Looking at top Wall Street opinions, First Horizon National Corporation (NYSE: FHN) has recently made its way into the research list of Evercore ISI – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of In-line in the eyes of Evercore ISI, whereas its previous rating was Outperform in the eyes of Evercore ISI, as reported on Friday, January 25th, 2019. Another heavy-hitting research note was published by BofA/Merrill on Tuesday January 22nd, 2019, with this firm downgrading FHN to an updated rating of Underperform from its previous rating of Neutral. In the past six months and three months of trading, shares of First Horizon National Corporation (FHN) have moved by -15.82% and -7.44%, respectively.
Brokerage Updates Related to First Horizon National Corporation (FHN) Stock
This publicly-traded organization generated gains of 2.87% over the last 5 sessions. Right now, this stock is the subject of 19 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 1 have given an underperform rating, 0 has given a sell rating, and 5 have given a rating of Buy or better. Based on the 19 stock market experts following this company, the average 12-month price target is $17.12. Moreover, individual price targets range between $15.00-$20.00. With its recent move to $16.25, we can see that these firms project this stock will loss by -17.44% in one year.
Updates from First Horizon National Corporation (FHN) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.60% rise since the beginning of the calendar year. A Director at First Horizon National Corporation (FHN) bought some of its shares in a transaction that was finalized on Dec 10. Similarly, Valine Yousef A. bought 3,000 shares of the organization’s stock at $16.29 apiece and racked up $48,870 in earnings from the purchase. Now, Valine Yousef A. holds 182,363 shares of the company following the exchange. A Director of the organization named NISWONGER SCOTT M, was engaged in a transaction that occurred on Oct 19 that managed to be worth $788,244 from the purchase of 50,000 common shares at a price of $15.76 per individual share.
First Horizon National Corporation (NYSE:FHN) Results in the Pipeline
The next scheduled release of financial results for First Horizon National Corporation will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.36. In the same vein, they expect sales for the quarter to amount to $442.52 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $412.81 million in revenue alongside EPS at $0.35. On average, the analyst projection was calling for $441.81 million with $0.36 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $438.46 million, with earnings per share ending up at $0.36.
F.N.B. Corporation (NYSE:FNB) experienced a gain of 0.84% from the closing price in the previous trading day. That boost the price to $11.97 per share, as observed on February 11th, 2019, at a time when the total trading volume reached 2,188,026 shares of stock – compared to the typical average of 2.84M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $13.30.
Pricing Indications for F.N.B. Corporation (FNB)
This organization has had a price-to-earnings ratio of 10.70 in the last year. In the most recent trading session, the daily high was $12, bringing the per-share value 0.84% high its 52-week high and about -19.75% more expensive than its 52-week low. Meanwhile, it gained 11.01 from its observable 50-day simple moving average. Right at this moment, the per-share value is -4.53% lower than the mean per-share price over the last 200 days in the market.
F.N.B. Corporation (NYSE:FNB) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 4 have a Buy rating, 4 have an outperform rating, while 3 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at , based on information from Thomson Reuters.
FNB Stock Value Potential
In trading activity as of late, this stock’s value was 12.53 up from its 200 day moving average, while also 8.71% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $12.00-$14.50. The market value for the entire organization reached 3.91B. After the trading day started off at the price of $11.97, these shares nearly bottomed out at its low price of $11.86 and nearly peaked at $12 as its full-day high price. In the last trading session, the price ended the day at $11.87. The institutional holdings related to this organization account for 0.30%, and the Beta factor is now 1.20. This company’s RSI (Relative Strength Index) managed to hit 66.77.
F.N.B. Corporation (NYSE:FNB) Analyst Points of Focus
F.N.B. Corporation (FNB) has found itself inside of Raymond James’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to Outperform, compared to its previous rating of Strong Buy by Raymond James, as garnered from a news report on Wednesday July 25th, 2018. An additional helpful research note was sent out by Stephens’s on Wednesday December 13th, 2017. The brokerage decided to initiated FNB to Equal-Weight.