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Why JPMorgan Chase & Co. (JPM) Dipped More Than Broader Market Today
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In the latest close session, JPMorgan Chase & Co. (JPM - Free Report) was down 1.89% at $336.59. This move lagged the S&P 500's daily loss of 0.77%. On the other hand, the Dow registered a loss of 0.67%, and the technology-centric Nasdaq decreased by 0.92%.
The company's shares have seen a decrease of 4.07% over the last month, not keeping up with the Finance sector's loss of 3.48% and the S&P 500's gain of 0.96%.
The investment community will be closely monitoring the performance of JPMorgan Chase & Co. in its forthcoming earnings report. The company is scheduled to release its earnings on October 13, 2026. The company is predicted to post an EPS of $5.84, indicating a 15.19% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $51.5 billion, up 10.92% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $24.95 per share and a revenue of $208.05 billion, signifying shifts of +22.66% and +14.03%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for JPMorgan Chase & Co. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.06% upward. At present, JPMorgan Chase & Co. boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, JPMorgan Chase & Co. is currently exchanging hands at a Forward P/E ratio of 13.75. This indicates a premium in contrast to its industry's Forward P/E of 13.26.
Investors should also note that JPM has a PEG ratio of 1.37 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Financial - Investment Bank industry stood at 0.94 at the close of the market yesterday.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 96, which puts it in the top 40% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Image: Bigstock
Why JPMorgan Chase & Co. (JPM) Dipped More Than Broader Market Today
In the latest close session, JPMorgan Chase & Co. (JPM - Free Report) was down 1.89% at $336.59. This move lagged the S&P 500's daily loss of 0.77%. On the other hand, the Dow registered a loss of 0.67%, and the technology-centric Nasdaq decreased by 0.92%.
The company's shares have seen a decrease of 4.07% over the last month, not keeping up with the Finance sector's loss of 3.48% and the S&P 500's gain of 0.96%.
The investment community will be closely monitoring the performance of JPMorgan Chase & Co. in its forthcoming earnings report. The company is scheduled to release its earnings on October 13, 2026. The company is predicted to post an EPS of $5.84, indicating a 15.19% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $51.5 billion, up 10.92% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $24.95 per share and a revenue of $208.05 billion, signifying shifts of +22.66% and +14.03%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for JPMorgan Chase & Co. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.06% upward. At present, JPMorgan Chase & Co. boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, JPMorgan Chase & Co. is currently exchanging hands at a Forward P/E ratio of 13.75. This indicates a premium in contrast to its industry's Forward P/E of 13.26.
Investors should also note that JPM has a PEG ratio of 1.37 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Financial - Investment Bank industry stood at 0.94 at the close of the market yesterday.
The Financial - Investment Bank industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 96, which puts it in the top 40% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.