First Horizon (FHN) Stock Forecast, Price Target & Predictions
FHN Stock Forecast
First Horizon stock forecast is as follows: an average price target of $19.10 (represents a -8.74% downside from FHN’s last price of $20.93) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
FHN Price Target
The average price target for First Horizon (FHN) is $19.10 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $21.00 to $16.00. This represents a potential -8.74% downside from FHN's last price of $20.93.
FHN Analyst Ratings
According to 14 Wall Street analysts, First Horizon's rating consensus is 'Buy'. The analyst rating breakdown for FHN stock is 0 'Strong Buy' (0.00%), 12 'Buy' (85.71%), 2 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
First Horizon Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 17, 2024 | Brennan Crowley | Robert W. Baird | - | - | -2.24% | -18.78% |
| Oct 17, 2024 | Jon Arfstrom | RBC Capital | - | - | 15.01% | -4.44% |
| Oct 17, 2024 | Russell Gunther | Stephens | - | - | 15.01% | -4.44% |
| Oct 17, 2024 | Benjamin Gerlinger | National Bank | - | - | 15.01% | -4.44% |
| Oct 02, 2024 | John Pancari | Evercore ISI | - | - | 20.64% | -14.00% |
| Jun 24, 2024 | Jared Shaw | Barclays | - | - | 29.52% | -9.22% |
| May 22, 2024 | Russell Gunther | Stephens | - | - | 18.75% | -9.22% |
| Apr 18, 2024 | Brennan Crowley | Robert W. Baird | - | - | 12.91% | -23.55% |
| Apr 18, 2024 | Benjamin Gerlinger | National Bank | - | - | 30.56% | -11.61% |
| Apr 09, 2024 | Jon Arfstrom | RBC Capital | - | - | 18.81% | -14.00% |
The latest First Horizon stock forecast, released on Oct 17, 2024 by Brennan Crowley from Robert W. Baird, set a price target of $17.00, which represents a -2.24% decrease from the stock price at the time of the forecast ($17.39), and a -18.78% decrease from FHN last price ($20.93).
First Horizon Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 12 |
| Avg Price Target | - | $19.00 | $18.29 |
| Last Closing Price | $20.93 | $20.93 | $20.93 |
| Upside/Downside | -100.00% | -9.22% | -12.61% |
In the current month, the average price target of First Horizon stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to First Horizon's last price of $20.93. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Oct 17, 2024 | Stephens | Overweight | Overweight | Hold |
| Oct 17, 2024 | Citigroup | Buy | Buy | Hold |
| Oct 17, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 09, 2024 | Wedbush | Neutral | Neutral | Hold |
| Oct 09, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Oct 02, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Sep 24, 2024 | Wedbush | Underperform | Neutral | Downgrade |
| Sep 17, 2024 | RBC Capital | Buy | Buy | Hold |
| Aug 06, 2024 | Stephens | Buy | Buy | Hold |
First Horizon's last stock rating was published by RBC Capital on Oct 17, 2024. The company gave FHN a "Outperform" rating, the same as its previous rate.
First Horizon Financial Forecast
First Horizon Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $779.00M | $-30.00M | $858.00M | $884.00M | $875.00M | $742.00M | $708.00M | $744.00M | $738.00M | $781.00M | $808.00M | $810.00M | $1.36B | $499.96M | $465.87M | $483.46M | $460.78M |
| Avg Forecast | $885.64M | $879.54M | $865.77M | $846.58M | $858.93M | $848.80M | $831.04M | $813.71M | $819.27M | $821.57M | $822.07M | $809.51M | $787.73M | $797.23M | $821.11M | $879.21M | $872.73M | $827.66M | $733.17M | $706.52M | $730.51M | $744.90M | $769.32M | $762.32M | $782.40M | $799.54M | $485.46M | $478.35M | $468.75M | $466.76M |
| High Forecast | $899.50M | $893.31M | $879.32M | $859.83M | $872.37M | $862.08M | $844.05M | $816.49M | $823.15M | $821.69M | $822.07M | $809.51M | $794.46M | $809.70M | $833.96M | $892.97M | $886.39M | $844.85M | $748.40M | $721.20M | $745.69M | $760.37M | $785.31M | $778.16M | $798.66M | $816.15M | $495.54M | $488.29M | $478.49M | $476.45M |
| Low Forecast | $864.33M | $858.38M | $844.94M | $826.21M | $838.26M | $828.37M | $811.04M | $808.46M | $814.79M | $821.45M | $822.07M | $809.51M | $778.29M | $778.04M | $801.35M | $858.05M | $851.73M | $806.00M | $713.98M | $688.04M | $711.40M | $725.41M | $749.19M | $742.37M | $761.93M | $778.62M | $472.75M | $465.83M | $456.49M | $454.54M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 4 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | -0.04% | 0.98% | 1.01% | 1.06% | 1.01% | 1.00% | 1.02% | 0.99% | 1.02% | 1.06% | 1.04% | 1.70% | 1.03% | 0.97% | 1.03% | 0.99% |
First Horizon's average Quarter revenue forecast for Dec 23 based on 7 analysts is $787.73M, with a low forecast of $778.29M, and a high forecast of $794.46M. FHN's average Quarter revenue forecast represents a 1.12% increase compared to the company's last Quarter revenue of $779.00M (Sep 23).
First Horizon EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 4 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $201.00M | $251.00M | $574.00M | $494.00M | $454.00M | $286.00M | $301.00M | $325.00M | $347.00M | $452.00M | $364.00M | $369.06M | $608.64M | $127.86M | $113.44M | $263.94M | $270.46M |
| Avg Forecast | $319.43M | $317.23M | $312.26M | $305.34M | $309.79M | $306.14M | $299.73M | $293.48M | $295.49M | $296.32M | $296.50M | $331.89M | $284.11M | $287.54M | $296.15M | $301.71M | $277.20M | $302.16M | $267.67M | $274.29M | $266.70M | $271.95M | $280.87M | $234.97M | $285.64M | $291.90M | $177.23M | $183.88M | $171.13M | $170.40M |
| High Forecast | $324.43M | $322.19M | $317.15M | $310.12M | $314.64M | $310.93M | $304.43M | $294.49M | $296.89M | $296.36M | $296.50M | $398.26M | $286.54M | $292.04M | $300.79M | $362.06M | $332.64M | $308.44M | $273.23M | $329.14M | $272.24M | $277.60M | $286.70M | $281.97M | $291.58M | $297.96M | $180.91M | $220.65M | $174.69M | $173.94M |
| Low Forecast | $311.74M | $309.59M | $304.75M | $297.99M | $302.34M | $298.77M | $292.52M | $291.59M | $293.87M | $296.27M | $296.50M | $265.51M | $280.71M | $280.62M | $289.03M | $241.37M | $221.76M | $294.26M | $260.66M | $219.43M | $259.72M | $264.83M | $273.52M | $187.98M | $278.17M | $284.26M | $172.59M | $147.10M | $166.66M | $165.95M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | 0.85% | 1.90% | 1.78% | 1.50% | 1.07% | 1.10% | 1.22% | 1.28% | 1.61% | 1.55% | 1.29% | 2.09% | 0.72% | 0.62% | 1.54% | 1.59% |
7 analysts predict FHN's average Quarter EBITDA for Dec 23 to be $284.11M, with a high of $286.54M and a low of $280.71M. This is 41.35% upper than First Horizon's previous annual EBITDA (Sep 23) of $201.00M.
First Horizon Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 4 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $137.00M | $74.00M | $251.00M | $266.00M | $265.00M | $174.00M | $195.00M | $229.00M | $232.00M | $308.00M | $233.00M | $242.00M | $536.00M | $53.81M | $13.62M | $118.37M | $111.06M |
| Avg Forecast | $249.62M | $247.47M | $230.25M | $217.34M | $228.52M | $218.85M | $202.72M | $193.70M | $206.61M | $201.10M | $160.98M | $215.73M | $144.04M | $128.96M | $350.45M | $196.11M | $183.99M | $240.52M | $190.43M | $178.29M | $180.08M | $189.87M | $215.80M | $144.84M | $153.80M | $280.86M | $70.91M | $22.81M | $225.09M | $227.66M |
| High Forecast | $254.70M | $252.50M | $234.94M | $221.76M | $233.17M | $223.31M | $206.84M | $209.84M | $212.19M | $201.42M | $161.04M | $258.87M | $157.98M | $131.59M | $357.58M | $235.34M | $220.79M | $247.02M | $195.57M | $213.94M | $184.94M | $195.00M | $221.63M | $173.81M | $157.96M | $288.45M | $72.82M | $27.38M | $231.17M | $233.81M |
| Low Forecast | $241.81M | $239.73M | $223.05M | $210.54M | $221.38M | $212.00M | $196.38M | $177.56M | $201.02M | $200.79M | $160.92M | $172.58M | $134.75M | $124.93M | $339.49M | $156.89M | $147.19M | $232.34M | $183.95M | $142.63M | $173.95M | $183.41M | $208.46M | $115.87M | $148.57M | $271.31M | $68.50M | $18.25M | $217.43M | $219.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 0.21% | 1.28% | 1.45% | 1.10% | 0.91% | 1.09% | 1.27% | 1.22% | 1.43% | 1.61% | 1.57% | 1.91% | 0.76% | 0.60% | 0.53% | 0.49% |
First Horizon's average Quarter net income forecast for Dec 23 is $144.04M, with a range of $134.75M to $157.98M. FHN's average Quarter net income forecast represents a 5.14% increase compared to the company's last Quarter net income of $137.00M (Sep 23).
First Horizon SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 4 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $265.00M | $-12.00M | $271.00M | $282.00M | $276.00M | $265.00M | $279.00M | $290.00M | $296.00M | $306.00M | $319.00M | $319.00M | $329.00M | $220.74M | $213.75M | $215.12M | $193.65M |
| Avg Forecast | $346.74M | $344.36M | $338.97M | $331.45M | $336.29M | $332.32M | $325.37M | $318.58M | $320.76M | $321.66M | $321.86M | $308.65M | $308.41M | $312.13M | $321.48M | $280.59M | $288.55M | $296.03M | $262.24M | $255.09M | $261.29M | $266.43M | $275.17M | $197.68M | $279.85M | $285.97M | $173.64M | $367.29M | $167.66M | $166.95M |
| High Forecast | $352.17M | $349.75M | $344.27M | $336.64M | $341.55M | $337.52M | $330.46M | $319.67M | $322.28M | $321.71M | $321.86M | $370.38M | $311.05M | $317.01M | $326.51M | $336.71M | $346.26M | $302.18M | $267.68M | $306.10M | $266.71M | $271.97M | $280.88M | $237.21M | $285.66M | $291.92M | $177.24M | $440.74M | $171.14M | $170.42M |
| Low Forecast | $338.40M | $336.07M | $330.81M | $323.48M | $328.19M | $324.32M | $317.54M | $316.53M | $319.00M | $321.61M | $321.86M | $246.92M | $304.71M | $304.62M | $313.74M | $224.48M | $230.84M | $288.29M | $255.37M | $204.07M | $254.45M | $259.46M | $267.97M | $158.14M | $272.52M | $278.49M | $169.09M | $293.83M | $163.27M | $162.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | -0.04% | 0.97% | 0.98% | 0.93% | 1.01% | 1.09% | 1.11% | 1.11% | 1.11% | 1.61% | 1.14% | 1.15% | 1.27% | 0.58% | 1.28% | 1.16% |
First Horizon's average Quarter SG&A projection for Dec 23 is $308.41M, based on 7 Wall Street analysts, with a range of $304.71M to $311.05M. The forecast indicates a 16.38% rise compared to FHN last annual SG&A of $265.00M (Sep 23).
First Horizon EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 4 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.23 | $0.56 | $0.45 | $0.48 | $0.48 | $0.31 | $0.35 | $0.43 | $0.41 | $0.54 | $0.41 | $0.42 | $0.95 | $0.17 | $0.04 | $0.38 | $0.35 |
| Avg Forecast | $0.46 | $0.46 | $0.43 | $0.40 | $0.42 | $0.41 | $0.38 | $0.36 | $0.38 | $0.37 | $0.30 | $0.33 | $0.27 | $0.24 | $0.65 | $0.47 | $0.52 | $0.44 | $0.35 | $0.32 | $0.33 | $0.35 | $0.39 | $0.35 | $0.28 | $0.51 | $0.13 | $0.31 | $0.41 | $0.42 |
| High Forecast | $0.47 | $0.47 | $0.44 | $0.41 | $0.43 | $0.42 | $0.38 | $0.39 | $0.39 | $0.37 | $0.30 | $0.33 | $0.29 | $0.24 | $0.66 | $0.48 | $0.53 | $0.45 | $0.36 | $0.33 | $0.34 | $0.36 | $0.41 | $0.36 | $0.29 | $0.53 | $0.13 | $0.31 | $0.42 | $0.43 |
| Low Forecast | $0.45 | $0.45 | $0.41 | $0.39 | $0.41 | $0.39 | $0.37 | $0.33 | $0.37 | $0.37 | $0.30 | $0.33 | $0.25 | $0.23 | $0.63 | $0.46 | $0.50 | $0.42 | $0.34 | $0.31 | $0.32 | $0.34 | $0.38 | $0.34 | $0.27 | $0.50 | $0.13 | $0.30 | $0.40 | $0.40 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.86% | 0.95% | 0.92% | 1.09% | 0.89% | 1.08% | 1.31% | 1.18% | 1.37% | 1.17% | 1.49% | 1.85% | 1.31% | 0.13% | 0.92% | 0.84% |
According to 7 Wall Street analysts, First Horizon's projected average Quarter EPS for Dec 23 is $0.27, with a low estimate of $0.25 and a high estimate of $0.29. This represents a 16.41% increase compared to FHN previous annual EPS of $0.23 (Sep 23).
First Horizon Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PACW | PacWest Bancorp | - | - | 357.56% | Hold |
| TFC | Truist Financial | - | - | 11.61% | Buy |
| USB | U.S. Bancorp | - | - | 4.92% | Buy |
| WAL | Western Alliance Ban | - | - | -1.76% | Buy |
| CFG | Citizens Financial Group | - | - | -1.83% | Hold |
| CMA | Comerica | - | - | -1.97% | Buy |
| ZION | Zions Bancorporation, National Association | - | - | -3.40% | Hold |
| KEY | KeyCorp | - | - | -4.39% | Buy |
| HBAN | Huntington Bancshares | - | - | -8.33% | Buy |
| FHN | First Horizon | - | - | -8.74% | Buy |
| MTB | M&T Bank | - | - | -10.13% | Buy |
| FITB | Fifth Third Bancorp | - | - | -16.64% | Buy |