FY2027 Earnings Forecast for JPM Issued By Erste Group Bank

by · The Cerbat Gem

JPMorgan Chase & Co. (NYSE:JPM – Free Report) – Stock analysts at Erste Group Bank raised their FY2027 earnings estimates for shares of JPMorgan Chase & Co. in a research note issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now expects that the financial services provider will earn $25.56 per share for the year, up from their prior estimate of $25.27. The consensus estimate for JPMorgan Chase & Co.’s current full-year earnings is $23.99 per share.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last released its quarterly earnings results on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.94 by ($0.19). The firm had revenue of $50.17 billion for the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a return on equity of 18.48% and a net margin of 21.85%. JPMorgan Chase & Co.’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the business earned $5.07 earnings per share.

JPM has been the subject of several other reports. Bank of America lifted their target price on shares of JPMorgan Chase & Co. from $408.00 to $420.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. UBS Group decreased their price objective on JPMorgan Chase & Co. from $400.00 to $395.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Truist Financial raised their price objective on JPMorgan Chase & Co. from $352.00 to $361.00 and gave the stock a “hold” rating in a report on Wednesday, October 14th. Weiss Ratings raised JPMorgan Chase & Co. from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Friday, October 9th. Finally, HSBC upped their target price on JPMorgan Chase & Co. from $369.00 to $377.00 and gave the company a “hold” rating in a research note on Monday, September 28th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $368.10.

Check Out Our Latest Analysis on JPMorgan Chase & Co.

JPMorgan Chase & Co. Stock Performance

Shares of JPM opened at $336.43 on Friday. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market capitalization of $894.28 billion, a price-to-earnings ratio of 14.11, a PEG ratio of 1.32 and a beta of 1.02. The company’s 50 day simple moving average is $346.03 and its 200 day simple moving average is $331.70. JPMorgan Chase & Co. has a 1 year low of $279.10 and a 1 year high of $366.50.

JPMorgan Chase & Co. Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Tuesday, October 6th will be issued a $1.65 dividend. This is a boost from JPMorgan Chase & Co.’s previous quarterly dividend of $1.50. The ex-dividend date is Tuesday, October 6th. This represents a $6.60 dividend on an annualized basis and a dividend yield of 2.0%. JPMorgan Chase & Co.’s dividend payout ratio (DPR) is 27.68%.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total transaction of $882,025.00. Following the completion of the sale, the insider directly owned 71,047 shares of the company’s stock, valued at $25,066,092.07. The trade was a 3.40% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.41% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On JPMorgan Chase & Co.

Institutional investors have recently added to or reduced their stakes in the company. State Street Corp lifted its stake in shares of JPMorgan Chase & Co. by 0.8% in the 2nd quarter. State Street Corp now owns 125,209,293 shares of the financial services provider’s stock valued at $40,984,758,000 after purchasing an additional 932,632 shares in the last quarter. Bank of America Corp DE raised its holdings in JPMorgan Chase & Co. by 6.1% in the second quarter. Bank of America Corp DE now owns 69,666,753 shares of the financial services provider’s stock valued at $22,804,018,000 after buying an additional 4,006,293 shares during the period. Bank of New York Mellon Corp raised its holdings in JPMorgan Chase & Co. by 2.6% in the second quarter. Bank of New York Mellon Corp now owns 21,642,804 shares of the financial services provider’s stock valued at $7,084,339,000 after buying an additional 540,362 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in JPMorgan Chase & Co. by 0.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 18,833,413 shares of the financial services provider’s stock valued at $6,164,741,000 after buying an additional 134,634 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in JPMorgan Chase & Co. by 3.3% during the first quarter. Dimensional Fund Advisors LP now owns 18,968,884 shares of the financial services provider’s stock valued at $5,578,788,000 after buying an additional 607,288 shares in the last quarter. Hedge funds and other institutional investors own 71.55% of the company’s stock.

JPMorgan Chase & Co. News Roundup

Here are the key news stories impacting JPMorgan Chase & Co. this week:

  • Positive Sentiment: Digital-asset expansion: JPMorgan extended its JPM Coin deposit-token payment system to the Ethereum mainnet, enabling institutional dollar transfers with faster settlement and around-the-clock availability. Separately, J.P. Morgan Asset Management made its tokenized money-market funds available on Solana for qualified U.S. investors. These moves could strengthen deposit retention, transaction revenue and the bank’s position in blockchain-based finance. JPMorgan Chase Takes JPM Coin to Ethereum J.P. Morgan Asset Management Expands Tokenized Funds on Solana
  • Positive Sentiment: Trading and investment-banking strength: JPMorgan, Goldman Sachs and Morgan Stanley reportedly captured nearly 80% of leading-bank equity-trading revenue this year, benefiting from heavy hedge-fund borrowing tied to artificial-intelligence and semiconductor trades. This supports JPMorgan’s markets revenue outlook. Banks Dominate the AI Stock Boom
  • Positive Sentiment: Strategic growth initiatives: JPMorgan has committed $230 billion toward its broader security and resiliency initiative, potentially creating long-term financing and advisory opportunities while reinforcing its competitive positioning. JPMorgan’s Security and Resiliency Initiative
  • Neutral Sentiment: Bitcoin outlook: J.P. Morgan Asset Management projects approximately 10% annualized Bitcoin returns over 10 to 15 years, but does not include the asset in its core portfolio models. The forecast may enhance JPMorgan’s digital-asset credibility, though it has limited near-term earnings impact. JPMorgan’s Bitcoin Forecast
  • Negative Sentiment: Consumer-credit risk: Average credit-card delinquencies at seven major issuers, including JPMorgan, rose to 2.6% in September. Although net charge-offs declined, the deterioration could pressure future loan-loss provisions and consumer-banking profitability. Credit Card Delinquencies Creep Up to 2.6%

About JPMorgan Chase & Co.

(Get Free Report)

JPMorgan Chase & Co is a global financial services company headquartered in New York City. Through its businesses, the company provides banking, lending, investment banking, payments, asset management and wealth management services to individuals, businesses, governments and institutional clients.

Its major business segments include Consumer & Community Banking, which offers deposit accounts, credit cards, mortgages, auto loans and other financial products; Commercial & Investment Banking, which provides corporate lending, advisory, underwriting, trading, treasury and payments services; and Asset & Wealth Management, which serves individual and institutional investors with investment management, brokerage and related advisory services.

JPMorgan Chase serves customers in the United States and operates internationally through offices and businesses in major financial centers around the world.

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