Janus Henderson Group plc to Issue Quarterly Dividend of $0.39 (NYSE:JHG)

Janus Henderson Group plc (NYSE:JHG - Get Free Report) declared a quarterly dividend on Thursday, January 30th,RTT News reports. Stockholders of record on Tuesday, February 11th will be paid a dividend of 0.39 per share on Thursday, February 27th. This represents a $1.56 annualized dividend and a dividend yield of 3.55%. The ex-dividend date is Tuesday, February 11th.

Janus Henderson Group has raised its dividend payment by an average of 1.3% annually over the last three years. Janus Henderson Group has a payout ratio of 40.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Janus Henderson Group to earn $3.97 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 39.3%.

Janus Henderson Group Price Performance

JHG stock traded down $0.51 on Tuesday, hitting $43.98. 816,663 shares of the company's stock traded hands, compared to its average volume of 921,680. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.08. The stock has a market cap of $6.99 billion, a price-to-earnings ratio of 17.18, a P/E/G ratio of 0.62 and a beta of 1.50. Janus Henderson Group has a 1-year low of $29.50 and a 1-year high of $45.74. The stock has a fifty day moving average of $43.32 and a 200-day moving average of $40.32.

Janus Henderson Group (NYSE:JHG - Get Free Report) last released its quarterly earnings data on Friday, January 31st. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 12.18% and a net margin of 16.38%. During the same quarter last year, the firm posted $0.82 earnings per share. On average, analysts forecast that Janus Henderson Group will post 3.74 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have issued reports on JHG. Deutsche Bank Aktiengesellschaft boosted their price objective on Janus Henderson Group from $42.00 to $44.00 and gave the stock a "hold" rating in a report on Monday, November 11th. Wells Fargo & Company raised their price objective on shares of Janus Henderson Group from $43.00 to $46.00 and gave the stock an "equal weight" rating in a research note on Monday. TD Cowen increased their target price on Janus Henderson Group from $46.00 to $50.00 and gave the company a "buy" rating in a report on Friday, November 1st. JPMorgan Chase & Co. lowered their price target on Janus Henderson Group from $45.00 to $44.00 and set a "neutral" rating on the stock in a report on Tuesday, January 7th. Finally, UBS Group increased their price objective on Janus Henderson Group from $42.00 to $45.00 and gave the stock a "neutral" rating in a research note on Monday. Eight research 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.com, Janus Henderson Group has a consensus rating of "Hold" and an average price target of $45.63.

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.