Federated Hermes (NYSE:FHI – Get Free Report) is projected to announce its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect Federated Hermes to post earnings of $1.43 per share and revenue of $504.91 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Friday, October 30, 2026 at 9:00 AM ET.
Federated Hermes (NYSE:FHI – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.19 by $0.19. The business had revenue of $502.78 million during the quarter, compared to analyst estimates of $488.34 million. Federated Hermes had a net margin of 21.30% and a return on equity of 34.03%. The business’s quarterly revenue was up 18.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.16 earnings per share. On average, analysts expect Federated Hermes to post $5.51 EPS for the current fiscal year and $5.82 EPS for the next fiscal year.
Federated Hermes Trading Up 0.2%
Federated Hermes stock opened at $56.95 on Tuesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.89 and a current ratio of 2.59. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of 10.59, a price-to-earnings-growth ratio of 1.50 and a beta of 0.66. Federated Hermes has a 1 year low of $46.66 and a 1 year high of $67.20. The firm’s 50 day moving average price is $59.26 and its two-hundred day moving average price is $57.26.
Federated Hermes Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 7th were given a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, August 7th. Federated Hermes’s dividend payout ratio is 28.25%.
Wall Street Analyst Weigh In
FHI has been the subject of several research reports. TD Cowen reduced their price objective on Federated Hermes from $60.00 to $56.00 and set a “hold” rating for the company in a research note on Monday, October 12th. Royal Bank Of Canada boosted their target price on Federated Hermes from $54.00 to $57.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 2nd. Weiss Ratings raised Federated Hermes from a “buy (b+)” rating to a “buy (a-)” rating in a report on Friday, October 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $58.00 price target on shares of Federated Hermes in a research report on Monday, August 3rd. Finally, Zacks Research cut Federated Hermes from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $57.80.
Get Our Latest Research Report on Federated Hermes
About Federated Hermes
Federated Hermes, Inc is a global investment management company that provides asset management services to individuals, financial intermediaries, corporations, governments and other institutions. The company manages a range of investment strategies, including equity, fixed-income, money market, multi-asset, alternative and liquidity management products.
Its offerings are distributed through mutual funds, exchange-traded funds, separately managed accounts, collective investment trusts and institutional mandates.
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