Federated Hermes Inc
General ticker "FHI" information:
- Sector: Financials
- Industry: Capital Markets
- Capitalization: $3.3B
Federated Hermes Inc follows the US Stock Market performance with the rate: 47.4%.
Estimated limits based on current volatility of 1.0%: low 40.48$, high 41.32$
Factors to consider:
- Company pays dividends: last record date 2024-11-08, amount 0.31$ (Y3.03%)
- US accounted for 80.3% of revenue in the fiscal year ended 2023-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [32.29$, 45.02$]
- 2024-12-30 to 2025-12-30 estimated range: [37.02$, 50.72$]
Financial Metrics affecting the FHI estimates:
- Positive: Non-GAAP EPS, $ of 3.41 > 2.29
- Positive: Industry operating profit margin (median), % of 28.03 > 11.86
- Positive: -0.96 < Investing cash flow per share, $ of -0.37
- Negative: -0.39 < Industry inventory ratio change (median), % of 0
- Positive: Operating profit margin, % of 24.08 > 19.51
Short-term FHI quotes
Long-term FHI plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $1,300.45MM | $1,445.81MM | $1,609.57MM |
| Operating Expenses | $934.17MM | $1,109.02MM | $1,222.03MM |
| Operating Income | $366.27MM | $336.80MM | $387.55MM |
| Non-Operating Income | $10.02MM | $-30.57MM | $23.78MM |
| Interest Expense | $1.78MM | $11.07MM | $12.52MM |
| R&D Expense | $0.00MM | $0.00MM | $0.00MM |
| Income(Loss) | $376.29MM | $306.22MM | $411.33MM |
| Taxes | $103.98MM | $71.66MM | $106.55MM |
| Profit(Loss) | $272.31MM | $234.56MM | $304.78MM |
| Stockholders Equity | $1,114.02MM | $1,045.69MM | $1,128.25MM |
| Inventory | $96.27MM | $94.01MM | $0.00MM |
| Assets | $2,018.19MM | $2,020.48MM | $2,101.84MM |
| Operating Cash Flow | $170.38MM | $323.95MM | $311.83MM |
| Capital expenditure | $10.42MM | $4.37MM | $7.92MM |
| Investing Cash Flow | $10.82MM | $-32.36MM | $-30.61MM |
| Financing Cash Flow | $-249.47MM | $-168.51MM | $-243.09MM |
| Earnings Per Share* | $2.77 | $2.65 | $3.40 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.