News

Analysts Update on First Horizon: Stock Insights Ahead

Analysts Update on First Horizon: Stock Insights Ahead

First Horizon Corporation's Upcoming Earnings Release

First Horizon Corporation (NYSE: FHN) is set to unveil its earnings results for the upcoming quarter. Analysts are eagerly anticipating what the Memphis-based company will report.

Quarterly Earnings Expectations

For the third quarter, analysts forecast First Horizon will report earnings of 45 cents per share. This marks an increase from 42 cents per share recorded in the same quarter last year. Revenue projections also appear optimistic, with expectations of reaching approximately $847.99 million, compared to last year’s $832 million.

Leadership Changes in the Company

Recently, First Horizon announced the appointment of Shaun McDougall as the new Head of Consumer Banking. This development could signal strategic changes within the organization as they focus on expanding their consumer banking services.

Current Stock Performance

On the previous trading day, First Horizon shares experienced a slight gain of 0.9%, closing at $22.45. This reflects a steady interest in the stock, which investors are closely monitoring ahead of the earnings announcement.

Analyst Ratings and Price Target Changes

As part of the evaluation leading up to the earnings call, several analysts have revised their ratings and price targets for First Horizon. Here’s a summary of the significant changes:

  • Barclays analyst Jared Shaw has maintained an Overweight rating on FHN and has increased the price target from $26 to $29.
  • Evercore ISI analyst John Pancari holds an Outperform rating with a raised price target, now at $26 from the previous $25.
  • Wells Fargo's Timur Braziler has an Equal-Weight rating and has updated the price target from $23 to $25.
  • DA Davidson’s Peter Winter initiated coverage with a Neutral rating at a price target of $24.
  • John McDonald from Truist Securities has a Hold rating and has slightly raised the price target from $23 to $24.

Investor Considerations

For those considering investing in FHN, it’s crucial to review the current analyst sentiment. With many rating changes reflecting an optimistic outlook, investors might find this a favorable window for evaluation.

Frequently Asked Questions

What is First Horizon Corporation's stock ticker?

The stock ticker for First Horizon Corporation is FHN.

When will First Horizon release its earnings?

First Horizon is expected to release its third-quarter earnings results shortly.

What are analysts' earnings expectations for First Horizon?

Analysts expect First Horizon to report earnings of 45 cents per share for the upcoming quarter.

Who is the new Head of Consumer Banking at First Horizon?

Shaun McDougall has recently been appointed as the Head of Consumer Banking at First Horizon.

What is the current price of First Horizon's stock?

First Horizon's stock closed at $22.45 recently, reflecting a slight increase.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

Choosing the Right Pressure-Treated Lumber for Projects

Updated Category News Views 107

Diving into the World of Pressure-Treated Lumber John Michael Nixa, the go-to expert from West Side Lumber, has dropped some real nuggets in the world of pressure-treated lumber. This isn't some clickbait headline; it's about making sure your deck or fence doesn't fall apart after the first thunderstorm. Understanding the Lumber Treatment Now, before you run off to the...

Continue Reading
Missoula Inventor Offers Handy Phone Solution on the Move

Updated Category News Views 83

Adjustable Convenience for the Modern Commuter When you're commuting or just lounging around, less hand strain and more comfort sounds like a no-brainer, right? Well, an inventive soul from Missoula, Montana, just might have cracked this little nut with a gizmo they're calling the COMMUTER PHONE. Imagine never having to juggle your phone during those bumpy moments on the...

Continue Reading
First-Time Clermont Homebuyers Face Unexpected Hurdles

Updated Category News Views 86

Welcome to the Wild Ride of Buying a Home! When folks step into the homebuying ring, especially in places like Clermont, Florida, they often don't realize how chaotic things can get. It's like being thrown into a boxing match without gloves. Brandie Mathison-Klein from the Mathison-Klein Group shines a light on this in a HelloNation piece, spilling the beans on what...

Continue Reading
Bernard Lancaster Steps Up as Mammoth's New President

Updated Category News Views 156

A New Era Under Bernard Lancaster at Mammoth Change is in the air for Mammoth Energy Services, as Bernard “Bernie” Lancaster takes the helm as President. His promotion on November 9, 2026, might not send shockwaves through Wall Street right away, but anyone holding an interest in NASDAQ:TUSK should take note. Lancaster's appointment is the kind of decision that...

Continue Reading
Class Action Greenlighted Against Concordia for Title IX Violations

Updated Category News Views 64

Paving the Way for Equality in Campus Sports Ah, courts and colleges—two institutions you'd hope would play by the rules. But here we are, knee-deep in a legal battle with Concordia University Irvine (CUI) caught in the crosshairs of Title IX compliance issues. No surprise there when a federal court finally gave the nod for a class action to plow ahead. Class Action...

Continue Reading
Kentucky Power's Bold Plan to Boost Local Economy

Updated Category News Views 93

Electricity, Economy, and Execution Kentucky Power just laid out plans that could massively swing the pendulum for eastern Kentucky's economic prospects. They've put filings on the table for the Kentucky Public Service Commission that, if approved, promise big economic benefits. We're talking about a potential infusion of $500 million through fixed-rate offsets and an...

Continue Reading
When to Switch Your LLC to S Corp Status: Tips

Updated Category News Views 61

Is Your LLC Ready for the S Corp Leap? Thinking about shifting your LLC to S corporation status? You're not alone—many business owners hit this fork in the road as their enterprise starts rolling in more dough. And if you're scratching your head wondering if this switch makes sense for your venture, listen up because timing and context are everything here. When Should...

Continue Reading
Hebrew Learning Made Simple: Expert's Structured Guide

Updated Category News Views 188

Cracking the Hebrew Code: A Balanced Guide Ever tried staring down a new language script and felt like you were on a sinking ship? That’s where a lot of folks starting off with Hebrew reading find themselves. It's no sunny stroll through a Greek alphabet park—Hebrew's a whole different ballgame. But Diana Yacobi from Sarah & David’s Read Hebrew Now offers a roadmap...

Continue Reading
Interactive Donor Recognition: Beyond GivingTuesday

Updated Category News Views 46

Crafting Stories That Endure You ever notice how some things just fade away after the holidays? Schools don't want their donor stories to go out like last year's tinsel. Rocket Alumni Solutions strikes right at the core of this concern. They recommend crafting donor recognition that lasts beyond GivingTuesday, by anchoring the story in the school's community. This isn't...

Continue Reading
WAX Collect Unveils Modular Flex Insurance for Watches

Updated Category News Views 108

WAX Collect Pioneers Customized Insurance with WAX Flex™ In a world where even a simple escapement can change the watch industry, WAX Collect is shaking things up with its WAX Flex™, rolling out a tailor-made insurance product specifically for watch collectors who refuse to settle for one-size-fits-all coverage. It's the first of its kind in modular approaches,...

Continue Reading

Top 5 Most Recently Viewed Articles

Uncovering North Korea's Cryptocurrency Heists of 2024

Updated Category News Views 160

Overview of the Cyber Threats North Korean hackers have been linked to a staggering theft of approximately $1.3 billion in cryptocurrencies this year. This figure is alarming as it constitutes over half of the total $2.2 billion stolen worldwide, based on findings from research organizations. The data emphasizes the heightened threat these cybercriminals pose as they have...

Continue Reading
New Addition to Braemar Hotels & Resorts Board Enhances Leadership

Updated Category News Views 68

Braemar Hotels & Resorts Welcomes Jay Shah to the Board Braemar Hotels & Resorts Inc. (NYSE: BHR) is excited to announce that Jay Shah, a seasoned professional in the hospitality and real estate sectors, has joined its Board of Directors as an independent director. This move is set to strengthen the leadership team and enhance the company’s strategic outlook. Jay Shah's...

Continue Reading
Clearside Biomedical's CLS-AX Shows Promising Results in AMD Trials

Updated Category News Views 66

Exciting Developments from Clearside Biomedical Clearside Biomedical, Inc. recently made waves in the medical community by showcasing promising advances in their treatment for age-related macular degeneration (AMD) at a significant ophthalmology event. This biopharmaceutical company is pushing the boundaries with its innovative approach to delivering therapies directly to...

Continue Reading
Titan Mining Reports Remarkable Q3 Earnings and Growth Prospects

Updated Category News Views 186

Titan Mining Corporation Achieves Substantial Q3 Milestones Titan Mining Corporation (TSX: TI, OTCQB: TIMCF) recently unveiled impressive financial and operational performance, highlighting its progress as a rising star in the natural flake graphite sector while maintaining its established capabilities in zinc production. The updates come as the company enters a pivotal...

Continue Reading
Ascent Solar Technologies Leads the Charge in Connectivity Solutions

Updated Category News Views 181

Revolutionizing Connectivity with Innovative Technologies In the evolving landscape of global communication, the demand for efficient and reliable connectivity solutions has never been more crucial. Traditional methods, primarily reliant on satellites and spacecraft, have inherent limitations. These methods can introduce considerable delays in data transmission, making...

Continue Reading