EPS for JPMorgan Chase & Co. (JPM) Expected At $2.29

September 16, 2018 - By Anthony Romero

JPMorgan Chase & Co. (NYSE:JPM) LogoInvestors sentiment increased to 0.99 in 2018 Q2. Its up 0.18, from 0.81 in 2018Q1. It improved, as 51 investors sold JPMorgan Chase & Co. shares while 741 reduced holdings. 112 funds opened positions while 669 raised stakes. 2.34 billion shares or 2.08% less from 2.39 billion shares in 2018Q1 were reported.
627,616 were reported by Utah Retirement. Chesapeake Asset Ltd Liability Co reported 25,648 shares stake. Busey Tru holds 2.05% or 198,554 shares in its portfolio. Leavell Invest Management stated it has 1.01% of its portfolio in JPMorgan Chase & Co. (NYSE:JPM). Centurylink Invest Mngmt Company invested in 46,640 shares. Amundi Pioneer Asset Mgmt Incorporated holds 1.19% or 7.94M shares. Sandhill Prtnrs Ltd Liability reported 0.34% in JPMorgan Chase & Co. (NYSE:JPM). Callahan Ltd Co accumulated 2.63% or 128,027 shares. Eagle Asset Mgmt Incorporated invested in 1.43M shares. Clean Yield Gru has 5,412 shares for 0.23% of their portfolio. Baskin Financial Inc owns 174,307 shares or 3.4% of their US portfolio. Graham Cap Lp accumulated 9,035 shares. Peapack Gladstone Financial invested in 435,259 shares or 2.37% of the stock. Mitchell Mcleod Pugh Williams owns 22,760 shares. Timber Creek Capital Management Limited Liability Corp, Massachusetts-based fund reported 2,017 shares.

Since April 16, 2018, it had 2 insider buys, and 1 sale for $14,319 activity. Smith Gordon also sold $3.50M worth of JPMorgan Chase & Co. (NYSE:JPM) shares. Combs Todd A. bought $1.49M worth of stock.

Analysts expect JPMorgan Chase & Co. (NYSE:JPM) to report $2.29 EPS on October, 11.They anticipate $0.53 EPS change or 30.11 % from last quarter’s $1.76 EPS. JPM’s profit would be $7.70B giving it 12.39 P/E if the $2.29 EPS is correct. After having $2.29 EPS previously, JPMorgan Chase & Co.’s analysts see 0.00 % EPS growth. The stock decreased 0.02% or $0.02 during the last trading session, reaching $113.5. About 10.34 million shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 24.41% since September 16, 2017 and is uptrending. It has outperformed by 8.79% the S&P500.

JPMorgan Chase & Co. (NYSE:JPM) Ratings Coverage

Among 7 analysts covering JPMorgan Chase (NYSE:JPM), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. JPMorgan Chase had 9 analyst reports since March 19, 2018 according to SRatingsIntel. The rating was maintained by Credit Suisse on Monday, March 19 with “Outperform”. BMO Capital Markets maintained JPMorgan Chase & Co. (NYSE:JPM) on Friday, April 13 with “Hold” rating. BMO Capital Markets maintained JPMorgan Chase & Co. (NYSE:JPM) rating on Monday, July 16. BMO Capital Markets has “Market Perform” rating and $118 target. The rating was upgraded by DZ Bank to “Buy” on Thursday, July 19. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Buy” rating given on Sunday, April 15 by Jefferies. The rating was maintained by Morgan Stanley with “Overweight” on Monday, April 30. The stock has “Buy” rating by Credit Suisse on Thursday, April 12. The stock of JPMorgan Chase & Co. (NYSE:JPM) has “Hold” rating given on Friday, April 13 by Nomura.

JPMorgan Chase & Co. operates as a financial services firm worldwide. The company has market cap of $381.41 billion. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management divisions. It has a 15.19 P/E ratio. The Consumer & Community Banking segment offers deposit and investment services and products to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment services, payment processing services, auto loans and leases, and student loans.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Bizjournals.com which released: “Transit, tech, good schools key for cities like Orlando, says JPMorgan Chase’s chief economist” on September 05, 2018, also Seekingalpha.com with their article: “JPMorgan Chase & Co. (JPM) Management at the Barclays Global Financial Services Conference (Transcript)” published on September 14, 2018, Seekingalpha.com published: “JPMorgan Chase Declares Preferred Stock Dividends” on September 14, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: 247Wallst.com and their article: “Joe Public Is Running Out of Excuses Not to Invest and Save for the Future” published on August 21, 2018 as well as Nasdaq.com‘s news article titled: “3 Top Bank Stocks to Buy in September” with publication date: September 15, 2018.

JPMorgan Chase & Co. (NYSE:JPM) Institutional Positions Chart

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