Janus Capital Group, Inc (NYSE:JHG) to Post Q1 2018 Earnings of $0.58 Per Share, Jefferies Group Forecasts
Janus Capital Group, Inc (NYSE:JHG) – Analysts at Jefferies Group upped their Q1 2018 EPS estimates for Janus Capital Group in a report issued on Tuesday. Jefferies Group analyst D. Fannon now forecasts that the company will post earnings per share of $0.58 for the quarter, up from their prior estimate of $0.55. Jefferies Group also issued estimates for Janus Capital Group’s Q2 2018 earnings at $0.64 EPS, Q3 2018 earnings at $0.63 EPS, Q4 2018 earnings at $0.64 EPS and FY2019 earnings at $2.68 EPS.
Janus Capital Group (NYSE:JHG) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $0.68 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.55 by $0.13. The business 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 12.41% and a return on equity of 15.21%. The business’s quarterly revenue was up 49.7% on a year-over-year basis. During the same quarter last year, the company posted $0.21 earnings per share. TRADEMARK VIOLATION WARNING: This report was reported by Daily Political and is the property of of Daily Political. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be viewed at https://www.dailypolitical.com/2017/08/10/janus-capital-group-inc-nysejhg-to-post-q1-2018-earnings-of-0-58-per-share-jefferies-group-forecasts.html.
A number of other brokerages also recently issued reports on JHG. Citigroup Inc. reiterated a “neutral” rating and issued a $37.00 price target (up previously from $34.50) on shares of Janus Capital Group in a report on Thursday. Bank of America Corporation increased their price target on shares of Janus Capital Group from $34.00 to $38.00 and gave the company a “neutral” rating in a report on Wednesday. Zacks Investment Research downgraded shares of Janus Capital Group from a “buy” rating to a “hold” rating in a report on Tuesday. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $36.00 price target on shares of Janus Capital Group in a report on Friday, July 14th. Finally, Goldman Sachs Group, Inc. (The) began coverage on shares of Janus Capital Group in a report on Monday, June 26th. They issued a “neutral” rating and a $33.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Janus Capital Group presently has an average rating of “Hold” and a consensus price target of $35.53.
Janus Capital Group (NYSE JHG) traded down 1.188% on Thursday, hitting $35.345. 361,833 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $32.83 and its 200-day moving average price is $32.72. The company has a market cap of $5.08 billion, a PE ratio of 33.157 and a beta of 1.59. Janus Capital Group has a 12-month low of $8.14 and a 12-month high of $35.85.
The firm also recently announced 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. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $1.28 annualized dividend and a yield of 3.58%. Janus Capital Group’s dividend payout ratio (DPR) is currently 63.41%.
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