Economy

What's The Story Behind First Horizon National Corporation (NYSE:FHN)

The firm has "Hold" rating given on Monday, September 26 by Deutsche Bank. According to their observations and findings, the stock could provide a high EPS of $0.32/share and a low EPS of $0.28/share.

Research analysts are predicting that Physicians Realty Trust (NYSE:DOC) will report earnings of $0.28 per share when the firm issues their next quarterly report. The company is expected to announce its next earnings results before the market opens on Friday, October 13th. Stock volatility for the month was 2.17% while for the week was 1.96%. For the past 5 years, the company's revenue has grown -4%, while the company's earnings per share has grown -10.1%. Thrivent For Lutherans has 0% invested in First Horizon National Corp (NYSE:FHN). Jefferies maintained First Horizon National Corp (NYSE:FHN) rating on Monday, July 17. In terms of efficiency, FHN has an asset turnover ratio of 0.04. Great Lakes Advisors Limited Liability stated it has 0.06% of its portfolio in First Horizon National Corp (NYSE:FHN).

Analysts believe that the company has the potential to earn average revenue of $341.33 Million for the current quarter. They expect $0.31 EPS, up 14.81% or $0.04 from last year's $0.27 per share. First Horizon National Corp (NYSE:FHN) has risen 21.88% since October 8, 2016 and is uptrending. FHN has analyst rating of 2.50 on scale of 1-5.

First Horizon National Corporation had its "equal-weight" rating reiterated by analysts at Morgan Stanley. Whether a stock is in or out of their favor can have a big effect on its price. Jefferies maintained First Horizon National Corp (NYSE:FHN) rating on Friday, August 18. It dropped, as 26 investors sold First Horizon National Corp shares while 85 reduced holdings.

Thomson Reuters Corporation is maintained at an average hold rating by 16 stock analysts, and there are at least 0.49% of shares outstanding that are now legally short sold. The stock increased 0.94% or $0.18 during the last trading session, reaching $19.26. Barnett And Company Incorporated holds 2,500 shares. The shares were sold at an average price of $18.51, for a total transaction of $64,785.00. Following the transaction, the chief financial officer now directly owns 275,497 shares in the company, valued at $5,132,509.11.

As the name implies the ABR will show you the Average of Brokerage Recommendations on a given stock. State Board Of Administration Of Florida Retirement Systems holds 0.02% or 402,361 shares in its portfolio. The disclosure for this sale can be found here. The rating was upgraded by Bank of America to "Neutral" on Thursday, December 15. As we move into the second half of the year, investors will be watching to see which way the momentum shifts and if stocks are still primed to move higher. The firm owned 609,239 shares of the financial services provider's stock after selling 83,900 shares during the period. Finally, Prudential Financial Inc. increased its position in First Horizon National Corporation by 6.5% in the 1st quarter. Ameriprise owns 0.01% invested in First Horizon National Corp (NYSE:FHN) for 913,263 shares. The company has market cap of $4.50 billion. First Horizon National Corporation (NYSE:FHN) has a 20-Day average volume of 3.55 Million. Company trades at a P/E ratio of 17.40, and is more expensive than the average stock in the Regional - Southeast Banks industry.

The company also recently announced a quarterly dividend, which was paid on Monday, October 2nd. Each brokerage firm has its own way of rating that may make it hard to compare broker recommendations between the brokerage houses. The ex-dividend date was Thursday, September 7th. First Horizon National Corporation's payout ratio is presently 32.43%.

ILLEGAL ACTIVITY WARNING: This piece was originally posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece on another site, it was stolen and republished in violation of worldwide trademark and copyright law. First Horizon National Corporation had 38 analyst reports since July 21, 2015 according to SRatingsIntel. First Horizon National Corporation dipped to as low as $18.99 throughout the day and has returned -3.75% in this year. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank). The Firm has four divisions: regional banking, fixed income, corporate and non-strategic. The Company's regional banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers in Tennessee and other selected markets.



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