News stories about J P Morgan Chase & Co (NYSE:JPM) have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. J P Morgan Chase & Co earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.6978580388916 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- J P Morgan Chase & Co (JPM) Now Covered by Wells Fargo & Company (americanbankingnews.com)
- Shoppers have many high-end card options, but for how long? (marketbeat.com)
- J.P. Morgan upgrades U.S. 2nd qtr GDP view to 2.6 percent (feeds.reuters.com)
- Jamie Dimon Weighs In On US Tax System And Infrastructure – Benzinga (benzinga.com)
- US drops charges in another high-profile Wall Street case – Reuters (reuters.com)
Shares of J P Morgan Chase & Co (NYSE JPM) traded down 0.16% during midday trading on Wednesday, hitting $93.53. 11,214,366 shares of the stock traded hands. J P Morgan Chase & Co has a 12-month low of $64.86 and a 12-month high of $94.51. The stock has a market cap of $329.13 billion, a price-to-earnings ratio of 13.80 and a beta of 1.19. The company’s 50 day moving average price is $91.05 and its 200-day moving average price is $88.16.
J P Morgan Chase & Co (NYSE:JPM) last issued its quarterly earnings results on Friday, July 14th. The financial services provider reported $1.82 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.59 by $0.23. The company had revenue of $25.50 billion for the quarter, compared to analyst estimates of $24.38 billion. J P Morgan Chase & Co had a net margin of 24.13% and a return on equity of 11.53%. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.55 earnings per share. On average, equities research analysts expect that J P Morgan Chase & Co will post $6.81 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Thursday, July 6th were paid a dividend of $0.50 per share. The ex-dividend date was Monday, July 3rd. This represents a $2.00 dividend on an annualized basis and a yield of 2.14%. J P Morgan Chase & Co’s dividend payout ratio (DPR) is presently 29.59%.
JPM has been the subject of several research reports. Vetr raised shares of J P Morgan Chase & Co from a “buy” rating to a “strong-buy” rating and set a $97.82 price objective for the company in a report on Wednesday, April 12th. Vining Sparks raised shares of J P Morgan Chase & Co to an “outperform” rating and set a $95.00 price objective for the company in a report on Thursday, April 27th. Zacks Investment Research raised shares of J P Morgan Chase & Co from a “hold” rating to a “buy” rating and set a $103.00 price objective for the company in a report on Tuesday, July 18th. Bank of America Corporation reissued an “outperform” rating and set a $99.00 price objective on shares of J P Morgan Chase & Co in a report on Wednesday, June 21st. Finally, Credit Suisse Group decreased their price objective on shares of J P Morgan Chase & Co from $102.00 to $99.00 and set an “outperform” rating for the company in a report on Thursday, June 29th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twenty have given a buy rating to the company’s stock. J P Morgan Chase & Co presently has an average rating of “Hold” and a consensus price target of $84.71.
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In other J P Morgan Chase & Co news, insider Ashley Bacon sold 6,514 shares of the business’s stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $87.21, for a total transaction of $568,085.94. Following the sale, the insider now directly owns 47,384 shares in the company, valued at $4,132,358.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nicole Giles sold 1,000 shares of the business’s stock in a transaction dated Tuesday, July 18th. The stock was sold at an average price of $91.29, for a total transaction of $91,290.00. Following the sale, the insider now owns 3,783 shares in the company, valued at $345,350.07. The disclosure for this sale can be found here. Insiders have sold 25,110 shares of company stock worth $2,270,818 over the last quarter. Insiders own 0.85% of the company’s stock.
About J P Morgan Chase & Co
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.
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