First Horizon Stock

First Horizon P/S 2024

First Horizon P/S

2.66

Ticker

FHN

ISIN

US3205171057

WKN

A0CAN7

As of Oct 24, 2024, First Horizon's P/S ratio stood at 2.66, a 129.31% change from the 1.16 P/S ratio recorded in the previous year.

The First Horizon P/S history

First Horizon Aktienanalyse

What does First Horizon do?

First Horizon Corporation (First Horizon Corp) is a financial services company specializing in customers in the southern states of the USA. It offers a wide range of products and services including deposit accounts, loans, mortgages, insurance, and asset management. The company operates in several business sectors including retail banking, commercial banking, wealth management, and correspondent banking. First Horizon Corp provides unique products and services such as the Financial Wellbeing program and the PowerShares Financial Ratings program. The company has experienced impressive growth in recent years, including the acquisition of IBERIABANK, making it one of the largest banks in the southern states with a strong presence in Florida, Georgia, Louisiana, and Texas. The future prospects for First Horizon Corp are optimistic, with the company well-positioned to continue growing and maintaining its position as a leading financial services provider in the southern states of the USA. First Horizon ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding First Horizon's P/S Ratio

First Horizon's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing First Horizon's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating First Horizon's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in First Horizon’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about First Horizon stock

What is the price-to-earnings ratio of First Horizon?

The price-earnings ratio of First Horizon is currently 2.66.

How has the price-earnings ratio of First Horizon changed compared to last year?

The price-to-earnings ratio of First Horizon has increased by 129.31% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of First Horizon high compared to other companies?

Yes, the price-to-earnings ratio of First Horizon is high compared to other companies.

How does an increase in the price-earnings ratio of First Horizon affect the company?

An increase in the price-earnings ratio of First Horizon would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of First Horizon affect the company?

A decrease in the price-earnings ratio of First Horizon would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of First Horizon?

Some factors that influence the price-earnings ratio of First Horizon are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does First Horizon pay?

Over the past 12 months, First Horizon paid a dividend of 0.6 USD . This corresponds to a dividend yield of about 3.49 %. For the coming 12 months, First Horizon is expected to pay a dividend of 0.64 USD.

What is the dividend yield of First Horizon?

The current dividend yield of First Horizon is 3.49 %.

When does First Horizon pay dividends?

First Horizon pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of First Horizon?

First Horizon paid dividends every year for the past 16 years.

What is the dividend of First Horizon?

For the upcoming 12 months, dividends amounting to 0.64 USD are expected. This corresponds to a dividend yield of 3.72 %.

In which sector is First Horizon located?

First Horizon is assigned to the 'Finance' sector.

Wann musste ich die Aktien von First Horizon kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of First Horizon from 10/1/2024 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did First Horizon pay the last dividend?

The last dividend was paid out on 10/1/2024.

What was the dividend of First Horizon in the year 2023?

In the year 2023, First Horizon distributed 0.6 USD as dividends.

In which currency does First Horizon pay out the dividend?

The dividends of First Horizon are distributed in USD.

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Andere Kennzahlen von First Horizon

Our stock analysis for First Horizon Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of First Horizon Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.