First Horizon National Stock Today
| FHN Stock | USD 21.13 0.04 0.19% |
Performance13 of 100
| Odds Of DistressLess than 5
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First Horizon is selling at 21.13 as of the 30th of November 2024; that is 0.19% increase since the beginning of the trading day. The stock's open price was 21.09. First Horizon has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Note, on November 12, 2024, Senator John Fetterman of US Senate acquired under $15k 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 530.14 M outstanding shares of which 10.16 M shares are currently shorted by investors with about 1.3 days to cover. More on First Horizon National
Moving together with First Stock
| 0.96 | AX | Axos Financial | PairCorr |
| 0.94 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.64 | KB | KB Financial Group | PairCorr |
| 0.97 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against First Stock
First Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | David Jordan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Macroaxis Picks (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NYSE Composite, SP Midcap 400, Macroaxis Picks, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsFirst 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.
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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 7,200 people. First Horizon is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 11.2 B. First Horizon National runs under Banks sector within Financials industry. The entity has 530.14 M outstanding shares of which 10.16 M shares are currently shorted by investors with about 1.3 days to cover.
First Horizon National has about 6.86 B in cash with 1.3 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 AllocationFirst Horizon holds a total of 530.14 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 November 12, 2024, Senator John Fetterman of US Senate acquired under $15k worth of First Horizon National's common stock.
Check First Ownership Details
First Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Norges Bank | 2024-06-30 | 6.6 M | |
| Azora Capital Lp | 2024-09-30 | 5.6 M | |
| Fmr Inc | 2024-09-30 | 5.6 M | |
| Aqr Capital Management Llc | 2024-06-30 | 5 M | |
| Oz Management Llc | 2024-09-30 | 5 M | |
| Citadel Advisors Llc | 2024-09-30 | 5 M | |
| Wellington Management Company Llp | 2024-06-30 | 4.9 M | |
| Amvescap Plc. | 2024-06-30 | 4.7 M | |
| Scout Investment Advisors Inc | 2024-06-30 | 4.4 M | |
| Blackrock Inc | 2024-06-30 | 61.9 M | |
| Vanguard Group Inc | 2024-09-30 | 55.1 M |
First Horizon Historical Income Statement
First Stock Against Markets
First Horizon Corporate Directors
| John Compton | Independent Director | Profile | |
| Colin Reed | Lead Independent Director | Profile | |
| Luke Yancy | Independent Director | Profile | |
| Cecelia Stewart | Director of the Corporation and the Bank | Profile |
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 CEOs Directory module to screen CEOs from public companies around the world.
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 1.37 | Revenue Per Share 5.604 | Quarterly Revenue Growth 0.186 |
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.