A number of firms have modified their ratings and price targets on shares of JPMorgan Chase & Co. (NYSE: JPM) recently:

  • 1/8/2019 – JPMorgan Chase & Co. had its price target lowered by analysts at Morgan Stanley from $131.00 to $124.00. They now have an “overweight” rating on the stock.
  • 1/8/2019 – JPMorgan Chase & Co. was downgraded by analysts at Jefferies Financial Group Inc from a “buy” rating to a “hold” rating. They now have a $101.20 price target on the stock.
  • 1/2/2019 – JPMorgan Chase & Co. had its price target raised by analysts at Barclays PLC from $135.00 to $140.00. They now have an “overweight” rating on the stock.
  • 1/2/2019 – JPMorgan Chase & Co. was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 12/31/2018 – JPMorgan Chase & Co. had its “hold” rating reaffirmed by analysts at Zacks Investment Research. According to Zacks, “JPMorgan's shares have outperformed the industry over the past three months. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. Expansion into new markets, focus on strengthening the card business, rising rate environment, strong balance sheet position and increasing loan demand will benefit the bank’s financials. However, dismal mortgage banking performance (mainly due to lower origination volume) remains a major near-term concern. This is expected to hurt the bank's non-interest income growth to some extent.”
  • 12/20/2018 – JPMorgan Chase & Co. had its “buy jpm” rating reaffirmed by analysts at Wells Fargo & Co.
  • 12/19/2018 – JPMorgan Chase & Co. was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “JPMorgan's shares have marginally outperformed the industry over the past three months. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. While expansion into new markets, focus on strengthening the card business, rising rate environment, strong balance sheet position and increasing loan demand will benefit the bank’s financials, dismal mortgage banking performance (mainly due to lower origination volume) remains a major near-term concern. This is expected to hurt the bank's non-interest income growth to some extent.”
  • 12/19/2018 – JPMorgan Chase & Co. was downgraded by analysts at Atlantic Securities from an “overweight” rating to a “neutral” rating.
  • 12/13/2018 – JPMorgan Chase & Co. was downgraded by analysts at Keefe, Bruyette & Woods from an “overweight” rating to a “market perform” rating.
  • 12/11/2018 – JPMorgan Chase & Co. was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $114.00 price target on the stock. According to Zacks, “JPMorgan's shares have outperformed the industry over the past six months. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. Expansion into new markets, focus on strengthening the card business, rising rate environment and increasing loan demand will benefit the bank’s financials. Also, lower tax rates, strong balance sheet position and easing of stringent regulations are expected to offer some support. However, dismal mortgage banking performance (as originations continue to decline) remains a major concern. This is expected to hurt the bank's non-interest income growth to some extent. Nevertheless, JPMorgan continues to enhance shareholders' value through steady capital deployment activities.”
  • 12/10/2018 – JPMorgan Chase & Co. was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “JPMorgan's shares have outperformed the industry over the past six months. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. Expansion into new markets, focus on strengthening the card business, rising rate environment and increasing loan demand will benefit the bank’s financials. Also, lower tax rates, strong balance sheet position and easing of stringent regulations are expected to offer some support. However, dismal mortgage banking performance (as originations continue to decline) remains a major concern. This is expected to hurt the bank's non-interest income growth to some extent.”
  • 12/7/2018 – JPMorgan Chase & Co. had its price target lowered by analysts at Credit Suisse Group AG from $130.00 to $128.00. They now have an “outperform” rating on the stock.
  • 12/6/2018 – JPMorgan Chase & Co. was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 12/5/2018 – JPMorgan Chase & Co. was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $126.00 price target on the stock. According to Zacks, “JPMorgan's shares have outperformed the industry over the past six months. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. Expansion into new markets, focus on strengthening the card business, rising rate environment and increasing loan demand will benefit the bank’s financials. Also, lower tax rates, strong balance sheet position and easing of stringent regulations are expected to offer some support. However, dismal mortgage banking performance (as originations continue to decline) remains a major concern. This is expected to hurt the bank's non-interest income growth to some extent. Nevertheless, JPMorgan's steady capital deployment activities continue to enhance investors' confidence in the stock.”
  • 11/22/2018 – JPMorgan Chase & Co. was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $121.00 price target on the stock. According to Zacks, “JPMorgan's shares have outperformed the industry over the past six months. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. Expansion into new markets, focus on strengthening the card business, rising rate environment and increasing loan demand will benefit the bank’s financials. Also, lower tax rates, strong balance sheet position and easing of stringent regulations are expected to offer some support. However, dismal mortgage banking performance (as originations continue to decline) is expected to hurt the bank's non-interest income growth to some extent.”
  • 11/21/2018 – JPMorgan Chase & Co. was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “JPMorgan's shares have outperformed the industry over the past six months. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. Expansion into new markets, focus on strengthening the card business, rising rate environment and increasing loan demand will benefit the bank’s financials. Also, lower tax rates, strong balance sheet position and easing of stringent regulations are expected to offer some support. However, dismal mortgage banking performance (as originations continue to decline) remains a major near-term concern. This is expected to hurt the bank's non-interest income growth to some extent.”
  • 11/16/2018 – JPMorgan Chase & Co. was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $123.00 price target on the stock. According to Zacks, “JPMorgan's shares have outperformed the industry over the past six months. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. Expansion into new markets, focus on strengthening the card business, rising rate environment and increasing loan demand will benefit the bank’s financials. While lower tax rates and easing of stringent regulations are expected to offer some support, dismal mortgage banking performance (as originations continue to decline) remains a major near-term concern. Also, steady capital deployments reflect the company's strong balance sheet position.”
  • 11/15/2018 – JPMorgan Chase & Co. was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “JPMorgan's shares have outperformed the industry over the past six months. Also, the company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing four quarters. Expansion into new markets, focus on strengthening the card business, rising rate environment, increasing loan demand and strong balance sheet will benefit the bank’s financials. Also, lower tax rates and easing of stringent regulations are expected to offer some support. However, dismal mortgage banking performance (as originations continue to decline) remains a major near-term concern. This is expected to hamper non-interest income growth to some extent.”
  • 11/15/2018 – JPMorgan Chase & Co. was given a new $130.00 price target on by analysts at Wells Fargo & Co. They now have a “buy” rating on the stock.

NYSE:JPM opened at $99.91 on Monday. JPMorgan Chase & Co. has a one year low of $91.11 and a one year high of $119.33. The firm has a market capitalization of $344.57 billion, a price-to-earnings ratio of 14.54, a P/E/G ratio of 1.52 and a beta of 1.15. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.01 and a current ratio of 1.01.

JPMorgan Chase & Co. (NYSE:JPM) last released its quarterly earnings data on Friday, October 12th. The financial services provider reported $2.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.24 by $0.10. JPMorgan Chase & Co. had a net margin of 23.39% and a return on equity of 13.90%. The firm had revenue of $27.26 billion for the quarter, compared to the consensus estimate of $27.20 billion. During the same period in the previous year, the company earned $1.76 earnings per share. On average, analysts predict that JPMorgan Chase & Co. will post 9.22 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 31st. Shareholders of record on Friday, January 4th will be issued a $0.80 dividend. The ex-dividend date is Thursday, January 3rd. This represents a $3.20 annualized dividend and a dividend yield of 3.20%. JPMorgan Chase & Co.’s dividend payout ratio is currently 46.58%.

In related news, Director Mellody L. Hobson acquired 1,150 shares of the firm’s stock in a transaction on Friday, October 19th. The shares were purchased at an average cost of $108.94 per share, for a total transaction of $125,281.00. Following the completion of the acquisition, the director now directly owns 2,632 shares in the company, valued at $286,730.08. The purchase was disclosed in a filing with the SEC, which is available at this link. 0.73% of the stock is owned by insiders.

Large investors have recently added to or reduced their stakes in the business. First American Trust FSB boosted its position in shares of JPMorgan Chase & Co. by 0.3% in the fourth quarter. First American Trust FSB now owns 93,938 shares of the financial services provider’s stock valued at $9,171,000 after acquiring an additional 301 shares during the period. Global Trust Asset Management LLC boosted its position in shares of JPMorgan Chase & Co. by 1,282.1% in the fourth quarter. Global Trust Asset Management LLC now owns 4,312 shares of the financial services provider’s stock valued at $421,000 after acquiring an additional 4,000 shares during the period. Sheets Smith Wealth Management boosted its position in shares of JPMorgan Chase & Co. by 11.6% in the fourth quarter. Sheets Smith Wealth Management now owns 26,494 shares of the financial services provider’s stock valued at $2,586,000 after acquiring an additional 2,753 shares during the period. Abner Herrman & Brock LLC boosted its position in shares of JPMorgan Chase & Co. by 1.3% in the fourth quarter. Abner Herrman & Brock LLC now owns 232,400 shares of the financial services provider’s stock valued at $22,687,000 after acquiring an additional 2,980 shares during the period. Finally, New England Research & Management Inc. bought a new stake in shares of JPMorgan Chase & Co. in the fourth quarter valued at about $777,000. Hedge funds and other institutional investors own 70.12% of the company’s stock.

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.

Further Reading: Intrinsic Value and Stock Selection

Receive News & Ratings for JPMorgan Chase & Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Chase & Co and related companies with MarketBeat.com's FREE daily email newsletter.