First Horizon Corporation (NYSE:FHN) Could Experience 18.34% Growth

In recent trading session, First Horizon Corporation (NYSE:FHN) saw 0.81 million shares changing hands at last check today with its beta currently measuring 0.63. Company’s recent per share price level of $17.65 trading at $0.26 or 1.47% at last check today assigns it a market valuation of $8.95B. That most recent trading price of FHN’s stock is at a discount of -27.14% from its 52-week high price of $22.44 and is indicating a premium of 20.17% from its 52-week low price of $14.09. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.56 million shares which gives us an average trading volume of 6.60 million if we extend that period to 3-months.

For First Horizon Corporation (FHN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.88. Splitting up the data highlights that, out of 12 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.41 in the current quarter.

First Horizon Corporation (NYSE:FHN) trade information

Upright in the green today for gaining 1.47%, in the last five days FHN remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $17.65 price level, adding 3.13% to its value on the day. First Horizon Corporation’s shares saw a change of -12.39% in year-to-date performance and have moved 2.11% in past 5-day. First Horizon Corporation (NYSE:FHN) showed a performance of -10.75% in past 30-days. Number of shares sold short was 11.01 million shares which calculate 1.54 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 20 to the stock, which implies a rise of 11.75% to its recent value today. Analysts have been projecting 16 as a low price target for the stock while placing it at a high target of 21. It follows that stock’s current price would jump 9.35% in reaching the projected high whereas dropping to the targeted low would mean a gain of 9.35% for stock’s current value.

First Horizon Corporation (FHN) estimates and forecasts

This year revenue growth is estimated to rise 1.63% from the last financial year’s standing.

9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 833.79M for the same. And 9 analysts are in estimates of company making revenue of 848.5M in the next quarter. Company posted 819M and 832M 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 -0.31% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 9.76% while estimates for its earnings growth in next 5 years are of 10.62%.

FHN Dividends

First Horizon Corporation is more likely to be releasing its next quarterly report on 2025-Apr-15 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. With an annual yield of 3.40%, the share has a forward dividend of 0.60 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.87%.

First Horizon Corporation (NYSE:FHN)’s Major holders

Insiders are in possession of 0.82% of company’s total shares while institution are holding 88.80 percent of that, with stock having share float percentage of 89.53%. Investors also watch the number of corporate investors in a company very closely, which is 88.80% institutions for First Horizon Corporation that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at FHN for having 61.9 million shares of worth $976.21 million. And as of 2024-06-30, it was holding 11.3796 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 56.32 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.3537 of outstanding shares, having a total worth of $888.2 million.

On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 17.12 shares of worth $302.0 million or 3.33% of the total outstanding shares. The later fund manager was in possession of 16.59 shares on Dec 31, 2024 , making its stake of worth around $292.65 million in the company or a holder of 3.23% of company’s stock.