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

18 Wall Street equities 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 10 buy ratings for the stock. The consensus among Wall Street equities 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?

18 analysts have issued 1 year target prices for JPMorgan Chase & Co.'s shares. Their JPM share price targets range from $140.00 to $243.00. On average, they expect the company's stock price to reach $168.80 in the next twelve months. This suggests a possible upside of 6.5% from the stock's current price. View analysts price targets for JPM or view top-rated stocks among Wall Street analysts .

How have JPM shares performed in 2023?

JPMorgan Chase & Co.'s stock was trading at $134.10 at the beginning of the year. Since then, JPM shares have increased by 18.2% and is now trading at $158.52. View the best growth stocks for 2023 here .

Are investors shorting JPMorgan Chase & Co.?

JPMorgan Chase & Co. saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 17,180,000 shares, an increase of 6.0% from the October 31st total of 16,210,000 shares. Based on an average trading volume of 9,040,000 shares, the short-interest ratio is currently 1.9 days. Approximately 0.6% of the shares of the company 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, January 12th 2024. View our JPM earnings forecast .

How can I listen to JPMorgan Chase & Co.'s earnings call?

JPMorgan Chase & Co. will be holding an earnings conference call on Friday, January 12th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link .

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

JPMorgan Chase & Co. (NYSE:JPM) posted its quarterly earnings results on Friday, October, 13th. The financial services provider reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $3.95 by $0.38. The financial services provider had revenue of $40.69 billion for the quarter, compared to analyst estimates of $39.63 billion. JPMorgan Chase & Co. had a net margin of 22.79% and a trailing twelve-month return on equity of 17.97%. The business's revenue for the quarter was up 24.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.12 earnings per share. Read the conference call transcript .

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

JPMorgan Chase & Co. declared a quarterly dividend on Tuesday, September 19th. Shareholders of record on Friday, October 6th will be paid a dividend of $1.05 per share on Tuesday, October 31st. This represents a $4.20 annualized dividend and a yield of 2.65%. The ex-dividend date is Thursday, October 5th. This is an increase from the stock's previous quarterly dividend of $1.00. Read our dividend analysis for JPM .

Is JPMorgan Chase & Co. a good dividend stock?

JPMorgan Chase & Co. (NYSE:JPM) pays an annual dividend of $4.20 per share and currently has a dividend yield of 2.68%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JPM will have a dividend payout ratio of 27.08% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for JPM .

What ETFs hold JPMorgan Chase & Co.'s stock?

ETFs with the largest weight of JPMorgan Chase & Co. (NYSE:JPM) stock in their portfolio include iShares U.S. Financial Services ETF (IYG) , First Trust Nasdaq Bank ETF (FTXO) , Financial Select Sector SPDR Fund (XLF) , iShares U.S. Financials ETF (IYF) , Fidelity MSCI Financials Index ETF (FNCL) , Invesco KBW Bank ETF (KBWB) , Vanguard Financials ETF (VFH) and Direxion Daily Financial Bull 3X Shares (FAS) .

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 retail and institutional investors. Top institutional investors include Morgan Stanley (2.18%), FMR LLC (1.71%), Wellington Management Group LLP (1.47%), Northern Trust Corp (1.14%), Massachusetts Financial Services Co. MA (1.06%) and Bank of New York Mellon Corp (1.00%). Insiders that own company stock include Ashley Bacon , Chase & Co Jpmorgan, Daniel E Pinto , Douglas B Petno , Jennifer Piepszak , 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. 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). Read More

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

$158.52

+1.73 (+1.10%)

(As of 12/8/2023 ET)

Compare

Today's Range: $156.98
▼
$158.78
50-Day Range: $135.65
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$158.55
52-Week Range: $123.11
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$159.38

Volume: 7.37 million shs
Average Volume: 7.43 million shs
Market Capitalization: $458.28 billion

P/E Ratio: 9.46
Dividend Yield: 2.65%
Price Target: $168.80

JPMorgan Chase & Co. MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.56 Rating Score
Upside/Downside: 6.5% Upside
$168.80 Price Target
Short Interest: Healthy
0.60% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -1.00
Upright™ Environmental Score
News Sentiment: 0.58
Based on 32 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -6.68%
From $16.62 to $15.51 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Finance Sector

463rd out of 828 stocks

National Commercial Banks Industry

43rd out of 77 stocks

2.3

Analyst's Opinion

Consensus Rating
JPMorgan Chase & Co. has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 10 buy ratings, 8 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $168.80, JPMorgan Chase & Co. has a forecasted upside of 6.5% from its current price of $158.52.
Amount of Analyst Coverage
JPMorgan Chase & Co. has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
0.60% of the float of JPMorgan Chase & Co. has been sold short.
Short Interest Ratio / Days to Cover
JPMorgan Chase & Co. has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in JPMorgan Chase & Co. has recently increased by 5.98%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
JPMorgan Chase & Co. pays a meaningful dividend of 2.68%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
JPMorgan Chase & Co. has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of JPMorgan Chase & Co. is 25.07%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, JPMorgan Chase & Co. will have a dividend payout ratio of 27.08% next year. This indicates that JPMorgan Chase & Co. will be able to sustain or increase its dividend.

2.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
JPMorgan Chase & Co. has received a 2.64% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Fixed income funds", "Consumer savings accounts", "Consumer transaction accounts", "Credit cards", "Mortgages provided by brick and mortar banks", and "Leasing of passenger cars" products. See details.
Environmental Sustainability
The Environmental Impact score for JPMorgan Chase & Co. is -1.00.

2.0

News and Social Media Coverage

News Sentiment
JPMorgan Chase & Co. has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 32 news articles for JPMorgan Chase & Co. this week, compared to 35 articles on an average week.
Search Interest
Only 92 people have searched for JPM on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.
MarketBeat Follows
88 people have added JPMorgan Chase & Co. to their MarketBeat watchlist in the last 30 days. This is an increase of 31% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, JPMorgan Chase & Co. insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.79% of the stock of JPMorgan Chase & Co. is held by insiders.
Percentage Held by Institutions
68.94% of the stock of JPMorgan Chase & Co. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for JPMorgan Chase & Co. are expected to decrease by -6.68% in the coming year, from $16.62 to $15.51 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of JPMorgan Chase & Co. is 9.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of JPMorgan Chase & Co. is 9.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 35.53.
Price to Earnings Growth Ratio
JPMorgan Chase & Co. has a PEG Ratio of 1.89. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
JPMorgan Chase & Co. has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

JPM Stock News Headlines

December 9, 2023 | marketbeat.com

MarketBeat Week in Review – 12/4 - 12/8 (JPM)

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December 7, 2023 | marketbeat.com

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December 4, 2023 | marketbeat.com

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November 30, 2023 | marketbeat.com

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November 21, 2023 | marketbeat.com

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November 13, 2023 | marketbeat.com

SoFi earnings knocks it out of the park, buying opportunity? (JPM)

Fintech provider SoFi Technologies Inc. (NASDAQ: SOFI) knocked the ball out of the stadium with its Q3 2023 earnings report.

November 13, 2023 | marketbeat.com

Arm Holdings fails to pump on earnings but still flexes its IP (JPM)

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December 8, 2023 | finance.yahoo.com

JPMorgan Faces Hurdles in Bid to Form Private Credit Syndicate

December 8, 2023 | benzinga.com

JPMorgan Strategist Reveals 99% Of US Consumers To Face Worse Financial Crunch Than Pre-Pandemic Levels

December 7, 2023 | finance.yahoo.com

Chad Tredway Rejoins J.P. Morgan as Head of Real Estate Americas, J.P. Morgan Asset Management