Federated Hermes, Inc. (FHI)

Last Closing Price: 34.98 (2024-04-24)

Company Description

Federated Hermes, Inc., a global asset manager, offers world-class active investment management and engagement services with a wide range of asset classes around the world. Its clients include corporations, government entities, insurance companies, foundations & endowments, banks and broker/dealers. It provides investment advisory, administrative, distribution and other services to various investment products, including sponsored investment companies and other funds (Federated Hermes Funds) and Separate Accounts in both domestic & international markets. It offers financial intermediaries and institutions strategies that include regional and global high-active-share equities, fixed income, real estate, infrastructure, private equity and private debt. It also markets and provides stewardship and real estate development services to various domestic and international companies. Federated completed the buyout of certain investment management-related assets of Horizon Advisers and acquired Hermes Fund Managers Ltd.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $1.61B
Net Income (Most Recent Fiscal Year) $298.98M
PE Ratio (Current Year Earnings Estimate) 9.30
PE Ratio (Trailing 12 Months) 10.25
PEG Ratio (Long Term Growth Estimate) 0.82
Price to Sales Ratio (Trailing 12 Months) 1.83
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 2.63
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 9.10
Pre-Tax Margin (Trailing 12 Months) 25.56%
Net Margin (Trailing 12 Months) 18.58%
Return on Equity (Trailing 12 Months) 26.76%
Return on Assets (Trailing 12 Months) 14.51%
Current Ratio (Most Recent Fiscal Quarter) 2.51
Quick Ratio (Most Recent Fiscal Quarter) 1.89
Debt to Common Equity (Most Recent Fiscal Quarter) 0.31
Inventory Turnover (Trailing 12 Months) 0.00
Book Value per Share (Most Recent Fiscal Quarter) $13.30
Earnings per Share (Most Recent Fiscal Quarter) $0.96
Earnings per Share (Most Recent Fiscal Year) $3.40
Diluted Earnings per Share (Trailing 12 Months) $3.41
Stock
Exchange NYSE
Sector Financial Services
Industry Asset Management
Common Shares Outstanding 84.45M
Free Float 81.32M
Market Capitalization $2.95B
Average Volume (Last 20 Days) 0.79M
Beta (Past 60 Months) 1.12
Percentage Held By Insiders (Latest Annual Proxy Report) 3.70%
Percentage Held By Institutions (Latest 13F Reports) 75.94%
Annual Dividend (Based on Last Quarter) $1.12
Dividend Yield (Based on Last Quarter) 3.20%