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NYSE:JPM

JPMorgan Chase & Co. (JPM) Stock Price, News & Analysis

JPMorgan Chase & Co. logo
$222.94
+1.02 (+0.46%)
(As of 11/1/2024 ET)

About JPMorgan Chase & Co. Stock (NYSE:JPM)

Key Stats

Today's Range
$222.70
$226.15
50-Day Range
$204.32
$225.57
52-Week Range
$139.23
$226.75
Volume
6.92 million shs
Average Volume
9.01 million shs
Market Capitalization
$634.30 billion
P/E Ratio
12.41
Dividend Yield
2.24%
Price Target
$217.94
Consensus Rating
Moderate Buy

Company Overview

JPMorgan Chase & Co. is the 5th largest bank in the world and the largest in the U.S. The current company is the result of a series of mergers that began in the earliest days of American banking history and include more than 1,200 original banks. The oldest predecessor is The Bank Of The Manhattan Company which was founded in 1799 by Aaron Burr. At the time, The Bank Of The Manhattan Company was the 3rd oldest bank in the U.S. and the 31st oldest in the world. The Chase Manhattan Bank, a precursor to JPMorgan Chase, was later formed when The Bank Of Manhattan Company purchased Chase Bank which was established in 1877.

JPMorgan & Co came to life in 1895 in order to finance the United States Steel Corporation. Itself a result of merger, the company also financed other early American businesses as well as aided the federal government by backing a bond offering. It wasn’t until the year 2000 and after several more mergers that JPMorgan Chase & Co was born. It will be four more years before the merger with Bank One which is notable because it brings CEO Jamie Dimon into the picture.

JPMorgan Chase & Co was instrumental in aiding the US government during the 2008 financial crisis. It backed the accounts of several major banks including Bear Stearns and eventually took over their operations. Today, JPMorgan Chase & Co operates as a financial services company worldwide with operations on every continent and in more than 60 countries.

JPMorgan Chase & Co operates through four segments that are Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). Services are available in branches in 48 of the 50 US states and around the world. Services are available via ATM, online, mobile, and telephone.

The CCB segment offers traditional banking services to consumers that include but are not limited to deposits, loans, mortgages, and lines of credit. The CIB segment provides investment banking products and services to businesses, institutions, and governments that range from prime brokerage, insurance, corporate strategy, and access to capital markets, to lending, cross-border financing, and derivative instruments. The CB segment provides financial services for small, medium, and large businesses including commercial real estate banking of all types.

The AWM segment provides investment management solutions to institutional and retail investors. This segment also provides retirement products, brokerage, trusts and estates, and investment management products.

JPMorgan Chase & Co. Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
86th Percentile Overall Score

JPM MarketRank™: 

JPMorgan Chase & Co. scored higher than 86% of companies evaluated by MarketBeat, and ranked 228th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    JPMorgan Chase & Co. has received a consensus rating of Moderate Buy. The company's average rating score is 2.61, and is based on 11 buy ratings, 7 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    JPMorgan Chase & Co. has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about JPMorgan Chase & Co.'s stock forecast and price target.
  • Earnings Growth

    Earnings for JPMorgan Chase & Co. are expected to decrease by -4.17% in the coming year, from $17.52 to $16.79 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of JPMorgan Chase & Co. is 12.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.20.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of JPMorgan Chase & Co. is 12.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 42.57.

  • Price to Earnings Growth Ratio

    JPMorgan Chase & Co. has a PEG Ratio of 3.28. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    JPMorgan Chase & Co. has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about JPMorgan Chase & Co.'s valuation and earnings.
  • Percentage of Shares Shorted

    0.99% of the float of JPMorgan Chase & Co. has been sold short.
  • Short Interest Ratio / Days to Cover

    JPMorgan Chase & Co. has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in JPMorgan Chase & Co. has recently increased by 1.92%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    JPMorgan Chase & Co. pays a meaningful dividend of 2.23%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    JPMorgan Chase & Co. has been increasing its dividend for 14 years.

  • Dividend Coverage

    The dividend payout ratio of JPMorgan Chase & Co. is 27.82%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, JPMorgan Chase & Co. will have a dividend payout ratio of 29.78% next year. This indicates that JPMorgan Chase & Co. will be able to sustain or increase its dividend.

  • Read more about JPMorgan Chase & Co.'s dividend.
  • Percentage of Shares Shorted

    0.99% of the float of JPMorgan Chase & Co. has been sold short.
  • Short Interest Ratio / Days to Cover

    JPMorgan Chase & Co. has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in JPMorgan Chase & Co. has recently increased by 1.92%, indicating that investor sentiment is decreasing.
  • News Sentiment

    JPMorgan Chase & Co. has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 39 news articles for JPMorgan Chase & Co. this week, compared to 38 articles on an average week.
  • Search Interest

    124 people have searched for JPM on MarketBeat in the last 30 days. This is an increase of 5% compared to the previous 30 days.
  • MarketBeat Follows

    74 people have added JPMorgan Chase & Co. to their MarketBeat watchlist in the last 30 days. This is an increase of 85% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, JPMorgan Chase & Co. insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.79% of the stock of JPMorgan Chase & Co. is held by insiders.

  • Percentage Held by Institutions

    71.55% of the stock of JPMorgan Chase & Co. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about JPMorgan Chase & Co.'s insider trading history.
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JPM Stock News Headlines

Finance and money technology background concept of business prosperity and asset management . Creative graphic show economy and financial growth by investment in valuable asset to gain wealth profit . — Photo
Financial Stocks Holding Firm Near Highs: 2 Key Players to Watch (JPM)
The financial sector ETF XLF recently reached new 52-week highs, driven by strong earnings from significant holdings like JPMorgan and Morgan Stanley.
Wells Fargo Sign and Logo — Stock Editorial Photography
Is Wells Fargo Stock the End-of-Year Rebound Story to Watch? (JPM)
Wells Fargo & Co. (NYSE: WFC) reported a relatively solid third quarter of 2024 earnings report, beating analyst EPS expectations by 14 cents.
Banking failure dead ahead
If you missed it, my emergency election broadcast is now available - but will be removed soon
Goldman Sachs Explore this modern corporate building with 4K only editorial footage showcasing its stunning glass exterior and dynamic interior spaces.
Goldman Sachs: Raises the Bar for Banks After Crushing Q3 2024 (JPM)
Goldman Sachs reported strong Q3 2024 results, driven by surging IPOs, wealth management growth, and assets under supervision hitting $3.1 trillion.
July 19, 2024, Paraguay. In this photo illustration, the Taiwan Semiconductor Manufacturing Company (TSMC) logo is displayed on a smartphone screen — Stock Editorial Photography
Misses and Beats: 3 Stocks That Are Moving Markets Right Now (JPM)
In earnings results from mid-October, winners include second-largest semiconductor maker TSMC and Netflix, while ASML fell short.
J.P. Morgan Affiliates Settle SEC Enforcement Actions
See More Headlines

JPM Stock Analysis - Frequently Asked Questions

JPMorgan Chase & Co.'s stock was trading at $170.10 on January 1st, 2024. Since then, JPM stock has increased by 31.1% and is now trading at $222.94.
View the best growth stocks for 2024 here
.

JPMorgan Chase & Co. (NYSE:JPM) posted its quarterly earnings data on Friday, October, 11th. The financial services provider reported $4.37 earnings per share for the quarter, beating analysts' consensus estimates of $4.02 by $0.35. The company's quarterly revenue was up 6.5% compared to the same quarter last year.
Read the conference call transcript
.

The following companies are subsidiaries of JPMorgan Chase & Co.: Global Shares, Frosch Travel Group, The Infatuation, Frank Financial Aid, cxLoyalty Group (Global Loyalty Business), InstaMed, WePay, and more.

JPMorgan Chase & Co.'s top institutional shareholders include International Assets Investment Management LLC (0.31%), Principal Financial Group Inc. (0.20%), National Pension Service (0.18%) and Assenagon Asset Management S.A.. Insiders that own company stock include Chase & Co Jpmorgan, Mary E Erdoes, Daniel E Pinto, Douglas B Petno, James Dimon, Ashley Bacon, Marianne Lake, Lori A Beer, Peter Scher, Robin Leopold, Stacey Friedman, Jennifer Piepszak, Mellody L Hobson and Elena A Korablina.
View institutional ownership trends
.

Shares of JPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that JPMorgan Chase & Co. investors own include NVIDIA (NVDA), Verizon Communications (VZ), AbbVie (ABBV), Vanguard Short-Term Inflation-Protected Securities ETF (VTIP), Pembina Pipeline (PBA), Meta Platforms (META) and Chevron (CVX).

Company Calendar

Ex-Dividend for 10/31 Dividend
10/04/2024
Last Earnings
10/11/2024
Dividend Payable
10/31/2024
Today
11/02/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/10/2025

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Other Diversified Financial Services
CUSIP
46625H10
Employees
309,926
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$222.81
High Stock Price Target
$257.00
Low Stock Price Target
$185.00
Potential Upside/Downside
-2.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
18 Analysts

Profitability

Net Income
$49.55 billion
Pretax Margin
25.21%

Debt

Sales & Book Value

Annual Sales
$239.43 billion
Cash Flow
$20.29 per share
Book Value
$113.94 per share

Miscellaneous

Outstanding Shares
2,845,170,000
Free Float
2,822,688,000
Market Cap
$634.30 billion
Optionable
Optionable
Beta
1.11

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This page (NYSE:JPM) was last updated on 11/2/2024 by MarketBeat.com Staff
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