JPMorgan Chase & Co. (NYSE:JPM)’s traded shares stood at 6.32 million during the last session, with the company’s beta value hitting 1.10. At the close of trading, the stock’s price was $222.31, to imply a decrease of -1.19% or -$2.67 in intraday trading. The JPM share’s 52-week high remains $225.92, putting it -1.62% down since that peak but still an impressive 39.19% since price per share fell to its 52-week low of $135.19. The company has a valuation of $632.51B, with an average of 8.41 million shares in intraday trading volume over the past 10 days and average of 8.64 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for JPMorgan Chase & Co. (JPM), translating to a mean rating of 1.96. Of 21 analyst(s) looking at the stock, 0 analyst(s) give JPM a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 17 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 3.89.
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JPMorgan Chase & Co. (NYSE:JPM) trade information
After registering a -1.19% downside in the last session, JPMorgan Chase & Co. (JPM) has traded red over the past five days. The 5-day price performance for the stock is -1.36%, and 5.97% over 30 days. With these gigs, the year-to-date price performance is 30.69%. Short interest in JPMorgan Chase & Co. (NYSE:JPM) saw shorts transact 27.54 million shares and set a 2.69 days time to cover.
The extremes give us $120 and $257 for target low and target high price respectively. As such, JPM has been trading -15.6% off suggested target high and 46.02% from its likely low.
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 underperformed competitors. JPMorgan Chase & Co. (JPM) shares are 14.89% up over the last 6 months, with its year-to-date growth rate lower than industry average at 7.95% against 21.20%. Revenue is forecast to grow 38.90% this quarter before falling -4.70% for the next one. The rating firms project that company’s revenue will grow 18.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 12 analysts is 41.09B. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 42.62B.Earnings reports from the last fiscal year show that sales brought in 36.82B and 41.85B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 11.60% before jumping 1.80% 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 12.94% return in earnings, projections for the next 5 years are at 2.57% annually.
JPM Dividends
JPMorgan Chase & Co. has its next earnings report out on 2025-Jan-15. 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 4.60, with the share yield ticking at 2.07% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.77%.
JPMorgan Chase & Co. (NYSE:JPM)’s Major holders
JPMorgan Chase & Co. insiders hold 0.45% of total outstanding shares, with institutional holders owning 73.77% of the shares at 74.10% float percentage. In total, 73.77% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 271.36 million shares (or 9.3307% of shares), all amounting to roughly $54.89 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 198.69 million shares, or about 6.8318% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $40.19 billion.
