NYSE - Delayed Quote USD

Federated Hermes, Inc. (FHI)

34.15 -0.83 (-2.37%)
At close: April 25 at 4:00 PM EDT
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DELL
  • Previous Close 34.98
  • Open 34.72
  • Bid --
  • Ask 37.50 x 900
  • Day's Range 34.12 - 34.78
  • 52 Week Range 30.23 - 42.57
  • Volume 1,000,456
  • Avg. Volume 778,083
  • Market Cap (intraday) 2.874B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) 10.04
  • EPS (TTM) 3.40
  • Earnings Date Apr 26, 2024
  • Forward Dividend & Yield 1.12 (3.28%)
  • Ex-Dividend Date Feb 7, 2024
  • 1y Target Est 38.33

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.

www.federatedinvestors.com

2,025

Full Time Employees

December 31

Fiscal Year Ends

Recent News: FHI

Performance Overview: FHI

Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FHI
1.67%
S&P 500
5.84%

1-Year Return

FHI
17.19%
S&P 500
22.03%

3-Year Return

FHI
24.53%
S&P 500
20.77%

5-Year Return

FHI
28.10%
S&P 500
72.46%

Compare To: FHI

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: FHI

Valuation Measures

Annual
As of 4/26/2024
  • Market Cap

    2.87B

  • Enterprise Value

    2.77B

  • Trailing P/E

    10.04

  • Forward P/E

    9.42

  • PEG Ratio (5yr expected)

    2.21

  • Price/Sales (ttm)

    1.78

  • Price/Book (mrq)

    2.55

  • Enterprise Value/Revenue

    1.72

  • Enterprise Value/EBITDA

    6.15

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    18.75%

  • Return on Assets (ttm)

    12.16%

  • Return on Equity (ttm)

    26.05%

  • Revenue (ttm)

    1.62B

  • Net Income Avi to Common (ttm)

    290.43M

  • Diluted EPS (ttm)

    3.40

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    558.53M

  • Total Debt/Equity (mrq)

    28.50%

  • Levered Free Cash Flow (ttm)

    --

Research Analysis: FHI

Analyst Price Targets

36.00
38.33 Average
34.15 Current
41.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: FHI

Fair Value

34.15 Current
 

Dividend Score

0 Low
FHI
Sector Avg.
100 High
 

Hiring Score

0 Low
FHI
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
FHI
Sector Avg.
100 High
 

Research Reports: FHI

  • Analyst Report: Federated Hermes, Inc.

    ederated provides asset management services for institutional and individual investors. The company had $757.6 billion in managed assets at the end of December 2023, composed of equity (10%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (74%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 29%, 13%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (28%), and international clients (9%).

    Rating
    Price Target
     
  • Analyst Report: Federated Hermes, Inc.

    ederated provides asset management services for institutional and individual investors. The company had $757.6 billion in managed assets at the end of December 2023, composed of equity (10%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (74%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 29%, 13%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (28%), and international clients (9%).

    Rating
    Price Target
     
  • Analyst Report: Federated Hermes, Inc.

    ederated provides asset management services for institutional and individual investors. The company had $757.6 billion in managed assets at the end of December 2023, composed of equity (10%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (74%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 29%, 13%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (28%), and international clients (9%).

    Rating
    Price Target
     
  • Daily – Vickers Top Buyers & Sellers for 02/09/2024

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     

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