S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
All the trading advice you’ve ever received boils down to this (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
All the trading advice you’ve ever received boils down to this (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
All the trading advice you’ve ever received boils down to this (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
All the trading advice you’ve ever received boils down to this (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
All the trading advice you’ve ever received boils down to this (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months

Federated Hermes (FHI) Stock Price, News & Analysis

$32.32
+0.22 (+0.69%)
(As of 12/8/2023 ET)
Compare
Today's Range
$31.90
$32.40
50-Day Range
$30.46
$34.22
52-Week Range
$30.23
$45.55
Volume
992,471 shs
Average Volume
802,097 shs
Market Capitalization
$2.79 billion
P/E Ratio
10.49
Dividend Yield
3.47%
Price Target
$40.20

Federated Hermes MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
24.4% Upside
$40.20 Price Target
Short Interest
Healthy
2.09% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
1.01mentions of Federated Hermes in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.29%
From $3.29 to $3.53 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.81 out of 5 stars

Finance Sector

59th out of 792 stocks

Investment Advice Industry

6th out of 45 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

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Federated Hermes: Good Candidate For Peak Rates Theme
Federated Hermes Inc's Dividend Analysis
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Q3 2023 Federated Hermes Inc Earnings Call
Federated Hermes Inc (FHI) Reports Q3 2023 Earnings
3 Small-Cap Growth Mutual Funds for Fantastic Returns
The Latest Analyst Ratings for Federated Hermes
Here's Why Federated Hermes (FHI) is a Strong Momentum Stock
See More Headlines
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Company Calendar

Ex-Dividend for 10/2 Dividend
9/21/2023
Dividend Payable
10/02/2023
Last Earnings
10/26/2023
Ex-Dividend for 11/15 Dividend
11/07/2023
Dividend Payable
11/15/2023
Today
12/10/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/25/2024

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Employees
1,961
Year Founded
1955

Price Target and Rating

Average Stock Price Target
$40.20
High Stock Price Target
$45.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+24.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$239.50 million
Pretax Margin
23.19%

Debt

Sales & Book Value

Annual Sales
$1.45 billion
Cash Flow
$3.37 per share
Book Value
$11.71 per share

Miscellaneous

Free Float
81,770,000
Market Cap
$2.79 billion
Optionable
Not Optionable
Beta
1.04

Social Links

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FHI Stock Analysis - Frequently Asked Questions

Should I buy or sell Federated Hermes stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Federated Hermes in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FHI shares.
View FHI analyst ratings
or view top-rated stocks.

What is Federated Hermes' stock price target for 2024?

4 Wall Street analysts have issued 12 month target prices for Federated Hermes' stock. Their FHI share price targets range from $35.00 to $45.00. On average, they expect the company's share price to reach $40.20 in the next year. This suggests a possible upside of 24.4% from the stock's current price.
View analysts price targets for FHI
or view top-rated stocks among Wall Street analysts.

How have FHI shares performed in 2023?

Federated Hermes' stock was trading at $36.31 at the beginning of the year. Since then, FHI stock has decreased by 11.0% and is now trading at $32.32.
View the best growth stocks for 2023 here
.

Are investors shorting Federated Hermes?

Federated Hermes saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 1,780,000 shares, an increase of 117.4% from the October 15th total of 818,900 shares. Based on an average trading volume of 845,300 shares, the short-interest ratio is currently 2.1 days. Currently, 2.2% of the shares of the stock are short sold.
View Federated Hermes' Short Interest
.

When is Federated Hermes' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 25th 2024.
View our FHI earnings forecast
.

How were Federated Hermes' earnings last quarter?

Federated Hermes, Inc. (NYSE:FHI) released its quarterly earnings results on Thursday, October, 26th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.04. The company had revenue of $402.66 million for the quarter, compared to analyst estimates of $400.43 million. Federated Hermes had a net margin of 17.17% and a trailing twelve-month return on equity of 27.01%. Federated Hermes's revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.78 earnings per share.

How often does Federated Hermes pay dividends? What is the dividend yield for Federated Hermes?

Federated Hermes declared a quarterly dividend on Thursday, October 26th. Shareholders of record on Wednesday, November 8th will be paid a dividend of $0.28 per share on Wednesday, November 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date is Tuesday, November 7th. This is an increase from the stock's previous quarterly dividend of $0.04.
Read our dividend analysis for FHI
.

Is Federated Hermes a good dividend stock?

Federated Hermes (NYSE:FHI) pays an annual dividend of $1.12 per share and currently has a dividend yield of 3.49%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 36.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FHI will have a dividend payout ratio of 31.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FHI.

What other stocks do shareholders of Federated Hermes own?

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

Who are Federated Hermes' major shareholders?

Federated Hermes' stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (5.84%), Schneider Downs Wealth Management Advisors LP (3.59%), Invesco Ltd. (3.39%), Bank of New York Mellon Corp (1.58%), Fuller & Thaler Asset Management Inc. (1.42%) and Wellington Management Group LLP (1.32%). Insiders that own company stock include Dolores D Dudiak, Gordon J Ceresino, J Christopher Donahue, John B Fisher, Meter Stephen Van, Michael J Farrell, Paul A Uhlman, Paul A Uhlman, Peter J Germain, Richard A Novak, Saker Anwar Nusseibeh and Thomas R Donahue.
View institutional ownership trends
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Federated Hermes have any subsidiaries?
The following companies are subsidiares of Federated Hermes: FII Holdings, 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, Federated International Europe GmbH, Federated International Holdings B.V., Federated International Management Limited, Federated International Securities Corp., Federated Investment Counseling, Federated Investment Management Company, Federated Investors (Canada) Holdings Inc, Federated Investors (UK) LLP, Federated Investors Asia Pacific Pty Ltd, Federated Investors Australia Services Ltd, Federated Investors Canada ULC, Federated Investors International Pte. Ltd, Federated Investors Management Company, Federated Investors Trust Company, Federated MDTA LLC, Federated MDTA Trust, Federated Private Asset Management, Federated Private Fund of One Trade Finance Partnership General Partner, Federated Securities Corp, Federated Services Company, Federated Shareholder Services Company, HBSS Acquisition Company, Hermes Alternative Investment Management Limited, Hermes Assured Limited, Hermes BPK Coinvestment Trustees Limited, Hermes Equity Ownership Services Limited, Hermes European Equities Limited, Hermes Fund Managers (North America) GP, Hermes Fund Managers Ireland Limited, Hermes Fund Managers Limited, Hermes Global Funds GP Limited, Hermes Investment Management Ltd, Hermes Investments (North America) Limited, Hermes Pension Fund Management Limited, Hermes Private Debt (Lux) I GP S.a.r.l., Hermes Private Debt I GP Limited, Hermes Private Equity Limited, Hermes Real Estate Debt GP Limited, Hermes Real Estate Investment Management Limited, Hermes Secretariat Limited, and Hermes Sourcecap Limited.
Read More
This page (NYSE:FHI) was last updated on 12/10/2023 by MarketBeat.com Staff

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