First Horizon National Stock Today

FHN Stock  USD 17.19  0.14  0.81%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 6

 
High
 
Low
Low
First Horizon is selling at 17.19 as of the 4th of November 2024; that is 0.81% down since the beginning of the trading day. The stock's open price was 17.33. First Horizon has only a 6 % chance of going through financial distress over the next few years and had a good performance during the last 90 days. Note, on June 26, 2023, Representative Steve Cohen of US Congress acquired $15k to $50k worth of First Horizon National's common stock.
Business Domain
Banks
IPO Date
26th of March 1990
Category
Financial Services
Classification
Financials
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee. First Horizon operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. The company has 532 M outstanding shares of which 6.51 M shares are currently shorted by investors with about 0.93 days to cover. More on First Horizon National

Moving together with First Stock

  0.61BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.62DB Deutsche Bank AGPairCorr
  0.85KB KB Financial GroupPairCorr
  0.66NU Nu HoldingsPairCorr
  0.82PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

First Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanBryan Jordan
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NYSE Composite, SP Midcap 400, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.06770.0585
Fairly Up
Very volatile
Gross Profit Margin0.230.26
Fairly Down
Slightly volatile
Total Current Liabilities21.3 B20.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total54.7 B52.1 B
Sufficiently Up
Slightly volatile
Total Assets85.7 B81.7 B
Sufficiently Up
Slightly volatile
Total Current Assets4.5 B4.8 B
Notably Down
Slightly volatile
Debt Levels
First Horizon can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand First Horizon's financial leverage. It provides some insight into what part of First Horizon's total assets is financed by creditors.
Liquidity
First Horizon National has 4.04 B in debt with debt to equity (D/E) ratio of 10.05, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Note however, debt could still be an excellent tool for First to invest in growth at high rates of return.

Depreciation

94.55 Million
First Horizon National (FHN) is traded on New York Stock Exchange in USA. It is located in 165 Madison Avenue, Memphis, TN, United States, 38103 and employs 7,186 people. First Horizon is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 9.15 B. First Horizon National runs under Banks sector within Financials industry. The entity has 532 M outstanding shares of which 6.51 M shares are currently shorted by investors with about 0.93 days to cover. First Horizon National has about 6.86 B in cash with 1.25 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.78.
Check First Horizon Probability Of Bankruptcy
Ownership Allocation
First Horizon holds a total of 532 Million outstanding shares. The majority of First Horizon National outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Horizon National to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Horizon. Please pay attention to any change in the institutional holdings of First Horizon National as this could imply that something significant has changed or is about to change at the company. Please note that on June 26, 2023, Representative Steve Cohen of US Congress acquired $15k to $50k worth of First Horizon National's common stock.
Check First Ownership Details

First Stock Institutional Holders

InstituionRecorded OnShares
Azora Capital Lp2024-06-30
7.2 M
Norges Bank2024-06-30
6.6 M
Alyeska Investment Group, L.p.2024-06-30
6.4 M
Fmr Inc2024-06-30
M
D. E. Shaw & Co Lp2024-06-30
5.4 M
Aqr Capital Management Llc2024-06-30
M
Wellington Management Company Llp2024-06-30
4.9 M
Amvescap Plc.2024-06-30
4.7 M
Scout Investment Advisors Inc2024-06-30
4.4 M
Blackrock Inc2024-06-30
61.9 M
Vanguard Group Inc2024-06-30
56.3 M
View First Horizon Diagnostics

First Horizon Historical Income Statement

At this time, First Horizon's Total Revenue is very stable compared to the past year. As of the 4th of November 2024, Gross Profit is likely to grow to about 1.7 B, while Operating Income is likely to drop about 717 M. View More Fundamentals

First Stock Against Markets

First Horizon Corporate Directors

John ComptonIndependent DirectorProfile
Rajesh SubramaniamIndependent DirectorProfile
Colin ReedLead Independent DirectorProfile
Kenneth BurdickIndependent DirectorProfile
When determining whether First Horizon National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Horizon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Horizon National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Horizon National Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Horizon. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Horizon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.734
Dividend Share
0.6
Earnings Share
1.21
Revenue Per Share
5.607
Quarterly Revenue Growth
0.187
The market value of First Horizon National is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Horizon's value that differs from its market value or its book value, called intrinsic value, which is First Horizon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Horizon's market value can be influenced by many factors that don't directly affect First Horizon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Horizon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Horizon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.