Brokerages Anticipate Federated Investors Inc (FII) Will Post Earnings of $0.54 Per Share

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Equities analysts predict that Federated Investors Inc (NYSE:FII) will report $0.54 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Federated Investors’ earnings, with the lowest EPS estimate coming in at $0.46 and the highest estimate coming in at $0.62. Federated Investors posted earnings of $0.60 per share during the same quarter last year, which suggests a negative year over year growth rate of 10%. The firm is scheduled to report its next earnings report on Thursday, April 25th.

On average, analysts expect that Federated Investors will report full year earnings of $2.34 per share for the current financial year, with EPS estimates ranging from $2.16 to $2.57. For the next financial year, analysts forecast that the company will post earnings of $2.46 per share, with EPS estimates ranging from $2.09 to $2.70. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover Federated Investors.

Federated Investors (NYSE:FII) last released its quarterly earnings results on Thursday, January 24th. The asset manager reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.01. The firm had revenue of $307.20 million for the quarter, compared to analysts’ expectations of $305.68 million. Federated Investors had a net margin of 19.40% and a return on equity of 29.33%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.61 earnings per share.

Several research firms have recently weighed in on FII. Zacks Investment Research cut shares of Federated Investors from a “buy” rating to a “hold” rating in a report on Monday, December 17th. Royal Bank of Canada set a $26.00 price target on shares of Federated Investors and gave the stock a “hold” rating in a report on Monday, October 29th. ValuEngine cut shares of Federated Investors from a “hold” rating to a “sell” rating in a report on Friday, January 11th. TheStreet raised shares of Federated Investors from a “c+” rating to a “b” rating in a report on Wednesday, November 21st. Finally, Gabelli began coverage on shares of Federated Investors in a report on Sunday, December 16th. They issued a “buy” rating and a $37.00 price target on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $27.25.

A number of large investors have recently made changes to their positions in the stock. First Trust Advisors LP grew its position in Federated Investors by 28.8% in the fourth quarter. First Trust Advisors LP now owns 238,908 shares of the asset manager’s stock worth $6,343,000 after acquiring an additional 53,387 shares in the last quarter. Greenleaf Trust purchased a new position in Federated Investors in the fourth quarter worth $358,000. Voit & Company LLC purchased a new position in Federated Investors in the fourth quarter worth $204,000. Jennison Associates LLC purchased a new position in Federated Investors in the fourth quarter worth $661,000. Finally, Comerica Bank grew its position in Federated Investors by 0.8% in the fourth quarter. Comerica Bank now owns 70,659 shares of the asset manager’s stock worth $1,888,000 after acquiring an additional 584 shares in the last quarter. Institutional investors own 83.35% of the company’s stock.

Shares of Federated Investors stock traded up $0.04 during trading on Thursday, hitting $27.36. The stock had a trading volume of 798,100 shares, compared to its average volume of 895,138. The stock has a market cap of $2.74 billion, a P/E ratio of 11.45, a PEG ratio of 3.09 and a beta of 0.82. Federated Investors has a 12 month low of $22.06 and a 12 month high of $35.22. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.41 and a current ratio of 1.68.

The business also recently announced a quarterly dividend, which will be paid on Friday, February 15th. Investors of record on Friday, February 8th will be given a $0.27 dividend. The ex-dividend date of this dividend is Thursday, February 7th. This represents a $1.08 annualized dividend and a yield of 3.95%. Federated Investors’s dividend payout ratio (DPR) is presently 45.19%.

Federated Investors Company Profile

Federated Investors, Inc is a publicly owned asset management holding company. 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.

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