In recent trading session, First Horizon Corporation (NYSE:FHN) saw 3.47 million shares changing hands at last check today with its beta currently measuring 0.92. Company’s recent per share price level of $15.81 trading at $0.14 or 0.93% at last check today assigns it a market valuation of $8.78B. That most recent trading price of FHN’s stock is at a discount of -5.31% from its 52-week high price of $16.65 and is indicating a premium of 43.14% from its 52-week low price of $8.99. Taking a look at company’s average trading volume of 6.34 million if we extend that period to 3-months.

First Horizon Corporation (NYSE:FHN) trade information

Upright in the green today for gaining 0.93%, in the last five days FHN remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $15.81 price level, adding 0.75% to its value on the day. First Horizon Corporation’s shares saw a change of 11.69% in year-to-date performance and have moved 6.79% in past 5-day. First Horizon Corporation (NYSE:FHN) showed a performance of 7.37% in past 30-days.

First Horizon Corporation (FHN) estimates and forecasts

Statistics highlight that First Horizon Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company added 46.71% of value to its shares in past 6 months, showing an annual growth rate of 4.90% while that of industry is -10.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -3.60% from the last financial year’s standing.

11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 826.25M for the same. And 11 analysts are in estimates of company making revenue of 844.33M in the next quarter. Company posted 1.03B and 795.49M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -1.32% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -3.13% while estimates for its earnings growth in next 5 years are of 2.40%.

FHN Dividends

First Horizon Corporation is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.