Share on StockTwits

Shares of Janus Capital Group (NYSE:JNS) have been given an average rating of “Hold” by the nine analysts that are presently covering the company, Analyst Ratings News reports. Three investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $10.31.

Janus Capital Group (NYSE:JNS) traded up 0.81% during mid-day trading on Thursday, hitting $12.46. The stock had a trading volume of 732,681 shares. Janus Capital Group has a one year low of $7.86 and a one year high of $13.10. The stock’s 50-day moving average is $11.02 and its 200-day moving average is $10.8. The company has a market cap of $2.308 billion and a P/E ratio of 19.62.

Janus Capital Group (NYSE:JNS) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $0.16 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.16. The company had revenue of $230.20 million for the quarter, compared to the consensus estimate of $226.70 million. During the same quarter last year, the company posted $0.15 earnings per share. Janus Capital Group’s revenue was up 7.5% compared to the same quarter last year. Analysts expect that Janus Capital Group will post $0.76 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, May 23rd. Investors of record on Friday, May 9th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.59%. The ex-dividend date is Wednesday, May 7th. This is an increase from Janus Capital Group’s previous quarterly dividend of $0.07.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of Janus Capital Group in a research note on Wednesday. They now have a $9.00 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Janus Capital Group from $11.25 to $12.75 in a research note on Wednesday. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Janus Capital Group from $9.50 to $10.00 in a research note on Tuesday, April 15th. They now have an “underweight” rating on the stock.

Janus Capital Group Inc, and its subsidiaries (NYSE:JNS) provide investment management, administration, distribution and related services to financial advisors, individuals and institutional clients through mutual funds, other pooled investment vehicles, separate accounts and sub advised relationships (collectively referred to as investment products) in both domestic and international markets.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.