First Horizon National Corporation (NYSE:FHN) registered a -1.66% decrease, still its new closing price is 73.28% up from the company’s 1 year high of 20.84.It posted -5.04% losses in previous 5 sessions and is now the subject of 12 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The 17 stock analysts following this company have an average price target at $21.37, with individual PT in the $18.50-$25.00 range. The shares moved at $19.58, implying that brokerage firms see shares gaining about 59.94% in twelve months time.
First Horizon National Corporation (FHN) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -2.15% fall year to date. A EVP & Chief HR Officer at First Horizon National Corporation (FHN) offloaded shares in a transaction closed on Wednesday November 09, 2016. Daniel John M sold 42,531 shares in the company at $16 each and collected $680,001 in proceeds. Daniel John M now owns 250,826 shares in the company after this transaction. A President-Banking in the company, POPWELL DAVID T, disclosed a transaction on Tuesday September 06, 2016 that ended up generating $1,669,001 from the sale of 110,422 shares at $15.12 per share.
First Horizon National Corporation (NYSE:FHN) Upcoming Results on Tap
First Horizon National Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.23 in that period. Sales during the quarter are predicted to arrive at $324.21 million.
Earnings surprise history: Last quarter, the company posted approximately $319.63 million in revenue and EPS of $0.23. The mean forecast was for $330.71 million and $0.25 a share, respectively. One quarter earlier, revenue for the stock was at $333.74 million, with earnings at $0.27/share.
First Horizon National Corporation (FHN) Brokerage Update
First Horizon National Corporation (FHN) is in Wells Fargo’s research list so their analyst rating change is noteworthy. These shares were upgraded to Market Perform from Underperform by Wells Fargo, according to news reported on Monday January 09, 2017.Another important research note was issued by JP Morgan on Thursday January 05, 2017.The firm upgraded FHN to Overweight from Neutral. Over the last six months and over the last three months, the shares of First Horizon National Corporation (FHN), have changed 34.83% and 27.33%, respectively.
