Janus Capital Group, Inc (NYSE:JHG) – Stock analysts at Jefferies Group increased their Q3 2017 EPS estimates for Janus Capital Group in a research note issued to investors on Tuesday. Jefferies Group analyst D. Fannon now anticipates that the company will post earnings of $0.59 per share for the quarter, up from their prior estimate of $0.54. Jefferies Group also issued estimates for Janus Capital Group’s Q4 2017 earnings at $0.59 EPS, FY2017 earnings at $2.34 EPS and FY2018 earnings at $2.48 EPS.
Janus Capital Group (NYSE:JHG) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $0.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.13. Janus Capital Group had a net margin of 12.41% and a return on equity of 10.90%. The business had revenue of $384.80 million during the quarter, compared to analysts’ expectations of $394.97 million. During the same period in the previous year, the company earned $0.21 earnings per share. Janus Capital Group’s revenue for the quarter was up 49.7% on a year-over-year basis. TRADEMARK VIOLATION WARNING: “Brokers Offer Predictions for Janus Capital Group, Inc’s Q3 2017 Earnings (NYSE:JHG)” was originally posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece can be viewed at https://www.tickerreport.com/banking-finance/2801232/brokers-offer-predictions-for-janus-capital-group-incs-q3-2017-earnings-nysejhg.html.
JHG has been the subject of several other research reports. Bank of America Corporation reissued a “neutral” rating and issued a $31.00 price objective on shares of Janus Capital Group in a report on Wednesday, May 31st. Zacks Investment Research raised Janus Capital Group from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective for the company in a report on Friday, August 4th. Credit Suisse Group began coverage on Janus Capital Group in a report on Thursday, June 1st. They issued a “neutral” rating and a $33.00 price objective for the company. Keefe, Bruyette & Woods began coverage on Janus Capital Group in a report on Wednesday, May 31st. They set a “market perform” rating and a $32.00 price target for the company. Finally, J P Morgan Chase & Co began coverage on Janus Capital Group in a report on Friday, June 9th. They set a “neutral” rating and a $33.00 price target for the company. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Janus Capital Group has a consensus rating of “Hold” and a consensus price target of $35.53.
Shares of Janus Capital Group (NYSE:JHG) opened at 35.30 on Friday. Janus Capital Group has a 52 week low of $8.14 and a 52 week high of $35.85. The stock has a 50 day moving average of $32.89 and a 200-day moving average of $32.76. The firm has a market capitalization of $5.08 billion, a PE ratio of 33.11 and a beta of 1.59.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 18th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 3.63%. The ex-dividend date of this dividend is Wednesday, August 16th. Janus Capital Group’s dividend payout ratio is 63.41%.
About Janus Capital 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.
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