S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NYSE:FHN

First Horizon Stock Forecast, Price & News

$17.15
-0.24 (-1.38%)
(As of 01/21/2022 04:00 PM ET)
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Today's Range
$17.11
$17.52
50-Day Range
$15.24
$18.63
52-Week Range
$13.44
$19.45
Volume
10.13 million shs
Average Volume
6.29 million shs
Market Capitalization
$9.42 billion
P/E Ratio
9.74
Dividend Yield
3.45%
Beta
1.41
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First Horizon logo

About First Horizon

First 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 four 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.

Headlines

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Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
32051710
Employees
6,802
Year Founded
1864

Sales & Book Value

Annual Sales
$3.39 billion
Cash Flow
$1.03 per share
Book Value
$14.11 per share

Profitability

Net Income
$845 million
Pretax Margin
39.28%

Debt

Price-To-Earnings

Miscellaneous

Free Float
540,379,000
Market Cap
$9.42 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 1/3 Dividend
12/09/2021
Dividend Payable
1/03/2022
Last Earnings
1/20/2022
Today
1/23/2022
Next Earnings (Estimated)
4/20/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.64 out of 5 stars

Finance Sector

226th out of 1,355 stocks

National Commercial Banks Industry

24th out of 108 stocks

Analyst Opinion: 2.3Community Rank: 3.9Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












First Horizon (NYSE:FHN) Frequently Asked Questions

Is First Horizon a buy right now?

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

How has First Horizon's stock been impacted by COVID-19?

First Horizon's stock was trading at $9.79 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FHN stock has increased by 75.2% and is now trading at $17.15.
View which stocks have been most impacted by COVID-19
.

Are investors shorting First Horizon?

First Horizon saw a decline in short interest during the month of December. As of December 31st, there was short interest totaling 7,240,000 shares, a decline of 24.4% from the December 15th total of 9,580,000 shares. Based on an average trading volume of 3,980,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 1.4% of the shares of the stock are short sold.
View First Horizon's Short Interest
.

When is First Horizon's next earnings date?

First Horizon is scheduled to release its next quarterly earnings announcement on Wednesday, April 20th 2022.
View our earnings forecast for First Horizon
.

How were First Horizon's earnings last quarter?

First Horizon Co. (NYSE:FHN) announced its quarterly earnings results on Thursday, January, 20th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.38 by $0.10. First Horizon had a net margin of 30.55% and a trailing twelve-month return on equity of 14.67%. During the same quarter in the previous year, the company earned $0.46 EPS.
View First Horizon's earnings history
.

How often does First Horizon pay dividends? What is the dividend yield for First Horizon?

First Horizon declared a quarterly dividend on Tuesday, October 26th. Investors of record on Friday, December 10th will be paid a dividend of $0.15 per share on Monday, January 3rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date is Thursday, December 9th.
View First Horizon's dividend history
.

Is First Horizon a good dividend stock?

First Horizon pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.45%. First Horizon has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of First Horizon is 34.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Horizon will have a dividend payout ratio of 39.74% next year. This indicates that First Horizon will be able to sustain or increase its dividend.
View First Horizon's dividend history.

How will First Horizon's stock buyback program work?

First Horizon declared that its board has approved a stock buyback program on Tuesday, October 26th 2021, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 5.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

What price target have analysts set for FHN?

4 equities research analysts have issued twelve-month target prices for First Horizon's stock. Their forecasts range from $17.00 to $21.00. On average, they anticipate First Horizon's share price to reach $19.25 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price.
View analysts' price targets for First Horizon
or view top-rated stocks among Wall Street analysts.

Who are First Horizon's key executives?

First Horizon's management team includes the following people:
  • D. Bryan Jordan, President, Chief Executive Officer & Director
  • Tammy S. LoCascio, COO, Chief Human Resources Officer & Senior EVP
  • Hope Dmuchowski, Chief Financial Officer & Senior Executive VP
  • Bruce A. Livesay, Chief Information Officer & Executive VP
  • Susan L. Springfield, Chief Credit Officer & Senior Executive VP

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 a variety of institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.29%), Ferguson Wellman Capital Management Inc. (0.25%), Cantor Fitzgerald Investment Adviser L.P. (0.08%), Russell Investments Group Ltd. (0.07%), Sound Income Strategies LLC (0.05%) and Bridge Creek Capital Management LLC (0.03%). Company insiders that own First Horizon stock include Anthony J Restel, D Bryan Jordan, Daryl G Byrd, David T Popwell, Elizabeth A Ardoin, R Eugene Taylor, Scott M Niswonger, Susan L Springfield, Wendy P Davidson and William C Losch III.
View institutional ownership trends for First Horizon
.

Which institutional investors are selling First Horizon stock?

FHN stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State of Alaska Department of Revenue, Retirement Systems of Alabama, AE Wealth Management LLC, International Assets Investment Management LLC, Parallel Advisors LLC, Villere ST Denis J & Co. LLC, and Louisiana State Employees Retirement System. Company insiders that have sold First Horizon company stock in the last year include D Bryan Jordan, David T Popwell, 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.

Which institutional investors are buying First Horizon stock?

FHN stock was acquired by a variety of institutional investors in the last quarter, including Ferguson Wellman Capital Management Inc., Radnor Capital Management LLC, Mountain Capital Investment Advisors Inc, First Hawaiian Bank, Summit Financial Wealth Advisors LLC, Sound Income Strategies LLC, Cantor Fitzgerald Investment Adviser L.P., and Stratos Wealth Partners LTD.. 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.

How do I buy shares of First Horizon?

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.
Compare Top Brokerages Here.

What is First Horizon's stock price today?

One share of FHN stock can currently be purchased for approximately $17.15.

How much money does First Horizon make?

First Horizon has a market capitalization of $9.42 billion and generates $3.39 billion in revenue each year. The financial services provider earns $845 million in net income (profit) each year or $1.76 on an earnings per share basis.

How many employees does First Horizon have?

First Horizon employs 6,802 workers across the globe.

When was First Horizon founded?

First Horizon was founded in 1864.

What is First Horizon's official website?

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

Where are First Horizon's headquarters?

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

How can I contact First Horizon?

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, via email at [email protected], or via fax at 901-523-4945.


This page was last updated on 1/23/2022 by MarketBeat.com Staff

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