JPMorgan Chase (JPM) Getting Somewhat Favorable Press Coverage, Accern Reports

News coverage about JPMorgan Chase (NYSE:JPM) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. JPMorgan Chase earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 46.4750597044596 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

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NYSE:JPM traded up $1.97 on Friday, hitting $109.97. The stock had a trading volume of 13,274,639 shares, compared to its average volume of 15,411,722. JPMorgan Chase has a 52 week low of $81.64 and a 52 week high of $119.33. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market cap of $377,412.53, a P/E ratio of 16.01, a PEG ratio of 1.86 and a beta of 1.18.

JPMorgan Chase (NYSE:JPM) last posted its earnings results on Friday, January 12th. The financial services provider reported $1.76 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.69 by $0.07. JPMorgan Chase had a return on equity of 11.63% and a net margin of 21.46%. The company had revenue of $24.15 billion for the quarter, compared to analyst estimates of $24.87 billion. During the same quarter last year, the company earned $1.71 earnings per share. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. equities analysts forecast that JPMorgan Chase will post 8.88 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Friday, April 6th will be issued a $0.56 dividend. The ex-dividend date of this dividend is Thursday, April 5th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.04%. JPMorgan Chase’s dividend payout ratio is presently 32.61%.

Several equities research analysts have recently weighed in on the company. Nomura set a $115.00 price target on JPMorgan Chase and gave the company a “neutral” rating in a research note on Friday, January 12th. Buckingham Research raised JPMorgan Chase from a “neutral” rating to a “buy” rating in a research note on Thursday, December 21st. Vetr raised JPMorgan Chase from a “strong sell” rating to a “sell” rating and set a $102.07 price target for the company in a research note on Tuesday, February 6th. Zacks Investment Research cut JPMorgan Chase from a “buy” rating to a “hold” rating in a research note on Tuesday, March 20th. Finally, Argus increased their price target on JPMorgan Chase from $109.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, January 12th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. JPMorgan Chase presently has a consensus rating of “Buy” and an average price target of $112.14.

In related news, CEO Mary E. Erdoes sold 65,101 shares of JPMorgan Chase stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $112.25, for a total transaction of $7,307,587.25. Following the sale, the chief executive officer now directly owns 479,882 shares in the company, valued at $53,866,754.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Peter Scher sold 26,532 shares of JPMorgan Chase stock in a transaction on Friday, January 19th. The stock was sold at an average price of $113.42, for a total value of $3,009,259.44. The disclosure for this sale can be found here. Insiders sold 152,047 shares of company stock worth $17,098,115 in the last 90 days. Corporate insiders own 0.88% of the company’s stock.

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JPMorgan Chase Company Profile

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.

Insider Buying and Selling by Quarter for JPMorgan Chase (NYSE:JPM)

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