Ron Joyce Acquires 100,000 Shares of Just Energy Group Inc. (JE) Stock
Just Energy Group Inc. (TSE:JE) (NYSE:JE) insider Ron Joyce bought 100,000 shares of Just Energy Group stock in a transaction dated Monday, November 27th. The stock was purchased at an average price of C$5.35 per share, with a total value of C$535,000.00.
Just Energy Group Inc. (JE) opened at C$5.39 on Thursday. Just Energy Group Inc. has a 1 year low of C$5.23 and a 1 year high of C$8.62.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a dividend of $0.125 per share. The ex-dividend date is Thursday, December 14th. This represents a $0.50 annualized dividend and a yield of 9.28%. Just Energy Group’s payout ratio is currently 75.76%.
JE has been the subject of several recent analyst reports. TD Securities lowered shares of Just Energy Group from a “buy” rating to a “hold” rating and reduced their target price for the stock from C$9.50 to C$6.50 in a research note on Friday, November 10th. National Bank Financial reduced their target price on shares of Just Energy Group from C$6.25 to C$6.00 and set a “sector perform” rating for the company in a research note on Monday. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of C$6.67.
About Just Energy Group
Just Energy Group Inc (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company’s segments include Consumer Energy and Commercial Energy. The Company operates in the United States, Canada and the United Kingdom, offering a range of energy products, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations.
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