First Horizon (FHN) Projected to Post Earnings on Wednesday

First Horizon (NYSE:FHN) will likely be releasing its Q2 2026 results before the market opens on Wednesday, July 15th. Analysts expect First Horizon to post earnings of $0.53 per share and revenue of $880.2060 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 15, 2026 at 9:30 AM ET.

First Horizon (NYSE:FHN) last released its quarterly earnings data on Wednesday, April 15th. The financial services provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.04. The company had revenue of $865.00 million during the quarter, compared to analysts’ expectations of $869.49 million. First Horizon had a net margin of 20.54% and a return on equity of 11.65%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.42 EPS. On average, analysts expect First Horizon to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

First Horizon Price Performance

Shares of FHN stock opened at $25.77 on Wednesday. The company has a market capitalization of $12.23 billion, a P/E ratio of 12.89, a P/E/G ratio of 1.01 and a beta of 0.60. The company’s 50-day simple moving average is $24.63 and its two-hundred day simple moving average is $24.21. First Horizon has a one year low of $19.80 and a one year high of $26.56. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.96 and a quick ratio of 0.96.

First Horizon Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Friday, June 12th were issued a $0.17 dividend. The ex-dividend date was Friday, June 12th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.6%. First Horizon’s payout ratio is presently 34.00%.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. JPMorgan Chase & Co. raised their price objective on First Horizon from $26.00 to $28.50 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Evercore set a $27.00 target price on First Horizon in a report on Monday. UBS Group downgraded First Horizon from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $29.00 to $25.00 in a research report on Tuesday, April 7th. Fundamental Research set a $28.50 price target on First Horizon in a research note on Wednesday, July 1st. Finally, Raymond James Financial lifted their price objective on First Horizon from $26.00 to $28.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Nine investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, First Horizon presently has a consensus rating of “Hold” and a consensus target price of $27.12.

Institutional Trading of First Horizon

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Kestra Investment Management LLC increased its holdings in shares of First Horizon by 873.1% in the 2nd quarter. Kestra Investment Management LLC now owns 1,625 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 1,458 shares during the period. Geneos Wealth Management Inc. boosted its position in First Horizon by 156.7% during the first quarter. Geneos Wealth Management Inc. now owns 1,794 shares of the financial services provider’s stock valued at $35,000 after purchasing an additional 1,095 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in First Horizon during the fourth quarter valued at about $51,000. Triumph Capital Management purchased a new position in First Horizon in the third quarter valued at about $77,000. Finally, Wilkerson Advisory Group LLC purchased a new position in First Horizon in the fourth quarter valued at about $86,000. Institutional investors own 80.28% of the company’s stock.

First Horizon Company Profile

First Horizon Corporation, headquartered in Memphis, Tennessee, is a diversified financial services company providing an array of retail, commercial and wealth management solutions. As the largest bank-based financial services firm in Tennessee, First Horizon operates through a network of branches and digital platforms across the Southeastern United States, offering personal and business banking, mortgage origination and servicing, payment solutions and treasury management services.

Tracing its origins to the First National Bank of Memphis established in 1864, First Horizon has grown through strategic acquisitions and organic expansion to serve customers in Tennessee, Texas, North Carolina, South Carolina, Georgia and Florida.