First Horizon Corporation (NYSE:FHN) has a beta value of 0.67 and has seen 1.42 million shares traded in the recent trading session. The FHN stock price is -2.65% off its 52-week high price of $22.44 and 34.4% above the 52-week low of $14.34. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.85 million shares traded. The 3-month trading volume is 5.16 million shares.

The consensus among analysts is that First Horizon Corporation (FHN) is Buy stock at the moment, with a recommendation rating of 1.89. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 12 have rated it as a Hold, with 11 advising it as a Buy. 0 have rated the stock as Underweight.

First Horizon Corporation (NYSE:FHN) trade information

Over the past 30 days, the shares of First Horizon Corporation (NYSE:FHN) have changed 9.52%. Short interest in the company has seen 14.73 million shares shorted with days to cover at 3.16.

Wall Street analysts have a consensus price target for the stock at $20, which means that the shares’ value could drop -9.3% from the levels at last check today.. The projected low price target is $16.0 while the price target rests at a high of $21.0. In that case, then, we find that the latest price level in today’s session is 3.93% off the targeted high while a plunge would see the stock lose 26.81% from the levels at last check today..

First Horizon Corporation (FHN) estimates and forecasts

The company’s shares have gained 5.86% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -0.31% over the past 5 years. Earnings growth for 2025 is a modest 10.43% while over the next 5 years, the company’s earnings are expected to increase by 9.81%.

FHN Dividends

First Horizon Corporation is expected to release its next earnings report on 2025-Apr-16 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.60 at a share yield of 2.74%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.72%.

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

Insiders own 0.91% of the company shares, while shares held by institutions stand at 86.84% with a share float percentage of 87.64%. Investors are also buoyed by the number of investors in a company, with First Horizon Corporation having a total of 703.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 61.9 million shares worth more than $976.21 million. As of 2024-06-30, BLACKROCK INC. held 11.3796% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 56.32 million shares as of 2024-06-30. The firm’s total holdings are worth over $888.2 million and represent 10.3537% of shares outstanding.