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First Horizon Corporation is a banks-regional business based in the US. First Horizon Corporation shares (FHN) are listed on the NYSE and all prices are listed in US Dollars. First Horizon Corporation employs 8,121 staff and has a trailing 12-month revenue of around USD$1.9 billion.
|Latest market close||USD$13.15|
|52-week range||USD$6.0162 - USD$16.4402|
|50-day moving average||USD$12.4756|
|200-day moving average||USD$10.4569|
|Wall St. target price||USD$14.25|
|Dividend yield||USD$0.6 (4.75%)|
|Earnings per share (TTM)||USD$1.896|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-14)||-15.00%|
|1 month (2020-12-21)||5.88%|
|3 months (2020-10-21)||21.31%|
|6 months (2020-07-21)||38.13%|
|1 year (2020-01-21)||-23.05%|
|2 years (2019-01-18)||-8.68%|
|3 years (2018-01-19)||20.16|
|5 years (2016-01-21)||7.61%|
Valuing First Horizon Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of First Horizon Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
First Horizon Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, First Horizon Corporation shares trade at around 7x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
First Horizon Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.67. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into First Horizon Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$1.9 billion|
|Operating margin TTM||27.59%|
|Gross profit TTM||USD$1.8 billion|
|Return on assets TTM||1.16%|
|Return on equity TTM||11.16%|
|Market capitalisation||USD$7 billion|
TTM: trailing 12 months
There are currently 12.7 million First Horizon Corporation shares held short by investors – that's known as First Horizon Corporation's "short interest". This figure is 40.9% down from 21.4 million last month.
There are a few different ways that this level of interest in shorting First Horizon Corporation shares can be evaluated.
First Horizon Corporation's "short interest ratio" (SIR) is the quantity of First Horizon Corporation shares currently shorted divided by the average quantity of First Horizon Corporation shares traded daily (recently around 4.4 million). First Horizon Corporation's SIR currently stands at 2.89. In other words for every 100,000 First Horizon Corporation shares traded daily on the market, roughly 2890 shares are currently held short.
However First Horizon Corporation's short interest can also be evaluated against the total number of First Horizon Corporation shares, or, against the total number of tradable First Horizon Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case First Horizon Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 First Horizon Corporation shares in existence, roughly 20 shares are currently held short) or 0.0263% of the tradable shares (for every 100,000 tradable First Horizon Corporation shares, roughly 26 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against First Horizon Corporation.
Find out more about how you can short First Horizon Corporation stock.
Dividend payout ratio: 56.07% of net profits
Recently First Horizon Corporation has paid out, on average, around 56.07% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.75% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), First Horizon Corporation shareholders could enjoy a 4.75% return on their shares, in the form of dividend payments. In First Horizon Corporation's case, that would currently equate to about $0.6 per share.
First Horizon Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
First Horizon Corporation's most recent dividend payout was on 4 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 10 December 2020 (the "ex-dividend date").
First Horizon Corporation's shares were split on 8 December 2010.
Over the last 12 months, First Horizon Corporation's shares have ranged in value from as little as $6.0162 up to $16.4402. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while First Horizon Corporation's is 1.5606. This would suggest that First Horizon Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through four segments: Regional Banking, Fixed Income, Corporate, and Non-Strategic. It offers general banking services for consumers, businesses, financial institutions, and governments. The company is also involved in the underwriting of bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; loan sales; derivative sales; and provision of advisory services. In addition, it offers brokerage services; correspondent banking services; transaction processing services comprising nationwide check clearing and remittance processing; trust, fiduciary, and agency services; credit card products; equipment finance; investment and financial advisory services; and wealth management services. Further, the company engages in mutual fund and retail insurance sales, as well as provides mortgage banking services. As of January 17, 2020, it operated approximately 270 branches under the First Horizon Bank brand in the Southeast United States; and 29 offices in 18 states across the United States under the FHN Financial brand. The company was formerly known as First Horizon National Corporation and changed its name to First Horizon Corporation in November 2020. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.
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