Stock Performance And Forecast For First Horizon Corporation

In the last trading session, 5.91 million First Horizon Corporation (NYSE:FHN) shares changed hands as the company’s beta touched 0.97. With the company’s per share price at $13.91 changed hands at -$0.12 or -0.86% during last session, the market valuation stood at $7.72B. FHN’s last price was a discount, traded about -36.52% off its 52-week high of $18.99. The share price had its 52-week low at $8.99, which suggests the last value was 35.37% up since then. When we look at First Horizon Corporation’s average trading volume, we note the 3-month average coming to 7.03 million.

First Horizon Corporation (NYSE:FHN) trade information

Instantly FHN was in red as seen at the end of in last trading. With action -7.45%, the performance over the past five days has been red. The drop to weekly highs of 14.86 subtracted -0.86% to the stock’s daily price. The company’s shares are showing year-to-date downside of -1.77%, with the 5-day performance at -7.45% in the red. However, in the 30-day time frame, First Horizon Corporation (NYSE:FHN) is -5.25% down.

First Horizon Corporation (FHN) estimates and forecasts

Data shows that the First Horizon Corporation share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 34.14% over the past 6 months, a 1.40% in annual growth rate that is considerably higher than the industry average of -8.50%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -1.32%. The 2024 estimates are for First Horizon Corporation earnings to decrease by -5.19%, but the outlook for the next 5-year period is at 2.40% per year.

FHN Dividends

First Horizon Corporation is expected to release its next quarterly earnings report on April 17. The 4.31% annual yield figure for the share gives it an annual dividend of 0.60. It is important to note, however, that the 4.31% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.