Top-Rated Dividend StocksTop-Rated DividendNYSE:FHN First Horizon (FHN) Stock Price, News & Analysis → The 'Smart Money' Is Ready for May 1st Are You? (From Stansberry Research) (Ad) Free FHN Stock Alerts $14.86 -0.02 (-0.13%) (As of 01:22 PM ET) Add Compare Share Share Today's Range$14.70▼$14.9650-Day Range$13.88▼$15.4052-Week Range$8.99▼$18.29Volume1.46 million shsAverage Volume7.02 million shsMarket Capitalization$8.25 billionP/E Ratio10.39Dividend Yield4.04%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/Downside8.8% Upside$16.15 Price TargetShort InterestHealthy1.62% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.43Upright™ Environmental ScoreNews Sentiment0.79Based on 28 Articles This WeekInsider TradingN/AProj. Earnings Growth8.67%From $1.50 to $1.63 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.4.92 out of 5 starsFinance Sector28th out of 855 stocksNational Commercial Banks Industry7th out of 83 stocks 2.4 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 8 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 4.02%, 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 36.81% 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 3.8 News and Social Media Coverage News SentimentFirst Horizon has a news sentiment score of 0.79. 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 is a higher news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 28 news articles for First Horizon this week, compared to 8 articles on an average week.Search Interest15 people have searched for FHN on MarketBeat in the last 30 days. This is an increase of 114% compared to the previous 30 days.MarketBeat Follows10 people have added First Horizon to their MarketBeat watchlist in the last 30 days. This is an increase of 11% 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 8.67% in the coming year, from $1.50 to $1.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Horizon is 10.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.67.Price to Earnings Ratio vs. SectorThe P/E ratio of First Horizon is 10.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.08.Price to Earnings Growth RatioFirst Horizon has a PEG Ratio of 4.10. 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 0.95. 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 Banyan Hill PublishingThe Best AI Stock to Own in the World Today is Trading for Just $25“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him 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 23, 2024 | msn.comFirst Horizon National declares $0.15 dividendApril 23, 2024 | prnewswire.comFirst Horizon Declares Cash Dividends on Common and Preferred StockApril 24, 2024 | InvestorPlace (Ad)The #1 Crypto for 20245 Tiny Cryptos That Could Soar During 2024 Crypto Bull Run One of the first ever crypto millionaires who bought Bitcoin when it was trading for just $5 in 2011 is back with his next huge prediction. A newly approved government regulation is set to flood trillions of dollars into the crypto markets, leading to the FINAL crypto bull run. One of the "Kings of Crypto" has revealed five tiny cryptos that could soar over the course of 2024. Potentially resulting in gains as big as 10X, 50X, or even 100X over the next 12 months.April 22, 2024 | americanbankingnews.comWedbush Comments on First Horizon Co.'s Q4 2024 Earnings (NYSE:FHN)April 22, 2024 | americanbankingnews.comFirst Horizon Co. (NYSE:FHN) Given Average Rating of "Moderate Buy" by AnalystsApril 21, 2024 | americanbankingnews.comStockNews.com Upgrades First Horizon (NYSE:FHN) to HoldApril 20, 2024 | americanbankingnews.comRobert W. Baird Increases First Horizon (NYSE:FHN) Price Target to $16.00April 20, 2024 | americanbankingnews.comWedbush Comments on First Horizon Co.'s Q3 2024 Earnings (NYSE:FHN)April 24, 2024 | InvestorPlace (Ad)The #1 Crypto for 20245 Tiny Cryptos That Could Soar During 2024 Crypto Bull Run One of the first ever crypto millionaires who bought Bitcoin when it was trading for just $5 in 2011 is back with his next huge prediction. 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Potentially resulting in gains as big as 10X, 50X, or even 100X over the next 12 months.April 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 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 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.See 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 Earnings4/17/2024Today4/24/2024Next 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+8.6%Consensus RatingModerate Buy Rating Score (0-4)2.79 Research Coverage14 Analysts Profitability EPS (Most Recent Fiscal Year)$1.43 Trailing P/E Ratio10.41 Forward P/E Ratio9.92 P/E Growth4.1Net 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 Ratio0.95 Sales & Book Value Annual Sales$5.03 billion Price / Sales1.64 Cash Flow$1.68 per share Price / Cash Flow8.86 Book Value$15.59 per share Price / Book0.95Miscellaneous Outstanding Shares554,940,000Free Float550,116,000Market Cap$8.26 billion OptionableOptionable Beta0.94 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 & InstitutionsAmalgamated BankBought 9,561 shares on 4/23/2024Ownership: 0.068%Raymond James Financial Services Advisors Inc.Bought 5,274 shares on 4/23/2024Ownership: 0.059%Louisiana State Employees Retirement SystemBought 3,900 shares on 4/23/2024Ownership: 0.029%Wetzel Investment Advisors Inc.Sold 2,000 shares on 4/23/2024Ownership: 0.001%Nilsine Partners LLCSold 1,261 shares on 4/22/2024Ownership: 0.002%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 twelve months. 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 brokers have issued twelve-month target prices 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 8.8% 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 at the beginning of the year. Since then, FHN shares have increased by 4.9% and is now trading at $14.85. View the best growth stocks for 2024 here. Are investors shorting First Horizon? First Horizon saw a decrease in short interest in March. As of March 31st, there was short interest totaling 8,870,000 shares, a decrease of 23.9% from the March 15th total of 11,650,000 shares. Based on an average daily trading volume, of 7,200,000 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.6% of the shares of the company 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) issued its earnings results on Wednesday, April, 17th. The financial services provider reported $0.35 EPS for the quarter, beating the consensus estimate of $0.34 by $0.01. The financial services provider earned $819 million during the quarter, compared to analyst estimates 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 for the quarter was down 4.7% compared to the same quarter last year. During the same period last year, the firm posted $0.46 EPS. How often does First Horizon pay dividends? What is the dividend yield for First Horizon? First Horizon announced a quarterly dividend on Tuesday, April 23rd. Shareholders of record on Friday, June 14th will be given a dividend of $0.15 per share on Monday, July 1st. This represents a $0.60 dividend on an annualized basis and a yield of 4.04%. 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 4.02%. 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 36.81% 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), First Trust Nasdaq Bank ETF (FTXO), Direxion Daily Regional Banks Bull 3x Shares (DPST), iShares U.S. Regional Banks ETF (IAT), Invesco KBW Bank ETF (KBWB), SPDR S&P Bank ETF (KBE), First Trust Financial AlphaDEX Fund (FXO) and iShares Select Dividend ETF (DVY). How will First Horizon's stock buyback program work? First Horizon announced that its Board of Directors has approved a stock repurchase plan on Tuesday, January 23rd 2024, which allows the company to repurchase $650,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 7.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors 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). Who are First Horizon's major shareholders? First Horizon's stock is owned by many different institutional and retail investors. Top institutional investors include Leeward Investments LLC MA (0.40%), Los Angeles Capital Management LLC (0.14%), Raymond James & Associates (0.08%), Amalgamated Bank (0.07%), Hodges Capital Management Inc. (0.07%) and Duncan Williams Asset Management LLC (0.06%). 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 4/24/2024 by MarketBeat.com Staff From Our PartnersThis Apple-like Innovator is Revolutionizing HealthcareWall Street Startop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressThe #1 Crypto for 2024InvestorPlaceDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingThe Greatest Bull Market in Crypto History…Weiss RatingsEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest Metals 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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