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66,000% upside on tiny biotech? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Guess What The Fed Is Doing To Your Money Now? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
66,000% upside on tiny biotech? (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
66,000% upside on tiny biotech? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Guess What The Fed Is Doing To Your Money Now? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
66,000% upside on tiny biotech? (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
66,000% upside on tiny biotech? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Guess What The Fed Is Doing To Your Money Now? (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
66,000% upside on tiny biotech? (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
66,000% upside on tiny biotech? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
NYSE:FHI

Federated Hermes (FHI) Stock Forecast, Price & News

$33.87
-0.35 (-1.02%)
(As of 09/29/2023 ET)
Compare
Today's Range
$33.74
▼
$34.52
50-Day Range
$32.42
▼
$36.87
52-Week Range
$30.30
▼
$45.55
Volume
1.17 million shs
Average Volume
753,964 shs
Market Capitalization
$2.99 billion
P/E Ratio
11.29
Dividend Yield
3.31%
Price Target
$41.60
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability

Federated Hermes MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
22.8% Upside
$41.60 Price Target
Short Interest
Healthy
1.00% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.74mentions of Federated Hermes in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$1.83 M Sold Last Quarter
Proj. Earnings Growth
7.93%
From $3.28 to $3.54 Per Share

Overall MarketRank™

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

2.77 out of 5 stars

Finance Sector

202nd out of 880 stocks

Investment Advice Industry

15th out of 49 stocks

See Top Rated MarketRank™ Stocks Here

FHI stock logo

About Federated Hermes (NYSE:FHI) Stock

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 Price History

FHI Stock News Headlines

September 27, 2023 | americanbankingnews.com
Federated Hermes (NYSE:FHI) Lowered to Hold at StockNews.com
September 25, 2023 | finance.yahoo.com
Beyond Market Price: Uncovering Federated Hermes Inc's Intrinsic Value of
September 30, 2023 | Chaikin Analytics (Ad)
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
September 23, 2023 | americanbankingnews.com
Research Analysts Set Expectations for Federated Hermes, Inc.'s Q4 2023 Earnings (NYSE:FHI)
September 22, 2023 | finance.yahoo.com
Beyond Market Price: Uncovering Federated Hermes Inc's Intrinsic Value
September 22, 2023 | americanbankingnews.com
Q3 2023 EPS Estimates for Federated Hermes, Inc. Increased by Zacks Research (NYSE:FHI)
September 15, 2023 | finance.yahoo.com
Federated Hermes (FHI) is a Top Dividend Stock Right Now: Should You Buy?
September 12, 2023 | markets.businessinsider.com
JP Morgan Maintains Overweight Rating for Federated Hermes: Here's What You Need To Know
September 30, 2023 | Chaikin Analytics (Ad)
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
September 12, 2023 | finance.yahoo.com
Here's Why Federated Hermes (FHI) is a Strong Momentum Stock
September 8, 2023 | msn.com
Federated Hermes: The Future Is Bright
September 7, 2023 | benzinga.com
Federated Hermes CEO Trades Company's Stock
August 31, 2023 | seekingalpha.com
Federated Hermes U.S. Strategic Dividend ETF declares monthly distribution of $0.0805
August 30, 2023 | msn.com
This is Why Federated Hermes (FHI) is a Great Dividend Stock
August 30, 2023 | finance.yahoo.com
This is Why Federated Hermes (FHI) is a Great Dividend Stock
August 29, 2023 | finance.yahoo.com
Federated Hermes Can Fly as High Rates Linger
August 23, 2023 | finance.yahoo.com
It's taken 30 months for Federated Hermes' sign to be part of Pittsburgh's skyline; here's why
August 21, 2023 | finance.yahoo.com
Tupperware, Kenvue, Earthstone Energy: Market Movers
August 16, 2023 | finance.yahoo.com
Today’s investors don’t understand the impact of geopolitics
August 9, 2023 | finance.yahoo.com
3 Federated Hermes Funds to Buy for Attractive Returns
August 8, 2023 | finance.yahoo.com
Federated Hermes, Inc. (NYSE:FHI) is largely controlled by institutional shareholders who own 81% of the company
August 3, 2023 | markets.businessinsider.com
J.P. Morgan Reaffirms Their Buy Rating on Federated Hermes (FHI)
July 30, 2023 | finance.yahoo.com
Federated Hermes, Inc. (NYSE:FHI) Q2 2023 Earnings Call Transcript
July 28, 2023 | bizjournals.com
Federated Hermes CEO talks strength in numbers, both Q2 results and family dynamics
July 28, 2023 | msn.com
Why did Federated Hermes stock drop today? Investors weigh Q2 earnings
July 28, 2023 | finance.yahoo.com
Federated Hermes (FHI) Q2 Earnings and Revenues Beat Estimates
July 28, 2023 | finance.yahoo.com
Federated Hermes, Inc. reports second quarter 2023 earnings
See More Headlines
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FHI Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 8/15 Dividend
8/07/2023
Dividend Payable
8/15/2023
Ex-Dividend for 10/2 Dividend
9/21/2023
Today
9/30/2023
Dividend Payable
10/02/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:FHI
CUSIP
N/A
CIK
1056288
Web
www.federatedinvestors.com
Phone
(412) 288-1900
Fax
412-288-6823
Employees
1,961
Year Founded
1955

Price Target and Rating

Average Stock Price Forecast
$41.60
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$35.00
Forecasted Upside/Downside
+22.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$3.00
Trailing P/E Ratio
11.29
Forward P/E Ratio
10.33
P/E Growth
0.74
Net Income
$239.50 million
Net Margins
17.05%
Pretax Margin
22.76%
Return on Equity
27.30%
Return on Assets
14.44%

Debt

Debt-to-Equity Ratio
0.31
Current Ratio
2.96
Quick Ratio
2.20

Sales & Book Value

Annual Sales
$1.45 billion
Price / Sales
2.07
Cash Flow
$3.32 per share
Price / Cash Flow
10.21
Book Value
$11.71 per share
Price / Book
2.89

Miscellaneous

Outstanding Shares
88,290,000
Free Float
83,704,000
Market Cap
$2.99 billion
Optionable
Not Optionable
Beta
1.04

Social Links

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Key Executives

  • Mr. John Christopher Donahue (Age 74)
    Pres, CEO & Chairman
    Comp: $4.03M
  • Mr. Thomas Robert DonahueMr. Thomas Robert Donahue (Age 64)
    VP, Treasurer, CFO & Director
    Comp: $3.64M
  • Mr. John Basil Fisher (Age 67)
    VP & Director
    Comp: $4.56M
  • Mr. Gordon Joseph CeresinoMr. Gordon Joseph Ceresino (Age 65)
    Vice Chairman
    Comp: $2.62M
  • Mr. Paul Adam UhlmanMr. Paul Adam Uhlman (Age 56)
    VP
    Comp: $3.3M
  • Ms. Mary Jo Ochson CFA (Age 70)
    Head of the Tax-Free Money Market Investment Area, Chief Investment Officer, SVP & Sr Portfolio Mngr
  • Mr. Richard Anthony Novak (Age 60)
    VP, Assistant Treasurer & Principal Accounting Officer
  • Mr. Raymond J. Hanley
    Sr. VP
  • Mr. Stephen Paul Van Meter (Age 48)
    VP & Chief Compliance Officer
  • Mr. Peter J. GermainMr. Peter J. Germain (Age 64)
    Exec. VP, Chief Legal Officer & Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













FHI Stock - Frequently Asked Questions

Should I buy or sell Federated Hermes stock right now?

4 Wall Street 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 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 forecast for 2023?

4 Wall Street analysts have issued twelve-month price targets for Federated Hermes' stock. Their FHI share price forecasts range from $35.00 to $45.00. On average, they expect the company's share price to reach $41.60 in the next twelve months. This suggests a possible upside of 22.8% 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 shares have decreased by 6.7% and is now trading at $33.87.
View the best growth stocks for 2023 here.

Are investors shorting Federated Hermes?

Federated Hermes saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 844,000 shares, an increase of 5.4% from the August 31st total of 800,700 shares. Based on an average trading volume of 825,600 shares, the short-interest ratio is presently 1.0 days. Approximately 1.0% of the company's shares are sold short.
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, October 26th 2023.
View our FHI earnings forecast.

How were Federated Hermes' earnings last quarter?

Federated Hermes, Inc. (NYSE:FHI) issued its quarterly earnings data on Thursday, July, 27th. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.01. The company earned $433.23 million during the quarter, compared to the consensus estimate of $392.73 million. Federated Hermes had a trailing twelve-month return on equity of 27.30% and a net margin of 17.05%.

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

Federated Hermes declared a quarterly dividend on Monday, September 11th. Shareholders of record on Friday, September 22nd will be paid a dividend of $0.035 per share on Monday, October 2nd. This represents a $0.14 annualized dividend and a dividend yield of 0.41%. The ex-dividend date is Thursday, September 21st.
Read our dividend analysis for FHI.

What ETFs hold Federated Hermes' stock?

ETFs with the largest weight of Federated Hermes (NYSE:FHI) stock in their portfolio include WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Gabelli Financial Services Opportunities ETF (GABF), Vident Core U.S. Equity Fund (VUSE) and VictoryShares US Small Mid Cap Value Momentum ETF (USVM).Future Fund Long/Short ETF (FFLS).

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 3.27%. The dividend payout ratio is 37.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FHI will have a dividend payout ratio of 31.64% 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).

What is Federated Hermes' stock symbol?

Federated Hermes trades on the New York Stock Exchange (NYSE) under the ticker symbol "FHI."

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.

What is Federated Hermes' stock price today?

One share of FHI stock can currently be purchased for approximately $33.87.

How much money does Federated Hermes make?

Federated Hermes (NYSE:FHI) has a market capitalization of $2.99 billion and generates $1.45 billion in revenue each year. The company earns $239.50 million in net income (profit) each year or $3.00 on an earnings per share basis.

How many employees does Federated Hermes have?

The company employs 1,961 workers across the globe.

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
How can I contact Federated Hermes?

Federated Hermes' mailing address is 1001 LIBERTY AVENUE, PITTSBURGH PA, 15222. The official website for the company is www.federatedinvestors.com. The company can be reached via phone at (412) 288-1900, via email at investors@federatedinv.com, or via fax at 412-288-6823.

This page (NYSE:FHI) was last updated on 9/30/2023 by MarketBeat.com Staff

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