Janus Henderson Group plc (JHG) To Go Ex-Dividend on November 10th

Janus Henderson Group plc (NYSE:JHG) declared a quarterly dividend on Wednesday, October 29th. Stockholders of record on Monday, November 10th will be paid a dividend of 0.40 per share on Wednesday, November 26th. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, November 10th.

Janus Henderson Group has increased its dividend by an average of 0.0%annually over the last three years and has increased its dividend every year for the last 1 years. Janus Henderson Group has a payout ratio of 44.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Janus Henderson Group to earn $4.17 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 38.4%.

Janus Henderson Group Trading Up 1.5%

Shares of NYSE:JHG opened at $43.94 on Friday. Janus Henderson Group has a 12-month low of $28.26 and a 12-month high of $49.42. The company has a current ratio of 4.49, a quick ratio of 3.91 and a debt-to-equity ratio of 0.08. The company has a market cap of $6.79 billion, a PE ratio of 16.52, a price-to-earnings-growth ratio of 0.96 and a beta of 1.59. The stock has a 50 day moving average of $44.03 and a 200 day moving average of $40.86.

Janus Henderson Group (NYSE:JHG) last released its earnings results on Thursday, October 30th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The company had revenue of $700.40 million during the quarter, compared to analysts’ expectations of $695.57 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. Janus Henderson Group’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period last year, the business earned $0.91 EPS. As a group, equities research analysts expect that Janus Henderson Group will post 3.75 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on JHG shares. Wall Street Zen cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Cowen reiterated a “buy” rating on shares of Janus Henderson Group in a report on Friday, October 31st. TD Cowen increased their target price on shares of Janus Henderson Group from $52.00 to $55.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Finally, Evercore ISI reissued a “positive” rating on shares of Janus Henderson Group in a research report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Janus Henderson Group presently has an average rating of “Moderate Buy” and a consensus price target of $47.70.

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.