Stock Price & Analysis

Sell FHN stock as it is currently oversold with negative momentum and faces headwinds from broader banking sector concerns.

FHN stock is predicted to reach $15.52 by 2025, driven by bearish technical indicators and analyst downgrades. The stock currently shows oversold conditions with an RSI of 19.04 and negative MACD, suggesting continued downward pressure. Bank of America's price target reduction to $23 and broader banking sector concerns further support this bearish outlook.

The S1 support level for FHN Stock is $17.83 ,The R1 resistant level for FHN Stock is $21.08.

As of the end of day on 2025-03-14, the price of FHN Stock was $19.01.

The target price for FHN Stock according to analyst rating is 24.00, with the highest price target at 25.00 and the lowest at 22.00. Analysts have a Moderate Buy rating on FHN Stock overall.

The market cap of FHN is $9.9B.

Analysis and Insights

Valuation Metrics:

• PE Ratio: FHN's price-to-earnings ratio ranges from 10.12 to 13.28, which is lower than the industry average, suggesting the stock may be undervalued compared to peers.
• EV/EBITDA: The enterprise value-to-EBITDA ratio is between 10.12 and 13.28, indicating moderate valuation without significant overpricing.
• Price-to-Book (P/B) Ratio: The stock trades at 0.96 to 1.26 times book value, signaling it is fairly valued relative to its balance sheet.
• Dividend Yield: The yield of 2.98% to 3.86% is attractive for income-focused investors.

Financial Performance:

• Revenue and Profitability: Total revenue has remained stable, though net income shows variability, with a dip in Q4, possibly due to margin pressures or one-time expenses.
• Gross Profit: Consistent gross profit suggests stable operational efficiency.

Analyst Sentiment:

• Price Targets: Analysts have raised targets, with a range of $21 to $25, indicating confidence in FHN's outlook.
• Ratings: While some maintain a "Hold" due to valuation, others rate it a "Buy" based on revenue growth and cost control.

Stock Performance:

• Recent Price: FHN closed at $17.61, below its 52-week high, reflecting broader banking sector concerns.
• Dividend Yield: Attractive yield makes it appealing for income investors.

Market Sentiment:

• Sector Concerns: Potential recession impacts on banking, though FHN's diversified model may mitigate risks.

Conclusion:

FHN appears fairly valued with attractive dividend yield and potential for growth, making it a consideration for value investors despite sector challenges.

First Horizon Corporation is a bank holding company, which provides diversified financial services primarily through its principal subsidiary, First Horizon Bank (the Bank). The Company operates through three segments: Regional Banking, Specialty Banking, and Corporate. The principal lines of business in the regional banking segment include commercial banking, business banking, consumer banking, private client, and wealth management. This segment also provides investment, wealth management, financial planning, trust and asset management services for consumer clients. The principal lines of business in the specialty banking segment include fixed income/capital markets, professional commercial real estate, mortgage warehouse lending, asset-based (secured) lending, franchise finance, equipment finance, energy finance, healthcare finance, and tax credit finance. This segment also delivers treasury management solutions, loan syndications, and international banking.

FHN stock is predicted to reach $35 by 2030, driven by economic recovery and sector growth. The stock is currently undervalued, with strong fundamentals supporting long-term appreciation.

FHN has a total of 7249 employees.