NYSE:FHI Federated Hermes (FHI) Stock Price, News & Analysis $35.06 -0.37 (-1.04%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$34.32▼$36.3750-Day Range$31.68▼$35.4352-Week Range$30.23▼$37.10Volume1.19 million shsAverage Volume764,288 shsMarket Capitalization$2.95 billionP/E Ratio9.96Dividend Yield3.54%Price Target$38.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSustainabilityTrends Get Federated Hermes alerts: Email Address Federated Hermes MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside8.4% Upside$38.00 Price TargetShort InterestHealthy3.45% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.58Upright™ Environmental ScoreNews Sentiment0.70Based on 20 Articles This WeekInsider TradingSelling Shares$76,360 Sold Last QuarterProj. Earnings Growth9.12%From $3.62 to $3.95 Per ShareSee Full Details Hide Full Details 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.4.49 out of 5 starsFinance Sector150th out of 898 stocksInvestment Advice Industry10th out of 49 stocks 1.3 Analyst's Opinion Consensus RatingFederated Hermes has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageFederated Hermes has only been the subject of 4 research reports in the past 90 days.Read more about Federated Hermes' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.45% of the float of Federated Hermes has been sold short.Short Interest Ratio / Days to CoverFederated Hermes has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Federated Hermes has recently decreased by 16.01%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipFederated Hermes is a leading dividend payer. It pays a dividend yield of 3.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFederated Hermes does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Federated Hermes is 35.23%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Federated Hermes will have a dividend payout ratio of 31.39% next year. This indicates that Federated Hermes will be able to sustain or increase its dividend.Read more about Federated Hermes' dividend. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFederated Hermes has received a 13.42% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Mutual funds investing in the finance industry", "Mutual funds investing in the energy industry", "Mutual funds investing in the chemicals industry", "Mutual funds investing in the retail industry", and "Mutual funds investing in the healthcare industry" products. See details.Environmental SustainabilityThe Environmental Impact score for Federated Hermes is -0.58. Previous Next 3.2 News and Social Media Coverage News SentimentFederated Hermes has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Federated Hermes this week, compared to 4 articles on an average week.Search Interest3 people have searched for FHI on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Federated Hermes insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $76,360.00 in company stock.Percentage Held by InsidersOnly 3.70% of the stock of Federated Hermes is held by insiders.Percentage Held by Institutions75.94% of the stock of Federated Hermes is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Federated Hermes' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Federated Hermes are expected to grow by 9.12% in the coming year, from $3.62 to $3.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Federated Hermes is 9.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Federated Hermes is 9.96, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.Price to Earnings Growth RatioFederated Hermes has a PEG Ratio of 1.35. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioFederated Hermes has a P/B Ratio of 2.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Federated Hermes' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad American Hartford Gold GroupDave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.GET THE FREE GUIDE 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.Read More FHI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FHI Stock News HeadlinesJuly 25 at 10:24 PM | msn.comFHI Stock Earnings: Federated Hermes Beats EPS, Beats Revenue for Q2 2024July 25 at 4:17 PM | prnewswire.comFederated Hermes, Inc. reports record assets under management with second quarter 2024 earningsJuly 26, 2024 | DTI (Ad)How a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…July 25 at 1:40 AM | americanbankingnews.comBrokerages Set Federated Hermes, Inc. (NYSE:FHI) Target Price at $38.00July 25 at 1:36 AM | msn.comFederated Hermes Q2 2024 Earnings PreviewJuly 23 at 4:13 AM | americanbankingnews.comFederated Hermes (FHI) Set to Announce Quarterly Earnings on ThursdayJuly 23 at 2:00 AM | americanbankingnews.comZacks Research Weighs in on Federated Hermes, Inc.'s Q2 2024 Earnings (NYSE:FHI)July 19, 2024 | americanbankingnews.comQ1 2025 EPS Estimates for Federated Hermes, Inc. (NYSE:FHI) Reduced by Zacks ResearchJuly 26, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.July 15, 2024 | prnewswire.comMonth-end portfolio data now available for Federated Hermes Premier Municipal Income FundJuly 10, 2024 | prnewswire.comFederated Hermes Premier Municipal Income Fund declares dividendJuly 2, 2024 | prnewswire.comFederated Hermes, Inc. announces second quarter 2024 earnings and conference call datesJune 17, 2024 | prnewswire.comMonth-end portfolio data now available for Federated Hermes Premier Municipal Income FundJune 10, 2024 | prnewswire.comFederated Hermes Premier Municipal Income Fund sets date for annual shareholders meetingJune 10, 2024 | prnewswire.comFederated Hermes Premier Municipal Income Fund declares dividendMay 27, 2024 | finance.yahoo.com3 Large-Cap Value Funds to Buy Amid Growing Inflation WorriesMay 25, 2024 | finance.yahoo.comFederated Hermes Looks to Set Itself Apart in Quant InvestingMay 15, 2024 | bizjournals.comPNC, Federated Hermes weigh in on best data the Fed's received in monthsSee More Headlines Receive FHI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Federated Hermes and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/15 Dividend5/07/2024Dividend Payable5/15/2024Last Earnings7/25/2024Today7/26/2024Ex-Dividend for 8/15 Dividend8/08/2024Dividend Payable8/15/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Investment advice Sub-IndustryTrading Current SymbolNYSE:FHI CUSIPN/A CIK1056288 Webwww.federatedinvestors.com Phone(412) 288-1900Fax412-288-6823Employees2,025Year Founded1955Price Target and Rating Average Stock Price Target$38.00 High Stock Price Target$47.00 Low Stock Price Target$34.00 Potential Upside/Downside+8.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.52 Trailing P/E Ratio9.96 Forward P/E Ratio9.69 P/E Growth1.35Net Income$298.98 million Net Margins18.75% Pretax Margin26.04% Return on Equity27.00% Return on Assets14.62% Debt Debt-to-Equity Ratio0.30 Current Ratio3.39 Quick Ratio2.45 Sales & Book Value Annual Sales$1.61 billion Price / Sales1.83 Cash Flow$3.87 per share Price / Cash Flow9.06 Book Value$13.30 per share Price / Book2.64Miscellaneous Outstanding Shares84,160,000Free Float81,045,000Market Cap$2.95 billion OptionableNot Optionable Beta1.17 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. John Christopher Donahue (Age 75)President, CEO & Chairman Comp: $4.39MMr. Thomas Robert Donahue (Age 65)VP, Treasurer, CFO & Director Comp: $3.75MMr. Saker Anwar Nusseibeh CBE (Age 62)Ph.D., Chief Executive Officer of Federated Hermes Limited Comp: $2.18MMs. Mary Jo Ochson CFA (Age 71)Head of the Tax-Free Money Market Investment Area, Chief Investment Officer, SVP & Sr Portfolio Mngr Mr. Richard Anthony Novak (Age 61)VP, Assistant Treasurer & Principal Accounting Officer Mr. Raymond J. HanleySenior Vice PresidentMr. Stephen Paul Van Meter (Age 49)VP & Chief Compliance Officer Mr. Peter J. Germain (Age 65)Executive VP, Chief Legal Officer & Secretary Mr. J. T. TuskanSenior VP and Director of Marketing & Corporate CommunicationsMs. Dolores D. Dudiak (Age 65)VP & Director of Human Resources More ExecutivesKey CompetitorsJefferies Financial GroupNYSE:JEFEssential Properties Realty TrustNYSE:EPRTStepStone GroupNASDAQ:STEPFreedomNASDAQ:FRHCPiper Sandler CompaniesNYSE:PIPRView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 177,703 shares on 7/26/2024Ownership: 1.010%Alpha Omega Wealth Management LLCBought 6,924 shares on 7/26/2024Ownership: 0.139%Legato Capital Management LLCBought 2,137 shares on 7/26/2024Ownership: 0.057%State of Michigan Retirement SystemSold 700 shares on 7/26/2024Ownership: 0.023%Louisiana State Employees Retirement SystemSold 800 shares on 7/24/2024Ownership: 0.027%View All Insider TransactionsView All Institutional Transactions 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 shares have increased by 3.5% and is now trading at $35.06. View the best growth stocks for 2024 here. How were Federated Hermes' earnings last quarter? Federated Hermes, Inc. (NYSE:FHI) issued its quarterly earnings results on Thursday, July, 25th. The company reported $0.96 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.07. The business's revenue was down 7.1% on a year-over-year basis. Does Federated Hermes have any subsidiaries? The following companies are subsidiaries of Federated Hermes: 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. Who are Federated Hermes' major shareholders? Federated Hermes' top institutional shareholders include Assenagon Asset Management S.A. (1.36%), Bank of New York Mellon Corp (1.01%), Foundation Resource Management Inc. (0.50%) and Country Club Bank (0.25%). Insiders that own company stock include Thomas R Donahue, John B Fisher, J Christopher Donahue, Paul A Uhlman, Peter J Germain, Saker Anwar Nusseibeh, Gordon J Ceresino, Dolores D Dudiak, Michael J Farrell, Richard A Novak and Meter Stephen Van. 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 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). 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