Janus Henderson Group plc (JHG) To Go Ex-Dividend on February 11th

Janus Henderson Group plc (NYSE:JHG) announced a quarterly dividend on Thursday, January 30th,RTT News reports. Shareholders 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 yield of 3.47%. The ex-dividend date of this dividend is Tuesday, February 11th.

Janus Henderson Group has increased its dividend by an average of 1.3% per year 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 $3.74 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 41.7%.

Janus Henderson Group Stock Performance

Shares of Janus Henderson Group stock traded up $1.25 during trading on Friday, hitting $44.91. 2,016,578 shares of the stock were exchanged, compared to its average volume of 754,069. The stock has a market capitalization of $7.14 billion, a price-to-earnings ratio of 17.75, a price-to-earnings-growth ratio of 0.60 and a beta of 1.50. The company has a fifty day moving average price of $43.34 and a 200-day moving average price of $40.19. Janus Henderson Group has a 1-year low of $28.52 and a 1-year 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 (NYSE:JHG) last announced its earnings results on Friday, January 31st. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.13. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. During the same quarter last year, the firm posted $0.82 EPS. As a group, equities analysts predict that Janus Henderson Group will post 3.42 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Wells Fargo & Company lowered their target price on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 14th. 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. JPMorgan Chase & Co. lowered their price objective 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. Evercore ISI lifted their price objective on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. Finally, The Goldman Sachs Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from $42.00 to $45.00 in a research report on Monday, January 6th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, Janus Henderson Group presently has an average rating of “Hold” and an average price target of $44.75.

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.