Shares of Just Energy Group Inc (NYSE:JE) (TSE:JE) have earned a consensus rating of “Hold” from the ten research firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $5.78.
A number of research analysts recently weighed in on JE shares. National Bank Financial downgraded Just Energy Group from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, August 21st. ValuEngine downgraded Just Energy Group from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 2nd. HC Wainwright reaffirmed a “buy” rating and set a $7.00 price target on shares of Just Energy Group in a research note on Friday, September 14th. B. Riley set a $6.00 price target on Just Energy Group and gave the stock a “buy” rating in a research note on Friday, August 10th. Finally, Zacks Investment Research downgraded Just Energy Group from a “hold” rating to a “sell” rating in a research note on Tuesday, August 14th.
JE stock traded down $0.04 during trading on Thursday, reaching $3.04. 196,300 shares of the stock were exchanged, compared to its average volume of 293,529. Just Energy Group has a twelve month low of $2.80 and a twelve month high of $5.91. The company has a debt-to-equity ratio of 3.10, a quick ratio of 1.34 and a current ratio of 1.37. The company has a market cap of $462.68 million, a P/E ratio of 2.58 and a beta of 0.30.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 28th. Stockholders of record on Saturday, September 15th were paid a $0.096 dividend. This represents a $0.38 annualized dividend and a dividend yield of 12.63%. The ex-dividend date of this dividend was Thursday, September 13th. Just Energy Group’s dividend payout ratio (DPR) is presently 32.20%.
Institutional investors have recently modified their holdings of the company. Cubist Systematic Strategies LLC purchased a new stake in shares of Just Energy Group in the first quarter worth approximately $109,000. Hsbc Holdings PLC purchased a new stake in shares of Just Energy Group in the first quarter worth approximately $116,000. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Just Energy Group in the first quarter worth approximately $123,000. Element Capital Management LLC purchased a new stake in shares of Just Energy Group in the first quarter worth approximately $307,000. Finally, Guggenheim Capital LLC purchased a new stake in shares of Just Energy Group in the first quarter worth approximately $317,000. 23.69% of the stock is owned by hedge funds and other institutional investors.
Just Energy Group Company Profile
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.
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