Company insiders that own First Horizon National stock include D Bryan Jordan, David T Popwell, John M Daniel, Mark A Emkes, 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 National. Which institutional investors are selling First Horizon National stock? FHN stock was sold by a variety of institutional investors in the last quarter, including Parnassus Investments CA, BlackRock Inc., Frontier Capital Management Co. LLC, The Manufacturers Life Insurance Company , Nuveen Asset Management LLC, Citigroup Inc., NWQ Investment Management Company LLC, and State Street Corp. Company insiders that have sold First Horizon National company stock in the last year include D Bryan Jordan, David T Popwell, John M Daniel, Michael E Kisber, William C Losch III, and Yousef A Valine. View insider buying and selling activity for First Horizon National. Which institutional investors are buying First Horizon National stock? FHN stock was purchased by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Balyasny Asset Management LLC, Fuller & Thaler Asset Management Inc., Franklin Resources Inc., Invesco Ltd., Strs Ohio, Handelsbanken Fonder AB, and JPMorgan Chase & Co.. Company insiders that have bought First Horizon National stock in the last two years include D Bryan Jordan, David T Popwell, Mark A Emkes, Scott M Niswonger, Wendy P Davidson, and Yousef A Valine. View insider buying and selling activity for First Horizon National. How do I buy shares of First Horizon National? Shares of FHN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is First Horizon National's stock price today? One share of FHN stock can currently be purchased for approximately $9.35. How big of a company is First Horizon National? First Horizon National has a market capitalization of $2.92 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 National employs 5,017 workers across the globe. What is First Horizon National's official website? The official website for First Horizon National is www.firsthorizon.com. How can I contact First Horizon National? First Horizon National'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] This page was last updated on 5/29/2020 by MarketBeat.com Staff
