Market closedNon-fractional
Federated Hermes/FHI
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About Federated Hermes
ederated provides asset management services for institutional and individual investors. The company had $757.6 billion in managed assets at the end of December 2023, composed of equity (10%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (74%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 29%, 13%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (28%), and international clients (9%).
Ticker
FHI
Sector
Financials
Trading on
NYSE
Industry
Capital Markets
Headquarters
Pittsburgh, United States
Employees
2,025
Website
www.federatedinvestors.com
Federated Hermes Metrics
BasicAdvanced
$2.8B
Market cap
10.10
P/E ratio
$3.51
EPS
1.10
Beta
$1.12
Dividend rate
3.16%
Dividend yield
Price and volume
Market cap
$2.8B
Beta
1.1
Dividend rate
$1.12
Financial strength
Current ratio
3.387
Quick ratio
3.197
Long term debt to equity
28.504
Total debt to equity
28.504
Dividend payout ratio (TTM)
32.09%
Interest coverage (TTM)
31.70%
Management effectiveness
Return on assets (TTM)
12.16%
Return on equity (TTM)
26.05%
Valuation
Price to earnings (TTM)
10.099
Price to revenue (TTM)
1.807
Price to book
2.49
Price to tangible book (TTM)
-45.55
Price to free cash flow (TTM)
9.383
Dividend yield (TTM)
3.16%
Growth
Revenue change (TTM)
8.02%
Earnings per share change (TTM)
24.15%
3-year revenue growth (CAGR)
4.32%
3-year earnings per share growth (CAGR)
1.61%
3-year dividend per share growth (CAGR)
1.22%
What the Analysts think about Federated Hermes
Analyst Ratings
Majority rating from 8 analysts.
Federated Hermes Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$397M
1.46%
Net income
$75M
-8.65%
Profit margin
18.90%
-9.96%
Federated Hermes Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.81
$0.86
$0.96
$0.89
-
Expected
$0.82
$0.83
$0.83
$0.88
$0.87
Surprise
-1.36%
3.51%
15.61%
1.01%
-
Federated Hermes News
AllArticlesVideos
Federated Hermes, Inc. (FHI) Q2 2024 Earnings Call Transcript
Seeking Alpha·8 hours ago
Federated Hermes, Inc. reports record assets under management with second quarter 2024 earnings
PRNewsWire·1 day ago
Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund
PRNewsWire·2 weeks ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon
Market closedNon-fractional
Upcoming events
Aug
8
Federated Hermes
Dividend·Ex-dividend
Aug
15
Federated Hermes
Dividend·Payment
$0.31
Per share
FAQs
What’s the current market cap for Federated Hermes stock?
Federated Hermes (FHI) has a market cap of $2.8B as of July 27, 2024.
What is the P/E ratio for Federated Hermes stock?
The price to earnings (P/E) ratio for Federated Hermes (FHI) stock is 10.1 as of July 27, 2024.
Does Federated Hermes stock pay dividends?
Yes, the Federated Hermes (FHI) stock pays dividends to shareholders. As of July 27, 2024, the dividend rate is $1.12 and the yield is 3.16%. Federated Hermes has a payout ratio of 32.09% on a trailing twelve-month basis.
When is the next Federated Hermes dividend payment date?
The next Federated Hermes (FHI) dividend payment is scheduled for August 15, 2024.
What is the beta indicator for Federated Hermes?
Federated Hermes (FHI) has a beta rating of 1.1. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.
Buy or sell Federated Hermes stock
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