Just Energy Group Inc (NYSE:JE) (TSE:JE) has earned an average recommendation of “Hold” from the nine analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $6.00.

A number of equities analysts have issued reports on the stock. Royal Bank of Canada cut shares of Just Energy Group from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, December 12th. Zacks Investment Research cut shares of Just Energy Group from a “hold” rating to a “sell” rating in a research report on Wednesday. ValuEngine upgraded shares of Just Energy Group from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Finally, B. Riley assumed coverage on shares of Just Energy Group in a research report on Thursday. They issued a “buy” rating and a $6.00 price objective on the stock.

Shares of NYSE:JE opened at $3.56 on Friday. The firm has a market capitalization of $562.20 million, a P/E ratio of 3.02 and a beta of 0.54. Just Energy Group has a 52 week low of $2.80 and a 52 week high of $4.72. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.12 and a current ratio of 1.16.

Just Energy Group (NYSE:JE) (TSE:JE) last issued its earnings results on Wednesday, February 6th. The utilities provider reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The business had revenue of $731.50 million during the quarter, compared to analysts’ expectations of $740.75 million. Just Energy Group had a return on equity of 68.59% and a net margin of 6.19%. As a group, equities analysts forecast that Just Energy Group will post 0.01 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.0941 per share. This is a positive change from Just Energy Group’s previous quarterly dividend of $0.09. The ex-dividend date is Thursday, March 14th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 10.58%. Just Energy Group’s payout ratio is presently 32.20%.

Institutional investors and hedge funds have recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Just Energy Group by 73.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,093 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 4,289 shares in the last quarter. First Allied Advisory Services Inc. bought a new stake in shares of Just Energy Group during the 4th quarter valued at about $42,000. Dfpg Investments Inc. bought a new stake in shares of Just Energy Group during the 4th quarter valued at about $43,000. Roosevelt Investment Group Inc. bought a new stake in shares of Just Energy Group during the 4th quarter valued at about $53,000. Finally, Pensionmark Financial Group LLC bought a new stake in shares of Just Energy Group during the 4th quarter valued at about $69,000. 28.21% of the stock is currently owned by hedge funds and other institutional investors.

About Just Energy Group

Just Energy Group Inc, through its subsidiaries, provides electricity, natural gas, and renewable energy solutions in the United States, Canada, the United Kingdom, Ireland, Germany, and Japan. It operates through Consumer Energy and Commercial Energy segments. The company offers various home and business energy solutions, including long-term fixed-price, variable-price, and flat-bill solutions to residential and commercial customers.

Featured Story: What is a Candlestick Chart?

Analyst Recommendations for Just Energy Group (NYSE:JE)

Receive News & Ratings for Just Energy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Energy Group and related companies with MarketBeat.com's FREE daily email newsletter.