NYSE:FHN

First Horizon National Stock Forecast, Price & News

Top-Rated Dividend Stocks

$12.72

-0.21 (-1.62 %)

(As of 11/27/2020 12:59 PM ET)

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Today's Range

$12.63

Now: $12.72▼

$13.01

50-Day Range

$10.00

MA: $11.16▼

$13.07

52-Week Range

$6.27

Now: $12.72▼

$17.40

Volume145,510 shs

Average Volume6.40 million shs

Market Capitalization$7.06 billion

P/E Ratio8.31

Dividend Yield4.59%

Beta1.52

First Horizon National Corporation operates as the bank holding company for First Horizon Bank 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; investment and financial advisory services; and wealth management services. Further, it engages in mutual fund and retail insurance sales, as well as provides mortgage banking services. As of January 17, 2020, the company operated approximately 270 branches under the First Horizon Bank brand in the Southeast United States; and 29 offices in 18 states across the United States under the FHN Financial brand. The company was founded in 1864 and is headquartered in Memphis, Tennessee.

Beat the Market (BTM) Rank^™

1.5 Analyst's Opinion

Consensus Rating
First Horizon National has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.33, First Horizon National has a forecasted downside of 3.0% from its current price of $12.72.
Amount of Analyst Coverage
First Horizon National has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
First Horizon National has received 461 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Horizon National has received 687 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Horizon National has received 59.84% “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.

3.3 Dividend Strength

Dividend Leadership
First Horizon National is a leading dividend payer. It pays a dividend yield of 4.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
First Horizon National has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of First Horizon National is 36.14%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, First Horizon National will have a dividend payout ratio of 49.18% next year. This indicates that First Horizon National will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Horizon National insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $566,005.00 in company stock.
Percentage Held by Insiders
Only 2.00% of the stock of First Horizon National is held by insiders.
Percentage Held by Institutions
99.05% 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.

3.8 Earnings and Valuation

Earnings Growth
Earnings for First Horizon National are expected to grow by 32.61% in the coming year, from $0.92 to $1.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Horizon National is 8.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Horizon National is 8.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.61.
Price to Book Value per Share Ratio
First Horizon National has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.44 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

Phone901-523-4444

Employees5,017

Debt

Debt-to-Equity Ratio0.28

Current Ratio0.96

Quick Ratio0.95

Price-To-Earnings

Trailing P/E Ratio8.31

Forward P/E Ratio13.83

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.28 billion

Price / Sales3.10

Cash Flow$2.35 per share

Price / Cash Flow5.41

Book Value$24.57 per share

Price / Book0.52

Profitability

EPS (Most Recent Fiscal Year)$1.66

Net Income$440.91 million

Net Margins23.18%

Return on Equity7.78%

Return on Assets0.79%

Miscellaneous

Outstanding Shares554,788,000

Market Cap$7.06 billion

Next Earnings Date1/15/2021 (Estimated)

OptionableOptionable

$12.72

-0.21 (-1.62 %)

(As of 11/27/2020 12:59 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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First Horizon National (NYSE:FHN) Frequently Asked Questions

How has First Horizon National's stock been impacted by 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 increased by 29.9% and is now trading at $12.72.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of First Horizon National?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Horizon National in the last year. There are currently 2 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for First Horizon National.

What stocks does MarketBeat like better than First Horizon National?

Wall Street analysts have given First Horizon National a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Horizon National wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is First Horizon National's next earnings date?

First Horizon National is scheduled to release its next quarterly earnings announcement on Friday, January 15th 2021.
View our earnings forecast for First Horizon National.

How were First Horizon National's earnings last quarter?

First Horizon National Co. (NYSE:FHN) posted its quarterly earnings results on Friday, October, 23rd. The financial services provider reported $0.35 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.17 by $0.18. The financial services provider had revenue of $1.36 billion for the quarter, compared to analysts' expectations of $853.23 million. First Horizon National had a return on equity of 7.78% and a net margin of 23.18%. During the same quarter in the prior year, the company posted $0.43 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 declared a quarterly dividend on Tuesday, October 27th. Shareholders of record on Friday, December 11th will be given a dividend of $0.15 per share on Monday, January 4th. This represents a $0.60 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date is Thursday, December 10th.
View First Horizon National's dividend history.

What price target have analysts set for FHN?

12 brokers have issued twelve-month price objectives for First Horizon National's stock. Their forecasts range from $10.00 to $18.00. On average, they anticipate First Horizon National's share price to reach $12.33 in the next twelve months. This suggests that the stock has a possible downside of 3.0%.
View analysts' price targets for First Horizon National.

Are investors shorting First Horizon National?

First Horizon National saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 23,650,000 shares, an increase of 24.7% from the September 30th total of 18,960,000 shares. Based on an average trading volume of 5,250,000 shares, the short-interest ratio is presently 4.5 days.
View First Horizon National's Short Interest.

Who are some of First Horizon National's key competitors?

Some companies that are related to First Horizon National include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), KeyCorp (KEY), M&T Bank (MTB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation, National Association (ZION), East West Bancorp (EWBC), Signature Bank (SBNY), Prosperity Bancshares (PB) and Cullen/Frost Bankers (CFR).
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 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).

Who are First Horizon National's key executives?

First Horizon National's management team includes the following people:

Mr. D. Bryan Jordan, CEO & Pres (Age 58, Pay $2.52M)
Mr. William C. Losch III, Exec. VP & CFO (Age 49, Pay $1.15M)
Mr. David T. Popwell, Pres of Specialty Banking (Age 60, Pay $1.27M)
Mr. Michael Edward Kisber, Pres of FHN Financial (Age 60, Pay $3.15M)
Mr. Daryl G. Byrd, Exec. Chairman (Age 65)
Mr. Bruce A. Livesay, Exec. VP & Chief Information Officer
Mr. Anthony J. Restel, Chief Operating Officer (Age 50)
Mr. Jeff L. Fleming, Exec. VP, Chief Accounting Officer & Corp. Controller (Age 58)
Ms. Ellen A. Taylor, Exec. VP & Head of Investor Relations
Mr. Charles T. Tuggle Jr., Exec. VP & Gen. Counsel (Age 71)

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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.00%), State Street Corp (6.12%), Fuller & Thaler Asset Management Inc. (5.68%), JPMorgan Chase & Co. (5.22%), LSV Asset Management (1.96%) and Charles Schwab Investment Management Inc. (1.57%). Company insiders that own First Horizon National stock include D Bryan Jordan, David T Popwell, John M Daniel, 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 major investors are selling First Horizon National stock?

FHN stock was sold by a variety of institutional investors in the last quarter, including Carlson Capital L P, ExodusPoint Capital Management LP, Dalton Greiner Hartman Maher & Co., Allianz Asset Management GmbH, Federated Hermes Inc., AQR Capital Management LLC, Interval Partners LP, and Boston Partners. Company insiders that have sold First Horizon National company stock in the last year include D Bryan Jordan, and William C Losch III.
View insider buying and selling activity for First Horizon National.

Which major investors are buying First Horizon National stock?

FHN stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., JPMorgan Chase & Co., State Street Corp, Johnson Investment Counsel Inc., Wells Fargo & Company MN, Rothschild & Co. Asset Management US Inc., Charles Schwab Investment Management Inc., and Arrowstreet Capital Limited Partnership. Company insiders that have bought First Horizon National stock in the last two years include Scott M Niswonger, and Wendy P Davidson.
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 $12.72.

How big of a company is First Horizon National?

First Horizon National has a market capitalization of $7.06 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 11/27/2020 by MarketBeat.com Staff

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