First Horizon National Corp (NYSE:FHN) had declared a cash dividend of $0.0700 on Jul 26, 2016. The shares will quote ex-dividend on Sep 7, 2016 and the record date has been fixed for Sep 9, 2016. On Jul 26, 2016 share price, the yield comes out to be 1.9022%. The dividend payable date has been fixed on Oct 3, 2016.
In a different note, On Jul 18, 2016, Barclays said it Maintains its rating on First Horizon National Corp. In the research note, the firm Raises the price-target to $15.00 per share. The shares have been rated ‘Equalweight’ by the firm.
First Horizon National Corp (FHN) shares turned negative on Fridays trading session with the shares closing down -0.13 points or -0.88% at a volume of 37,87,463. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $14.74. The peak price level was also seen at $14.74 while the days lowest was $14.545. Finally the shares closed at $14.56. The 52-week high of the shares is $16.22 while the 52-week low is $11.51. According to the latest information available, the market cap of the company is $3,386 M.
First Horizon National Corp(FHN) last announced its earnings results on Jul 15, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $321.78M. Analysts had an estimated revenue of $313.36M. Earnings per share were $0.24. Analysts had estimated an EPS of $0.23.
Several Insider Transactions has been reported to the SEC. On Jun 14, 2016, R Brad Martin (director) purchased 533 shares at $26.12 per share price.Also, On Jun 13, 2016, Vicki R Palmer (director) sold 6,362 shares at $13.93 per share price.On May 16, 2016, William C Iii Losch (EVP and CFO) sold 18,200 shares at $13.73 per share price, according to the Form-4 filing with the securities and exchange commission.
First Horizon National Corporation (FHN) is a bank holding company. The Company provides financial services through its subsidiary First Tennessee Bank National Association (the Bank). FHN operates through four segments: regional banking capital markets corporate and non-strategic. As of December 31 2014 FHNs subsidiaries had over 200 business locations in the United States and Hong Kong. As of December 31 2014 the Bank had 182 branch locations in seven states: 168 branches in Tennessee; 2 branches in northwestern Georgia; 7 branches in northwestern Mississippi; 2 branches in North Carolina and one branch each in Virginia South Carolina and Florida. At December 31 2014 FTN Financial products and services were offered through 27 offices in total including 26 offices in 16 states across the United States plus an office in Hong Kong.