Now Is The Time To Build A Position In JPMorgan Chase & Co. (NYSE:JPM)

JPMorgan Chase & Co. (NYSE:JPM)’s traded shares stood at 2.23 million during the latest session, with the company’s beta value hitting 1.11. At the last check today, the stock’s price was $198.89, to imply an increase of 0.70% or $1.39 in intraday trading. The JPM share’s 52-week high remains $200.94, putting it -1.03% down since that peak but still an impressive 33.06% since price per share fell to its 52-week low of $133.13. The company has a valuation of $571.15B, with an average of 8.86 million shares over the past 3 months.

JPMorgan Chase & Co. (NYSE:JPM) trade information

After registering a 0.70% upside in the latest session, JPMorgan Chase & Co. (JPM) has traded red over the past five days. The stock hit a weekly high of 199.34, jumping 0.70% in its intraday price action. The 5-day price performance for the stock is 4.40%, and 1.77% over 30 days. With these gigs, the year-to-date price performance is 16.93%.

JPMorgan Chase & Co. (JPM) estimates and forecasts

Looking at statistics comparing JPMorgan Chase & Co. share performance against respective industry, we note that the company has outperformed competitors. JPMorgan Chase & Co. (JPM) shares are 37.43% up over the last 6 months, with its year-to-date growth rate higher than industry average at -0.12% against -5.20%. The rating firms project that company’s revenue will grow 2.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 14 analysts is 38.43B. Meanwhile, for the current quarter, a total of 14 analyst(s) estimate revenue growth to 38.06B.Earnings reports from the last fiscal year show that sales brought in 42.4B and 39.64B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -9.40% before dropping -4.00% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 12.53% for the past 5-year period. While 2024 is set for a -0.03% return in earnings, projections for the next 5 years are at 1.20% annually.

JPM Dividends

JPMorgan Chase & Co. has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. JPMorgan Chase & Co. has a forward dividend ratio of 4.25, with the share yield ticking at 2.14% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.