What is Seaport Res Ptn’s Estimate for JPM Q4 Earnings?

JPMorgan Chase & Co. (NYSE:JPM) – Investment analysts at Seaport Res Ptn upped their Q4 2024 earnings per share (EPS) estimates for JPMorgan Chase & Co. in a report issued on Tuesday, January 7th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will earn $3.97 per share for the quarter, up from their prior forecast of $3.74. The consensus estimate for JPMorgan Chase & Co.’s current full-year earnings is $17.62 per share. Seaport Res Ptn also issued estimates for JPMorgan Chase & Co.’s Q1 2025 earnings at $4.30 EPS, Q2 2025 earnings at $4.29 EPS, Q3 2025 earnings at $4.29 EPS, Q4 2025 earnings at $4.37 EPS, FY2025 earnings at $17.25 EPS and FY2026 earnings at $18.75 EPS.

A number of other research analysts also recently issued reports on JPM. Truist Financial assumed coverage on JPMorgan Chase & Co. in a report on Tuesday. They issued a “hold” rating and a $260.00 price target for the company. Wolfe Research raised JPMorgan Chase & Co. from a “peer perform” rating to an “outperform” rating and set a $269.00 target price for the company in a research note on Friday, January 3rd. Royal Bank of Canada upped their target price on JPMorgan Chase & Co. from $211.00 to $230.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. Morgan Stanley downgraded JPMorgan Chase & Co. from an “overweight” rating to an “equal weight” rating and upped their target price for the stock from $220.00 to $224.00 in a research note on Monday, September 30th. Finally, Evercore ISI upped their target price on JPMorgan Chase & Co. from $217.00 to $230.00 and gave the stock an “outperform” rating in a research note on Monday, October 14th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $245.83.

JPMorgan Chase & Co. Trading Down 1.3 %

Shares of NYSE:JPM opened at $240.02 on Friday. JPMorgan Chase & Co. has a 12-month low of $164.30 and a 12-month high of $254.31. The company has a market capitalization of $675.74 billion, a PE ratio of 13.36, a PEG ratio of 3.54 and a beta of 1.11. The business has a 50 day moving average of $241.59 and a two-hundred day moving average of $222.53. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.27.

JPMorgan Chase & Co. (NYSE:JPM) last issued its earnings results on Friday, October 11th. The financial services provider reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $4.02 by $0.35. JPMorgan Chase & Co. had a return on equity of 16.71% and a net margin of 19.64%. The firm had revenue of $43.32 billion for the quarter, compared to analyst estimates of $41.43 billion. During the same quarter in the prior year, the firm earned $4.33 earnings per share. JPMorgan Chase & Co.’s revenue for the quarter was up 6.5% on a year-over-year basis.

JPMorgan Chase & Co. Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, January 6th will be issued a $1.25 dividend. This represents a $5.00 annualized dividend and a yield of 2.08%. The ex-dividend date is Monday, January 6th. JPMorgan Chase & Co.’s payout ratio is currently 27.82%.

Institutional Trading of JPMorgan Chase & Co.

Several large investors have recently added to or reduced their stakes in JPM. RMR Wealth Builders grew its holdings in shares of JPMorgan Chase & Co. by 4.4% during the 4th quarter. RMR Wealth Builders now owns 33,057 shares of the financial services provider’s stock worth $7,924,000 after purchasing an additional 1,382 shares during the period. Lowe Wealth Advisors LLC grew its holdings in shares of JPMorgan Chase & Co. by 34.0% during the 4th quarter. Lowe Wealth Advisors LLC now owns 201 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 51 shares during the period. HBW Advisory Services LLC grew its holdings in shares of JPMorgan Chase & Co. by 10.6% during the 4th quarter. HBW Advisory Services LLC now owns 4,925 shares of the financial services provider’s stock worth $1,181,000 after purchasing an additional 473 shares during the period. Harbor Capital Advisors Inc. grew its holdings in shares of JPMorgan Chase & Co. by 2.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 60,290 shares of the financial services provider’s stock worth $14,452,000 after purchasing an additional 1,429 shares during the period. Finally, ST Germain D J Co. Inc. grew its holdings in shares of JPMorgan Chase & Co. by 0.7% during the 4th quarter. ST Germain D J Co. Inc. now owns 192,444 shares of the financial services provider’s stock worth $46,131,000 after purchasing an additional 1,282 shares during the period. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

About JPMorgan Chase & Co.

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.