First Horizon Corporation (NYSE: FHN) kicked off on Friday, down -0.40% from the previous trading day, before settling in for the closing price of $22.39. Over the past 52 weeks, FHN has traded in a range of $13.45-$22.39.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 19.09%. While this was happening, its average annual earnings per share was recorded 8.21%. With a float of $517.30 million, this company’s outstanding shares have now reached $524.00 million.
The extent of productivity of a business whose workforce counts for 7249 workers is very important to gauge. In terms of profitability, gross margin is 94.56%, operating margin of 18.37%, and the pretax margin is 21.14%.
First Horizon Corporation (FHN) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of First Horizon Corporation is 1.28%, while institutional ownership is 84.70%. The most recent insider transaction that took place on Jan 22 ’25, was worth 2,323,651. In this transaction Chairman, President & CEO of this company sold 109,980 shares at a rate of $21.13, taking the stock ownership to the 1,861,381 shares. Before that another transaction happened on Jan 22 ’25, when Company’s Officer proposed sale 109,980 for $21.13, making the entire transaction worth $2,323,651.
First Horizon Corporation (FHN) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.21% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.96% during the next five years compared to -0.25% drop over the previous five years of trading.
First Horizon Corporation (NYSE: FHN) Trading Performance Indicators
Take a look at First Horizon Corporation’s (FHN) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.29. Likewise, its price to free cash flow for the trailing twelve months is 7.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.35, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.88 in one year’s time.
Technical Analysis of First Horizon Corporation (FHN)
The latest stats from [First Horizon Corporation, FHN] show that its last 5-days average volume of 5.22 million was inferior to 5.93 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 95.54%. Additionally, its Average True Range was 0.54.
During the past 100 days, First Horizon Corporation’s (FHN) raw stochastic average was set at 98.29%, which indicates a significant increase from 92.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.56% in the past 14 days, which was lower than the 34.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.78, while its 200-day Moving Average is $17.35. Now, the first resistance to watch is $22.49. This is followed by the second major resistance level at $22.69. The third major resistance level sits at $22.94. If the price goes on to break the first support level at $22.04, it is likely to go to the next support level at $21.79. The third support level lies at $21.59 if the price breaches the second support level.
First Horizon Corporation (NYSE: FHN) Key Stats
The company with the Market Capitalisation of 11.69 billion has total of 530,138K Shares Outstanding. Its annual sales at the moment are 5,046 M in contrast with the sum of 775,000 K annual income. Company’s last quarter sales were recorded 1,170 M and last quarter income was 166,000 K.