S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead

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

$182.90
+0.11 (+0.06%)
(As of 04/15/2024 ET)
Today's Range
$182.20
$187.46
50-Day Range
$174.23
$200.30
52-Week Range
$131.81
$200.94
Volume
14.76 million shs
Average Volume
9.33 million shs
Market Capitalization
$525.31 billion
P/E Ratio
11.04
Dividend Yield
2.52%
Price Target
$190.56

JPMorgan Chase & Co. MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
4.2% Upside
$190.56 Price Target
Short Interest
Healthy
0.76% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.78
Upright™ Environmental Score
News Sentiment
0.25mentions of JPMorgan Chase & Co. in the last 14 days
Based on 108 Articles This Week
Insider Trading
Selling Shares
$187.93 M Sold Last Quarter
Proj. Earnings Growth
1.52%
From $15.78 to $16.02 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.

4.14 out of 5 stars

Finance Sector

290th out of 873 stocks

National Commercial Banks Industry

44th out of 86 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

Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalate
Asia stocks are mostly lower as worries about potentially escalating tensions in the Middle East rattle financial markets
A.I. “Perfect Storm” Could Send THESE Stocks Sky High
A little-known investment analyst whose performance beat out 15,000+ other experts in 2020 has identified an opportunity in the A.I. space. He's calling it A.I.'s perfect storm.
MarketBeat Week in Review – 4/8 - 4/12 (JPM)
The latest inflation readings moved stocks lower as investors reconsidered what higher-for-longer interest rates mean for corporate earnings and stock valuation
How major US stock indexes fared Friday, 4/12/2024
U.S. stocks fell sharply following a mixed start to earnings reporting season
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase & Company's NYSE: JPM firmwide metrics are good, but details within the consumer business show the impact of tighter credit, pinched wallets, and the first cracks in the consumer outlook. The company's tier 1 ratio and balance sheet are sound; JPMorgan reports more than $500 billion in loss-absorbing capacity, so it can weather the storm when it arrives.
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
JPMorgan Chase had a solid quarter, but cracks are showing in the consumer, and NII is forecast to be weaker than analysts expectations this year.
How major US stock indexes fared Tuesday, 4/9/2024
Stocks meandered to a mixed close on Wall Street as traders made their final moves before several potentially market-moving reports later in the week
A.I. “Perfect Storm” Could Send THESE Stocks Sky High
A little-known investment analyst whose performance beat out 15,000+ other experts in 2020 has identified an opportunity in the A.I. space. He's calling it A.I.'s perfect storm.
JPMorgan's Dimon warns inflation, political polarization, wars creating risks not seen since WWII
The nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors that he continues to expect the U.S. economy to be resilient and grow this year
Banks Think Small Cap Stocks Need to Catch Up: 3 Winners
The momentum trade has been exhausted by the large-capitalization stocks in the market, especially those in the technology sector, as names like Nvidia Co. NASDAQ: NVDA keep making new all-time highs. For this reason, quants at PGIM believe that Wall Street may soon rotate into small-capitalization stocks to squeeze further returns.
Banks Think Small Cap Stocks Need to Catch Up: 3 Winners
Three small cap stocks are setting up to lead the way into the new momentum trade, Wall Street believes large cap names exhausted the momentum trade now
JPMorgan Chase 2024 Annual Meeting of Shareholders
JPMorgan Chase Declares Preferred Stock Dividends
See More Headlines
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Company Calendar

Last Earnings
10/13/2023
Ex-Dividend for 1/31 Dividend
1/04/2024
Dividend Payable
1/31/2024
Ex-Dividend for 4/30 Dividend
4/04/2024
Today
4/16/2024
Dividend Payable
4/30/2024
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
$190.56
High Stock Price Target
$228.00
Low Stock Price Target
$140.00
Potential Upside/Downside
+3.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
19 Analysts

Profitability

Net Income
$49.55 billion
Pretax Margin
25.07%

Debt

Sales & Book Value

Annual Sales
$239.43 billion
Cash Flow
$20.44 per share
Book Value
$104.45 per share

Miscellaneous

Outstanding Shares
2,872,090,000
Free Float
2,849,401,000
Market Cap
$525.31 billion
Optionable
Optionable
Beta
1.15

Social Links

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Key Executives

Should I Buy JPMorgan Chase & Co. Stock? JPM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in JP Morgan Chase:

  • JPM stock has been performing well, with a 12-month high of $200.94, indicating potential for capital appreciation.
  • JPMorgan Chase & Co. has a market cap of $568.82 billion, reflecting its strong position in the financial services industry.
  • The company reported a net margin of 20.70%, showcasing its profitability.
  • Recent insider activity, such as the sale of shares by CEO Jennifer Piepszak, may indicate confidence in the company's future prospects.
  • Institutional investors, including large funds like Myriad Asset Management US LP and JB Capital LLC, have been increasing their holdings in JPM, suggesting positive sentiment towards the stock.

Cons

Investors should be bearish about investing in JP Morgan Chase for these reasons:

  • The company's stock price has a price-to-earnings ratio of 12.17, which may indicate that the stock is currently overvalued.
  • JPMorgan Chase & Co. recently missed earnings estimates, which could lead to short-term volatility in the stock price.
  • The company's debt-to-equity ratio of 1.30 may raise concerns about its leverage and financial stability.
  • While large institutional investors have been increasing their holdings, individual investors should carefully consider the potential risks associated with investing in a company with such a high level of institutional ownership.
  • The stock's beta of 1.15 suggests that it is slightly more volatile than the overall market, which could lead to fluctuations in returns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these JPMorgan Chase & Co. pros and cons to contact@marketbeat.com.

JPM Stock Analysis - Frequently Asked Questions

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

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for JPMorgan Chase & Co. in the last year. There are currently 7 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street 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?

19 brokerages have issued 1 year price objectives for JPMorgan Chase & Co.'s stock. Their JPM share price targets range from $140.00 to $228.00. On average, they expect the company's share price to reach $190.56 in the next twelve months. This suggests a possible upside of 4.2% 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 2024?

JPMorgan Chase & Co.'s stock was trading at $170.10 on January 1st, 2024. Since then, JPM stock has increased by 7.5% and is now trading at $182.90.
View the best growth stocks for 2024 here
.

Are investors shorting JPMorgan Chase & Co.?

JPMorgan Chase & Co. saw a increase in short interest in March. As of March 15th, there was short interest totaling 21,380,000 shares, an increase of 13.7% from the February 29th total of 18,810,000 shares. Based on an average daily volume of 8,820,000 shares, the short-interest ratio is currently 2.4 days. Currently, 0.8% of the company's stock are short sold.
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) issued its quarterly earnings data on Friday, October, 13th. The financial services provider reported $4.33 earnings per share for the quarter, beating analysts' consensus estimates of $3.95 by $0.38. The financial services provider earned $40.69 billion during the quarter, compared to analyst estimates of $39.63 billion. JPMorgan Chase & Co. had a trailing twelve-month return on equity of 17.79% and a net margin of 20.05%. The company's quarterly revenue was up 24.4% compared to the same quarter last year. During the same period in the prior year, the business posted $3.12 EPS.
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. announced a quarterly dividend on Tuesday, March 19th. Stockholders of record on Friday, April 5th will be given a dividend of $1.15 per share on Tuesday, April 30th. This represents a $4.60 annualized dividend and a dividend yield of 2.52%. The ex-dividend date is Thursday, April 4th. This is a positive change from the stock's previous quarterly dividend of $1.05.
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 2.52%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. 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 28.71% 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 many different institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.04%), Douglas Lane & Associates LLC (0.03%), Ferguson Wellman Capital Management Inc. (0.03%), Sarasin & Partners LLP (0.03%), Gateway Investment Advisers LLC (0.02%) and Cardano Risk Management B.V. (0.02%). Insiders that own company stock include Ashley Bacon, Chase & Co Jpmorgan, Daniel E Pinto, Douglas B Petno, 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).
Read More
This page (NYSE:JPM) was last updated on 4/16/2024 by MarketBeat.com Staff

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