First Horizon National Corporation (NYSE:FHN) will be releasing its earnings data before the market opens on Friday, October 13th. Analysts expect First Horizon National Corporation to post earnings of $0.30 per share for the quarter.

First Horizon National Corporation (NYSE:FHN) last posted its quarterly earnings results on Friday, July 14th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.01. The business had revenue of $328.37 million during the quarter, compared to analyst estimates of $331.27 million. First Horizon National Corporation had a return on equity of 9.10% and a net margin of 19.13%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.24 earnings per share. On average, analysts expect First Horizon National Corporation to post $1.10 EPS for the current fiscal year and $1.30 EPS for the next fiscal year.

Shares of First Horizon National Corporation (NYSE FHN) opened at 19.26 on Friday. First Horizon National Corporation has a 52-week low of $14.60 and a 52-week high of $20.84. The stock has a 50 day moving average price of $17.66 and a 200-day moving average price of $17.75. The stock has a market capitalization of $4.51 billion, a price-to-earnings ratio of 17.35 and a beta of 1.05.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Investors of record on Friday, September 8th were given a dividend of $0.09 per share. The ex-dividend date was Thursday, September 7th. This represents a $0.36 annualized dividend and a dividend yield of 1.87%. First Horizon National Corporation’s dividend payout ratio is currently 32.43%.

In other news, CFO William C. Losch III sold 45,107 shares of the business’s stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $18.63, for a total transaction of $840,343.41. Following the completion of the sale, the chief financial officer now directly owns 275,497 shares of the company’s stock, valued at approximately $5,132,509.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO William C. Losch III sold 3,500 shares of the business’s stock in a transaction on Tuesday, September 26th. The shares were sold at an average price of $18.51, for a total transaction of $64,785.00. Following the sale, the chief financial officer now directly owns 233,890 shares of the company’s stock, valued at $4,329,303.90. The disclosure for this sale can be found here. 2.09% of the stock is owned by insiders.

Several research analysts recently issued reports on FHN shares. Deutsche Bank AG restated a “hold” rating on shares of First Horizon National Corporation in a research report on Monday, July 3rd. Raymond James Financial, Inc. upgraded First Horizon National Corporation from a “market perform” rating to an “outperform” rating in a research report on Thursday, August 10th. UBS AG upgraded First Horizon National Corporation from a “market perform” rating to an “outperform” rating in a research report on Thursday, August 10th. BidaskClub upgraded First Horizon National Corporation from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Finally, Zacks Investment Research upgraded First Horizon National Corporation from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Monday, September 18th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $19.44.

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First Horizon National Corporation Company Profile

First Horizon National Corporation (FHN) is a bank holding company. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank). The Company has four segments: 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.

Earnings History for First Horizon National Corporation (NYSE:FHN)

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