J C Penney Company Company Profile (NYSE:JCP)

About J C Penney Company

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: $6.64
  • 50 Day Moving Average: $6.90
  • 200 Day Moving Average: $8.72
  • 52-Week Range: $6.18 - $11.99
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.49
  • P/E Growth: -0.44
  • Market Cap: $2.05B
  • Outstanding Shares: 308,299,000
  • 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%
Additional Links:
Companies Related to J C Penney Company:

Analyst Ratings

Consensus Ratings for J C Penney Company (NYSE:JCP) (?)
Ratings Breakdown: 2 Sell Ratings, 12 Hold Ratings, 9 Buy Ratings
Consensus Rating:Hold (Score: 2.30)
Consensus Price Target: $9.06 (36.38% upside)

Analysts' Ratings History for J C Penney Company (NYSE:JCP)
Show:
DateFirmActionRatingPrice TargetDetails
2/28/2017Piper Jaffray CompaniesReiterated RatingHold$7.00View Rating Details
2/27/2017Robert W. BairdSet Price TargetBuy$9.00View Rating Details
2/27/2017BMO Capital MarketsReiterated RatingMarket Perform$8.00View Rating Details
2/27/2017Cowen and CompanyLower Price TargetMarket Perform$10.00 -> $8.00View Rating Details
2/27/2017B. RileyDowngradeBuy -> Neutral$12.00 -> $7.50View Rating Details
2/25/2017Jefferies Group LLCSet Price TargetHold$7.00View Rating Details
2/13/2017Morgan StanleyUpgradeUnderweight -> Equal Weight$7.00View Rating Details
2/10/2017Susquehanna Bancshares IncInitiated CoveragePositive$8.50 -> $8.50View Rating Details
1/18/2017Credit Suisse GroupDowngradeNeutral -> Underperform$6.86 -> $7.00View Rating Details
1/12/2017Deutsche Bank AGReiterated RatingBuy$11.00 -> $10.00View Rating Details
1/9/2017Telsey Advisory GroupLower Price TargetOutperform$13.00 -> $11.00View Rating Details
12/6/2016ArgusReiterated RatingHoldView Rating Details
12/2/2016Bank of America CorpUpgradeNeutral -> Buy$9.53 -> $12.00View Rating Details
9/30/2016GuggenheimInitiated CoverageNeutralView Rating Details
5/23/2016Miller TabakLower Price TargetBuy$17.00 -> $13.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
5/17/2016Goldman Sachs Group, Inc. (The)Reiterated RatingSellView Rating Details
5/16/2016Citigroup Inc.Lower Price TargetNeutral$9.00 -> $8.00View Rating Details
5/6/2016J P Morgan Chase & CoLower Price TargetNeutral$10.00 -> $7.00View Rating Details
4/4/2016Northcoast ResearchUpgradeNeutral -> BuyView Rating Details
3/3/2016Evercore ISIUpgradeHold -> Buy$8.00 -> $15.00View Rating Details
3/2/2016Oppenheimer Holdings, Inc.Reiterated RatingHoldView Rating Details
2/29/2016NomuraLower Price TargetNeutral$10.00 -> $9.00View Rating Details
2/26/2016Craig HallumUpgradeSell -> HoldView Rating Details
1/25/2016OTR GlobalUpgradeNeutralView Rating Details
1/8/2016S&P Equity ResearchUpgradeHold -> BuyView Rating Details
11/20/2015Buckingham ResearchReiterated RatingBuy$12.00View Rating Details
9/17/2015MKM PartnersInitiated CoverageBuyView Rating Details
8/27/2015Imperial CapitalBoost Price TargetUnderperform$3.00 -> $5.00View Rating Details
(Data available from 2/28/2015 forward)

Earnings

Earnings History 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
2/26/2016Q415$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($0.77)($0.57)$2.86 billion$2.86 billionViewListenView Earnings Details
2/26/2015Q414$0.74($0.19)$4.71 billion$3.89 billionViewListenView Earnings Details
11/12/2014Q314($0.79)($0.77)$2.81 billion$2.76 billionViewListenView Earnings Details
8/14/2014Q214($0.94)($0.56)$2.78 billion$2.80 billionViewListenView Earnings Details
5/15/2014Q114($1.25)($1.15)$2.71 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)
Current Year EPS Consensus Estimate: $0.53 EPS
Next Year EPS Consensus Estimate: $0.70 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.19$0.19$0.19
Q2 20163($0.52)($0.36)($0.43)
Q3 20163($0.28)($0.11)($0.17)
Q4 20163($0.41)($0.12)($0.24)
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($0.20)($0.11)($0.17)
Q2 20182$0.07$0.08$0.08
Q3 20183($0.09)($0.05)($0.06)
Q4 20185$0.40$0.93$0.69
(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 History for J C Penney Company (NYSE:JCP)
Insider Ownership Percentage: 1.28%
Institutional Ownership Percentage: 85.70%
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

Latest Headlines for J C Penney Company (NYSE:JCP)
DateHeadline
News IconEPS of JC Penney Company Inc. Registered at $0.0032 (NYSE:JCP)
oakridgeobserver.com - February 27 at 6:34 PM
News IconJC Penney Company Inc (JCP) Updates FY18 Earnings Guidance (NYSE:JCP)
eleganthomesinla.com - February 27 at 6:34 PM
us.rd.yahoo.com logoImplied Volatility Surging for J. C. Penney (JCP) Stock Options (NYSE:JCP)
us.rd.yahoo.com - February 27 at 6:34 PM
us.rd.yahoo.com logoJC Penney (JCP) Tops Q4 Earnings, Unveils Strategic Plans (NYSE:JCP)
us.rd.yahoo.com - February 27 at 6:34 PM
us.rd.yahoo.com logoJC Penney: Why You Shouldn't Cut a Stock After 6% Drop (NYSE:JCP)
us.rd.yahoo.com - February 27 at 6:34 PM
us.rd.yahoo.com logoMoody's: J.C. Penney Announces Plan to Close 130-140 Stores with Exact Locations Forthcoming (NYSE:JCP)
us.rd.yahoo.com - February 27 at 6:34 PM
bizjournals.com logoJ.C. Penney has five initiatives to increase in-store sales, profits (NYSE:JCP)
us.rd.yahoo.com - February 27 at 6:34 PM
us.rd.yahoo.com logoHow J.C. Penney Can Fix Its Stores (NYSE:JCP)
us.rd.yahoo.com - February 27 at 6:33 PM
us.rd.yahoo.com logoOptions Insight: How to Trade J.C. Penney (NYSE:JCP)
us.rd.yahoo.com - February 27 at 6:33 PM
investorplace.com logoMonday’s Vital Data: Apple Inc. (AAPL), Amazon.com, Inc. (AMZN) and J C Penney Company Inc (JCP) (NYSE:JCP)
investorplace.com - February 27 at 9:55 AM
News IconTop Analyst Upgrades and Downgrades: Aflac, Carnival, JC Penney, Sunoco, Under Armour and Many More (NYSE:JCP)
feedproxy.google.com - February 27 at 9:03 AM
News IconJ C Penney Company Inc (JCP) Shares Tumble Despite A Profitable Year (NYSE:JCP)
simplywall.st - February 26 at 5:22 PM
News IconJ.C. Penney announces closures (NYSE:JCP)
www.indexjournal.com - February 26 at 5:22 PM
News IconJ.C. Penney to close 130 to 140 stores; no word on whether Arkansas stores affected (NYSE:JCP)
www.arkansasonline.com - February 26 at 5:22 PM
News IconJCPenney to close more than 100 stores - WatertownDailyTimes.com (NYSE:JCP)
www.watertowndailytimes.com - February 26 at 8:22 AM
seekingalpha.com logoJC Penney: A Buy Or A Sell After Friday's Drop? - Seeking Alpha (NYSE:JCP)
seekingalpha.com - February 26 at 4:01 AM
News IconTrader Alert: Unusual Volume Spotted in JC Penney Company, Inc. (NYSE:JCP) (NYSE:JCP)
hoyentv.com - February 25 at 10:48 PM
News IconJC Penney to close as many as 140 stores (NYSE:JCP)
prensariotiretail.com - February 25 at 10:48 PM
News IconJ.C. Penny Selling Buena Park Distribution Center, Plans To Close 130-Plus Stores (NYSE:JCP)
patch.com - February 25 at 10:48 PM
reuters.com logoBRIEF-J C Penney says to close 130-140 stores over next few months (NYSE:JCP)
www.reuters.com - February 25 at 10:48 PM
News IconJ C Penney Company Inc (NYSE:JCP) Share Price Target Reduced To $7.50 (NYSE:JCP)
stockmarketdaily.co - February 25 at 10:48 PM
us.rd.yahoo.com logoEdited Transcript of JCP earnings conference call or presentation 24-Feb-17 1:30pm GMT (NYSE:JCP)
us.rd.yahoo.com - February 25 at 10:48 PM
us.rd.yahoo.com logo7:00 am J. C. Penney expects to close two distribution facilities and approx. 130-140 stores over the next few months; expects annual cost savings of approx. $200 mln related to the closures (NYSE:JCP)
us.rd.yahoo.com - February 25 at 10:48 PM
bizjournals.com logoCould J.C. Penney at Aventura Mall be among 140 stores closing? (NYSE:JCP)
us.rd.yahoo.com - February 25 at 10:48 PM
News IconAnalytical Guide for JC Penney Company, Inc. (JCP), Intersil Corporation (ISIL) Stakeholders - The USA Commerce (NYSE:JCP)
www.theusacommerce.com - February 25 at 5:47 PM
News IconJC Penney shares drop after retailer says it will close up to 140 stores - Minneapolis Star Tribune (NYSE:JCP)
www.startribune.com - February 25 at 4:12 PM
globenewswire.com logoJCPENNEY REPORTS POSITIVE NET INCOME FOR FISCAL 2016; A $514 MILLION INCREASE COMPARED TO THE ... - GlobeNewswire (press release) (NYSE:JCP)
globenewswire.com - February 25 at 8:36 AM
News IconJCPenney To Close up to 140 Stores in Next Few Months - CoStar Group (NYSE:JCP)
www.costar.com - February 25 at 8:36 AM
marketwatch.com logoJC Penney to close 130 to 140 stores, sales dip - MarketWatch (NYSE:JCP)
www.marketwatch.com - February 25 at 5:52 AM
News IconJC Penney to shut 130-plus stores, offer early retirements - Business Insider (NYSE:JCP)
www.businessinsider.com - February 25 at 1:21 AM
News IconLooking at the Tea Leaves for JC Penney Company, Inc. (JCP) - The USA Commerce (NYSE:JCP)
www.theusacommerce.com - February 25 at 12:20 AM
streetinsider.com logoJC Penny (JCP) February weekly volatility at 214 into Q4 - StreetInsider.com (NYSE:JCP)
www.streetinsider.com - February 25 at 12:20 AM
News IconJC Penney to close 13 to 14 percent of stores - WDBJ7 (NYSE:JCP)
www.wdbj7.com - February 25 at 12:20 AM
News IconJCPenney manager confident local store will stay open - San Angelo Standard Times (NYSE:JCP)
www.gosanangelo.com - February 25 at 12:20 AM
benzinga.com logoRetailers' Earnings On Parade: How Do Nordstrom, JCPenney Stack Up? - Benzinga (NYSE:JCP)
www.benzinga.com - February 25 at 12:20 AM
investorplace.com logoJC Penney Company Inc (JCP) Announces Closing of 130 Stores or More - Investorplace.com (NYSE:JCP)
investorplace.com - February 25 at 12:20 AM
News IconJC Penney to close up to 140 stores, offer buyouts - Detroit Free Press (NYSE:JCP)
www.freep.com - February 24 at 10:27 PM
News IconJ.C. Penney to close 130-140 stores in 2017 (NYSE:JCP)
www.upi.com - February 24 at 8:57 PM
News IconJC Penney To Shut 130-Plus Stores, Offer Early Retirements - CBS Local (NYSE:JCP)
losangeles.cbslocal.com - February 24 at 8:38 PM
4-traders.com logoJ C Penney : JCPenney manager confident local store will stay open (NYSE:JCP)
www.4-traders.com - February 24 at 7:18 PM
smarteranalyst.com logoJC Penney Company Inc (JCP) Continues To Struggle (NYSE:JCP)
www.smarteranalyst.com - February 24 at 7:18 PM
rttnews.com logoJ.C. Penney Q4 Profit Beats View; To Close Up To 140 Stores (NYSE:JCP)
www.rttnews.com - February 24 at 7:18 PM
finance.yahoo.com logoJ.C. Penney Company, Inc. Earnings: A Return to Profitability (Sort Of) (NYSE:JCP)
finance.yahoo.com - February 24 at 7:18 PM
bizjournals.com logoJ.C. Penney to shutter up to 140 stores and Lakeland distribution center, cut 6,000 jobs (NYSE:JCP)
us.rd.yahoo.com - February 24 at 7:18 PM
bizjournals.com logoJCPenney's 140 store closings probably will hit KC area (NYSE:JCP)
us.rd.yahoo.com - February 24 at 7:18 PM
bizjournals.com logoJ.C. Penney closing up to 140 stores, but Austin impact unclear (NYSE:JCP)
us.rd.yahoo.com - February 24 at 7:18 PM
finance.yahoo.com logoJ. C. Penney to shut up to 140 US stores (NYSE:JCP)
au.finance.yahoo.com - February 24 at 7:18 PM
forbes.com logoA Strategic Mistake That Still Haunts JC Penney (NYSE:JCP)
www.forbes.com - February 24 at 7:07 PM
fool.com logoJC Penney Company, Inc. Earnings: A Return to Profitability (Sort Of) - Motley Fool (NYSE:JCP)
www.fool.com - February 24 at 5:45 PM
feeds.benzinga.com logoJCPenney's CEO Talks Meeting With Trump, Store Closures (NYSE:JCP)
feeds.benzinga.com - February 24 at 4:20 PM

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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."

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

23 analysts have issued 12 month price targets for J C Penney Company's stock. Their forecasts range from $7.00 to $15.00. On average, they expect J C Penney Company's stock price to reach $9.06 in the next year.

When will J C Penney Company announce their earnings?

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

What are analysts saying about J C Penney Company stock?

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

  • 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)
  • 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)

  • Morgan Stanley analysts commented, "We hosted investor meetings with Marvin Ellison, CEO; Ed Record, EVP CFO; Mike Robbins, EVP Supply Chain; John Tighe, EVP Chief Merchant; and Trent Kruse, Investor Relations at J.C. Penny’s headquarters in Dallas, TX, as well as a tour of the JCP Stonebriar Centre store. Multiple levers to achieve L-T financial targets: Management’s key message stressed it has a variety pathways to achieve its 2016 and 2017 $1B and $1.2B+ EBITDA goals, even if comps decelerate to +2% (vs. 2015+4.5% and 2016 +3-4% guidance). This reflects ~150-175 bps potential GM upside (vs. 2015 36% GM) and further opportunity to reduce SG&A, although we expect the pace of future expense cuts to moderate (please see details below). Near-term, based on our store checks and department store tracker department store tracker, 1Q likely started off strong but decelerated in March across the industry (Feb +0.4% vs. March -1.9% y/y estimate). Moreover, we think 1H sales growth may be slower vs. 2H16, as management sees more back-half weighted top-line catalysts, such as a greater number of Sephora openings (~30 in late 1Q16 and ~30 in June 2016) and completed center core remodels (~350 by the end of 2Q16 vs. ~75 today)." (4/13/2016)

Who owns J C Penney Company stock?

J C Penney Company's stock is owned by many different of retail and institutional investors. Top institutional investors include Appaloosa LP (1.65%), Systematic Financial Management LP (1.42%), Friess Associates LLC (0.47%), Prudential PLC (0.20%), 1060 Capital LLC (0.15%) and United Capital Financial Advisers LLC (0.12%). 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 Systematic Financial Management LP, Tudor Investment Corp Et Al, Janus Capital Management LLC and Metropolitan Life Insurance Co. NY.

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

J C Penney Company's stock was acquired by a variety of institutional investors in the last quarter, including Appaloosa LP, Friess Associates LLC, 1060 Capital LLC, United Capital Financial Advisers LLC, Numeric Investors LLC, Prudential PLC, Blenheim Capital Management BV and Cascade Investment Advisors Inc.. 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 $6.64.

J C Penney Company (NYSE:JCP) Chart for Tuesday, February, 28, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for J C Penney Company (NYSE:JCP)

Earnings History Chart

Earnings by Quarter for J C Penney Company (NYSE:JCP)

Dividend History Chart

Dividend Payments by Quarter for J C Penney Company (NYSE:JCP)

Last Updated on 2/28/2017 by MarketBeat.com Staff