S&P 500   5,149.42
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How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
NYSE:JPM

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

$192.70
+2.40 (+1.26%)
(As of 03/18/2024 ET)
Today's Range
$189.89
$192.70
50-Day Range
$167.19
$192.70
52-Week Range
$123.11
$192.70
Volume
9.01 million shs
Average Volume
9.12 million shs
Market Capitalization
$555.05 billion
P/E Ratio
11.88
Dividend Yield
2.18%
Price Target
$180.53

JPMorgan Chase & Co. MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
6.3% Downside
$180.53 Price Target
Short Interest
Healthy
0.66% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.02
Upright™ Environmental Score
News Sentiment
0.54mentions of JPMorgan Chase & Co. in the last 14 days
Based on 38 Articles This Week
Insider Trading
Selling Shares
$154.34 M Sold Last Quarter
Proj. Earnings Growth
0.19%
From $15.93 to $15.96 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.

4.28 out of 5 stars

Finance Sector

230th out of 882 stocks

National Commercial Banks Industry

32nd 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

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Jamie Dimon doesn't like Bitcoin (Cryptocurrencies: BTC); that's a well-known fact. He has many criticisms, most of which are true, but it doesn't matter because the world is embracing blockchain technology.
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Your Comprehensive Guide to Investing in Bank Stocks (JPM)
Bank stocks can offer steady dividend investments. Learn more about investing in bank stocks, particularly during economic downturns and banking crises.
3 Hot Stocks Bought by Members of Congress: Follow the Money (JPM)
Palo Alto Networks, Simon Property Group and JPMorgan Chase are the top three stocks bought by Members of Congress in February;
CarGurus Stock is Set for a Rally This Quarter, Above all Peers (JPM)
The car market is soon to see a boom in demand, and most market participants are betting on CarGurus to be the one to come out on top of it all, here's why.
JPMorgan Chase & Co (1JPM.MI)
JPMorgan Chase Declares Preferred Stock Dividends
Tesla's Market Cap is Smaller than JPMorgan's
JPMorgan may become 'the Nvidia of banking': Mike Mayo
See More Headlines
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Company Calendar

Ex-Dividend for 1/31 Dividend
1/04/2024
Last Earnings
1/12/2024
Dividend Payable
1/31/2024
Today
3/18/2024
Next Earnings (Confirmed)
4/12/2024
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
$180.53
High Stock Price Target
$238.00
Low Stock Price Target
$140.00
Potential Upside/Downside
-6.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
19 Analysts

Profitability

Net Income
$49.55 billion
Pretax Margin
25.73%

Debt

Sales & Book Value

Annual Sales
$239.43 billion
Cash Flow
$20.92 per share
Book Value
$104.45 per share

Miscellaneous

Outstanding Shares
2,880,370,000
Free Float
2,857,616,000
Market Cap
$555.05 billion
Optionable
Optionable
Beta
1.14

Social Links

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Key Executives

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of JPMorgan Chase & Co. was last updated on Sunday, March 17, 2024 at 4:29 PM.

Pros

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

  • JPMorgan Chase & Co. has a strong market position in the financial services industry, offering a wide range of products and services across different segments, providing diversification and stability to its revenue streams.
  • The company has a solid track record of financial performance, with a market capitalization of $543.04 billion, indicating its size and stability in the market.
  • JPMorgan Chase & Co. has a low P/E ratio of 11.62, which suggests that the stock may be undervalued compared to its earnings potential, making it an attractive investment opportunity.
  • The company's diverse business segments, including Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management, provide exposure to various sectors of the economy, reducing overall risk.
  • With a 1-year high of $190.50, JPM stock has shown strong growth potential, indicating positive investor sentiment and potential for capital appreciation.

Cons

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

  • While JPMorgan Chase & Co. has a strong market position, it also faces intense competition from other financial institutions, which could impact its market share and profitability.
  • The company's debt-to-equity ratio of 1.30 may indicate higher financial leverage, which can increase the risk of financial distress during economic downturns or adverse market conditions.
  • Despite its size and stability, JPMorgan Chase & Co. operates in a highly regulated industry, subject to changing regulatory environments that could impact its operations and profitability.
  • The stock's beta of 1.14 suggests that it is slightly more volatile than the market average, which may lead to higher price fluctuations and increased risk for investors.
  • Investors should consider the current stock price of JPMorgan Chase & Co. at $188.53, as it may be trading at a premium or discount to its intrinsic value, requiring careful valuation analysis before making investment decisions.

JPM Stock Analysis - Frequently Asked Questions

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

19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JPMorgan Chase & Co. in the last twelve months. There are currently 7 hold ratings and 12 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?

19 analysts have issued 1 year price targets for JPMorgan Chase & Co.'s stock. Their JPM share price targets range from $140.00 to $238.00. On average, they anticipate the company's stock price to reach $180.53 in the next twelve months. This suggests that the stock has a possible downside of 6.3%.
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 shares have increased by 13.3% and is now trading at $192.70.
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 February. As of February 15th, there was short interest totaling 19,560,000 shares, an increase of 11.3% from the January 31st total of 17,570,000 shares. Based on an average daily trading volume, of 9,170,000 shares, the short-interest ratio is currently 2.1 days. Approximately 0.7% of the company's shares 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, April 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, April 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) announced its quarterly earnings results on Friday, January, 12th. The financial services provider reported $3.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.73 by $0.69. The financial services provider earned $38.57 billion during the quarter, compared to analyst estimates of $39.73 billion. JPMorgan Chase & Co. had a net margin of 20.70% and a trailing twelve-month return on equity of 17.80%. JPMorgan Chase & Co.'s revenue was up 11.7% on a year-over-year basis. During the same quarter last year, the firm posted $3.57 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, December 12th. Investors of record on Thursday, January 4th will be given a dividend of $1.05 per share on Wednesday, January 31st. This represents a $4.20 annualized dividend and a dividend yield of 2.18%. The ex-dividend date is Thursday, January 4th.
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 2.23%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JPM will have a dividend payout ratio of 26.32% 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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.46%), Vanguard Group Inc. (9.47%), Capital International Investors (1.44%), Wellington Management Group LLP (1.38%), Norges Bank (1.23%) and Capital World Investors (1.19%). 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 3/19/2024 by MarketBeat.com Staff

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