What is Zacks Research's Estimate for JPM FY2025 Earnings?

Key Points

• Zacks Research raised its estimate for JPMorgan Chase & Co.'s FY2025 earnings per share to $19.09, significantly higher than the previous estimate of $18.37 and exceeding the current consensus of $18.10.
• JPMorgan Chase reported a quarterly EPS of $4.96, which beat analysts' expectations of $4.48, despite a 10.5% decline in revenue compared to the same quarter last year.
• Several analysts have increased their price targets for JPMorgan Chase, with Bank of America raising its target from $330.00 to $340.00, reflecting growing confidence in the company's performance.

JPMorgan Chase & Co. (NYSE:JPM - Free Report) - Investment analysts at Zacks Research boosted their FY2025 earnings estimates for shares of JPMorgan Chase & Co. in a research report issued to clients and investors on Monday, August 4th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $19.09 per share for the year, up from their previous forecast of $18.37. The consensus estimate for JPMorgan Chase & Co.'s current full-year earnings is $18.10 per share.

Several other research analysts also recently issued reports on JPM. HSBC reiterated a "reduce" rating and set a $259.00 price target on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 8th. Cowen reiterated a "buy" rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, July 16th. TD Cowen initiated coverage on shares of JPMorgan Chase & Co. in a research report on Thursday, May 15th. They set a "buy" rating and a $305.00 price target on the stock. Piper Sandler restated an "overweight" rating on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 15th. Finally, Baird R W downgraded shares of JPMorgan Chase & Co. from a "hold" rating to a "strong sell" rating in a research report on Friday, June 27th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, JPMorgan Chase & Co. presently has a consensus rating of "Moderate Buy" and an average price target of $288.68.

JPMorgan Chase & Co. Price Performance

NYSE JPM traded down $4.32 on Wednesday, hitting $287.03. 8,055,914 shares of the company were exchanged, compared to its average volume of 8,559,338. The firm has a 50 day moving average of $283.24 and a two-hundred day moving average of $262.53. The company has a market cap of $797.67 billion, a P/E ratio of 14.73, a P/E/G ratio of 1.94 and a beta of 1.11. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 1.25. JPMorgan Chase & Co. has a 1-year low of $200.61 and a 1-year high of $301.29.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last posted its earnings results on Tuesday, July 15th. The financial services provider reported $4.96 earnings per share for the quarter, topping the consensus estimate of $4.48 by $0.48. JPMorgan Chase & Co. had a net margin of 20.52% and a return on equity of 16.93%. The business had revenue of $44.91 billion for the quarter, compared to analyst estimates of $43.76 billion. During the same quarter in the prior year, the firm earned $6.12 EPS. The firm's quarterly revenue was down 10.5% compared to the same quarter last year.

JPMorgan Chase & Co. Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Thursday, July 3rd were issued a dividend of $1.40 per share. The ex-dividend date of this dividend was Thursday, July 3rd. This represents a $5.60 dividend on an annualized basis and a yield of 2.0%. JPMorgan Chase & Co.'s dividend payout ratio is 28.73%.

Insider Transactions at JPMorgan Chase & Co.

In other JPMorgan Chase & Co. news, COO Jennifer Piepszak sold 6,128 shares of the firm's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $262.47, for a total value of $1,608,416.16. Following the sale, the chief operating officer owned 62,455 shares of the company's stock, valued at $16,392,563.85. This trade represents a 8.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Stacey Friedman sold 2,821 shares of the firm's stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $265.71, for a total value of $749,567.91. Following the transaction, the general counsel directly owned 68,757 shares in the company, valued at approximately $18,269,422.47. This represents a 3.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,557 shares of company stock worth $4,113,796 in the last three months. 0.47% of the stock is currently owned by insiders.

Hedge Funds Weigh In On JPMorgan Chase & Co.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Harbor Asset Planning Inc. purchased a new position in JPMorgan Chase & Co. during the second quarter valued at $26,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in JPMorgan Chase & Co. during the first quarter valued at $28,000. Redwood Park Advisors LLC purchased a new position in JPMorgan Chase & Co. during the fourth quarter valued at $29,000. University of Illinois Foundation purchased a new position in JPMorgan Chase & Co. during the first quarter valued at $30,000. Finally, Ryan Investment Management Inc. purchased a new position in JPMorgan Chase & Co. during the second quarter valued at $37,000. 71.55% of the stock is currently owned by institutional investors.

About JPMorgan Chase & Co.

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.