JPMorgan's profit beats estimates on increased trading

Apr 14, 2017, 01:17

Analysts mean target price for Square, Inc. JPMorgan Chase & Co. has an average rating of "Buy" and a consensus target price of $80.17. Analysts issue reports which often include a future stock price projection for the stock. Both closed below their 50-day moving averages for the first time since early November. (JPM) Stock now has the market capitalization of $308.9 Billion, P/E (price to earnings ttm) of 13.92 and Weekly volatility of 1.79% and monthly volatility of 1.74% respectively.

03/15/2017 - J P Morgan Chase & Co had its "outperform" rating reiterated by analysts at Credit Suisse.

For the fiscal quarter ending March 2017, the American bank is expected to post $1.24 earnings per share, higher than the previous consensus EPS estimate of $1.11 from the same period a year ago.

The bank's first-quarter profits increased to $6.45bn (£5.1bn), from $5.5bn in the same period in 2016.

JPMorgan shares had dropped 1 percent this year through Wednesday, the second-best performance among the six biggest United States banks.

Average credit card loans at JPMorgan rose to $137.2 billion in the first quarter, compared with $127.3 billion from a year earlier. (NYSE:JPM), stock is trading $93.44 above the 52-week high and has displayed a high EPS growth of 6.70% in last 5 years. Shareholders of record on Thursday, April 6th will be paid a dividend of $0.50 per share. JPMorgan Chase & Co.'s dividend payout ratio (DPR) is presently 31.02%.

On 1/17/2017 Daniel E Pinto, Director, sold 40,433 with an average share price of $84.15 per share and the total transaction amounting to $3,402,436.95. Following the completion of the transaction, the director now directly owns 246,591 shares of the company's stock, valued at approximately $20,750,632.65.

The Stock has Weekly volatility of 1.74% and monthly volatility of 1.74%. Following the completion of the transaction, the insider now directly owns 67,670 shares in the company, valued at approximately $5,694,430.50. The disclosure for this sale can be found here. Markets revenue grew 18%, with equities up 10% and fixed income climbing 19% to $3.62 billion. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Its return on assets (ROA) is -1.70% while return on investment (ROI) is -2.20%.

Gerspach said Trump's election and the expectations of tax cuts and other growth measures had boosted optimism for stronger growth, but "we haven't seen concrete changes yet in policies".

On 3/18/2014 JPMorgan Chase & Co. announced a quarterly dividend of $0.38. The current share price indicates that stock is -8.61% away from its one year high and is moving 53.67% ahead of its 52-week low.

Shares of JPMorgan reversed lower as falling Treasury yields squeezed the yield curve, sending the bank's stock down 0.9% in afternoon trading on the stock market today. The ERP5 Rank may assist investors with spotting companies that are undervalued.

JPMorgan Chase & Co is a financial holding company.

"We have taken significant actions throughout the company to date and we are committed to building a better bank as we move Wells Fargo forward". It operates in four segments, as well as a Corporate segment.

The firm had troubles with its consumer and community banking unit but this offset due to its revenues in commercial banking.

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