First Horizon Corporation (FHN) concluded trading on Wednesday at a closing price of $20.99, with 6.95 million shares of worth about $145.84 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 27.52% during that period and on January 22, 2025 the price saw a loss of about -1.96%. Currently the company’s common shares owned by public are about 524.00M shares, out of which, 517.32M shares are available for trading.
Stock saw a price change of 0.77% in past 5 days and over the past one month there was a price change of 9.84%. Year-to-date (YTD), FHN shares are showing a performance of 4.22% which increased to 49.08% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.45 but also hit the highest price of $21.82 during that period. The average intraday trading volume for First Horizon Corporation shares is 6.13 million. The stock is currently trading 2.11% above its 20-day simple moving average (SMA20), while that difference is up 2.83% for SMA50 and it goes to 24.04% higher than SMA200.
First Horizon Corporation (NYSE: FHN) currently have 524.00M outstanding shares and institutions hold larger chunk of about 82.12% of that.
The stock has a current market capitalization of $11.00B and its 3Y-monthly beta is at 0.94. PE ratio of stock for trailing 12 months is 15.52, while it has posted earnings per share of $1.35 in the same period. Its PEG reads 1.85 while making debt-to-equity ratio of 0.52. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FHN, volatility over the week remained 2.93% while standing at 2.58% over the month.
Analysts are in expectations that First Horizon Corporation (FHN) stock would likely to be making an EPS of 0.39 in the current quarter, while forecast for next quarter EPS is 0.4 and it is 1.88 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.33 which is 0.42 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.35 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 7.23% while it is estimated to increase by 12.99% in next year. EPS is likely to grow at an annualized rate of 8.41% for next 5-years, compared to annual growth of -0.25% made by the stock over the past 5-years.
Coverage by Wedbush stated First Horizon Corporation (FHN) stock as a Neutral in their note to investors on September 24, 2024, suggesting a price target of $17 for the stock. On July 18, 2024, Raymond James Downgrade their recommendations, while on July 17, 2024, Keefe Bruyette Downgrade their ratings for the stock with a price target of $18. Stock get an Overweight rating from Stephens on May 23, 2024.
