First Horizon National Corp (FHN): Today's Featured Financial Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
.
(
) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day down 0.1%. By the end of trading, First Horizon National rose 23 cents (2.5%) to $9.27 on average volume. Throughout the day, 3.7 million shares of First Horizon National exchanged hands as compared to its average daily volume of 4.2 million shares. The stock ranged in a price between $9.05-$9.34 after having opened the day at $9.07 as compared to the previous trading day's close of $9.04. Other companies within the Financial sector that increased today were:
(
), up 14%,
(
), up 14%,
(
), up 12%, and
Farmers Capital Bank Corporation
(
), up 10.9%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
First Horizon National Corporation operates as a bank holding company for First Tennessee Bank National Association that provides various financial services. It offers general banking services for consumers, businesses, financial institutions, and governments. First Horizon National has a market cap of $2.24 billion and is part of the banking industry. The company has a P/E ratio of -90, below the S&P 500 P/E ratio of 17.7. Shares are up 12.5% year to date as of the close of trading on Friday. Currently there are eight analysts that rate First Horizon National a buy, two analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates First Horizon National as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, deteriorating net income and feeble growth in the company's earnings per share.
- You can view the full First Horizon Ratings Report.
- Use our financial section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider
(
) while those bearish on the financial sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!
.
null