First Horizon Corporation (FHN)
First Horizon Statistics
Share Statistics
First Horizon has 507M shares outstanding. The number of shares has increased by -5.98% in one year.
| Shares Outstanding | 507M |
| Shares Change (YoY) | -5.98% |
| Shares Change (QoQ) | -3.01% |
| Owned by Institutions (%) | 82.69% |
| Shares Floating | 500.26M |
| Failed to Deliver (FTD) Shares | 21 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 11.47M, so 2.26% of the outstanding shares have been sold short.
| Short Interest | 11.47M |
| Short % of Shares Out | 2.26% |
| Short % of Float | 2.99% |
| Short Ratio (days to cover) | 1.45 |
Valuation Ratios
The PE ratio is 14.04 and the forward PE ratio is 9.41. First Horizon's PEG ratio is -1.06.
| PE Ratio | 14.04 |
| Forward PE | 9.41 |
| PS Ratio | 9.42 |
| Forward PS | 2.5 |
| PB Ratio | 1.19 |
| P/FCF Ratio | 8.58 |
| PEG Ratio | -1.06 |
Enterprise Valuation
First Horizon has an Enterprise Value (EV) of 13.38B.
| EV / Sales | 11.58 |
| EV / EBITDA | 0 |
| EV / EBIT | 10.55 |
| EV / FCF | 10.55 |
Financial Position
The company has a current ratio of 2.59, with a Debt / Equity ratio of 0.37.
| Current Ratio | 2.59 |
| Quick Ratio | 2.59 |
| Debt / Equity | 0.37 |
| Debt / EBITDA | - |
| Debt / FCF | 2.68 |
| Interest Coverage | -1.6 |
Financial Efficiency
Return on Equity is 8.51% and Return on Invested Capital is -21.11%.
| Return on Equity | 8.51% |
| Return on Assets | 0.94% |
| Return on Invested Capital | -21.11% |
| Revenue Per Employee | $160.64K |
| Profits Per Employee | $107.79K |
| Employee Count | 7,190 |
| Asset Turnover | 0.01 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 211M |
| Effective Tax Rate | 21% |
Stock Price Statistics
The stock price has increased by 21.51% in the last 52 weeks. The beta is 0.62, so First Horizon's price volatility has been higher than the market average.
| Beta | 0.62 |
| 52-Week Price Change | 21.51% |
| 50-Day Moving Average | 18.88 |
| 200-Day Moving Average | 18.4 |
| Relative Strength Index (RSI) | 51.71 |
| Average Volume (20 Days) | 6.48M |
Income Statement
In the last 12 months, First Horizon had revenue of 1.16B and earned 775M in profits. Earnings per share was 1.37.
| Revenue | 1.16B |
| Gross Profit | 1.16B |
| Operating Income | -2.95B |
| Net Income | 775M |
| EBITDA | 0 |
| EBIT | -101M |
| Earnings Per Share (EPS) | 1.37 |
Balance Sheet
The company has 906M in cash and 3.4B in debt, giving a net cash position of -2.49B.
| Cash & Cash Equivalents | 906M |
| Total Debt | 3.4B |
| Net Cash | -2.49B |
| Retained Earnings | 4.38B |
| Total Assets | 82.15B |
| Working Capital | 8.94B |
Cash Flow
In the last 12 months, operating cash flow was 1.27B and capital expenditures 0, giving a free cash flow of 1.27B.
| Operating Cash Flow | 1.27B |
| Capital Expenditures | 0 |
| Free Cash Flow | 1.27B |
| FCF Per Share | 2.35 |
Margins
Gross margin is 100%, with operating and profit margins of -255.15% and 67.1%.
| Gross Margin | 100% |
| Operating Margin | -255.15% |
| Pretax Margin | 87.01% |
| Profit Margin | 67.1% |
| EBITDA Margin | n/a |
| EBIT Margin | -255.15% |
| FCF Margin | 109.78% |
Dividends & Yields
FHN pays an annual dividend of $0.75, which amounts to a dividend yield of 3.15%.
| Dividend Per Share | $0.75 |
| Dividend Yield | 3.15% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 52.08% |
| Earnings Yield | 7.12% |
| FCF Yield | 11.65% |
Analyst Forecast
The average price target for FHN is $22, which is 21.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $22 |
| Price Target Difference | 21.3% |
| Analyst Consensus | Buy |
| Analyst Count | 15 |
Stock Splits
The last stock split was on Dec 8, 2010. It was a forward split with a ratio of 509:500.
| Last Split Date | Dec 8, 2010 |
| Split Type | forward |
| Split Ratio | 509:500 |
Scores
| Altman Z-Score | 0.32 |
| Piotroski F-Score | 6 |