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FHN -- USA Stock

USD 16.20 0.19 1.16%

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First Horizon National is scheduled to announce its earnings today. The next earnings report is expected on the 20th of April 2021. First Horizon PPandE Turnover is quite stable at the moment as compared to the past year. The company's current value of PPandE Turnover is estimated at 5.57. Revenue to Assets is expected to rise to 0.06 this year, although the value of Revenue Per Employee will most likely fall to about 354.5 K. As many millenniums are trying to avoid financial services space, it makes sense to outline First Horizon National a little further and try to understand its current market patterns.

Published over a month ago

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How much will First Horizon owe in February?

First Horizon National has 4.41 B in debt with debt to equity (D/E) ratio of 10.05, demonstrating that First Horizon National may be unable to create cash to meet all of its financial commitments. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. First Horizon has an asset utilization ratio of 7.41 percent. This suggests that the company is making $0.0741 for each dollar of assets. An increasing asset utilization means that First Horizon National is more efficient with each dollar of assets it utilizes for everyday operations.

First Horizon financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of First Horizon, including all of First Horizon's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of First Horizon assets, the company is considered highly leveraged. Understanding the composition and structure of overall First Horizon debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it.

Please read more on our technical analysis page.

Understanding First Total Debt

First Horizon Corp liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. First Horizon Corp has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on First Horizon balance sheet include debt obligations and money owed to different First Horizon vendors, workers, and loan providers. Below is the chart of First main long-term debt accounts currently reported on its balance sheet.

You can use First Horizon Corp financial leverage analysis tool to get a better grip on understanding its financial position

How important is First Horizon's Liquidity

First Horizon financial leverage refers to using borrowed capital as a funding source to finance First Horizon Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. First Horizon financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between First Horizon's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.

It is good to see analyst projects for First Horizon, but it might be worth checking our own buy vs. sell analysis

Exercise or conversion by Anthony Restel of 14086 shares of First Horizon subject to Rule 16b-3

Legal trades by First Horizon insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:

First insider trading alert for exercise of stock options (right to buy) by Anthony Restel, SEVP Chief Operating Officer, on 17th of February 2021. This event was filed by First Horizon Corp with SEC on 2021-02-17. Statement of changes in beneficial ownership - SEC Form 4. Anthony Restel currently serves as chief operating officer of the corporation and the bank of First Horizon Corp [view details]

Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Detailed Perspective On First Horizon

The entity reported the last year's revenue of 1.94 B. Total Income to common stockholders was 704.5 M with profit before taxes, overhead, and interest of 1.82 B.

How will First institutional investors react to the next slide?

The variance is down to 10.34 as of today. First Horizon National currently demonstrates below-verage downside deviation. It has Information Ratio of 0.15 and Jensen Alpha of 0.36. However, we do advice investors to further question First Horizon National expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Final Perspective on First Horizon

Whereas other entities under the banks?regional industry are still a bit expensive, First Horizon may offer a potential longer-term growth to institutional investors. With an optimistic outlook on your 30 days horizon, it may be a good time to trade new shares of First or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to First Horizon.

About Contributor

Ellen Johnson is a Member of Macroaxs Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of First Horizon Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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