Research Analysts Issue Forecasts for First Horizon Co.’s Q1 2026 Earnings (NYSE:FHN)

First Horizon Co. (NYSE:FHN) – Analysts at Wedbush issued their Q1 2026 earnings estimates for shares of First Horizon in a note issued to investors on Tuesday, September 24th. Wedbush analyst D. Chiaverini anticipates that the financial services provider will post earnings per share of $0.36 for the quarter. Wedbush currently has a “Neutral” rating and a $17.00 target price on the stock. The consensus estimate for First Horizon’s current full-year earnings is $1.46 per share. Wedbush also issued estimates for First Horizon’s Q2 2026 earnings at $0.37 EPS.

First Horizon (NYSE:FHN) last issued its quarterly earnings results on Wednesday, July 17th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.01). First Horizon had a net margin of 14.03% and a return on equity of 8.84%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $819.82 million. During the same quarter in the previous year, the firm posted $0.39 earnings per share.

Several other research analysts have also weighed in on FHN. Evercore ISI lowered their price objective on shares of First Horizon from $19.50 to $18.50 and set an “outperform” rating on the stock in a research note on Tuesday, September 17th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $18.00 price target on shares of First Horizon in a research report on Wednesday, July 17th. StockNews.com raised First Horizon from a “sell” rating to a “hold” rating in a research report on Saturday, July 20th. Jefferies Financial Group raised their price target on First Horizon from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, July 3rd. Finally, Raymond James downgraded shares of First Horizon from a “strong-buy” rating to an “outperform” rating and set a $18.00 price objective on the stock. in a report on Thursday, July 18th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $17.38.

First Horizon Trading Up 0.8 %

Shares of First Horizon stock opened at $15.51 on Friday. The stock has a market cap of $8.48 billion, a P/E ratio of 10.85, a P/E/G ratio of 3.17 and a beta of 0.88. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.14. First Horizon has a 12-month low of $10.08 and a 12-month high of $17.46. The business’s 50 day moving average is $15.84 and its 200-day moving average is $15.47.

Hedge Funds Weigh In On First Horizon

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC bought a new position in shares of First Horizon in the second quarter worth $312,000. Cetera Investment Advisers increased its holdings in First Horizon by 79.7% in the 2nd quarter. Cetera Investment Advisers now owns 105,574 shares of the financial services provider’s stock valued at $1,665,000 after buying an additional 46,812 shares during the period. Truist Financial Corp raised its position in shares of First Horizon by 48.9% in the 2nd quarter. Truist Financial Corp now owns 65,402 shares of the financial services provider’s stock valued at $1,031,000 after buying an additional 21,475 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of First Horizon by 57.7% during the 2nd quarter. NewEdge Advisors LLC now owns 349,372 shares of the financial services provider’s stock worth $5,510,000 after acquiring an additional 127,893 shares during the period. Finally, Creative Planning boosted its position in shares of First Horizon by 11.1% during the 2nd quarter. Creative Planning now owns 82,745 shares of the financial services provider’s stock worth $1,305,000 after acquiring an additional 8,263 shares in the last quarter. 80.28% of the stock is owned by institutional investors and hedge funds.

First Horizon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 3.87%. The ex-dividend date is Friday, September 13th. First Horizon’s dividend payout ratio (DPR) is currently 41.96%.

First Horizon Company Profile

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments.