A major move is in the offing as First Horizon Corporation (FHN) market cap hits 10.91 billion

On Friday, First Horizon Corporation (NYSE: FHN) was -3.30% drop from the session before settling in for the closing price of $21.54. A 52-week range for FHN has been $13.72 – $22.44.

During the last 5-year period, the sales growth of Financial Sector giant was 19.09%. When this article was written, the company’s average yearly earnings per share was at 9.08%. With a float of $516.95 million, this company’s outstanding shares have now reached $524.00 million.

Let’s determine the extent of company efficiency that accounts for 7249 employees. 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 Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward First Horizon Corporation stocks. The insider ownership of First Horizon Corporation is 1.39%, while institutional ownership is 84.88%. The most recent insider transaction that took place on Feb 20 ’25, was worth 26,544. Before that another transaction happened on Jan 22 ’25, when Company’s Chairman, President & CEO sold 109,980 for $21.13, making the entire transaction worth $2,323,651. This insider now owns 1,861,381 shares in total.

First Horizon Corporation (FHN) Earnings and Forecasts

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 9.08% 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

You can see what First Horizon Corporation (FHN) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.14. Likewise, its price to free cash flow for the trailing twelve months is 7.20.

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 1.90 in one year’s time.

Technical Analysis of First Horizon Corporation (FHN)

Looking closely at First Horizon Corporation (NYSE: FHN), its last 5-days average volume was 4.56 million, which is a drop from its year-to-date volume of 5.63 million. As of the previous 9 days, the stock’s Stochastic %D was 22.70%. Additionally, its Average True Range was 0.54.

During the past 100 days, First Horizon Corporation’s (FHN) raw stochastic average was set at 78.86%, which indicates a significant increase from 1.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.79% in the past 14 days, which was lower than the 34.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.97, while its 200-day Moving Average is $17.66. However, in the short run, First Horizon Corporation’s stock first resistance to watch stands at $21.45. Second resistance stands at $22.06. The third major resistance level sits at $22.39. If the price goes on to break the first support level at $20.51, it is likely to go to the next support level at $20.18. Should the price break the second support level, the third support level stands at $19.57.

First Horizon Corporation (NYSE: FHN) Key Stats

There are 530,138K outstanding shares of the company, which has a market capitalization of 10.91 billion. As of now, sales total 5,046 M while income totals 775,000 K. Its latest quarter income was 1,170 M while its last quarter net income were 166,000 K.