A new trading day began on Monday, with First Horizon Corporation (NYSE: FHN) stock price up 4.05% from the previous day of trading, before settling in for the closing price of $19.28. FHN’s price has ranged from $14.09 to $22.44 over the past 52 weeks.
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Annual sales at Financial sector company grew by 18.59% over the past five years. Meanwhile, its annual earnings per share averaged 9.59%. With a float of $499.95 million, this company’s outstanding shares have now reached $507.32 million.
Let’s look at the performance matrix of the company that is accounted for 7155 employees. In terms of profitability, gross margin is 93.36%, operating margin of 35.83%, and the pretax margin is 34.37%.
First Horizon Corporation (FHN) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of First Horizon Corporation is 1.43%, while institutional ownership is 86.63%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 9.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.44% during the next five years compared to -0.31% drop over the previous five years of trading.
First Horizon Corporation (NYSE: FHN) Trading Performance Indicators
Here are First Horizon Corporation’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.06. Likewise, its price to free cash flow for the trailing twelve months is 10.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.43, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.87 in one year’s time.
Technical Analysis of First Horizon Corporation (FHN)
First Horizon Corporation (NYSE: FHN) saw its 5-day average volume 3.59 million, a negative change from its year-to-date volume of 6.1 million. As of the previous 9 days, the stock’s Stochastic %D was 88.65%. Additionally, its Average True Range was 0.70.
During the past 100 days, First Horizon Corporation’s (FHN) raw stochastic average was set at 67.20%, which indicates a significant decrease from 85.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.39% in the past 14 days, which was lower than the 41.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.45, while its 200-day Moving Average is $18.50. Nevertheless, the first resistance level for the watch stands at $20.40 in the near term. At $20.75, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.94. If the price goes on to break the first support level at $19.86, it is likely to go to the next support level at $19.67. Assuming the price breaks the second support level, the third support level stands at $19.32.
First Horizon Corporation (NYSE: FHN) Key Stats
With a market capitalization of 10.18 billion, the company has a total of 507,233K Shares Outstanding. Currently, annual sales are 5,031 M while annual income is 775,000 K. The company’s previous quarter sales were 1,198 M while its latest quarter income was 218,000 K.
