About J C Penney (NYSE:JCP)
J. C. Penney Company, Inc. is a holding company. The Company's business consists of selling merchandise and services to consumers through its department stores and its Website at jcpenney.com. Its department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website. It fulfills 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. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney, home furnishings and appliances. In addition, its department stores provide its customers with services, such as styling salon, optical, portrait photography and custom decorating.
Industry, Sector and Symbol
Industry NONFOOD RETAIL/WH
Trailing P/E Ratio-8.21052631578947
Forward P/E Ratio19.50
Sales & Book Value
Annual Sales$12.51 billion
Price / Sales0.08
Cash Flow$2.05 per share
Price / Cash1.52
Book Value$4.43 per share
Price / Book0.70
Return on Equity5.65%
Return on Assets0.80%
J C Penney (NYSE:JCP) Frequently Asked Questions
What is J C Penney's stock symbol?
J C Penney trades on the New York Stock Exchange (NYSE) under the ticker symbol "JCP."
How were J C Penney's earnings last quarter?
J C Penney Company Inc (NYSE:JCP) issued its earnings results on Friday, March, 2nd. The department store operator reported $0.57 EPS for the quarter, beating the consensus estimate of $0.47 by $0.10. The department store operator had revenue of $4.03 billion for the quarter, compared to the consensus estimate of $4.04 billion. J C Penney had a positive return on equity of 5.65% and a negative net margin of 0.93%. The company's revenue was up 1.8% compared to the same quarter last year. During the same period last year, the business posted $0.64 EPS. View J C Penney's Earnings History.
When will J C Penney make its next earnings announcement?
What guidance has J C Penney issued on next quarter's earnings?
J C Penney issued an update on its FY19 earnings guidance on Friday, March, 2nd. The company provided EPS guidance of $0.05-0.25 for the period, compared to the Thomson Reuters consensus estimate of $0.23.
Where is J C Penney's stock going? Where will J C Penney's stock price be in 2018?
18 equities research analysts have issued 12 month price objectives for J C Penney's shares. Their forecasts range from $2.50 to $9.00. On average, they expect J C Penney's stock price to reach $4.20 in the next twelve months. View Analyst Ratings for J C Penney.
What are Wall Street analysts saying about J C Penney stock?
Here are some recent quotes from research analysts about J C Penney stock:
- 1. Guggenheim analysts commented, "We lower our FY18/19 ests. to reflect a more conservative view on op. margin improvement. JCP also announced strategic realignment/expense reduction actions (360 job cuts; JCP ests. ~$20-25mn annual cost savings). We remain NEUTRAL." (3/2/2018)
- 2. According to Zacks Investment Research, "Shares of J. C. Penney have underperformed the industry in the past three months, in spite of posting better-than-expected third-quarter fiscal 2017 results. Tough retail landscape, stiff online competition and waning mall traffic along with high debt level remain concerns. This is also evident from the trimmed forecast for the full year. Nevertheless, in an effort to lure customers and ramp up sales, management has introduced a new loyalty program. These along with remodeling, renovation and refurbishment of stores with special attention on enhancing the reach of national and especially private-label brands look promising. The big take away from the quarter was rise in comps that marked the best quarterly performance since fiscal 2016. Top line surpassed the estimate for the second successive quarter, while the bottom line beat the consensus mark after missing the same in the preceding quarter. Estimates have been stable lately." (12/26/2017)
- 3. Citigroup analysts commented, "gained traction in any cohesive way," and the likelihood of any improvements in an already difficult environment is unlikely.For the most part, the company's strategy of focusing on home goods and appliances for the past year and a half has boosted comps by 200 to 300 basis points, the analyst said. However, this also implies that the rest of the business has weakened over the same time period. Also, big-ticket appliance sales come with a weaker margins profile and also sends a mixed message to apparel, accessories and footwear consumers, which accounted for 80 percent of sales in 2016."Do women think of buying clothes at the same place they buy a fridge?" (10/30/2017)
Are investors shorting J C Penney?
J C Penney saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 106,153,647 shares, an increase of 0.7% from the February 15th total of 106,867,097 shares. Based on an average daily volume of 17,038,617 shares, the days-to-cover ratio is presently 6.2 days. Currently, 35.4% of the shares of the company are sold short.
Who are some of J C Penney's key competitors?
Some companies that are related to J C Penney include Travelport Worldwide (TVPT), At Home Group (HOME), DSW (DSW), Rush Enterprises (RUSHA), RH (RH), GameStop (GME), Abercrombie & Fitch (ANF), Group 1 Automotive (GPI), Asbury Automotive Group (ABG), GMS (GMS), BMC Stock (BMCH), Overstock.com (OSTK), Office Depot (ODP), Insight Enterprises (NSIT), Systemax (SYX), Chico's FAS (CHS), Conn's (CONN) and Buckle (BKE).
Who are J C Penney's key executives?
J C Penney's management team includes the folowing people:
- Marvin R. Ellison, Chairman of the Board, Chief Executive Officer (Age 52)
- Jeffrey Davis, Chief Financial Officer, Executive Vice President (Age 54)
- Therace M. Risch, Executive Vice President, Chief Information Officer (Age 44)
- Janet M. Link, Executive Vice President, General Counsel (Age 47)
- Brynn L. Evanson, Executive Vice President - Human Resources (Age 47)
- Michael Amend, Executive Vice President - Omnichannel (Age 39)
- Joseph Michael Mcfarland III, Executive Vice President - Stores (Age 47)
- Michael Robbins, Executive Vice President - Supply Chain (Age 51)
- Andrew S. Drexler, Senior Vice President, Chief Accounting Officer, Controller (Age 46)
- Ronald William Tysoe, Lead Independent Director (Age 64)
Has J C Penney been receiving favorable news coverage?
Media headlines about JCP stock have trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. J C Penney earned a media sentiment score of 0.12 on Accern's scale. They also gave news coverage about the department store operator an impact score of 44.94 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are J C Penney's major shareholders?
J C Penney's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.66%), Schwab Charles Investment Management Inc. (1.30%), Bank of New York Mellon Corp (1.13%), Hodges Capital Management Inc. (1.12%), OppenheimerFunds Inc. (0.85%) and Spark Investment Management LLC (0.81%). Company insiders that own J C Penney stock include Javier G Teruel, Jeffrey A Davis, John Joseph Tighe III, Marvin R Ellison, Paul J Brown and Ronald W Tysoe. View Institutional Ownership Trends for J C Penney.
Which major investors are selling J C Penney stock?
JCP stock was sold by a variety of institutional investors in the last quarter, including Teachers Advisors LLC, TIAA CREF Investment Management LLC, SG Americas Securities LLC, Gotham Asset Management LLC, Hodges Capital Management Inc., Patten & Patten Inc. TN, Envestnet Asset Management Inc. and First Dallas Securities Inc.. View Insider Buying and Selling for J C Penney.
Which major investors are buying J C Penney stock?
JCP stock was acquired by a variety of institutional investors in the last quarter, including Spark Investment Management LLC, Quantitative Investment Management LLC, 1060 Capital LLC, Two Sigma Investments LP, Aristotle Fund L.P., OppenheimerFunds Inc., Schwab Charles Investment Management Inc. and BlackRock Inc.. Company insiders that have bought J C Penney stock in the last two years include Javier G Teruel, Jeffrey A Davis, Marvin R Ellison, Paul J Brown and Ronald W Tysoe. View Insider Buying and Selling for J C Penney.
How do I buy shares of J C Penney?
Shares of JCP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is J C Penney's stock price today?
One share of JCP stock can currently be purchased for approximately $3.12.
How big of a company is J C Penney?
J C Penney has a market capitalization of $972.10 million and generates $12.51 billion in revenue each year. The department store operator earns $-116,000,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis. J C Penney employs 106,000 workers across the globe.
How can I contact J C Penney?
J C Penney's mailing address is 6501 LEGACY DRIVE, PLANO TX, 75024. The department store operator can be reached via phone at 972-431-1000 or via email at [email protected]
MarketBeat Community Rating for J C Penney (JCP)MarketBeat's community ratings are surveys of what our community members think about J C Penney and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
J C Penney (NYSE:JCP) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||1.89||1.88||1.89||2.15|
|Ratings Breakdown: ||2 Sell Rating(s)|
16 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
15 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
16 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
15 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$4.20||$4.38||$4.38||$5.77|
|Price Target Upside: ||34.50% upside||10.20% upside||23.82% upside||34.78% upside|
J C Penney (NYSE:JCP) Consensus Price Target History
J C Penney (NYSE:JCP) Analyst Ratings History
(Data available from 3/19/2016 forward)
J C Penney (NYSE:JCP) Earnings History and Estimates Chart
J C Penney (NYSE JCP) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|3/2/2018||Q4 2018||$0.47||$0.57||$4.04 billion||$4.03 billion||View||Listen|
|11/10/2017||Q3 2018||($0.43)||($0.33)||$2.77 billion||$2.81 billion||View||N/A|
|8/11/2017||Q2 2018||($0.06)||($0.09)||$2.84 billion||$2.96 billion||View||N/A|
|5/12/2017||Q1 17||($0.21)||$0.06||$2.78 billion||$2.71 billion||View||N/A|
|2/24/2017||Q416||$0.61||$0.64||$3.98 billion||$4.00 billion||View||N/A|
|11/11/2016||Q316||($0.21)||($0.21)||$2.95 billion||$2.86 billion||View||N/A|
|8/12/2016||Q216||($0.15)||($0.05)||$2.93 billion||$2.92 billion||View||Listen|
|5/13/2016||Q116||($0.38)||($0.32)||$2.92 billion||$2.81 billion||View||Listen|
|2/25/2016||Q415||$0.23||$0.39||$3.99 billion||$4.00 billion||View||N/A|
|11/13/2015||Q315||($0.55)||($0.47)||$2.88 billion||$2.90 billion||View||Listen|
|8/14/2015||Q215||($0.48)||($0.41)||$2.86 billion||$2.88 billion||View||Listen|
|5/13/2015||Q115||($0.79)||($0.57)||$2.86 billion||$2.86 billion||View||Listen|
|2/26/2015||Q414||$0.11||($0.19)||$4.71 billion||$3.89 billion||View||Listen|
|11/12/2014||Q314||($0.83)||($0.77)||$2.81 billion||$2.76 billion||View||Listen|
|8/14/2014||Q214||($0.98)||($0.75)||$2.78 billion||$2.80 billion||View||Listen|
|5/15/2014||Q1 2015||($1.27)||($1.16)||$2.72 billion||$2.80 billion||View||N/A|
|2/26/2014||Q413||($0.76)||($0.68)||$3.94 billion||$3.78 billion||View||Listen|
|11/20/2013||Q3||($1.72)||($1.81)||$2.80 billion||$2.78 billion||View||Listen|
|8/20/2013||Q2 2013||($1.06)||($1.17)||$2.76 billion||$2.66 billion||View||Listen|
|5/16/2013||Q1 2013||($0.86)||($1.31)||$2.72 billion||$2.64 billion||View||Listen|
|2/27/2013||Q4 2012||($0.17)||($1.95)||$4.08 billion||$3.88 billion||View||Listen|
|11/9/2012||Q312||$0.02||($0.93)||$3.29 billion||$2.93 billion||View||N/A|
J C Penney (NYSE:JCP) Earnings Estimates
2018 EPS Consensus Estimate: $0.07
2019 EPS Consensus Estimate: $0.11
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for J C Penney (NYSE:JCP)
No dividend announcements for this company have been tracked by MarketBeat.com
J C Penney (NYSE JCP) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.02%
Institutional Ownership Percentage: 78.92%
J C Penney (NYSE JCP) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|8/22/2017||Javier G Teruel||Director||Buy||135,135||$3.64||$491,891.40||518,970|| |
|8/22/2017||Jeffrey A Davis||CFO||Buy||50,000||$3.62||$181,000.00||72,645|| |
|8/21/2017||Paul J Brown||Director||Buy||25,000||$3.62||$90,500.00||68,123|| |
|8/18/2017||Marvin R Ellison||Chairman||Buy||100,000||$3.48||$348,000.00||2,852,280|| |
|11/18/2016||John Joseph Tighe III||EVP||Sell||38,756||$9.33||$361,593.48|| |
|8/25/2016||Marvin R Ellison||Chairman||Buy||50,000||$9.92||$496,000.00||2,557,317|| |
|5/17/2016||Ronald W Tysoe||Director||Buy||25,000||$7.24||$181,000.00||68,469|| |
|3/9/2016||Marvin R Ellison||CEO||Buy||50,000||$11.80||$590,000.00||2,507,317|| |
|5/15/2015||Brynn Evanson||EVP||Sell||6,761||$8.45||$57,130.45|| |
|11/19/2014||Javier G Teruel||Director||Buy||100,000||$7.28||$728,000.00|| |
|11/22/2013||Myron Ullman III||CEO||Buy||112,000||$8.95||$1,002,400.00||112,000|| |
|11/16/2012||Javier G Teruel||Director||Buy||126,000||$15.98||$2,013,480.00|| |
|8/28/2012||Geraldine B Laybourne||Director||Buy||1,289||$24.82||$31,992.98|| |
|8/21/2012||Geraldine B Laybourne||Director||Buy||1,433||$24.39||$34,950.87|| |
|8/16/2012||Michael W Kramer||COO||Buy||4,400||$23.74||$104,456.00|| |
|8/14/2012||Geraldine B Laybourne||Director||Buy||1,432||$23.28||$33,336.96|| |
J C Penney (NYSE JCP) News Headlines
J C Penney (NYSE:JCP) SEC Filings
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J C Penney (NYSE:JCP) Income Statement, Balance Sheet and Cash Flow Statement
J C Penney (NYSE JCP) Stock Chart for Monday, March, 19, 2018