JPMorgan Chase & Co. (JPM) – Research Analysts’ Recent Ratings Changes

JPMorgan Chase & Co. (NYSE: JPM) recently received a number of ratings updates from brokerages and research firms:

• 1/7/2025 – JPMorgan Chase & Co. is now covered by analysts at Truist Financial Co.. They set a “hold” rating and a $260.00 price target on the stock.
• 1/7/2025 – JPMorgan Chase & Co. had its price target raised by analysts at Bank of America Co. from $260.00 to $280.00. They now have a “buy” rating on the stock.
• 1/6/2025 – JPMorgan Chase & Co. had its price target raised by analysts at Barclays PLC from $257.00 to $304.00. They now have an “overweight” rating on the stock.
• 1/3/2025 – JPMorgan Chase & Co. was upgraded by analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating. They now have a $269.00 price target on the stock.
• 12/3/2024 – JPMorgan Chase & Co. had its price target raised by analysts at Piper Sandler from $240.00 to $275.00. They now have an “overweight” rating on the stock.
• 12/3/2024 – JPMorgan Chase & Co. had its price target raised by analysts at Keefe, Bruyette & Woods from $216.00 to $254.00. They now have a “market perform” rating on the stock.
• 11/20/2024 – JPMorgan Chase & Co. was downgraded by analysts at Oppenheimer Holdings Inc. from an “outperform” rating to a “market perform” rating.
• 11/19/2024 – JPMorgan Chase & Co. had its price target raised by analysts at Citigroup Inc. from $215.00 to $250.00. They now have a “neutral” rating on the stock.
• 11/15/2024 – JPMorgan Chase & Co. had its price target raised by analysts at Wells Fargo & Company from $240.00 to $270.00. They now have an “overweight” rating on the stock.

JPMorgan Chase & Co. Trading Down 0.0 %

JPM traded down $0.06 during trading on Tuesday, hitting $244.15. The company’s stock had a trading volume of 5,653,962 shares, compared to its average volume of 8,948,754. JPMorgan Chase & Co. has a twelve month low of $164.30 and a twelve month high of $254.31. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.27. The stock’s fifty day moving average price is $242.08 and its 200-day moving average price is $223.20. The firm has a market capitalization of $687.37 billion, a P/E ratio of 13.59, a PEG ratio of 3.54 and a beta of 1.11.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Friday, October 11th. The financial services provider reported $4.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.02 by $0.35. The firm had revenue of $43.32 billion during the quarter, compared to the consensus estimate of $41.43 billion. JPMorgan Chase & Co. had a return on equity of 16.71% and a net margin of 19.64%. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.33 EPS. Analysts anticipate that JPMorgan Chase & Co. will post 17.62 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 6th will be paid a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 2.05%. The ex-dividend date is Monday, January 6th. JPMorgan Chase & Co.’s dividend payout ratio is currently 27.82%.

Institutional Trading of JPMorgan Chase & Co.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Mizuho Securities Co. Ltd. bought a new position in shares of JPMorgan Chase & Co. during the third quarter valued at approximately $25,000. Catalyst Capital Advisors LLC bought a new position in JPMorgan Chase & Co. in the third quarter worth $27,000. Fairway Wealth LLC bought a new position in JPMorgan Chase & Co. in the second quarter worth $32,000. West Financial Advisors LLC bought a new position in shares of JPMorgan Chase & Co. during the third quarter valued at $37,000. Finally, New England Capital Financial Advisors LLC boosted its position in shares of JPMorgan Chase & Co. by 38.5% during the third quarter. New England Capital Financial Advisors LLC now owns 180 shares of the financial services provider’s stock valued at $38,000 after buying an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.