60,000 Shares in JAN $JAN Purchased by Readystate Asset Management LP

Readystate Asset Management LP bought a new stake in JAN (NYSE:JAN) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 60,000 shares of the company’s stock, valued at approximately $1,724,000.

Separately, Wellington Management Group LLP acquired a new stake in JAN during the 2nd quarter valued at approximately $8,739,000. Institutional investors and hedge funds own 6.27% of the company’s stock.

JAN Stock Performance

Shares of NYSE JAN opened at $30.78 on Tuesday. The stock’s 50 day moving average price is $30.23. JAN has a 12 month low of $22.76 and a 12 month high of $32.83.

JAN (NYSE:JAN) last posted its earnings results on Tuesday, August 4th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.18). The company had revenue of $216.46 million for the quarter, compared to analysts’ expectations of $203.32 million. The firm’s revenue was up 45.4% compared to the same quarter last year. JAN has set its FY 2026 guidance at 0.950-0.980 EPS. As a group, analysts forecast that JAN will post 0.97 EPS for the current fiscal year.

JAN Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Friday, September 11th will be paid a dividend of $0.0475 per share. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, September 11th.

Analysts Set New Price Targets

Several research firms have recently commented on JAN. KeyCorp upped their price objective on shares of JAN from $28.00 to $29.00 and gave the company an “overweight” rating in a report on Wednesday, June 10th. Wall Street Zen upgraded shares of JAN from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Cantor Fitzgerald upped their price target on shares of JAN from $30.00 to $34.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Wells Fargo & Company increased their price target on JAN from $33.00 to $35.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 1st. Finally, Raymond James Financial assumed coverage on JAN in a research note on Tuesday, June 16th. They set a “strong-buy” rating and a $34.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $31.38.

JAN Profile

Upon completion of this offering, we will be the only U.S. publicly traded REIT focused exclusively on the senior housing sector and the only U.S. publicly traded REIT whose entire portfolio is owned and operated under RIDEA structures. We have an initial portfolio consisting of 34 senior housing communities, comprised of 10,422 units as of December 31, 2025. Our communities are located primarily in major retirement markets across 10 states, with units in Florida and Texas representing 69% of the total units as of December 31, 2025.