First Horizon/FHN

$16.25

1.75%
-
1D1W1MYTD1YMAX

About First Horizon

First Horizon Corporation is a bank holding company, which provides diversified financial services primarily through its principal subsidiary, First Horizon Bank (the Bank). The Company operates through three segments: Regional Banking, Specialty Banking, and Corporate. The principal lines of business in the regional banking segment include commercial banking, business banking, consumer banking, private client, and wealth management. This segment also provides investment, wealth management, financial planning, trust and asset management services for consumer clients. The principal lines of business in the specialty banking segment include fixed income/capital markets, professional commercial real estate, mortgage warehouse lending, asset-based (secured) lending, franchise finance, equipment finance, energy finance, healthcare finance, and tax credit finance. This segment also delivers treasury management solutions, loan syndications, and international banking.

Ticker

FHN

Sector

Financials

Trading on

NYSE

Industry

Money Center Banks

CEO

David Jordan

Employees

7,249

Headquarters

Memphis, United States

First Horizon Metrics

BasicAdvanced
$8.8B
Market cap
11.13
P/E ratio
$1.44
EPS
0.93
Beta
$0.60
Dividend rate
3.75%
Dividend yield
$8.8B
0.93268
$16.15
$10.08
6.2M
$0.60
13.122
43.568
41.81%
1.05%
10.11%
11.13
2.556
1.051
1.217
4.878
3.51%
3.75%
3.75%
37.58%
-11.05%
29.27%
-6.67%

What the Analysts think about First Horizon

Analyst Ratings

Majority rating from 16 analysts.
Buy

Price Targets

Average projection from 14 analysts.
6.58% upside
High $18.50
Low $15.50
$16.25
Current price
$17.32
Average price target

First Horizon Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
15.15% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.3B
-0.08%
Net income
$192M
4.35%
Profit margin
15.15%
4.41%

First Horizon Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 3.86%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.39
$0.27
$0.32
$0.35
-
Expected
$0.41
$0.24
$0.30
$0.34
$0.37
Surprise
-3.81%
10.38%
6.79%
3.86%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for First Horizon stock?

First Horizon (FHN) has a market cap of $8.8B as of May 22, 2024.

What is the P/E ratio for First Horizon stock?

The price to earnings (P/E) ratio for First Horizon (FHN) stock is 11.13 as of May 22, 2024.

Does First Horizon stock pay dividends?

Yes, the First Horizon (FHN) stock pays dividends to shareholders. As of May 22, 2024, the dividend rate is $0.6 and the yield is 3.75%. First Horizon has a payout ratio of 41.81% on a trailing twelve-month basis.

When is the next First Horizon dividend payment date?

The next First Horizon (FHN) dividend payment is scheduled for July 01, 2024.

What is the beta indicator for First Horizon?

First Horizon (FHN) has a beta rating of 0.93. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the First Horizon stock price target?

The target price for First Horizon (FHN) stock is $17.32, which is 6.58% above the current price of $16.25. This is an average based on projections from 14 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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