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How to buy JPMorgan Chase (JPM) shares

Learn how to easily invest in JPMorgan Chase shares.

JPMorgan Chase & Co is a banks-diversified business based in the US. JPMorgan Chase shares (JPM) are listed on the NYSE and all prices are listed in US Dollars. JPMorgan Chase employs 260,110 staff and has a trailing 12-month revenue of around USD$128.6 billion.

How to buy shares in JPMorgan Chase

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – JPM – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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How has Coronavirus impacted JPMorgan Chase's stock price?

Since the stock market crash in March caused by coronavirus, JPMorgan Chase's stock price has had significant positive movement.

Its last market close was $163.47, which is 16.92% up on its pre-crash value of $135.81 and 112.55% up on the lowest point reached during the March crash when the stocks fell as low as $76.91.

If you had bought $1,000 worth of JPMorgan Chase stocks at the start of February 2020, those stocks would have been worth $592.73 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,226.03.

Is it a good time to buy JPMorgan Chase stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

JPMorgan Chase shares at a glance

Information last updated 2021-10-08.
Latest market close$163.47
52-week range$92.91 - $171.51
50-day moving average $160.90
200-day moving average $157.10
Wall St. target price$170.58
PE ratio 11.3563
Dividend yield $3.6 (2.12%)
Earnings per share (TTM) $14.99

JPMorgan Chase stock price (NYSE: JPM)

Use our graph to track the performance of JPM stocks over time.

JPMorgan Chase price performance over time

Historical closes compared with the close of $163.47 from 2021-10-14

1 week (2021-10-08) -3.97%
1 month (2021-09-16) 3.40%
3 months (2021-07-16) 7.61%
6 months (2021-04-16) 6.63%
1 year (2020-10-15) 60.71%
2 years (2019-10-15) 36.27%
3 years (2018-10-15) 53.72%
5 years (2016-10-14) 142.11%

Is JPMorgan Chase under- or over-valued?

Valuing JPMorgan Chase stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of JPMorgan Chase's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

JPMorgan Chase's P/E ratio

JPMorgan Chase's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, JPMorgan Chase shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

JPMorgan Chase's PEG ratio

JPMorgan Chase's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.535. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into JPMorgan Chase's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

JPMorgan Chase financials

Revenue TTM $128.6 billion
Operating margin TTM 46.91%
Gross profit TTM $102.1 billion
Return on assets TTM 1.39%
Return on equity TTM 17.37%
Profit margin 37.18%
Book value $84.85
Market capitalisation $508.6 billion

TTM: trailing 12 months

Shorting JPMorgan Chase shares

There are currently 18.8 million JPMorgan Chase shares held short by investors – that's known as JPMorgan Chase's "short interest". This figure is 13.8% down from 21.8 million last month.

There are a few different ways that this level of interest in shorting JPMorgan Chase shares can be evaluated.

JPMorgan Chase's "short interest ratio" (SIR)

JPMorgan Chase's "short interest ratio" (SIR) is the quantity of JPMorgan Chase shares currently shorted divided by the average quantity of JPMorgan Chase shares traded daily (recently around 9.2 million). JPMorgan Chase's SIR currently stands at 2.05. In other words for every 100,000 JPMorgan Chase shares traded daily on the market, roughly 2050 shares are currently held short.

However JPMorgan Chase's short interest can also be evaluated against the total number of JPMorgan Chase shares, or, against the total number of tradable JPMorgan Chase shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case JPMorgan Chase's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 JPMorgan Chase shares in existence, roughly 10 shares are currently held short) or 0.0063% of the tradable shares (for every 100,000 tradable JPMorgan Chase shares, roughly 6 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against JPMorgan Chase.

JPMorgan Chase's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like JPMorgan Chase.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

JPMorgan Chase's total ESG risk score

Total ESG risk: 24.51

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and JPMorgan Chase's overall score of 24.51 (as at 12/31/2018) is pretty good – landing it in it in the 29th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like JPMorgan Chase is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

JPMorgan Chase's environmental score

Environmental score: 1.16/100

JPMorgan Chase's environmental score of 1.16 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that JPMorgan Chase is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

JPMorgan Chase's social score

Social score: 12.45/100

JPMorgan Chase's social score of 12.45 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that JPMorgan Chase is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

JPMorgan Chase's governance score

Governance score: 7.4/100

JPMorgan Chase's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that JPMorgan Chase is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

JPMorgan Chase's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. JPMorgan Chase scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that JPMorgan Chase hasn't always managed to keep its nose clean.

JPMorgan Chase share dividends

25%

Dividend payout ratio: 25.46% of net profits

Recently JPMorgan Chase has paid out, on average, around 25.46% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.35% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), JPMorgan Chase shareholders could enjoy a 2.35% return on their shares, in the form of dividend payments. In JPMorgan Chase's case, that would currently equate to about $3.6 per share.

While JPMorgan Chase's payout ratio might seem fairly standard, it's worth remembering that JPMorgan Chase may be investing much of the rest of its net profits in future growth.

JPMorgan Chase's most recent dividend payout was on 30 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 October 2021 (the "ex-dividend date").

Have JPMorgan Chase's shares ever split?

JPMorgan Chase's shares were split on a 3:2 basis on 11 June 2000. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your JPMorgan Chase shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for JPMorgan Chase shares which in turn could have impacted JPMorgan Chase's share price.

JPMorgan Chase share price volatility

Over the last 12 months, JPMorgan Chase's shares have ranged in value from as little as $92.9063 up to $171.51. A popular way to gauge a stock's volatility is its "beta".

JPM.US volatility(beta: 1.14)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while JPMorgan Chase's is 1.1439. This would suggest that JPMorgan Chase's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

JPMorgan Chase overview

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates in four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, auto loan, and leasing services. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; wholesale payments and cross-border financing; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, investment banking, and asset management to small business, large and midsized corporations, local governments, and nonprofit clients; and commercial real estate banking services to investors, developers, and owners of multifamily, as well as to office, retail, industrial, and affordable housing properties.

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