NYSE:JCPJ C Penney Stock Price, Forecast & News

J C Penney's stock was trading at $0.5001 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, JCP shares have decreased by 63.6% and is now trading at $0.1819. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for J C Penney in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for J C Penney.

J C Penney is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for J C Penney.

J C Penney Company Inc (NYSE:JCP) announced its earnings results on Thursday, February, 27th. The department store operator reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.19. The department store operator earned $3.49 billion during the quarter, compared to the consensus estimate of $3.44 billion. J C Penney had a negative return on equity of 27.83% and a negative net margin of 2.40%. During the same quarter in the prior year, the firm posted $0.18 earnings per share. View J C Penney's earnings history.

2 analysts have issued 12-month target prices for J C Penney's shares. Their forecasts range from $1.00 to $1.00. On average, they anticipate J C Penney's stock price to reach $1.00 in the next year. This suggests a possible upside of 449.8% from the stock's current price. View analysts' price targets for J C Penney.

Media stories about JCP stock have been trending very negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. J C Penney earned a news impact score of -3.0 on InfoTrie's scale. They also gave news coverage about the department store operator a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news aboutJ C Penney.

J C Penney saw a decrease in short interest in May. As of May 15th, there was short interest totaling 91,290,000 shares, a decrease of 20.0% from the April 30th total of 114,180,000 shares. Based on an average trading volume of 12,590,000 shares, the days-to-cover ratio is currently 7.3 days. Currently, 30.4% of the shares of the company are sold short. View J C Penney's Current Options Chain.

Some companies that are related to J C Penney include Myer (MYR), McColl's Retail Group (MCLS), Aumake International (AU8), Laura Ashley (ALY), FAMILYMART UNY/ADR (FYRTY), HARVEY NORMAN H/ADR (HNORY), Hudson's Bay (HBAYF), LIVEPOL/BRSH MXN (ELPQF), Lojas Renner (LRENY), Sears Canada (SRSCQ), Seven & i (RYKKY), SHOPRITE HOLDIN/S (SRGHY) and SUN ART RETAIL/ADR (SURRY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other J C Penney investors own include Ford Motor (F), Bank of America (BAC), General Electric (GE), Hovnanian Enterprises (HOV), Tesla (TSLA), Alibaba Group (BABA), Citigroup (C), Twitter (TWTR), Intel (INTC) and Micron Technology (MU).

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

J C Penney's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.88%), State Street Corp (3.13%), Invesco Ltd. (2.81%), Harbor Spring Capital LLC (2.61%), Geode Capital Management LLC (1.35%) and Bank of New York Mellon Corp (1.06%). Company insiders that own J C Penney stock include Javier G Teruel, Lisa A Payne, Michelle Wlazlo and Ronald W Tysoe. View institutional ownership trends for J C Penney.

JCP stock was sold by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, Morgan Stanley, Bank of New York Mellon Corp, Arizona State Retirement System, Alliancebernstein L.P., Principal Financial Group Inc., and Canada Pension Plan Investment Board. View insider buying and selling activity for J C Penney.

JCP stock was purchased by a variety of institutional investors in the last quarter, including Harbor Spring Capital LLC, Invesco Ltd., SG Americas Securities LLC, State Street Corp, CSat Investment Advisory L.P., Wells Fargo & Company MN, Geode Capital Management LLC, and BNP Paribas Arbitrage SA. Company insiders that have bought J C Penney stock in the last two years include Javier G Teruel, Lisa A Payne, Michelle Wlazlo, and Ronald W Tysoe. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of JCP stock can currently be purchased for approximately $0.18.

J C Penney has a market capitalization of $58.39 million and generates $11.17 billion in revenue each year. The department store operator earns $-268,000,000.00 in net income (profit) each year or ($0.80) on an earnings per share basis. J C Penney employs 90,000 workers across the globe.

The official website for J C Penney is www.jcpenney.com.

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]