NYSE:JPM

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

$139.16

-1.31 (-0.93%)

(As of 06/5/2023 ET)

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Today's Range: $138.13
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$140.30
50-Day Range: $127.47
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$141.40
52-Week Range: $101.28
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$144.34

Volume: 9.54 million shs
Average Volume: 12.73 million shs
Market Capitalization: $406.67 billion

P/E Ratio: 10.27
Dividend Yield: 2.87%
Price Target: $157.65

JPMorgan Chase & Co. MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.71 Rating Score
Upside/Downside: 13.3% Upside
$157.65 Price Target
Short Interest: Healthy
0.60% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.77
Upright™ Environmental Score
News Sentiment: 0.33
Based on 37 Articles This Week
Insider Trading: Selling Shares
$18.54 M Sold Last Quarter
Proj. Earnings Growth: -3.01%
From $14.29 to $13.86 Per Share

Overall MarketRank^™

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

2.64 out of 5 stars

Finance Sector

305th out of 849 stocks

National Commercial Banks Industry

46th out of 82 stocks

3.4

Analyst's Opinion

Consensus Rating
JPMorgan Chase & Co. has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 12 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $157.65, JPMorgan Chase & Co. has a forecasted upside of 13.3% from its current price of $139.16.
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
0.60% 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 1.2, 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 7.55%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
JPMorgan Chase & Co. pays a meaningful dividend of 2.85%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
JPMorgan Chase & Co. does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of JPMorgan Chase & Co. is 29.52%. 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 28.86% next year. This indicates that JPMorgan Chase & Co. will be able to sustain or increase its dividend.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
JPMorgan Chase & Co. has received a 14.87% 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 "Fixed income funds", "Consumer savings accounts", "Consumer transaction accounts", "Car loans", "Mortgages provided by brick and mortar banks", and "Credit cards" products. See details.
Environmental Sustainability
The Environmental Impact score for JPMorgan Chase & Co. is -0.77.

1.3

News and Social Media Coverage

News Sentiment
JPMorgan Chase & Co. has a news sentiment score of 0.33. 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 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 37 news articles for JPMorgan Chase & Co. this week, compared to 37 articles on an average week.
Search Interest
Only 107 people have searched for JPM on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.
MarketBeat Follows
Only 52 people have added JPMorgan Chase & Co. to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, JPMorgan Chase & Co. insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $18,543,247.00 in company stock.
Percentage Held by Insiders
Only 0.79% of the stock of JPMorgan Chase & Co. is held by insiders.
Percentage Held by Institutions
67.89% 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 -3.01% in the coming year, from $14.29 to $13.86 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of JPMorgan Chase & Co. is 10.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of JPMorgan Chase & Co. is 10.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 158.63.
Price to Earnings Growth Ratio
JPMorgan Chase & Co. has a PEG Ratio of 1.97. 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 1.54. 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. 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.

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JPM Stock News Headlines

May 31, 2023 | marketbeat.com

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May 26, 2023 | marketbeat.com

JPMorgan cuts about 1,000 former First Republic workers

JPMorgan Chase is laying off roughly 1,000 employees of First Republic Bank, the bank said Friday, nearly a month after JPMorgan bought First Republic when it became the third bank to fail this year

May 24, 2023 | marketbeat.com

Judge greenlights JPMorgan lawsuit blaming ex-executive in Jeffrey Epstein scandal

A federal judge says he won't block JPMorgan's legal efforts to accuse a former executive of hiding Jeffrey Epstein's decades-long sex abuse in order to keep the financier as a client

May 23, 2023 | marketbeat.com

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May 17, 2023 | marketbeat.com

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