Janus Henderson Group (NYSE:JHG) Releases Quarterly Earnings Results, Beats Estimates By $0.13 EPS

Janus Henderson Group (NYSE:JHG) announced its quarterly earnings results on Friday. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.13, RTT News reports. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. During the same quarter in the prior year, the company earned $0.82 EPS.

Janus Henderson Group Stock Performance

Janus Henderson Group stock traded up $1.27 during midday trading on Friday, hitting $44.93. The stock had a trading volume of 721,386 shares, compared to its average volume of 857,736. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group has a 52-week low of $28.52 and a 52-week high of $45.74. The company has a market capitalization of $7.14 billion, a PE ratio of 17.76, a P/E/G ratio of 0.60 and a beta of 1.50. The firm’s fifty day moving average is $43.34 and its two-hundred day moving average is $40.13.

Janus Henderson Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.47%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

Wall Street Analyst Weigh In

JHG has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. decreased their target price on Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and increased their price target for the company from $42.00 to $45.00 in a report on Monday, January 6th. Morgan Stanley lifted their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Friday, December 20th. Finally, Wells Fargo & Company lowered their target price on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $44.75.

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.