First Horizon Corporation (NYSE:FHN) Receives $25.63 Average Target Price from Analysts

Posted by Scott Moore on Jan 10th, 2026

Shares of First Horizon Corporation (NYSE:FHN – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the twenty-one analysts that are presently covering the firm, Marketbeat reports. Eleven equities research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $25.9474.

Several analysts have commented on the stock. Evercore ISI reiterated an “in-line” rating and set a $20.00 target price (down previously from $26.00) on shares of First Horizon in a research report on Thursday, October 16th. The Goldman Sachs Group set a $27.00 price objective on First Horizon and gave the company a “neutral” rating in a report on Tuesday. Wells Fargo & Company cut their target price on First Horizon from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 16th. TD Cowen boosted their target price on First Horizon from $24.00 to $26.00 and gave the stock a “hold” rating in a research report on Wednesday. Finally, National Bankshares set a $28.00 price target on First Horizon in a research note on Tuesday, December 16th.

Get Our Latest Research Report on First Horizon

First Horizon Stock Down 1.2%

Shares of NYSE FHN opened at $24.46 on Wednesday. The firm has a market capitalization of $12.04 billion, a PE ratio of 14.82, a price-to-earnings-growth ratio of 0.88 and a beta of 0.61. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.15. First Horizon has a 1 year low of $15.19 and a 1 year high of $24.91. The firm’s 50-day moving average is $22.94 and its 200-day moving average is $22.33.

First Horizon (NYSE:FHN – Get Free Report) last posted its quarterly earnings results on Wednesday, October 15th. The financial services provider reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.06. First Horizon had a net margin of 18.08% and a return on equity of 10.93%. The business had revenue of $893.00 million during the quarter, compared to the consensus estimate of $848.08 million. During the same period in the previous year, the firm posted $0.42 earnings per share. First Horizon’s revenue for the quarter was up 7.4% compared to the same quarter last year. Equities analysts expect that First Horizon will post 1.67 EPS for the current year.

First Horizon Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Friday, December 12th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Friday, December 12th. First Horizon’s dividend payout ratio is presently 36.36%.

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

First Horizon News Roundup

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

Positive Sentiment: TD Cowen analyst sees upside for FHN, forecasting a rising stock price — analyst optimism can support demand and lift sentiment ahead of results. First Horizon (NYSE:FHN) Stock Price Expected to Rise, TD Cowen Analyst Says
Positive Sentiment: First Horizon made senior hires for its consumer distribution and ATM strategy (Ben Hopper) — a management move that could strengthen retail deposits, fee revenue and customer distribution execution. Ben Hopper Joins First Horizon Bank as Senior Vice President, Head of Consumer Distribution and ATM Strategy
Positive Sentiment: Company announced broader leadership changes (regional/market leadership) — leadership refreshes can be viewed positively if they improve execution and local franchise growth. First Horizon Announces New Leadership
Positive Sentiment: Wall Street and Zacks highlight FHN’s history of earnings beats and expect continued earnings growth in the upcoming report — recurring beats and upward surprises tend to lift short‑term stock performance. Will First Horizon (FHN) Beat Estimates Again in Its Next Earnings Report?
Neutral Sentiment: Zacks and other outlets are comparing FHN to peer Cullen/Frost (CFR) on valuation — comparisons help frame FHN as a value pick for regional bank investors but outcome depends on relative earnings and margin trends. FHN or CFR: Which Is the Better Value Stock Right Now?
Neutral Sentiment: Analyst roundups and regional bank coverage note FHN alongside peers (coverage can increase liquidity and interest but may have mixed near‑term impact). Analysts Offer Insights on Financial Companies: First Horizon (FHN) and Bank Of Hawaii (BOH)
Negative Sentiment: Macro risk — lower interest rates remain a two‑edged sword: while some dividend‑focused narratives favor banks in a lower‑rate setup, rate cuts can compress net interest margins and reduce loan spread income for regional banks like FHN. Investors should weigh this macro risk ahead of earnings. 3 Financial Sector Dividend Stocks Ready to Dominate in a Lower Rate Environment

Insiders Place Their Bets

In other news, EVP David T. Popwell sold 155,149 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $21.31, for a total value of $3,306,225.19. Following the completion of the transaction, 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 at this hyperlink. Also, CAO Jeff L. Fleming sold 7,619 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $21.74, for a total transaction of $165,637.06. Following the completion of the sale, the chief accounting officer owned 128,626 shares of the company’s stock, valued at approximately $2,796,329.24. This represents a 5.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.87% of the company’s stock.

Hedge Funds Weigh In On First Horizon

Institutional investors have recently modified their holdings of the business. Navigoe LLC bought a new stake in First Horizon during the 3rd quarter worth approximately $25,000. Atlantic Union Bankshares Corp acquired a new position in shares of First Horizon in the third quarter valued at approximately $25,000. Root Financial Partners LLC bought a new stake in shares of First Horizon during the third quarter worth $31,000. Kestra Investment Management LLC raised its holdings in shares of First Horizon by 873.1% during the second 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, Geneos Wealth Management Inc. lifted its position in First Horizon by 156.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,794 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 1,095 shares in the last quarter. Institutional investors own 80.28% of the company’s stock.

About First Horizon

(Get Free Report)

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.