JPM - JPMorgan Chase & Co.
| Previous Close | 107.19 |
| Open | 108.20 |
| Bid | 107.97 x 1100 |
| Ask | 107.98 x 900 |
| Day's Range | 107.38 - 108.40 |
| 52 Week Range | 91.11 - 119.24 |
| Volume | 5,763,357 |
| Avg. Volume | 14,914,643 |
| Market Cap | 352.65B |
| Beta (3Y Monthly) | 1.04 |
| PE Ratio (TTM) | 11.96 |
| EPS (TTM) | 9.00 |
| Earnings Date | Apr 12, 2019 |
| Forward Dividend & Yield | 3.20 (3.00%) |
| Ex-Dividend Date | 2019-01-03 |
| 1y Target Est | 115.98 |
Yahoo Finance•yesterdayJamie Dimon: The U.S. economy should have grown 40% in the last decade, not 20%
He pointed to a 'big reason' as to why that happened.
- American City Business Journals•53 minutes ago
JPMorgan to set aside $350 million for job-training initiative
The goal is part of a five-year initiative designed to bolster digital skills among those without a traditional college degree.
- Zacks•1 hour ago
JPMorgan Offers Checkless Accounts for Low-Income Customers
JPMorgan (JPM) starts offering low-fee checkless accounts to attract individuals with low income.
- Zacks•2 hours ago
Goldman Sachs to Acquire S&P's Investment Advisory Services
Despite intense competition among ETFs service providers, Goldman's (GS) acquisition of S&P's Investment Advisory Services will help boost revenues.
- Business Wire•3 hours ago
Girls Inc. and JPMorgan Chase to Reach 20,000 Girls through National Program Promoting Financial Health
A new multi-year partnership between JPMorgan Chase and Girls Inc., a leading nonprofit that supports girls and young women, will bring financial health programs to 20,000 girls across the country. By serving as the sole national sponsor of the Girls Inc. Economic Literacy Program, JPMorgan Chase will help Girls Inc. teach girls vital skills that they can use for life, through classes, field trips, mentoring, and workshops, including opportunities for girls and their parents to engage with JPMorgan Chase employees.
- Market Realist•4 hours ago
Amazon Pursues Healthcare Joint Venture as Costs Soar
Amazon Is Capitalizing on These Key Advantages(Continued from Prior Part)Amazon’s growing headcountAmazon’s (AMZN) operating costs have been soaring in recent years as the company expands its workforce and business empire. The company exited
- American City Business Journals•19 hours ago
Should San Jose create its own bank to handle the city's accounts?
Three City Councilmembers have asked that San Jose explore its own municipally chartered bank to take over the city’s accounts when its current contract with Wells Fargo expires this summer.
- InvestorPlace•21 hours ago
5 Top Stock Trades for Tuesday: Facebook, Tilray, Overstock
Stocks started off with a bang on Monday morning. However, the morning gap up quickly faded, with the S&P 500 slowly chopping higher in the afternoon. After big gains last week, bulls are showing some hesitancy ahead of the Federal Reserve's announcement later this week. Let's get a look at what's moving the market in this week's early top stocks trades piece.We won't put too much time on the financials like Bank of America (NYSE:BAC), JPMorgan (NYSE:JPM) and Goldman Sachs (NYSE:GS), but all are moving nicely on Monday. They are breaking out of the bases we highlighted last week and if they continue higher, it's hard to be too bearish on the market. Top Stock Trades for Tomorrow 1: TilrayInvestorPlace - Stock Market News, Stock Advice & Trading TipsShares of Tilray (NASDAQ:TLRY) will be in focus when the company reports earnings after the close on Monday. The stock has been stuck in quite the downtrend, although InvestorPlace readers did capture a nice breakout in January. * 3 Earnings Reports to Watch Next Week Anyway, shares are now trending lower, sitting on a notable level of support near $70. With a 25% short-interest as of February 28, this one is sure to be a big mover. The question is, will we see a breakdown or a breakout in TLRY?I don't like guessing ahead of time and would prefer to react to the move instead. A break below $65 would send Tilray to levels it hasn't seen since August while a breakout over $78 could catapult the stock up to $100. Top Stock Trades for Tomorrow 2: FacebookWhile Amazon (NASDAQ:AMZN) is breaking out in unsurprising fashion, Facebook (NASDAQ:FB) has been pulling back. Shares are down $15 or 8.5% in hurry, as they now rest on the 50-day moving average.For bulls who believe in more upside, this gives them a low-risk long entry. There's no reason to overthink this one. Top Stock Trades for Tomorrow 3: OverstockI don't personally like this stock too much, as its volatility is simply way too high for me. However, a number of other investors like Overstock (NASDAQ:OSTK) both from the long side and the short side.Although down 4.5% on Monday following less-than-inspiring earnings, bulls have done a good job salvaging this one. To stay long, they need OSTK to maintain the 50-day. Below it and $18 becomes the "must hold" level. So far, the 20-day moving average is acting as resistance.Below Monday's lows and OSTK is in trouble. Over $22 and OSTK can see the 200-day. Top Stock Trades for Tomorrow 4: SynapticsOuch. that's the only word that comes to mind with Synaptics (NASDAQ:SYNA), down 22% and hitting new 52-week lows.The stock blew through vital support near $35 and failed to hold its November lows near $34. Unless this one's back over $35, it's a no-touch for me. Let's give it a few days to play out before considering it. Top Stock Trades for Tomorrow 5: AT&TAT&T (NYSE:T) is one we've highlighted a few times thanks to its attractive and sustainable dividend yield. The name has been more volatile than usual over the past few months but is trying to get some traction to the upside.Shares are now over all three major moving averages, and if it can push through $31, T could trigger a larger breakout. Even a bounce into the low-$30s would represent an attractive return when coupled with the still-elevated 6.65% dividend yield. * 7 Small-Cap Stocks That Make the Grade Below $30 and the bulls lose some luster, technically speaking. But fundamental and income investors would love to scoop this name up at $29.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long T and BAC. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post 5 Top Stock Trades for Tuesday: Facebook, Tilray, Overstock appeared first on InvestorPlace.
- MarketWatch•23 hours ago
Jamie Dimon: The wealthy are doing fine, but the poor are being left behind
Dimon, who clearly is “doing fine” with a reported net worth of $1.3 billion, was speaking at an event in New York to unveil a new $350 million program aimed at improving job prospects for people in underserved communities.
Market Realist•yesterdayFederal Reserve Isn’t the Only Patient Central Bank
Economic Slowdown Deepens, Central Banks Take Charge(Continued from Prior Part)Federal ReserveGlobally, governments like to see lower interest rates because it boosts growth. President Trump, who criticized the Fed for keeping rates too low,
- American City Business Journals•yesterday
Economists from M&T Bank, JPMorgan Chase talk about Buffalo and U.S. recovery
According to two economists, the U.S. economy is fundamentally strong even as speculation arises about when the next downturn may begin.
- CNBC•yesterday
JP Morgan pledges $350 million to help people at risk of being shut out of the modern economy
J.P. Morgan CEO Jamie Dimon has voiced concern about the declining labor force participation rate in the U.S. and the shortfalls of the educational system in preparing people for emerging roles.
- Market Realist•yesterday
PayPal Wants a Bigger Piece of the $3.7 Trillion Gig Economy
All You Need to Know ahead of PayPal’s Q1 Results(Continued from Prior Part)PayPal now supports instant bank transfersPayPal (PYPL) recently introduced an instant bank transfer option for its customers, with the option initially rolling out to
- Reuters•yesterday
JPMorgan rolls out low-fee, checkless, no-overdraft accounts
Responding to calls for more bank services for low-income consumers, JPMorgan Chase & Co on Monday began offering checkless accounts with access to its mobile app, branches and ATMs for $4.95 a month and no minimum balance. The accounts come with debit cards, digital payments and free check cashing, but do not allow overdrafts. Fees for overdrafts generated significant revenue for banks in the past.
Reuters•yesterdayJPMorgan Chase tests neuroscience-based video games to recruit interns
JPMorgan Chase & Co is testing neuroscience-based video games to help recruit interns, as it seeks to increase the diversity of its workforce by broadening its candidate pool. The bank is piloting technology from pymetrics, a startup whose games help companies assess applicants' social, cognitive and behavioral features, such as attention, memory and altruism, Matt Mitro, JPMorgan's head of campus recruiting, said in an interview. This helps companies make their assessments more data-based than traditional processes.
- Business Wire•yesterday
JPMorgan Chase Makes $350 Million Global Investment in the Future of Work
JPMorgan Chase today announced a $350 million, five-year global initiative to prepare for the future of work and meet the growing demand for skilled workers. Building on the firm’s original, five year $250 million commitment in 2013, this New Skills at Work investment will provide substantial support to community college and other non-traditional career pathway programs. New Skills at Work focuses on creating economic mobility and career pathways for underserved populations, and, for the first time, will help forecast emerging skillsets for JPMorgan Chase employees and proactively develop new training programs to prepare the firm’s workforce for changes in technology and business.
- Investopedia•3 days ago
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.
- Business Wire•4 days ago
JPMorgan Chase Declares Preferred Stock Dividends
JPMorgan Chase & Co. declared dividends on the outstanding shares of the Firm’s Series I, Q, U, Z and CC preferred stock. Information can be found on the Firm’s Investor Relations website at jpmorganchase.com/press-releases.
- American City Business Journals•4 days ago
Report: SmileDirectClub preparing for IPO
With projected revenue of $1 billion this year, SmileDirect would be one of Nashville's largest publicly-traded health care companies.
- InvestorPlace•4 days ago
3 Reasons JP Morgan Is a Solid Blue-Chip Play
The bullish move of stocks since late December has certainly been impressive. It does show how quickly sentiment can change.Source: Shutterstock Yet the macroeconomic environment still looks dicey. Some of the recent economic data - such as the jobs numbers and home sales - point to a slowing of the U.S. economy. In the meantime, Europe and China continue to have problems. Given all this, it should be no surprise that most central banks have been pursuing looser monetary policies. * 15 Stocks That May Be Hurt by This Year's Big IPOs So what does this mean for the rally? It's tough to tell. With such a big move already, there could easily be a pause or even a pullback as investors take profits. But if the economic situation continues to deteriorate, there will probably be an even bigger toll on the markets, with riskier stocks like to drop more than blue-chip names.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat is why it might be a good idea to look for some more stable, blue-chip companies to put in your portfolio. And a good choice right now is JPMorgan Chase (NYSE:JPM). To see why, let's consider the following three reasons: JP Morgan Stock: Diverse PlatformThe recently announced merger between BB&T (NYSE:BBT) and SunTrust Banks (NYSE:STI) points to the importance of size in the banking industry. The business is highly competitive, as customers want a wide array of services at low costs.But of course, that's great for JP Morgan stock. Note that the company is the largest bank in the U.S, with $1.5 trillion in assets and 62 million U.S. household customers (about 4 million small businesses also use JPM).Additionally, the bank has a diverse platform that includes the top global investment bank and a thriving wealth-management business. Furthermore, JPM is the top player in the highly lucrative credit-card industry.All this highlights the strategic vision and managerial capabilities of JP Morgan's CEO, Jamie Dimon. After all, he showed strong leadership during the financial crisis and has since found ways to deal with the new world of banking. JP Morgan Stock: InnovationAnother benefit of JPM's large size is that it has enough resources to conduct R&D. For example, the company has 49 million active digital customers, and 33 million of them use their mobile devices for banking.But the company has been looking at next-generation technologies, such as blockchain, as well. That system is quite powerful, as it enables secure and transparent collection of data. In other words, it's great for financial transactions.In the blockchain category, JP Morgan has created JPM Coin. It is geared for making settlements for trade more efficient. All in all, the project is a massive opportunity and could be a nice source of fee income.JPM is also using partnerships. Perhaps the most notable one is the alliance with Amazon.com (NASDAQ:AMZN) and Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) to develop Haven, a joint venture focused on lowering health-care costs. JP Morgan Stock: FinancialsOne of the headwinds facing JPM stock has been onerous regulations. However, there is a silver lining; specifically, the regulations have forced JPM to greatly strengthen its balance sheet. What's more, some of the rules have been loosened over the past couple of years.But JPM has been able to consistently generate strong returns on tangible common equity -- regardless of the environment. Its return on tangible common equity came in at 17% last year, versus 10.9% for Citigroup (NYSE:C), 13.7% for Wells Fargo (NYSE:WFC) and 15.5% for Bank of America (NYSE:BAC).The dividend yield of JP Morgan stock, currently around 3.1%, is also attractive. And the valuation of JPMorgan stock is reasonable, as its forward price-earnings multiple is about ten.Tom Taulli is an Enrolled Agent and also operates PathwayTax.com, which is a tax advisory and preparation firm. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post 3 Reasons JP Morgan Is a Solid Blue-Chip Play appeared first on InvestorPlace.
- Bloomberg•4 days ago
JPMorgan, Citigroup Disband Odd-Lot Trading Desks
The two banks have shuttered their odd-lot trading desks in recent months and started executing such trades electronically instead, according to people with knowledge of the matter. At Citigroup, the desk was previously manned by eight traders, while at JPMorgan less than five people had been executing such trades, said the people, who asked not to be identified because the information isn’t public. “We have significantly enhanced our infrastructure and trading capabilities to create a better experience for clients,” Danielle Romero-Apsilos, a spokeswoman for Citigroup, said in an emailed statement.
Motley Fool•4 days agoWhy Warren Buffett Thinks JPMorgan's Stock Could Soar
The billionaire investor recently revealed his thinking on JPMorgan’s stock, along with a rough idea of what it's worth.
