Erste Group Bank Brokers Increase Earnings Estimates for JPM

JPMorgan Chase & Co. (NYSE:JPM) – Erste Group Bank lifted their FY2026 earnings estimates for JPMorgan Chase & Co. in a research report issued on Thursday, April 2nd. Erste Group Bank analyst H. Engel now anticipates that the financial services provider will post earnings of $21.55 per share for the year, up from their previous forecast of $21.48. The consensus estimate for JPMorgan Chase & Co.’s current full-year earnings is $18.10 per share.

Several other research firms have also commented on JPM. Barclays reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, April 1st. The Goldman Sachs Group raised their price objective on JPMorgan Chase & Co. from $352.00 to $365.00 and gave the company a “buy” rating in a research report on Monday. Evercore decreased their price target on JPMorgan Chase & Co. from $350.00 to $320.00 and set an “outperform” rating for the company in a report on Monday. DZ Bank restated a “neutral” rating on shares of JPMorgan Chase & Co. in a report on Wednesday, January 14th. Finally, Zacks Research upgraded JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $333.17.

JPMorgan Chase & Co. Trading Up 3.6%

NYSE:JPM opened at $308.16 on Wednesday. The business’s 50-day moving average is $298.92 and its two-hundred day moving average is $306.89. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.85 and a quick ratio of 0.85. JPMorgan Chase & Co. has a 12 month low of $211.00 and a 12 month high of $337.25. The firm has a market capitalization of $831.12 billion, a PE ratio of 15.40, a price-to-earnings-growth ratio of 1.41 and a beta of 1.05.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings data on Tuesday, January 13th. The financial services provider reported $5.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.93 by $0.30. JPMorgan Chase & Co. had a net margin of 20.35% and a return on equity of 17.16%. The company had revenue of $45.80 billion during the quarter, compared to the consensus estimate of $45.98 billion. During the same period in the previous year, the firm earned $4.81 earnings per share. JPMorgan Chase & Co.’s revenue for the quarter was up 7.1% on a year-over-year basis.

Institutional Trading of JPMorgan Chase & Co.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Norges Bank bought a new position in shares of JPMorgan Chase & Co. during the fourth quarter worth about $11,396,496,000. Cardano Risk Management B.V. lifted its position in shares of JPMorgan Chase & Co. by 889.3% during the fourth quarter. Cardano Risk Management B.V. now owns 8,673,530 shares of the financial services provider’s stock worth $2,794,785,000 after purchasing an additional 7,796,814 shares during the last quarter. Danske Bank A S bought a new stake in shares of JPMorgan Chase & Co. in the 3rd quarter valued at approximately $696,885,000. American Assets Investment Management LLC increased its holdings in shares of JPMorgan Chase & Co. by 1,172.2% in the 4th quarter. American Assets Investment Management LLC now owns 2,259,400 shares of the financial services provider’s stock valued at $728,024,000 after acquiring an additional 2,081,800 shares during the last quarter. Finally, Holocene Advisors LP increased its holdings in shares of JPMorgan Chase & Co. by 1,033.3% in the 3rd quarter. Holocene Advisors LP now owns 2,155,120 shares of the financial services provider’s stock valued at $679,790,000 after acquiring an additional 1,964,958 shares during the last quarter. Institutional investors own 71.55% of the company’s stock.

Insider Transactions at JPMorgan Chase & Co.

In related news, insider Robin Leopold sold 433 shares of the stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $295.06, for a total value of $127,760.98. Following the completion of the transaction, the insider owned 64,920 shares of the company’s stock, valued at approximately $19,155,295.20. This represents a 0.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Jeremy Barnum sold 2,893 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $312.79, for a total value of $904,901.47. Following the completion of the transaction, the chief financial officer directly owned 26,696 shares of the company’s stock, valued at $8,350,241.84. This represents a 9.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 72,029 shares of company stock valued at $22,195,693 in the last three months. 0.47% of the stock is currently owned by company insiders.

JPMorgan Chase & Co. Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Monday, April 6th will be issued a $1.50 dividend. The ex-dividend date of this dividend is Monday, April 6th. This represents a $6.00 dividend on an annualized basis and a yield of 1.9%. JPMorgan Chase & Co.’s dividend payout ratio is currently 29.99%.

Key Stories Impacting JPMorgan Chase & Co.

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: Geo-political ceasefire eased oil and rate-hike worries, pushing global bond yields lower — a tailwind for banks’ trading and market businesses and lowering recession/rate-risk premium. Global Bonds Jump as Ceasefire Sows Doubts Over Steep Rate Hikes
• Positive Sentiment: Analysts are updating forecasts ahead of Q1 — several accurate forecasters nudged estimates higher and highlighted JPMorgan’s strong mix (wealth, payments, card partnerships) as supportive of an earnings beat. JPMorgan Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
• Positive Sentiment: Product/technology initiatives — JPM Coin pilots in Argentina and Jamie Dimon’s push to roll out blockchain/internal token infrastructure and embrace Solana point to potential efficiency gains and new institutional product revenue. Argentine banks testing JPMorgan’s JPM Coin to speed up settlements: Report
• Neutral Sentiment: Q1 earnings preview — JPMorgan reports April 14; street expectations (consensus EPS/revenue) leave scope for volatility depending on net interest income trajectory, trading revenue and credit costs. The upcoming print is the main near-term catalyst. JPMorgan Chase & Co. (JPM) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Negative Sentiment: Some sell-side shops are more cautious: Piper Sandler and other analysts have trimmed targets or warned on weaker near-term earnings forecasts, which can cap upside if guidance is soft. Piper Sandler Remains Cautious on JPMorgan (JPM) Amid Weaker Earnings Forecasts
• Negative Sentiment: CEO Jamie Dimon’s shareholder letter flagged risks — private-credit vulnerabilities and the potential for renewed inflation if Middle East tensions flare — reminders that upside from the ceasefire is conditional and that higher oil/inflation would be a headwind. Jamie Dimon: Iran war could reignite inflation and keep Fed rates higher for longer

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.