First Horizon National Corporation (NYSE:FHN) Analyst Estimates And Rating
First Horizon National Corporation (NYSE:FHN) stock is presently standing at about $19.26 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 15 analysts covering the company is $21.00, which suggests the stock could still rise over 8 percent. The highest analyst price target is $25.00, which implies a rally of 70 percent. And a quick view of analyst notes show that 4 are rating the stock a buy while 1 rate FHN a strong buy. There are 13 equity research firms advocating a Hold and 0 consider it Sell.
JMP Securities analysts provided their view on First Horizon National Corporation (NYSE:FHN) recently. The rating firm issued a Mkt Perform rating to this company in a research note released on Feb 02, 2017. Wells Fargo analysts disclosed their opinion on First Horizon National Corporation (NYSE:FHN) recently. The rating firm gave a Market Perform rating to this stock in a research note published on Jan 09, 2017. According to a research note disclosed on Jan 05, 2017, analysts at JP Morgan have upped their rating on these shares from Neutral to Overweight.
First Horizon National Corporation (NYSE:FHN) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its EVP & Chief Risk Officer Valine Yousef A. sold 42,531 company shares for 866360, in a transaction on 2017-02-15. Following the transaction, the EVP & Chief Risk Officer is left with a stake of 174,851 shares, currently valued at $3367630. Meanwhile, EVP & Chief HR Officer Daniel John M sold 28,987 shares worth $578580, through a transaction dated 2017-02-03. Following the completion of the transaction, the insider is left with a stake of 250,808 shares, amounting $4830562.08. FHN EVP & Chief HR Officer Daniel John M also sold 42,531 shares, at a stock price of $16. This transaction occurred on 2016-11-09 totals $680500. After this transaction, the insider’s stake stands at 250,826 shares, with a market value of $4830909.
Executives hold 2.39 percent of the stock. D. Bryan Jordan is one of the biggest insider owners in First Horizon National Corporation (NYSE:FHN), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 584,251 shares which have current market value of around $11252674.26.Scott M. Niswonger is another major inside shareholder in the company. The insider owns 531,105 shares as of 0.23%, currently worth $10229082.3. Mr. R. Brad Martin is ranked as third insider holder of the stock. This insider holds 475,023 shares with a market value around $9148942.98 as of recent close.
First Horizon National Corporation (NYSE:FHN) Earnings Outlook
In First Horizon National Corporation (NYSE:FHN)’s latest quarter, EPS moved to $0.23 from $0.27 in preceding quarter and revenues reached at $319.63M compared to $333.74M. Analysts had expected First Horizon National Corporation (NYSE:FHN) to post net income of about $0.25 per share on $330.71M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.20 to $0.25. That is compared with the $0.20 in EPS it reported during the same period a year ago.