First Horizon National Corporation stock hits 52-week high at 22.45 USD

First Horizon (NYSE:FHN) National Corporation stock reached a 52-week high of 22.45 USD, marking a significant milestone for the $11.2 billion market cap company. With a P/E ratio of 14.28 and a dividend yield of 2.68%, the bank has maintained consistent dividend payments for 15 consecutive years, according to InvestingPro data. This achievement reflects a strong performance over the past year, with the stock experiencing a notable increase of 36.15%. The company’s financial health and strategic initiatives have likely contributed to this upward trajectory, positioning it favorably in the market. InvestingPro analysis suggests the stock is currently undervalued, with 12 analysts recently revising their earnings expectations upward. As investors continue to monitor economic conditions and corporate developments, First Horizon National Corporation’s stock performance remains a focal point for stakeholders. Discover 8 more exclusive InvestingPro Tips and comprehensive analysis in the Pro Research Report, available with your subscription.

In other recent news, First Horizon National Corporation reported its second-quarter 2025 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $0.45, compared to the forecasted $0.42. However, the company’s revenue slightly missed projections, coming in at $830 million against the expected $831.93 million. Despite this minor revenue shortfall, First Horizon’s financial discipline was evident, with modest expense growth and a focus on sustainable profitability. Citi raised its price target for First Horizon from $22.00 to $25.00, maintaining a Buy rating, citing the company’s strong revenue outlook and effective cost management. The firm highlighted First Horizon’s net loan growth in the second quarter, driven by mortgage activity, and noted the bank’s strong credit performance. With a capital ratio of 11.0%, First Horizon is well-positioned for organic growth, according to Citi. The company remains optimistic about its future, targeting significant improvement in pre-provision net revenue (PPNR) and a return on tangible common equity (ROTCE) of over 15% in the coming years. These developments indicate a positive trajectory for First Horizon, supported by strategic investments and a resilient financial performance.

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