First Horizon Corporation (FHN) concluded trading on Wednesday at a closing price of $22.15, with 4.88 million shares of worth about $108.18 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 47.37% during that period and on February 12, 2025 the price saw a loss of about -1.25%. Currently the company’s common shares owned by public are about 524.00M shares, out of which, 517.22M shares are available for trading.
Stock saw a price change of 0.50% in past 5 days and over the past one month there was a price change of 9.22%. Year-to-date (YTD), FHN shares are showing a performance of 9.98% which increased to 61.21% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $13.57 but also hit the highest price of $22.44 during that period. The average intraday trading volume for First Horizon Corporation shares is 5.85 million. The stock is currently trading 2.28% above its 20-day simple moving average (SMA20), while that difference is up 6.27% for SMA50 and it goes to 26.86% higher than SMA200.
First Horizon Corporation (NYSE: FHN) currently have 524.00M outstanding shares and institutions hold larger chunk of about 83.84% of that.
The stock has a current market capitalization of $11.61B and its 3Y-monthly beta is at 0.88. PE ratio of stock for trailing 12 months is 16.38, while it has posted earnings per share of $1.35 in the same period. Its PEG reads 1.64 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 1.97% while standing at 2.42% over the month.
Stock’s fiscal year EPS is expected to rise by 9.08% while it is estimated to increase by 12.46% in next year. EPS is likely to grow at an annualized rate of 9.96% 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.
