Janus Henderson Group (JHG) Set to Announce Earnings on Thursday

Janus Henderson Group (NYSE:JHG) is scheduled to be announcing its earnings results before the market opens on Thursday, August 1st. Analysts expect the company to announce earnings of $0.74 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, May 2nd. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.63 by $0.08. The firm had revenue of $551.70 million during the quarter, compared to analysts’ expectations of $547.20 million. Janus Henderson Group had a net margin of 19.89% and a return on equity of 10.02%. Janus Henderson Group’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.55 EPS. On average, analysts expect Janus Henderson Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Janus Henderson Group Stock Up 0.9 %

JHG stock opened at $36.62 on Wednesday. The stock has a market capitalization of $5.88 billion, a P/E ratio of 13.82, a PEG ratio of 0.84 and a beta of 1.51. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.64 and a current ratio of 3.92. Janus Henderson Group has a one year low of $22.17 and a one year high of $36.84. The company has a 50 day moving average price of $34.26 and a two-hundred day moving average price of $32.42.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th were paid a dividend of $0.39 per share. The ex-dividend date was Friday, May 10th. This represents a $1.56 annualized dividend and a dividend yield of 4.26%. Janus Henderson Group’s dividend payout ratio is presently 58.87%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on JHG shares. The Goldman Sachs Group boosted their price objective on shares of Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research note on Tuesday, April 2nd. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. UBS Group lifted their target price on shares of Janus Henderson Group from $30.00 to $31.00 and gave the company a “sell” rating in a report on Wednesday, July 10th. TD Cowen lifted their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a report on Monday, July 8th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Janus Henderson Group from $36.00 to $38.00 and gave the company a “neutral” rating in a report on Monday, July 15th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $30.81.

Insiders Place Their Bets

In other news, major shareholder Henderson Group Plc Janus acquired 28,326 shares of the business’s stock in a transaction on Friday, July 5th. The shares were purchased at an average price of $3.43 per share, for a total transaction of $97,158.18. Following the acquisition, the insider now directly owns 1,676,903 shares of the company’s stock, valued at approximately $5,751,777.29. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders have bought 487,179 shares of company stock worth $1,650,371 in the last quarter. 19.60% of the stock is owned by corporate insiders.

About Janus Henderson Group

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.