FHI

Federated Hermes Inc

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Advanced Chart

51.345

+0.095(0.185%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

51.900

Open

51.300

VWAP

51.49

Vol

168.47K

Mkt Cap

3.97B

Low

51.300

Amount

8.68M

EV/EBITDA(TTM)

7.23

Total Shares

84.16M

3.88B

EV/OCF(TTM)

14.01

P/S(TTM)

2.41

Federated Hermes, Inc. is an investment management company. The Company operates through a single segment, being the investment management business. It sponsors, markets, and provides investment-related services to various investment products, including sponsored investment companies and other funds (Federated Hermes Funds); and Separate Accounts, which include separately managed accounts (SMAs), institutional accounts, sub-advised funds and other managed products in both domestic and international markets. In addition, it markets and provides stewardship and real estate development services to various domestic and international companies. The Company provides investment advisory services to approximately 176 Federated Hermes Funds. It markets these funds to institutional customers and banks, broker/dealers and other financial intermediaries who use them to meet the needs of customers and/or clients, including, among others, retail investors, corporations, and retirement plans.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

429.57M

+1.42%

1.120

+1.82%

433.89M

+2.17%

1.139

+9.48%

429.15M

+5.07%

1.111

+4.78%

Estimates Revision

The market is revising Downward the revenue expectations for Federated Hermes, Inc. (FHI) for FY2025, with the revenue forecasts being adjusted by -0.03% over the past three months. During the same period, the stock price has changed by 19.57%.

Revenue Estimates for FY2025

Revise Downward

-0.03%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+4.15%

In Past 3 Month

Stock Price

Go Up

+19.57%

In Past 3 Month

5 Analyst Rating

-1.84% Downside

Wall Street analysts forecast FHI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FHI is 50.40 USD with a low forecast of 45.00 USD and a high forecast of 57.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

3 Hold

0 Sell

Moderate Buy

-1.84% Downside

Current: 51.345

Low

45.00

Averages

50.40

High

57.00

-1.84% Downside

Current: 51.345

Low

45.00

Averages

50.40

High

57.00

JPMorgan

Kenneth Worthington

Underweight -> Neutral

upgrade

$40 -> $54

2025-08-04

Reason

JPMorgan

Kenneth Worthington

Price Target

$40 -> $54

2025-08-04

upgrade

Underweight -> Neutral

Reason

JPMorgan analyst Kenneth Worthington upgraded Federated Hermes to Neutral from Underweight with a price target of $54, up from $40, post the Q2 report. The company's July is off to a better start with money market assets up $8B from the end of the quarter, the analyst tells investors in a research note. The firm says Federated's equity business is doing better. Further, rate cuts in the second half of the year will benefit the industry as institutional clients move away from the direct market, contends JPMorgan.

RBC Capital

Sector Perform

maintain

$43 -> $45

2025-07-10

Reason

RBC Capital

Price Target

$43 -> $45

2025-07-10

maintain

Sector Perform

Reason

RBC Capital raised the firm's price target on Federated Hermes to $45 from $43 and keeps a Sector Perform rating on the shares as part of a broader research note previewing Q2 results for the U.S. Asset Management industry. The firm cites compounding of AUM from strong market returns seen in Q2 but adding that it would lean towards names with non-US/global AUM exposure, given market returns and the potential for broadening of net flows longer term, the analyst tells investors in a research note.

TD Cowen

Buy

Hold

downgrade

2025-05-14

Reason

TD Cowen

Price Target

2025-05-14

downgrade

Buy

Hold

Reason

TD Cowen downgraded Federated Hermes to Hold from Buy.

TD Cowen

Bill Katz

Buy -> Hold

downgrade

$46 -> $45

2025-05-14

Reason

TD Cowen

Bill Katz

Price Target

$46 -> $45

2025-05-14

downgrade

Buy -> Hold

Reason

As previously reported, TD Cowen analyst Bill Katz downgraded Federated Hermes to Hold from Buy with a price target of $45, down from $46. The downgrade follows strong absolute and relative price action since October and year-to-date, respectively, along with shifting macro and micro dynamics, the analyst noted. Based on retail metrics, fund flows seem to be decelerating quarter-to-date, while recent tariff news is "likely to rotate investors toward higher beta stocks," the analyst added.

Evercore ISI Group

John Dunn

Buy

Maintains

$42 → $38

2025-04-11

Reason

Evercore ISI Group

John Dunn

Price Target

$42 → $38

2025-04-11

Maintains

Buy

Reason

JP Morgan

Kenneth Worthington

Hold

Sell

Downgrades

$42 → $41

2025-02-05

Reason

JP Morgan

Kenneth Worthington

Price Target

$42 → $41

2025-02-05

Downgrades

Hold

Sell

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Federated Hermes Inc (FHI.N) is 11.22, compared to its 5-year average forward P/E of 10.49. For a more detailed relative valuation and DCF analysis to assess Federated Hermes Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

10.49

Current PE

11.22

Overvalued PE

11.76

Undervalued PE

9.22

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

6.65

Current EV/EBITDA

7.50

Overvalued EV/EBITDA

7.91

Undervalued EV/EBITDA

5.39

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Overvalued

5Y Average PS

1.93

Current PS

2.18

Overvalued PS

2.16

Undervalued PS

1.70