Federated Hermes, Inc. (FHI)

Market Cap	2.85B
Revenue (ttm)	1.59B
Net Income (ttm)	240.46M
Shares Out	78.72M
EPS (ttm)	2.94
PE Ratio	12.27
Forward PE	9.45
Dividend	$0.85 (2.36%)
Ex-Dividend Date	Aug 8, 2024

Volume	180,985
Open	36.65
Previous Close	36.38
Day's Range	36.12 - 36.65
52-Week Range	30.23 - 37.43
Beta	1.12
Analysts	Buy
Price Target	38.00 (+5.03%)
Earnings Date	Oct 24, 2024

About 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 e...

• Industry: Asset Management
• Sector: Financials
• Founded: 1955
• Employees: 2,025
• Stock Exchange: NYSE
• Ticker Symbol: FHI
• Website: https://www.federatedinvestors.com

Financial Performance

In 2023, Federated Hermes's revenue was $1.61 billion, an increase of 11.33% compared to the previous year's $1.45 billion. Earnings were $285.00 million, an increase of 25.18%.

Analyst Forecast

According to 6 analysts, the average rating for FHI stock is "Buy." The 12-month stock price forecast is $38.0, which is an increase of 5.03% from the latest price.

Price Target

$38.0

(5.03% upside)

Analyst Consensus: Buy