First Horizon Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Horizon in the last year. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" First Horizon stock.
View analyst ratings for First Horizon or view top-rated stocks.

Wall Street analysts have given First Horizon a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Horizon wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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First Horizon saw a increase in short interest in March. As of March 31st, there was short interest totaling 13,540,000 shares, an increase of 77.9% from the March 15th total of 7,610,000 shares. Based on an average trading volume of 6,960,000 shares, the days-to-cover ratio is presently 1.9 days.
View First Horizon's Short Interest.

First Horizon is scheduled to release its next quarterly earnings announcement on Friday, July 16th 2021.
View our earnings forecast for First Horizon.

First Horizon Co. (NYSE:FHN) announced its quarterly earnings results on Tuesday, April, 20th. The financial services provider reported $0.51 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.37 by $0.14. The financial services provider earned $806 million during the quarter, compared to analysts' expectations of $761.44 million. First Horizon had a net margin of 23.18% and a trailing twelve-month return on equity of 7.78%. During the same period in the previous year, the firm earned $0.19 EPS.
View First Horizon's earnings history.

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 (WHO). Since then, FHN stock has increased by 95.5% and is now trading at $19.14.
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First Horizon declared a quarterly dividend on Tuesday, April 27th. Stockholders of record on Friday, June 11th will be paid a dividend of $0.15 per share on Thursday, July 1st. This represents a $0.60 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Thursday, June 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 3.21%. 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.

8 brokerages have issued 12 month target prices for First Horizon's stock. Their forecasts range from $10.00 to $21.00. On average, they anticipate First Horizon's stock price to reach $13.75 in the next year. This suggests that the stock has a possible downside of 28.2%.
View analysts' price targets for First Horizon or view top-rated stocks among Wall Street analysts.

Some companies that are related to First Horizon include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Zions Bancorporation, National Association (ZION), Commerce Bancshares (CBSH) and First Citizens BancShares (FCNCA).
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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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (11.37%), Dimensional Fund Advisors LP (3.36%), JPMorgan Chase & Co. (2.62%), Franklin Resources Inc. (1.87%), Parnassus Investments CA (1.52%) and Rockefeller Capital Management L.P. (1.42%). 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, R Eugene Taylor, 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 Arrowstreet Capital Limited Partnership, Dimensional Fund Advisors LP, Franklin Resources Inc., Alliancebernstein L.P., Boston Partners, Assenagon Asset Management S.A., Parnassus Investments CA, and Hunter Perkins Capital Management LLC. Company insiders that have sold First Horizon company stock in the last year include Anthony J Restel, D Bryan Jordan, Daryl G Byrd, David T Popwell, Elizabeth A Ardoin, R Eugene Taylor, Susan L Springfield, and William C Losch III.
View insider buying and selling activity for First Horizon or view top insider-selling stocks.

FHN stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., GW&K Investment Management LLC, Stifel Financial Corp, Ferguson Wellman Capital Management Inc., Principal Financial Group Inc., Victory Capital Management Inc., Rockefeller Capital Management L.P., and Bank of Nova Scotia. 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.
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One share of FHN stock can currently be purchased for approximately $19.14.

First Horizon has a market capitalization of $10.57 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 8,284 workers across the globe.

First Horizon was founded in 1864.

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

First Horizon is headquartered at 165 MADISON AVENUE, MEMPHIS TN, 38103.

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]