J P Morgan Chase & Co (JPM) Receiving Somewhat Positive Media Coverage, Analysis Shows

News articles about J P Morgan Chase & Co (NYSE:JPM) have trended somewhat positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. J P Morgan Chase & Co earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.0177120954504 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Shares of J P Morgan Chase & Co (NYSE:JPM) opened at $97.86 on Tuesday. The firm has a market cap of $339,550.00, a price-to-earnings ratio of 14.05, a P/E/G ratio of 2.12 and a beta of 1.22. J P Morgan Chase & Co has a fifty-two week low of $76.88 and a fifty-two week high of $102.42. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.37.

J P Morgan Chase & Co (NYSE:JPM) last released its quarterly earnings results on Thursday, October 12th. The financial services provider reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.09. The business had revenue of $25.33 billion for the quarter, compared to analysts’ expectations of $24.91 billion. J P Morgan Chase & Co had a net margin of 24.08% and a return on equity of 11.68%. The firm’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.58 earnings per share. equities analysts expect that J P Morgan Chase & Co will post 6.91 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Friday, October 6th were given a dividend of $0.56 per share. The ex-dividend date of this dividend was Thursday, October 5th. This represents a $2.24 annualized dividend and a yield of 2.29%. This is a positive change from J P Morgan Chase & Co’s previous quarterly dividend of $0.50. J P Morgan Chase & Co’s dividend payout ratio (DPR) is currently 32.14%.

JPM has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of J P Morgan Chase & Co in a research note on Wednesday, October 11th. Deutsche Bank AG downgraded shares of J P Morgan Chase & Co from a “buy” rating to a “hold” rating and raised their target price for the company from $90.00 to $96.00 in a research note on Tuesday, September 26th. Robert W. Baird reaffirmed a “hold” rating and issued a $88.00 target price on shares of J P Morgan Chase & Co in a research note on Thursday, September 21st. Zacks Investment Research downgraded shares of J P Morgan Chase & Co from a “buy” rating to a “hold” rating in a research note on Tuesday, August 29th. Finally, Vetr raised shares of J P Morgan Chase & Co from a “hold” rating to a “buy” rating and set a $93.14 target price on the stock in a research note on Wednesday, September 6th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and sixteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $91.83.

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In other J P Morgan Chase & Co news, General Counsel Stacey Friedman sold 2,099 shares of the firm’s stock in a transaction on Thursday, October 26th. The stock was sold at an average price of $101.96, for a total transaction of $214,014.04. Following the completion of the transaction, the general counsel now owns 15,279 shares of the company’s stock, valued at $1,557,846.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.88% of the company’s stock.

J P Morgan 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.

Insider Buying and Selling by Quarter for J P Morgan Chase & Co (NYSE:JPM)

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