Media headlines about JPMorgan Chase & Co. (NYSE:JPM) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, 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 assigned headlines about the financial services provider an impact score of 46.6919725920436 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
Several brokerages recently commented on JPM. BMO Capital Markets reiterated a “hold” rating and issued a $110.00 price objective on shares of JPMorgan Chase & Co. in a research note on Friday, April 13th. Morgan Stanley reduced their price objective on shares of JPMorgan Chase & Co. from $138.00 to $135.00 and set an “overweight” rating for the company in a research note on Monday, April 30th. ValuEngine cut shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Nomura raised their price objective on shares of JPMorgan Chase & Co. from $113.00 to $117.00 and gave the company a “neutral” rating in a research note on Wednesday, February 28th. Finally, Zacks Investment Research cut shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating in a research note on Tuesday, March 20th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and fourteen have assigned a buy rating to the stock. JPMorgan Chase & Co. has a consensus rating of “Hold” and a consensus price target of $112.75.
Shares of JPMorgan Chase & Co. traded down $0.52, reaching $112.49, during midday trading on Wednesday, according to Marketbeat. 11,453,615 shares of the stock were exchanged, compared to its average volume of 15,197,666. The company has a market cap of $384.89 billion, a PE ratio of 16.37, a price-to-earnings-growth ratio of 1.86 and a beta of 1.24. JPMorgan Chase & Co. has a 52-week low of $81.64 and a 52-week high of $119.33. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.01 and a quick ratio of 1.01.
JPMorgan Chase & Co. (NYSE:JPM) last issued its quarterly earnings results on Friday, April 13th. The financial services provider reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.28 by $0.09. The business had revenue of $27.90 billion during the quarter, compared to the consensus estimate of $27.73 billion. JPMorgan Chase & Co. had a net margin of 22.53% and a return on equity of 12.60%. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.65 earnings per share. analysts anticipate that JPMorgan Chase & Co. will post 9.05 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 31st. Stockholders of record on Friday, July 6th will be issued a dividend of $0.56 per share. The ex-dividend date of this dividend is Thursday, July 5th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.99%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 32.61%.
In other news, Director Todd A. Combs purchased 13,000 shares of the stock in a transaction dated Monday, May 14th. The stock was acquired at an average cost of $114.61 per share, for a total transaction of $1,489,930.00. Following the completion of the acquisition, the director now directly owns 18,277 shares in the company, valued at approximately $2,094,726.97. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mellody L. Hobson purchased 18,000 shares of the stock in a transaction dated Monday, April 16th. The shares were purchased at an average price of $111.05 per share, with a total value of $1,998,900.00. Following the completion of the acquisition, the director now owns 864 shares of the company’s stock, valued at $95,947.20. The disclosure for this purchase can be found here. Insiders own 0.73% of the company’s stock.
JPMorgan Chase & Co. Company Profile
JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.
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