Federated Hermes, Inc. (FHI) stock
Close on Nov 12, 2026Market cap $4.70BP/E 11.5Yield 2.09%
Federated Hermes, Inc. grew revenue 13.2% to $1.97B over the twelve months to Sep 30, 2026. Operating income rose 12.1% to $548.09M, moving the operating margin from 28.0% to 27.8%. Free cash flow was $385.55M, up 48.8% from a year earlier. At the latest close the market valued the company at $4.70B, 11.5 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $4.70B
- P/E ratio
- 11.5
- Price to sales
- 2.38
- Price to book
- 3.64
- Dividend yield
- 2.09%
- Free cash flow yield
- 8.21%
Fundamentals
- Revenue
- $1.97B
- Net income
- $419.62M
- EPS, diluted
- $5.54
- Free cash flow
- $385.55M
- Book value per share
- $18.18
- Diluted shares
- 71M
Trading
- Next earnings
- Jan 28, 2027 (estimated, after the close)
- Previous close
- $64.67
- Open
- $64.91
- Day's range
- $63.41 – $65.32
- Volume
- 384,489
- Average volume (20 days)
- 859,482
- Index membership
- S&P MidCap 400
- Beta (5 years)
- 0.65
- 52-week range
- $47.30 – $67.38
- RSI (14 days)
- 61.4
- Volatility (1 year)
- 26.0%
- Relative volume
- 0.56×
- WACC
- 8.1%
On 2 of our idea lists: Top scores, Buyback cannibals
Index membership is inferred from the holdings of funds that track each index (IJH, SPMD), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2012, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | FHI | S&P 500 | Difference | FHI per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +13.4% | -2.7% | +16.1 pts | ||
| 3 months | +0.8% | -1.7% | +2.6 pts | ||
| Year to date | +24.4% | +11.9% | +12.5 pts | ||
| 1 year | +28.6% | +12.0% | +16.6 pts | ||
| 3 years | +117.3% | +78.2% | +39.1 pts | +29.5% | +21.2% |
| 5 years | +112.3% | +73.2% | +39.1 pts | +16.3% | +11.6% |
| 10 years | +238.5% | +309.6% | −71.1 pts | +13.0% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Federated Hermes filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- News
- Results
- Results
About Federated Hermes
Investment Advice
Federated Hermes, Inc. is an investment management company that delivers active investing solutions. The firm offers investment advisory, administrative, and distribution services, operating across asset classes including money market, equity, and fixed-income portfolios. It manages mutual funds such as Federated Hermes Funds and separate accounts, while also providing stewardship services for engagement, alongside real estate and renewable energy project development services. Its client base includes individual and institutional investors, intermediary customers that distribute products, affiliated entities, and financial institutions such as The Bank of New York Mellon Corporation.
Company profile, executives and historyFederated Hermes stock: common questions
What is Federated Hermes's stock price?
FHI closed at $63.52 on Nov 12, 2026, down 1.78% on the day. Over the past 52 weeks it traded between $47.30 and $67.38.
What is Federated Hermes's market cap?
Federated Hermes was worth $4.70B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is FHI's P/E ratio?
FHI trades at 11.5 times earnings, based on diluted earnings per share of $5.54 over the twelve months to Sep 30, 2026.
How much revenue does Federated Hermes make?
Federated Hermes reported revenue of $1.97B for the twelve months to Sep 30, 2026, up 13.2% from a year earlier.
Does Federated Hermes pay a dividend?
Yes. Federated Hermes paid $1.33 per share over the last twelve months, a yield of 2.09% at the latest price.
When does Federated Hermes report earnings next?
Federated Hermes is expected to report Q4 FY2026 results on Jan 28, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has FHI stock performed over the past year?
Including dividends, FHI returned +28.6% over the past year, against +12.0% for the S&P 500.
How many FHI shares are sold short?
4M shares were sold short at the latest FINRA report, 6.15% of the float, or 5.3 days of average trading volume.
Who are Federated Hermes's competitors?
Companies most similar to Federated Hermes by business, industry and size include VCTR, STEP, VRTS, PJT, APAM.
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