FHN
First Horizon Corporation Financial Services - Banking Investor Relations →
First Horizon Corporation (FHN) closed at $26.23 as of 2026-02-02, trading 49.6% above its 200-week moving average of $17.53. The stock moved further from the line this week, up from 39.9% last week. With a 14-week RSI of 85, FHN is in overbought territory.
Over the past 2346 weeks of data, FHN has crossed below its 200-week moving average 28 times. On average, these episodes lasted 23 weeks. Historically, investors who bought FHN at the start of these episodes saw an average one-year return of +10.1%.
With a market cap of $12.9 billion, FHN is a large-cap stock. Return on equity stands at 10.9%. The stock trades at 1.5x book value.
Over the past 33.2 years, a hypothetical investment of $100 in FHN would have grown to $712, compared to $2849 for the S&P 500. FHN has returned 6.1% annualized vs 10.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: FHN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After FHN Crosses Below the Line?
Across 19 historical episodes, buying FHN when it crossed below its 200-week moving average produced an average return of +8.8% after 12 months (median +19.0%), compared to +16.8% for the S&P 500 over the same periods. 67% of those episodes were profitable after one year. After 24 months, the average return was +7.7% vs +24.7% for the index.
Each line shows $100 invested at the moment FHN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
FHN has crossed below its 200-week MA 28 times with an average 1-year return of +10.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 1981 | Mar 1981 | 3 | 3.4% | +20.0% | +7216.2% |
| Mar 1982 | Mar 1982 | 2 | 1.1% | +41.7% | +6335.5% |
| Aug 1982 | Aug 1982 | 1 | 2.5% | +55.6% | +6335.5% |
| Oct 1987 | Mar 1988 | 21 | 21.8% | +22.8% | +2227.8% |
| Apr 1988 | Sep 1988 | 21 | 12.6% | +15.7% | +2073.8% |
| Dec 1988 | Mar 1989 | 15 | 7.8% | -0.8% | +1960.5% |
| Jun 1989 | Jul 1989 | 5 | 5.3% | -12.6% | +1863.0% |
| Dec 1989 | Jan 1990 | 5 | 7.7% | -10.0% | +1828.9% |
| Jan 1990 | Jan 1991 | 53 | 23.7% | -5.7% | +1904.9% |
| Jan 2000 | Dec 2000 | 48 | 40.6% | +22.4% | +126.7% |
| Sep 2005 | Oct 2005 | 5 | 6.2% | +9.0% | +27.0% |
| Jan 2006 | Feb 2006 | 4 | 2.9% | +12.6% | +25.6% |
| Aug 2006 | Sep 2006 | 2 | 1.7% | -15.9% | +19.6% |
| Sep 2006 | Oct 2006 | 4 | 1.1% | -26.3% | +18.8% |
| Jul 2007 | Feb 2013 | 290 | 78.4% | -74.9% | +20.7% |
| Apr 2013 | Apr 2013 | 3 | 5.0% | +22.0% | +272.0% |
| Oct 2018 | Oct 2018 | 2 | 3.4% | +3.2% | +121.2% |
| Dec 2018 | Jul 2019 | 32 | 20.0% | +9.8% | +128.5% |
| Aug 2019 | Aug 2019 | 2 | 3.1% | -32.2% | +115.7% |
| Oct 2019 | Oct 2019 | 1 | 1.5% | -28.7% | +114.4% |
| Feb 2020 | Jan 2021 | 45 | 54.3% | +28.6% | +147.9% |
| Jan 2021 | Feb 2021 | 1 | 1.7% | +29.0% | +124.8% |
| Mar 2023 | Mar 2023 | 1 | 6.8% | +3.0% | +96.7% |
| May 2023 | Apr 2024 | 52 | 39.6% | +51.4% | +165.9% |
| Jun 2024 | Jul 2024 | 5 | 9.7% | +38.6% | +82.0% |
| Jul 2024 | Aug 2024 | 3 | 6.0% | +43.9% | +79.1% |
| Sep 2024 | Oct 2024 | 5 | 4.5% | +49.8% | +79.0% |
| Mar 2025 | Apr 2025 | 1 | 1.7% | N/A | +65.2% |
| Average | 23 | — | +10.1% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02