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JPMorgan Chase & Co. (JPM) Stock Price, News & Analysis

$199.58
+4.00 (+2.05%)
(As of 05/21/2024 ET)
Today's Range
$196.60
$199.90
50-Day Range
$179.96
$204.79
52-Week Range
$134.40
$205.88
Volume
14.42 million shs
Average Volume
9.32 million shs
Market Capitalization
$573.13 billion
P/E Ratio
12.05
Dividend Yield
2.30%
Price Target
$192.65

JPMorgan Chase & Co. MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
2.7% Downside
$194.10 Price Target
Short Interest
Healthy
0.74% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.78
Upright™ Environmental Score
News Sentiment
0.50mentions of JPMorgan Chase & Co. in the last 14 days
Based on 80 Articles This Week
Insider Trading
Selling Shares
$198.70 M Sold Last Quarter
Proj. Earnings Growth
0.06%
From $16.22 to $16.23 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.33 out of 5 stars

Finance Sector

181st out of 819 stocks

National Commercial Banks Industry

30th out of 74 stocks

JPM stock logo

About JPMorgan Chase & Co. Stock (NYSE:JPM)

JPMorgan Chase & Co. is the 5th largest bank in the world and the largest in the U.S. The current company is the result of a series of mergers that began in the earliest days of American banking history and include more than 1,200 original banks. The oldest predecessor is The Bank Of The Manhattan Company which was founded in 1799 by Aaron Burr. At the time, The Bank Of The Manhattan Company was the 3rd oldest bank in the U.S. and the 31st oldest in the world. The Chase Manhattan Bank, a precursor to JPMorgan Chase, was later formed when The Bank Of Manhattan Company purchased Chase Bank which was established in 1877.

JPMorgan & Co came to life in 1895 in order to finance the United States Steel Corporation. Itself a result of merger, the company also financed other early American businesses as well as aided the federal government by backing a bond offering. It wasn’t until the year 2000 and after several more mergers that JPMorgan Chase & Co was born. It will be four more years before the merger with Bank One which is notable because it brings CEO Jamie Dimon into the picture.

JPMorgan Chase & Co was instrumental in aiding the US government during the 2008 financial crisis. It backed the accounts of several major banks including Bear Stearns and eventually took over their operations. Today, JPMorgan Chase & Co operates as a financial services company worldwide with operations on every continent and in more than 60 countries.

JPMorgan Chase & Co operates through four segments that are Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). Services are available in branches in 48 of the 50 US states and around the world. Services are available via ATM, online, mobile, and telephone.

The CCB segment offers traditional banking services to consumers that include but are not limited to deposits, loans, mortgages, and lines of credit. The CIB segment provides investment banking products and services to businesses, institutions, and governments that range from prime brokerage, insurance, corporate strategy, and access to capital markets, to lending, cross-border financing, and derivative instruments. The CB segment provides financial services for small, medium, and large businesses including commercial real estate banking of all types.

The AWM segment provides investment management solutions to institutional and retail investors. This segment also provides retirement products, brokerage, trusts and estates, and investment management products.

JPM Stock Price History

JPM Stock News Headlines

Morgan Stanley Drives Growth Powered by Investment Management (JPM)
Morgan Stanley posted blowout Q1 2024 earnings with all its major segments showing robust growth, most notably investment management with revenues of 6.8% YoY.
Are US interest rates high enough to beat inflation? The Fed will take its time to find out
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year
3 Automotive Parts Makers Growing at Double-Digit Rates (JPM)
With the automotive industry looking to make a comeback this year, three OEM stocks lead the way to deliver double-digit EPS growth and upside.
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JPMorgan Chase Declares Common Stock Dividend
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
4/04/2024
Last Earnings
4/12/2024
Dividend Payable
4/30/2024
Today
5/21/2024
Next Earnings (Estimated)
7/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Other Diversified Financial Services
CUSIP
46625H10
Employees
309,926
Year Founded
2000

Price Target and Rating

Average Stock Price Target
$194.10
High Stock Price Target
$228.00
Low Stock Price Target
$140.00
Potential Upside/Downside
-3.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
21 Analysts

Profitability

Net Income
$49.55 billion
Pretax Margin
25.07%

Debt

Sales & Book Value

Annual Sales
$158.51 billion
Cash Flow
$19.90 per share
Book Value
$104.45 per share

Miscellaneous

Outstanding Shares
2,871,668,000
Free Float
2,848,982,000
Market Cap
$573.13 billion
Optionable
Optionable
Beta
1.13

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JPM Stock Analysis - Frequently Asked Questions

Should I buy or sell JPMorgan Chase & Co. stock right now?

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for JPMorgan Chase & Co. in the last twelve months. There are currently 8 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" JPM shares.
View JPM analyst ratings
or view top-rated stocks.

What is JPMorgan Chase & Co.'s stock price target for 2024?

21 equities research analysts have issued 1-year price targets for JPMorgan Chase & Co.'s stock. Their JPM share price targets range from $140.00 to $228.00. On average, they predict the company's stock price to reach $194.10 in the next year. This suggests that the stock has a possible downside of 2.7%.
View analysts price targets for JPM
or view top-rated stocks among Wall Street analysts.

How have JPM shares performed in 2024?

JPMorgan Chase & Co.'s stock was trading at $170.10 at the beginning of the year. Since then, JPM stock has increased by 17.3% and is now trading at $199.52.
View the best growth stocks for 2024 here
.

Are investors shorting JPMorgan Chase & Co.?

JPMorgan Chase & Co. saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 21,150,000 shares, an increase of 6.3% from the April 15th total of 19,890,000 shares. Based on an average daily trading volume, of 8,730,000 shares, the short-interest ratio is presently 2.4 days. Approximately 0.7% of the company's shares are sold short.
View JPMorgan Chase & Co.'s Short Interest
.

When is JPMorgan Chase & Co.'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 12th 2024.
View our JPM earnings forecast
.

How were JPMorgan Chase & Co.'s earnings last quarter?

JPMorgan Chase & Co. (NYSE:JPM) posted its earnings results on Friday, April, 12th. The financial services provider reported $4.63 EPS for the quarter, topping analysts' consensus estimates of $4.18 by $0.45. The financial services provider earned $41.93 billion during the quarter, compared to the consensus estimate of $40.90 billion. JPMorgan Chase & Co. had a trailing twelve-month return on equity of 17.79% and a net margin of 20.05%.

How often does JPMorgan Chase & Co. pay dividends? What is the dividend yield for JPMorgan Chase & Co.?

JPMorgan Chase & Co. announced a quarterly dividend on Monday, May 20th. Investors of record on Friday, July 5th will be paid a dividend of $1.15 per share on Wednesday, July 31st. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.31%.
Read our dividend analysis for JPM
.

Is JPMorgan Chase & Co. a good dividend stock?

JPMorgan Chase & Co. (NYSE:JPM) pays an annual dividend of $4.60 per share and currently has a dividend yield of 2.27%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JPM will have a dividend payout ratio of 28.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for JPM.

What is Jamie Dimon's approval rating as JPMorgan Chase & Co.'s CEO?

10,337 employees have rated JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon on Glassdoor.com. Jamie Dimon has an approval rating of 93% among the company's employees. This puts Jamie Dimon in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of JPMorgan Chase & Co. own?

Based on aggregate information from My MarketBeat watchlists, some companies that other JPMorgan Chase & Co. investors own include Bank of America (BAC), AT&T (T), Intel (INTC), Walt Disney (DIS), NVIDIA (NVDA), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Alibaba Group (BABA), Citigroup (C) and Verizon Communications (VZ).

Who are JPMorgan Chase & Co.'s major shareholders?

JPMorgan Chase & Co.'s stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.44%), Capital International Investors (1.47%), Capital World Investors (1.20%), Price T Rowe Associates Inc. MD (1.10%), Bank of New York Mellon Corp (0.97%) and Capital Research Global Investors (0.60%). Insiders that own company stock include Ashley Bacon, Chase & Co Jpmorgan, Daniel E Pinto, Douglas B Petno, Elena A Korablina, James Dimon, Jennifer Piepszak, Lori A Beer, Marianne Lake, Mary E Erdoes, Mellody L Hobson, Peter Scher, Robin Leopold and Stacey Friedman.
View institutional ownership trends
.

How do I buy shares of JPMorgan Chase & Co.?

Shares of JPM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does JPMorgan Chase & Co. have any subsidiaries?
The following companies are subsidiares of JPMorgan Chase & Co.: Bank One, Bear Stearns, Collegiate Funding Services, Frank Financial Aid, Frosch Travel Group, Global Shares, Hambrecht & Quist, InstaMed, J.P. Morgan AG, J.P. Morgan Bank Luxembourg S.A., J.P. Morgan Broker-Dealer Holdings Inc., J.P. Morgan Capital Holdings Limited, J.P. Morgan Cazenove, J.P. Morgan International Finance Limited, J.P. Morgan Investment Management Inc., J.P. Morgan Securities LLC, J.P. Morgan Securities PLC, J.P. Morgan Services India Private Limited, JPMorgan Asset Management (Europe) S.à r.l., JPMorgan Asset Management (UK) Limited, JPMorgan Asset Management Holdings (Luxembourg) S.à r.l., JPMorgan Asset Management Holdings Inc., JPMorgan Asset Management International Limited, JPMorgan Chase Bank National Association, JPMorgan Chase Holdings LLC, JPMorgan Distribution Services Inc., JPMorgan Securities Japan Co. Ltd., Neovest Holdings, One Equity Partners, Paymentech LLC, The Infatuation, Washington Mutual Bank, WePay, Xign Corporation, Xspand, and cxLoyalty Group (Global Loyalty Business).
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This page (NYSE:JPM) was last updated on 5/21/2024 by MarketBeat.com Staff

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