Many analysts have provided their estimated foresights on First Horizon National Corporation Earnings, with 17 analysts believing the company would generate an Average Estimate of $0.26.
A number of hedge funds and other institutional investors have recently made changes to their positions in HZN.
Media stories about Horizon Technology Finance Corporation (NASDAQ:HRZN) have been trending positive on Monday, Accern reports. During the same quarter past year, the firm earned $0.24 EPS. Neuburgh Advisers LLC now owns 7,392 shares of the financial services provider's stock valued at $137,000 after buying an additional 1,024 shares in the last quarter. The current share price indicates that stock is -14.73% away from its one year high and is moving 24.35% ahead of its 52-week low. Oakbrook Investments LLC acquired a new stake in First Horizon National Corporation during the first quarter valued at approximately $191,000.
Beta is also an important valuation ratio for analyzing the stock of the company, FHN has Beta of 1.06 while its industry and Sector's beta remains at 1.56 and 1.54 respectively. The company rocked its 52-Week High of $20.84 and touched its 52-Week Low of $14.29. The company's market cap is $365.55 million. The stock has a 50-day moving average of $14.70 and a 200-day moving average of $17.05. Horizon Technology Finance Corporation has a 1-year low of $9.64 and a 1-year high of $13.95.
First Horizon National Corporation (NYSE FHN) opened at 17.77 on Wednesday. The financial services provider reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.01, Morningstar.com reports. The company had revenue of $203.28 million during the quarter, compared to the consensus estimate of $204.90 million. Horizon Global Corporation had a positive return on equity of 11.48% and a negative net margin of 3.46%. On average, analysts forecast that First Horizon National Corporation will post $1.08 earnings per share for the current fiscal year.
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HZN has been the subject of a number of other reports. Finally, Zacks Investment Research upgraded shares of Horizon Global Corporation from a "hold" rating to a "buy" rating and set a $16.00 price objective for the company in a research report on Wednesday.
Horizon Global Corporation shares had a trading volume of 192K on Friday. Finally, BMO Capital Markets reissued a "buy" rating and set a $18.00 target price on shares of Horizon Global Corporation in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company's stock.
First Horizon National Corporation (FHN) now has P/E (Price to Earnings) ratio of 18.41 while the company's industry has 21.87 P/E and the sector P/E is 29.83.
In other Horizon Global Corporation news, Director Scott G. Kunselman acquired 2,000 shares of the business's stock in a transaction that occurred on Tuesday, May 9th. The company now has a consensus rating of "Hold" and a consensus price target of $19.06. Following the acquisition, the director now owns 11,160 shares in the company, valued at $155,905.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable.