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. $17.30 +0.54 (+3.22%) (As of 03/27/2023 08:38 AM ET) Add Compare Share Share Today's Range$17.30▼$17.3050-Day Range$14.93▼$24.8852-Week Range$13.40▼$24.92Volume68,700 shsAverage Volume7.83 million shsMarket Capitalization$9.30 billionP/E Ratio11.31Dividend Yield3.47%Price Target$25.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability First Horizon MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside49.2% Upside$25.00 Price TargetShort InterestBearish5.58% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.43Upright™ Environmental ScoreNews Sentiment0.75Based on 11 Articles This WeekInsider TradingSelling Shares$2.43 M Sold Last QuarterProj. Earnings Growth3.09%From $1.94 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.2.76 out of 5 starsFinance Sector291st out of 884 stocksNational Commercial Banks Industry41st out of 86 stocks 3.5 Analyst's Opinion Consensus RatingFirst Horizon has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.00, First Horizon has a forecasted upside of 49.2% from its current price of $16.76.Amount of Analyst CoverageFirst Horizon has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.58% 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 0.41%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipFirst Horizon is a leading dividend payer. It pays a dividend yield of 3.58%, 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 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 3.2 News and Social Media Coverage News SentimentFirst Horizon has a news sentiment score of 0.75. 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 3 articles on an average week.Search Interest43 people have searched for FHN on MarketBeat in the last 30 days. This is an increase of 65% compared to the previous 30 days.MarketBeat Follows19 people have added First Horizon to their MarketBeat watchlist in the last 30 days. This is an increase of 138% 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 $2,426,095.00 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 3.09% in the coming year, from $1.94 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Horizon is 10.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.06.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon is 10.95, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 135.32.Price to Earnings Growth RatioFirst Horizon has a PEG Ratio of 1.73. 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 1.19. 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 HeadlinesMarch 27, 2023 | americanbankingnews.comReviewing First Horizon (NYSE:FHN) and Pinnacle Financial Partners (NASDAQ:PNFP)March 25, 2023 | msn.comWells Fargo Upgrades First Horizon Corp (FHN)March 27, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 24, 2023 | seekingalpha.comFirst Horizon upgraded to Overweight at Wells Fargo as sale to TD still likelyMarch 24, 2023 | americanbankingnews.comFirst Horizon (NYSE:FHN) Lifted to Overweight at Wells Fargo & CompanyMarch 22, 2023 | theglobeandmail.comU.S. banking crisis plunges TD’s First Horizon deal into uncertaintyMarch 17, 2023 | bizjournals.comPublishers Dinner: 2023 economic outlookMarch 16, 2023 | bizjournals.comFirst Horizon roundup: Bank grows minimum wage by 33% in 2022; a close look at FHN's stock priceMarch 27, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.March 16, 2023 | msn.comTD Bank Group Can’t Possibly Buy First Horizon at the Agreement PriceMarch 14, 2023 | msn.comFirst Horizon plunges amid bank selloff with TD Bank deal uncertainty (update)March 13, 2023 | msn.comTSX in the Red; First Horizon Slides 38% Below TD's Offer On SVB Crisis ContagionMarch 10, 2023 | finance.yahoo.comDr. Anthony C. Hood recognized in Savoy Magazine's 2023 Most Influential Executives in Diversity & InclusionMarch 3, 2023 | bizjournals.comTD Bank Group CEO mum on repricing of First Horizon deal; analyst expects new sale termsMarch 2, 2023 | seekingalpha.comFirst Horizon seesaws as TD Bank CEO says `committed' to deal (update)March 2, 2023 | investing.comTD CEO Says Premature to Discuss First Horizon National Close Date - BloombergMarch 1, 2023 | msn.comFirst Horizon drops 10% as TD says it won't receive regulatory OK in time for May close (update)March 1, 2023 | bizjournals.com'A major factor:' Inside TD's $50B community benefits plan — and how it could impact both the First Horizon deal and MemphisMarch 1, 2023 | finance.yahoo.comWhy Shares of First Horizon Are Plunging TodayFebruary 24, 2023 | finance.yahoo.comTD Bank Group gets regulatory approval for $1.3B acquisition of Wall Street investment bankFebruary 24, 2023 | seekingalpha.comFHN.PE First Horizon Corporation 6.50 DP RP PFD EFebruary 21, 2023 | finance.yahoo.comFirst Horizon Corporation (FHN)February 21, 2023 | finance.yahoo.comMindgruve Unveils New Website for First Horizon BankFebruary 18, 2023 | seekingalpha.comFHN First Horizon CorporationFebruary 18, 2023 | marketwatch.comFirst Horizon Corp FHN Investment ReportFebruary 14, 2023 | finance.yahoo.comSoros buys Horizon Therapeutics, First Horizon, adds to Alphabet, cuts AmazonFebruary 7, 2023 | finance.yahoo.comMindgruve Awarded Highest Honor at the 2023 AVA Digital AwardsSee 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 Earnings1/18/2023Ex-Dividend for 4/3 Dividend3/16/2023Today3/27/2023Dividend 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) 523-4444Fax901-523-4945Employees7,542Year Founded1864Price Target and Rating Average Stock Price Forecast$25.00 High Stock Price Forecast$25.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+49.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.53 Trailing P/E Ratio10.95 Forward P/E Ratio8.64 P/E Growth1.73Net Income$900 million Net Margins25.66% Pretax Margin33.13% 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$3.12 billion Price / Sales2.89 Cash Flow$2.01 per share Price / Cash Flow8.32 Book Value$14.03 per share Price / Book1.19Miscellaneous Outstanding Shares537,357,000Free Float529,028,000Market Cap$9.01 billion OptionableOptionable Beta0.93 Social Links Key ExecutivesD. Bryan JordanChairman, President & Chief Executive OfficerTammy S. LoCascioChief Operating Officer & Senior EVPHope DmuchowskiChief Financial Officer & Senior Executive VPBruce A. LivesayChief Information Officer & Executive VPSusan L. SpringfieldChief Credit Officer & Senior Executive VPKey CompetitorsWebster FinancialNYSE:WBSCullen/Frost BankersNYSE:CFRBOK FinancialNASDAQ:BOKFKeyCorpNYSE:KEYZions Bancorporation, National AssociationNASDAQ:ZIONView All CompetitorsInsiders & InstitutionsETF Managers Group LLCBought 1,378 shares on 3/23/2023Ownership: 0.006%B. Riley Wealth Advisors Inc.Sold 951 shares on 3/15/2023Ownership: 0.002%Crystalline Management Inc.Bought 195,147 shares on 3/13/2023Ownership: 0.036%Rockefeller Capital Management L.P.Sold 32,487 shares on 3/6/2023Ownership: 0.019%Cravens & Co Advisors LLCBought 9,865 shares on 2/27/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions FHN Stock - Frequently Asked Questions Should I buy or sell First Horizon stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Horizon in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FHN shares. View FHN analyst ratings or view top-rated stocks. What is First Horizon's stock price forecast for 2023? 1 Wall Street research analysts have issued twelve-month price targets for First Horizon's stock. Their FHN share price forecasts range from $25.00 to $25.00. On average, they anticipate the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 49.2% from the stock's current price. 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 shares have decreased by 31.6% and is now trading at $16.76. View the best growth stocks for 2023 here. 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 analyst estimates 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 period in the prior year, the business posted $0.48 EPS. How often does First Horizon pay dividends? What is the dividend yield for First Horizon? First Horizon declared a quarterly dividend on Tuesday, January 24th. Stockholders 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 3.58%. The ex-dividend date of this dividend is Thursday, March 16th. 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 AltShares Merger Arbitrage ETF (ARB), First Trust Merger Arbitrage ETF (MARB), SPDR S&P Regional Banking ETF (KRE), iShares U.S. Regional Banks ETF (IAT), Goldman Sachs Hedge Industry VIP ETF (GVIP), AltShares Event-Driven ET (EVNT), SPDR S&P Bank ETF (KBE) and Direxion Daily Regional Banks Bull 3x Shares (DPST). 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 3.80%. 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 initiated a share buyback program on Tuesday, October 26th 2021, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 5.5% of its shares through open market purchases. Shares repurchase programs are usually 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 many different retail and institutional investors. Top institutional investors include Barclays PLC (2.92%), Franklin Resources Inc. (2.19%), Charles Schwab Investment Management Inc. (2.15%), Dimensional Fund Advisors LP (2.05%), Soros Fund Management LLC (1.59%) and Geode Capital Management LLC (1.49%). Insiders that own company stock include Anthony J Restel, D Bryan Jordan, Daryl G Byrd, David T Popwell, Elizabeth A Ardoin, R Eugene Taylor, 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 $16.76. How much money does First Horizon make? First Horizon (NYSE:FHN) has a market capitalization of $9.01 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 7,542 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 3/27/2023 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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