Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
Federated Hermes (FHI)
NYSEFinancialsAsset ManagementSnapshot 2026-11-05
$64.04-2.57%
Close 2026-11-05 · 1-day change
NYSEFinancialsAsset ManagementSnapshot 2026-11-05
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
5.95 → 6.04 EPS · FY ending Dec 31, 2027 · 5 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 6, 2026 to Nov 5, 2026: (new ÷ prior − 1). Contributor count changed from 5 to 5; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for FHI yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Grow assets under management | Federated Hermes is growing assets under management to a record $907 billion. | Intact | AUM falls below $900 billion | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
FHI is an asset-management business with growth efforts in equity, money market, and private markets offerings. The long-term thesis is a growth-oriented financials story, but the current state is watch: recent performance trails its industry cohort and earnings quality is fragile.
FHI is assessed as cheap versus peers, and the priced-in signal is tagged justified, with low fragility. The expectations gap is slightly negative, suggesting the market is not relying on especially strong execution, though the valuation model has only medium confidence.
Over the multi-year view, equity assets and alternative/private markets assets have grown, and diluted EPS was higher year over year in Q3 2026. Near term, the October earnings miss and a run of misses raise execution risk, while the latest signal remains mildly favorable and management is stable.
The thesis depends on continued asset growth and stronger, more consistent earnings execution. A guidance cut or falling rates would be negative near-term factors; continued earnings strength and higher guidance from sector bellwethers could support sector momentum.
Over the next 1 to 3 years, FHI has credible asset-growth efforts and a cheap-versus-peers valuation, but fragile earnings and recent underperformance make execution the key test. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| A supporting condition in Federated Hermes's published investment case. The stated target is Dividend per share >= $0.38 per quarter. |
| Intact |
| Dividend per share falls below $0.38 |
Dividend per share: $0.38 per share FY2026-Q3; GAAP. Published target: Dividend per share >= $0.38 per quarter. Target period is not explicitly aligned with this observation. Oct 30, 20260.38 USD/share · source valueLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Increase earnings per share | Earnings per share rose slightly to $1.27 in Q1 2026. | Intact | EPS falls below $5.13 for FY 2025 | Diluted EPS: $1.50 per share FY2026-Q3; GAAP. Published target: >=$5.13 EPS for FY 2025. Annual target cannot be compared with a quarterly or TTM observation. Oct 30, 20261.5 USD/share · source valueLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$5.84 → $6.04 · observed estimates
$2.07B → $2.07B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $5.84 | $2,074,252,960 | 6 / 4 |
| 2026-07-25 | $5.84 | $2,074,252,960 | 6 / 4 |
| 2026-07-26 | $5.93 | $2,083,552,958 | 5 / 4 |
| 2026-07-27 | $5.84 | $2,074,252,960 | 6 / 4 |
| 2026-07-28 | $5.93 | $2,083,552,958 | 5 / 4 |
| 2026-07-29 | $5.84 | $2,074,252,960 | 6 / 4 |
| 2026-07-30 | $5.84 | $2,074,252,960 | 6 / 4 |
| 2026-07-31 | $5.84 | $2,074,252,960 | 6 / 4 |
| 2026-08-01 | $5.94 | $2,078,980,919 | 5 / 4 |
| 2026-08-02 | $5.86 | $2,069,677,960 | 6 / 4 |
| 2026-08-03 | $5.86 | $2,069,677,960 | 6 / 4 |
| 2026-08-04 | $5.86 | $2,069,677,960 | 6 / 4 |
| 2026-08-05 | $5.87 | $2,064,777,250 | 6 / 4 |
| 2026-08-06 | $5.87 | $2,064,777,250 | 6 / 4 |
| 2026-08-07 | $5.97 | $2,085,609,000 | 5 / 4 |
| 2026-08-08 | $5.87 | $2,064,777,250 | 6 / 4 |
| 2026-08-09 | $5.87 | $2,064,777,250 | 6 / 4 |
| 2026-08-10 | $5.97 | $2,085,609,000 | 5 / 4 |
| 2026-08-11 | $5.87 | $2,064,777,250 | 6 / 4 |
| 2026-08-12 | $5.88 | $2,064,777,250 | 5 / 4 |
| 2026-08-13 | $5.97 | $2,085,609,000 | 5 / 4 |
| 2026-08-14 | $5.97 | $2,085,609,000 | 5 / 4 |
| 2026-08-15 | $5.97 | $2,085,609,000 | 5 / 4 |
| 2026-08-16 | $5.97 | $2,085,609,000 | 5 / 4 |
| 2026-08-17 | $5.97 | $2,085,609,000 | 5 / 4 |
| 2026-08-18 | $5.97 | $2,085,609,000 | 5 / 4 |
| 2026-08-19 | $5.97 | $2,085,609,000 | 5 / 4 |
| 2026-08-20 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-08-21 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-08-22 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-08-23 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-08-24 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-08-25 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-08-26 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-08-27 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-08-28 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-08-29 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-08-30 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-08-31 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-09-01 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-09-02 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-09-03 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-09-04 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-09-05 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-09-06 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-09-07 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-09-08 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-09-09 | $5.96 | $2,092,652,250 | 5 / 4 |
| 2026-09-10 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-11 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-12 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-13 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-14 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-15 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-16 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-17 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-18 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-19 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-20 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-21 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-22 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-23 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-24 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-25 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-26 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-27 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-28 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-29 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-09-30 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-10-01 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-10-02 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-10-03 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-10-04 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-10-05 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-10-06 | $5.95 | $2,092,652,250 | 5 / 4 |
| 2026-10-07 | $5.96 | $2,079,602,250 | 5 / 4 |
| 2026-10-08 | $5.96 | $2,079,602,250 | 5 / 4 |
| 2026-10-09 | $5.90 | $2,072,352,250 | 5 / 4 |
| 2026-10-10 | $5.90 | $2,072,352,250 | 5 / 4 |
| 2026-10-11 | $5.94 | $2,077,331,000 | 5 / 4 |
| 2026-10-12 | $5.94 | $2,077,331,000 | 5 / 4 |
| 2026-10-13 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-14 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-15 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-16 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-17 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-18 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-19 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-20 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-21 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-22 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-23 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-24 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-25 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-26 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-27 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-28 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-29 | $5.86 | $2,077,331,000 | 5 / 4 |
| 2026-10-30 | $5.86 | $2,078,072,827 | 5 / 4 |
| 2026-10-31 | $5.93 | $2,069,081,000 | 5 / 4 |
| 2026-11-01 | $5.93 | $2,069,081,000 | 5 / 4 |
| 2026-11-02 | $5.93 | $2,069,081,000 | 5 / 4 |
| 2026-11-03 | $6.03 | $2,069,081,000 | 5 / 4 |
| 2026-11-04 | $6.04 | $2,065,565,000 | 5 / 4 |
| 2026-11-05 | $6.04 | $2,065,565,000 | 5 / 4 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 1 Buy / Strong Buy · 6 Hold · 1 Sell / Strong Sell
Recent actions · Oct 7–Nov 5 · 6 recorded
0 raises · 0 cuts · 0 unchanged · 1 without a comparable prior
Oct 7, 2026–Nov 5, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.