5. JPMorgan Chase
(JPM - Get Report)
closed at $33.18 Friday, for a year-to-date decline of 20%. Based on the mean price target of 45.91 among analysts polled by FactSet, the shares have 38% upside potential.
Based on a 25-cent quarterly payout, the shares have a dividend yield of 3.01%.
JPMorgan stands out among the largest U.S. banks with that generous dividend payout, and following the next round of Federal Reserve
, investors are hoping for an increased return of capital, with a higher dividend payout and/or share buybacks.
for discussion of the company's third-quarter results.
After JPMorgan Chase announced its third-quarter results, FBR analyst Paul Miller lowered his 2012 earnings estimate for the company to $5.00 a share from $5.65, but reiterated his buy rating and $46.00 price target for the shares, saying the company was "well positioned with a 7.7% Tier 1 common ratio per Basel III requirements."
The shares trade for 6.6 times the consensus 2012 EPS estimate of $4.88 among analysts polled by FactSet, and for just above tangible book value, according to SNL Financial.
Out of 25 analysts covering JPMorgan Chase, 23 rate the shares a buy and two have neutral ratings.
Interested in more on JPMorgan? See TheStreet Ratings' report card for