Zacks Research Issues Positive Outlook for JPM Earnings

JPMorgan Chase & Co. (NYSE:JPM) – Research analysts at Zacks Research raised their Q3 2025 earnings per share estimates for JPMorgan Chase & Co. in a note issued to investors on Monday, August 4th. Zacks Research analyst R. Department now expects that the financial services provider will earn $4.50 per share for the quarter, up from their previous estimate of $4.41. The consensus estimate for JPMorgan Chase & Co.’s current full-year earnings is $18.10 per share. Zacks Research also issued estimates for JPMorgan Chase & Co.’s Q4 2025 earnings at $4.56 EPS, Q1 2026 earnings at $4.91 EPS, Q2 2026 earnings at $4.87 EPS, Q3 2026 earnings at $4.96 EPS, Q4 2026 earnings at $5.16 EPS, FY2026 earnings at $19.90 EPS, Q1 2027 earnings at $5.27 EPS, Q2 2027 earnings at $5.40 EPS and FY2027 earnings at $21.88 EPS.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Tuesday, July 15th. The financial services provider reported $4.96 EPS for the quarter, topping analysts’ consensus estimates of $4.48 by $0.48. The firm had revenue of $44.91 billion during the quarter, compared to analysts’ expectations of $43.76 billion. JPMorgan Chase & Co. had a return on equity of 16.93% and a net margin of 20.52%. The firm’s quarterly revenue was down 10.5% compared to the same quarter last year. During the same quarter last year, the business posted $6.12 EPS.

JPM has been the subject of a number of other reports. Hsbc Global Res lowered shares of JPMorgan Chase & Co. from a “hold” rating to a “moderate sell” rating in a report on Tuesday, July 8th. Piper Sandler reaffirmed an “overweight” rating on shares of JPMorgan Chase & Co. in a research report on Tuesday, July 15th. Morgan Stanley upped their target price on JPMorgan Chase & Co. from $296.00 to $298.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 16th. Keefe, Bruyette & Woods upped their target price on JPMorgan Chase & Co. from $327.00 to $330.00 and gave the company an “outperform” rating in a research report on Wednesday, July 16th. Finally, Phillip Securities lowered JPMorgan Chase & Co. from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, July 16th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, JPMorgan Chase & Co. currently has an average rating of “Moderate Buy” and an average target price of $288.68.

JPMorgan Chase & Co. Stock Down 1.0%

JPM opened at $291.23 on Tuesday. The firm has a 50 day moving average price of $282.23 and a 200 day moving average price of $262.14. The company has a market cap of $809.35 billion, a PE ratio of 14.94, a price-to-earnings-growth ratio of 1.97 and a beta of 1.11. JPMorgan Chase & Co. has a 1 year low of $194.00 and a 1 year high of $301.29. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.89 and a current ratio of 0.88.

Institutional Investors Weigh In On JPMorgan Chase & Co.

Institutional investors have recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC grew its stake in JPMorgan Chase & Co. by 609,867.5% in the second quarter. Kingstone Capital Partners Texas LLC now owns 72,897,211 shares of the financial services provider’s stock valued at $21,133,630,000 after acquiring an additional 72,885,260 shares during the period. GAMMA Investing LLC grew its stake in JPMorgan Chase & Co. by 25,861.9% in the first quarter. GAMMA Investing LLC now owns 23,556,011 shares of the financial services provider’s stock valued at $5,778,289,000 after acquiring an additional 23,465,278 shares during the period. Nuveen LLC acquired a new position in JPMorgan Chase & Co. in the first quarter valued at about $3,972,807,000. Northern Trust Corp grew its stake in JPMorgan Chase & Co. by 15.4% in the fourth quarter. Northern Trust Corp now owns 33,845,676 shares of the financial services provider’s stock valued at $8,113,147,000 after acquiring an additional 4,515,147 shares during the period. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in JPMorgan Chase & Co. by 31.4% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 10,684,810 shares of the financial services provider’s stock valued at $2,561,256,000 after acquiring an additional 2,551,899 shares during the period. 71.55% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, General Counsel Stacey Friedman sold 2,821 shares of JPMorgan Chase & Co. stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $265.71, for a total transaction of $749,567.91. Following the completion of the sale, the general counsel directly owned 68,757 shares of the company’s stock, valued at $18,269,422.47. The trade was a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Jennifer Piepszak sold 6,128 shares of JPMorgan Chase & Co. stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $262.47, for a total value of $1,608,416.16. Following the sale, the chief operating officer directly owned 62,455 shares of the company’s stock, valued at approximately $16,392,563.85. This trade represents a 8.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 15,557 shares of company stock valued at $4,113,796. 0.47% of the stock is currently owned by corporate insiders.

JPMorgan Chase & Co. Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Thursday, July 3rd were given a dividend of $1.40 per share. The ex-dividend date was Thursday, July 3rd. This represents a $5.60 dividend on an annualized basis and a dividend yield of 1.9%. JPMorgan Chase & Co.’s payout ratio is presently 28.73%.

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.