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 $7.18 -0.52 (-6.75 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$7.03Now: $7.18▼$7.7350-Day Range$6.81MA: $11.63▼$16.6552-Week Range$6.27Now: $7.18▼$17.42Volume6.16 million shsAverage Volume9.20 million shsMarket Capitalization$2.24 billionP/E Ratio5.20Dividend Yield7.79%Beta1.66 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider 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™ 3.5 Analyst's Opinion Consensus RatingFirst Horizon National has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.13, First Horizon National has a potential upside of 124.6% from its current price of $7.18.Amount of Analyst CoverageFirst Horizon National has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesFirst Horizon National has received 447 “outperform” votes. (Add your “outperform” vote.)Underperform VotesFirst Horizon National has received 679 “underperform” votes. (Add your “underperform” vote.)Community SentimentFirst Horizon National has received 60.30% “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 7.79%, 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 35.71 % next year. This indicates that First Horizon National will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Horizon National insiders have sold 238.60% more of their company's stock than they have bought. Specifically, they have bought $908,000.00 in company stock and sold $3,074,496.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of First Horizon National is held by insiders.Percentage Held by Institutions87.83% 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 14.29% in the coming year, from $1.47 to $1.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Horizon National is 5.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 10.36.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon National is 5.20, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 10.76.Price to Earnings Growth RatioFirst Horizon National has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioFirst Horizon National has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.72 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 Webhttp://www.firsthorizon.com/ Phone901-523-4444Debt Debt-to-Equity Ratio0.16 Current Ratio0.95 Quick Ratio0.93Price-To-Earnings Trailing P/E Ratio5.20 Forward P/E Ratio4.88 P/E Growth0.75 Sales & Book Value Annual Sales$2.28 billion Price / Sales0.98 Cash Flow$1.78 per share Price / Cash Flow4.03 Book Value$16.00 per share Price / Book0.45Profitability EPS (Most Recent Fiscal Year)$1.66 Net Income$440.91 million Net Margins19.35% Return on Equity10.94% Return on Assets1.25%Miscellaneous Employees5,017 Outstanding Shares311,790,000Market Cap$2.24 billion Next Earnings Date4/21/2020 (Estimated) OptionableOptionable 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. FHN Rates by TradingView 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 Coronavirus reached pandemic status according to the World Health Organization. Since then, FHN stock has decreased by 26.7% and is now trading at $7.18. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of First Horizon National? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Horizon National in the last year. There are currently 8 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, April 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) issued its quarterly earnings data on Friday, January, 17th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.05. The financial services provider had revenue of $494.70 million for the quarter, compared to analysts' expectations of $468.61 million. First Horizon National had a net margin of 19.35% and a return on equity of 10.94%. The company's quarterly revenue was up 19.8% compared to the same quarter last year. During the same period last year, the business posted $0.35 earnings per share. 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 declared a quarterly dividend on Tuesday, January 28th. Shareholders of record on Friday, March 13th will be given a dividend of $0.15 per share on Wednesday, April 1st. This represents a $0.60 annualized dividend and a dividend yield of 8.36%. The ex-dividend date is Thursday, March 12th. This is an increase from First Horizon National's previous quarterly dividend of $0.14. View First Horizon National's dividend history. What price target have analysts set for FHN? 8 brokerages have issued 12 month price targets for First Horizon National's stock. Their forecasts range from $10.00 to $20.00. On average, they anticipate First Horizon National's stock price to reach $16.13 in the next year. This suggests a possible upside of 124.6% from the stock's current price. View analysts' price targets for First Horizon National. Has First Horizon National been receiving favorable news coverage? News articles about FHN stock have been trending very negative on Saturday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Horizon National earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutFirst Horizon National. Are investors shorting First Horizon National? First Horizon National saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 36,668,600 shares, an increase of 25.1% from the February 27th total of 29,300,000 shares. Based on an average daily volume of 5,190,000 shares, the short-interest ratio is presently 7.1 days. Approximately 11.9% of the shares of the stock 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 PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), First Republic Bank (FRC), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and First Financial Bankshares (FFIN). 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), General Electric (GE), Cisco Systems (CSCO), Bank of America (BAC), Verizon Communications (VZ), Intel (INTC), AT&T (T), Advanced Micro Devices (AMD), AbbVie (ABBV) and Citigroup (C). 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 shareholders include Wiley BROS. Aintree Capital LLC (0.01%). 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, William C Losch III and Yousef A Valine. View institutional ownership trends for First Horizon National. Which major investors are selling First Horizon National stock? FHN stock was sold by a variety of institutional investors in the last quarter, including Wiley BROS. Aintree Capital LLC. 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, Susan L Springfield, William C Losch III, 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 $7.18. How big of a company is First Horizon National? First Horizon National has a market capitalization of $2.24 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. View additional information about First Horizon National. What is First Horizon National's official website? The official website for First Horizon National is http://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 4/4/2020 by MarketBeat.com StaffFeatured Article: Quiet Period
