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

Janus Henderson Group (NYSE:JHG) released its quarterly earnings data on Friday. The company reported $1.07 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 period in the prior year, the firm earned $0.82 earnings per share.

Janus Henderson Group Stock Up 4.0 %

Shares of NYSE:JHG traded up $1.77 during midday trading on Friday, hitting $45.43. 691,918 shares of the company’s stock were exchanged, compared to its average volume of 854,918. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.08 and a quick ratio of 2.08. Janus Henderson Group has a 12 month low of $28.52 and a 12 month high of $45.74. The company has a market cap of $7.22 billion, a PE ratio of 18.02, a price-to-earnings-growth ratio of 0.60 and a beta of 1.50. The stock has a 50 day moving average price of $43.34 and a 200-day moving average price of $40.13.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.43%. Janus Henderson Group’s dividend payout ratio is currently 61.66%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on JHG shares. UBS Group increased their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. JPMorgan Chase & Co. lowered their price target on shares of Janus Henderson Group from $45.00 to $44.00 and set a “neutral” rating on the stock in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft upped their target price on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Monday, November 11th. Wells Fargo & Company reduced their price target on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Finally, Morgan Stanley increased their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Friday, December 20th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $44.75.

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.