In Tuesday’s Wall Street session, First Horizon Corporation (NYSE:FHN) shares traded at $21.22, down -3.41% from the previous session.
FHN stock price is now 4.64% away from the 50-day moving average and 8.82% away from the 200-day moving average. The market capitalization of the company currently stands at $10.76B.
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 $39.5 million. A total of 1.30% 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 $12877348864, which is based on a 14.81 price-to-earnings ratio, a 1.51 price-to-earnings-growth ratio, and a beta of 0.67. The fifty day moving average price for FHN is $20.2208 and a two-hundred day moving average price translates $19.47 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. The company reported revenue of $1.01 billion for the quarter, compared to $1.07 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.5 percent. For the current quarter, analysts expect FHN to generate $833.68M in revenue.
