Federated Hermes (FHI) Projected to Post Quarterly Earnings on Thursday

Federated Hermes (NYSE:FHI - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Thursday, April 24th. Analysts expect Federated Hermes to post earnings of $0.94 per share and revenue of $425.43 million for the quarter.

Federated Hermes (NYSE:FHI - Get Free Report) last issued its earnings results on Thursday, January 30th. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.08. Federated Hermes had a net margin of 16.44% and a return on equity of 30.31%. On average, analysts expect Federated Hermes to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Federated Hermes Stock Performance

NYSE FHI traded down $1.31 during trading hours on Monday, hitting $36.26. 578,539 shares of the stock were exchanged, compared to its average volume of 731,723. Federated Hermes has a 12-month low of $31.24 and a 12-month high of $43.92. The stock has a 50-day moving average of $38.62 and a 200 day moving average of $39.61. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 11.37, a price-to-earnings-growth ratio of 1.00 and a beta of 0.84. The company has a quick ratio of 2.03, a current ratio of 2.70 and a debt-to-equity ratio of 0.32.

Federated Hermes Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were issued a $0.31 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.24 annualized dividend and a dividend yield of 3.42%. Federated Hermes's dividend payout ratio is currently 38.87%.

Insiders Place Their Bets

In other Federated Hermes news, CEO Saker Anwar Nusseibeh sold 5,546 shares of the stock in a transaction on Friday, February 7th. The stock was sold at an average price of $38.81, for a total transaction of $215,240.26. Following the transaction, the chief executive officer now owns 179,096 shares of the company's stock, valued at $6,950,715.76. This represents a 3.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 3.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on FHI shares. Evercore ISI reduced their target price on Federated Hermes from $42.00 to $38.00 and set an "outperform" rating for the company in a report on Friday, April 11th. Royal Bank of Canada dropped their target price on shares of Federated Hermes from $42.00 to $39.00 and set a "sector perform" rating for the company in a report on Tuesday, January 28th. StockNews.com cut Federated Hermes from a "strong-buy" rating to a "buy" rating in a report on Tuesday, April 1st. UBS Group upped their target price on Federated Hermes from $39.00 to $40.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $43.00 price objective (down from $45.00) on shares of Federated Hermes in a research note on Wednesday, January 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Federated Hermes currently has an average rating of "Hold" and an average price target of $41.17.

Federated Hermes Company Profile

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.