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First Horizon Corporation (NYSE: FHN) closed the day trading at $19.23 down -3.07% from the previous closing price of $19.84. In other words, the price has decreased by -$3.07 from its previous closing price. On the day, 11.09 million shares were traded.
Ratios:
For a better understanding of FHN, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.17.
On September 24, 2024, Wedbush Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $20 to $17.
Raymond James Downgraded its Strong Buy to Outperform on July 18, 2024, while the target price for the stock was maintained at $18.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 20 ’25 when BARTON HARRY V JR bought 1,200 shares for $22.12 per share.
JORDAN D BRYAN sold 109,980 shares of FHN for $2,323,651 on Jan 22 ’25. The Chairman, President & CEO now owns 1,861,381 shares after completing the transaction at $21.13 per share. On Jan 22 ’25, another insider, JORDAN D BRYAN, who serves as the Officer of the company, bought 109,980 shares for $21.13 each.
Valuation Measures:
As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.18, and their Forward P/E ratio for the next fiscal year is 10.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 1.20.
Stock Price History:
Over the past 52 weeks, FHN has reached a high of $22.44, while it has fallen to a 52-week low of $13.72. The 50-Day Moving Average of the stock is -8.70%, while the 200-Day Moving Average is calculated to be 7.61%.
Shares Statistics:
A total of 524.28M shares are outstanding, with a floating share count of 514.75M. Insiders hold about 1.35% of the company’s shares, while institutions hold 85.30% stake in the company.
