Shares of First Horizon National Corp (NYSE:FHN) opened at 17.62 on Wednesday. Stocks with EPS growth rates of as a minimum 25% compared with year-ago levels suggest a company has products or services in strong demand. Riverhead Capital Management LLC boosted its stake in shares of First Horizon National Corp by 1,280.7% in the third quarter. The business had revenue of $306.65 million for the quarter, compared to the consensus estimate of $324.31 million. Additionally, First Horizon National Corporation (FHN) stock price has gone down by -4.45% over the last 20 trading days, and its price is -15.07% below the 52-week high. First Horizon National Corp had a return on equity of 8.73% and a net margin of 16.57%. If you are reading this report on another publication, it was illegally stolen and republished in violation of USA and global trademark & copyright law. The analysts estimated sales for the higher end at 346.7 million and lower end at 326.1 million while the year ago reported sale was 327.76 million.
FHN has a 1-year high price of $ 20.75 and 1-year low price of $12.30. First Horizon National Corporation is now trading -4.04% below its 20-day and -0.02% versus the 200-day simple moving averages while -5.68% compared with its 50-day simple moving average.
AK Steel Holding Corporation (NYSE:AKS) closed at $5.73 a share in the latest session and the stock value rose nearly -43.88% since the beginning of this year. BlackRock Japan Co. Ltd boosted its position in First Horizon National Corp by 101,900.0% in the third quarter.
Price to Sale ratio of FHN stands at 3.29 while Price to Book Ratio stands at 1.8. First Horizon National Corp's revenue for the quarter was up.1% on a year-over-year basis. Jefferies Group analyst C. Haire now forecasts that the financial services provider will earn $1.25 per share for the year, down from their prior forecast of $1.29.
A number of hedge funds and other institutional investors have recently bought and sold shares of FHN.
First Horizon National Corporation (NYSE:FHN) tumbled -9.39% year-to-date. First Horizon National Corp now has a consensus rating of "Hold" and an average target price of $18.93. The P/E ratio was recorded at 18.69.The volatility in the previous week has experienced by 2.79% and observed of 2.44% in the previous month.85.60% ownership is held by institutional investors while insiders hold ownership of 1.70%. The correct version of this report can be viewed at https://www.chaffeybreeze.com/2017/05/14/favorable-press-coverage-unlikely-to-impact-first-horizon-national-corp-fhn-stock-price.html. The company rocked its 52-Week High of $20.84 and touched its 52-Week Low of $12.46. Seaport Global Securities lowered Horizon Global Corp from a "buy" rating to a "neutral" rating and set a $16.00 target price for the company.in a research note on Monday, March 13th. Eight research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. BlackRock Japan Co. Ltd now owns 7,140 shares of the financial services provider's stock worth $109,000 after buying an additional 7,133 shares during the period. LLC boosted its position in shares of First Horizon National Corp by 10.8% in the third quarter. The firm's price-to-sales ratio was noted 0.46 in contrast with an overall industry average of 1.21. Investors of record on Friday, June 9th will be paid a dividend of $0.09 per share.
Receive News & Ratings for First Horizon National Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Horizon National Corp and related companies with MarketBeat.com's FREE daily email newsletter. Target Corporation (NYSE:TGT) for the trailing twelve months paying dividend with the payout ratio of 50.92% to its shareholders. Riverhead Capital Management LLC now owns 7,000 shares of the financial services provider's stock valued at $107,000 after buying an additional 6,493 shares in the last quarter. Finally, Glen Harbor Capital Management LLC boosted its position in First Horizon National Corp by 16.1% in the first quarter. Finally, Waters Parkerson & CO. Parnassus Investments CA now owns 5,000,000 shares of the financial services provider's stock worth $92,500,000 after buying an additional 1,250,000 shares during the period.
The company has been one of the biggest innovators in "Regional - Southeast Banks" employing approximately 4258 full time employees. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank).