Janus Henderson Group (JHG) Stock Forecast, Price & News

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. It invests in public equity and fixed income markets, as well as invests in real estate and private equity. Janus Henderson Group plc was founded in 1934 and is based in London, United Kingdom with additional offices in Jersey, United Kingdom and Sydney, Australia.

Janus Henderson Group Stock Up 0.2 %

JHG Stock traded up $0.05 during trading on Friday, reaching $24.57. The stock had a trading volume of 846,281 shares, compared to its average volume of 1,437,476. Janus Henderson Group has a one year low of $22.22 and a one year high of $48.55. The company has a quick ratio of 2.56, a current ratio of 4.85 and a debt-to-equity ratio of 0.07. The company's 50 day moving average is $24.88 and its two-hundred day moving average is $30.07. The company has a market capitalization of $4.07 billion, a price-to-earnings ratio of 8.33 and a beta of 1.46.

Janus Henderson Group (NYSE:JHG - Get Rating) last released its earnings results on Thursday, July 28th. The company reported $0.63 earnings per share for the quarter, missing analysts' consensus estimates of $0.65 by ($0.02). Janus Henderson Group had a net margin of 19.39% and a return on equity of 13.13%. The company had revenue of $555.50 million for the quarter, compared to the consensus estimate of $550.18 million. During the same period in the prior year, the company earned $1.16 earnings per share. The firm's revenue was down 24.8% on a year-over-year basis. Equities research analysts forecast that Janus Henderson Group will post 2.45 EPS for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 24th. Stockholders of record on Monday, August 8th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.35%. The ex-dividend date of this dividend is Friday, August 5th. Janus Henderson Group's dividend payout ratio is currently 52.88%.

Wall Street Analyst Weigh In

Several research firms have recently commented on JHG. The Goldman Sachs Group decreased their target price on shares of Janus Henderson Group from $27.00 to $21.00 and set a "sell" rating for the company in a research report on Wednesday, June 29th. JPMorgan Chase & Co. downgraded shares of Janus Henderson Group from a "neutral" rating to an "underweight" rating and decreased their target price for the stock from $27.00 to $18.00 in a research report on Monday, July 18th. Citigroup downgraded shares of Janus Henderson Group from a "neutral" rating to a "sell" rating and decreased their target price for the stock from $23.20 to $22.10 in a research report on Friday, July 29th. Keefe, Bruyette & Woods downgraded shares of Janus Henderson Group from a "market perform" rating to an "underperform" rating and decreased their target price for the stock from $28.00 to $22.00 in a research report on Tuesday, June 28th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Janus Henderson Group from $24.00 to $23.00 in a research report on Wednesday, July 13th. Four equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Reduce" and an average target price of $21.22.

Insider Activity

In other news, insider Georgina Fogo sold 10,701 shares of the stock in a transaction that occurred on Friday, July 1st. The shares were sold at an average price of $23.29, for a total transaction of $249,226.29. Following the completion of the transaction, the insider now directly owns 101,862 shares of the company's stock, valued at approximately $2,372,365.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 18.10% of the company's stock.