First Horizon Corporation (FHN)

First Horizon Statistics

Total Valuation

First Horizon has a market cap or net worth of $10.67 billion.

Market Cap	10.67B
Enterprise Value	n/a

Important Dates

The last earnings date was Wednesday, October 16, 2024, before market open.

Earnings Date	Oct 16, 2024
Ex-Dividend Date	Dec 13, 2024

Share Statistics

First Horizon has 530.14 million shares outstanding. The number of shares has decreased by -2.44% in one year.

Current Share Class	530.14M
Shares Outstanding	530.14M
Shares Change (YoY)	-2.44%
Shares Change (QoQ)	-1.67%
Owned by Insiders (%)	1.03%
Owned by Institutions (%)	84.80%
Float	524.25M

Valuation Ratios

The trailing PE ratio is 14.70 and the forward PE ratio is 13.18. First Horizon's PEG ratio is 1.76.

PE Ratio	14.70
Forward PE	13.18
PS Ratio	3.59
Forward PS	3.11
PB Ratio	1.25
P/TBV Ratio	1.54
P/FCF Ratio	7.62
P/OCF Ratio	7.40
PEG Ratio	1.76

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	3.07
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 8.98%.

Return on Equity (ROE)	8.98%
Return on Assets (ROA)	0.98%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$416,237
Profits Per Employee	$102,602
Employee Count	7,378
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, First Horizon has paid $160.00 million in taxes.

Income Tax	160.00M
Effective Tax Rate	16.44%

Stock Price Statistics

The stock price has increased by +78.30% in the last 52 weeks. The beta is 0.88, so First Horizon's price volatility has been lower than the market average.

Beta (5Y)	0.88
52-Week Price Change	+78.30%
50-Day Moving Average	16.66
200-Day Moving Average	15.57
Relative Strength Index (RSI)	73.05
Average Volume (20 Days)	7,199,138

Short Selling Information

The latest short interest is 7.11 million, so 1.34% of the outstanding shares have been sold short.

Short Interest	7.11M
Short Previous Month	5.95M
Short % of Shares Out	1.34%
Short % of Float	1.36%
Short Ratio (days to cover)	1.10

Income Statement

In the last 12 months, First Horizon had revenue of $3.07 billion and earned $757.00 million in profits. Earnings per share was $1.37.

Revenue	3.07B
Gross Profit	3.07B
Operating Income	1.21B
Pretax Income	866.00M
Net Income	757.00M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.37

Balance Sheet

The company has $5.31 billion in cash and $4.31 billion in debt, giving a net cash position of $1.00 billion or $1.89 per share.

Cash & Cash Equivalents	5.31B
Total Debt	4.31B
Net Cash	1.00B
Net Cash Per Share	$1.89
Equity (Book Value)	9.32B
Book Value Per Share	16.15
Working Capital	-64.36B

Cash Flow

In the last 12 months, operating cash flow was $1.44 billion and capital expenditures -$41.00 million, giving a free cash flow of $1.40 billion.

Operating Cash Flow	1.44B
Capital Expenditures	-41.00M
Free Cash Flow	1.40B
FCF Per Share	$2.64

Margins

Gross Margin	n/a
Operating Margin	39.47%
Pretax Margin	31.68%
Profit Margin	25.82%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	57.98%

Dividends & Yields

This stock pays an annual dividend of $0.60, which amounts to a dividend yield of 2.98%.

Dividend Per Share	$0.60
Dividend Yield	2.98%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	43.82%
Buyback Yield	2.44%
Shareholder Yield	5.42%
Earnings Yield	7.09%
FCF Yield	13.13%

Analyst Forecast

The average price target for First Horizon is $18.31, which is -9.04% lower than the current price. The consensus rating is "Buy".

Price Target	$18.31
Price Target Difference	-9.04%
Analyst Consensus	Buy
Analyst Count	13
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on December 8, 2010. It was a forward split with a ratio of 1.01812:1.

Last Split Date	Dec 8, 2010
Split Type	Forward
Split Ratio	1.01812:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4