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jpmorgan chase poised for another earnings surprise in upcoming report
JPMorgan Chase & Co. (JPM) is poised for another earnings beat, having consistently surpassed estimates in recent quarters with an average surprise of 14.03%. The company currently holds a positive Earnings ESP of +1.19% and a Zacks Rank #3, indicating strong potential for its upcoming earnings report on April 11, 2025.
circle hires jpmorgan and citigroup to prepare for ipo
Circle, the issuer of the USDC stablecoin, has engaged JPMorgan and Citigroup as lead underwriters for its upcoming IPO, anticipated by summer. The company aims for a $5 billion valuation and plans to file its prospectus by late April, following a previous attempt to go public that was halted in 2021. Stablecoins like USDC are pegged to assets such as the U.S. dollar, and Circle is the second-largest stablecoin issuer after Tether.
JPMorgan Chase & Co. reported a strong fourth-quarter performance with an EPS of $4.81, surpassing estimates, and a revenue of $42.77 billion, up 10.9% year-over-year. The company announced a dividend increase to $1.40 per share, reflecting a 2.28% yield. Despite a recent analyst downgrade, the stock maintains a "Moderate Buy" rating with a consensus target price of $254.83.
jpmorgan chase stock analysis buy or hold in uncertain market conditions
JPMorgan Chase, the largest U.S. bank, continues to attract investors with its strong market performance and "fortress balance sheet." While analysts generally recommend buying the stock, its long-term outlook suggests caution due to high valuations. The bank's diverse revenue streams and solid financials position it for potential growth, but investors may want to consider waiting before purchasing.
Zurcher Kantonalbank increased its stake in PTC Therapeutics by 6.1%, while Edgestream Partners raised theirs by 37.6%. Point72 Asset Management significantly boosted its holdings by 945.6%, now owning 575,860 shares valued at $21.36 million. Analysts have mixed ratings on the stock, with a consensus "Moderate Buy" and a target price of $63.77.
Bank of Montreal Can and Intact Investment Management Inc. increased their stakes in Lightspeed Commerce, with the former owning over 2 million shares and the latter nearly 1.7 million shares. Institutional investors hold 68.68% of the stock, which recently saw its price target cut by JPMorgan Chase & Co. from $13.00 to $10.00, reflecting a neutral rating. The stock traded down to $8.85, with analysts forecasting a modest earnings per share for the current fiscal year.
insider trading activity and analyst ratings for jpmorgan chase and co
JPMorgan Chase & Co. insiders sold a total of 76,848 shares worth nearly $20 million last quarter, with CEO Troy L. Rohrbaugh selling 25,000 shares for $6.18 million. Institutional investors hold 71.55% of the stock, while analysts maintain a "Moderate Buy" rating with a consensus target price of $254.83. The stock recently traded down 0.7% to $243.50.
jpmorgan private markets fund launched on schwab alternative investment platform
J.P. Morgan Asset Management has launched its JPMorgan Private Markets Fund on the Schwab Alternative Investment OneSource platform, providing investors access to a diversified portfolio of small and mid-market companies. This fund employs innovative strategies aimed at resilience and long-term growth, managed by a team with over 40 years of experience in private markets. This addition follows the inclusion of the JPMorgan Real Estate Income Trust in 2024, enhancing Schwab's offerings in alternative investments.
jpmorgan private markets fund joins schwab alternative investment platform
J.P. Morgan Asset Management has announced the addition of its JPMorgan Private Markets Fund to the Schwab Alternative Investment OneSource platform, enhancing access to private market investments for individual investors. The fund offers a diversified portfolio of small and mid-market companies, employing innovative strategies to deliver long-term value. This follows the previous inclusion of the JPMorgan Real Estate Income Trust in 2024, further expanding investment options available through Schwab.
dividend stocks poised for growth amid economic uncertainty in 2024
JPMorgan Chase & Co. is highlighted as a top choice for dividend capture in April, reflecting the resilience of dividend growth stocks during economic downturns. Analysts suggest that these stocks, particularly dividend aristocrats, can provide stability amid market volatility, with many currently trading at attractive valuations. The trend of increasing dividend payouts, especially in the tech sector, signals a promising outlook for income-focused investors.
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