Trade Report: The Investment Analysts’ Recent Ratings Changes for First Horizon National Corp. (FHN)

The Investment Analysts’ Recent Ratings Changes for First Horizon National Corp. (FHN)

First Horizon National Corp. (NYSE: FHN) recently received a number of ratings updates from brokerages and research firms:

First Horizon National Corp. (NYSE:FHN) traded down 0.64% during trading on Wednesday, hitting $15.48. 1,571,453 shares of the stock traded hands. First Horizon National Corp. has a one year low of $11.51 and a one year high of $15.83. The company’s 50 day moving average is $15.22 and its 200 day moving average is $14.36. The company has a market capitalization of $3.59 billion, a P/E ratio of 17.55 and a beta of 1.16.

First Horizon National Corp. (NYSE:FHN) last issued its quarterly earnings results on Friday, July 15th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.01. First Horizon National Corp. had a net margin of 17.30% and a return on equity of 8.84%. The firm had revenue of $321.78 million for the quarter. During the same quarter in the previous year, the firm posted $0.22 earnings per share. The firm’s quarterly revenue was up 8.4% on a year-over-year basis. On average, equities analysts forecast that First Horizon National Corp. will post $0.95 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 3rd. Shareholders of record on Friday, September 9th were paid a $0.07 dividend. The ex-dividend date was Wednesday, September 7th. This represents a $0.28 annualized dividend and a yield of 1.81%. First Horizon National Corp.’s payout ratio is currently 30.11%.

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