First Horizon (FHN) Expected to Post Quarterly Earnings on Thursday

First Horizon (NYSE:FHN – Get Free Report) is expected to be issuing its Q3 2026 results before the market opens on Thursday, October 15th. Analysts expect the company to announce earnings of $0.5240 per share and revenue of $889.15 million for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 15, 2026 at 9:30 AM ET.

First Horizon (NYSE:FHN – Get Free Report) last released its earnings results on Wednesday, July 15th. The financial services provider reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. The company had revenue of $887.00 million during the quarter, compared to the consensus estimate of $878.42 million. First Horizon had a return on equity of 12.06% and a net margin of 21.12%. During the same quarter in the previous year, the company posted $0.45 EPS. On average, analysts expect First Horizon to post $2.15 EPS for the current fiscal year and $2.35 EPS for the next fiscal year.

First Horizon Stock Down 1.1%

Shares of FHN opened at $22.80 on Wednesday. The firm has a market cap of $10.80 billion, a P/E ratio of 10.91, a P/E/G ratio of 0.99 and a beta of 0.61. The stock has a 50 day simple moving average of $24.32 and a two-hundred day simple moving average of $24.52. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.97 and a quick ratio of 0.96. First Horizon has a 1 year low of $19.80 and a 1 year high of $26.56.

First Horizon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Friday, September 11th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $0.68 annualized dividend and a dividend yield of 3.0%. First Horizon’s dividend payout ratio (DPR) is 32.54%.

Wall Street Analysts Forecast Growth

FHN has been the subject of a number of recent research reports. JPMorgan Chase & Co. lowered their price objective on shares of First Horizon from $28.50 to $27.00 and set a “neutral” rating for the company in a report on Thursday, July 16th. Hovde Group initiated coverage on shares of First Horizon in a research note on Thursday, September 17th. They issued a “market perform” rating and a $25.00 price objective for the company. Evercore reaffirmed a “hold” rating and set a $25.00 target price on shares of First Horizon in a report on Thursday, October 1st. Wells Fargo & Company reduced their target price on shares of First Horizon from $28.00 to $25.00 and set an “equal weight” rating on the stock in a report on Wednesday, September 30th. Finally, Raymond James Financial lifted their target price on shares of First Horizon from $26.00 to $28.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Nine investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $26.98.

View Our Latest Research Report on FHN

Insider Buying and Selling at First Horizon

In related news, EVP Elizabeth Ardoin sold 18,313 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $24.85, for a total transaction of $455,078.05. Following the completion of the sale, the executive vice president directly owned 340,368 shares in the company, valued at $8,458,144.80. This represents a 5.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.91% of the company’s stock.

First Horizon Company Profile

(Get Free Report)

First Horizon Corporation (NYSE:FHN) is a financial services company headquartered in Memphis, Tennessee. Through its banking subsidiary, First Horizon Bank, the company provides a range of financial products and services to consumers, businesses, and institutions.

Its main activities include consumer and commercial banking, lending, deposit accounts, treasury and cash-management services, mortgage banking, and investment and wealth-management services. First Horizon also offers capital-markets and investment-banking services through its specialized businesses, serving clients across various industries and market segments.

The company traces its roots to First Tennessee Bank, which was founded in Memphis in 1864.

Read More

Earnings History for First Horizon (NYSE:FHN)

Receive News & Ratings for First Horizon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Horizon and related companies with MarketBeat.com's FREE daily email newsletter.