Stocks of First Horizon Corporation (NYSE:FHN) traded higher last session on Wall Street, up 19.94% to $19.51.
FHN stock price is now 0.19 away from the 50-day moving average and Jul 16 BMO away from the 200-day moving average. The market capitalization of the company currently stands at $10.11B.
With the price target of $25, Jefferies recently initiated with Buy rating for First Horizon Corporation (NYSE: FHN). On May 13, 2025, Truist recently initiated its ‘Hold’ rating on the stock quoting a target price of $21, while ‘Robert W. Baird’ rates the stock as ‘Outperform’
In other news, BARTON HARRY V JR, Director bought 1,200 shares of the company’s stock on Feb 20 ’25. The stock was bought for $26,544 at an average price of $22.12. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 22 ’25, Chairman, President & CEO JORDAN D BRYAN sold 109,980 shares of the business’s stock. A total of $2,323,651 was realized by selling the stock at an average price of $21.13. This leaves the insider owning 1,861,381 shares of the company worth $36.32 million. A total of 1.38% of the company’s stock is owned by insiders.
During the past 12 months, First Horizon Corporation has had a low of $14.34 and a high of $22.44. According to the stock market information, the enterprise value for the company is $12238234624, which is based on a 13.91 price-to-earnings ratio, a 1.37 price-to-earnings-growth ratio, and a beta of -7.94%. The fifty day moving average price for FHN is $19.041 and a two-hundred day moving average price translates $19.0462 for the stock.
The latest earnings results from First Horizon Corporation (NYSE: FHN) was released for 2025-03-31. The net profit margin was 15.56% and return on equity was 9.09% for FHN.
