JPMorgan Chase & Co. (NYSE:JPM) is set to announce its earnings results before the market opens on Friday, January 12th. Analysts expect the company to announce earnings of $1.69 per share for the quarter.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Thursday, October 12th. The financial services provider reported $1.76 EPS for the quarter, beating the consensus estimate of $1.67 by $0.09. The company had revenue of $25.33 billion during the quarter, compared to analysts’ expectations of $24.91 billion. JPMorgan Chase & Co. had a net margin of 24.08% and a return on equity of 11.68%. The business’s revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.58 EPS. On average, analysts expect JPMorgan Chase & Co. to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

JPMorgan Chase & Co. (NYSE JPM) opened at $109.04 on Friday. The company has a market cap of $378,340.00, a P/E ratio of 15.64, a PEG ratio of 2.11 and a beta of 1.22. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.37. JPMorgan Chase & Co. has a 12-month low of $81.64 and a 12-month high of $110.03.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, January 5th will be given a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 2.05%. The ex-dividend date is Thursday, January 4th. JPMorgan Chase & Co.’s payout ratio is presently 32.14%.

In other JPMorgan Chase & Co. news, General Counsel Stacey Friedman sold 2,099 shares of the business’s stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of $101.96, for a total transaction of $214,014.04. Following the sale, the general counsel now directly owns 15,279 shares of the company’s stock, valued at approximately $1,557,846.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.88% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of JPM. Tanaka Capital Management Inc. grew its holdings in JPMorgan Chase & Co. by 15.3% during the 2nd quarter. Tanaka Capital Management Inc. now owns 1,994 shares of the financial services provider’s stock worth $182,000 after acquiring an additional 264 shares during the last quarter. Hanson McClain Inc. boosted its stake in shares of JPMorgan Chase & Co. by 33.5% in the 2nd quarter. Hanson McClain Inc. now owns 2,051 shares of the financial services provider’s stock valued at $187,000 after purchasing an additional 515 shares during the last quarter. Merriman Wealth Management LLC bought a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter valued at $212,000. Westside Investment Management Inc. boosted its stake in shares of JPMorgan Chase & Co. by 3.8% in the 2nd quarter. Westside Investment Management Inc. now owns 2,312 shares of the financial services provider’s stock valued at $215,000 after purchasing an additional 84 shares during the last quarter. Finally, Torray LLC bought a new stake in shares of JPMorgan Chase & Co. in the 2nd quarter valued at $217,000. 73.75% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently commented on JPM shares. Vetr cut shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and set a $93.14 target price for the company. in a research report on Tuesday, September 12th. Jefferies Group restated a “buy” rating and issued a $102.00 target price on shares of JPMorgan Chase & Co. in a research report on Friday, September 15th. Robert W. Baird restated a “hold” rating and issued a $88.00 target price on shares of JPMorgan Chase & Co. in a research report on Thursday, September 21st. Deutsche Bank cut shares of JPMorgan Chase & Co. from a “buy” rating to a “hold” rating and boosted their target price for the company from $90.00 to $96.00 in a research report on Tuesday, September 26th. Finally, Citigroup boosted their target price on shares of JPMorgan Chase & Co. from $90.00 to $96.00 and gave the company a “neutral” rating in a research report on Friday, October 6th. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seventeen have assigned a buy rating to the stock. JPMorgan Chase & Co. has a consensus rating of “Hold” and an average price target of $93.28.

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JPMorgan 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.

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

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