With 9.95 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.3 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $21.615 whereas the lowest price it dropped to was $20.38. The 52-week range on FHN shows that it touched its highest point at $21.72 and its lowest point at $12.95 during that stretch. It currently has a 1-year price target of $22.53. With its current market cap of 11.34 billion, FHN has annualized dividend of $0.60 while the current yield stands at 2.82%. FHN paid its most recent dividend on 1734048000, while the ex-dividend date for that was 1734048000. Beta for the stock currently stands at 0.93.
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 3.20%, but this was up by 5.55% over a month. Three-month performance surged to 27.53% while six-month performance rose 29.62%. The stock gained 60.47% in the past year, while it has gained 5.81% so far this year. A look at the trailing 12-month EPS for FHN yields 1.35 with Next year EPS estimates of 1.87. For the next quarter, that number is 0.38. This implies an EPS growth rate of 6.37% for this year and 13.44% for next year. EPS is expected to grow by 7.68% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.25%.
Float and Shares Shorts:
At present, 524.00 million FHN shares are outstanding with a float of 523.38 million shares on hand for trading. On 2024-12-31, short shares totaled 11.71 million, which was 221.0 higher than short shares on 1732838400. 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 0.82628995 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 12 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FHN analysts setting a high price target of 25.0 and a low target of 18.0, the average target price over the next 12 months is 22.46667. Based on these targets, FHN could surge 17.32% to reach the target high and fall by -15.53% to reach the target low. Reaching the average price target will result in a growth of 5.43% from current levels.
Analysts have provided yearly estimates in a range of $1.52919 being high and $1.43865 being low. For FHN, this leads to a yearly average estimate of $1.50907. Based on analyst estimates, the high estimate for the next quarter is $0.43 and the low estimate is $0.38. The average estimate for the next quarter is thus $0.41.
