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First Horizon (FHN)
NYSE:FHN
First Horizon (FHN) Stock Price & Analysis
694 Followers
FHN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.57 - $17.66
Previous Close$14.63
Volume4.49M
Average Volume (3M)6.67M
Market Cap
$8.12B
Enterprise Value$12.11B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$3.70B
Price to Earnings (P/E)10.2
Beta0.61
Next Earnings
Jul 16, 2024EPS Estimate
$0.36Last Dividend Ex-Date
Mar 14, 2024Dividend Yield4.1%
Share Statistics
EPS (TTM)1.44
Shares Outstanding558,807,806
10 Day Avg. Volume5,861,057
30 Day Avg. Volume6,673,660
Standard Deviation0.12
R-Squared0.17
Alpha0.00219
Financial Highlights & Ratios
Price to Book (P/B)1.21
Price to Sales (P/S)10.22
Price to Cash Flow (P/CF)5.60
P/FCF Ratio2.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.49
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$17.23Price Target Upside15.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
First Horizon News
PremiumCompany Announcements
First Horizon Shareholders Approve Expansions and Elections
PremiumCompany Announcements
First Horizon Releases Insightful Financial Health Report
Bulls Say, Bears Say
Bulls Say
Capital ManagementAggressive share repurchase demonstrates First Horizon's commitment to returning value to shareholders, underlined by a $150 million buyback as part of a larger $650 million authorization.
Financial PerformanceFirst Horizon National Corporation reported a second consecutive strong quarter, with significant net interest income (NII) growth driven by effective higher cost funding repricing.
ValuationWith the stock trading at an attractive valuation, First Horizon presents a compelling investment opportunity highlighted by its price objective of $18 and reaffirmed Buy rating.
Bears Say
Credit QualityCredit normalization is shown with Non-Performing Loans increasing and higher charge-offs in commercial real-estate loans.
Financial PerformanceRevenue growth is anticipated to slow due to lower income from fees and higher cost deposits being repriced lower.
Interest Margin PressureDeposit costs have reached a bottom, indicating potential pressure on net interest margins.
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Ownership Overview
2.89% Insiders
23.51% Mutual Funds
27.62% Other Institutional Investors
45.97% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FHN FAQ
What was First Horizon’s price range in the past 12 months?
First Horizon lowest stock price was $8.57 and its highest was $17.66 in the past 12 months.
What is First Horizon’s market cap?
Currently, no data Available
When is First Horizon’s upcoming earnings report date?
First Horizon’s upcoming earnings report date is Jul 16, 2024 which is in 83 days.
How were First Horizon’s earnings last quarter?
First Horizon released its earnings results on Apr 17, 2024. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.329 by $0.001.
Is First Horizon overvalued?
According to Wall Street analysts First Horizon’s price is currently Undervalued.
Does First Horizon pay dividends?
First Horizon pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 4.1%. See more information on First Horizon dividends here
What is First Horizon’s EPS estimate?
First Horizon’s EPS estimate is $0.36.
How many shares outstanding does First Horizon have?
First Horizon has 554,944,030 shares outstanding.
What happened to First Horizon’s price movement after its last earnings report?
First Horizon reported an EPS of $0.33 in its last earnings report, beating expectations of $0.329. Following the earnings report the stock price went up 1.869%.
Which hedge fund is a major shareholder of First Horizon?
Among the largest hedge funds holding First Horizon’s share is Greenlight Capital Inc. It holds First Horizon’s shares valued at 19M.
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First Horizon Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$17.23 (15.56% Upside)
$17.23 (15.56% Upside)
Blogger Sentiment
Bullish
FHN Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.7M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.3%
Last 30 Days ▼ 6.4%
Last 30 Days ▼ 6.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-17.48%
12-Months-Change
Fundamentals
Return on Equity
9.59%
Trailing 12-Months
Asset Growth
1.33%
Trailing 12-Months
Company Description
First Horizon
First Horizon National Corp. operates as a financial holding company, which offers checking accounts, savings products, mortgage banking, lending, and financing to individuals and businesses. It operates the business through four segments: Regional Banking, Fixed Income, Corporate, and Non-strategic. The Regional Banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers. The Fixed Income segment provides financial services for depository and non depository institutions through the sale and distribution of fixed income securities, loan sales, portfolio advisory services, and derivative sales. The Corporate segment consists of unallocated corporate expenses, expense on subordinated debt issuances, bank owned life insurance, unallocated interest income associated with excess equity, net impact of raising incremental capital, revenue and expense associated with deferred compensation plans, funds management, tax credit investment activities, gains on the extinguishment of debt, acquisition-related costs, and various charges related to restructuring and repositioning. The Non-strategic segment includes wind down national consumer lending activities, loan portfolios, service lines and other discontinued products. The company was founded by Frank S. Davis in 1864 and is headquartered in Memphis, TN.
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FHN Company Deck
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FHN Earnings Call
Q1 2024
0:00 / 0:00
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FHN Stock 12 Months Forecast
Average Price Target
$17.23
▲(15.56% Upside)
Technical Analysis
Citizens Financial
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Regions Financial
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Comerica
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Zions Bancorporation National Association
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Best Analysts Covering FHN
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+22.41%
assigned a buy rating 6 days ago
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