Currently, there are 524.28M common shares owned by the public and among those 514.75M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -3.19% and -5.12% over the past three months. FHN shares are trading -0.65% year to date (YTD), with the 12-month market performance up to 41.91% higher. It has a 12-month low price of $13.72 and touched a high of $22.44 over the same period. FHN has an average intraday trading volume of 5.86 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -7.29%, -4.94%, and 12.20% respectively.
Institutional ownership of First Horizon Corporation (NYSE: FHN) shares accounts for 85.22% of the company’s 524.28M shares outstanding.
It has a market capitalization of $10.44B and a beta (3y monthly) value of 0.59. The stock’s trailing 12-month PE ratio is 14.76, while the earnings-per-share (ttm) stands at $1.36. The company has a PEG of 1.45 and the debt-to-equity ratio at 0.56. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.64% over the week and 2.67% over the month.
Analysts forecast that First Horizon Corporation (FHN) will achieve an EPS of 0.4 for the current quarter, 0.41 for the next quarter and 1.91 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.37 while analysts give the company a high EPS estimate of 0.37. Comparatively, EPS for the current quarter was 0.35 a year ago. Earnings per share for the fiscal year are expected to increase by 9.65%, and 12.16% over the next financial year. EPS should grow at an annualized rate of 10.16% over the next five years, compared to -0.31% over the past 5-year period.
Wedbush coverage for the First Horizon Corporation (FHN) stock in a research note released on September 24, 2024 offered a Neutral rating with a price target of $17. Raymond James was of a view on July 18, 2024 that the stock is Outperform, while Keefe Bruyette gave the stock Mkt Perform rating on July 17, 2024, issuing a price target of $18. Stephens on their part issued Overweight rating on May 23, 2024.
