Market Inference Overview -- FHN Stock

By Tamara Parker • Wednesday, November 19 15:27 • Permanent Link

First Horizon logged a 2.6% change during today's afternoon session, and is now trading at a price of $21.3 per share. The S&P 500 index moved 0.0%. FHN's trading volume is 5,657,457 compared to the stock's average volume of 12,505,610.

First Horizon trades -13.4% away from its average analyst target price of $24.6 per share. The 18 analysts following the stock have set target prices ranging from $22.75 to $28.0, and on average have given First Horizon a rating of buy.

If you are considering an investment in FHN, you'll want to know the following:

First Horizon's current price is -4.3% below its Graham number of $22.26, which implies the stock has a margin of safety
First Horizon has moved 4.5% over the last year, and the S&P 500 logged a change of 11.8%
Based on its trailing earnings per share of 1.66, First Horizon has a trailing 12 month Price to Earnings (P/E) ratio of 12.8 while the S&P 500 average is 29.3
FHN has a forward P/E ratio of 13.6 based on its forward 12 month price to earnings (EPS) of $1.57 per share
Its Price to Book (P/B) ratio is 1.24 compared to its sector average of 1.78
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services.
Based in Memphis, the company has 7,300 full time employees and a market cap of $10.82 Billion. First Horizon currently returns an annual dividend yield of 2.9%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.