JPM Dividend Yield data by YCharts
(JPM - Get Report)
: J.P. Morgan Chase & Co. is a leading global financial services firm. The firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services and retail and middle market financial services. A component of the
Dow Jones Industrial Average
, JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate, institutional and government clients.
: $30.42 to $46.49
Earnings Payout Percentage
This stock currently has an annualized dividend of $1.2, yielding 2.9%.
and JPMorgan Chase are my two favorite investment banks. Both are now considered "banks" after the financial meltdown, but in the long run, I believe investment banking, trading, and big money positions will drive earnings for both companies.
More than half the analysts covering JPMorgan rate it a buy (including strong buys). Shares gained more than 22% in the last 52 weeks, and the average analyst target price is $47.38. I don't believe the price target is out of line, and before the sizable trading loss in London, shares breached $27. $50 is always tough to get over because of the "round number" influence, but above $50 is a relatively easy leg up from here in 2013.
The last reported short interest made up just 1.3% of float, which means short-sellers aren't betting much that this stock will go down.
JPM Payout Ratio TTM