Shares of JPMorgan Chase & Co. (NYSE:JPM) fell 3.3% on Wednesday . The company traded as low as $343.78 and last traded at $345.4890. Approximately 8,208,236 shares were traded during trading, a decline of 18% from the average daily volume of 10,051,569 shares. The stock had previously closed at $357.31.
More JPMorgan Chase & Co. News
Here are the key news stories impacting JPMorgan Chase & Co. this week:
- Positive Sentiment: Higher earnings estimates: Erste Group Bank raised its 2026 EPS forecast for JPM to $24.90 from $22.76, above the current consensus estimate of $24.27. The upgrade signals continued confidence in the bank’s earnings momentum. Erste Group Bank Raises JPMorgan Earnings Estimate
- Positive Sentiment: Capital-return potential: JPMorgan’s strong capital position reportedly supports a planned 10% dividend increase and a new $50 billion share-repurchase authorization, which could improve shareholder returns and provide support for the stock. JPMorgan Capital Position and Shareholder Returns
- Positive Sentiment: Potentially favorable rate outlook: JPMorgan brought forward its forecast for the next Federal Reserve rate increase to December 2026, citing persistent inflation. Higher rates can support banks’ net interest income, although the timing remains uncertain. JPMorgan Federal Reserve Rate Forecast
- Neutral Sentiment: Analyst commentary continues to describe JPMorgan as attractively valued or broadly bullish, while the bank is also receiving visibility from its investment-banking activity and private-bank recognition. Analyst Views on JPMorgan Stock
- Negative Sentiment: CEO Jamie Dimon’s warnings that investors should avoid richly priced long-term bonds and prepare for volatility could temper enthusiasm, particularly with JPMorgan already trading near its annual high. Jamie Dimon Warns Investors About Market Risk
- Negative Sentiment: Reports about JPMorgan’s involvement in FIFA’s expanded football-related financing plans raise reputational and execution risks following the bank’s earlier backlash over the European Super League. JPMorgan Football Financing Controversy
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the company. Wells Fargo & Company boosted their price objective on JPMorgan Chase & Co. from $360.00 to $375.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Zacks Research upgraded JPMorgan Chase & Co. from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Robert W. Baird lifted their price target on JPMorgan Chase & Co. from $295.00 to $305.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. DZ Bank reiterated a “neutral” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, April 15th. Finally, Dbs Bank upgraded shares of JPMorgan Chase & Co. to a “hold” rating in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $358.67.
JPMorgan Chase & Co. Stock Performance
The firm has a fifty day simple moving average of $327.90 and a 200-day simple moving average of $311.59. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 1.30. The stock has a market cap of $939.52 billion, a price-to-earnings ratio of 15.03, a P/E/G ratio of 1.42 and a beta of 0.99.
JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, beating analysts’ consensus estimates of $5.59 by $0.55. The firm had revenue of $58.02 billion for the quarter, compared to analyst estimates of $50.72 billion. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The business’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same period last year, the company earned $4.96 EPS. Analysts forecast that JPMorgan Chase & Co. will post 24.27 EPS for the current fiscal year.
JPMorgan Chase & Co. Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be issued a $1.50 dividend. The ex-dividend date is Monday, July 6th. This represents a $6.00 annualized dividend and a yield of 1.7%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is currently 25.71%.
Insider Buying and Selling
In related news, CFO Jeremy Barnum sold 3,022 shares of JPMorgan Chase & Co. stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total value of $935,037.02. Following the completion of the sale, the chief financial officer directly owned 32,438 shares in the company, valued at $10,036,641.58. This trade represents a 8.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jennifer Piepszak sold 4,919 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $309.42, for a total value of $1,522,036.98. Following the sale, the chief operating officer directly owned 85,082 shares of the company’s stock, valued at $26,326,072.44. This represents a 5.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 18,876 shares of company stock worth $5,907,051 over the last three months. 0.41% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On JPMorgan Chase & Co.
Institutional investors have recently modified their holdings of the business. Brighton Jones LLC grew its position in shares of JPMorgan Chase & Co. by 11.0% during the 4th quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider’s stock worth $11,682,000 after buying an additional 4,841 shares during the period. Acorns Advisers LLC raised its position in shares of JPMorgan Chase & Co. by 6.9% in the 1st quarter. Acorns Advisers LLC now owns 1,547 shares of the financial services provider’s stock valued at $379,000 after acquiring an additional 100 shares during the period. Ignite Planners LLC raised its position in shares of JPMorgan Chase & Co. by 0.7% in the 2nd quarter. Ignite Planners LLC now owns 10,934 shares of the financial services provider’s stock valued at $3,185,000 after acquiring an additional 78 shares during the period. Jump Financial LLC bought a new position in JPMorgan Chase & Co. during the 2nd quarter worth approximately $1,475,000. Finally, Betterment LLC boosted its stake in JPMorgan Chase & Co. by 27.5% during the 2nd quarter. Betterment LLC now owns 1,970 shares of the financial services provider’s stock worth $571,000 after acquiring an additional 425 shares during the last quarter. Institutional investors and hedge funds own 71.55% of the company’s stock.
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.
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