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Federated Hermes Premier Municipal Income Fund (FMN) Stock Analysis

Federated Hermes Premier Municipal Income Fund (FMN) is a Asset Management stock listed on NYSE and quoted in US Dollar.

FMN

$10.90

−$0.01 (−0.09%)

Sep 4, 2026 · Market close

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Price History

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FMN Key Statistics

As of Sep 4, 2026
Trading
Open
$10.98
Previous Close
$10.91
Day's Range
10.87–10.98
52-Week Range
10.61–11.76
Volume
11.70K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.60
Valuation
Market Cap
$85.22M
P/E Ratio
9.56
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
11.06
EPS (ttm)Profit attributable to each share over the last twelve months.
1.14
Financials (FY)
Revenue (FY)
$977.82K−91.95%
Net Income (FY)
$928.37K−92.26%
Profit marginThe share of revenue left as profit after all costs and taxes.
12.05%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
7.82M
1-Year Return
+7.20%
Dividend and dates
Dividend
$0.54+4.95%
Ex-Dividend Date
August 21, 2026
Avg Volume
22.58K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

FMN Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+0.92%
2025+6.78%
2024+3.21%
2023+9.23%
2022−26.70%
2021+5.96%
2020+9.78%
2019+20.25%
2018−7.94%
2017+5.77%
2016 (partial year)−12.82%

As of September 4, 2026.

FMN Revenue and Earnings by Fiscal Year

FY ends November
Fiscal yearRevenueNet incomeNet margin
2025$977.82K$928.37K94.9%
2024$12.15M$12.00M98.8%
2023$3.81M$3.68M96.6%
2022−$31.52M−$31.65M100.4%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$977.82K$928.37K94.9%
2024$12.15M$12.00M98.8%
2023$3.81M$3.68M96.6%
2022−$31.52M−$31.65M100.4%

Annual figures as reported, in the company's reporting currency. As of November 30, 2025.

FMN Dividend History

$0.52+16.3% vs 2024

Dividends per share, 2025 · 12 payments

YearDividends per sharePaymentsChange
2026*$0.368
2025$0.5212+16.3%
2024$0.4412−0.2%
2023$0.4412−20.3%
YearDividends per sharePaymentsChange
2026 (partial year)$0.368
2025$0.5212+16.3%
2024$0.4412−0.2%
2023$0.4412−20.3%
2022$0.5612−14.0%
2021$0.6512+5.2%
2020$0.6212−0.6%
2019$0.6212−9.2%
2018$0.6812−6.7%
2017$0.7312+170.1%
2016$0.274

Most recent payment: $0.05 per share, ex-dividend August 21, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

FMN Valuation vs Asset Management Median

Median of 561 stocks
MetricFMNAsset Management medianvs median
P/E9.5610.348% below
P/S ratio11.0610.426% above
Profit margin12.05%24.09%12.0 pts below

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Federated Hermes Premier Municipal Income Fund (FMN) is capitalised at $85.22M on the latest close. The company sits in the Financial Services sector, in the Asset Management industry.

The most recent close on file for FMN is $10.90, dated September 4, 2026. That is −$0.01 (−0.09%) against the previous close. The 52-week range on file runs from $10.61 to $11.76. The latest close sits 2.73% above that 52-week low.

Financial Health

In fiscal 2025, Federated Hermes Premier Municipal Income Fund reported revenue of $977.82K. That is −91.95% against the prior fiscal year, when revenue was $12.15M. Net income for the same year was $928.37K. That is −92.26% against the prior fiscal year. The reported profit margin is 12.05%. That is 12 percentage points below the Asset Management median of 24.09%. Trailing earnings per share are 1.14.

Across the 4 fiscal years on file, revenue moves from −$31.52M in 2022 to $977.82K in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 9.56. That is 7.54% below the Asset Management median of 10.34. Measured against sales, the shares trade at 11.06 times revenue. On price-to-sales that is 6.13% above the Asset Management median of 10.42. 561 Asset Management companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.6. Daily returns over the trailing 10 years annualize to a volatility of 13.14%. The trailing one-year price return is +7.20%. Across 10 years the annualized return works out at +0.71%.

Growth & Income

The trailing dividend yield is 4.95%. That is 3.2 percentage points below the Asset Management median yield of 8.11%. At the indicated rate that is $0.54 a share a year. The ex-dividend date on file is August 21, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $0.36 a share. The year before, 2025, totalled $0.52 a share.

2026 is still running; the price is +0.92% year to date. Across the complete calendar years on file, 2019 returned +20.25% and 2022 returned −26.70%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Federated Hermes Premier Municipal Income Fund (FMN) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Federated Hermes Premier Municipal Income Fund FMN $85.22M 9.6
BlackRock, Inc. BLK $182.35B 26.9
Blackstone Inc. BX $162.74B 30.5
KKR & Co. Inc. KKR $99.50B 34.4

The Asset Management industry average P/E ratio is 10.3x. Federated Hermes Premier Municipal Income Fund trades at a P/E of 9.6.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Federated Hermes Premier Municipal Income Fund

Federated Hermes Premier Municipal Income Fund is a closed-ended fixed income mutual fund launched by Federated Investors, Inc. The fund is managed by Federated Investment Management Company. It invests in fixed income markets of United States. The fund primarily invests in tax-exempt municipal bonds of GO state, GO local, special tax, hospital, transportation, pre-refunded, senior care, water and sewer, education, electric and gas, and public power sectors. It benchmarks the performance of its portfolio against S&P Municipal Bond Index. Federated Hermes Premier Municipal Income Fund was formed on December 20, 2002 and is domiciled in United States.

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