First Horizon Gains 'Strong Buy' Rating After 18.6% Quarterly Climb

Edgen Stock·Feb 05 2026, 05:33

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Key Takeaways

First Horizon National (FHN) has been upgraded to a #1 (Strong Buy) by Zacks Equity Research, signaling strong bullish sentiment from analysts. The rating is supported by significant stock price appreciation and upward revisions to earnings forecasts, positioning the bank holding company as a notable momentum pick.

First Horizon National received a Zacks #1 (Strong Buy) rating, backed by a Momentum Style Score of 'B'.
The stock has gained 18.58% over the past quarter, substantially outpacing the S&P 500's 1.21% return.
Analysts have raised full-year earnings estimates, lifting the consensus target from $1.95 to $2.14 over the past 60 days.

FHN Stock Climbs 18.58% in a Quarter, Outperforming S&P 500

First Horizon National (FHN) demonstrated significant market strength leading up to its upgraded analyst rating on February 4, 2026. The company's shares increased 18.58% over the past quarter, starkly contrasting with the S&P 500's modest 1.21% gain during the same period. This outperformance extends over a longer timeframe, with FHN's stock delivering an 18.14% return in the last year compared to the index's 16.64%.

More recent metrics also show the bank holding company outpacing its peers. Over the past week, FHN shares rose 2.38%, while the Zacks Banks - Southwest industry average was up only 0.3%. The stock's monthly price change of 4.26% also edged out the industry's 4.09% performance. This price activity is supported by a healthy average 20-day trading volume of 6,662,200 shares, indicating solid investor interest.

Analysts Lift Full-Year EPS Estimates to $2.14

A strengthening earnings outlook is a primary driver behind the stock's 'Strong Buy' rating. Over the past 60 days, six analysts have revised their full-year earnings estimates for First Horizon upward, with no downward revisions. This consensus shift increased the company's full-year earnings per share (EPS) estimate from $1.95 to $2.14.

The positive sentiment extends to the next fiscal year, for which three analysts have raised estimates without any corresponding cuts. This pattern of upward revisions is a key factor in the Zacks Rank system and suggests growing confidence in FHN's future profitability, underpinning its new status as a top-rated momentum stock.