JAN (NYSE:JAN) Price Target Raised to $30.00 at Scotiabank

JAN (NYSE:JAN) had its price target raised by Scotiabank from $28.00 to $30.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “sector outperform” rating on the stock. Scotiabank’s price objective indicates a potential upside of 10.05% from the stock’s current price.

Several other brokerages also recently commented on JAN. Morgan Stanley started coverage on JAN in a report on Tuesday, April 14th. They issued an “overweight” rating and a $28.00 target price on the stock. Barclays lifted their price objective on JAN from $26.00 to $30.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Cantor Fitzgerald started coverage on JAN in a research note on Monday, April 13th. They issued an “overweight” rating and a $27.00 price objective on the stock. Wall Street Zen upgraded JAN to a “hold” rating in a report on Saturday, April 4th. Finally, Zacks Research raised JAN to a “hold” rating in a report on Wednesday, April 15th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $28.09.

JAN Trading Up 1.3%

Shares of JAN stock traded up $0.36 during mid-day trading on Wednesday, reaching $27.26. 20,262 shares of the stock were exchanged, compared to its average volume of 933,793. JAN has a fifty-two week low of $22.76 and a fifty-two week high of $28.52. The company has a market capitalization of $7.17 billion, a P/E ratio of -62.29 and a beta of 2.16. The company has a 50-day simple moving average of $25.27.

JAN (NYSE:JAN) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.23 EPS for the quarter, meeting analysts’ consensus estimates of $0.23. The firm had revenue of $200.35 million during the quarter, compared to analyst estimates of $157.96 million. JAN has set its FY 2026 guidance at 0.930-0.970 EPS.

Insider Buying and Selling

In other news, Director Charles J. Herman, Jr. bought 5,500 shares of the stock in a transaction dated Monday, March 23rd. The stock was bought at an average cost of $20.00 per share, with a total value of $110,000.00. Following the purchase, the director owned 13,000 shares of the company’s stock, valued at approximately $260,000. This represents a 73.33% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director John V. Arabia bought 60,000 shares of the company’s stock in a transaction dated Monday, March 23rd. The shares were purchased at an average price of $20.00 per share, with a total value of $1,200,000.00. Following the transaction, the director owned 67,500 shares of the company’s stock, valued at $1,350,000. The trade was a 800.00% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders acquired 187,000 shares of company stock worth $3,740,000. 3.00% of the stock is currently owned by company insiders.

Key Stories Impacting JAN

Here are the key news stories impacting JAN this week:

• Positive Sentiment: Anterix appointed Kim Green-Kerr as Chief Revenue Officer to lead commercial growth, deepen utility customer relationships, and speed adoption of its private wireless broadband networks for critical infrastructure. Investors may view the hire as a sign the company is pushing to convert rising demand into deployments. Anterix Appoints Kim Green-Kerr as Chief Revenue Officer to Drive Growth in Critical Infrastructure Connectivity

JAN Company Profile

Upon completion of this offering, we will be the only U.S. publicly traded REIT focused exclusively on the senior housing sector and the only U.S. publicly traded REIT whose entire portfolio is owned and operated under RIDEA structures. We have an initial portfolio consisting of 34 senior housing communities, comprised of 10,422 units as of December 31, 2025. Our communities are located primarily in major retirement markets across 10 states, with units in Florida and Texas representing 69% of the total units as of December 31, 2025.