$0.28 EPS Expected for First Horizon National Corporation (FHN)

December 26, 2017 – By Darrin Black

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.09, from 1.04 in 2017Q2. It worsened, as 38 investors sold First Horizon National Corporation shares while 67 reduced holdings. 26 funds opened positions while 74 raised stakes. 204.94 million shares or 3.94% more from 197.17 million shares in 2017Q2 were reported.
M&T Retail Bank Corp invested in 13,030 shares or 0% of the stock. Goldman Sachs Gp holds 3.95 million shares or 0.02% of its portfolio. Patten Gp stated it has 0.04% of its portfolio in First Horizon National Corporation (NYSE:FHN). Aqr Capital Mngmt Ltd Limited Liability Company invested in 0% or 62,657 shares. Loomis Sayles Lp invested 0% in First Horizon National Corporation (NYSE:FHN). Metropolitan Life Ny owns 0.03% invested in First Horizon National Corporation (NYSE:FHN) for 220,198 shares. Schulhoff & reported 16,697 shares. 65,337 are held by Ghp. Legal & General Pcl stated it has 0% in First Horizon National Corporation (NYSE:FHN). Ftb Advsr reported 0.82% in First Horizon National Corporation (NYSE:FHN). Amalgamated Bancorporation invested in 0.03% or 44,173 shares. Jane Street Group Limited Liability Corp holds 0.01% of its portfolio in First Horizon National Corporation (NYSE:FHN) for 104,476 shares. Advantus Cap Mgmt stated it has 0.01% of its portfolio in First Horizon National Corporation (NYSE:FHN). United Capital Advisers Ltd Liability, California-based fund reported 10,366 shares. State Common Retirement Fund reported 512,700 shares.

Since September 26, 2017, it had 0 insider purchases, and 3 insider sales for $1.01 million activity. Losch William C III also sold $840,179 worth of First Horizon National Corporation (NYSE:FHN) shares.

Analysts expect First Horizon National Corporation (NYSE:FHN) to report $0.28 EPS on January, 12.They anticipate $0.05 EPS change or 21.74 % from last quarter’s $0.23 EPS. FHN’s profit would be $65.58M giving it 18.16 P/E if the $0.28 EPS is correct. After having $0.32 EPS previously, First Horizon National Corporation’s analysts see -12.50 % EPS growth. The stock decreased 0.68% or $0.14 during the last trading session, reaching $20.34. About 2.09M shares traded. First Horizon National Corporation (NYSE:FHN) has risen 21.88% since December 26, 2016 and is uptrending. It has outperformed by 5.18% the S&P500.

First Horizon National Corporation (NYSE:FHN) Ratings Coverage

Among 18 analysts covering First Horizon National Corporation (NYSE:FHN), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. First Horizon National Corporation had 49 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of First Horizon National Corporation (NYSE:FHN) earned “Buy” rating by SunTrust on Tuesday, November 28. RBC Capital Markets maintained First Horizon National Corporation (NYSE:FHN) rating on Wednesday, January 20. RBC Capital Markets has “Sector Perform” rating and $14 target. On Friday, May 5 the stock rating was maintained by Stephens with “Hold”. Jefferies maintained it with “Buy” rating and $22.0 target in Friday, September 22 report. Vining Sparks maintained First Horizon National Corporation (NYSE:FHN) on Wednesday, April 19 with “Outperform” rating. The firm has “Buy” rating given on Tuesday, October 10 by Jefferies. The rating was upgraded by Raymond James on Wednesday, November 8 to “Strong Buy”. The stock has “Buy” rating by Guggenheim on Thursday, October 8. The company was maintained on Wednesday, December 13 by Morgan Stanley. Keefe Bruyette & Woods maintained First Horizon National Corporation (NYSE:FHN) on Monday, June 12 with “Buy” rating.

First Horizon National Corporation operates as the bank holding firm for First Tennessee Bank National Association that provides various financial services in the United States and internationally. The company has market cap of $4.76 billion. The firm offers general banking services for consumers, businesses, financial institutions, and governments. It has a 18 P/E ratio. It also provides investment, financial planning, trust, asset management, and cash management services.

More notable recent First Horizon National Corporation (NYSE:FHN) news were published by: Bizjournals.com which released: “First Horizon: Merging culture in the wake of a $2.2B acquisition” on December 20, 2017, also Globenewswire.com with their article: “R. Brad Martin retires from First Horizon board” published on December 04, 2017, Globenewswire.com published: “First Horizon announces bonus for employees” on December 22, 2017. More interesting news about First Horizon National Corporation (NYSE:FHN) were released by: Bizjournals.com and their article: “First Horizon completes $2.2 billion transaction” published on December 01, 2017 as well as Globenewswire.com‘s news article titled: “First Horizon Announces Final Capital Bank Financial Merger Consideration …” with publication date: December 07, 2017.