First Horizon (FHN) Projected to Post Earnings on Wednesday

by · The Cerbat Gem

First Horizon (NYSE:FHN – Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Wednesday, July 16th. Analysts expect First Horizon to post earnings of $0.41 per share and revenue of $832.95 million for the quarter.

First Horizon (NYSE:FHN – Get Free Report) last announced its earnings results on Wednesday, April 16th. The financial services provider reported $0.42 EPS for the quarter, beating the consensus estimate of $0.40 by $0.02. The business had revenue of $823.69 million for the quarter, compared to the consensus estimate of $825.11 million. First Horizon had a return on equity of 10.33% and a net margin of 16.13%. During the same period last year, the business posted $0.35 EPS. On average, analysts expect First Horizon to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Horizon Stock Performance

Shares of NYSE:FHN opened at $21.97 on Tuesday. The company has a market cap of $11.14 billion, a P/E ratio of 15.26, a PEG ratio of 1.11 and a beta of 0.61. First Horizon has a one year low of $14.34 and a one year high of $22.44. The business’s 50-day simple moving average is $20.27 and its 200 day simple moving average is $19.93. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.95 and a current ratio of 0.96.

First Horizon Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Friday, June 13th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend was Friday, June 13th. First Horizon’s dividend payout ratio is presently 41.67%.

Hedge Funds Weigh In On First Horizon

An institutional investor recently raised its position in First Horizon stock. Geneos Wealth Management Inc. lifted its holdings in First Horizon Corporation (NYSE:FHN – Free Report) by 156.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,794 shares of the financial services provider’s stock after buying an additional 1,095 shares during the quarter. Geneos Wealth Management Inc.’s holdings in First Horizon were worth $35,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 80.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on FHN. Wells Fargo & Company upped their price target on First Horizon from $20.00 to $23.00 and gave the stock an “equal weight” rating in a report on Thursday, July 10th. Wall Street Zen cut First Horizon from a “hold” rating to a “sell” rating in a report on Sunday, June 22nd. Raymond James Financial restated an “outperform” rating and issued a $24.00 price target (up previously from $20.00) on shares of First Horizon in a report on Tuesday, July 8th. Barclays increased their price target on First Horizon from $23.00 to $26.00 and gave the company an “overweight” rating in a report on Tuesday, July 8th. Finally, Baird R W raised First Horizon from a “hold” rating to a “strong-buy” rating in a report on Monday, April 7th. One analyst has rated the stock with a sell rating, six have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.09.

Check Out Our Latest Analysis on FHN

First Horizon Company Profile

(Get Free Report)

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments.

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