JPMorgan Chase & Co. (NYSE:JPM) Stock Price Down 1.4% - What's Next?

Key Points

• JPMorgan shares fell 1.4% to about $331.82 in below-average trading volume, near the stock’s 200-day moving average of $331.70.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus and an average price target of $368.10; Erste Group also raised its 2027 EPS forecast above consensus.
• Positive developments include JPMorgan’s expansion of JPM Coin and tokenized funds to Ethereum and Solana, while rising credit-card delinquencies and the company’s recent earnings miss remain key risks.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) shares fell 1.4% during trading on Friday. The stock traded as low as $330.40 and last traded at $331.8180. Approximately 4,709,079 shares changed hands during trading, a decline of 48% from the average daily volume of 9,124,266 shares. The stock had previously closed at $336.54.

Trending Headlines about JPMorgan Chase & Co.

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: Analysts at Erste Group raised their 2027 EPS forecast for JPMorgan to $25.56 from $25.27, above the broader consensus estimate of $23.99, signaling confidence in the bank’s earnings outlook.
• Positive Sentiment: JPMorgan is expanding its digital-assets platform: its JPM Coin is now available on the Ethereum mainnet for institutional payments, while its tokenized money-market funds have also expanded to the Solana blockchain. The moves could strengthen the bank’s position in faster, on-chain payments and asset management. JPMorgan Chase Takes JPM Coin to Ethereum
• Positive Sentiment: JPMorgan has identified Bitcoin as a leading long-term return asset and reportedly expects roughly 10% annualized returns in its long-term framework. This may enhance the bank’s profile in digital-asset research and institutional services, though it does not directly increase near-term earnings. Bitcoin’s Rally Hits Roadblocks
• Neutral Sentiment: JPMorgan disclosed stakes of at least 5% in several energy and industrial companies, including Panoro Energy, Deep Value Driller and Hexagon Composites. These appear to be investment or client-related holdings and have limited direct impact on JPM stock.
• Neutral Sentiment: JPMorgan strategists said hedge-fund positioning has reset substantially and that downside for equities may be limited. A more stable market could benefit the bank’s trading and investment-banking businesses, but the view is not company-specific. JPMorgan Strategist on the Stock Market
• Negative Sentiment: Credit-card delinquencies among major issuers rose to 2.6% in September. Although net charge-offs declined, worsening delinquency trends could raise concerns about future credit losses for JPMorgan’s consumer-banking operations.
• Negative Sentiment: A Barron’s Advisor roundup highlighted teams overseeing approximately $18 billion moving independent. If the assets are connected to JPMorgan, the departures could create concerns about talent retention and potential client or asset outflows. JPMorgan Teams Go Independent

Analyst Upgrades and Downgrades

A number of analysts have commented on JPM shares. TD Cowen started coverage on shares of JPMorgan Chase & Co. in a research report on Thursday, October 8th. They set a "hold" rating and a $370.00 price target on the stock. UBS Group cut their price target on JPMorgan Chase & Co. from $400.00 to $395.00 and set a "buy" rating on the stock in a report on Monday, October 5th. Weiss Ratings raised JPMorgan Chase & Co. from a "buy (b+)" rating to a "buy (a-)" rating in a report on Friday, October 9th. Freedom Broker upgraded shares of JPMorgan Chase & Co. from a "hold" rating to a "strong-buy" rating in a report on Thursday, October 15th. Finally, Deutsche Bank Aktiengesellschaft upgraded JPMorgan Chase & Co. from a "hold" rating to a "buy" rating and set a $375.00 target price on the stock in a research note on Wednesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $368.10.

JPMorgan Chase & Co. Stock Performance

The company has a 50-day moving average price of $346.03 and a two-hundred day moving average price of $331.70. The stock has a market capitalization of $882.04 billion, a P/E ratio of 13.92, a PEG ratio of 1.32 and a beta of 1.02. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.31.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing analysts' consensus estimates of $5.94 by ($0.19). The firm had revenue of $50.17 billion for the quarter, compared to the consensus estimate of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. The business's revenue was up 8.1% on a year-over-year basis. During the same period last year, the company posted $5.07 EPS. Equities analysts expect that JPMorgan Chase & Co. will post 23.99 earnings per share for the current year.

JPMorgan Chase & Co. Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Tuesday, October 6th will be given a $1.65 dividend. This represents a $6.60 annualized dividend and a dividend yield of 2.0%. This is a positive change from JPMorgan Chase & Co.'s previous quarterly dividend of $1.50. The ex-dividend date is Tuesday, October 6th. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is currently 27.68%.

Insider Activity at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of the firm's stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total transaction of $882,025.00. Following the sale, the insider owned 71,047 shares in the company, valued at approximately $25,066,092.07. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is owned by insiders.

Hedge Funds Weigh In On JPMorgan Chase & Co.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp boosted its stake in shares of JPMorgan Chase & Co. by 0.8% in the 2nd quarter. State Street Corp now owns 125,209,293 shares of the financial services provider's stock valued at $40,984,758,000 after purchasing an additional 932,632 shares in the last quarter. Bank of America Corp DE raised its position in JPMorgan Chase & Co. by 6.1% in the 2nd quarter. Bank of America Corp DE now owns 69,666,753 shares of the financial services provider's stock worth $22,804,018,000 after purchasing an additional 4,006,293 shares during the period. Bank of New York Mellon Corp raised its position in JPMorgan Chase & Co. by 2.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 21,642,804 shares of the financial services provider's stock worth $7,084,339,000 after purchasing an additional 540,362 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in JPMorgan Chase & Co. by 0.7% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 18,833,413 shares of the financial services provider's stock worth $6,164,741,000 after purchasing an additional 134,634 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in JPMorgan Chase & Co. by 3.3% in the first quarter. Dimensional Fund Advisors LP now owns 18,968,884 shares of the financial services provider's stock worth $5,578,788,000 after purchasing an additional 607,288 shares during the last quarter. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, lending, investment banking, payments, asset management and wealth management services to individuals, businesses, governments and institutional clients.

Its major business segments include Consumer & Community Banking, which offers deposit accounts, credit cards, mortgages, auto loans and other financial products; Commercial & Investment Banking, which provides corporate lending, advisory, underwriting, trading, treasury and payments services; and Asset & Wealth Management, which serves individual and institutional investors with investment management, brokerage and related advisory services.

JPMorgan Chase serves customers in the United States and operates internationally through offices and businesses in major financial centers around the world.

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