JPMorgan Chase & Co. (NYSE:JPM) – Research analysts at Credit Agricole SA increased their FY2017 earnings estimates for JPMorgan Chase & Co. in a research note issued on Wednesday. Credit Agricole SA analyst M. Mayo now forecasts that the brokerage will earn $6.15 per share for the year, up from their previous forecast of $6.05. Credit Agricole SA currently has a “Buy” rating and a $79.00 target price on the stock. Credit Agricole SA also issued estimates for JPMorgan Chase & Co.’s FY2018 earnings at $6.95 EPS and FY2019 earnings at $7.75 EPS.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings data on Friday, October 14th. The financial services provider reported $1.58 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.39 by $0.19. JPMorgan Chase & Co. had a return on equity of 10.47% and a net margin of 22.92%. The company had revenue of $25.50 billion for the quarter. During the same quarter in the previous year, the firm posted $1.54 earnings per share. The company’s quarterly revenue was up 8.3% on a year-over-year basis.

Earnings History and Estimates for JPMorgan Chase & Co. (NYSE:JPM)

Several other brokerages also recently weighed in on JPM. Argus reiterated a “buy” rating and set a $72.00 target price on shares of JPMorgan Chase & Co. in a research note on Monday, July 18th. Compass Point initiated coverage on shares of JPMorgan Chase & Co. in a research note on Tuesday, October 11th. They set a “sell” rating for the company. Sanford C. Bernstein downgraded shares of JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating and increased their target price for the stock from $65.72 to $67.00 in a research note on Tuesday, August 16th. They noted that the move was a valuation call. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of JPMorgan Chase & Co. in a research note on Tuesday, September 27th. Finally, BMO Capital Markets cut shares of JPMorgan Chase & Co. from an “outperform” rating to a “market perform” rating in a report on Monday, October 17th. They noted that the move was a valuation call. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $72.43.

Shares of JPMorgan Chase & Co. (NYSE:JPM) traded up 0.05% on Friday, hitting $76.69. The stock had a trading volume of 27,574,323 shares. JPMorgan Chase & Co. has a one year low of $52.50 and a one year high of $77.25. The company’s 50 day moving average is $68.61 and its 200 day moving average is $65.29. The stock has a market cap of $274.38 billion, a PE ratio of 13.23 and a beta of 1.51.

The company also recently declared a quarterly dividend, which was paid on Monday, October 31st. Investors of record on Thursday, October 6th were paid a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 2.50%. The ex-dividend date was Tuesday, October 4th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 33.10%.

In related news, General Counsel Stacey Friedman sold 2,099 shares of JPMorgan Chase & Co. stock in a transaction on Wednesday, October 26th. The shares were sold at an average price of $69.03, for a total transaction of $144,893.97. Following the sale, the general counsel now owns 4,752 shares of the company’s stock, valued at approximately $328,030.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Marianne Lake sold 14,083 shares of JPMorgan Chase & Co. stock in a transaction on Monday, October 17th. The stock was sold at an average price of $67.26, for a total transaction of $947,222.58. Following the sale, the chief financial officer now directly owns 16,581 shares in the company, valued at approximately $1,115,238.06. The disclosure for this sale can be found here. Corporate insiders own 0.85% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. Family Firm Inc. increased its stake in JPMorgan Chase & Co. by 0.3% in the second quarter. Family Firm Inc. now owns 3,489 shares of the financial services provider’s stock valued at $217,000 after buying an additional 11 shares during the last quarter. Marshwinds Advisory Co. increased its stake in JPMorgan Chase & Co. by 0.3% in the third quarter. Marshwinds Advisory Co. now owns 4,383 shares of the financial services provider’s stock valued at $292,000 after buying an additional 11 shares during the last quarter. Nadler Financial Group Inc. increased its stake in JPMorgan Chase & Co. by 0.3% in the second quarter. Nadler Financial Group Inc. now owns 5,142 shares of the financial services provider’s stock valued at $320,000 after buying an additional 14 shares during the last quarter. Jackson Grant Investment Advisers Inc. increased its stake in JPMorgan Chase & Co. by 0.7% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 2,014 shares of the financial services provider’s stock valued at $125,000 after buying an additional 14 shares during the last quarter. Finally, Evanson Asset Management LLC increased its stake in JPMorgan Chase & Co. by 0.4% in the second quarter. Evanson Asset Management LLC now owns 4,969 shares of the financial services provider’s stock valued at $309,000 after buying an additional 18 shares during the last quarter. 73.43% of the stock is owned by institutional investors.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment serves consumers and businesses through personal service at bank branches and through automatic teller machines, online, mobile and telephone banking.

5 Day Chart for NYSE:JPM

Receive News & Stock Ratings for JPMorgan Chase & Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase & Co. and related stocks with our FREE daily email newsletter.