How to Buy Federated Hermes Stock
Federated Hermes Inc
Federated Hermes, Inc. is a publicly owned asset management holding company.
Federated Hermes stock last closed at $34.98, up 0.09% from the previous day, and has decreased 17.87% in one year. It has underperformed other stocks in the Asset Management industry by 0.13 percentage points. Federated Hermes stock is currently +15.71% from its 52-week low of $30.23, and -17.83% from its 52-week high of $42.57.
As of Apr 24, 2024, there are 84.45M FHI shares outstanding. The market value of FHI is $2.95B. In the past 24 hours, 613,614 FHI shares were traded.
How to Buy Federated Hermes Stock
Wondering how to invest in Federated Hermes stock? Here's how.
- Choose where to buy Federated Hermes stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Federated Hermes stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Pick your payment method and add your information.
- Analyze Federated Hermes stock: The Federated Hermes ticker symbol is FHI. Is Federated Hermes stock a good investment? Should you buy shares of FHI? How do FHI's underlying business fundamentals look? Do top analysts think Federated Hermes is a good buy? Why has FHI's stock price moved recently? (Hint: Our stock market research website can help you figure out if FHI is a good stock to buy).
- Make your FHI purchase: Decide if you will purchase FHI shares at the current market price or use a limit order to buy FHI shares at a given price.
- Get the latest scoop on your investment in FHI: Create a watchlist to track your investment in Federated Hermes stock.
Step 1: Choose where to buy Federated Hermes stock
You will need a brokerage account in order to access the NYSE market and buy FHI shares.
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Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you can invest in FHI today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on our top ranked stock app, you can securely and quickly fund your account:
Watch the video below to see the process of depositing money into your investment account.
Step 4: Analyze Federated Hermes stock
Once you have chosen the best place to buy Federated Hermes stock, it's crucial to evaluate their stock before you buy, so you can understand the risk as well as the upside.
Overview of key FHI info
Federated Hermes Overview
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on FHI's stock page.
How is FHI stock valued?
You can use many financial metrics, analyses, models, and charts to gauge FHI's true value.
Using relative valuations measures:
- FHI could be undervalued based on its P/E ratio of 10.29x, relative to Asset Management industry P/E ratio of 31.24x
- FHI may be overvalued based on its P/B ratio of 2.62x, relative to Asset Management industry P/B ratio of 2.36x
- FHI could be undervalued based on its PEG ratio of 0.8x
You can access more valuation research on FHI's stock here.
Is FHI a healthy company?
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the FHI balance sheet.
- FHI earnings of $418.05M is not sufficient to cover its interest payments.
- FHI profit margin has gone up from 16.6% to 18.6% in the past year.
- There are more short-term assets than long-term liabilities on the FHI balance sheet.
- FHI's operating cash flow of $311.83M allows it to safely service it's debt of $457.94M.
Negative Health Checks:
- Total FHI debt is higher than 5 years ago, relative to shareholder equity.
- FHI has a relatively high debt to equity ratio of 0.84.
Is FHI stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 Wall Street analysts who give recommendations on FHI, the consensus analyst rating on FHI is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Federated Hermes stock forecast page.
Metrics for Advanced FHI Traders
Is FHI Making Money?
Last year, FHI earnings were $298.98M. In the last 5 year, FHI's earnings have gone up by 9.3% per year. This was faster than the Asset Management industry average of 7.05%.
Last year, FHI revenue was $1.61B. Over the past 5 year, FHI's revenue has increased by 7.22% per year. This was slower than the Asset Management industry average of 20.67%.
Find out more about FHI's earnings and revenue performance here.
Latest Insiders Trades at FHI
In the past 12 months, insiders at FHI have sold more shares than they have bought.
Peter J. Germain, EVP CLO Sec. of FHI, was the latest FHI insider to sell. They sold $191,728.01 worth of FHI shares on Mar 5, 2024.
Dig into more about who owns FHI stock here.
Can I rely on FHI as an income stream?
Federated Hermes pays a dividend of 3.2%, compared to the Asset Management industry's average dividend yield of 6.69%. If you owned $1,000 of FHI stock, you would have been paid $32.02 last year.
Federated Hermes dividend payments have consistently grown over the past decade but have not remained stable.
Get more data about Federated Hermes dividend yield and history here.
FHI Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your FHI purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, use a limit order.
Hit the Open Trade button and your broker will place the order.
If you require additional help buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your investment in FHI
Now that you own some FHI shares, you'll want to keep up with your new stock purchase.
Create a watchlist to monitor your FHI stock.
FHI Feed
How to Buy Stock in Federated Hermes
To reiterate, here are the 6 steps you need to take to buy Federated Hermes stock right now:
- Choose where to buy Federated Hermes stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Federated Hermes stock
- Make your FHI purchase
- Get the latest scoop on your investment in FHI
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Federated Hermes, hit the button below to create your watchlist.
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