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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NYSE:FHI

Federated Hermes (FHI) Stock Price, News & Analysis

$34.96
-0.12 (-0.34%)
(As of 04/18/2024 ET)
Today's Range
$34.94
$35.56
50-Day Range
$34.88
$36.79
52-Week Range
$30.23
$44.29
Volume
466,619 shs
Average Volume
747,256 shs
Market Capitalization
$2.95 billion
P/E Ratio
10.25
Dividend Yield
3.20%
Price Target
$38.50

Federated Hermes MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
10.1% Upside
$38.50 Price Target
Short Interest
Healthy
2.69% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.63mentions of Federated Hermes in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$4.09 M Sold Last Quarter
Proj. Earnings Growth
10.19%
From $3.73 to $4.11 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.63 out of 5 stars

Finance Sector

133rd out of 822 stocks

Investment Advice Industry

8th out of 44 stocks

FHI stock logo

About Federated Hermes Stock (NYSE:FHI)

Federated Hermes, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. The firm makes its fixed income investments in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities. It employs both fundamental and quantitative analysis to make its equity investments. Federated Hermes, Inc. was founded in 1955 and is based in Pittsburgh, Pennsylvania with additional offices in New York City and London, United Kingdom.

FHI Stock Price History

FHI Stock News Headlines

Federated Hermes (FHI) Set to Announce Earnings on Thursday
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
The Analyst Verdict: Federated Hermes In The Eyes Of 5 Experts
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Federated Hermes Inc Class B
Here's Why Federated (FHI) Stock is Worth Buying Right Now
Best Value Stock to Buy for February 20th
Best Income Stocks to Buy for February 20th
See More Headlines
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Company Calendar

Last Earnings
1/26/2024
Ex-Dividend for 2/15 Dividend
2/07/2024
Dividend Payable
2/15/2024
Today
4/18/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Employees
2,025
Year Founded
1955

Price Target and Rating

Average Stock Price Target
$38.50
High Stock Price Target
$47.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+10.1%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
5 Analysts

Profitability

Net Income
$298.98 million
Pretax Margin
25.56%

Debt

Sales & Book Value

Annual Sales
$1.61 billion
Cash Flow
$3.81 per share
Book Value
$13.30 per share

Miscellaneous

Free Float
81,321,000
Market Cap
$2.95 billion
Optionable
Not Optionable
Beta
1.12

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FHI Stock Analysis - Frequently Asked Questions

Should I buy or sell Federated Hermes stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Federated Hermes in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FHI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FHI, but not buy additional shares or sell existing shares.
View FHI analyst ratings
or view top-rated stocks.

What is Federated Hermes' stock price target for 2024?

5 Wall Street analysts have issued 1 year price targets for Federated Hermes' stock. Their FHI share price targets range from $32.00 to $47.00. On average, they expect the company's stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price.
View analysts price targets for FHI
or view top-rated stocks among Wall Street analysts.

How have FHI shares performed in 2024?

Federated Hermes' stock was trading at $33.86 at the beginning of 2024. Since then, FHI shares have increased by 3.2% and is now trading at $34.96.
View the best growth stocks for 2024 here
.

Are investors shorting Federated Hermes?

Federated Hermes saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 1,450,000 shares, an increase of 16.0% from the February 29th total of 1,250,000 shares. Based on an average trading volume of 708,500 shares, the short-interest ratio is presently 2.0 days. Approximately 1.8% of the shares of the company are short sold.
View Federated Hermes' Short Interest
.

When is Federated Hermes' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our FHI earnings forecast
.

How can I listen to Federated Hermes' earnings call?

Federated Hermes will be holding an earnings conference call on Friday, April 26th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "50336".

How were Federated Hermes' earnings last quarter?

Federated Hermes, Inc. (NYSE:FHI) posted its quarterly earnings data on Friday, January, 26th. The company reported $0.96 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.12. The firm had revenue of $391.50 million for the quarter, compared to the consensus estimate of $396.97 million. Federated Hermes had a trailing twelve-month return on equity of 26.76% and a net margin of 18.58%. The business's quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.90 earnings per share.

How often does Federated Hermes pay dividends? What is the dividend yield for Federated Hermes?

Federated Hermes declared a quarterly dividend on Thursday, January 25th. Stockholders of record on Thursday, February 8th will be paid a dividend of $0.28 per share on Thursday, February 15th. This represents a $1.12 annualized dividend and a yield of 3.20%. The ex-dividend date is Wednesday, February 7th.
Read our dividend analysis for FHI
.

Is Federated Hermes a good dividend stock?

Federated Hermes (NYSE:FHI) pays an annual dividend of $1.12 per share and currently has a dividend yield of 3.18%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 32.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FHI will have a dividend payout ratio of 27.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FHI.

What other stocks do shareholders of Federated Hermes own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Federated Hermes investors own include AbbVie (ABBV), Bristol-Myers Squibb (BMY), Gilead Sciences (GILD), Micron Technology (MU), Tesla (TSLA), Allison Transmission (ALSN), Alexion Pharmaceuticals (ALXN), Anthem (ANTM), Arrowhead Pharmaceuticals (ARWR) and Boston Scientific (BSX).

Who are Federated Hermes' major shareholders?

Federated Hermes' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Foundation Resource Management Inc. (0.50%), Murphy Pohlad Asset Management LLC (0.13%), Alpha Omega Wealth Management LLC (0.13%), Congress Asset Management Co. MA (0.06%), Radnor Capital Management LLC (0.05%) and DGS Capital Management LLC (0.02%). Insiders that own company stock include Dolores D Dudiak, Gordon J Ceresino, J Christopher Donahue, John B Fisher, Meter Stephen Van, Michael J Farrell, Paul A Uhlman, Paul A Uhlman, Peter J Germain, Richard A Novak, Saker Anwar Nusseibeh and Thomas R Donahue.
View institutional ownership trends
.

How do I buy shares of Federated Hermes?

Shares of FHI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Federated Hermes have any subsidiaries?
The following companies are subsidiares of Federated Hermes: FII Holdings, Federated Administrative Services, Federated Advisory Services Company, Federated Asset Management GmbH, Federated Equity Management Company of Pennsylvania, Federated Global Holdings LLC, Federated Global Investment Management Corp., Federated Holdings (UK) Limited, Federated International Europe GmbH, Federated International Holdings B.V., Federated International Management Limited, Federated International Securities Corp., Federated Investment Counseling, Federated Investment Management Company, Federated Investors (Canada) Holdings Inc, Federated Investors (UK) LLP, Federated Investors Asia Pacific Pty Ltd, Federated Investors Australia Services Ltd, Federated Investors Canada ULC, Federated Investors International Pte. Ltd, Federated Investors Management Company, Federated Investors Trust Company, Federated MDTA LLC, Federated MDTA Trust, Federated Private Asset Management, Federated Private Fund of One Trade Finance Partnership General Partner, Federated Securities Corp, Federated Services Company, Federated Shareholder Services Company, HBSS Acquisition Company, Hermes Alternative Investment Management Limited, Hermes Assured Limited, Hermes BPK Coinvestment Trustees Limited, Hermes Equity Ownership Services Limited, Hermes European Equities Limited, Hermes Fund Managers (North America) GP, Hermes Fund Managers Ireland Limited, Hermes Fund Managers Limited, Hermes Global Funds GP Limited, Hermes Investment Management Ltd, Hermes Investments (North America) Limited, Hermes Pension Fund Management Limited, Hermes Private Debt (Lux) I GP S.a.r.l., Hermes Private Debt I GP Limited, Hermes Private Equity Limited, Hermes Real Estate Debt GP Limited, Hermes Real Estate Investment Management Limited, Hermes Secretariat Limited, and Hermes Sourcecap Limited.
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This page (NYSE:FHI) was last updated on 4/18/2024 by MarketBeat.com Staff

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