Media headlines about JPMorgan Chase & Co. (NYSE:JPM) have been trending somewhat positive recently, Accern reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. JPMorgan Chase & Co. earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.6508849538545 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
Shares of JPMorgan Chase & Co. opened at $103.61 on Thursday, according to MarketBeat. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $355.59 billion, a P/E ratio of 15.08, a PEG ratio of 1.72 and a beta of 1.20. JPMorgan Chase & Co. has a 52-week low of $88.08 and a 52-week high of $119.33.
JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings results on Friday, April 13th. The financial services provider reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.28 by $0.09. The firm had revenue of $27.90 billion during the quarter, compared to analyst estimates of $27.73 billion. JPMorgan Chase & Co. had a return on equity of 12.60% and a net margin of 22.53%. JPMorgan Chase & Co.’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.65 earnings per share. analysts anticipate that JPMorgan Chase & Co. will post 9.03 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 31st. Shareholders of record on Friday, July 6th will be issued a dividend of $0.56 per share. The ex-dividend date is Thursday, July 5th. This represents a $2.24 dividend on an annualized basis and a yield of 2.16%. JPMorgan Chase & Co.’s dividend payout ratio is currently 32.61%.
Several equities research analysts have weighed in on the company. Zacks Investment Research raised JPMorgan Chase & Co. from a “hold” rating to a “buy” rating and set a $129.00 price objective on the stock in a research note on Monday, March 19th. Credit Suisse Group boosted their target price on JPMorgan Chase & Co. from $125.00 to $127.00 and gave the company an “outperform” rating in a research report on Monday, March 19th. Vetr upgraded JPMorgan Chase & Co. from a “sell” rating to a “hold” rating and set a $111.60 target price for the company in a research report on Thursday, March 8th. HSBC assumed coverage on JPMorgan Chase & Co. in a research report on Wednesday, April 11th. They set a “hold” rating and a $111.00 target price for the company. Finally, Edward Jones upgraded JPMorgan Chase & Co. from a “hold” rating to a “buy” rating in a research report on Thursday, March 22nd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and fourteen have given a buy rating to the stock. JPMorgan Chase & Co. has an average rating of “Hold” and an average price target of $114.06.
In related news, Director Chase & Co Jpmorgan bought 22,000 shares of the stock in a transaction on Thursday, May 31st. The stock was bought at an average price of $1,000.00 per share, for a total transaction of $22,000,000.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Todd A. Combs bought 13,000 shares of the stock in a transaction on Monday, May 14th. The shares were bought at an average price of $114.61 per share, with a total value of $1,489,930.00. Following the acquisition, the director now owns 18,277 shares of the company’s stock, valued at $2,094,726.97. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 53,000 shares of company stock valued at $25,488,830. 0.73% of the stock is owned by company insiders.
About JPMorgan Chase & Co.
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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