First Horizon Co. to Post Q1 2026 Earnings of $0.36 Per Share, Wedbush Forecasts (NYSE:FHN)

First Horizon Co. (NYSE:FHN) – Research analysts at Wedbush issued their Q1 2026 EPS estimates for First Horizon in a report issued on Tuesday, September 24th. Wedbush analyst D. Chiaverini anticipates that the financial services provider will earn $0.36 per share for the quarter. Wedbush currently has a “Neutral” rating and a $17.00 target price on the stock. The consensus estimate for First Horizon’s current full-year earnings is $1.46 per share. Wedbush also issued estimates for First Horizon’s Q2 2026 earnings at $0.37 EPS.

First Horizon (NYSE:FHN) last issued its quarterly earnings data on Wednesday, July 17th. The financial services provider reported $0.36 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.01). The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $819.82 million. First Horizon had a net margin of 14.03% and a return on equity of 8.84%. During the same period in the previous year, the company earned $0.39 EPS.

A number of other analysts have also commented on the company. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $18.00 price target on shares of First Horizon in a research note on Wednesday, July 17th. Barclays boosted their target price on shares of First Horizon from $18.00 to $19.00 and gave the stock an “overweight” rating in a report on Monday, June 24th. Evercore ISI dropped their price target on shares of First Horizon from $19.50 to $18.50 and set an “outperform” rating for the company in a research note on Tuesday, September 17th. Raymond James cut shares of First Horizon from a “strong-buy” rating to an “outperform” rating and set a $18.00 price objective on the stock. in a research note on Thursday, July 18th. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $16.00 target price on shares of First Horizon in a research report on Tuesday, August 6th. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, First Horizon presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.38.

First Horizon Trading Up 0.8 %

NYSE FHN opened at $15.51 on Friday. The company has a market cap of $8.48 billion, a price-to-earnings ratio of 10.85, a price-to-earnings-growth ratio of 3.17 and a beta of 0.88. First Horizon has a twelve month low of $10.08 and a twelve month high of $17.46. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.14. The business’s fifty day moving average is $15.84 and its 200 day moving average is $15.47.

Institutional Investors Weigh In On First Horizon

Large investors have recently added to or reduced their stakes in the business. Millennium Management LLC boosted its holdings in shares of First Horizon by 46.5% during the 2nd quarter. Millennium Management LLC now owns 14,370,699 shares of the financial services provider’s stock worth $226,626,000 after buying an additional 4,558,129 shares in the last quarter. LSV Asset Management grew its holdings in First Horizon by 49.8% in the first quarter. LSV Asset Management now owns 13,333,738 shares of the financial services provider’s stock worth $205,340,000 after purchasing an additional 4,434,929 shares during the period. Jupiter Asset Management Ltd. bought a new stake in First Horizon in the second quarter valued at $66,779,000. Bank of New York Mellon Corp raised its holdings in shares of First Horizon by 13.6% during the second quarter. Bank of New York Mellon Corp now owns 32,389,497 shares of the financial services provider’s stock valued at $510,782,000 after purchasing an additional 3,870,946 shares during the period. Finally, Junto Capital Management LP bought a new position in shares of First Horizon during the 4th quarter worth about $52,721,000. Institutional investors and hedge funds own 80.28% of the company’s stock.

First Horizon Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 13th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date of this dividend is Friday, September 13th. First Horizon’s dividend payout ratio is 41.96%.

First Horizon Company Profile

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments.