When Is Federated Hermes Inc. (FHI) Going To Be Good Investment?
Federated Hermes Inc. (NYSE:FHI) has a beta value of 1.15 and has seen 0.28 million shares traded in the last trading session. The company, currently valued at $3.38B, closed the last trade at $34.31 per share which meant it lost -$0.03 on the day or -0.09% during that session. The FHI stock price is -0.96% off its 52-week high price of $34.64 and 43.08% above the 52-week low of $19.53. The 3-month trading volume is 886.53K shares. The consensus among analysts is that Federated Hermes Inc. (FHI) is a Hold stock at the moment, with a recommendation rating of 2.80. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 8 out of 11 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. Federated Hermes Inc. (NYSE:FHI) trade information  Sporting -0.09% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 07/02/21 when the FHI stock price touched $34.31 or saw a rise of 0.67%. Year-to-date, Federated Hermes Inc. shares have moved 18.76%, while the 5-day performance has seen it change -0.90%. Over the past 30 days, the shares of Federated Hermes Inc. (NYSE:FHI) have changed 7.69%. Wall Street analysts have a consensus price target for the stock at $30.06, which means that the shares value could drop -14.14% from current levels. The projected low price target is $25.00 while the price target rests at a high of $34.00. In that case, then, we find that the current price level is 0.9% off the targeted high while a plunge would see the stock lose 27.13% from current levels. Federated Hermes Inc. (FHI) estimates and forecasts  Figures show that Federated Hermes Inc. shares have underperformed across the wider relevant industry. The companys shares have gained 18.76% over the past 6 months, with this year growth rate of -9.91%, compared to 16.00% for the industry. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 14.90% over the past 5 years. Earnings growth for 2021 is a modest 20.70% while over the next 5 years, the companys earnings are expected to increase by 0.28%. FHI Dividends  Federated Hermes Inc. is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the companys debt issue. The forward dividend is 1.08 at a share yield of 3.15%. The companys dividend yield has gone up over the past 12 months.