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Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
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Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Reformers take 6 of 14 UAW board seats, could win majority
FDA change ushers in cheaper, easier-to-get hearing aids
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
As Musk is learning, content moderation is a messy job
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Reformers take 6 of 14 UAW board seats, could win majority
FDA change ushers in cheaper, easier-to-get hearing aids
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
As Musk is learning, content moderation is a messy job
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Reformers take 6 of 14 UAW board seats, could win majority
FDA change ushers in cheaper, easier-to-get hearing aids
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
As Musk is learning, content moderation is a messy job
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Reformers take 6 of 14 UAW board seats, could win majority
FDA change ushers in cheaper, easier-to-get hearing aids
NYSE:FHN

First Horizon - FHN Stock Forecast, Price & News

$24.68
-0.02 (-0.08%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$24.65
$24.71
50-Day Range
$22.90
$24.85
52-Week Range
$15.00
$24.92
Volume
5.65 million shs
Average Volume
6.96 million shs
Market Capitalization
$13.25 billion
P/E Ratio
16.68
Dividend Yield
2.43%
Price Target
$23.60

First Horizon MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
4.4% Downside
$23.60 Price Target
Short Interest
Bearish
5.39% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.43
Upright™ Environmental Score
News Sentiment
-0.10mentions of First Horizon in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$4.34 M Sold Last Quarter
Proj. Earnings Growth
16.67%
From $1.62 to $1.89 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.23 out of 5 stars

Finance Sector

483rd out of 891 stocks

National Commercial Banks Industry

50th out of 88 stocks

FHN stock logo

About First Horizon (NYSE:FHN) Stock

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also underwrites bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers various services, such as mortgage banking; title insurance and loan-closing; brokerage; correspondent banking; nationwide check clearing and remittance processing; trust, fiduciary, and agency; equipment finance; and investment and financial advisory services. Further, the company sells mutual fund and retail insurance products; and credit cards. It operates approximately 500 banking offices in 22 states under the First Horizon Bank brand; and 400 banking centers in 12 states under the FHN Financial brand in the United States. The company was formerly known as First Horizon National Corporation and changed its name to First Horizon Corporation in November 2020. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.

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FHN Stock News Headlines

First Horizon (NYSE:FHN) Sees Large Volume Increase
Cramer's Top Stock Picks: FHN KKD XTEX
Recap: First Horizon Q3 Earnings
First Horizon National Q3 Profit Increases, beats estimates
FHN Crosses Above Average Analyst Target
Fed Approves U.S. Bancorp Acquisition of MUFG Union Bank
Mindgruve Selected As Agency of Record for First Horizon Bank
See More Headlines
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FHN Company Calendar

Ex-Dividend for 10/3 Dividend
9/08/2022
Dividend Payable
10/03/2022
Last Earnings
10/18/2022
Today
12/04/2022
Ex-Dividend for 1/3 Dividend
12/15/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/03/2023
Next Earnings (Estimated)
1/19/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
32051710
Employees
7,867
Year Founded
1864

Price Target and Rating

Average Stock Price Forecast
$23.60
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
-4.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
8 Analysts

Profitability

Net Income
$999 million
Pretax Margin
33.98%

Debt

Sales & Book Value

Annual Sales
$3.25 billion
Cash Flow
$2.24 per share
Book Value
$13.54 per share

Miscellaneous

Free Float
528,484,000
Market Cap
$13.25 billion
Optionable
Optionable
Beta
0.95

Social Links


Key Executives

  • Mr. D. Bryan JordanMr. D. Bryan Jordan (Age 60)
    Chairman & CEO
    Comp: $2.73M
  • Ms. Hope Dmuchowski (Age 43)
    Sr. EVP & CFO
    Comp: $852.25k
  • Mr. David T. PopwellMr. David T. Popwell (Age 62)
    Pres of Specialty Banking
    Comp: $1.52M
  • Mr. Daryl G. ByrdMr. Daryl G. Byrd (Age 67)
    Sr. Advisor
    Comp: $4.22M
  • Mr. Anthony J. RestelMr. Anthony J. Restel (Age 52)
    Pres of Regional Banking
    Comp: $1.46M
  • Ms. Tammy S. LoCascio (Age 53)
    Sr. EVP & COO
  • Mr. Jeff L. Fleming (Age 60)
    Exec. VP, Chief Accounting Officer & Corp. Controller
  • Ms. Ellen A. Taylor
    Exec. VP & Head of Investor Relations
  • Mr. Charles T. Tuggle Jr. (Age 73)
    Exec. VP & Gen. Counsel
  • Ms. Elizabeth A. ArdoinMs. Elizabeth A. Ardoin (Age 53)
    Sr. EVP & Chief of Communications













FHN Stock - Frequently Asked Questions

Should I buy or sell First Horizon stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Horizon in the last twelve months. There are currently 8 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FHN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FHN, but not buy additional shares or sell existing shares.
View FHN analyst ratings
or view top-rated stocks.

What is First Horizon's stock price forecast for 2023?

8 equities research analysts have issued 12-month price objectives for First Horizon's stock. Their FHN share price forecasts range from $21.00 to $25.00. On average, they expect the company's stock price to reach $23.60 in the next year. This suggests that the stock has a possible downside of 4.4%.
View analysts price targets for FHN
or view top-rated stocks among Wall Street analysts.

How have FHN shares performed in 2022?

First Horizon's stock was trading at $16.33 at the beginning of 2022. Since then, FHN stock has increased by 51.1% and is now trading at $24.68.
View the best growth stocks for 2022 here
.

Are investors shorting First Horizon?

First Horizon saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 29,790,000 shares, an increase of 12.8% from the October 15th total of 26,410,000 shares. Based on an average trading volume of 3,860,000 shares, the short-interest ratio is currently 7.7 days. Approximately 5.6% of the shares of the stock are sold short.
View First Horizon's Short Interest
.

When is First Horizon's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 19th 2023.
View our FHN earnings forecast
.

How were First Horizon's earnings last quarter?

First Horizon Co. (NYSE:FHN) announced its quarterly earnings data on Tuesday, October, 18th. The financial services provider reported $0.44 EPS for the quarter, missing analysts' consensus estimates of $0.45 by $0.01. The financial services provider had revenue of $875 million for the quarter, compared to analyst estimates of $819.83 million. First Horizon had a net margin of 26.45% and a trailing twelve-month return on equity of 12.37%. During the same period last year, the firm earned $0.50 EPS.

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

First Horizon announced a quarterly dividend on Tuesday, October 25th. Shareholders of record on Friday, December 16th will be paid a dividend of $0.15 per share on Tuesday, January 3rd. This represents a $0.60 annualized dividend and a dividend yield of 2.43%. The ex-dividend date is Thursday, December 15th.
Read our dividend analysis for FHN
.

Is First Horizon a good dividend stock?

First Horizon (NYSE:FHN) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.43%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 40.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FHN will have a dividend payout ratio of 31.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FHN.

How will First Horizon's stock buyback program work?

First Horizon announced that its board has initiated a stock buyback program on Tuesday, October 26th 2021, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its stock is undervalued.

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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.41%), Vanguard Group Inc. (9.87%), State Street Corp (3.46%), Barclays PLC (3.26%), Dimensional Fund Advisors LP (2.08%) and LSV Asset Management (1.68%). Insiders that own company 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, Tammy Locascio, Terry Lawson Akins, Wendy P Davidson and William C Losch III.
View institutional ownership trends
.

How do I buy shares of First Horizon?

Shares of FHN stock 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 $24.68.

How much money does First Horizon make?

First Horizon (NYSE:FHN) has a market capitalization of $13.25 billion and generates $3.25 billion in revenue each year. The financial services provider earns $999 million in net income (profit) each year or $1.48 on an earnings per share basis.

How many employees does First Horizon have?

The company employs 7,867 workers across the globe.

How can I contact First Horizon?

First Horizon's mailing address is 165 MADISON AVENUE, MEMPHIS TN, 38103. The official website for the company is www.firsthorizon.com. The financial services provider can be reached via phone at (901) 523-4444, via email at investorrelations@firsthorizon.com, or via fax at 901-523-4945.

This page (NYSE:FHN) was last updated on 12/4/2022 by MarketBeat.com Staff