In today’s recent session, 4.7 million shares of the JPMorgan Chase & Co (NYSE:JPM) have been traded, and its beta is 1.00. Most recently the company’s share price was $254.29, and it changed around $3.16 or 1.26% from the last close, which brings the market valuation of the company to $711.02B. JPM at last check was trading at a discount to its 52-week high of $280.25, offering almost -10.21% off that amount. The share price’s 52-week low was $179.20, which indicates that the recent value has risen by an impressive 29.53% since then. We note from JPMorgan Chase & Co’s average daily trading volume that its 10-day average is 12.09 million shares, with the 3-month average coming to 10.10 million.
JPMorgan Chase & Co stock received a consensus recommendation rating of Hold, based on a mean score of 2.15. If we narrow it down even further, the data shows that 1 out of 24 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 8 recommended JPM as a Hold, whereas 7 deemed it a Buy, and 1 rated it as Underweight. JPMorgan Chase & Co is expected to report earnings per share of 4.57 for the current quarter.
JPMorgan Chase & Co (NYSE:JPM) trade information
Instantly JPM has been showing a green trend so far today with a performance of 1.26% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 254.56 on recent trading dayincreased the stock’s daily price by 0.11%. The company’s shares are currently up 6.08% year-to-date, but still up 6.35% over the last five days. On the other hand, JPMorgan Chase & Co (NYSE:JPM) is -1.21% down in the 30-day period. We can see from the shorts that 23.61 million shares have been sold at a short interest cover period of 2.02 day(s).
The consensus price target as assigned by Wall Street analysts is $228.5, which translates to bulls needing to decrease their stock price by -11.29% from its current value. Analyst projections state that JPM is forecast to be at a low of $215 and a high of $264.
JPMorgan Chase & Co (JPM) estimates and forecasts
The year-over-year growth rate is expected to be -0.58%, down from the previous year.
Consensus estimates provided by 11 financial analysts predict the company will bring in an average of 43.72B in revenue for the current quarter. 11 analysts expect JPMorgan Chase & Co to make 43.87B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 41.93B and 50.2B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 4.25%. Forecasts for the next quarter put sales growth at -12.62%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 12.99%. JPMorgan Chase & Co earnings are expected to increase by 2.29% in 2025, but the outlook is positive 6.19% per year for the next five years.
JPM Dividends
JPMorgan Chase & Co’s next quarterly earnings report is expected to be released on 2025-Jan-14. The annual dividend yield of the stock is 1.89 percent and its annual dividend per share was 4.80. It is important to note, however, that the 1.89% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.71 per year.
JPMorgan Chase & Co (NYSE:JPM)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.48% of JPMorgan Chase & Co shares, and 74.59% of them are in the hands of institutional investors. The stock currently has a share float of 74.96%. JPMorgan Chase & Co stock is held by 5624.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 9.3307% of the shares, which is about 271.36 million shares worth $54.89 billion.
BLACKROCK INC., with 6.8756% or 198.69 million shares worth $40.19 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 88.19 shares worth $22.41 billion, making up 3.15% of all outstanding shares. On the other hand, Vanguard 500 Index Fund held roughly 76.21 shares worth around $19.36 billion, which represents about 2.73% of the total shares outstanding.
