First Horizon (FHN) Projected to Post Earnings on Wednesday

First Horizon (NYSE:FHN) is projected to post its Q1 2026 results before the market opens on Wednesday, April 15th. Analysts expect First Horizon to post earnings of $0.4945 per share and revenue of $869.4880 million for the quarter. Individuals can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Wednesday, April 15, 2026 at 9:30 AM ET.

First Horizon (NYSE:FHN) last announced its quarterly earnings results on Thursday, January 15th. The financial services provider reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The company had revenue of $892.00 million during the quarter, compared to analysts’ expectations of $863.87 million. First Horizon had a return on equity of 11.21% and a net margin of 19.67%.During the same period in the prior year, the business posted $0.43 EPS. On average, analysts expect First Horizon to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Horizon Stock Performance

Shares of FHN stock opened at $23.17 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.96 and a quick ratio of 0.95. The stock has a market cap of $11.06 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 0.88 and a beta of 0.62. The stock has a 50-day moving average of $23.70 and a 200-day moving average of $23.09. First Horizon has a one year low of $15.86 and a one year high of $26.56.

First Horizon Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th were paid a $0.17 dividend. This is a boost from First Horizon’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.9%. First Horizon’s dividend payout ratio (DPR) is currently 36.17%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on FHN shares. Barclays lowered their target price on First Horizon from $30.00 to $29.00 and set an “overweight” rating for the company in a research note on Tuesday. Robert W. Baird cut First Horizon from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th. National Bank Financial set a $27.00 target price on First Horizon in a research note on Friday, January 16th. Keefe, Bruyette & Woods increased their target price on First Horizon from $24.00 to $25.00 and gave the stock a “market perform” rating in a research note on Friday, January 16th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $28.00 target price on shares of First Horizon in a research note on Monday, January 12th. Eight equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, First Horizon currently has an average rating of “Hold” and a consensus target price of $26.45.

Insider Transactions at First Horizon

In related news, EVP Anthony J. Restel sold 5,719 shares of the stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $24.35, for a total transaction of $139,257.65. Following the completion of the sale, the executive vice president directly owned 619,132 shares of the company’s stock, valued at approximately $15,075,864.20. This represents a 0.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.91% of the company’s stock.

Hedge Funds Weigh In On First Horizon

Several hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. grew its position in First Horizon by 102.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,709,434 shares of the financial services provider’s stock valued at $33,197,000 after purchasing an additional 865,109 shares in the last quarter. Geneos Wealth Management Inc. grew its position in First Horizon by 156.7% in the first quarter. Geneos Wealth Management Inc. now owns 1,794 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 1,095 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in First Horizon by 88.1% in the second quarter. EverSource Wealth Advisors LLC now owns 8,189 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 3,835 shares in the last quarter. Federated Hermes Inc. grew its position in First Horizon by 9.1% in the second quarter. Federated Hermes Inc. now owns 54,125 shares of the financial services provider’s stock valued at $1,147,000 after purchasing an additional 4,507 shares in the last quarter. Finally, Cerity Partners LLC grew its position in First Horizon by 20.8% in the second quarter. Cerity Partners LLC now owns 152,878 shares of the financial services provider’s stock valued at $3,241,000 after purchasing an additional 26,323 shares in the last quarter. 80.28% of the stock is owned by institutional investors.

About First Horizon

First Horizon Corporation, headquartered in Memphis, Tennessee, is a diversified financial services company providing an array of retail, commercial and wealth management solutions. As the largest bank-based financial services firm in Tennessee, First Horizon operates through a network of branches and digital platforms across the Southeastern United States, offering personal and business banking, mortgage origination and servicing, payment solutions and treasury management services.

Tracing its origins to the First National Bank of Memphis established in 1864, First Horizon has grown through strategic acquisitions and organic expansion to serve customers in Tennessee, Texas, North Carolina, South Carolina, Georgia and Florida.