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

Janus Henderson Group (NYSE:JHG) posted its earnings results on Friday. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.13, RTT News reports. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. During the same period in the previous year, the firm earned $0.82 EPS.

Janus Henderson Group Stock Performance

JHG stock opened at $44.91 on Friday. The stock has a market capitalization of $7.14 billion, a PE ratio of 17.75, a price-to-earnings-growth ratio of 0.60 and a beta of 1.50. The stock’s 50 day simple moving average is $43.34 and its 200 day simple moving average is $40.13. Janus Henderson Group has a 12-month low of $28.52 and a 12-month high of $45.74. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Tuesday, February 11th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.47%. Janus Henderson Group’s payout ratio is currently 61.66%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. TD Cowen lifted their price objective on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Morgan Stanley boosted their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. JPMorgan Chase & Co. decreased their target price on 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. Finally, Evercore ISI raised their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the company an “in-line” rating in a research report on Thursday, November 7th. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $44.75.

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.