Just Group (LON:JUST) Shares Down 2.3% - What's Next?

Shares of Just Group plc (LON:JUST - Get Free Report) dropped 2.3% during trading on Monday . The stock traded as low as GBX 143.80 ($1.88) and last traded at GBX 147 ($1.93). Approximately 2,443,175 shares were traded during trading, a decline of 79% from the average daily volume of 11,674,517 shares. The stock had previously closed at GBX 150.40 ($1.97).

Wall Street Analyst Weigh In

Several research analysts have issued reports on JUST shares. Royal Bank of Canada lifted their target price on shares of Just Group from GBX 190 ($2.49) to GBX 200 ($2.62) and gave the stock an "outperform" rating in a report on Friday, March 7th. JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a GBX 200 ($2.62) price objective on shares of Just Group in a research report on Friday, March 7th.

Just Group Stock Down 9.3 %

The company has a market cap of £1.32 billion, a P/E ratio of 14.71, a price-to-earnings-growth ratio of 0.47 and a beta of 1.51. The company has a quick ratio of 4.87, a current ratio of 2.30 and a debt-to-equity ratio of 43.09. The company has a fifty day moving average of GBX 156.25 and a 200 day moving average of GBX 150.35.

Just Group (LON:JUST - Get Free Report) last released its quarterly earnings results on Friday, March 7th. The company reported GBX 36 ($0.47) EPS for the quarter. Just Group had a net margin of 3.40% and a return on equity of 8.47%. On average, research analysts anticipate that Just Group plc will post 38.3510638 earnings per share for the current fiscal year.

Just Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Stockholders of record on Thursday, April 10th will be paid a GBX 1.80 ($0.02) dividend. This represents a dividend yield of 1.24%. This is a positive change from Just Group's previous dividend of $0.70. The ex-dividend date is Thursday, April 10th. Just Group's dividend payout ratio is 23.27%.

Insider Transactions at Just Group

In related news, insider Mark Godson acquired 66,086 shares of the business's stock in a transaction on Friday, March 7th. The stock was acquired at an average cost of GBX 151 ($1.98) per share, with a total value of £99,789.86 ($130,751.91). Corporate insiders own 1.99% of the company's stock.

About Just Group

Just Group plc provides various retirement income products and services to individual and corporate clients.in the United Kingdom. It offers defined benefit de-risking solutions, guaranteed income for life, secure lifetime income, care plans, and lifetime mortgage service. The company also engages in professional services and distribution business, which offers technology, broking, and advice solutions for corporate clients and pension schemes; and regulated financial advice for pension, investment, and savings.