First Horizon Statistics
Total Valuation
First Horizon has a market cap or net worth of $8.12 billion. The enterprise value is $8.76 billion.
| Market Cap | 8.12B |
| Enterprise Value | 8.76B |
Important Dates
The last earnings date was Wednesday, April 17, 2024, before market open.
| Earnings Date | Apr 17, 2024 |
| Ex-Dividend Date | Mar 14, 2024 |
Share Statistics
First Horizon has 554.94 million shares outstanding. The number of shares has decreased by -0.75% in one year.
| Shares Outstanding | 554.94M |
| Shares Change (YoY) | -0.75% |
| Shares Change (QoQ) | -0.05% |
| Owned by Insiders (%) | 0.87% |
| Owned by Institutions (%) | 83.65% |
| Float | 543.59M |
Valuation Ratios
The trailing PE ratio is 9.50 and the forward PE ratio is 9.92. First Horizon's PEG ratio is 1.67.
| PE Ratio | 9.50 |
| Forward PE | 9.92 |
| PS Ratio | 2.53 |
| Forward PS | 2.43 |
| PB Ratio | 0.90 |
| P/FCF Ratio | 6.43 |
| PEG Ratio | 1.67 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 7.23, with an EV/FCF ratio of 6.93.
| EV / Earnings | 10.13 |
| EV / Sales | 2.73 |
| EV / EBITDA | 7.23 |
| EV / EBIT | 7.90 |
| EV / FCF | 6.93 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.41 |
| Debt / EBITDA | 3.05 |
| Debt / FCF | 2.93 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 10.00% and return on invested capital (ROIC) is 7.19%.
| Return on Equity (ROE) | 10.00% |
| Return on Assets (ROA) | 1.00% |
| Return on Capital (ROIC) | 7.19% |
| Revenue Per Employee | $434,671 |
| Profits Per Employee | $117,240 |
| Employee Count | 7,378 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, First Horizon has paid $212.00 million in taxes.
| Income Tax | 212.00M |
| Effective Tax Rate | 19.68% |
Stock Price Statistics
The stock price has decreased by -21.30% in the last 52 weeks. The beta is 0.95, so First Horizon's price volatility has been similar to the market average.
| Beta (1Y) | 0.95 |
| 52-Week Price Change | -21.30% |
| 50-Day Moving Average | 14.52 |
| 200-Day Moving Average | 13.05 |
| Relative Strength Index (RSI) | 51.10 |
| Average Volume (30 Days) | 6,728,854 |
Short Selling Information
The latest short interest is 8.87 million, so 1.60% of the outstanding shares have been sold short.
| Short Interest | 8.87M |
| Short Previous Month | 16.78M |
| Short % of Shares Out | 1.60% |
| Short % of Float | 1.63% |
| Short Ratio (days to cover) | 1.32 |
Income Statement
In the last 12 months, First Horizon had revenue of $3.21 billion and earned $865.00 million in profits. Earnings per share was $1.54.
| Revenue | 3.21B |
| Gross Profit | 3.21B |
| Operating Income | 1.13B |
| Pretax Income | 1.11B |
| Net Income | 865.00M |
| EBITDA | 1.21B |
| EBIT | 1.11B |
| Earnings Per Share (EPS) | $1.54 |
Balance Sheet
The company has $3.06 billion in cash and $3.70 billion in debt, giving a net cash position of -$640.00 million or -$1.15 per share.
| Cash & Cash Equivalents | 3.06B |
| Total Debt | 3.70B |
| Net Cash | -640.00M |
| Net Cash Per Share | -$1.15 |
| Equity / Book Value | 9.00B |
| Book Value Per Share | 16.21 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $1.30 billion and capital expenditures -$36.00 million, giving a free cash flow of $1.26 billion.
| Operating Cash Flow | 1.30B |
| Capital Expenditures | -36.00M |
| Free Cash Flow | 1.26B |
| FCF Per Share | $2.30 |
Margins
Gross margin is 100.00%, with operating and profit margins of 35.17% and 26.97%.
| Gross Margin | 100.00% |
| Operating Margin | 35.17% |
| Pretax Margin | 34.58% |
| Profit Margin | 26.97% |
| EBITDA Margin | 37.76% |
| EBIT Margin | 34.58% |
| FCF Margin | 39.38% |
Dividends & Yields
This stock pays an annual dividend of $0.60, which amounts to a dividend yield of 4.10%.
| Dividend Per Share | $0.60 |
| Dividend Yield | 4.10% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 38.96% |
| Buyback Yield | 0.75% |
| Shareholder Yield | 4.86% |
| Earnings Yield | 10.65% |
| FCF Yield | 15.56% |
Analyst Forecast
The average price target for First Horizon is $16.00, which is 9.36% higher than the current price. The consensus rating is "Buy".
| Price Target | $16.00 |
| Price Target Difference | 9.36% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on September 9, 2009. It was a forward split with a ratio of 10159:1000.
| Last Split Date | Sep 9, 2009 |
| Split Type | Forward |
| Split Ratio | 10159:1000 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |