First Horizon Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Horizon in the last twelve months. There are currently 1 hold rating and 4 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.

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 July. As of July 15th, there was short interest totaling 10,500,000 shares, an increase of 25.0% from the June 30th total of 8,400,000 shares. Based on an average daily volume of 5,040,000 shares, the short-interest ratio is currently 2.1 days. Approximately 1.9% of the company's stock are sold short.
View First Horizon's Short Interest.

First Horizon is scheduled to release its next quarterly earnings announcement on Friday, October 22nd 2021.
View our earnings forecast for First Horizon.

First Horizon Co. (NYSE:FHN) issued its quarterly earnings data on Thursday, July, 15th. The financial services provider reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.15. First Horizon had a trailing twelve-month return on equity of 13.95% and a net margin of 33.31%. During the same period last year, the firm earned $0.20 EPS.
View First Horizon's earnings history.

First Horizon's stock was trading at $9.79 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FHN shares have increased by 56.4% and is now trading at $15.31.
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First Horizon declared a quarterly dividend on Tuesday, July 27th. Shareholders of record on Friday, September 10th will be given a dividend of $0.15 per share on Friday, October 1st. This represents a $0.60 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Thursday, September 9th.
View First Horizon's dividend history.

First Horizon pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.88%. 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 49.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Horizon will have a dividend payout ratio of 38.22% next year. This indicates that First Horizon will be able to sustain or increase its dividend.
View First Horizon's dividend history.

5 equities research analysts have issued twelve-month target prices for First Horizon's stock. Their forecasts range from $12.00 to $20.00. On average, they expect First Horizon's share price to reach $16.70 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price.
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).
View all of FHN's competitors.

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 a variety of retail and institutional investors. Top institutional shareholders include State of Michigan Retirement System (0.44%), Alliancebernstein L.P. (0.20%), Cambiar Investors LLC (0.10%), Texas Permanent School Fund (0.07%), Hunter Perkins Capital Management LLC (0.07%) and Sound Income Strategies LLC (0.04%). 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, 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 Silverleafe Capital Partners LLC, Alliancebernstein L.P., TrimTabs Asset Management LLC, Paragon Capital Management Ltd, Zurcher Kantonalbank Zurich Cantonalbank , Texas Permanent School Fund, Sumitomo Mitsui Trust Holdings Inc., and Cutler Group LP. 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 acquired by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Bowling Portfolio Management LLC, GWM Advisors LLC, Cambiar Investors LLC, Dupont Capital Management Corp, Strategic Investment Advisors MI, Sound Income Strategies LLC, and USA Financial Portformulas Corp. 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 $15.31.

First Horizon has a market capitalization of $8.46 billion and generates $3.39 billion in revenue each year. The financial services provider earns $845 million in net income (profit) each year or $1.22 on an earnings per share basis.

First Horizon employs 6,802 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]