Janus Henderson Group (NYSE:JHG – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08, Briefing.com reports. The business had revenue of $551.70 million during the quarter, compared to analyst estimates of $547.20 million. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The business’s revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 earnings per share.
Janus Henderson Group Stock Performance
Shares of JHG stock opened at $32.55 on Friday. The firm has a 50 day moving average of $31.79 and a two-hundred day moving average of $29.18. The stock has a market capitalization of $5.25 billion, a PE ratio of 12.28, a P/E/G ratio of 1.54 and a beta of 1.53. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. Janus Henderson Group has a 52 week low of $22.17 and a 52 week high of $33.25.
Janus Henderson Group Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.56 dividend on an annualized basis and a yield of 4.79%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.
Insider Transactions at Janus Henderson Group
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on JHG shares. Morgan Stanley lifted their price target on Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 17th. JPMorgan Chase & Co. lifted their target price on shares of Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday. The Goldman Sachs Group lifted their price target on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research report on Tuesday, April 2nd. UBS Group upped their price target on Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a research note on Friday, April 12th. Finally, StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $28.93.
Get Our Latest Stock Report on JHG
Janus Henderson Group Company Profile
Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.
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