Federated Hermes Stock (NYSE:FHI)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$34.27

52W Range

$30.23 - $37.10

50D Avg

$33.81

200D Avg

$34.01

Market Cap

$2.87B

Avg Vol (3M)

$636.39K

Beta

1.12

Div Yield

$1.24 (6.37%)

FHI Company Profile


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.

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Industry

Asset Management

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

2,000

IPO Date

May 14, 1998

Website

FHI Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Federated Hermes Funds$1.35B$1.19B$1.02B
Separate accounts$244.95M$238.64M$259.03M
Other$16.03M--

Fiscal year ends in Dec 23 | Currency in USD

FHI Financial Summary


Dec 23Dec 22Dec 21
Revenue$1.61B$1.45B$1.30B
Operating Income$387.55M$336.80M$366.27M
Net Income$298.98M$239.50M$270.29M
EBITDA$381.75M$337.02M$353.57M
Basic EPS$3.57$2.56$2.77
Diluted EPS$3.57$2.56$2.75

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q2 24Jul 26, 24 | 12:29 PM
Q1 24Apr 27, 24 | 1:45 PM
Q4 23Jan 26, 24 | 12:38 PM

Peer Comparison


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DHILDiamond Hill Investment Group, Inc.