Jpmorgan Chase & Co
Jpmorgan Chase & Co is a diversified bank company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker JPM on the NYSE exchange.
Jpmorgan Chase & Co stock last closed at $206.60, down 0.3% from the previous day, and has increased 41.18% in one year. It has overperformed other stocks in the Banks - Diversified industry by 0.14 percentage points. Jpmorgan Chase & Co stock is currently +52.82% from its 52-week low of $135.19, and -8.37% from its 52-week high of $225.48.
As of Sep 12, 2024, there are 2.85B JPM shares outstanding. The market value of JPM is $587.81B. In the last 24 hours, 9.04M JPM shares were traded.
How to Buy Jpmorgan Chase & Co Stock
Wondering how to invest in Jpmorgan Chase & Co stock? Here's how.
- Choose where to buy Jpmorgan Chase & Co stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Jpmorgan Chase & Co stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your method of payment and add your info.
- Analyze Jpmorgan Chase & Co stock: The Jpmorgan Chase & Co ticker symbol is JPM. Is Jpmorgan Chase & Co stock a good investment? Should you buy shares of JPM? How do JPM's underlying business fundamentals look? Do top analysts think Jpmorgan Chase & Co is a good buy? Why has JPM's stock price moved recently? (Hint: Our stock research tools can help you figure out if JPM is a good stock to buy).
- Place your JPM trade: Decide if you will purchase JPM shares at the current market price or use a limit order to purchase JPM stock at a given price.
- Get key alerts regarding your investment in JPM: Create a watchlist to watch your investment in Jpmorgan Chase & Co shares.
Step 1: Choose where to buy Jpmorgan Chase & Co stock
You need a brokerage account in order to access the NYSE market and buy JPM stock.
A brokerage account
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Buy JPM Stock
Step 2: Create a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you are able to buy JPM today.
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Step 3: Fund your brokerage account
Now that you've opened your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:
Watch the video below for more details depositing money into your brokerage account.
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Step 4: Analyze Jpmorgan Chase & Co stock
Once you have figured out the best place to buy Jpmorgan Chase & Co stock, it's absolutely critical to analyze their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Jpmorgan Chase & Co Metrics
JPM Price
$206.60
1w %
-5.07%
1y %
41.18%
5y %
75.22%
P/E
11.5x
P/B
1.73x
P/S
3.5x
PEG
N/A
Revenue
$170.58B
Earnings
$52.22B
Fore. Rev. Growth
0.08%
Fore. Earn. Growth
-2.29%
Market Cap
$587.81B
Next Earnings
Oct 11, 2024
Next Dividend
N/A
Jpmorgan Chase & Co Due Diligence Checks
WallStreetZen was created to help average investors perform more accurate fundamental analysis quickly.
Jpmorgan Chase & Co is passing 12/38 of WallStreetZen's due diligence checks and has average fundamentals. It has a total Zen Score of 34. Here's further breakdown of the score:
- Valuation: JPM's Valuation score is 29, which is above the Banks - Diversified industry mean. JPM is currently passing 2 out of 7 due diligence checks.
- Financials: JPM's Financials score is 0, which is equal to the Banks - Diversified industry mean. JPM is currently passing 0 out of 7 due diligence checks.
- Forecast: JPM's Forecast score is 60, which is above the Banks - Diversified industry mean. JPM is passing 6 out of 9 due diligence checks.
- Performance: JPM's Performance score is 0, which is equal to the Banks - Diversified industry mean. JPM is passing 0 out of 10 due diligence checks.
- Dividend: JPM's Dividend score is 80, which is equal to the Banks - Diversified industry average. JPM is passing 4 out of 5 due diligence checks.
You can view all of the due diligence checks on JPM's stock page.
Is JPM stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge JPM's fair value.
Using relative valuations measures:
- JPM may be undervalued based on its P/E ratio of 11.5x, relative to Banks - Diversified industry P/E ratio of 11.92x
- JPM may be overvalued based on its P/B ratio of 1.73x, relative to Banks - Diversified industry P/B ratio of 1.11x
You can access additional valuation analysis on JPM's stock here.
JPM Financials at a glance
Signs that JPM is not financially healthy:
- JPM profit margin has gone down from 31.3% to 30.6% in the past year.
- Total JPM debt is higher than 5 years ago, relative to shareholder equity.
- JPM has a relatively high debt to equity ratio of 11.17.
Do analysts think it's a good time to buy JPM stock
Out of 14 Equities analysts who give recommendations on JPM, the consensus analyst rating on Jpmorgan Chase & Co is a Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
Most Recent JPM Analyst Recommendations
Jason Goldberg, a bottom 10% analyst from Barclays maintains JPM with a strong buy rating and raises their JPM price target from $212.00 to $217.00, on Jul 15, 2024.
Chris Kotowski, a top 1% analyst from Oppenheimer maintains JPM with a buy rating and raises their JPM price target from $215.00 to $221.00, on Jul 15, 2024.
Scott Siefers, a top 18% analyst from Piper Sandler reiterates JPM with a strong buy rating and raises their JPM price target from $220.00 to $230.00, on Jul 15, 2024.
Piper Sandler's Scott Siefers raised their price target on Jpmorgan Chase & Co (NYSE: JPM) by 4.5% from $220 to $230 on 2024/07/15. The analyst reiterated their Strong Buy rating on the stock.
Siefers's price target hike and increased EPS forecast followed an assessment of Jpmorgan Chase & Co's 2024/07/12-dated Q2 2024 earnings report.
Piper Sandler's FY 2024 EPS forecast was increased from $16.95 to $18.44, the analyst detailed.
Earnings Report
For Q2 2024, Jpmorgan Chase & Co reported:
- EPS of $4.40, which beat the Zacks Consensus Estimate of $4.19 and, by 0.69%, Q2 2023’s $4.37.
- Revenue of $50.2B, which beat the Zacks Consensus Estimate by 11.45% and, by 22%, Q2 2023’s $41.31B.
- AUM (Asset Under Management)of $3.7T, up 15% Y/Y.
Consistent with the practice in the banking sector, management did not provide financial guidance in its press release or earnings call.
Chairman & CEO Jamie Dimon commented: “The Firm performed well in Q2, generating a net income of $13.1B and an ROTCE of 20% after excluding a net gain on our Visa shares, a contribution to the Firm’s Foundation and discretionary securities losses.
“While market valuations and credit spreads seem to reflect a relatively benign economic outlook, we continue to be vigilant about potential tail risks. These tail risks are the same ones that we have mentioned before.
“The geopolitical situation remains complex and potentially the most dangerous since World War II — though its outcome and effect on the global economy remain unknown.
“Next, there has been some progress bringing inflation down, but there are still multiple inflationary forces in front of us: large fiscal deficits, infrastructure needs, restructuring of trade, and remilitarisation of the world. Therefore, inflation and interest rates may stay higher than the market expects.
“We still do not know the full effects of quantitative tightening on this scale.
“Our priorities remain unchanged. We continue to invest heavily in our businesses for long-term growth and profitability.
“We maintain a fortress balance sheet and prepare the Firm for a wide range of potential environments.
“Finally, we take pride in driving economic growth by extending credit and raising capital totaling more than $1.4T YTD for large and small businesses, governments, and U.S. consumers.”
David Konrad, a top 12% analyst from Keefe, Bruyette & Woods maintains JPM with a hold rating and raises their JPM price target from $209.00 to $211.00, on Jul 9, 2024.
Ken Usdin, a top 23% analyst from Jefferies maintains JPM with a strong buy rating and raises their JPM price target from $230.00 to $239.00, on Jul 3, 2024.
You can dive deeper into what analysts are projecting on the page.
JPM Momentum
SMA10
215.29
SMA20
215.93
SMA50
211.03
SMA100
204.13
SMA200
190.88
MACD
MACD Signal
1.91
MACD Histogram
-1.91
RSI
41.02
Stochastic %K
23.54
Stochastic %D
25.12
StochRSI %K
4.25
StochRSI %D
8.13
Is JPM Making Money?
Last year, JPM earnings were $52.22B. Over the past 5 year, JPM's earnings have gone up by 12.81% per year. This was faster than the Banks - Diversified industry average of 7.33%.
Last year, JPM revenue was $170.58B. Over the past 5 year, JPM's revenue has gone up by 8.98% per year. This was faster than the Banks - Diversified industry average of 3.87%.
Find out more about JPM's earnings and revenue performance here.
Who is buying/selling JPM?
In the last 12 months, executives and large shareholders at JPM have sold more shares than they have bought.
Stephen B. Burke, Director of JPM, was the latest JPM insider to buy. They bought $56,228.28 worth of JPM shares on Jun 30, 2024.
Research more about who owns JPM shares here.
Can I get consistent income from JPM stock?
Jpmorgan Chase & Co pays a dividend of 2.13%, compared to the Banks - Diversified industry's average dividend yield of 4.47%. If you owned $1,000 of JPM stock, you would have received $21.30 in the past 12 months.
Jpmorgan Chase & Co dividend payments have consistently grown over the past decade and have remained stable.
Find more data about here.
Get analysis from other traders
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your JPM trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, place a limit order.
Click the Open Trade button and eToro will place the order.
If you want additional help with buying stocks on eToro, watch the helpful video below:
Buy JPM Stock
Step 6: Get key alerts regarding your investment in JPM
Now that you own some JPM shares, you'll want to stay up-to-date on your shares.
Make a watchlist to track your JPM stock.
JPM Feed
How to Buy Stock in Jpmorgan Chase & Co
To reiterate, here are the 6 steps for buying Jpmorgan Chase & Co stock:
- Choose where to buy Jpmorgan Chase & Co stock
- Create a brokerage account
- Fund your brokerage account
- Analyze Jpmorgan Chase & Co stock
- Place your JPM trade
- Get key alerts regarding your investment in JPM
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
If you want to get the latest scoop on your new investment in Jpmorgan Chase & Co, click the button below.
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NYSE
:
JPM
$206.60-0.63 (-0.3%)
Updated Sep 12, 2024
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