News headlines about JPMorgan Chase & Co. (NYSE:JPM) have trended positive on Sunday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. JPMorgan Chase & Co. earned a media sentiment score of 0.31 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.6006239701172 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern’s analysis:
- Apollo’s Joe Azelby Is Leaving One Year After Joining Firm (bloomberg.com)
- JPMorgan Owns a Chunk of a Gun Company. Now What? (bloomberg.com)
- JPMorgan Chase tripling space downtown (bizjournals.com)
- JPMorgan Chase is pursuing a bunch of new branches. We have their locations. (finance.yahoo.com)
- How Monetary Policy and the Yield Curve Are Shaping Up in 2018 (finance.yahoo.com)
JPM has been the topic of a number of recent research reports. Jefferies Group reaffirmed a “buy” rating and set a $131.00 price target (up previously from $124.00) on shares of JPMorgan Chase & Co. in a research note on Wednesday, February 21st. ValuEngine raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $129.00 price target on the stock in a research note on Monday, March 19th. Edward Jones raised shares of JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a research note on Thursday, March 22nd. Finally, Vetr downgraded shares of JPMorgan Chase & Co. from a “strong-buy” rating to a “buy” rating and set a $123.29 price target on the stock. in a research note on Thursday, April 5th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and fourteen have given a buy rating to the company’s stock. JPMorgan Chase & Co. has a consensus rating of “Hold” and an average price target of $112.75.
Shares of JPM traded down $0.57 during midday trading on Friday, hitting $110.66. The stock had a trading volume of 8,283,548 shares, compared to its average volume of 11,027,587. JPMorgan Chase & Co. has a 1 year low of $81.64 and a 1 year high of $119.33. The company has a market cap of $379.78 billion, a P/E ratio of 16.11, a P/E/G ratio of 1.83 and a beta of 1.24. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.19.
JPMorgan Chase & Co. (NYSE:JPM) last announced its earnings results on Friday, April 13th. The financial services provider reported $2.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.28 by $0.09. JPMorgan Chase & Co. had a net margin of 22.53% and a return on equity of 12.60%. The business had revenue of $27.90 billion for the quarter, compared to the consensus estimate of $27.73 billion. During the same quarter in the prior year, the firm posted $1.65 earnings per share. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. analysts predict that JPMorgan Chase & Co. will post 9.05 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 31st. Stockholders of record on Friday, July 6th will be paid a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend is Thursday, July 5th. JPMorgan Chase & Co.’s dividend payout ratio is currently 32.61%.
In related news, Director Todd A. Combs purchased 13,000 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, May 14th. The shares were bought at an average price of $114.61 per share, with a total value of $1,489,930.00. Following the purchase, the director now directly owns 18,277 shares of the company’s stock, valued at approximately $2,094,726.97. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mellody L. Hobson purchased 18,000 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Monday, April 16th. The stock was bought at an average cost of $111.05 per share, for a total transaction of $1,998,900.00. Following the purchase, the director now directly owns 864 shares in the company, valued at $95,947.20. The disclosure for this purchase can be found here. Corporate insiders own 0.73% of the company’s stock.
JPMorgan Chase & Co. Company Profile
JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.
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