Janus Henderson Group plc (NYSE:JHG) Plans $0.39 Quarterly Dividend

Janus Henderson Group plc (NYSE:JHG) declared a quarterly dividend on Thursday, January 30th,RTT News reports. Investors of record on Tuesday, February 11th will be given 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 raised its dividend payment by an average of 1.3% annually over the last three years. Janus Henderson Group has a dividend payout ratio of 40.0% indicating that its dividend is sufficiently covered by earnings. 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 Trading Up 2.9 %

JHG traded up $1.25 on Friday, hitting $44.91. The company had a trading volume of 2,016,578 shares, compared to its average volume of 754,069. The company has a market cap of $7.14 billion, a PE ratio of 17.75, a PEG ratio of 0.60 and a beta of 1.50. Janus Henderson Group has a 12-month low of $28.52 and a 12-month high of $45.74. The company has a quick ratio of 2.08, a current ratio of 3.08 and a debt-to-equity ratio of 0.09. The business’s fifty day simple moving average is $43.34 and its 200 day simple moving average is $40.19.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Friday, January 31st. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $0.94 by $0.13. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. During the same period last year, the company earned $0.82 earnings per share. Equities research analysts expect that Janus Henderson Group will post 3.42 EPS for the current year.

Wall Street Analysts Forecast Growth

JHG has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft boosted their target price on Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research report on Monday, November 11th. Morgan Stanley boosted their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Friday, December 20th. TD Cowen boosted their price target on Janus Henderson Group from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, November 1st. Wells Fargo & Company lowered their price target on Janus Henderson Group from $45.00 to $43.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. Finally, The Goldman Sachs Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price target for the company from $42.00 to $45.00 in a report on Monday, January 6th. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock 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.