Somewhat Favorable Press Coverage Somewhat Unlikely to Affect JPMorgan Chase (JPM) Stock Price

News stories about JPMorgan Chase (NYSE:JPM) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. JPMorgan Chase earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.4581653148985 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:

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NYSE:JPM traded down $1.27 during midday trading on Wednesday, hitting $108.06. The stock had a trading volume of 1,633,489 shares, compared to its average volume of 15,848,004. JPMorgan Chase has a one year low of $81.64 and a one year high of $119.33. The stock has a market cap of $370,136.78, a P/E ratio of 15.91, a price-to-earnings-growth ratio of 1.82 and a beta of 1.24. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.24.

JPMorgan Chase (NYSE:JPM) last announced its quarterly earnings data on Friday, January 12th. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.07. JPMorgan Chase had a return on equity of 11.63% and a net margin of 21.46%. The company had revenue of $24.15 billion for the quarter, compared to analysts’ expectations of $24.87 billion. During the same quarter in the prior year, the firm earned $1.71 earnings per share. JPMorgan Chase’s revenue was up 3.3% compared to the same quarter last year. sell-side analysts anticipate that JPMorgan Chase will post 8.88 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 30th. Investors of record on Friday, April 6th will be paid a $0.56 dividend. The ex-dividend date is Thursday, April 5th. This represents a $2.24 annualized dividend and a yield of 2.07%. JPMorgan Chase’s dividend payout ratio (DPR) is currently 32.61%.

A number of equities research analysts have issued reports on the company. ValuEngine downgraded JPMorgan Chase from a “buy” rating to a “hold” rating in a research report on Monday. Vetr upgraded JPMorgan Chase from a “buy” rating to a “strong-buy” rating and set a $123.29 price objective on the stock in a research report on Friday, March 23rd. Edward Jones upgraded JPMorgan Chase from a “hold” rating to a “buy” rating in a research report on Thursday, March 22nd. Zacks Investment Research downgraded JPMorgan Chase from a “buy” rating to a “hold” rating in a research report on Tuesday, March 20th. Finally, Credit Suisse Group upped their price objective on JPMorgan Chase from $125.00 to $127.00 and gave the company an “outperform” rating in a research report on Monday, March 19th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $112.14.

In other JPMorgan Chase news, CEO Mary E. Erdoes sold 65,101 shares of the stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $112.25, for a total transaction of $7,307,587.25. Following the sale, the chief executive officer now owns 479,882 shares of the company’s stock, valued at approximately $53,866,754.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ashley Bacon sold 16,434 shares of the stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $112.22, for a total value of $1,844,223.48. Following the sale, the insider now directly owns 98,811 shares in the company, valued at approximately $11,088,570.42. The disclosure for this sale can be found here. In the last three months, insiders sold 152,047 shares of company stock worth $17,098,115. 0.88% of the stock is owned by insiders.

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About JPMorgan Chase

JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment processing services, auto loans and leases.

Insider Buying and Selling by Quarter for JPMorgan Chase (NYSE:JPM)

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