This Is Too Hot For JPMorgan Chase & Co. (NYSE: JPM), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Most recently, Yahoo Finance reported about the stock as it publicized that JPMorgan Chase Files Form 10-K for the Fiscal Year Ended December 31, 2023.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, JPM falls under the Financial sector while operating within the Banks – Diversified industry segment. At the end of the last regular session, the stock closed at $179.73 and fluctuated between $180.46 as its day high and $178.40 as its day low. The current market capitalization of JPMorgan Chase & Co. is $519.60B. A total of 9.67 million shares were traded on the day, compared to an average of 9.22M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, JPM has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 38 BUYs and 31 SELLs from insiders. Insiders purchased 866,532 shares during that period but sold 829,814.

In the most recent transaction, Erdoes Mary E. sold 4,814 shares of JPM for 178.99 per share on Feb 16. After the transaction, the CEO Asset & Wealth Management now owns 570,003 company shares. In a previous transaction on Feb 16, Lake Marianne sold 4,459 shares at 178.97 per share. JPM shares that CEO CCB owns now total 71,347.

Among the insiders who sold shares, BACON ASHLEY disposed of 3,368 shares on Feb 16 at a per-share price of $179.00. This resulted in the Chief Risk Officer holding 202,093 shares of JPM after the transaction. In another insider transaction, Petno Douglas B sold 3,266 shares at $178.99 per share on Feb 16. Company shares held by the CEO Commercial Banking now total 289,773.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. JPMorgan Chase & Co. pays an annual dividend of $4.10, resulting in a dividend yield of 2.28%, and it has a price to earnings (P/E) ratio of 11.08. JPM’s most recent ex-dividend date was 1/4/2024 when it declared a $1.05 quarterly dividend that was paid in cash on 1/31/2024. Previously, the company paid the dividend on 10/31/2023 with an ex-dividend date of 10/5/2023. The JPM stock dividend was $1.05 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for JPM in the last 3 months, the mean price target is $193.53 with high estimates of $238.00 and low estimates of $160.00. In terms of 52-week highs and lows, JPM has a high of $180.21 and a low of $123.11.

As of this writing, JPM has an earnings estimate of $4.28 per share for the current quarter. EPS was calculated based on a consensus of 18 estimates, with a high estimate of $4.62 per share and a lower estimate of $3.93. The company reported an EPS of $4.33 in the last quarter, which was 9.30% higher than expectations of $3.96.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $104.45, while its Total Shareholder’s Equity was $294.13B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for JPM is Buy with a score of 4.46.

Most Popular

Related Posts