NYSE:JPM

JPMorgan Chase & Co. - JPM Stock Forecast, Price & News

$118.39

+3.01 (+2.61%)

(As of 08/10/2022 12:00 AM ET)

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Today's Range: $117.50
▼
$119.37
50-Day Range: $108.00
▼
$132.00
52-Week Range: $106.06
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$172.96

Volume: 12.64 million shs
Average Volume: 15.05 million shs
Market Capitalization: $347.19 billion

P/E Ratio: 9.50
Dividend Yield: 3.47%
Price Target: $145.95

JPMorgan Chase & Co. MarketRank™ Forecast

Analyst Rating: Hold
2.47 Rating Score
Upside/Downside: 23.3% Upside
$145.95 Price Target
Short Interest: Healthy
0.57% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.30
Upright™ Environmental Score
News Sentiment: 0.20
Based on 28 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 14.09%
From $11.21 to $12.79 Per Share

Overall MarketRank^™

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

3.19 out of 5 stars

Finance Sector

25th out of 904 stocks

National Commercial Banks Industry

5th out of 86 stocks

3.2

Analyst's Opinion

Consensus Rating
JPMorgan Chase & Co. has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 9 buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $145.95, JPMorgan Chase & Co. has a forecasted upside of 23.3% from its current price of $118.39.
Amount of Analyst Coverage
JPMorgan Chase & Co. has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
0.57% 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 1.3, 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 decreased by 6.49%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
JPMorgan Chase & Co. pays a meaningful dividend of 3.47%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
JPMorgan Chase & Co. has been increasing its dividend for 11 years.
Dividend Coverage
The dividend payout ratio of JPMorgan Chase & Co. is 32.10%. 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 31.27% next year. This indicates that JPMorgan Chase & Co. will be able to sustain or increase its dividend.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
JPMorgan Chase & Co. has received a 26.55% net impact score from Upright. JPMorgan Chase seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Commercial deposit accounts", "Custodian banking services", "Mortgages", "Wire transfer services", and "Installment loans for corporations" products. See details.
Environmental Sustainability
The Environmental Impact score for JPMorgan Chase & Co. is -0.30.

3.4

News and Social Media Coverage

News Sentiment
JPMorgan Chase & Co. has a news sentiment score of 0.20. 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 is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 28 news articles for JPMorgan Chase & Co. this week, compared to 26 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 51 reddit mentions for JPMorgan Chase & Co. this week, compared to 30 mentions on an average week.
Search Interest
203 people have searched for JPM on MarketBeat in the last 30 days. This is an increase of 31% compared to the previous 30 days.
MarketBeat Follows
288 people have added JPMorgan Chase & Co. to their MarketBeat watchlist in the last 30 days. This is an increase of 284% 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
70.35% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for JPMorgan Chase & Co. are expected to grow by 14.09% in the coming year, from $11.21 to $12.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of JPMorgan Chase & Co. is 9.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.27.
Price to Earnings Ratio vs. Sector
The P/E ratio of JPMorgan Chase & Co. is 9.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 198.67.
Price to Earnings Growth Ratio
JPMorgan Chase & Co. has a PEG Ratio of 2.07. 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 1.35. 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. (NYSE:JPM) Stock

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers s deposit, investment and lending products, payments, and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, auto loan, and leasing services. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; payments and cross-border financing; and cash and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, payments, investment banking, and asset management to small business, large and midsized companies, local governments, and nonprofit clients; and commercial real estate banking services to investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, trusts and estates, loans, mortgages, deposits, and investment management products. The company also provides ATM, online and mobile, and telephone banking services. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

JPMorgan Chase & Co. Stock Performance

JPM opened at $118.39 on Thursday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.14. JPMorgan Chase & Co. has a 12-month low of $106.06 and a 12-month high of $172.96. The company has a market cap of $347.19 billion, a price-to-earnings ratio of 9.50, a PEG ratio of 2.07 and a beta of 1.12. The company's 50 day moving average is $116.31 and its 200 day moving average is $128.89.

JPMorgan Chase & Co. (NYSE:JPM - Get Rating) last issued its earnings results on Thursday, July 14th. The financial services provider reported $2.76 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.76. The firm had revenue of $30.72 billion during the quarter, compared to analyst estimates of $31.82 billion. JPMorgan Chase & Co. had a net margin of 30.41% and a return on equity of 15.29%. The business's revenue was up .8% on a year-over-year basis. During the same period in the previous year, the firm earned $3.78 earnings per share. On average, equities research analysts predict that JPMorgan Chase & Co. will post 11.21 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Sunday, July 31st. Stockholders of record on Wednesday, July 6th were issued a dividend of $1.00 per share. The ex-dividend date was Tuesday, July 5th. This represents a $4.00 annualized dividend and a dividend yield of 3.38%. JPMorgan Chase & Co.'s dividend payout ratio is presently 32.10%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on JPM. BMO Capital Markets boosted their price objective on shares of JPMorgan Chase & Co. from $150.00 to $156.00 in a research report on Tuesday, May 24th. Oppenheimer dropped their price objective on shares of JPMorgan Chase & Co. from $154.00 to $153.00 and set an "outperform" rating on the stock in a research note on Friday, July 15th. Credit Suisse Group set a $145.00 target price on JPMorgan Chase & Co. in a research note on Monday. Evercore ISI decreased their price objective on JPMorgan Chase & Co. from $135.00 to $125.00 in a research note on Friday, July 15th. Finally, Piper Sandler dropped their target price on JPMorgan Chase & Co. from $170.00 to $158.00 and set an "overweight" rating on the stock in a report on Friday, July 1st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $145.95.

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