First Horizon Co. Forecasted to Earn Q1 2026 Earnings of $0.36 Per Share (NYSE:FHN)

First Horizon Co. (NYSE:FHN) – Analysts at Wedbush issued their Q1 2026 EPS estimates for 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 of $0.36 per share 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.

A number of other research firms have also recently commented on FHN. Robert W. Baird reissued a “neutral” rating and set a $16.00 target price on shares of First Horizon in a research note on Tuesday, August 6th. Raymond James cut shares of First Horizon from a “strong-buy” rating to an “outperform” rating and set a $18.00 target price for the company. in a research note on Thursday, July 18th. Jefferies Financial Group upped their price objective on shares of First Horizon from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday, July 3rd. Barclays upped their price objective on shares of First Horizon from $18.00 to $19.00 and gave the company an “overweight” rating in a research note on Monday, June 24th. Finally, Evercore ISI dropped their price objective on shares of First Horizon from $19.50 to $18.50 and set an “outperform” rating for the company in a research note on Tuesday, September 17th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, First Horizon presently has an average rating of “Moderate Buy” and a consensus price target of $17.38.

First Horizon Trading Up 0.8 %

Shares of First Horizon stock opened at $15.51 on Friday. The firm has a 50-day simple moving average of $15.84 and a two-hundred day simple moving average of $15.47. The company has a market cap of $8.48 billion, a P/E ratio of 10.85, a price-to-earnings-growth ratio of 3.17 and a beta of 0.88. First Horizon has a fifty-two week low of $10.08 and a fifty-two week high of $17.46. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.95 and a current ratio of 0.95.

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

Institutional Investors Weigh In On First Horizon

Institutional investors have recently bought and sold shares of the stock. Rise Advisors LLC bought a new position in First Horizon in the 1st quarter valued at about $25,000. Raleigh Capital Management Inc. acquired a new stake in First Horizon during the fourth quarter worth $28,000. Fidelis Capital Partners LLC acquired a new stake in shares of First Horizon in the 1st quarter valued at $28,000. Family Firm Inc. bought a new position in shares of First Horizon in the second quarter valued at about $28,000. Finally, Nemes Rush Group LLC raised its holdings in First Horizon by 306.2% during the 2nd quarter. Nemes Rush Group LLC now owns 1,828 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 1,378 shares during the last quarter. 80.28% of the stock is currently owned by hedge funds and other institutional investors.

First Horizon Dividend Announcement

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

About First Horizon

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.