First Horizon Corporation (FHN)
NYSE: FHN · IEX Real-Time Price · USD
16.42
+0.22 (1.36%)
At close: Jul 19, 2024, 4:00 PM
16.50
+0.08 (0.49%)
After-hours: Jul 20, 2024, 12:57 PM EDT
First Horizon Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for First Horizon stock have an average target of 17.31, with a low estimate of 14 and a high estimate of 19. The average target predicts an increase of 5.42% from the current stock price of 16.42.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for First Horizon stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 3 | 3 |
| Buy | 2 | 3 | 5 | 6 | 6 | 7 |
| Hold | 7 | 7 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 14 | 15 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $18 | Strong Buy → Buy | Downgrades | $18 | +9.62% | Jul 18, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $18 → $19 | Buy | Maintains | $18 → $19 | +15.71% | Jul 18, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +9.62% | Jul 3, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $19 → $18 | Buy | Maintains | $19 → $18 | +6.58% | Jun 25, 2024 |
| Barclays | Barclays | Buy Maintains $18 → $19 | Buy | Maintains | $18 → $19 | +15.71% | Jun 24, 2024 |
Financial Forecast
Revenue This Year
3.37B
from 3.21B
Increased by 5.21%
Revenue Next Year
3.50B
from 3.37B
Increased by 3.73%
EPS This Year
1.53
from 1.54
Decreased by -0.48%
EPS Next Year
1.68
from 1.53
Increased by 9.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.5B | 3.7B | 4.0B |
| Avg | 3.4B | 3.5B | 3.7B |
| Low | 3.2B | 3.3B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.2% | 9.4% | 13.1% |
| Avg | 5.2% | 3.7% | 6.3% |
| Low | 1.2% | -1.8% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.74 | 1.96 | 2.22 |
| Avg | 1.53 | 1.68 | 1.98 |
| Low | 1.37 | 1.54 | 1.78 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.0% | 27.7% | 31.8% |
| Avg | -0.5% | 9.7% | 17.8% |
| Low | -10.9% | 0.4% | 6.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.