Zacks Research Issues Pessimistic Outlook for JPM Earnings

JPMorgan Chase & Co. (NYSE:JPM) – Zacks Research cut their FY2026 EPS estimates for JPMorgan Chase & Co. in a research note issued to investors on Tuesday, June 3rd. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $18.70 per share for the year, down from their previous forecast of $18.74. The consensus estimate for JPMorgan Chase & Co.’s current full-year earnings is $18.10 per share. Zacks Research also issued estimates for JPMorgan Chase & Co.’s Q4 2026 earnings at $4.83 EPS and Q1 2027 earnings at $4.94 EPS.

JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Friday, April 11th. The financial services provider reported $5.07 EPS for the quarter, beating the consensus estimate of $4.63 by $0.44. The business had revenue of $45.30 billion during the quarter, compared to analyst estimates of $43.62 billion. JPMorgan Chase & Co. had a net margin of 20.96% and a return on equity of 16.99%. The company’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the business posted $4.44 EPS.

JPM has been the topic of several other research reports. Piper Sandler reissued a “hold” rating on shares of JPMorgan Chase & Co. in a report on Monday. TD Cowen began coverage on JPMorgan Chase & Co. in a research note on Thursday, May 15th. They issued a “buy” rating and a $305.00 target price on the stock. UBS Group upped their price target on shares of JPMorgan Chase & Co. from $277.00 to $305.00 and gave the stock a “buy” rating in a research report on Thursday, April 17th. Truist Financial increased their price objective on shares of JPMorgan Chase & Co. from $270.00 to $280.00 and gave the stock a “hold” rating in a report on Monday. Finally, Morgan Stanley reissued an “equal weight” rating on shares of JPMorgan Chase & Co. in a research note on Monday. Thirteen investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, JPMorgan Chase & Co. currently has an average rating of “Hold” and an average price target of $267.15.

JPMorgan Chase & Co. Stock Performance

Shares of JPM stock opened at $264.38 on Thursday. The company has a market cap of $734.74 billion, a P/E ratio of 13.39, a PEG ratio of 2.83 and a beta of 1.08. The business has a 50 day moving average of $246.91 and a two-hundred day moving average of $249.59. JPMorgan Chase & Co. has a 52 week low of $190.88 and a 52 week high of $280.25. The company has a quick ratio of 0.89, a current ratio of 0.88 and a debt-to-equity ratio of 1.24.

JPMorgan Chase & Co. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 3rd will be paid a dividend of $1.40 per share. This represents a $5.60 annualized dividend and a yield of 2.12%. The ex-dividend date is Thursday, July 3rd. JPMorgan Chase & Co.’s dividend payout ratio is presently 27.49%.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, CEO Troy L. Rohrbaugh sold 25,000 shares of the company’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $247.02, for a total transaction of $6,175,500.00. Following the completion of the sale, the chief executive officer now directly owns 133,381 shares of the company’s stock, valued at approximately $32,947,774.62. This represents a 15.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robin Leopold sold 1,250 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $246.92, for a total transaction of $308,650.00. Following the sale, the insider now owns 49,127 shares in the company, valued at $12,130,438.84. This represents a 2.48% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 95,594 shares of company stock worth $23,991,061. Corporate insiders own 0.47% of the company’s stock.

Institutional Trading of JPMorgan Chase & Co.

Hedge funds have recently modified their holdings of the business. Geode Capital Management LLC boosted its position in JPMorgan Chase & Co. by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 59,220,603 shares of the financial services provider’s stock worth $14,161,171,000 after acquiring an additional 876,417 shares during the period. Norges Bank acquired a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth approximately $8,310,884,000. Northern Trust Corp grew its position in JPMorgan Chase & Co. by 15.4% during the fourth quarter. Northern Trust Corp now owns 33,845,676 shares of the financial services provider’s stock valued at $8,113,147,000 after purchasing an additional 4,515,147 shares in the last quarter. Bank of New York Mellon Corp increased its stake in JPMorgan Chase & Co. by 1.9% in the 1st quarter. Bank of New York Mellon Corp now owns 24,801,153 shares of the financial services provider’s stock valued at $6,083,723,000 after buying an additional 454,226 shares during the period. Finally, GAMMA Investing LLC raised its holdings in shares of JPMorgan Chase & Co. by 25,861.9% during the first quarter. GAMMA Investing LLC now owns 23,556,011 shares of the financial services provider’s stock worth $5,778,289,000 after acquiring an additional 23,465,278 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. Company Profile

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.