Federated Hermes (NYSE:FHI - Get Free Report) is anticipated to release its earnings data after the market closes on Thursday, January 30th. Analysts expect Federated Hermes to post earnings of $0.97 per share and revenue of $417,765.35 billion for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Federated Hermes (NYSE:FHI - Get Free Report) last released its quarterly earnings results on Thursday, October 24th. The company reported $1.06 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.14. Federated Hermes had a net margin of 16.62% and a return on equity of 29.85%. The business had revenue of $408.46 million during the quarter, compared to analysts' expectations of $410.26 million. During the same quarter in the previous year, the company earned $0.86 EPS. The business's quarterly revenue was up 1.4% compared to the same quarter last year. On average, analysts expect Federated Hermes to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

NYSE FHI opened at $37.95 on Thursday. Federated Hermes has a 52-week low of $31.24 and a 52-week high of $43.92. The company has a fifty day moving average of $41.16 and a 200-day moving average of $37.68. The company has a market capitalization of $3.10 billion, a P/E ratio of 12.20, a P/E/G ratio of 1.40 and a beta of 1.16. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.03 and a current ratio of 2.75.

Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $43.00 price target (down previously from $45.00) on shares of Federated Hermes in a research note on Wednesday, January 8th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $42.00 target price (down previously from $49.00) on shares of Federated Hermes in a research note on Tuesday, January 7th. TD Cowen raised shares of Federated Hermes from a "hold" rating to a "buy" rating and lifted their price target for the stock from $35.00 to $46.00 in a research note on Monday, October 28th. Royal Bank of Canada increased their target price on shares of Federated Hermes from $36.00 to $39.00 and gave the company a "sector perform" rating in a report on Monday, October 28th. Finally, UBS Group boosted their price target on shares of Federated Hermes from $36.00 to $40.00 and gave the stock a "neutral" rating in a research note on Tuesday, October 22nd. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Federated Hermes presently has a consensus rating of "Hold" and an average target price of $42.17.

View Our Latest Stock Report on Federated Hermes

In related news, CEO Saker Anwar Nusseibeh sold 12,152 shares of the company's stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $39.86, for a total transaction of $484,378.72. Following the completion of the transaction, the chief executive officer now owns 179,096 shares in the company, valued at $7,138,766.56. This represents a 6.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Dolores D. Dudiak sold 5,000 shares of the firm's stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $39.89, for a total value of $199,450.00. Following the completion of the sale, the vice president now directly owns 77,288 shares of the company's stock, valued at $3,083,018.32. The trade was a 6.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 29,280 shares of company stock valued at $1,185,871 in the last quarter. Company insiders own 3.70% of the company's stock.

Federated Hermes, Inc is a publicly owned investment manager. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider Federated Hermes, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Federated Hermes wasn't on the list.

While Federated Hermes currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.