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Federated Hermes, Inc. (FHI)

Stock Price: $26.06 USD -0.31 (-1.18%)
Updated Aug 14, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 2.61B
Revenue (ttm) 1.42B
Net Income (ttm) 300.44M
Shares Out 100.94M
EPS (ttm) n/a
PE Ratio n/a
Forward PE 10.40
Dividend $1.08
Dividend Yield 4.14%

Stock Quote

Trading Day Aug 14, 2020
Last Price $26.06
Previous Close $26.37
Change ($) -0.31
Change (%) -1.18%
Day's Open 26.03
Day's Range 25.85 - 26.44
Day's Volume 743,863
52-Week Range 13.06 - 38.26

More Stats

Market Cap 2.61B
Enterprise Value 2.45B
Earnings Date (est) Oct 22, 2020
Ex-Dividend Date Aug 6, 2020
Shares Outstanding 100.94M
Float 91.21M
EPS (basic) n/a
EPS (diluted) n/a
FCF / Share 3.61
Dividend $1.08
Dividend Yield 4.14%
Earnings Yield n/a
FCF Yield 13.97%
Payout Ratio n/a
Shares Short 2.35M
Short Ratio 3.49
Short % of Float 2.47%
Beta 1.28
PE Ratio n/a
Forward PE 10.40
P/FCF Ratio 7.16
PS Ratio 1.84
PB Ratio 2.49
Revenue 1.42B
Operating Income 382.09M
Net Income 300.44M
Free Cash Flow 364.75M
Net Cash 164.95M
Net Cash / Share 1.65
Gross Margin 62.38%
Operating Margin 26.94%
Profit Margin 21.20%
FCF Margin 25.72%
ROA 13.19%
ROE 25.50%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (10)

Buy 3
Overweight 0
Hold 7
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$28.00*
(7.44% upside)
Low
24.0
Current: $26.06
High
32.0
Target: 28.00
*Average 12-month price target from 8 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,3271,1361,1031,143927859878946895952
Revenue Growth16.84%2.97%-3.54%23.39%7.84%-2.18%-7.12%5.65%-5.97%-
Gross Profit1,3271,1361,1031,143927859878946895952
Operating Income348330342336279238252313257310
Net Income272220291209170149162188151179
Shares Outstanding101101101102104105105104104103
Earnings Per Share2.692.182.872.031.621.421.551.791.451.73
EPS Growth23.39%-24.04%41.38%25.31%14.08%-8.39%-13.41%23.45%-16.18%-
Dividend Per Share0.811.061.002.001.001.000.982.470.962.22
Dividend Growth-23.58%6%-50%100%0%2.04%-60.32%157.29%-56.76%-
Operating Cash Flow335206387266233192261316113216
Capital Expenditures-15.05-17.27-9.80-12.84-6.03-8.85-10.32-8.68-8.25-4.57
Free Cash Flow320189378253227184251308105211
Cash & Equivalents341190370301347297292259322334
Total Debt221135170191217242276319361404
Net Cash / Debt12055.4920011013055.0915.93-60.12-38.93-70.11
Assets1,8801,5441,2311,1551,1871,1411,1361,0901,1511,154
Liabilities627504440528529527554586608660
Book Value1,041857761595648609566495542492
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Federated Hermes, Inc.
Country United States
Employees 1,900
CEO John Christopher Donahue

Stock Information

Ticker Symbol FHI
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Asset Management
Unique Identifier NYSE: FHI

Description

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 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.