Overview
First Horizon Corporation, based in the United States, is a prominent financial services company primarily engaged in the banking industry. It operates extensively through its subsidiary, First Horizon Bank, formerly known as First Tennessee Bank, which provides a comprehensive range of financial services. These include consumer and commercial banking, wealth management, and capital market services. Headquartered in Memphis, Tennessee, First Horizon maintains a significant presence across the U.S. Southeast, particularly distinguishing itself in small to mid-sized business banking. A key project in its portfolio includes the strategic expansion of its digital banking platform, aimed at enhancing customer experience and operational efficiency. This expansion reflects the company's commitment to integrating technology with traditional banking, securing its competitive edge in a rapidly evolving financial landscape.
Basic Stats
The Factor Analysis chart (below right) shows a view of First Horizon Corporation - Preferred Stock from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | |
| EV | |
| Shares Out. | 509.00 MM |
| Earnings Date | |
| EPS (TTM) | 1.65 |
| Dividend Yield | |
| Ex-Dividend Date | 2025-07-17 |
| Borrow Rate | |
| Short Shares Avail. | |
| Short Interest | 0.00 MM |
| Short Float | |
| Days to Cover | 1.00 days |
| Risk Free Rate | 4.17 % |
| Price Change (1 yr) | |
| Volatility (1 yr) | |
| Beta | |
| Sharpe Ratio (1 yr) | |
| Sortino Ratio (1 yr) |
| PE Ratio | |
| Price/Book | |
| Price/TBV | |
| Book/Market | |
| EBIT/EV | |
| EBIT(3yr avg)/EV | |
| ROA | 0.01 |
| ROE | 0.09 |
| ROIC | 0.06 |
| CROIC | 0.00 |
| OCROIC | 0.07 |
| Implied Volatility | |
| Put/Call OI Ratio |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for First Horizon Corporation - Preferred Stock is $21.12. The forecasts range from a low of $18.74 to a high of $23.91. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for First Horizon Corporation - Preferred Stock. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2024-07-03 | Jefferies | Buy | Buy | Maintains |
| 2024-06-25 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2024-06-24 | Barclays | Overweight | Overweight | Maintains |
| 2024-06-11 | Keefe, Bruyette & Woods | Outperform | Outperform | Maintains |
| 2024-05-23 | Stephens & Co. | Overweight | Overweight | Reiterate |
| 2024-04-19 | Baird | Neutral | Neutral | Maintains |
| 2024-04-18 | Baird | Neutral | Neutral | Maintains |
| 2024-04-10 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2024-04-10 | Wedbush | Outperform | Outperform | Reiterate |
| 2024-04-09 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2024-04-05 | Keefe, Bruyette & Woods | Market Perform | Outperform | Upgrade |
| 2024-04-04 | JP Morgan | Neutral | Neutral | Maintains |
| 2024-03-28 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2024-03-08 | Barclays | Overweight | Initiate | |
| 2024-01-24 | UBS | Neutral | Buy | Upgrade |
| 2024-01-19 | RBC Capital | Sector Perform | Sector Perform | Reiterate |
| 2024-01-05 | Raymond James | Outperform | Strong Buy | Upgrade |
| 2023-12-06 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2023-12-01 | Citigroup | Buy | Initiate | |
| 2023-11-15 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2023-11-03 | Wedbush | Neutral | Outperform | Upgrade |
| 2023-10-19 | JP Morgan | Neutral | Neutral | Maintains |
| 2023-10-05 | JP Morgan | Neutral | Neutral | Maintains |
| 2023-10-05 | Raymond James | Outperform | Outperform | Maintains |
| 2023-10-05 | Wedbush | Neutral | Initiate | |
| 2023-10-04 | Wells Fargo | Overweight | Equal-Weight | Downgrade |
| 2023-09-28 | UBS | Neutral | Initiate | |
| 2023-07-20 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2023-07-20 | Raymond James | Outperform | Outperform | Maintains |
| 2023-07-18 | Baird | Neutral | Initiate | |
| 2023-07-06 | Raymond James | Market Perform | Outperform | Upgrade |
| 2023-06-29 | JP Morgan | Neutral | Neutral | Maintains |
| 2023-06-28 | Goldman Sachs | Neutral | Reiterate | |
| 2023-06-13 | JP Morgan | Overweight | Neutral | Downgrade |
| 2023-06-08 | B of A Securities | Buy | Maintains | |
| 2023-06-07 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2023-05-24 | Jefferies | Hold | Buy | Upgrade |
| 2023-05-16 | B of A Securities | Buy | Reiterate | |
| 2023-05-05 | RBC Capital | Sector Perform | Maintains | |
| 2023-05-05 | Keefe, Bruyette & Woods | Market Perform | Maintains | |
| 2023-04-19 | RBC Capital | Sector Perform | Reiterate | |
| 2023-03-24 | Wells Fargo | Equal-Weight | Overweight | Upgrade |
| 2022-03-08 | Keefe, Bruyette & Woods | Outperform | Market Perform | Downgrade |
| 2022-03-07 | Jefferies | Buy | Hold | Downgrade |
| 2022-03-01 | Janney Montgomery Scott | Buy | Neutral | Downgrade |
| 2022-03-01 | Raymond James | Outperform | Market Perform | Downgrade |
| 2022-02-23 | Wedbush | Outperform | Initiate | |
| 2021-12-06 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-10-07 | Raymond James | Strong Buy | Outperform | Downgrade |
| 2021-09-08 | UBS | Buy | Neutral | Downgrade |
| 2021-08-02 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-04-29 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-04-07 | Raymond James | Strong Buy | Maintains | |
| 2021-03-18 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-02-24 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-01-27 | Morgan Stanley | Equal-Weight | Maintains | |
| 2021-01-07 | Raymond James | Strong Buy | Maintains | |
| 2021-01-07 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-12-07 | Morgan Stanley | Equal-Weight | Maintains | |
| 2020-10-26 | Raymond James | Strong Buy | Maintains | |
| 2020-10-08 | Jefferies | Hold | Buy | Upgrade |
| 2020-09-22 | Raymond James | Outperform | Strong Buy | Upgrade |
| 2020-08-17 | Morgan Stanley | Equal-Weight | Reiterate | |
| 2020-07-21 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2020-07-20 | Wells Fargo | Overweight | Maintains | |
| 2020-07-20 | Evercore ISI Group | In-Line | Outperform | Upgrade |
| 2020-05-15 | UBS | Buy | Maintains | |
| 2020-05-05 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2020-04-23 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2020-04-22 | Raymond James | Outperform | Maintains | |
| 2020-03-30 | Wells Fargo | Overweight | Maintains | |
| 2020-03-25 | Stephens & Co. | Equal-Weight | Overweight | Upgrade |
| 2020-03-02 | Baird | Neutral | Outperform | Upgrade |
| 2020-01-21 | Stephens & Co. | Equal-Weight | Maintains | |
| 2019-11-05 | Bank of America | Neutral | Buy | Upgrade |
| 2019-10-17 | Keefe, Bruyette & Woods | Outperform | Market Perform | Downgrade |
| 2019-10-02 | Wells Fargo | Outperform | Maintains | |
| 2019-08-29 | Raymond James | Market Perform | Outperform | Upgrade |
| 2019-08-05 | UBS | Sell | Buy | Upgrade |
| 2019-01-25 | Evercore ISI Group | Outperform | In-Line | Downgrade |
| 2019-01-22 | Bank of America | Neutral | Underperform | Downgrade |
| 2019-01-07 | Raymond James | Market Outperform | Market Perform | Downgrade |
| 2018-12-20 | Baird | Neutral | Initiate | |
| 2018-12-11 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2018-11-13 | Deutsche Bank | Hold | Buy | Upgrade |
| 2018-07-20 | Morgan Stanley | Equal-Weight | Equal-Weight | Maintains |
| 2018-07-18 | Raymond James | Strong Buy | Outperform | Downgrade |
| 2018-07-18 | Barclays | Overweight | Overweight | Maintains |
| 2018-07-18 | UBS | Buy | Neutral | Downgrade |
| 2018-07-18 | Keefe Bruyette & Woods | Outperform | Outperform | Maintains |
| 2018-07-18 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2018-06-29 | Hovde Group | Market Perform | Outperform | Upgrade |
| 2018-04-09 | PiperJaffray | Overweight | Initiate | |
| 2018-04-05 | Wells Fargo | Market Perform | Outperform | Upgrade |
| 2018-03-22 | UBS | Buy | Initiate | |
| 2018-02-09 | Barclays | Equal-Weight | Overweight | Upgrade |
| 2017-12-13 | Morgan Stanley | Equal-Weight | Maintains | |
| 2017-11-08 | Raymond James | Outperform | Strong Buy | Upgrade |
| 2017-10-16 | Raymond James | Outperform | Maintains | |
| 2017-08-10 | Raymond James | Market Perform | Outperform | Upgrade |
| 2017-01-05 | JP Morgan | Neutral | Overweight | Upgrade |
| 2016-12-15 | Bank of America | Underperform | Neutral | Upgrade |
| 2016-12-06 | Barclays | Equal-Weight | Maintains | |
| 2016-11-30 | Deutsche Bank | Hold | Maintains | |
| 2016-11-28 | Jefferies | Hold | Buy | Upgrade |
| 2016-09-26 | Hovde Group | Outperform | Market Perform | Downgrade |
| 2016-09-26 | Deutsche Bank | Hold | Maintains | |
| 2016-08-23 | Wells Fargo | Market Perform | Underperform | Downgrade |
| 2016-07-18 | Barclays | Equal-Weight | Maintains | |
| 2016-04-01 | Barclays | Equal-Weight | Maintains | |
| 2016-01-26 | Deutsche Bank | Hold | Maintains | |
| 2016-01-20 | Barclays | Equal-Weight | Maintains | |
| 2016-01-20 | Keefe Bruyette & Woods | Outperform | Maintains | |
| 2016-01-11 | Evercore ISI Group | Hold | Buy | Upgrade |
| 2015-10-19 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2015-10-19 | Barclays | Equal-Weight | Maintains | |
| 2015-10-19 | Jefferies | Hold | Maintains | |
| 2015-07-20 | Stephens & Co. | Overweight | Equal-Weight | Downgrade |
| 2015-07-20 | RBC Capital | Sector Perform | Maintains | |
| 2015-06-23 | Wells Fargo | Underperform | Market Perform | Upgrade |
| 2015-06-16 | Barclays | Equal-Weight | Maintains | |
| 2015-04-21 | FBR Capital | Underperform | Market Perform | Upgrade |
| 2015-04-21 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2015-04-20 | RBC Capital | Sector Perform | Maintains | |
| 2015-02-10 | Deutsche Bank | Hold | Maintains | |
| 2015-01-07 | Raymond James | Outperform | Market Perform | Downgrade |
| 2015-01-05 | Barclays | Equal-Weight | Maintains | |
| 2014-11-20 | Jefferies | Hold | Maintains | |
| 2014-09-19 | Raymond James | Market Perform | Outperform | Upgrade |
| 2014-08-28 | Keefe Bruyette & Woods | Outperform | Maintains | |
| 2014-08-27 | Keefe Bruyette & Woods | Market Perform | Outperform | Upgrade |
| 2014-04-22 | JP Morgan | Neutral | Maintains | |
| 2014-01-21 | Compass Point | Buy | Maintains | |
| 2014-01-21 | Stephens & Co. | Equal-Weight | Overweight | Upgrade |
| 2013-11-22 | JP Morgan | Neutral | Maintains | |
| 2013-10-21 | Sandler O'Neill | Buy | Hold | Downgrade |
| 2013-10-21 | JP Morgan | Overweight | Neutral | Downgrade |
| 2013-10-21 | RBC Capital | Outperform | Sector Perform | Downgrade |
| 2013-09-10 | Wunderlich | Buy | Hold | Downgrade |
| 2013-07-29 | Compass Point | Neutral | Maintains | |
| 2013-07-22 | Jefferies | Hold | Maintains | |
| 2013-07-22 | Stephens & Co. | Overweight | Equal-Weight | Downgrade |
| 2013-07-09 | JP Morgan | Overweight | Maintains | |
| 2013-06-18 | Wells Fargo | Market Perform | Underperform | Downgrade |
| 2013-06-06 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| 2013-04-22 | Compass Point | Sell | Neutral | Upgrade |
| 2013-03-18 | Raymond James | Outperform | Market Perform | Downgrade |
| 2013-01-22 | Compass Point | Sell | Maintains | |
| 2013-01-10 | JP Morgan | Overweight | Maintains | |
| 2013-01-04 | Deutsche Bank | Hold | Maintains | |
| 2012-10-22 | JP Morgan | Overweight | Maintains | |
| 2012-10-19 | Wunderlich | Buy | Maintains | |
| 2012-10-19 | Bank of America | Underperform | Maintains | |
| 2012-09-26 | FIG Partners | Outperform | Market Perform | Downgrade |
| 2012-09-24 | Compass Point | Neutral | Sell | Downgrade |
| 2012-09-12 | Sterne Agee | Neutral | Maintains | |
| 2012-08-14 | Jefferies | Hold | Maintains | |
| 2012-08-01 | Compass Point | Sell | Neutral | Upgrade |
| 2012-06-26 | Raymond James | Outperform | Maintains | |
| 2012-06-26 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| 2012-06-26 | Bank of America | Underperform | Maintains | |
| 2012-06-26 | Barclays | Equal-Weight | Maintains | |
| 2012-06-07 | Citigroup | Neutral | Maintains | |
| 2012-04-25 | Sterne Agee | Neutral | Maintains | |
| 2012-04-23 | Citigroup | Neutral | Maintains | |
| 2012-04-20 | JP Morgan | Overweight | Maintains | |
| 2012-03-30 | Deutsche Bank | Hold | Maintains | |
| 2025-01-17 | B of A Securities | Buy | Buy | Maintains |
| 2025-01-17 | Stephens & Co. | Overweight | Overweight | Reiterate |
| 2025-01-17 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-01-17 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2024-07-18 | Raymond James | Strong Buy | Outperform | Downgrade |
| 2024-07-18 | RBC Capital | Outperform | Outperform | Maintains |
| 2025-05-21 | Jefferies | Buy | Initiate | |
| 2024-11-08 | Raymond James | Outperform | Outperform | Maintains |
| 2024-11-08 | Barclays | Overweight | Overweight | Maintains |
| 2024-08-06 | Baird | Neutral | Neutral | Maintains |
| 2025-04-17 | RBC Capital | Outperform | Outperform | Maintains |
| 2025-04-17 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2024-10-02 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2024-12-03 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2024-10-17 | Barclays | Overweight | Overweight | Maintains |
| 2024-10-17 | Stephens & Co. | Overweight | Overweight | Maintains |
| 2024-10-17 | RBC Capital | Outperform | Outperform | Maintains |
| 2024-10-30 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2024-09-17 | Evercore ISI Group | Outperform | Outperform | Maintains |
| 2024-11-26 | Goldman Sachs | Neutral | Neutral | Maintains |
| 2025-04-02 | Raymond James | Outperform | Outperform | Maintains |
| 2024-10-09 | JP Morgan | Neutral | Neutral | Maintains |
| 2024-09-24 | Wedbush | Outperform | Neutral | Downgrade |
| 2024-12-20 | Barclays | Overweight | Overweight | Maintains |
| 2024-12-19 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Maintains |
| 2025-02-28 | Citigroup | Buy | Buy | Maintains |
| 2025-04-17 | B of A Securities | Buy | Buy | Maintains |
| 2024-12-11 | RBC Capital | Outperform | Outperform | Maintains |
| 2025-01-07 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-04-08 | Barclays | Overweight | Overweight | Maintains |
| 2025-04-07 | Baird | Neutral | Outperform | Upgrade |
| 2025-07-17 | Citigroup | Buy | Buy | Maintains |
| 2025-07-17 | B of A Securities | Buy | Buy | Maintains |
| 2025-04-09 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2025-07-11 | Truist Securities | Hold | Hold | Maintains |
| 2025-08-26 | Citigroup | Buy | Buy | Maintains |
| 2025-07-10 | Wells Fargo | Equal-Weight | Equal-Weight | Maintains |
| 2025-05-13 | Truist Securities | Hold | Initiate | |
| 2025-06-09 | RBC Capital | Outperform | Outperform | Maintains |
| 2025-07-01 | JP Morgan | Neutral | Neutral | Maintains |
| 2025-07-08 | Raymond James | Outperform | Outperform | Reiterate |
| 2025-07-08 | Barclays | Overweight | Overweight | Maintains |
