Brokerages forecast that JPMorgan Chase & Co. (NYSE:JPM) will announce earnings of $2.26 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for JPMorgan Chase & Co.’s earnings. The highest EPS estimate is $2.43 and the lowest is $2.14. JPMorgan Chase & Co. reported earnings per share of $1.65 during the same quarter last year, which would suggest a positive year-over-year growth rate of 37%. The company is expected to issue its next quarterly earnings report on Thursday, April 12th.

According to Zacks, analysts expect that JPMorgan Chase & Co. will report full-year earnings of $8.90 per share for the current year, with EPS estimates ranging from $8.49 to $9.40. For the next year, analysts anticipate that the business will report earnings of $9.67 per share, with EPS estimates ranging from $8.97 to $10.70. Zacks’ earnings per share averages are an average based on a survey of research analysts that cover JPMorgan Chase & Co..

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JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Friday, January 12th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.69 by $0.07. JPMorgan Chase & Co. had a net margin of 21.46% and a return on equity of 11.63%. The company had revenue of $24.15 billion for the quarter, compared to analysts’ expectations of $24.87 billion. During the same period in the prior year, the business earned $1.71 EPS. The firm’s quarterly revenue was up 3.3% on a year-over-year basis.

Several research analysts have issued reports on the stock. Nomura set a $115.00 target price on shares of JPMorgan Chase & Co. and gave the stock a “neutral” rating in a report on Friday, January 12th. Buckingham Research upgraded shares of JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating in a report on Thursday, December 21st. Vetr upgraded shares of JPMorgan Chase & Co. from a “strong sell” rating to a “sell” rating and set a $102.07 target price on the stock in a report on Tuesday, February 6th. Argus raised their price target on shares of JPMorgan Chase & Co. from $109.00 to $125.00 and gave the company a “buy” rating in a report on Friday, January 12th. Finally, Keefe, Bruyette & Woods upgraded shares of JPMorgan Chase & Co. from a “market perform” rating to an “outperform” rating and set a $127.00 price target on the stock in a report on Tuesday, February 13th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and fifteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $110.82.

JPMorgan Chase & Co. (JPM) opened at $118.04 on Monday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.24. JPMorgan Chase & Co. has a 1-year low of $81.64 and a 1-year high of $119.33. The stock has a market cap of $409,570.00, a PE ratio of 17.18, a price-to-earnings-growth ratio of 1.99 and a beta of 1.18.

In related news, insider Peter Scher sold 26,532 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $113.42, for a total value of $3,009,259.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James S. Crown bought 7,280 shares of the stock in a transaction that occurred on Thursday, January 18th. The stock was bought at an average price of $113.37 per share, with a total value of $825,333.60. Following the completion of the purchase, the director now directly owns 305,875 shares in the company, valued at $34,677,048.75. The disclosure for this purchase can be found here. Insiders sold a total of 152,047 shares of company stock valued at $17,098,115 over the last quarter. 0.88% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. ADAMCAPITAL Gestao de Recursos Ltda. purchased a new position in JPMorgan Chase & Co. during the 4th quarter worth approximately $262,139,000. Certified Advisory Corp purchased a new position in shares of JPMorgan Chase & Co. during the 4th quarter valued at approximately $259,000. Ackerman Capital Advisors LLC purchased a new position in shares of JPMorgan Chase & Co. during the 4th quarter valued at approximately $399,000. Wagner Wealth Management LLC purchased a new position in shares of JPMorgan Chase & Co. during the 4th quarter valued at approximately $454,000. Finally, D.B. Root & Company LLC purchased a new position in shares of JPMorgan Chase & Co. during the 4th quarter valued at approximately $302,000. 72.83% of the stock is owned by institutional investors.

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About JPMorgan Chase & Co.

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 offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.

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

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