Federated Hermes, Inc. (FHI)
NYSE: FHI · IEX Real-Time Price · USD
33.05
+0.31 (0.95%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Federated Hermes Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Federated Hermes stock have an average target of 38.33, with a low estimate of 32 and a high estimate of 47. The average target predicts an increase of 15.98% from the current stock price of 33.05.
Analyst Consensus: Buy
* Price targets were last updated on May 1, 2024.
Analyst Ratings
The average analyst rating for FHI stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $39 → $37 | Buy | Maintains | $39 → $37 | +11.95% | May 1, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $46 → $47 | Buy | Maintains | $46 → $47 | +42.21% | Apr 17, 2024 |
| UBS | UBS | Hold Maintains $37 → $39 | Hold | Maintains | $37 → $39 | +18.00% | Apr 12, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $36 → $39 | Buy | Maintains | $36 → $39 | +18.00% | Mar 8, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $36 → $37 | Hold | Maintains | $36 → $37 | +11.95% | Jan 29, 2024 |
Financial Forecast
Revenue This Year
1.64B
from 1.61B
Increased by 1.83%
Revenue Next Year
1.72B
from 1.64B
Increased by 4.94%
EPS This Year
3.65
from 3.40
Increased by 7.39%
EPS Next Year
4.02
from 3.65
Increased by 10.07%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.7B | 1.9B | 2.0B | 1.8B | 1.8B |
| Avg | 1.6B | 1.7B | 1.8B | 1.8B | 1.7B |
| Low | 1.6B | 1.6B | 1.6B | 1.7B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.8% | 15.1% | 16.3% | 0.5% | 0.2% |
| Avg | 1.8% | 4.9% | 6.2% | -3.3% | -3.6% |
| Low | -2.5% | -4.6% | -5.1% | -6.1% | -6.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.84 | 4.43 | 4.86 | 4.07 | 4.31 |
| Avg | 3.65 | 4.02 | 4.20 | 3.92 | 4.14 |
| Low | 3.47 | 3.76 | 3.46 | 3.80 | 4.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.0% | 21.4% | 21.0% | -3.0% | 9.9% |
| Avg | 7.4% | 10.1% | 4.5% | -6.7% | 5.7% |
| Low | 2.0% | 3.1% | -13.9% | -9.4% | 2.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.