News articles about JPMorgan Chase & Co. (NYSE:JPM) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. JPMorgan Chase & Co. earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.3819154833798 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
JPM has been the subject of several recent research reports. Buckingham Research raised JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating in a research report on Thursday, December 21st. Wells Fargo set a $120.00 price objective on JPMorgan Chase & Co. and gave the company a “buy” rating in a research report on Wednesday, December 20th. Royal Bank of Canada reissued a “buy” rating on shares of JPMorgan Chase & Co. in a research report on Friday, December 8th. Credit Suisse Group raised JPMorgan Chase & Co. to a “buy” rating and set a $120.00 price objective for the company in a research report on Friday, January 5th. Finally, Vining Sparks reissued a “buy” rating and set a $120.00 price objective on shares of JPMorgan Chase & Co. in a research report on Friday, January 12th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $112.14.
JPM stock traded down $2.94 on Friday, hitting $107.01. The stock had a trading volume of 23,076,492 shares, compared to its average volume of 14,583,954. 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 stock has a market cap of $377,343.88, a price-to-earnings ratio of 16.99, a PEG ratio of 1.86 and a beta of 1.18. JPMorgan Chase & Co. has a 12-month low of $81.64 and a 12-month high of $119.33.
JPMorgan Chase & Co. (NYSE:JPM) last posted its quarterly earnings results on Friday, January 12th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.07. The firm had revenue of $24.15 billion during the quarter, compared to analyst estimates of $24.87 billion. JPMorgan Chase & Co. had a return on equity of 11.63% and a net margin of 21.46%. JPMorgan Chase & Co.’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.71 EPS. equities analysts anticipate that JPMorgan Chase & Co. will post 8.89 EPS 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 given a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend is Thursday, April 5th. JPMorgan Chase & Co.’s dividend payout ratio is presently 35.56%.
In related news, EVP Peter Scher sold 17,057 shares of JPMorgan Chase & Co. stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $112.20, for a total value of $1,913,795.40. Following the completion of the sale, the executive vice president now directly owns 15,310 shares in the company, valued at approximately $1,717,782. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Mary E. Erdoes sold 65,101 shares of JPMorgan Chase & Co. stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $112.25, for a total value of $7,307,587.25. Following the completion of the sale, the chief executive officer now owns 479,882 shares of the company’s stock, valued at $53,866,754.50. The disclosure for this sale 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 corporate insiders.
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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 offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.
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