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NYSE:JPM

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

$205.08
+0.29 (+0.14%)
(As of 07/8/2024 ET)
Today's Range
$203.97
$206.87
50-Day Range
$190.51
$208.83
52-Week Range
$135.19
$210.38
Volume
8.71 million shs
Average Volume
9.21 million shs
Market Capitalization
$588.92 billion
P/E Ratio
12.38
Dividend Yield
2.24%
Price Target
$195.95

JPMorgan Chase & Co. MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
4.5% Downside
$195.95 Price Target
Short Interest
Healthy
0.76% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.78
Upright™ Environmental Score
News Sentiment
0.44mentions of JPMorgan Chase & Co. in the last 14 days
Based on 62 Articles This Week
Insider Trading
Selling Shares
$46.96 M Sold Last Quarter
Proj. Earnings Growth
0.18%
From $16.47 to $16.50 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.27 out of 5 stars

Finance Sector

197th out of 822 stocks

National Commercial Banks Industry

29th out of 82 stocks

JPM stock logo

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

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.

JPM Stock Price History

JPM Stock News Headlines

Bank of America branch logo sign
These Top 3 Banks Raise Dividends After Passing Fed Stress Test
Every once in a while, the Federal Reserve has to step aside from its primary function of keeping markets safe and employment running strong - without too much inflation - to ensure banks are doing okay. What's called the Fed's “stress test” ended last week, and despite some concerns about the state of consumer credit, most banks passed with flying colors.
Bank of America branch logo sign
These Top 3 Banks Raise Dividends After Passing Fed Stress Test (JPM)
Three banks are now looking to raise their dividend and buyback programs after passing the Fed's stress test, Wall Street analysts see double-digit upside
Bitcoin’s Biggest Year Yet
2024 is set to be a historic year for Bitcoin. It’s all thanks to three major catalysts that I reveal in my newest video.
Bank of America logo sign investment bank
3 Banking Stocks Set to Rally with Expanding Money Supply
Three banking stocks are set to potentially beat the market this coming quarter as the Fed finally started injecting more liquidity into the market
Bank of America logo sign investment bank
Top 3 Banking Stocks Set to Rally with Expanding Money Supply
One of the most significant economic indicators has just turned into expansion mode after leaving investors concerned about the Federal Reserve (the Fed) not following through with its plans to cut interest rates by the end of 2024. The M2 money supply is now back into expansion to change its previously steady contraction path, and that's good news for those with buying power.
JPMorgan Strategic Buyouts Aid Amid Fee Income Woes
Bitcoin’s Biggest Year Yet
2024 is set to be a historic year for Bitcoin. It’s all thanks to three major catalysts that I reveal in my newest video.
JPMorgan Chase & Co. (NYSE:JPM) Trading Up 0.5%
JPMorgan Chase & Co. (NYSE:JPM) Downgraded by Wolfe Research
JPMorgan Chase & Co. (NYSE:JPM) Trading Down 0.1%
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
4/04/2024
Last Earnings
4/12/2024
Dividend Payable
4/30/2024
Ex-Dividend for 7/31 Dividend
7/05/2024
Today
7/09/2024
Next Earnings (Confirmed)
7/12/2024
Dividend Payable
7/31/2024
Fiscal Year End
12/31/2024

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
$195.95
High Stock Price Target
$239.00
Low Stock Price Target
$140.00
Potential Upside/Downside
-4.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
21 Analysts

Profitability

Net Income
$49.55 billion
Pretax Margin
25.07%

Debt

Sales & Book Value

Annual Sales
$239.43 billion
Cash Flow
$20.45 per share
Book Value
$104.45 per share

Miscellaneous

Outstanding Shares
2,871,670,000
Free Float
2,848,982,000
Market Cap
$588.92 billion
Optionable
Optionable
Beta
1.12

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Should I Buy JPMorgan Chase & Co. Stock? JPM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in JP Morgan Chase:

  • JP Morgan Chase CEO owning a significant number of shares, indicating confidence in the company's future performance.
  • Recent insider transactions showing continued interest and investment in the company's stock.
  • Positive analyst ratings and target price upgrades, suggesting growth potential.
  • Strong institutional investor support, with major hedge funds increasing their positions in the company.
  • Current stock price at an attractive level, offering a potential entry point for investors.

Cons

Investors should be bearish about investing in JP Morgan Chase for these reasons:

  • Recent insider selling activities raising concerns about potential future performance.
  • Varied analyst ratings, including some downgrades, indicating uncertainty in the short term.
  • Market volatility and economic uncertainties impacting the financial sector's stability.
  • Competitive landscape and regulatory challenges affecting profitability and growth prospects.
  • Potential risks associated with the company's exposure to market fluctuations and global economic conditions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these JPMorgan Chase & Co. pros and cons to contact@marketbeat.com.

JPM Stock Analysis - Frequently Asked Questions

How have JPM shares performed this year?

JPMorgan Chase & Co.'s stock was trading at $170.10 at the start of the year. Since then, JPM stock has increased by 20.6% and is now trading at $205.08.
View the best growth stocks for 2024 here
.

How were JPMorgan Chase & Co.'s earnings last quarter?

JPMorgan Chase & Co. (NYSE:JPM) issued its quarterly earnings data on Friday, April, 12th. The financial services provider reported $4.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.18 by $0.45. The financial services provider had revenue of $41.93 billion for the quarter, compared to analyst estimates of $40.90 billion. JPMorgan Chase & Co. had a net margin of 20.05% and a trailing twelve-month return on equity of 17.79%.

What is Jamie Dimon's approval rating as JPMorgan Chase & Co.'s CEO?

10,337 employees have rated JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon on Glassdoor.com. Jamie Dimon has an approval rating of 93% among the company's employees. This puts Jamie Dimon in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does JPMorgan Chase & Co. have any subsidiaries?

JPMorgan Chase & Co. subsidiaries include Global Shares, Frosch Travel Group, The Infatuation, Frank Financial Aid, cxLoyalty Group (Global Loyalty Business), InstaMed, WePay, and others.

Who are JPMorgan Chase & Co.'s major shareholders?

Top institutional shareholders of JPMorgan Chase & Co. include DNB Asset Management AS (0.04%), Douglas Lane & Associates LLC (0.03%), Massmutual Trust Co. FSB ADV (0.01%) and ST Germain D J Co. Inc. (0.01%). 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
.

How do I buy shares of JPMorgan Chase & Co.?

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.

What other stocks do shareholders of JPMorgan Chase & Co. own?

Based on aggregate information from My MarketBeat watchlists, some other companies that JPMorgan Chase & Co. investors own include Bank of America (BAC), AT&T (T), Intel (INTC), Walt Disney (DIS), NVIDIA (NVDA), Johnson & Johnson (JNJ) and Cisco Systems (CSCO).

This page (NYSE:JPM) was last updated on 7/9/2024 by MarketBeat.com Staff

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