Federated Hermes Premier Municipal Income Fund

NYSE:FMN Stock Report

Market Cap: US$123.4m

Federated Hermes Premier Municipal Income Fund Past Earnings Performance

Past criteria checks 3/6

Federated Hermes Premier Municipal Income Fund's earnings have been declining at an average annual rate of -20.3%, while the Capital Markets industry saw earnings growing at 7.9% annually. Revenues have been declining at an average rate of 3% per year. Federated Hermes Premier Municipal Income Fund's return on equity is 11.9%, and it has net margins of 116%.

Key information

-20.29%

Earnings growth rate

-15.59%

EPS growth rate

Capital Markets Industry Growth10.26%
Revenue growth rate-3.01%
Return on equity11.90%
Net Margin116.00%
Last Earnings Update30 Nov 2024

Recent past performance updates

No updates

Recent updates

Federated Hermes Premier Municipal Income Fund declares $0.041 dividend

Feb 10

Federated Hermes Premier Municipal Income Fund declares $0.041 dividend

Jan 10

Federated Hermes Premier Municipal Income Fund declares $0.041 dividend

Dec 12

Federated Hermes Premier Municipal Income Fund declares $0.041 dividend

Oct 10

Federated Hermes Premier Municipal Income Fund declares $0.041 dividend

Sep 12

Federated Hermes declares $0.041 dividend

Aug 10

Federated Hermes Premier Municipal Income Fund declares $0.041 dividend

Jul 11

Revenue & Expenses Breakdown

How Federated Hermes Premier Municipal Income Fund makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:FMN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Nov 24101210
31 Aug 2410910
31 May 2410510
29 Feb 2410510
30 Nov 2310410
31 Aug 2310-110
31 May 2310-510
28 Feb 2310-1810
30 Nov 229-3220
31 Aug 2210-2720
31 May 2210-2220
28 Feb 2210-720
30 Nov 2110920
31 Aug 21111520
31 May 21112020
28 Feb 21111420
30 Nov 2011920
31 Aug 2011520
31 May 2011120
29 Feb 20121020
30 Nov 19121920
31 Aug 19121520
31 May 19121220
28 Feb 1912620
30 Nov 1812-120
31 Aug 1811120
31 May 1810210
28 Feb 188510
30 Nov 177710
31 Aug 177410
31 May 176110
28 Feb 176110
30 Nov 167110
31 Aug 167510
31 May 167910
29 Feb 167710
30 Nov 157510
31 Aug 157510
31 May 157610
28 Feb 1571010
30 Nov 1471410
31 Aug 147910
31 May 147410

Quality Earnings: FMN has a large one-off gain of $6.7M impacting its last 12 months of financial results to 30th November, 2024.

Growing Profit Margin: FMN's current net profit margins are higher than last year (35.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FMN's earnings have declined by 20.3% per year over the past 5 years.

Accelerating Growth: FMN's earnings growth over the past year (226.3%) exceeds its 5-year average (-20.3% per year).

Earnings vs Industry: FMN earnings growth over the past year (226.3%) exceeded the Capital Markets industry 18.2%.


Return on Equity

High ROE: FMN's Return on Equity (11.9%) is considered low.


Return on Assets


Return on Capital Employed

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/20 12:08
End of Day Share Price 2025/05/20 00:00
Earnings2024/11/30
Annual Earnings2024/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Federated Hermes Premier Municipal Income Fund is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.