Top-Rated Dividend StocksTop-Rated DividendNYSE:FHN First Horizon (FHN) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free FHN Stock Alerts $14.62 +0.34 (+2.38%) (As of 04/19/2024 ET) Add Compare Share Share Today's Range$14.23▼$14.6450-Day Range$13.74▼$15.4052-Week Range$8.99▼$18.99Volume5.11 million shsAverage Volume7.15 million shsMarket Capitalization$8.11 billionP/E Ratio10.22Dividend Yield4.10%Price Target$16.15 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get First Horizon alerts: Email Address First Horizon MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.79 Rating ScoreUpside/Downside10.6% Upside$16.15 Price TargetShort InterestHealthy1.62% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.43Upright™ Environmental ScoreNews Sentiment0.67Based on 25 Articles This WeekInsider TradingN/AProj. Earnings Growth8.90%From $1.46 to $1.59 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.98 out of 5 starsFinance Sector9th out of 843 stocksNational Commercial Banks Industry4th out of 81 stocks 3.4 Analyst's Opinion Consensus RatingFirst Horizon has received a consensus rating of Moderate Buy. The company's average rating score is 2.79, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageFirst Horizon has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.62% of the float of First Horizon has been sold short.Short Interest Ratio / Days to CoverFirst Horizon has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Horizon has recently decreased by 23.86%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFirst Horizon is a leading dividend payer. It pays a dividend yield of 4.23%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirst Horizon does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of First Horizon is 41.96%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Horizon will have a dividend payout ratio of 37.74% next year. This indicates that First Horizon will be able to sustain or increase its dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirst Horizon has received a 36.84% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Consumer savings accounts provided by brick and mortar banks", "Commercial deposit accounts", "Consumer transaction accounts provided by brick and mortar banks", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", and "Mortgage loans for corporations" products. See details.Environmental SustainabilityThe Environmental Impact score for First Horizon is -0.43. Previous Next 3.1 News and Social Media Coverage News SentimentFirst Horizon has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 25 news articles for First Horizon this week, compared to 8 articles on an average week.Search Interest11 people have searched for FHN on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days.MarketBeat Follows11 people have added First Horizon to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Horizon insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.87% of the stock of First Horizon is held by insiders.Percentage Held by Institutions80.28% of the stock of First Horizon is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for First Horizon are expected to grow by 8.90% in the coming year, from $1.46 to $1.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Horizon is 10.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.49.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon is 10.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.24.Price to Earnings Growth RatioFirst Horizon has a PEG Ratio of 4.00. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFirst Horizon has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeThe “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! About First Horizon Stock (NYSE:FHN)First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also accepts deposits; provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; financial planning; and offers investment and financial advisory services. In addition, it offers mortgage banking; loan syndications; brokerage services; commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, tax credit finance, energy and healthcare finance, asset management, and corporate and correspondent banking services. Further, the company provides transaction processing services including check clearing services and remittance processing, credit cards, investment, and sale of mutual fund and retail insurances, as well as trust, fiduciary, and agency services. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.Read More FHN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FHN Stock News HeadlinesApril 19, 2024 | finance.yahoo.comFirst Horizon Corporation (NYSE:FHN) is a favorite amongst institutional investors who own 81%April 19, 2024 | seekingalpha.comFirst Horizon Corporation (FHN) Q1 2024 Earnings Call TranscriptApril 19, 2024 | Altimetry (Ad)Secret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. April 18, 2024 | markets.businessinsider.comExpert Outlook: First Horizon Through The Eyes Of 9 AnalystsApril 18, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Cnb Financial (CCNE), First Horizon (FHN) and Amerant Bancorp (AMTB)April 18, 2024 | finance.yahoo.comFirst Horizon Corp (FHN) Q1 2024 Earnings Call Transcript Highlights: Strong Performance and ...April 17, 2024 | msn.comFirst Horizon stock climbs after guidance adjustment, slight Q1 earnings beatApril 17, 2024 | msn.comFHN Stock Earnings: First Horizon Beats EPS, Beats Revenue for Q1 2024April 19, 2024 | Altimetry (Ad)Secret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. April 17, 2024 | finance.yahoo.comFirst Horizon National (FHN) Beats Q1 Earnings and Revenue EstimatesApril 17, 2024 | finance.yahoo.comFirst Horizon Corp Reports Q1 2024 Earnings: A Close Match to Analyst ExpectationsApril 17, 2024 | finance.yahoo.comFirst Horizon (FHN) Reports Q1 Earnings: What Key Metrics Have to SayApril 17, 2024 | sfgate.comFirst Horizon: Q1 Earnings SnapshotApril 17, 2024 | markets.businessinsider.comFirst Horizon Corporation Q1 Profit Decreases, but beats estimatesApril 17, 2024 | finance.yahoo.comFirst Horizon Corporation's Momentum Continues with Strong First Quarter 2024 Results; Net Income Available to Common Shareholders of $184 Million or EPS of $0.33; $195 Million or $0.35 on an Adjusted Basis - up 9% Over Prior Quarter*April 16, 2024 | msn.comFirst Horizon National Q1 2024 Earnings PreviewApril 16, 2024 | prnewswire.comVernon Stafford and Tanya Hart recognized in Savoy Magazine's 2024 Most Influential Executives in Corporate AmericaApril 15, 2024 | prnewswire.comFirst Horizon Corporation Names Thomas Hung Chief Credit Officer, Susan Springfield Announces RetirementApril 13, 2024 | uk.investing.comFirst Horizon appoints Tracy Bell as new Chief Investment OfficerApril 11, 2024 | prnewswire.comTracy Bell named Chief Investment Officer of First Horizon Advisors Inc.April 11, 2024 | americanbankingnews.comWells Fargo & Company Increases First Horizon (NYSE:FHN) Price Target to $16.00April 11, 2024 | americanbankingnews.comWedbush Reaffirms "Outperform" Rating for First Horizon (NYSE:FHN)April 10, 2024 | prnewswire.comMartin de Laureal Named President of First Horizon Advisors, Inc. and Head of Private Banking of First Horizon BankApril 10, 2024 | americanbankingnews.comFirst Horizon (NYSE:FHN) Upgraded to Outperform by Royal Bank of CanadaApril 10, 2024 | americanbankingnews.comFirst Horizon (FHN) to Release Quarterly Earnings on WednesdayApril 9, 2024 | msn.comFirst Horizon upgraded to Outperform as RBC warms up to long-term strategyApril 8, 2024 | msn.comKevin Costner To Debut ‘Horizon, An American Saga’ At Cannes Film FestivalSee More Headlines Receive FHN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Horizon and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/1 Dividend3/14/2024Dividend Payable4/01/2024Last Earnings4/17/2024Today4/19/2024Next Earnings (Estimated)7/17/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNYSE:FHN CUSIP32051710 CIK36966 Webwww.firsthorizon.com Phone(901) 523-4444Fax901-523-4945Employees7,378Year Founded1864Price Target and Rating Average Stock Price Target$16.15 High Stock Price Target$18.00 Low Stock Price Target$12.00 Potential Upside/Downside+10.4%Consensus RatingModerate Buy Rating Score (0-4)2.79 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$1.43 Trailing P/E Ratio10.23 Forward P/E Ratio10.02 P/E Growth4Net Income$897 million Net Margins16.07% Pretax Margin20.18% Return on Equity8.96% Return on Assets0.92% Debt Debt-to-Equity Ratio0.13 Current Ratio0.96 Quick Ratio0.94 Sales & Book Value Annual Sales$5.03 billion Price / Sales1.62 Cash Flow$1.74 per share Price / Cash Flow8.42 Book Value$15.59 per share Price / Book0.94Miscellaneous Outstanding Shares554,940,000Free Float550,116,000Market Cap$8.12 billion OptionableOptionable Beta0.94 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. D. Bryan Jordan (Age 62)Chairman, President & CEO Comp: $2.66MMs. Hope Dmuchowski (Age 45)Senior EVP & CFO Comp: $1.18MMs. Tammy S. LoCascio (Age 55)Senior EVP & COO Comp: $1.31MMr. David T. Popwell (Age 64)President of Specialty Banking Comp: $1.4MMr. Anthony J. Restel (Age 54)President of Regional Banking Comp: $1.35MMr. Jeff L. Fleming (Age 62)Executive VP, Chief Accounting Officer & Corporate Controller Mr. Mohan SankararamanExecutive VP & Chief Information OfficerMs. Natalie FlandersSenior VP & Head of Investor RelationsMr. Charles T. Tuggle Jr. (Age 75)Executive VP & General Counsel Comp: $927.09kMs. Elizabeth A. Ardoin (Age 55)Senior EVP & Chief of Communications Officer More ExecutivesKey CompetitorsWebster FinancialNYSE:WBSCullen/Frost BankersNYSE:CFRPinnacle Financial PartnersNASDAQ:PNFPZions Bancorporation, National AssociationNASDAQ:ZIONBOK FinancialNASDAQ:BOKFView All CompetitorsInsiders & InstitutionsSumitomo Mitsui Trust Holdings Inc.Bought 6,500 shares on 4/19/2024Ownership: 0.006%Handelsinvest InvesteringsforvaltningSold 8,045 shares on 4/19/2024Ownership: 0.003%State of Michigan Retirement SystemBought 3,200 shares on 4/18/2024Ownership: 0.025%Financial Partners Group LLCSold 5,211 shares on 4/18/2024Ownership: 0.022%Oak Thistle LLCBought 45,525 shares on 4/18/2024Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions FHN Stock Analysis - Frequently Asked Questions Should I buy or sell First Horizon stock right now? 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Horizon in the last year. There are currently 4 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FHN shares. View FHN analyst ratings or view top-rated stocks. What is First Horizon's stock price target for 2024? 14 brokerages have issued 1 year price objectives for First Horizon's stock. Their FHN share price targets range from $12.00 to $18.00. On average, they predict the company's share price to reach $16.15 in the next year. This suggests a possible upside of 10.6% from the stock's current price. View analysts price targets for FHN or view top-rated stocks among Wall Street analysts. How have FHN shares performed in 2024? First Horizon's stock was trading at $14.16 on January 1st, 2024. Since then, FHN shares have increased by 3.1% and is now trading at $14.60. View the best growth stocks for 2024 here. Are investors shorting First Horizon? First Horizon saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 8,870,000 shares, a drop of 23.9% from the March 15th total of 11,650,000 shares. Based on an average daily volume of 7,200,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.6% of the company's shares 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 Wednesday, July 17th 2024. View our FHN earnings forecast. How were First Horizon's earnings last quarter? First Horizon Co. (NYSE:FHN) released its quarterly earnings data on Wednesday, April, 17th. The financial services provider reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.01. The financial services provider had revenue of $819 million for the quarter, compared to the consensus estimate of $809.51 million. First Horizon had a net margin of 16.07% and a trailing twelve-month return on equity of 8.96%. First Horizon's revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.46 earnings per share. How often does First Horizon pay dividends? What is the dividend yield for First Horizon? First Horizon announced a quarterly dividend on Tuesday, January 23rd. Stockholders of record on Friday, March 15th will be paid a dividend of $0.15 per share on Monday, April 1st. This represents a $0.60 annualized dividend and a dividend yield of 4.11%. The ex-dividend date of this dividend is Thursday, March 14th. 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 4.23%. FHN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 41.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FHN will have a dividend payout ratio of 37.74% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FHN. What ETFs hold First Horizon's stock? ETFs with the largest weight of First Horizon (NYSE:FHN) stock in their portfolio include SPDR S&P Regional Banking ETF (KRE), Direxion Daily Regional Banks Bull 3x Shares (DPST), iShares U.S. Regional Banks ETF (IAT), Invesco KBW Bank ETF (KBWB), First Trust Financial AlphaDEX Fund (FXO), SPDR S&P Bank ETF (KBE), BNY Mellon Women's Opportunities ETF (BKWO) and RiverFront Dynamic US Dividend Advantage ETF (RFDA). How will First Horizon's stock buyback program work? First Horizon announced that its board has approved a share buyback program on Tuesday, January 23rd 2024, which allows the company to repurchase $650,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board believes its shares are 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). Who are First Horizon's major shareholders? First Horizon's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.14%), Hodges Capital Management Inc. (0.07%), Duncan Williams Asset Management LLC (0.06%), Alaska Permanent Fund Corp (0.03%), &PARTNERS (0.03%) and KMG Fiduciary Partners LLC (0.03%). Insiders that own company stock include Anthony J Restel, Colin V Reed, Colin V Reed, D Bryan Jordan, Daryl G Byrd, David T Popwell, R Eugene Taylor, Rosa Sugranes, Susan L Springfield, Tammy Locascio, Terry Lawson Akins, Vicki R Palmer, William C Losch III and William H Fenstermaker. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:FHN) was last updated on 4/19/2024 by MarketBeat.com Staff From Our PartnersThe “Perfect Storm” for GoldGold Safe ExchangeTiny Biotech Stock Wins $75 Billion PatentBehind the MarketsBiden’s $374B Giveaway Into This SectorDTISHOCKING Crypto Leak…Crypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsThe #1 Crypto for 2024InvestorPlaceHow Biden has already won 2024Porter & CompanyTop 5 AI Stocks to Buy for 2024Market Moving Trends Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Horizon Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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