First Horizon (FHN) Stock Forecast, Price & News

First Horizon (NYSE:FHN) Frequently Asked Questions

Is First Horizon a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Horizon in the last twelve months. There are currently 9 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" First Horizon stock. 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 analyst ratings for First Horizon or view top-rated stocks.

Are investors shorting First Horizon?

First Horizon saw a increase in short interest in April. As of April 15th, there was short interest totaling 25,890,000 shares, an increase of 24.1% from the March 31st total of 20,870,000 shares. Based on an average daily volume of 9,930,000 shares, the short-interest ratio is presently 2.6 days. Approximately 4.9% of the company's shares are sold short.
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 Friday, July 15th 2022.
View our earnings forecast for First Horizon.

How were First Horizon's earnings last quarter?

First Horizon Co. (NYSE:FHN) posted its earnings results on Tuesday, April, 19th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.04. The financial services provider had revenue of $707 million for the quarter, compared to analyst estimates of $707.92 million. First Horizon had a net margin of 30.72% and a trailing twelve-month return on equity of 13.82%. During the same quarter in the prior year, the company earned $0.51 earnings per share.
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, April 26th. Stockholders of record on Friday, June 10th will be paid a dividend of $0.15 per share on Friday, July 1st. This represents a $0.60 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend is Thursday, June 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 2.60%. The dividend payout ratio of First Horizon is 35.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Horizon will have a dividend payout ratio of 33.15% 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 announced that its Board of Directors has authorized a share repurchase program on Tuesday, October 26th 2021, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 5.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

What price target have analysts set for FHN?

9 Wall Street analysts have issued twelve-month price objectives for First Horizon's stock. Their forecasts range from $17.00 to $25.00. On average, they expect First Horizon's stock price to reach $21.29 in the next twelve months. This suggests that the stock has a possible downside of 7.9%.
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:

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

Who are some of First Horizon's key competitors?

Some companies that are related to First Horizon include The PNC Financial Services Group (PNC), Truist Financial (TFC), M&T Bank (MTB), SVB Financial Group (SIVB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), Regions Financial (RF), Huntington Bancshares (HBAN), KeyCorp (KEY), Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Webster Financial (WBS) and Zions Bancorporation, National Association (ZION).
View all of FHN's competitors.

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.39%), Vanguard Group Inc. (9.61%), State Street Corp (3.60%), Bank of New York Mellon Corp (2.76%), LSV Asset Management (2.38%) and Dimensional Fund Advisors LP (2.22%). 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, Susan L Springfield, Terry Lawson Akins 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 Fuller & Thaler Asset Management Inc., JPMorgan Chase & Co., Vanguard Group Inc., BlackRock Inc., Invesco Ltd., State Street Corp, LSV Asset Management, and Victory Capital Management Inc.. Company insiders that have sold First Horizon company stock in the last year include Daryl G Byrd, Terry Lawson Akins, 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 Segantii Capital Management Ltd, Bank of New York Mellon Corp, Versor Investments LP, Alpine Associates Management Inc., Bank of Montreal Can, Assenagon Asset Management S.A., Omni Event Management Ltd, and Canada Pension Plan Investment Board.
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.
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What is First Horizon's stock price today?

One share of FHN stock can currently be purchased for approximately $23.10.

How much money does First Horizon make?

First Horizon has a market capitalization of $12.35 billion and generates $3.25 billion in revenue each year. The financial services provider earns $999 million in net income (profit) each year or $1.679990 on an earnings per share basis.

How many employees does First Horizon have?

First Horizon employs 7,867 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.

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.