News stories about JPMorgan Chase & Co. (NYSE:JPM) have trended somewhat positive on Tuesday, Accern reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. JPMorgan Chase & Co. earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.5242208965197 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
JPM has been the subject of several analyst reports. Vetr downgraded JPMorgan Chase & Co. from a “sell” rating to a “strong sell” rating and set a $93.51 price objective for the company. in a research note on Wednesday, January 10th. Zacks Investment Research downgraded JPMorgan Chase & Co. from a “buy” rating to a “hold” rating in a research note on Tuesday, March 6th. Morgan Stanley increased their price objective on JPMorgan Chase & Co. from $133.00 to $136.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 21st. Credit Suisse Group raised JPMorgan Chase & Co. to a “buy” rating and set a $120.00 price objective for the company in a research note on Friday, January 5th. Finally, Vining Sparks reaffirmed a “buy” rating and issued a $120.00 target price on shares of JPMorgan Chase & Co. in a report on Friday, January 12th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and fifteen have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $111.03.
Shares of JPMorgan Chase & Co. (NYSE JPM) traded up $0.11 during midday trading on Tuesday, reaching $114.64. The company’s stock had a trading volume of 9,920,913 shares, compared to its average volume of 15,760,263. JPMorgan Chase & Co. has a 1-year low of $81.64 and a 1-year high of $119.33. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.24. The company has a market capitalization of $396,185.34, a price-to-earnings ratio of 18.20, a price-to-earnings-growth ratio of 1.95 and a beta of 1.18.
JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Friday, January 12th. The financial services provider reported $1.76 EPS for the quarter, topping the Zacks’ consensus estimate of $1.69 by $0.07. JPMorgan Chase & Co. had a return on equity of 11.63% and a net margin of 21.46%. The firm had revenue of $24.15 billion during the quarter, compared to analyst estimates of $24.87 billion. During the same period last year, the company earned $1.71 earnings per share. The business’s revenue for the quarter was up 3.3% on a year-over-year basis. equities research analysts anticipate that JPMorgan Chase & Co. will post 8.9 earnings per share for the current fiscal year.
The business also recently declared 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. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.95%. JPMorgan Chase & Co.’s payout ratio is currently 35.56%.
In related news, insider Peter Scher sold 26,532 shares of the 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James S. Crown acquired 7,280 shares of the stock in a transaction that occurred on Thursday, January 18th. The stock was acquired at an average price of $113.37 per share, for a total transaction of $825,333.60. Following the transaction, the director now directly owns 305,875 shares of the company’s stock, valued at approximately $34,677,048.75. The disclosure for this purchase can be found here. Insiders sold 152,047 shares of company stock valued at $17,098,115 over the last ninety days. Corporate insiders own 0.88% of the company’s stock.
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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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