Equities analysts predict that JPMorgan Chase & Co. (NYSE:JPM) will announce earnings of $2.23 per share for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for JPMorgan Chase & Co.’s earnings. The lowest EPS estimate is $2.10 and the highest is $2.30. JPMorgan Chase & Co. reported earnings per share of $1.76 in the same quarter last year, which suggests a positive year-over-year growth rate of 26.7%. The company is expected to report its next quarterly earnings report on Friday, January 11th.

On average, analysts expect that JPMorgan Chase & Co. will report full-year earnings of $9.25 per share for the current fiscal year, with EPS estimates ranging from $9.10 to $9.31. For the next year, analysts expect that the company will report earnings of $10.06 per share, with EPS estimates ranging from $9.82 to $10.41. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover JPMorgan Chase & Co..

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings data on Friday, October 12th. The financial services provider reported $2.34 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.10. JPMorgan Chase & Co. had a return on equity of 13.90% and a net margin of 23.39%. The business had revenue of $27.26 billion during the quarter, compared to analysts’ expectations of $27.20 billion. During the same quarter last year, the business posted $1.76 EPS.

JPM has been the subject of several research reports. Zacks Investment Research lowered JPMorgan Chase & Co. from a “buy” rating to a “hold” rating in a research report on Wednesday, November 21st. ValuEngine lowered JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a research report on Thursday. Credit Suisse Group decreased their target price on JPMorgan Chase & Co. from $130.00 to $128.00 and set an “outperform” rating for the company in a research report on Friday. Citigroup increased their target price on JPMorgan Chase & Co. from $115.00 to $125.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 26th. Finally, Wolfe Research initiated coverage on JPMorgan Chase & Co. in a research report on Tuesday, September 25th. They issued an “outperform” rating for the company. One analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $123.64.

NYSE JPM traded down $1.90 on Friday, hitting $103.29. The company’s stock had a trading volume of 19,246,566 shares, compared to its average volume of 13,625,635. JPMorgan Chase & Co. has a 52-week low of $102.20 and a 52-week high of $119.33. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $361.01 billion, a P/E ratio of 15.03, a price-to-earnings-growth ratio of 1.70 and a beta of 1.10.

In related news, Director Mellody L. Hobson acquired 1,150 shares of JPMorgan Chase & Co. stock in a transaction that occurred on Friday, October 19th. The stock was bought at an average price of $108.94 per share, with a total value of $125,281.00. Following the transaction, the director now directly owns 2,632 shares in the company, valued at $286,730.08. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.73% of the stock is owned by company insiders.

A number of hedge funds have recently bought and sold shares of the stock. Arlington Partners LLC increased its holdings in shares of JPMorgan Chase & Co. by 126.6% in the 3rd quarter. Arlington Partners LLC now owns 895 shares of the financial services provider’s stock worth $101,000 after purchasing an additional 500 shares in the last quarter. Investment Partners LTD. increased its holdings in shares of JPMorgan Chase & Co. by 12.5% in the 3rd quarter. Investment Partners LTD. now owns 21,950 shares of the financial services provider’s stock worth $113,000 after purchasing an additional 2,436 shares in the last quarter. Quad Cities Investment Group LLC bought a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter worth $124,000. O Brien Wealth Partners LLC increased its holdings in shares of JPMorgan Chase & Co. by 1,120.9% in the 3rd quarter. O Brien Wealth Partners LLC now owns 1,111 shares of the financial services provider’s stock worth $125,000 after purchasing an additional 1,020 shares in the last quarter. Finally, Ballew Advisors Inc increased its holdings in shares of JPMorgan Chase & Co. by 104.2% in the 2nd quarter. Ballew Advisors Inc now owns 1,213 shares of the financial services provider’s stock worth $126,000 after purchasing an additional 619 shares in the last quarter. 70.26% of the stock is owned by institutional investors.

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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Earnings History and Estimates for JPMorgan Chase & Co. (NYSE:JPM)

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