JPM - JPMorgan Chase & Co.

NYSE - Nasdaq Real Time Price. Currency in USD
113.72
+0.26 (+0.23%)
As of 2:05PM EDT. Market open.
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Previous Close113.46
Open112.83
Bid113.72 x 1400
Ask113.73 x 800
Day's Range112.66 - 113.79
52 Week Range91.11 - 119.24
Volume4,051,485
Avg. Volume13,254,404
Market Cap369.293B
Beta (3Y Monthly)1.08
PE Ratio (TTM)12.27
EPS (TTM)9.27
Earnings DateJul 16, 2019
Forward Dividend & Yield3.20 (3.16%)
Ex-Dividend Date2019-04-04
1y Target Est117.69
Trade prices are not sourced from all markets
  • Cramer: Banks are doing better than thought and stocks are still cheap
    CNBC Videos4 days ago

    Cramer: Banks are doing better than thought and stocks are still cheap

    Jim Cramer reviews the past week of bank earnings.

  • JPMorgan's Dimon on the potential for a US-China trade deal: I give it 85 percent
    Fox Business Videos4 days ago

    JPMorgan's Dimon on the potential for a US-China trade deal: I give it 85 percent

    JPMorgan Chase CEO Jamie Dimon on the bank's work in China, U.S. trade negotiations with China, his testimony before the House Financial Services Committee, potential government intervention in banking, regulations, public policy and health care.

  • Louisville gets $3M grant from JPMorgan
    Fox Business Videos4 days ago

    Louisville gets $3M grant from JPMorgan

    Louisville Mayor Greg Fischer on the impact of the $3 million grant the city received from JPMorgan as part of the AdvancingCities Challenge, job skills training, education and the importance of bourbon and tourism to the city.

  • U.S. Bank to expand retail presence with first branch in Charlotte
    American City Business Journals1 hour ago

    U.S. Bank to expand retail presence with first branch in Charlotte

    It's the second bank to recently announce plans of adding a retail presence in the Charlotte market.

  • Federal Bank Holidays 2019: Is My Bank Open Today?
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    Federal Bank Holidays 2019: Is My Bank Open Today?

    Find out if your bank is likely to be open in 2019 on New Year's Day, MLK Day, Presidents Day, Memorial Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving or Christmas.

  • Banking Earnings Mixed, ETFs Gain Moderately
    Zacks6 hours ago

    Banking Earnings Mixed, ETFs Gain Moderately

    Banking earnings have been pretty mixed so far in the first quarter but the related ETFs have gained in the key reporting spell.

  • Barrons.com7 hours ago

    JPMorgan Stock Is Surging and Executives Are Stepping Up Stock Sales

    The banking giant’s executives have already sold $35.7 million in stock so far this year, compared with $26.5 million in all of last year. The biggest seller in 2019 is a potential Jamie Dimon heir.

  • Buy Morgan Stanley Stock on Valuation, Not External Factors
    InvestorPlace8 hours ago

    Buy Morgan Stanley Stock on Valuation, Not External Factors

    Morgan Stanley (NYSE:MS) beat earnings and revenue estimates. This helped to continue the march higher in Morgan Stanley stock that began in the middle of March. * 10 S&P 500 Stocks to Weather the Earnings Storm Source: Shutterstock Over the last year, fear of tariffs and worries about the economy have influenced bank stocks. This seems remarkable, as higher interest rates generally boost profits for banks. However, one factor has emerged that could change that dynamic. With the price-to-earnings (PE) ratio flirting with single-digit levels, MS stock may become a buy regardless of the economy. MS Sees Brighter Outlook After Earnings, Revenue BeatsThe New York-based investment bank reported first-quarter earnings at $1.33 per share. This came in 17 cents ahead of estimates, but well short of the $1.45 per share reported in the same quarter last year. Revenues of $10.29 billion beat consensus estimates of $9.93 billion. However, year-ago revenues came in at $11.08 billion.Without question, earnings have slumped this year. Morgan Stanley stock, along with peers such as Goldman Sachs (NYSE:GS), Bank of America (NYSE:BAC), and JPMorgan Chase (NYSE:JPM), saw their stock prices drop through most of 2018. They also stagnated between mid-January and the middle of March, as tariff-related concerns continued to weigh on these stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMoreover, fears of a recession led to a more dovish tone from the Fed. Higher interest rates tend to boost earnings potential for bank stocks. However, Morgan Stanley stock and other bank stocks have seemingly traded on prospects for the economy in recent months.Optimism about the economy rebounded as the Fed's more dovish tone and the optimism about a U.S.-China trade agreement helped to boost bank stocks. Indeed, the outlook now appears brighter. Analysts forecast earnings growth of 10.9% next year. Wall Street also forecasts average earnings increases of 10.82% per year for the next five years. Morgan Stanley Stock Becoming a Valuation PlayStill, investors may have a bigger reason to buy than profit projections. Traders should also recognize that valuation could again become a key driver for Morgan Stanley stock. Due to falling multiples, MS may have also become a buy regardless of the economy. Investors who purchase now will pay only about 10.2 times earnings, much lower than its 14.5 average PE in recent years.Multiples on Morgan Stanley stock have rarely fallen into the single digits historically. Moreover, when this low valuation comes with double-digit earnings growth, it becomes hard to see MS as anything but a buy. Unless earnings drop significantly, I see little else to change a bullish investment thesis on Morgan Stanley stock.Moreover, even if a recovery in MS stock takes time, investors can still benefit. Thanks to the economic recovery, bank stocks have again begun to increase dividends annually. The annual dividend increases in Morgan Stanley stock resumed in 2014. Today, MS pays $1.20 per share in yearly dividends, a 2.5% yield. Over the last few years, these payout hikes have come when the company reports its second-quarter earnings. Hence, the yield will likely move higher in July. Final Thoughts on Morgan Stanley StockFollowing earnings, investors should consider buying Morgan Stanley stock regardless of the recent influence of economic forces. MS beat reduced earnings and revenue estimates. However, this has held little sway over the equity as it has fallen over the last year. During that time, investors sold off bank stocks in general, as economic worries became more significant. * 6 Cheap Stocks That Cost Less Than $10 This worry has taken Morgan Stanley stock to a PE ratio of just over 10. The stock fell to that valuation despite projections of double-digit earnings growth and an increased payout. With the low PE ratio and the potential earnings growth, MS's downside appears limited. Add in the rising dividend, and it becomes hard to call MS stock anything but a buy.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Buy Morgan Stanley Stock on Valuation, Not External Factors appeared first on InvestorPlace.

  • Financial Times13 hours ago

    Vegan start-up Beyond Meat seeks valuation topping $1bn in IPO

    Beyond Meat, a California-based agritech start-up, on Monday said it is aiming to raise as much as $184m with an initial public offering next month that will value it at more than $1bn. The company, which is backed by investors including US meat producer Tyson and Bill Gates, said it plans to sell shares at $19-$21 a piece. At the high end of the range, the IPO would give the company a market value of $1.2bn.

  • Comparing Chase vs. Wells Fargo High-Net-Worth Accounts
    Investopediayesterday

    Comparing Chase vs. Wells Fargo High-Net-Worth Accounts

    Chase and Wells Fargo both offer high-net-worth accounts, but the two differ in their services, such as concierge banking and rare credit cards.

  • Is the USAA Money Market Fund Worth It? (USAXX)
    Investopedia2 days ago

    Is the USAA Money Market Fund Worth It? (USAXX)

    Learn about the USAA Money Market Fund and understand why it offers safety for short-term investors but leaves much to be desired where yield is concerned.

  • GuruFocus.com2 days ago

    Weekly Top Insider Buys Highlight for the Week of April 19

    The largest Insider Buys this week were for JPMorgan Chase & Co., Conagra Brands Inc., Valvoline Inc. and Hyster-Yale Materials Handling Inc.

  • Financial Times4 days ago

    Goldman Sachs pays price for delay to strategic update

    Wall Street’s top six banks posted a decidedly mixed set of results for the first quarter, with retail banks generally triumphing over their more capital markets focused rivals and dealmakers having a better time of it than traders. Investor reaction was most decisive against Goldman Sachs. Analysts attributed the fall to Goldman’s decision to defer a much-anticipated strategic update until early next year.

  • Pinterest, Zoom shares surge in market debuts after IPOs
    Reuters4 days ago

    Pinterest, Zoom shares surge in market debuts after IPOs

    "All of the gyrations that you read about in the press and the drama that you read about in other cases, we can certainly fall victim to a lot of those things if we are distracted by the news cycle or things that are short-term by nature," Pinterest Chief Financial Officer Todd Morgenfeld said. Zoom Video Communications Inc shares also surged in the U.S. video conferencing company's first day of trading on Thursday, closing 72 percent above their IPO price of $36. Investors are hopeful that money-losing Pinterest, the most high-profile social media company to list in the United States since Snap Inc in 2017, will have a strong run in the market, given the company's ability to grow revenue and increase its user base.

  • TheStreet.com4 days ago

    Bank Earnings: Here's What We Know So Far

    JPMorgan reported adjusted net income of $9.18 billion. Earnings per share of $1.20 handily beat estimates of $1.09. While Citigroup certainly isn't in any trouble, there does seem to be some stagnation.

  • Thomson Reuters StreetEvents4 days ago

    Edited Transcript of JPM earnings conference call or presentation 12-Apr-19 12:30pm GMT

    Q1 2019 JPMorgan Chase & Co Earnings Call

  • Barrons.com4 days ago

    A George Lucas Trust Just Bought More JPMorgan Stock

    JPMorgan director Mellody Hobson, George Lucas’s wife, disclosed that The GWL Living Trust bought $2 million more of the bank’s stock. The trust now owns 75,355 JPMorgan shares.

  • 3 Stocks the World's Best Investors Are Buying Right Now
    Motley Fool4 days ago

    3 Stocks the World's Best Investors Are Buying Right Now

    Tracking the movements of hedge fund managers can give investors a wealth of ideas. Here are three intriguing companies hedge funds have been buying up recently.

  • Bank of America Stock Is One Catalyst Away From Moving Higher
    InvestorPlace4 days ago

    Bank of America Stock Is One Catalyst Away From Moving Higher

    Bank of America (NYSE:BAC) dropped and then recovered in Tuesday trading following its earnings announcement. The Charlotte-based banking giant beat earnings estimates, but missed on revenue. This, along with a warning about slowing net interest income, hit BAC stock before it recovered later in the day. * 5 Dividend Stocks Perfect for Retirees Source: Shutterstock However, the quick move to pre-report levels may show underlying confidence in BAC. With a low multiple and double-digit profit growth set to continue, Bank of America stock looks poised for a breakout. BAC Stock Beat on Earnings, Fell Short on RevenueFor the first quarter, BAC reported its 16th consecutive beat on earnings. In Q1, the company earned 70 cents per share, or $7.3 billion. This beat estimates by 5 cents per share and came in ahead of the year-ago level of 62 cents per share. Consumer banking led the way as net income from that division rose 25% to $3 billion. Net income in its Global Wealth and Investment Management division also rose by 14%.However, other divisions saw slower profit growth or, in the case of Global Banking, an outright decline. Also, revenues of $23 billion fell short of the first quarter revenue level of $23.07 billion last year. Analysts had expected $23.3 billion.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe disappointment did not end there. The company also acknowledged that net interest income would rise by only 3% this year. Net interest income increased by 6% in 2018. This news sent BAC stock falling by as much as 2.8% in morning trading. BAC Stock Recovered QuicklyHowever, the fact that the stock ended the day 0.13% higher shows underlying confidence in BAC. Since mid-January, the stock has mostly traded between $28 and $30 per share. The exception occurred in mid-March. BAC stock fell to as low as $26.67 per share when the Fed announced an intention to delay further rate increases for the year. Still, it recovered quickly to the previous range.Traders appear justified in keeping BAC stock at these levels. When looking at the overall picture, little reason exists to sell Bank of America stock. The current price-to-earnings (PE) ratio stands at around 11.5. At this price level, the PE falls to 9.3 on a forward basis. For this valuation, investors buy a company expected to increase profits by 9.5% this year and 10.8% in fiscal 2020.The improvements extend beyond BAC. JPMorgan Chase (NYSE:JPM) and Citigroup (NYSE:C) confirmed the strength of this sector in their recent earnings reports. Wells Fargo (NYSE:WFC) did not perform as well, but it continues to struggle with reputation issues. Goldman Sachs (NYSE:GS), which also offered mixed news in its report, depends more on investment banking. When Will BAC Stock Finally Rise?With BAC stock, the near-term questions involve when a breakout will occur and what will cause it? Since quarterly earnings did not offer a catalyst, predicting when becomes more difficult.If nothing else, rising profits and falling earnings multiples will eventually take BAC stock higher. Moreover, BAC will pay its investors to wait with dividends. BAC has increased its payout for five straight years now. This year's dividend of 60 cents per share yields about 2%. Hence, investors will receive a payout slightly above the current S&P 500 average of 1.85%. Also, if history serves as an indication, investors can expect the dividend to increase over time. Final Thoughts on BAC StockConditions remain in place for BAC stock to move higher. The question hinges on when? As predicted, earnings increased and beat estimates again. Also, despite disappointments in revenue and net interest income, the stock recovered quickly. Still, this leaves BAC stock rangebound and traders with no indication as to when it will break out. * 10 Best Stocks to Buy and Hold Forever Investors can buy now and earn a yield of about 2% on the dividend. Also, even if little else occurs, improving profits will force Bank of America stock to move higher at some point. However, until a catalyst appears, expect payouts and little else from BAC stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Bank of America Stock Is One Catalyst Away From Moving Higher appeared first on InvestorPlace.

  • JPMorgan names recipients of 'Advancing Cities' initiative
    American City Business Journals4 days ago

    JPMorgan names recipients of 'Advancing Cities' initiative

    JPMorgan Chase & Co. revealed the first awards of its $500 million "Advancing Cities" initiative. JPMorgan Chase CEO and chair Jamie Dimon made the announcement Thursday at an event in Louisville: Advancing Cities was launched last year as a competition for cities to come up with plans for innovative solutions to drive growth and create economic opportunity. The program applies insights from JPMorgan's philanthropic investments in cities like Detroit to creative solutions on a smaller scale.

  • JPMorgan's exec shuffle might lead to the bank's first female CEO
    Yahoo Finance4 days ago

    JPMorgan's exec shuffle might lead to the bank's first female CEO

    While Jamie Dimon isn't expected to leave anytime soon, the executive shuffle at JPMorgan could be 'hugely significant' for succession.

  • Citizen Financial's (CFG) Q1 Earnings Top, Expenses Flare Up
    Zacks4 days ago

    Citizen Financial's (CFG) Q1 Earnings Top, Expenses Flare Up

    Citizens Financial's (CFG) Q1 earnings reflect expansion in net interest margin and higher fee income, partially offset by escalating expenses and provisions.

  • Barrons.com4 days ago

    How to Buy Goldman Sachs and JPMorgan Chase Stock on the Cheap

    How to prepare for the bull market’s end by selling cash-secured put options on stocks you want to own.

  • Regions Financial's (RF) Q1 Earnings Improve Y/Y, Revenues Up
    Zacks4 days ago

    Regions Financial's (RF) Q1 Earnings Improve Y/Y, Revenues Up

    Regions Financial's (RF) Q1 earnings reflect expansion in net interest margin and lower expenses, partially offset by declining fee income.

  • Financial Times4 days ago

    Shoppers unfazed by Brexit as UK retail sales jump

    Retail sales “smashed expectations” in March as consumers continued to power the UK economy, despite a sharp rise in credit card defaults, official figures showed on Thursday. Retail revenues were up 1.1 per cent last month compared with February, much better than economists’ expectations of a fall of 0.3 per cent, the Office for National Statistics said on Thursday. The figures, which relate to the first three months of this year, raise questions over the sustainability of consumer spending.