First Horizon (NYSE:FHN) Price Target Raised to $25.00

First Horizon (NYSE:FHN) had its target price increased by investment analysts at Keefe, Bruyette & Woods from $24.00 to $25.00 in a report released on Friday,Benzinga reports. The brokerage currently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 2.29% from the company’s current price.

FHN has been the topic of a number of other reports. Stephens upped their target price on First Horizon from $28.00 to $29.00 and gave the company an “overweight” rating in a research report on Friday. Wall Street Zen upgraded shares of First Horizon from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Evercore ISI reaffirmed an “in-line” rating and issued a $20.00 price target (down from $26.00) on shares of First Horizon in a report on Thursday, October 16th. Raymond James Financial increased their price objective on shares of First Horizon from $23.00 to $27.00 and gave the company an “outperform” rating in a research note on Wednesday, January 7th. Finally, Barclays reissued an “overweight” rating on shares of First Horizon in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $26.32.

First Horizon Stock Performance

NYSE:FHN opened at $24.44 on Friday. The firm has a 50-day moving average of $23.17 and a two-hundred day moving average of $22.42. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.96 and a quick ratio of 0.95. The stock has a market cap of $12.03 billion, a P/E ratio of 14.81, a PEG ratio of 0.85 and a beta of 0.61. First Horizon has a 1-year low of $15.19 and a 1-year high of $24.91.

First Horizon (NYSE:FHN) last released its quarterly earnings results on Thursday, January 15th. The financial services provider reported $0.52 EPS for the quarter, topping the consensus estimate of $0.46 by $0.06. The business had revenue of $892.00 million for the quarter, compared to analysts’ expectations of $863.87 million. First Horizon had a return on equity of 10.93% and a net margin of 18.08%.During the same quarter in the previous year, the firm posted $0.43 earnings per share. On average, research analysts expect that First Horizon will post 1.67 earnings per share for the current fiscal year.

First Horizon declared that its board has initiated a share buyback program on Monday, October 27th that allows the company to repurchase $1.20 billion in outstanding shares. This repurchase authorization allows the financial services provider to repurchase up to 11.3% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Insider Transactions at First Horizon

In related news, EVP David T. Popwell sold 155,149 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $21.31, for a total transaction of $3,306,225.19. Following the completion of the sale, the executive vice president owned 307,432 shares of the company’s stock, valued at $6,551,375.92. This represents a 33.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Jeff L. Fleming sold 7,619 shares of the stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $21.74, for a total transaction of $165,637.06. Following the sale, the chief accounting officer owned 128,626 shares in the company, valued at approximately $2,796,329.24. This trade represents a 5.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.87% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Atlantic Union Bankshares Corp acquired a new stake in First Horizon in the third quarter worth $25,000. Navigoe LLC acquired a new position in shares of First Horizon during the third quarter valued at $25,000. Root Financial Partners LLC bought a new position in shares of First Horizon during the third quarter worth about $31,000. Kestra Investment Management LLC increased its holdings in shares of First Horizon by 873.1% in the 2nd quarter. Kestra Investment Management LLC now owns 1,625 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 1,458 shares during the period. Finally, TD Waterhouse Canada Inc. increased its holdings in shares of First Horizon by 122.3% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,636 shares of the financial services provider’s stock worth $37,000 after acquiring an additional 900 shares during the period. Institutional investors and hedge funds own 80.28% of the company’s stock.

First Horizon News Roundup

Here are the key news stories impacting First Horizon this week:

• Positive Sentiment: Q4 beat — First Horizon reported $0.52 GAAP EPS vs. $0.46 consensus and revenue of $892M vs. ~$864M expected; Q4 net margin and ROE remained solid. Read More.
• Positive Sentiment: Full‑year strength — 2025 net income available to common shareholders rose ~29% to $956M (NIAC) and adjusted NIAC rose 15% to $968M, supporting a firmer earnings outlook and showing revenue/credit strength. Read More.
• Positive Sentiment: Loan and deposit momentum — Management emphasized loan growth and deposit discipline as drivers of outperformance, a mix investors like because it supports revenue and preserves margin while controlling funding costs. Read More.
• Positive Sentiment: Earnings call tone — The Q4 call highlighted strong profits and “manageable risks,” which reassures investors about credit and rate‑cycle exposure; management also provided slides/transcript for deeper review. Read More.
• Neutral Sentiment: Docs & detail available — Full earnings presentation and call transcript are posted (useful for modeling and conference‑call follow up). Read More. • Read More.
• Neutral Sentiment: Analyst reads — Coverage pieces (Zacks, TipRanks summaries) dig into key metrics and what to watch (credit trends, NIM, loan mix); these shape medium‑term estimates but contain no major surprises so far. Read More.

About First Horizon

First Horizon Corporation, headquartered in Memphis, Tennessee, is a diversified financial services company providing an array of retail, commercial and wealth management solutions. As the largest bank-based financial services firm in Tennessee, First Horizon operates through a network of branches and digital platforms across the Southeastern United States, offering personal and business banking, mortgage origination and servicing, payment solutions and treasury management services.

Tracing its origins to the First National Bank of Memphis established in 1864, First Horizon has grown through strategic acquisitions and organic expansion to serve customers in Tennessee, Texas, North Carolina, South Carolina, Georgia and Florida.