Earnings and Growth Analysis : JPMorgan Chase & Co. (NYSE:JPM)

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

J P Morgan Chase & Co is expected* to report earnings on 10/13/2021 before market open. The report will be for the fiscal Quarter ending Sep 2021. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $2.99. The reported EPS for the same quarter last year was $2.92.

JPMorgan Chase & Co. last announced its quarterly earnings data on July 12th, 2021. The financial services provider reported $3.78 EPS for the quarter, topping the consensus estimate of $3.09 by $0.69. The firm earned $30.50 billion during the quarter, compared to analyst estimates of $29.71 billion. Its revenue for the quarter was down 7.9% compared to the same quarter last year. JPMorgan Chase & Co. has generated $8.88 earnings per share over the last year ($14.99 diluted earnings per share) and currently has a price-to-earnings ratio of 11.1. Earnings for JPMorgan Chase & Co. are expected to decrease by -14.16% in the coming year, from $14.05 to $12.06 per share. JPMorgan Chase & Co. has confirmed that its next quarterly earnings report will be published on Wednesday, October 13th, 2021. JPMorgan Chase & Co. will be holding an earnings conference call on Wednesday, October 13th at 8:30 AM Eastern. Interested parties can .

Analyst Opinion on JPMorgan Chase & Co. (NYSE:JPM)

According to the issued ratings of 18 analysts in the last year, the consensus rating for JPMorgan Chase & Co. stock is Buy based on the current 1 sell rating, 5 hold ratings and 12 buy ratings for JPM. The average twelve-month price target for JPMorgan Chase & Co. is $168.00 with a high price target of $200.00 and a low price target of $125.00.

on JPM’s analyst rating history

JPMorgan Chase & Co. has received a consensus rating of Buy. The company’s average rating score is 2.61, and is based on 12 buy ratings, 5 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $168.00, JPMorgan Chase & Co. has a forecasted upside of 0.8% from its current price of $166.64. JPMorgan Chase & Co. has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: JPMorgan Chase & Co. (NYSE:JPM)

JPMorgan Chase & Co. pays a meaningful dividend of 2.35%, higher than the bottom 25% of all stocks that pay dividends. JPMorgan Chase & Co. has only been increasing its dividend for 1 years. The dividend payout ratio of JPMorgan Chase & Co. is 45.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, JPMorgan Chase & Co. will have a dividend payout ratio of 33.17% next year. This indicates that JPMorgan Chase & Co. will be able to sustain or increase its dividend.

Insiders buying/selling: JPMorgan Chase & Co. (NYSE:JPM)

In the past three months, JPMorgan Chase & Co. insiders have not sold or bought any company stock. Only 0.79% of the stock of JPMorgan Chase & Co. is held by insiders. 69.67% of the stock of JPMorgan Chase & Co. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of JPMorgan Chase & Co. (NYSE:JPM

Earnings for JPMorgan Chase & Co. are expected to decrease by -14.16% in the coming year, from $14.05 to $12.06 per share. The P/E ratio of JPMorgan Chase & Co. is 11.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.63. The P/E ratio of JPMorgan Chase & Co. is 11.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.49. JPMorgan Chase & Co. has a PEG Ratio of 2.24. PEG Ratios above 1 indicate that a company could be overvalued. JPMorgan Chase & Co. has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

More latest stories: here