With 9.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.89 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $16.285 whereas the lowest price it dropped to was $15.945. The 52-week range on FHN shows that it touched its highest point at $17.46 and its lowest point at $10.08 during that stretch. It currently has a 1-year price target of $18.31. With its current market cap of 8.66 billion, FHN has annualized dividend of $0.60 while the current yield stands at 3.71%. Beta for the stock currently stands at 0.91.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FHN was up-trending over the past week, with a rise of 4.26%, but this was up by 2.21% over a month. Three-month performance surged to 10.61% while six-month performance rose 6.18%. The stock gained 43.64% in the past year, while it has gained 14.12% so far this year. A look at the trailing 12-month EPS for FHN yields 1.21 with Next year EPS estimates of 1.58. For the next quarter, that number is 0.37. This implies an EPS growth rate of -7.49% for this year and 10.82% for next year. EPS is expected to grow by 3.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.32%.
Float and Shares Shorts:
At present, 558.84 million FHN shares are outstanding with a float of 528.64 million shares on hand for trading. On 2024-08-30, short shares totaled 6.39 million, which was 119.00000000000001 higher than short shares on 1722384000. In addition to Mr. D. Bryan Jordan as the firm’s Chairman, President & CEO, Ms. Hope Dmuchowski serves as its Senior EVP & CFO.
Institutional Ownership:
Through their ownership of 0.83381 of FHN’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FHN since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
