Free Trial
NYSE:FHI

Federated Hermes (FHI) Stock Price, News & Analysis

Federated Hermes logo
$40.92 -0.13 (-0.32%)
(As of 05:26 PM ET)

About Federated Hermes Stock (NYSE:FHI)

Key Stats

Today's Range
$40.66
$41.03
50-Day Range
$36.98
$43.31
52-Week Range
$31.24
$43.92
Volume
537,709 shs
Average Volume
701,201 shs
Market Capitalization
$3.35 billion
P/E Ratio
13.16
Dividend Yield
3.03%
Price Target
$43.33
Consensus Rating
Moderate Buy

Company Overview

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.

Federated Hermes Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

FHI MarketRank™: 

Federated Hermes scored higher than 86% of companies evaluated by MarketBeat, and ranked 191st out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Federated Hermes has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Federated Hermes has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Federated Hermes' stock forecast and price target.
  • Earnings Growth

    Earnings for Federated Hermes are expected to grow by 9.02% in the coming year, from $3.88 to $4.23 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Federated Hermes is 13.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.39.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Federated Hermes is 13.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.99.

  • Price to Earnings Growth Ratio

    Federated Hermes has a PEG Ratio of 1.19. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Federated Hermes has a P/B Ratio of 3.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.53% of the float of Federated Hermes has been sold short.
  • Short Interest Ratio / Days to Cover

    Federated Hermes has a short interest ratio ("days to cover") of 4.8.
  • Change versus previous month

    Short interest in Federated Hermes has recently increased by 4.15%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Federated Hermes pays a meaningful dividend of 3.04%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Federated Hermes does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Federated Hermes is 39.87%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Federated Hermes will have a dividend payout ratio of 29.31% next year. This indicates that Federated Hermes will be able to sustain or increase its dividend.

  • Read more about Federated Hermes' dividend.
  • Percentage of Shares Shorted

    3.53% of the float of Federated Hermes has been sold short.
  • Short Interest Ratio / Days to Cover

    Federated Hermes has a short interest ratio ("days to cover") of 4.8.
  • Change versus previous month

    Short interest in Federated Hermes has recently increased by 4.15%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Federated Hermes has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Federated Hermes this week, compared to 5 articles on an average week.
  • Search Interest

    Only 2 people have searched for FHI on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Federated Hermes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,185,871.00 in company stock.

  • Percentage Held by Insiders

    Only 3.70% of the stock of Federated Hermes is held by insiders.

  • Percentage Held by Institutions

    75.94% of the stock of Federated Hermes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Federated Hermes' insider trading history.
Receive FHI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Federated Hermes and its competitors with MarketBeat's FREE daily newsletter.

FHI Stock News Headlines

URGENT: This Altcoin Opportunity Won’t Wait – Act Now
Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.
Federated Hermes price target raised to $42 from $39 at RBC Capital
Vice President Of Federated Hermes Makes $102K Sale
Federated Hermes CEO Sold $184K In Company Stock
See More Headlines

FHI Stock Analysis - Frequently Asked Questions

Federated Hermes' stock was trading at $33.86 at the beginning of the year. Since then, FHI shares have increased by 20.9% and is now trading at $40.92.
View the best growth stocks for 2024 here
.

Federated Hermes, Inc. (NYSE:FHI) released its earnings results on Thursday, October, 24th. The company reported $1.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.92 by $0.14. The firm's revenue was up 1.4% on a year-over-year basis.

Federated Hermes subsidiaries include 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, and others.

Top institutional investors of Federated Hermes include FMR LLC (6.93%), State Street Corp (2.29%), Geode Capital Management LLC (1.53%) and Assenagon Asset Management S.A. (1.04%). Insiders that own company stock include Thomas R Donahue, John B Fisher, Paul A Uhlman, J Christopher Donahue, Peter J Germain, Saker Anwar Nusseibeh, Gordon J Ceresino, Dolores D Dudiak, Richard A Novak, Michael J Farrell and Meter Stephen Van.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Federated Hermes investors own include McKesson (MCK), Bristol-Myers Squibb (BMY), Chevron (CVX), Charles Schwab (SCHW), Comcast (CMCSA), Edwards Lifesciences (EW) and Toronto-Dominion Bank (TD).

Company Calendar

Last Earnings
10/24/2024
Ex-Dividend for 11/15 Dividend
11/08/2024
Dividend Payable
11/15/2024
Today
12/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Trading
Employees
2,025
Year Founded
1955

Price Target and Rating

Average Stock Price Target
$43.33
High Stock Price Target
$47.00
Low Stock Price Target
$39.00
Potential Upside/Downside
+6.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$298.98 million
Pretax Margin
24.18%

Debt

Sales & Book Value

Annual Sales
$1.60 billion
Cash Flow
$3.67 per share
Book Value
$13.30 per share

Miscellaneous

Free Float
78,787,000
Market Cap
$3.34 billion
Optionable
Not Optionable
Beta
1.15

Social Links

2025 Gold Forecast: A Perfect Storm for Demand Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report

This page (NYSE:FHI) was last updated on 12/23/2024 by MarketBeat.com Staff
From Our Partners