J C Penney Company Company Profile (NYSE:JCP)

About J C Penney Company (JCP)

J C Penney Company logoJ. C. Penney Company, Inc. is a holding company. The Company's operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Company's business consists of selling merchandise and services to consumers through its department stores and its Website at jcpenney.com, which utilizes optimized applications for desktop, mobile and tablet devices. The Company's department stores and Website serves the same type of customers, its Website offers virtually the same mix of merchandise as its in store assortment along with other extended categories that are not offered in store, and its department stores accept returns from sales made in stores and through its Website. Its online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers' warehouses and by in store customer pick up. It sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney and home furnishings.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Department Stores
  • Sub-Industry: Department Stores
  • Exchange: NYSE
  • Symbol: JCP
  • CUSIP: 70816010
Key Metrics:
  • Previous Close: $5.52
  • 50 Day Moving Average: $5.86
  • 200 Day Moving Average: $7.53
  • 52-Week Range: $5.45 - $11.30
  • Trailing P/E Ratio: 1840.00
  • Foreward P/E Ratio: 9.52
  • P/E Growth: -0.44
  • Market Cap: $1.70B
  • Outstanding Shares: 308,619,000
  • Beta: 0.69
Profitability:
  • Net Margins: -2.56%
  • Return on Equity: -4.66%
  • Return on Assets: -0.61%
Debt:
  • Debt-to-Equity Ratio: 3.96%
  • Current Ratio: 1.47%
  • Quick Ratio: 0.22%

Analyst Ratings

Consensus Ratings for J C Penney Company (NYSE:JCP) (?)
Ratings Breakdown: 2 Sell Ratings, 11 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $8.67 (57.00% upside)

Analysts' Ratings History for J C Penney Company (NYSE:JCP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/6/2017Jefferies Group LLCReiterated RatingHold$7.00MediumView Rating Details
3/11/2017Piper Jaffray CompaniesSet Price TargetHold$7.00HighView Rating Details
2/28/2017Oppenheimer Holdings Inc.Reiterated RatingMarket PerformN/AView Rating Details
2/28/2017Susquehanna Bancshares IncReiterated RatingPositiveN/AView Rating Details
2/24/2017Northcoast ResearchReiterated RatingBuyN/AView Rating Details
2/27/2017Robert W. BairdSet Price TargetBuy$9.00N/AView Rating Details
2/27/2017BMO Capital MarketsReiterated RatingMarket Perform$8.00N/AView Rating Details
2/27/2017Cowen and CompanyLower Price TargetMarket Perform$10.00 -> $8.00N/AView Rating Details
2/27/2017B. RileyDowngradeBuy -> Neutral$12.00 -> $7.50N/AView Rating Details
2/13/2017Morgan StanleyUpgradeUnderweight -> Equal Weight$7.00N/AView Rating Details
1/18/2017Credit Suisse Group AGDowngradeNeutral -> Underperform$6.86 -> $7.00N/AView Rating Details
1/12/2017Deutsche Bank AGReiterated RatingBuy$11.00 -> $10.00N/AView Rating Details
1/9/2017Telsey Advisory GroupLower Price TargetOutperform$13.00 -> $11.00N/AView Rating Details
12/6/2016ArgusReiterated RatingHoldN/AView Rating Details
12/2/2016Bank of America CorpUpgradeNeutral -> Buy$9.53 -> $12.00N/AView Rating Details
9/30/2016GuggenheimInitiated CoverageNeutralN/AView Rating Details
5/23/2016Miller TabakLower Price TargetBuy$17.00 -> $13.00N/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
5/17/2016Goldman Sachs Group IncReiterated RatingSellN/AView Rating Details
5/16/2016Citigroup IncLower Price TargetNeutral$9.00 -> $8.00N/AView Rating Details
5/6/2016JPMorgan Chase & Co.Lower Price TargetNeutral$10.00 -> $7.00N/AView Rating Details
3/3/2016Evercore ISIUpgradeHold -> Buy$8.00 -> $15.00N/AView Rating Details
2/29/2016NomuraLower Price TargetNeutral$10.00 -> $9.00N/AView Rating Details
2/26/2016Craig HallumUpgradeSell -> HoldN/AView Rating Details
1/25/2016OTR GlobalUpgradeNeutralN/AView Rating Details
1/8/2016S&P Equity ResearchUpgradeHold -> BuyN/AView Rating Details
11/20/2015Buckingham ResearchReiterated RatingBuy$12.00N/AView Rating Details
9/17/2015MKM PartnersInitiated CoverageBuyN/AView Rating Details
8/27/2015Imperial CapitalBoost Price TargetUnderperform$3.00 -> $5.00N/AView Rating Details
(Data available from 4/27/2015 forward)

Earnings

Earnings History for J C Penney Company (NYSE:JCP)
Earnings by Quarter for J C Penney Company (NYSE:JCP)
Earnings History by Quarter for J C Penney Company (NYSE:JCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/11/2017        
2/24/2017Q416$0.61$0.64$3.98 billion$4.00 billionViewN/AView Earnings Details
11/11/2016Q316($0.21)($0.21)$2.95 billion$2.86 billionViewN/AView Earnings Details
8/12/2016Q216($0.15)($0.05)$2.93 billion$2.92 billionViewListenView Earnings Details
5/13/2016Q116($0.38)($0.32)$2.92 billion$2.81 billionViewListenView Earnings Details
2/25/2016Q415$0.23$0.39$3.99 billion$4.00 billionViewN/AView Earnings Details
11/13/2015Q315($0.55)($0.47)$2.88 billion$2.90 billionViewListenView Earnings Details
8/14/2015Q215($0.48)($0.41)$2.86 billion$2.88 billionViewListenView Earnings Details
5/13/2015Q115($0.79)($0.57)$2.86 billion$2.86 billionViewListenView Earnings Details
2/26/2015Q414$0.11($0.19)$4.71 billion$3.89 billionViewListenView Earnings Details
11/12/2014Q314($0.83)($0.77)$2.81 billion$2.76 billionViewListenView Earnings Details
8/14/2014Q214($0.98)($0.75)$2.78 billion$2.80 billionViewListenView Earnings Details
2/26/2014Q413($0.76)($0.68)$3.94 billion$3.78 billionViewListenView Earnings Details
11/20/2013Q3($1.72)($1.81)$2.80 billion$2.78 billionViewListenView Earnings Details
8/20/2013Q2 2013($1.06)($1.17)$2.76 billion$2.66 billionViewListenView Earnings Details
5/16/2013Q1 2013($0.86)($1.31)$2.72 billion$2.64 billionViewListenView Earnings Details
2/27/2013Q4 2012($0.17)($1.95)$4.08 billion$3.88 billionViewListenView Earnings Details
11/9/2012Q312$0.02($0.93)$3.29 billion$2.93 billionViewN/AView Earnings Details
8/10/2012($0.07)($0.37)ViewN/AView Earnings Details
5/15/2012($0.08)($0.25)ViewN/AView Earnings Details
2/24/2012$0.67$0.74ViewN/AView Earnings Details
11/14/2011$0.11$0.11ViewN/AView Earnings Details
8/12/2011$0.07$0.07ViewN/AView Earnings Details
5/16/2011$0.24$0.28ViewN/AView Earnings Details
2/25/2011$1.08$1.09ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for J C Penney Company (NYSE:JCP)
2017 EPS Consensus Estimate: $0.49
2018 EPS Consensus Estimate: $0.59
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175($0.41)$0.61$0.13
Q2 20172($0.13)($0.12)($0.13)
Q3 20173($0.21)($0.16)($0.18)
Q4 20175$0.51$0.88$0.66
Q1 20183($0.22)($0.19)($0.20)
Q2 20182$0.08$0.18$0.13
Q3 20183($0.12)($0.05)($0.09)
Q4 20185$0.57$0.93$0.75
(Data provided by Zacks Investment Research)

Dividends

Dividend History for J C Penney Company (NYSE:JCP)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for J C Penney Company (NYSE:JCP)
Insider Ownership Percentage: 1.28%
Institutional Ownership Percentage: 85.70%
Insider Trades by Quarter for J C Penney Company (NYSE:JCP)
Institutional Ownership by Quarter for J C Penney Company (NYSE:JCP)
Insider Trades by Quarter for J C Penney Company (NYSE:JCP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/18/2016John Joseph Tighe IIIEVPSell38,756$9.33$361,593.48View SEC Filing  
8/25/2016Marvin R EllisonChairmanBuy50,000$9.92$496,000.00View SEC Filing  
5/17/2016Ronald W TysoeDirectorBuy25,000$7.24$181,000.00View SEC Filing  
3/9/2016Marvin R EllisonCEOBuy50,000$11.80$590,000.00View SEC Filing  
5/15/2015Brynn EvansonEVPSell6,761$8.45$57,130.45View SEC Filing  
11/19/2014Javier G TeruelDirectorBuy100,000$7.28$728,000.00View SEC Filing  
11/22/2013Myron Ullman IIICEOBuy112,000$8.95$1,002,400.00View SEC Filing  
11/16/2012Javier G TeruelDirectorBuy126,000$15.98$2,013,480.00View SEC Filing  
8/28/2012Geraldine B LaybourneDirectorBuy1,289$24.82$31,992.98View SEC Filing  
8/21/2012Geraldine B LaybourneDirectorBuy1,433$24.39$34,950.87View SEC Filing  
8/16/2012Michael W KramerCOOBuy4,400$23.74$104,456.00View SEC Filing  
8/14/2012Geraldine B LaybourneDirectorBuy1,432$23.28$33,336.96View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for J C Penney Company (NYSE:JCP)
Latest Headlines for J C Penney Company (NYSE:JCP)
Source:
DateHeadline
finance.yahoo.com logoJ.C. Penney Expands Sephora Beauty Shops As It Plays Down Apparel
finance.yahoo.com - April 26 at 7:18 PM
americanbankingnews.com logoJ C Penney Company (JCP) Earns Media Impact Rating of 0.23
www.americanbankingnews.com - April 25 at 9:18 PM
nasdaq.com logoJC Penney To Hire 800 As Sephora Grows
www.nasdaq.com - April 24 at 5:40 PM
finance.yahoo.com logoJCPENNEY PARTNERS WITH SEPHORA TO EXPAND BEAUTY RETAIL OFFERINGS WITH 70 NEW LOCATIONS AND 32 EXPANSIONS NATIONWIDE
finance.yahoo.com - April 24 at 5:40 PM
finance.yahoo.com logoJ.C. Penney Expanding Sephora to 70 New Locations
finance.yahoo.com - April 24 at 5:40 PM
finance.yahoo.com logoJ.C. Penney to hire 800 workers as part of Sephora beauty expansion
finance.yahoo.com - April 24 at 5:40 PM
seekingalpha.com logoA Look At J.C. Penney's Q1 2017 Prospects
seekingalpha.com - April 23 at 6:28 PM
marketbeat.com logoBebe expects to close all it stores by the end of May
marketbeat.com - April 21 at 5:06 PM
americanbankingnews.com logoJ C Penney Company Inc (JCP) Expected to Announce Quarterly Sales of $2.78 Billion
www.americanbankingnews.com - April 21 at 2:47 PM
bizjournals.com logoDeal of the Year cashes in on James Cash Penney
www.bizjournals.com - April 20 at 11:07 PM
finance.yahoo.com logoMorgan Stanley Bank of America Merrill Lynch Trust 2016-C29 -- Moody's Affirms Seven Classes of MSBAM 2016-C29
finance.yahoo.com - April 20 at 11:07 PM
finance.yahoo.com logoWalmart Is Using Several New Strategies to Slay the Monster That Is Amazon
finance.yahoo.com - April 20 at 6:06 PM
americanbankingnews.com logoInvestors Buy High Volume of J C Penney Company Put Options (JCP)
www.americanbankingnews.com - April 20 at 1:40 PM
americanbankingnews.com logoTraders Buy High Volume of Call Options on J C Penney Company (JCP)
www.americanbankingnews.com - April 19 at 12:27 PM
americanbankingnews.com logo-$0.20 Earnings Per Share Expected for J C Penney Company Inc (JCP) This Quarter
www.americanbankingnews.com - April 19 at 12:25 PM
finance.yahoo.com logoCREDIT SUISSE: JCPenney is finally responding to the death of brick-and-mortar retail
finance.yahoo.com - April 19 at 11:18 AM
americanbankingnews.com logoJ C Penney Company (JCP) Earns Daily Media Sentiment Score of 0.17
www.americanbankingnews.com - April 18 at 12:15 AM
finance.yahoo.com logoJ.C. Penney Just Gave 138 Stores Another Month to Live: Here's Why
finance.yahoo.com - April 17 at 10:44 AM
americanbankingnews.com logoJ C Penney Company Inc (JCP) Short Interest Up 6.1% in March
www.americanbankingnews.com - April 16 at 9:02 AM
finance.yahoo.com logoMacy's Is Copying J.C. Penney As It Looks for Growth
finance.yahoo.com - April 15 at 5:11 PM
americanbankingnews.com logoTelsey Advisory Group Trims J C Penney Company Inc (JCP) Target Price to $11.00
www.americanbankingnews.com - April 15 at 4:52 PM
bizjournals.com logoJCPenney is delaying closure of 138 stores, including 4 in Colorado
www.bizjournals.com - April 14 at 6:00 PM
finance.yahoo.com logoJ.C. Penney delays closing of 138 stores by several weeks
finance.yahoo.com - April 14 at 6:00 PM
finance.yahoo.com logoList of the 138 J.C. Penney stores that are closing
finance.yahoo.com - April 14 at 6:00 PM
americanbankingnews.com logoJ C Penney Company (JCP) Given Daily News Impact Score of -0.13
www.americanbankingnews.com - April 14 at 10:30 AM
investorplace.com logoJ C Penney Company Inc (JCP) Looks to Beauty for Growth
investorplace.com - April 14 at 6:58 AM
seekingalpha.com logoCNBC: J.C. Penney postponing store closures and liquidation sales
seekingalpha.com - April 13 at 5:46 PM
finance.yahoo.com logoPier 1 to Shutter Up to 25 Stores
finance.yahoo.com - April 13 at 5:46 PM
finance.yahoo.com logoJC Penney: Stores have seen better sales, traffic
finance.yahoo.com - April 13 at 5:46 PM
finance.yahoo.com logoJPMBB Commercial Mortgage Securities Trust 2013-C14 -- Moody's Affirms Twelve Classes of JPMBB 2013-C14
finance.yahoo.com - April 13 at 5:46 PM
finance.yahoo.com logoJ.C. Penney Delays Store Closures, Liquidation Sales
finance.yahoo.com - April 13 at 5:46 PM
finance.yahoo.com logoJ.C. Penney Delays Plan to Close Stores After Sales Pick Up
finance.yahoo.com - April 13 at 5:46 PM
finance.yahoo.com logoJ.C. Penney To Put Off Closing Stores CNBC
finance.yahoo.com - April 13 at 5:46 PM
finance.yahoo.com logo138 Bad J.C. Penney Stores Will Still Die Despite This One New Bizzarre Decision By the Retailer
finance.yahoo.com - April 13 at 5:46 PM
finance.yahoo.com logoJ.C. Penney postponing store closures
finance.yahoo.com - April 13 at 5:46 PM
finance.yahoo.com logoMorgan Stanley Bank of America Merrill Lynch Trust 2013-C10 -- Moody's Affirms 16 Classes of MSBAM 2013-C10
finance.yahoo.com - April 12 at 7:00 PM
americanbankingnews.com logoJ C Penney Company Inc (JCP) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 11 at 4:36 PM
cnbc.com logoThe great apparel slump is changing the way JC Penney and other retailers do business
www.cnbc.com - April 11 at 1:38 PM
msn.com logoJC Penney to revamp 50 more of its salons in 2017
www.msn.com - April 10 at 5:44 PM
finance.yahoo.com logoWall Street's Misguided (And Dangerous) Fascination With Retail Store Productivity
finance.yahoo.com - April 10 at 5:44 PM
finance.yahoo.com logoBetter Buy: J. C. Penney Company, Inc. vs. Macy's
finance.yahoo.com - April 10 at 5:44 PM
investorplace.com logoJ C Penney Company Inc (JCP) to Revamp 50 More of Its Salons in 2017
investorplace.com - April 10 at 1:04 PM
reuters.com logoBRIEF-J C Penney announced that 50 additional salon locations are rebranding to salon by InStyle this year
www.reuters.com - April 10 at 10:54 AM
finance.yahoo.com logoJCPenney Adds Volume To Its Stores By Transforming More Salons To The Salon By InStyle
finance.yahoo.com - April 10 at 10:54 AM
finance.yahoo.com logoJC Penney to rebrand another 50 salons to The Salon by Instyle this year
finance.yahoo.com - April 10 at 10:54 AM
finance.yahoo.com logoAnother reason to worry about retail: 29,700 jobs lost in March
finance.yahoo.com - April 9 at 5:41 PM
finance.yahoo.com logoThe death spiral that spells more job losses at malls and retailers
finance.yahoo.com - April 9 at 5:41 PM
americanbankingnews.com logoJefferies Group LLC Reaffirms "Hold" Rating for J C Penney Company Inc (JCP)
www.americanbankingnews.com - April 7 at 10:06 PM
finance.yahoo.com logoThe retail sector is shedding jobs like it’s a recession
finance.yahoo.com - April 7 at 5:54 PM
finance.yahoo.com logoCOMM 2014-CCRE17 Mortgage Trust -- Moody's Affirms 14 Classes of COMM 2014-CCRE17
finance.yahoo.com - April 7 at 5:54 PM

Social

Frequently Asked Questions for J C Penney Company (NYSE:JCP)

What is J C Penney Company's stock symbol?

J C Penney Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "JCP."

How were J C Penney Company's earnings last quarter?

J C Penney Company Inc (NYSE:JCP) announced its quarterly earnings data on Friday, February, 24th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.61 by $0.03. The firm had revenue of $4 billion for the quarter, compared to analysts' expectations of $3.98 billion. J C Penney Company had a negative return on equity of 4.66% and a negative net margin of 2.56%. The company's revenue for the quarter was down .9% compared to the same quarter last year. During the same period last year, the firm earned $0.39 earnings per share.

When will J C Penney Company make its next earnings announcement?

J C Penney Company is scheduled to release their next quarterly earnings announcement on Thursday, May, 11th 2017.

What guidance has J C Penney Company issued on next quarter's earnings?

J C Penney Company issued an update on its FY18 earnings guidance on Friday, February, 24th. The company provided earnings per share (EPS) guidance of $0.40-0.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.58.

Where is J C Penney Company's stock going? Where will J C Penney Company's stock price be in 2017?

21 brokerages have issued 1 year target prices for J C Penney Company's stock. Their forecasts range from $7.00 to $13.00. On average, they anticipate J C Penney Company's stock price to reach $8.67 in the next year.

What are analysts saying about J C Penney Company stock?

Here are some recent quotes from research analysts about J C Penney Company stock:

  • 1. BMO Capital Markets analysts commented, "JCP's stock traded down 5.8% following a 4Q16 EPS print ex-items of $0.64 that exceeded expectations (BMO $0.59/consensus $0.61), but benefited from a lower tax rate ($0.04) and $63 million of asset gains, leaving market participants disappointed with the earnings quality, albeit management had discussed potential asset sales. More important, the 2017 EBITDA target of $1.2 billion was walked down to $1.1 billion and now includes ~$100 million in asset gains; inventory looks elevated, albeit 2017 inventory is expected to decline 5%; and core apparel trends remain challenging." (2/27/2017)
  • 2. According to Zacks Investment Research, "J. C. Penney, shares have been bearing the brunt of dismal holiday sales numbers. The stock has declined over 28% in the past three months. The company’s comparable store sales declined 0.8% during the November and December period combined. The decline was primarily due to the impact of challenging retail landscape, stiff competition from online retailers and waning store traffic. The company stated that the first three weeks of November were especially challenging. During the holiday season the company saw robust performance from appliances, boots, outerwear, fine jewelry and Sephora. However, sustained weakness in women’s apparel marred the overall performance. Nevertheless, in order to augment customer shopping experience, it has been focusing on remodeling, renovating and refurbishing its stores with special focus on enhancing high-margin center core department." (2/22/2017)

Are investors shorting J C Penney Company?

J C Penney Company saw a increase in short interest during the month of April. As of April 13th, there was short interest totalling 107,958,522 shares, an increase of 5.0% from the March 31st total of 102,808,428 shares. Based on an average daily trading volume, of 19,427,408 shares, the days-to-cover ratio is presently 5.6 days. Currently, 37.5% of the shares of the company are sold short.

Who owns J C Penney Company stock?

J C Penney Company's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Strs Ohio (1.49%), Patten & Patten Inc. TN (0.18%), Nationwide Fund Advisors (0.17%), Retirement Systems of Alabama (0.13%), Foundry Partners LLC (0.08%) and Russell Investments Group Ltd. (0.06%). Company insiders that own J C Penney Company stock include Brynn Evanson, John Joseph Tighe III, Marvin R Ellison and Ronald W Tysoe.

Who sold J C Penney Company stock? Who is selling J C Penney Company stock?

J C Penney Company's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Nationwide Fund Advisors, Foundry Partners LLC, Patten & Patten Inc. TN, Profund Advisors LLC, ProShare Advisors LLC and Retirement Systems of Alabama.

Who bought J C Penney Company stock? Who is buying J C Penney Company stock?

J C Penney Company's stock was bought by a variety of institutional investors in the last quarter, including Strs Ohio, First Midwest Bank Trust Division, Financial Architects Inc, Grassi Investment Management, Parametrica Management Ltd, Janney Montgomery Scott LLC, Oakbrook Investments LLC and Glen Harbor Capital Management LLC. Company insiders that have bought J C Penney Company stock in the last two years include Marvin R Ellison and Ronald W Tysoe.

How do I buy J C Penney Company stock?

Shares of J C Penney Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of J C Penney Company stock cost?

One share of J C Penney Company stock can currently be purchased for approximately $5.52.

J C Penney Company (JCP) Chart for Thursday, April, 27, 2017

This page was last updated on 4/27/2017 by MarketBeat.com Staff