First Horizon Corporation (NYSE:FHN) Short Interest Update

First Horizon Corporation (NYSE:FHN) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 9,071,624 shares, a decrease of 40.1% from the December 15th total of 15,155,429 shares. Based on an average daily volume of 5,240,291 shares, the short-interest ratio is presently 1.7 days. Currently, 1.9% of the shares of the stock are sold short. Currently, 1.9% of the shares of the stock are sold short. Based on an average daily volume of 5,240,291 shares, the short-interest ratio is presently 1.7 days.

Analyst Ratings Changes

A number of brokerages have commented on FHN. Royal Bank Of Canada reissued an “outperform” rating and set a $28.00 price objective on shares of First Horizon in a report on Monday, January 12th. Stephens increased their price target on shares of First Horizon from $28.00 to $29.00 and gave the company an “overweight” rating in a research note on Friday. Robert W. Baird restated a “neutral” rating and issued a $25.00 price objective on shares of First Horizon in a research report on Thursday, December 11th. DA Davidson increased their price objective on First Horizon from $25.00 to $27.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Keefe, Bruyette & Woods lifted their target price on First Horizon from $24.00 to $25.00 and gave the company a “market perform” rating in a research note on Friday. Nine investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, First Horizon has an average rating of “Hold” and a consensus target price of $26.58.

First Horizon Trading Down 1.4%

Shares of NYSE FHN traded down $0.34 during midday trading on Friday, reaching $24.10. 11,606,210 shares of the stock were exchanged, compared to its average volume of 5,195,240. First Horizon has a 12 month low of $15.19 and a 12 month high of $24.91. The company has a market capitalization of $11.87 billion, a price-to-earnings ratio of 12.82, a P/E/G ratio of 0.86 and a beta of 0.61. 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 business has a 50-day simple moving average of $23.22 and a two-hundred day simple moving average of $22.45.

First Horizon (NYSE:FHN) last issued its quarterly earnings data 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. First Horizon had a return on equity of 11.21% and a net margin of 19.67%.The business had revenue of $892.00 million for the quarter, compared to the consensus estimate of $863.87 million. During the same quarter last year, the business posted $0.43 EPS. As a group, equities research analysts expect that First Horizon will post 1.67 EPS for the current year.

First Horizon declared that its board has authorized a stock buyback plan on Monday, October 27th that authorizes the company to repurchase $1.20 billion in shares. This repurchase authorization authorizes the financial services provider to buy up to 11.3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

First Horizon Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Friday, December 12th were given a $0.15 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.60 annualized dividend and a dividend yield of 2.5%. First Horizon’s payout ratio is currently 31.91%.

First Horizon News Summary

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

• Positive Sentiment: Q4 earnings beat — FHN reported EPS of $0.528 vs. $0.46 expected and revenue of $892M vs. $863.9M; management cited Y/Y NII growth and higher non‑interest income as drivers. This quarter’s results and commentary support near‑term earnings momentum. Zacks: First Horizon Shares Gain as Q4 Earnings Beat
• Positive Sentiment: Analyst price‑target lifts — Multiple firms raised PTs after the print (TD Cowen to $27, DA Davidson to $27, Keefe Bruyette & Woods to $25), reflecting increased confidence in earnings and implying upside versus the current price. These revisions can support buying interest. Benzinga: Analyst PT Raises The Fly: DA Davidson PT Raise
• Positive Sentiment: Full‑year results and outlook — First Horizon reported FY‑2025 net income available to common shareholders up ~29% and adjusted NIAC growth, and management indicated loan growth and deposit discipline will sustain performance. Investors often view improving core profitability and credit trends favorably. PR Newswire: Full‑Year 2025 Results
• Neutral Sentiment: Earnings call / transcripts provide color — Call transcripts and analyst writeups highlight loan growth acceleration and manageable risks; these details will matter to investors modeling forward margins and credit. InsiderMonkey: Q4 Earnings Call Transcript
• Negative Sentiment: Market reaction and volume — Despite the beat and PT raises, the stock is trading lower on higher volume, suggesting some profit‑taking or that investors are already pricing in the upside; keep an eye on next‑day flows and whether buybacks/dividend commentary arrives to sustain the move. No external link

Insider Transactions at First Horizon

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

Hedge Funds Weigh In On First Horizon

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FHN. Exchange Traded Concepts LLC bought a new stake in shares of First Horizon in the fourth quarter valued at about $111,000. Clear Trail Advisors LLC acquired a new stake in First Horizon in the 4th quarter valued at approximately $507,000. Hilltop National Bank acquired a new stake in First Horizon in the 4th quarter valued at approximately $120,000. Sagespring Wealth Partners LLC bought a new stake in First Horizon in the 4th quarter valued at approximately $291,000. Finally, Park Avenue Securities LLC acquired a new position in First Horizon during the 4th quarter worth approximately $301,000. 80.28% of the stock is owned by institutional investors and hedge funds.

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.