(VIANEWS) – Shares of First Horizon National (NYSE: FHN) fell by a staggering 29.43% in 21 sessions from $24.77 to $17.48 at 12:53 EST on Wednesday, following the last session’s downward trend. NYSE is rising 0.84% to $15,074.89, after three sequential sessions in a row of gains.
First Horizon National’s last close was $17.23, 30.86% below its 52-week high of $24.92.
About First Horizon National
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also underwrites bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers various services, such as mortgage banking; title insurance and loan-closing; brokerage; correspondent banking; nationwide check clearing and remittance processing; trust, fiduciary, and agency; equipment finance; and investment and financial advisory services. Further, the company sells mutual fund and retail insurance products; and credit cards. It operates approximately 500 banking offices in 22 states under the First Horizon Bank brand; and 400 banking centers in 12 states under the FHN Financial brand in the United States. The company was formerly known as First Horizon National Corporation and changed its name to First Horizon Corporation in November 2020. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.
Earnings Per Share
As for profitability, First Horizon National has a trailing twelve months EPS of $2.08.
PE Ratio
First Horizon National has a trailing twelve months price to earnings ratio of 8.4. Meaning, the purchaser of the share is investing $8.4 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.7%.
Moving Average
First Horizon National’s worth is way below its 50-day moving average of $22.38 and way under its 200-day moving average of $23.10.
Volume
Today’s last reported volume for First Horizon National is 3244401 which is 59.43% below its average volume of 7827470.
Yearly Top and Bottom Value
First Horizon National’s stock is valued at $17.48 at 12:53 EST, way below its 52-week high of $24.92 and way above its 52-week low of $13.40.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 38.9% and 44.1%, respectively.
More news about First Horizon National (FHN).
