First Horizon National Corporation (FHN) EPS Estimated At $0.28

Marco Green
December 16, 2017

FHN's profit will be $65.59M for 17.68 P/E if the $0.28 EPS becomes a reality.

The stock decreased 0.25% or $0.05 during the last trading session, reaching $19.8. About 36.47 million shares traded or 96.81% up from the average. First Horizon National now has an average rating of Hold and a consensus price target of $21.00. The total dollar value of all 232.87 million outstanding shares is 4.61 billion. The Company's platform covers various local business categories, including restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others. It has a 9.7 P/E ratio. The firm acquired 2,636,696 shares of the financial services provider's stock, valued at approximately $50,493,000. High ratio reveals positive future performance and investors are willing to pay more. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return. The stock now has an average rating of "Hold" and a consensus target price of $21.00. The stock of Novavax, Inc. The firm has "Buy" rating by Rosenblatt given on Tuesday, March 8. (NYSE:YELP) has "Buy" rating given on Monday, September 26 by Maxim Group. As per Tuesday, October 10, the company rating was maintained by Jefferies. 675,328 were accumulated by Parametric Portfolio Assoc Ltd Com. Following the transaction, the chief financial officer now owns 233,890 shares in the company, valued at $4,329,303.90. Hedge funds and other institutional investors own 89.03% of the company's stock. The direction of this stock is getting Weakest.This is an indicator for investors to know whether the stock is heading towards a Buy or Sell, or whether the Hold is advancing towards a Buy or a Sell. The stock increased 1.10% or $0.65 during the last trading session, reaching $59.87. Yelp Inc. (YELP) has risen 12.71% since December 15, 2016 and is uptrending. It has underperformed by 16.70% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 29 insider sales for $14.47 million activity.

Analysts await Novavax, Inc. (NYSE:YELP) to report earnings on February, 8. The financial services provider reported $0.32 EPS for the quarter, topping the Zacks' consensus estimate of $0.30 by $0.02. After $-0.15 actual EPS reported by Novavax, Inc. for the previous quarter, Wall Street now forecasts 6.67% negative EPS growth.

Among 18 analysts covering First Horizon National Corporation (NYSE:FHN), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive.

For the Current Quarter, the growth estimate for First Horizon National Corporation is 30.4%, while for the Next Quarter the stock growth estimate is 21.7%. The rating was maintained by Barclays Capital with "Equalweight" on Monday, July 18. The firm earned "Hold" rating on Tuesday, January 26 by Deutsche Bank. The stock has "Outperform" rating by Raymond James on Monday, October 16. First Horizon National Corporation pays out 37.1% of its earnings in the form of a dividend. A 4 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of CDK or, if they already own its stock, sell it. RBC Capital Markets has "Hold" rating and $20.0 target. The rating was upgraded by Mizuho to "Buy" on Thursday, October 13. The firm has "Neutral" rating by Bank of America given on Thursday, December 15. Piper Jaffray upgraded Wells Fargo & Company (NYSE:WFC) rating on Tuesday, April 11. It last reported revenues of $322.23 million and EPS of $0.32 for the September 2017, representing -3% top-line growth and 0.27 EPS growth.

Community Trust Bancorp has a beta of 0.69, meaning that its share price is 31% less volatile than the S&P 500. Savings Bank Of New York Mellon reported 0.02% of its portfolio in First Horizon National Corporation (NYSE:FHN). ValuEngine lowered shares of First Horizon National from a "buy" rating to a "hold" rating in a research note on Friday, September 1st. Huber Capital Management Lc holds 1.84% in First Horizon National Corporation (NYSE:FHN) or 2.07M shares.

Masco Corporation (NYSE:MAS) closed at $41.85 a share in the latest session and the stock value rose nearly 32.35% since the beginning of this year. Citadel Advsr Ltd Limited Liability Company has 308,566 shares for 0% of their portfolio. Quantitative Mgmt Ltd Liability Corporation owns 138,900 shares. Ledyard Bancorporation has 0% invested in First Horizon National Corporation (NYSE:FHN) for 1,194 shares. D E Shaw & Communication holds 283,697 shares or 0.01% of its portfolio. Pacad Invest Ltd, British Columbia - Canada-based fund reported 13,900 shares. Jacobs Levy Equity Incorporated stated it has 212,100 shares. Glenmede Trust Na invested in 0% or 403 shares. Jefferies maintained First Horizon National Corporation (NYSE:FHN) on Wednesday, June 14 with "Buy" rating. Hovde Group upped their price objective on First Horizon National from $20.00 to $21.00 and gave the company a market perform rating in a research report on Monday, October 16th. State Street Corp now owns 14,203,778 shares of the financial services provider's stock worth $247,425,000 after acquiring an additional 850,609 shares during the last quarter. Mason Street Advsrs Limited Liability Corp owns 114,203 shares or 0.05% of their U.S. portfolio.

Forest Hill Capital Llc decreased Banc Of California Inc (NYSE:BANC) stake by 18,500 shares to 558,776 valued at $12.01 million in 2017Q2. 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: "R. Brad Martin retires from First Horizon board" with publication date: December 04, 2017.

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