Janus Capital Group, Inc (NYSE:JHG) to Issue Quarterly Dividend of $0.32
Janus Capital Group, Inc (NYSE:JHG) declared a quarterly dividend on Tuesday, August 8th, RTT News reports. Shareholders of record on Friday, August 18th will be paid a dividend of 0.32 per share on Friday, September 1st. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.76%.
Janus Capital Group (NYSE JHG) opened at 35.70 on Tuesday. The firm has a market cap of $3.90 billion, a P/E ratio of 28.09 and a beta of 1.59. Janus Capital Group has a 12 month low of $2.63 and a 12 month high of $35.80. The firm has a 50 day moving average of $32.59 and a 200-day moving average of $32.49.
Janus Capital Group (NYSE:JHG) last issued its earnings results on Tuesday, August 8th. The company reported $0.68 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.79 by $0.11. The firm had revenue of $384.80 million during the quarter, compared to analysts’ expectations of $394.97 million. Janus Capital Group had a net margin of 13.76% and a return on equity of 9.51%. The firm’s revenue was up 49.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.21 EPS. On average, equities research analysts forecast that Janus Capital Group will post $1.96 earnings per share for the current year.
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JHG has been the topic of several analyst reports. UBS AG initiated coverage on shares of Janus Capital Group in a report on Tuesday, May 30th. They issued a “buy” rating and a $35.25 target price on the stock. Keefe, Bruyette & Woods initiated coverage on shares of Janus Capital Group in a report on Wednesday, May 31st. They issued a “market perform” rating and a $32.00 target price on the stock. Bank of America Corporation reaffirmed a “neutral” rating and issued a $31.00 target price on shares of Janus Capital Group in a report on Wednesday, May 31st. Credit Suisse Group initiated coverage on shares of Janus Capital Group in a report on Thursday, June 1st. They issued a “neutral” rating and a $33.00 target price on the stock. Finally, ValuEngine raised shares of Janus Capital Group from a “hold” rating to a “buy” rating in a report on Thursday, June 8th. Six investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $34.34.
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