Key Takeaways:
- JPMorgan Chase & Co. (JPM.PR.K) announces a quarterly dividend with an attractive yield of 5.95%.
- Analysts predict a potential upside of 10.86% for JPMorgan Chase stock.
- Current brokerage consensus rates the stock as "Outperform."
Dividend Announcement Highlights
JPMorgan Chase & Co. (JPM.PR.K) has declared a quarterly dividend payment of $0.2843 per share, appealing to income-focused investors with a forward yield of 5.95%. This payment is scheduled for June 2, and investors must be recorded as shareholders by May 2 to be eligible.
Wall Street's Outlook on JPMorgan Chase
In the next year, analysts have set price targets for JPMorgan Chase (JPM, Financial), with an average of $258.45. This suggests a promising upside potential of 10.86% from its current share price of $233.13. Estimates range between a high of $330.00 and a low of $180.51, reflecting diverse expectations of the stock's performance. For further insights, visit the JPMorgan Chase & Co (JPM) Forecast page.
Brokerage Recommendations
JPMorgan Chase & Co. (JPM, Financial) receives a consensus rating of 2.3 from 24 brokerage firms, categorizing it as an "Outperform." This reflects a favorable market sentiment, where a rating of 1 would indicate a "Strong Buy," and 5, a "Sell."
Evaluating GF Value
According to GuruFocus, the one-year GF Value estimate for JPMorgan Chase & Co (JPM, Financial) stands at $206.76. This estimate hints at a potential downside of 11.31% from the current price of $233.13. The GF Value is derived from historical trading multiples, past growth trends, and projected future performance. Additional comprehensive data is available on the JPMorgan Chase & Co (JPM) Summary page.
