What is Zacks Research's Estimate for FHI FY2025 Earnings?

Key Points

• Research analysts at Zacks Research have increased their FY2025 earnings per share estimate for Federated Hermes to $4.37, reflecting a slight rise from the previous estimate of $4.35 and maintaining a "Strong-Buy" rating.
• Federated Hermes reported $1.16 earnings per share for Q2 2023, surpassing analysts' expectations of $0.99, with a revenue of $424.84 million, a 5.5% increase year-over-year.
• The company announced a quarterly dividend of $0.34 per share, resulting in an annualized dividend yield of 2.7%.

Federated Hermes, Inc. (NYSE:FHI - Free Report) - Research analysts at Zacks Research upped their FY2025 earnings per share (EPS) estimates for Federated Hermes in a note issued to investors on Thursday, October 16th. Zacks Research analyst Team now expects that the company will earn $4.37 per share for the year, up from their prior estimate of $4.35. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for Federated Hermes' current full-year earnings is $4.04 per share. Zacks Research also issued estimates for Federated Hermes' Q1 2026 earnings at $1.07 EPS, Q2 2026 earnings at $1.08 EPS, Q3 2026 earnings at $1.13 EPS, Q4 2026 earnings at $1.13 EPS, FY2026 earnings at $4.41 EPS, Q1 2027 earnings at $1.21 EPS, Q2 2027 earnings at $1.25 EPS, Q3 2027 earnings at $1.26 EPS and FY2027 earnings at $4.94 EPS.

Federated Hermes (NYSE:FHI - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.99 by $0.17. Federated Hermes had a return on equity of 32.30% and a net margin of 21.67%.The firm had revenue of $424.84 million for the quarter, compared to analysts' expectations of $424.83 million. During the same period in the prior year, the business posted $0.96 earnings per share. The business's revenue was up 5.5% compared to the same quarter last year.

FHI has been the topic of a number of other reports. Evercore ISI upped their price target on Federated Hermes from $48.00 to $55.00 and gave the company an "outperform" rating in a research report on Friday, September 5th. Wall Street Zen cut Federated Hermes from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 2nd. Royal Bank Of Canada raised their price target on Federated Hermes from $45.00 to $51.00 and gave the company a "sector perform" rating in a report on Thursday, August 14th. Weiss Ratings reiterated a "buy (b)" rating on shares of Federated Hermes in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. raised their price target on Federated Hermes from $54.00 to $55.00 and gave the company a "neutral" rating in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $48.33.

Federated Hermes Stock Performance

Shares of NYSE:FHI opened at $51.23 on Friday. The business's fifty day moving average price is $52.59 and its two-hundred day moving average price is $46.29. Federated Hermes has a fifty-two week low of $35.05 and a fifty-two week high of $54.42. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of 11.36, a price-to-earnings-growth ratio of 0.59 and a beta of 0.80. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.37 and a quick ratio of 2.32.

Federated Hermes Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, August 8th were issued a dividend of $0.34 per share. The ex-dividend date was Friday, August 8th. This represents a $1.36 dividend on an annualized basis and a yield of 2.7%. Federated Hermes's dividend payout ratio (DPR) is 30.16%.

Institutional Investors Weigh In On Federated Hermes

A number of hedge funds have recently modified their holdings of FHI. Farther Finance Advisors LLC raised its position in shares of Federated Hermes by 246.6% during the first quarter. Farther Finance Advisors LLC now owns 863 shares of the company's stock worth $35,000 after purchasing an additional 614 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Federated Hermes during the first quarter worth about $401,000. Insigneo Advisory Services LLC acquired a new stake in shares of Federated Hermes during the first quarter worth about $210,000. Blue Trust Inc. raised its position in shares of Federated Hermes by 9.3% during the first quarter. Blue Trust Inc. now owns 5,314 shares of the company's stock worth $217,000 after purchasing an additional 453 shares during the period. Finally, Asset Management One Co. Ltd. acquired a new stake in shares of Federated Hermes during the first quarter worth about $120,000. Institutional investors and hedge funds own 75.94% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.