First Horizon Corporation (NYSE:FHN) shares, rose in value, with the stock price down by -0.35% to the previous day’s close as strong demand from buyers drove the stock to $17.22.
Actively observing the price movement in the recent trading, the stock is buoying the session at $17.28, falling within a range of $17.14 and $17.435. The value of beta (5-year monthly) is 0.622 whereas the PE ratio is 12.70 over 12-month period. Referring to stock’s 52-week performance, its high was $22.44, and the low was $13.93. On the whole, FHN has fluctuated by -10.45% over the past month.
With the market capitalization of First Horizon Corporation currently standing at about $8.85 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-15. The company’s Forward Dividend Ratio is 0.60, with its dividend yield at 3.48%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.35B, with a low estimate of 823.82M and a high estimate of 843.1M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 833.53M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FHN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.29, with the price of FHN currently trading nearly -5.06% and -11.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.32, while the 7-day volatility ratio is showing 5.04% which for the 30-day chart, stands at 5.17%. Furthermore, First Horizon Corporation (FHN)’s beta value is 0.64, and its average true range (ATR) is 0.94.
A comparison of First Horizon Corporation (FHN) with its peers suggests the former has fared considerably weaker in the market. FHN showed an intraday change of -0.35% in today’s session so far, and over the past year, it grew by 23.80%%.
Data on historical trading for First Horizon Corporation (NYSE:FHN) indicates that the trading volumes over the past 10 days have averaged 8.71 and over the past 3 months, they’ve averaged 6.58 million. According to company’s latest data on outstanding shares, there are 524.28 million shares outstanding.
Nearly 1.33% of First Horizon Corporation’s shares belong to company insiders and institutional investors own 86.49% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 11.01 million shares as on 2025-03-31, resulting in a short ratio of 1.54. According to the data, the short interest in First Horizon Corporation (FHN) stood at 282.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 10.99 million. The stock has fallen by -14.50% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FHN stock heading into the next quarter.
