Federated Hermes, Inc. (FHI)

NYSE: FHI · IEX Real-Time Price · USD
32.48
0.35 (1.09%)
May 20, 2022 4:00 PM EDT - Market closed
Market Cap2.98B
Revenue (ttm)1.28B
Net Income (ttm)251.67M
Shares Out91.67M
EPS (ttm)2.61
PE Ratio12.44
Forward PE10.55
Dividend$1.08 (3.33%)
Ex-Dividend DateMay 5, 2022
Volume853,816
Open32.34
Previous Close32.13
Day's Range31.51 - 32.50
52-Week Range27.88 - 39.82
Beta1.13
AnalystsSell
Price Target31.70 (-2.4%)
Earnings DateApr 28, 2022

About FHI

Federated Hermes, Inc. is a publicly owned asset management holding company. 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 cl...

IndustryAsset Management
Founded1955
CEOJ. Christopher Donahue
Employees2,000
Stock ExchangeNYSE
Ticker SymbolFHI
Full Company Profile

Financial Performance

In 2021, FHI's revenue was $1.30 billion, a decrease of -10.21% compared to the previous year's $1.45 billion. Earnings were $270.29 million, a decrease of -17.18%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for FHI stock is "Sell." The 12-month stock price forecast is 31.7, which is a decrease of -2.40% from the latest price.

Price Target
$31.7
(-2.40% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Federated Hermes, Inc. and BT Pension Scheme announce $1 billion private equity mandate

PITTSBURGH , May 17, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, has been awarded $1 billion private equity mandate from BT Pension Scheme ...

4 days ago - PRNewsWire

Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund

PITTSBURGH , May 16, 2022 /PRNewswire/ -- Federated Hermes, Inc. today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of A...

5 days ago - PRNewsWire

Federated Hermes Premier Municipal Income Fund declares dividend

PITTSBURGH , May 10, 2022 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exe...

1 week ago - PRNewsWire

Federated (FHI) Q1 Earnings Miss Estimates, AUM Increases

Reduced net investment advisory fees and net service fees hurt Federated's (FHI) Q1 results. Nonetheless, controlled operating expenses and an improved AUM are positives.

3 weeks ago - Zacks Investment Research

Federated Hermes (FHI) Lags Q1 Earnings Estimates

Federated Hermes (FHI) delivered earnings and revenue surprises of -10.29% and 0.64%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Federated Hermes, Inc. reports first quarter 2022 earnings

Q1 2022 earnings per diluted share of $0.61 Board declares $0.27 per share quarterly dividend PITTSBURGH, April 28, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, re...

3 weeks ago - PRNewsWire

Analysts Estimate Federated Hermes (FHI) to Report a Decline in Earnings: What to Look Out for

Federated Hermes (FHI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 weeks ago - Zacks Investment Research

Federated Hermes, Inc. announces first quarter 2022 earnings and conference call dates

PITTSBURGH, April 7, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, will report financial and operating results for the quarter ended March 31...

1 month ago - PRNewsWire

Federated Hermes, Inc. to reopen Kaufmann Small Cap Fund

PITTSBURGH , March 31, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced that Federated Hermes Kaufmann Small Cap Fund, and relat...

1 month ago - PRNewsWire

Federated Hermes (FHI) Strategic Buyouts Aid, Cost Woes Stay

Federated Hermes' (FHI) efforts to expand via acquisitions and operational expansion efforts are commendable. Yet, higher expenses and a strict regulatory environment are major drags.

1 month ago - Zacks Investment Research

Federated Hermes, Inc.'s CEO to participate in RBC Capital Markets Global Financials Conference

PITTSBURGH, Pa., March 3, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced that President and CEO J.

2 months ago - PRNewsWire

Federated Hermes, Inc. files annual report on Form 10-K with U.S. Securities and Exchange Commission

PITTSBURGH, Feb. 25, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today filed its annual report on Form 10-K with the U.S. Securities and Ex...

2 months ago - PRNewsWire

All You Need to Know About Federated Hermes (FHI) Rating Upgrade to Strong Buy

Federated Hermes (FHI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

3 months ago - Zacks Investment Research

Federated (FHI) Q4 Earnings Meet Estimates, AUM Increases

Federated Hermes' (FHI) Q4 results reflect the favorable impacts of higher AUM, a robust liquidity position and reduced costs. However, lower revenues are a drag.

3 months ago - Zacks Investment Research

Federated Hermes (FHI) Matches Q4 Earnings Estimates

Federated Hermes (FHI) delivered earnings and revenue surprises of 0% and 2.16%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Federated Hermes, Inc. reports fourth quarter and full-year 2021 earnings

PITTSBURGH, Jan. 27, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today reported earnings per diluted share (EPS) for Q4 2021 of $0.71, comp...

3 months ago - PRNewsWire

How Federated Hermes (FHI) Stock Stands Out in a Strong Industry

Federated Hermes (FHI) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

4 months ago - Zacks Investment Research

Here's Why Momentum Investors Will Love Federated Hermes (FHI)

Does Federated Hermes (FHI) have what it takes to be a top stock pick for momentum investors? Let's find out.

4 months ago - Zacks Investment Research

Best Income Stocks to Buy for January 11th

PCH, CMA, and FHI made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 11, 2022

Other symbols:CMAPCH
4 months ago - Zacks Investment Research

Federated Hermes, Inc. announces fourth quarter and year-end 2021 earnings and conference call dates

PITTSBURGH , Jan. 6, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, will report financial and operating results for the quarter and year ended...

4 months ago - PRNewsWire

3 Asset Managers Set to Continue Their Winning Streak in 2022

Asset managers like BrightSphere Investment (BSIG), Federated Hermes (FHI) & Victory Capital (VCTR) will keep benefiting from rising AUM balance driven by the improving economy despite several headwinds.

Other symbols:BSIGVCTR
4 months ago - Zacks Investment Research

Federated Hermes Launches New Short-Duration Fixed Income ETFs

Federated Hermes, an active management firm with a focus on sustainable investing, has announced in a press release the launch of two new active transparent fixed income ETFs that focus on short duratio...

5 months ago - ETF Trends

Federated Hermes, Inc. launches two active, transparent fixed-income ETFs

PITTSBURGH, Dec. 17, 2021 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today launched the Federated Hermes Short Duration Corporate ETF and Feder...

5 months ago - PRNewsWire

Companies with secular growth and pricing power will keep growing, says Federated Hermes' DeNichilo

Stephen DeNichilo, Federated Hermes portfolio manager, joins 'Power Lunch' to discuss small-cap stocks and why they're primed for growth.

5 months ago - CNBC Television

Federated (FHI) Q3 Earnings Beat Estimates, AUM Rises Y/Y

Federated's (FHI) Q3 earnings reflect controlled expenses, favorable debt levels and lower revenues.

6 months ago - Zacks Investment Research