Federated Hermes/FHI

$34.60

-1.31%
-
1D1W1MYTD1YMAX

About Federated Hermes

Federated Hermes, Inc. is an investment management company. The Company operates through a single segment, being the investment management business. It sponsors, markets and provides investment-related services to various investment products, including sponsored investment companies and other funds (Federated Hermes Funds); and Separate Accounts, which include separately managed accounts (SMAs), institutional accounts, sub-advised funds and other managed products in both domestic and international markets. In addition, it markets and provides stewardship and real estate development services to various domestic and international companies. The Company provides investment advisory services to approximately 180 Federated Hermes Funds. It markets these funds to institutional customers and banks, broker/dealers and other financial intermediaries who use them to meet the needs of customers and/or clients, including, among others, retail investors, corporations and retirement plans.

Ticker

FHI

Sector

Financials

Trading on

NYSE

Industry

Investment Services

CEO

J. Christopher Donahue

Employees

2,025

Headquarters

Pittsburgh, United States

Federated Hermes Metrics

BasicAdvanced
$3.02B
Market cap
10.46
P/E ratio
$3.42
EPS
1.12
Beta
$1.11
Dividend rate
3.13%
Dividend yield
$3.02B
1.1186
$45.55
$30.23
754.18K
$1.11
2.508
30.83
30.83
34.39%
12.545
14.79%
26.22%
17.47%
10.456
1.875
2.687
14.659
3.23%
3.11%
3.13%
11.64%
27.5%
3.58%
1.48%
0.92%

What the Analysts think about Federated Hermes

Analyst Ratings

Majority rating from 8 analysts.
Hold

Price Targets

Average projection from 6 analysts.
10.78% upside
High $41.00
Low $36.00
$34.60
Current price
$38.33
Average price target

Federated Hermes Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
20.99% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$391M
-2.83%
Net income
$82.1M
9.47%
Profit margin
20.99%
12.67%

Federated Hermes Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 15.61%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.78
$0.81
$0.86
$0.96
-
Expected
$0.73
$0.82
$0.83
$0.83
$0.87
Surprise
6.36%
-1.36%
3.51%
15.61%
-
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. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Federated Hermes stock?

Federated Hermes (FHI) has a market cap of $3.02B as of April 16, 2024.

What is the P/E ratio for Federated Hermes stock?

The price to earnings (P/E) ratio for Federated Hermes (FHI) stock is 10.46 as of April 16, 2024.

Does Federated Hermes stock pay dividends?

Yes, the Federated Hermes (FHI) stock pays dividends to shareholders. As of April 16, 2024, the dividend rate is $1.11 and the yield is 3.13%. Federated Hermes has a payout ratio of 34.39% on a trailing twelve-month basis.

When is the next Federated Hermes dividend payment date?

The next Federated Hermes (FHI) dividend payment date is unconfirmed.

What is the beta indicator for Federated Hermes?

Federated Hermes (FHI) has a beta rating of 1.12. 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.

What is the Federated Hermes stock price target?

The target price for Federated Hermes (FHI) stock is $38.33, which is 10.78% above the current price of $34.6. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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