JPMorgan Chase & Co. (NYSE:JPM) will release its earnings data before the market opens on Friday, January 12th. Analysts expect JPMorgan Chase & Co. to post earnings of $1.69 per share for the quarter.

JPMorgan Chase & Co. (NYSE:JPM) last announced its quarterly earnings data on Thursday, October 12th. The financial services provider reported $1.76 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.67 by $0.09. The firm had revenue of $25.33 billion during the quarter, compared to analysts’ expectations of $24.91 billion. JPMorgan Chase & Co. had a return on equity of 11.68% and a net margin of 24.08%. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.58 EPS. On average, analysts expect JPMorgan Chase & Co. to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

JPMorgan Chase & Co. (JPM) opened at $109.05 on Wednesday. The firm has a market capitalization of $378,370.00, a price-to-earnings ratio of 15.65, a price-to-earnings-growth ratio of 2.04 and a beta of 1.22. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.37. JPMorgan Chase & Co. has a fifty-two week low of $81.64 and a fifty-two week high of $110.03.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Friday, January 5th will be issued a $0.56 dividend. The ex-dividend date of this dividend is Thursday, January 4th. This represents a $2.24 annualized dividend and a yield of 2.05%. JPMorgan Chase & Co.’s dividend payout ratio is presently 32.14%.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 2,099 shares of the company’s stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $101.96, for a total value of $214,014.04. Following the sale, the general counsel now owns 15,279 shares in the company, valued at approximately $1,557,846.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.88% of the company’s stock.

Several institutional investors have recently made changes to their positions in JPM. Janus Henderson Group PLC boosted its position in shares of JPMorgan Chase & Co. by 517.3% during the 2nd quarter. Janus Henderson Group PLC now owns 5,553,819 shares of the financial services provider’s stock valued at $507,632,000 after purchasing an additional 4,654,113 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of JPMorgan Chase & Co. by 29.2% during the 2nd quarter. Alliancebernstein L.P. now owns 17,456,699 shares of the financial services provider’s stock valued at $1,595,542,000 after purchasing an additional 3,945,948 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of JPMorgan Chase & Co. by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 249,887,622 shares of the financial services provider’s stock valued at $22,839,729,000 after purchasing an additional 3,717,683 shares in the last quarter. Parametric Portfolio Associates LLC boosted its position in shares of JPMorgan Chase & Co. by 40.8% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 9,769,017 shares of the financial services provider’s stock valued at $892,886,000 after purchasing an additional 2,828,726 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of JPMorgan Chase & Co. by 27.1% during the 2nd quarter. Principal Financial Group Inc. now owns 10,772,893 shares of the financial services provider’s stock valued at $984,642,000 after purchasing an additional 2,296,713 shares in the last quarter. Institutional investors own 73.76% of the company’s stock.

Several brokerages have weighed in on JPM. Societe Generale cut JPMorgan Chase & Co. from a “buy” rating to a “hold” rating in a report on Tuesday. Credit Suisse Group raised JPMorgan Chase & Co. to a “buy” rating and set a $120.00 price objective for the company in a report on Friday, January 5th. Barclays boosted their price target on JPMorgan Chase & Co. from $105.00 to $132.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. Buckingham Research raised JPMorgan Chase & Co. from a “neutral” rating to a “buy” rating in a report on Thursday, December 21st. Finally, Wells Fargo & Co set a $120.00 price target on JPMorgan Chase & Co. and gave the stock a “buy” rating in a report on Wednesday, December 20th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and sixteen have given a buy rating to the stock. JPMorgan Chase & Co. has an average rating of “Hold” and a consensus target price of $93.63.

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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.

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

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