68.57% of the stock of JPMorgan Chase & Co. is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Based on earnings estimates, JPM stock price today JPMorgan Chase & Co. will have a dividend payout ratio of 30.86% next year. This indicates that JPMorgan Chase & Co. will be able to sustain or increase its dividend.

JPMorgan Chase & Co. pays a meaningful dividend of 3.42%, higher than the bottom 25% of all stocks that pay dividends. According to analysts’ DotBig consensus price target of $145.95, JPMorgan Chase & Co. has a forecasted upside of 24.7% from its current price of $117.08.

Jpmorgan Reduces Credit To China’s Tsingshan And Metal Clients Globally

The Motley Fool has no position in any of the stocks mentioned. But we just saw JPMorgan Chase do very well during an unprecedented pandemic, https://dotbig.com/ and NII is starting to surge. The other headwinds are out of the bank’s control, and the business is really quite healthy.

JPMorgan Chase & Co. has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume. JPMorgan Chase & Co. has been the subject of 11 research reports in the past https://www.fxstreet.ru.com/news 90 days, demonstrating strong analyst interest in this stock. While the banking industry could face headwinds in the coming quarters, high-quality companies trading at inexpensive multiples could present fruitful buying opportunities.

• However, rising interest rates offer some support to banks’ top line.
• But with regulatory capital rules constantly changing and seemingly always not in JPMorgan’s favor, the bank expects its required CET1 ratio to rise by 12.5% in 2023 and then perhaps beyond 13% in 2024.
• The bank saw NII grow by $1.3 billion in the second quarter, and the bank did a little more than $29 billion of NII through the first six months of the year.
• Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
• All users should speak with their financial advisor before buying or selling any securities.

Jamie Dimon has an approval rating of 93% among the company’s employees. This puts Jamie Dimon in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Stocks Mentioned

Investors bought stocks in one sector, in particular, as part of the Dow’s relief rally today. You don’t necessarily have to choose between income and growth. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services.

Please log in to your account or sign up in order to add this asset to your watchlist. JPMorgan Chase & Co. said Monday it’s paying an undisclosed sum to acquire Renovite Technologies Inc., a privately-held cloud payments technology company based in Fremont, Calif. and founded in 2015.

But JPMorgan has never failed to rise to a regulatory capital challenge and can build capital very quickly. I am confident the bank will find a way to build excess capital to eventually return to shareholders at more normal levels. Despite the huge provision increase, JPMorgan still generated more than $29 billion in profits in 2020. Its stock has been down more than 29% this year, trading at some of the lowest levels seen since the end of 2020. With the Federal Reserve still aggressively raising interest rates and a lot of economic uncertainty still in the environment, is JPMorgan Chase stock a buy? Bank stocks fell with the broad market in early trades on Monday, as Wall Street absorbed the impact of bearish Consumer Price Index data. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Dividend Summary

At these valuations, I think JPMorgan is a good long-term buy and hold. The outflows will fuel a debate about how the Fed’s inflation-calming moves are going to play out in the banking system. The dearth of dealmaking at major banks is leading to layoffs, with Goldman Sachs planning to cut hundreds of jobs this month. JPMorgan Chase & Co Chief Operating Officer Daniel Pinto said he’s reluctant to shed talent right JP Morgan stock price today away and instead may look to pick up bankers let go by other firms as inflation feeds talk of layoffs an… Speakers Include Larry Fink, Dr. Ben S. Bernanke, Larry Summers, and Philippe Laffont, interviewed by Mary Callahan Erdoes New Learning from Legends tactical investment sessions offer actionable advice … Only 51 people have added JPMorgan Chase & Co. to their MarketBeat watchlist in the last 30 days.

Nyse: Jpm

JPMorgan Chase and Bank of America , the two largest U.S. banks by assets, expressed caution about job cuts in contrast with Goldman Sachs, where hundreds of layoffs could start as early this month. JPMorgan Chase & Co has reduced lending to China’s Tsingshan, one of the world’s DotBig top nickel producers, while also paring back credit to other customers in Europe and Asia after a review of risk, sources… Sign Up NowGet this delivered to your inbox, and more info about our products and services. Chief Executive Officer Jamie Dimon on Glassdoor.com.

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Please review its website terms, privacy and security policies to see how they apply to you. JPMorgan Chase & Co. isn’t responsible for (and doesn’t provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the JPMorgan Chase & Co. name. A rise in interest rates driven https://dotbig.com/markets/stocks/JPM/ by a coronavirus vaccine could spur a rally in bank stocks. The stocks rallied after large banks reported strong earnings this morning. JPMorgan Chase & Co.’s investment-banking fees may fall by half in the third quarter as clients stay on the sidelines amid uncertainty around inflation, Federal Reserve interest-rate hikes and the poten…

3.53% during the next 3 months and, with a 90% probability hold a price between $118.36 and $129.56 at the end of this 3-month period. JPMorgan Chase is barging into the point-of-sale payments business. Many economists and experts are expecting a recession sometime in the near future. The stock has struggled this year along with most of the sector. Yahoo Finance anchor Julie Hyman reports the latest notable business headlines include the fraud-led trial of Former Nikola CEO starting on Monday, Visa joining Mastercard in plans to separately categor… In 2021, JPM’s revenue was $121.65 billion, an increase of 1.42% compared to the previous year’s $119.95 billion. © 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more. JPMorgan Chase & Co. declared a quarterly dividend on Monday, May 16th. Investors of record on Wednesday, July 6th will be given a dividend of $1.00 per share on Sunday, July 31st.