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NYSE:FHI

Federated Hermes (FHI) Stock Price, News & Analysis

$32.57
-0.38 (-1.15%)
(As of 07/5/2024 ET)
Today's Range
$32.40
$33.24
50-Day Range
$31.68
$33.35
52-Week Range
$30.23
$37.31
Volume
512,664 shs
Average Volume
784,068 shs
Market Capitalization
$2.74 billion
P/E Ratio
9.25
Dividend Yield
3.81%
Price Target
$38.29

Federated Hermes MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
17.5% Upside
$38.29 Price Target
Short Interest
Healthy
4.13% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.90mentions of Federated Hermes in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$76,360 Sold Last Quarter
Proj. Earnings Growth
8.89%
From $3.60 to $3.92 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.

4.35 out of 5 stars

Finance Sector

163rd out of 832 stocks

Investment Advice Industry

11th out of 46 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

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Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.
Must-See: Elon’s New Invention is Absolutely Insane
Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street veteran, Eric Fry… This mind-blowing new technology could be bigger than the iPhone.
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Ex-Dividend for 5/15 Dividend
5/07/2024
Dividend Payable
5/15/2024
Today
7/05/2024
Next Earnings (Confirmed)
7/25/2024
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
$38.29
High Stock Price Target
$47.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+17.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$298.98 million
Pretax Margin
26.04%

Debt

Sales & Book Value

Annual Sales
$1.61 billion
Cash Flow
$3.80 per share
Book Value
$13.30 per share

Miscellaneous

Free Float
81,045,000
Market Cap
$2.74 billion
Optionable
Not Optionable
Beta
1.17

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FHI Stock Analysis - Frequently Asked Questions

How have FHI shares performed this year?

Federated Hermes' stock was trading at $33.86 at the beginning of 2024. Since then, FHI stock has decreased by 3.8% and is now trading at $32.57.
View the best growth stocks for 2024 here
.

How were Federated Hermes' earnings last quarter?

Federated Hermes, Inc. (NYSE:FHI) announced its quarterly earnings results on Thursday, April, 25th. The company reported $0.89 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.89. The business's revenue for the quarter was up 3.7% on a year-over-year basis.

Does Federated Hermes have any subsidiaries?

Federated Hermes subsidiaries include these companies: 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.

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.

What other stocks do shareholders of Federated Hermes own?

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

This page (NYSE:FHI) was last updated on 7/5/2024 by MarketBeat.com Staff

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