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

Janus Henderson Group (NYSE:JHG - Get Free Report) released its quarterly earnings results on Friday. The company reported $1.07 earnings per share 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 12.18% and a net margin of 16.38%. During the same quarter in the prior year, the business earned $0.82 EPS.

Janus Henderson Group Trading Down 1.1 %

JHG stock traded down $0.51 during midday trading on Tuesday, reaching $43.98. The company's stock had a trading volume of 1,559,240 shares, compared to its average volume of 965,055. Janus Henderson Group has a 1 year low of $29.50 and a 1 year high of $45.74. The firm has a market capitalization of $6.99 billion, a price-to-earnings ratio of 17.18, a PEG ratio of 0.62 and a beta of 1.50. The stock has a fifty day simple moving average of $43.32 and a two-hundred day simple moving average of $40.32. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.08 and a current ratio of 3.08.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th will be paid a dividend of $0.39 per share. The ex-dividend date is Tuesday, February 11th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.55%. Janus Henderson Group's dividend payout ratio is 60.94%.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on JHG. JPMorgan Chase & Co. dropped their price target on shares of 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. The Goldman Sachs Group raised Janus Henderson Group from a "sell" rating to a "neutral" rating and raised their price objective for the company from $42.00 to $45.00 in a research report on Monday, January 6th. Deutsche Bank Aktiengesellschaft boosted their price target on Janus Henderson Group from $42.00 to $44.00 and gave the stock a "hold" rating in a research report on Monday, November 11th. UBS Group increased their price objective on shares of Janus Henderson Group from $42.00 to $45.00 and gave the company a "neutral" rating in a research report on Monday. Finally, Wells Fargo & Company lifted their target price on Janus Henderson Group from $43.00 to $46.00 and gave the stock an "equal weight" rating in a report on Monday. Eight analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $45.63.

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.