What is Seaport Res Ptn's Forecast for JPM FY2025 Earnings?

JPMorgan Chase & Co. (NYSE:JPM - Free Report) - Seaport Res Ptn lifted their FY2025 EPS estimates for JPMorgan Chase & Co. in a research report issued on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will earn $18.45 per share for the year, up from their previous estimate of $18.30. The consensus estimate for JPMorgan Chase & Co.'s current full-year earnings is $18.10 per share.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last issued its earnings results on Friday, April 11th. The financial services provider reported $5.07 earnings per share for the quarter, topping analysts' consensus estimates of $4.63 by $0.44. The firm had revenue of $45.30 billion during the quarter, compared to analyst estimates of $43.62 billion. JPMorgan Chase & Co. had a net margin of 21.21% and a return on equity of 16.88%. The company's quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the business earned $4.44 earnings per share.

JPM has been the topic of a number of other reports. Robert W. Baird downgraded shares of JPMorgan Chase & Co. from a "neutral" rating to an "underperform" rating and set a $235.00 price target on the stock. in a report on Friday, June 27th. Bank of America lifted their price target on shares of JPMorgan Chase & Co. from $300.00 to $325.00 and gave the stock a "buy" rating in a research note on Wednesday, June 18th. Morgan Stanley set a $240.00 target price on shares of JPMorgan Chase & Co. and gave the stock an "equal weight" rating in a report on Monday. Hsbc Global Res cut shares of JPMorgan Chase & Co. from a "hold" rating to a "moderate sell" rating in a report on Tuesday. Finally, Keefe, Bruyette & Woods upgraded shares of JPMorgan Chase & Co. from a "market perform" rating to an "outperform" rating and set a $327.00 target price on the stock in a report on Wednesday. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $280.45.

JPMorgan Chase & Co. Price Performance

Shares of JPMorgan Chase & Co. stock traded down $1.41 on Wednesday, reaching $286.78. The stock had a trading volume of 7,378,197 shares, compared to its average volume of 9,558,485. JPMorgan Chase & Co. has a 1 year low of $190.90 and a 1 year high of $296.40. The company has a market cap of $796.99 billion, a P/E ratio of 14.08, a price-to-earnings-growth ratio of 2.62 and a beta of 1.10. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.23. The business's 50 day moving average is $270.30 and its two-hundred day moving average is $255.98.

Institutional Investors Weigh In On JPMorgan Chase & Co.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC grew its stake in shares of JPMorgan Chase & Co. by 609,867.5% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 72,897,211 shares of the financial services provider's stock valued at $21,133,630,000 after acquiring an additional 72,885,260 shares during the period. Norges Bank bought a new position in shares of JPMorgan Chase & Co. during the 4th quarter valued at approximately $8,310,884,000. GAMMA Investing LLC grew its stake in shares of JPMorgan Chase & Co. by 25,861.9% during the 1st quarter. GAMMA Investing LLC now owns 23,556,011 shares of the financial services provider's stock valued at $5,778,289,000 after acquiring an additional 23,465,278 shares during the period. Nuveen LLC bought a new position in shares of JPMorgan Chase & Co. during the 1st quarter valued at approximately $3,972,807,000. Finally, Northern Trust Corp grew its stake in shares of JPMorgan Chase & Co. by 15.4% during the 4th quarter. Northern Trust Corp now owns 33,845,676 shares of the financial services provider's stock valued at $8,113,147,000 after acquiring an additional 4,515,147 shares during the period. Hedge funds and other institutional investors own 71.55% of the company's stock.

Insider Buying and Selling

In related news, General Counsel Stacey Friedman sold 6,608 shares of the firm's stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $265.71, for a total value of $1,755,811.68. Following the sale, the general counsel owned 36,520 shares in the company, valued at approximately $9,703,729.20. This trade represents a 15.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Linda Bammann sold 9,500 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $250.00, for a total transaction of $2,375,000.00. Following the completion of the sale, the director directly owned 91,539 shares of the company's stock, valued at approximately $22,884,750. This trade represents a 9.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold 71,200 shares of company stock worth $18,060,015 in the last 90 days. 0.47% of the stock is owned by company insiders.

JPMorgan Chase & Co. Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd will be given a $1.40 dividend. This represents a $5.60 annualized dividend and a dividend yield of 1.95%. The ex-dividend date is Thursday, July 3rd. JPMorgan Chase & Co.'s dividend payout ratio is presently 27.49%.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.