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How to buy JPMorgan Chase (JPM) shares in Australia

Learn how to easily invest in JPMorgan Chase shares.

JPMorgan Chase & Co is a banks - diversified business with stocks listed in the US. JPMorgan Chase shares (JPM) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was US$208.59 – a decrease of 0.66% over the previous week. Here's how to invest if you're based in Australia.

How to buy shares in JPMorgan Chase

  1. Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for JPMorgan Chase. Find the share by name or ticker symbol: JPM. Research its history to confirm it's a solid investment that matches your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until JPMorgan Chase reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$208.59, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of JPMorgan Chase, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of JPMorgan Chase. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.

JPMorgan Chase stock price (NYSE:JPM)

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

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 the split, the next day you would own 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 shares at a glance

Information last updated 2024-07-18.
52-week rangeUS$132.8462 - US$217.56
50-day moving average US$200.9192
200-day moving average US$177.911
Target priceUS$213.4
PE ratio 11.7111
Dividend yield US$4.4 (2.19%)
Earnings per share (TTM) US$17.93

JPMorgan Chase share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

JPMorgan Chase price performance over time

Historical closes compared with the last close of $208.59

1 week (2024-07-19) -0.57%
1 month (2024-06-26) 5.65%
3 months (2024-04-26) 7.80%
6 months (2024-01-26) 21.08%
1 year (2023-07-26) 32.22%
2 years (2022-07-25) 81.04%
3 years (2021-07-23) 38.47%
5 years (2019-07-26) 79.48%

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy JPMorgan Chase stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. 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.

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 12x. In other words, JPMorgan Chase shares trade at around 12x 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 3.3555. 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 share price volatility

Over the last 12 months, JPMorgan Chase's shares have ranged in value from as little as US$132.8462 up to US$217.56. A popular way to gauge a stock's volatility is its "beta".

JPM.US volatility(beta: 1.11)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while JPMorgan Chase's is 1.112. 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 financials

Revenue TTM US$161.4 billion
Operating margin TTM 50.38%
Gross profit TTM US$122.3 billion
Return on assets TTM 1.35%
Return on equity TTM 16.55%
Profit margin 33.47%
Book value 111.297
Market capitalisation US$603 billion

TTM: trailing 12 months

JPMorgan Chase share dividends

21%

Dividend payout ratio: 21.13% of net profits

Recently JPMorgan Chase has paid out, on average, around 21.13% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.19% 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 2.19% return on their shares, in the form of dividend payments. In JPMorgan Chase's case, that would currently equate to about $4.4 per share.

While JPMorgan Chase's payout ratio might seem low, this can signify that JPMorgan Chase is investing more in its future growth.

JPMorgan Chase's most recent dividend payout was on 30 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 4 July 2024 (the "ex-dividend date").

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.

Environmental, social, and governance (ESG) summary

JPMorgan Chase & Co was last rated for ESG on: 2019-01-01.

Total ESG score 24.51
Total ESG percentile 28.52
Environmental score 1.16
Environmental score percentile 3
Social score 12.45
Social score percentile 3
Governance score 7.4
Governance score percentile 3
Level of controversy 3

JPMorgan Chase overview

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt market capital-raising services, as well as loan origination and syndication; payments; and cash 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, payments, investment banking, and asset management to small and midsized companies, local governments, nonprofit clients, and large corporations, as well as investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, estate planning, lending, deposits, and investment management products to high net worth clients. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

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