Federated Hermes, Inc. (FHI)
| Market Cap | 2.98B |
| Revenue (ttm) | 1.28B |
| Net Income (ttm) | 251.67M |
| Shares Out | 91.67M |
| EPS (ttm) | 2.61 |
| PE Ratio | 12.44 |
| Forward PE | 10.55 |
| Dividend | $1.08 (3.33%) |
| Ex-Dividend Date | May 5, 2022 |
| Volume | 853,816 |
| Open | 32.34 |
| Previous Close | 32.13 |
| Day's Range | 31.51 - 32.50 |
| 52-Week Range | 27.88 - 39.82 |
| Beta | 1.13 |
| Analysts | Sell |
| Price Target | 31.70 (-2.4%) |
| Earnings Date | Apr 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...
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 StatementsAnalyst 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.
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 ...
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...
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...
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.
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?
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...
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.
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...
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...
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.
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.
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...
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.
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.
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?
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...
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.
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.
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
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...
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.
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...
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...
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.
Federated (FHI) Q3 Earnings Beat Estimates, AUM Rises Y/Y
Federated's (FHI) Q3 earnings reflect controlled expenses, favorable debt levels and lower revenues.