First Horizon (NYSE: FHN) has recently received a number of price target changes and ratings updates:
- 4/7/2026 – First Horizon had its price target lowered by Barclays PLC from $30.00 to $29.00. They now have an “overweight” rating on the stock.
- 4/7/2026 – First Horizon was downgraded by UBS Group AG from “buy” to “neutral”. They now have a $25.00 price target on the stock, down from $29.00.
- 4/1/2026 – First Horizon had its price target lowered by JPMorgan Chase & Co. from $28.00 to $26.00. They now have a “neutral” rating on the stock.
- 3/30/2026 – First Horizon had its price target raised by Wells Fargo & Company from $23.00 to $25.00. They now have an “equal weight” rating on the stock.
- 3/20/2026 – First Horizon was downgraded by Zacks Research from “strong-buy” to “hold”.
- 3/17/2026 – First Horizon was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 3/2/2026 – First Horizon was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 2/24/2026 – First Horizon had its price target raised by Citigroup Inc. from $28.00 to $28.50. They now have a “buy” rating on the stock.
First Horizon Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th were paid a $0.17 dividend. The ex-dividend date was Friday, March 13th. This is a positive change from First Horizon’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a yield of 2.9%. First Horizon’s dividend payout ratio (DPR) is 36.17%.
Insider Transactions at First Horizon
In other First Horizon news, EVP Anthony J. Restel sold 5,719 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $24.35, for a total value of $139,257.65. Following the sale, the executive vice president directly owned 619,132 shares in the company, valued at approximately $15,075,864.20. This trade represents a 0.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.91% of the company’s stock.
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.
Further Reading
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