JPMorgan Chase & Co. (NYSE:JPM) Earns Coverage Optimism Rating of 3.20

News articles about JPMorgan Chase & Co. (NYSE:JPM) have been trending very positive recently, according to InfoTrie. The research group identifies negative and positive press coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. JPMorgan Chase & Co. earned a media sentiment score of 3.20 on their scale. InfoTrie also assigned media headlines about the financial services provider an news buzz score of 0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company’s share price in the near future.

These are some of the media stories that may have effected JPMorgan Chase & Co.’s ranking:

NYSE:JPM traded up $0.38 on Wednesday, reaching $126.64. The stock had a trading volume of 24,825,384 shares, compared to its average volume of 11,049,876. The company has a quick ratio of 0.93, a current ratio of 0.92 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $414.52 billion, a P/E ratio of 11.81, a price-to-earnings-growth ratio of 2.47 and a beta of 1.19. JPMorgan Chase & Co. has a 1-year low of $98.09 and a 1-year high of $141.10. The stock has a fifty day moving average price of $135.95 and a 200-day moving average price of $126.50.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Tuesday, January 14th. The financial services provider reported $2.57 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.32 by $0.25. The company had revenue of $28.30 billion during the quarter, compared to analyst estimates of $27.69 billion. JPMorgan Chase & Co. had a net margin of 25.49% and a return on equity of 15.19%. The company’s revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the business posted $1.98 earnings per share. Sell-side analysts predict that JPMorgan Chase & Co. will post 10.71 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Monday, January 6th were given a dividend of $0.90 per share. The ex-dividend date was Friday, January 3rd. This represents a $3.60 dividend on an annualized basis and a yield of 2.84%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 34.35%.

A number of equities analysts have recently issued reports on JPM shares. Credit Suisse Group increased their price objective on shares of JPMorgan Chase & Co. from $142.00 to $147.00 and gave the company an “outperform” rating in a research note on Wednesday, January 15th. Edward Jones reiterated a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Wednesday, January 15th. UBS Group cut shares of JPMorgan Chase & Co. from a “buy” rating to a “neutral” rating and upped their target price for the company from $132.00 to $138.00 in a research note on Monday, January 6th. Piper Sandler increased their price target on shares of JPMorgan Chase & Co. from $141.00 to $149.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 15th. Finally, BMO Capital Markets raised their price target on shares of JPMorgan Chase & Co. from $131.00 to $134.00 and gave the stock a “market perform” rating in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have issued a buy rating to the stock. JPMorgan Chase & Co. has an average rating of “Hold” and an average price target of $135.19.

In related news, General Counsel Stacey Friedman sold 6,441 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $137.10, for a total transaction of $883,061.10. Following the transaction, the general counsel now owns 36,559 shares in the company, valued at approximately $5,012,238.90. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Nicole Giles sold 3,015 shares of the stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $137.10, for a total transaction of $413,356.50. Following the sale, the insider now directly owns 10,607 shares in the company, valued at approximately $1,454,219.70. The disclosure for this sale can be found here. Insiders have sold a total of 128,814 shares of company stock valued at $17,318,144 over the last ninety days. Insiders own 0.76% of the company’s stock.

JPMorgan Chase & Co. Company Profile

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 and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.

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