What is Seaport Res Ptn’s Forecast for JPM Q4 Earnings?

JPMorgan Chase & Co. (NYSE:JPMFree Report) – Seaport Res Ptn cut their Q4 2026 EPS estimates for shares of JPMorgan Chase & Co. in a research report issued on Monday, April 14th. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will post earnings per share of $5.10 for the quarter, down from their previous estimate of $5.16. The consensus estimate for JPMorgan Chase & Co.’s current full-year earnings is $18.10 per share.

JPMorgan Chase & Co. (NYSE:JPMGet Free Report) last released its earnings results on Friday, April 11th. The financial services provider reported $5.07 EPS for the quarter, beating analysts’ consensus estimates of $4.63 by $0.44. JPMorgan Chase & Co. had a return on equity of 16.99% and a net margin of 20.96%. The firm had revenue of $45.30 billion for the quarter, compared to analysts’ expectations of $43.62 billion. During the same quarter in the prior year, the firm posted $4.44 earnings per share. The company’s quarterly revenue was up 8.0% on a year-over-year basis.

Other equities analysts have also issued reports about the stock. Robert W. Baird raised shares of JPMorgan Chase & Co. from an “underperform” rating to a “neutral” rating and raised their target price for the stock from $215.00 to $220.00 in a research report on Friday, March 7th. StockNews.com cut JPMorgan Chase & Co. from a “hold” rating to a “sell” rating in a report on Monday. Wolfe Research upgraded JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $269.00 price objective for the company in a report on Friday, January 3rd. Barclays increased their target price on shares of JPMorgan Chase & Co. from $304.00 to $330.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Finally, Keefe, Bruyette & Woods increased their price objective on shares of JPMorgan Chase & Co. from $257.00 to $264.00 and gave the company a “market perform” rating in a research note on Thursday, January 16th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, JPMorgan Chase & Co. has a consensus rating of “Hold” and an average price target of $254.11.

Read Our Latest Analysis on JPMorgan Chase & Co.

JPMorgan Chase & Co. Stock Down 0.7 %

Shares of JPM opened at $233.04 on Wednesday. The firm has a market capitalization of $648.54 billion, a P/E ratio of 11.81, a P/E/G ratio of 2.83 and a beta of 1.01. JPMorgan Chase & Co. has a 12-month low of $179.20 and a 12-month high of $280.25. The firm has a fifty day moving average price of $247.29 and a 200-day moving average price of $242.36. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 1.24.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Geode Capital Management LLC raised its holdings in shares of JPMorgan Chase & Co. by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 59,220,603 shares of the financial services provider’s stock valued at $14,161,171,000 after acquiring an additional 876,417 shares during the last quarter. Norges Bank acquired a new stake in shares of JPMorgan Chase & Co. in the fourth quarter valued at about $8,310,884,000. Northern Trust Corp boosted its position in JPMorgan Chase & Co. by 15.4% during the fourth quarter. Northern Trust Corp now owns 33,845,676 shares of the financial services provider’s stock worth $8,113,147,000 after acquiring an additional 4,515,147 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of JPMorgan Chase & Co. by 25,861.9% in the first quarter. GAMMA Investing LLC now owns 23,556,011 shares of the financial services provider’s stock valued at $5,778,289,000 after purchasing an additional 23,465,278 shares during the last quarter. Finally, Capital Research Global Investors boosted its stake in JPMorgan Chase & Co. by 9.1% during the fourth quarter. Capital Research Global Investors now owns 22,841,033 shares of the financial services provider’s stock worth $5,475,223,000 after buying an additional 1,914,049 shares during the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

Insider Buying and Selling

In other JPMorgan Chase & Co. news, insider Robin Leopold sold 1,250 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $246.92, for a total value of $308,650.00. Following the completion of the transaction, the insider now directly owns 49,127 shares of the company’s stock, valued at approximately $12,130,438.84. The trade was a 2.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Jennifer Piepszak sold 4,272 shares of JPMorgan Chase & Co. stock in a transaction on Monday, March 24th. The shares were sold at an average price of $247.03, for a total transaction of $1,055,312.16. Following the completion of the transaction, the chief operating officer now directly owns 50,197 shares of the company’s stock, valued at $12,400,164.91. The trade was a 7.84 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 76,848 shares of company stock valued at $19,987,908 over the last quarter. 0.79% of the stock is currently owned by company insiders.

JPMorgan Chase & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 4th will be paid a $1.40 dividend. This represents a $5.60 annualized dividend and a dividend yield of 2.40%. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.25. The ex-dividend date is Friday, April 4th. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is presently 27.49%.

About JPMorgan Chase & Co.

(Get Free Report)

JPMorgan Chase & Co is a financial holding company, which engages in the provision of financial and investment banking services. It focuses on investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It operates through the following segments: Consumer and Community Banking (CCB), Commercial and Investment Bank (CIB), Asset and Wealth Management (AWM), and Corporate.

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

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