JPM
JPMorgan Chase & Co.
JPM has the edge over NODK overall, supported by stronger fundamentals.
NODK
NI Holdings, Inc.
NODK has slightly lower modeled downside risk, despite its lower overall score.
JPM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.
NODK Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| N/A | |
| N/A |
NODK's profitability is currently strong, but its revenue is under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like NODK.
JPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $231 | -33% |
| Fair | 12x | $287 | -16% |
| Current | 14x | $343 | — |
| Forward | 14x | $343 | — |
| Expensive | 15x | $361 | +5.2% |
Historical ranges are pointers, not guarantees.
JPM has the edge over NODK in the historical PE scenario, which offers more potential upside but is not a forecast.
NODK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 10x | $7.54 | -50% |
| Fair | 17x | $12.02 | -20% |
| Current | 21x | $14.97 | — |
| Expensive | 96x | $69.38 | +363% |
Historical ranges are pointers, not guarantees.
NODK's PE is in its fair range at 21x.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for JPM, with profitability improving.
NODK Forward outlook
There aren't enough analyst estimates for NODK to show an outlook.
JPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $24.99 | +4.8% |
| Q3 2026 | $23.85 | +18% |
| Q2 2026 | $23.35 | +20% |
| Q1 2026 | $20.89 | +2.5% |
| Q4 2025 | $20.02 | +1.4% |
| Q3 2025 | $20.20 | +12% |
| Q2 2025 | $19.50 | +8.7% |
| Q1 2025 | $20.38 | +23% |
| Q4 2024 | $19.75 | +22% |
JPM has the edge over NODK on earnings, with more consistent year-over-year improvement.
NODK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.72 | +414% |
| Q2 2026 | $0.37 | +311% |
| Q1 2026 | -$0.21 | +$0.07 |
| Q4 2025 | -$0.50 | -$0.21 |
| Q3 2025 | $0.14 | +$0.60 |
| Q2 2025 | $0.09 | +$0.41 |
| Q1 2025 | -$0.28 | -217% |
| Q4 2024 | -$0.29 | -$0.03 |
NODK's earnings per share have fallen from their peak: $0.72 over the past year, against $2.47 in early 2021.
JPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $50.2B | +8.1% |
| Q2 2026 | $57.3B | +28% |
| Q1 2026 | $49.8B | +10% |
| Q4 2025 | $45.8B | +7.1% |
| Q3 2025 | $46.4B | +8.8% |
| Q2 2025 | $44.9B | -11% |
| Q1 2025 | $45.3B | +8.1% |
| Q4 2024 | $42.8B | +11% |
JPM has the edge over NODK on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | -0.2 points |
| Q2 2026 | 48% | +7.3 points |
| Q1 2026 | 41% | +0.5 points |
| Q4 2025 | 37% | -3.2 points |
| Q3 2025 | 40% | +0.6 points |
| Q2 2025 | 41% | -6 points |
| Q1 2025 | 41% | -0.6 points |
| Q4 2024 | 41% | +11 points |
JPM has the edge over NODK on profitability, with a higher operating margin.
NODK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $68.6M | -10% |
| Q2 2026 | $70.2M | -7.7% |
| Q1 2026 | $59.6M | -17% |
| Q4 2025 | $61M | -17% |
| Q3 2025 | $76.6M | -14% |
| Q2 2025 | $76.1M | -13% |
| Q1 2025 | $71.4M | -22% |
| Q4 2024 | $73.9M | -22% |
NODK's revenue has slid since its 2023 peak: $69M last quarter, down 10% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | +13 points |
| Q2 2026 | 0.3% | +21 points |
| Q1 2026 | 26% | +16 points |
| Q4 2025 | -4.8% | -24 points |
| Q3 2025 | -2.4% | +1.4 points |
| Q2 2025 | -20% | -9.8 points |
| Q1 2025 | 11% | +1.9 points |
| Q4 2024 | 19% | +6.5 points |
NODK's operating margin was 10% last quarter, up 13 points from the same quarter a year ago.
JPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $33.2B | +$78.4B |
| Q2 2026 | -$25.3B | -186% |
| Q1 2026 | -$211.8B | +$40.1B |
| Q4 2025 | $119.7B | -19% |
| Q3 2025 | -$45.2B | +$28.9B |
| Q2 2025 | $29.5B | -23% |
| Q1 2025 | -$251.8B | -$97.7B |
| Q4 2024 | $147.8B | +145% |
JPM has the edge over NODK on cash flow, with more consistent year-over-year improvement.
NODK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$15.3M | +$29.6M |
| Q2 2026 | $893K | -86% |
| Q1 2026 | -$1.9M | -119% |
| Q4 2025 | $13.2M | -38% |
| Q3 2025 | -$44.8M | -$26.7M |
| Q2 2025 | $6.2M | -65% |
| Q1 2025 | $9.9M | -39% |
| Q4 2024 | $21.5M | -26% |
NODK's free cash flow was −$3M over the past year, against −$7M the year before. Free cash flow isn't a meaningful measure for financial services companies like NODK.
JPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -11.2M shares |
| 1 year | -3.1% | -84.6M shares |
| 3 years | -8.5% | -249M shares |
| 5 years | -11% | -322M shares |
| Available history | -17% | -547M shares |
JPM has the edge over NODK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $6.8B |
| Q1 2026 | $8.3B |
| Q4 2025 | $8.3B |
| Q3 2025 | $8.3B |
| Q2 2025 | $7.5B |
| Q1 2025 | $7.5B |
| Q4 2024 | $4.3B |
JPM spent $24.5B buying back its own shares over the past year, down 11% from the year before.
NODK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -58.4K shares |
| 1 year | -0.9% | -185K shares |
| 3 years | -1.8% | -377K shares |
| 5 years | -2.8% | -595K shares |
| Available history | -6.5% | -1.4M shares |
NODK has 21M diluted shares, down 0.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2023 | $2.6M |
| Q1 2023 | $621,000 |
| Q4 2022 | $1.3M |
| Q3 2022 | $939,000 |
| Q2 2022 | $934,000 |
| Q1 2022 | $997,000 |
| Q4 2021 | $1.1M |
| Q3 2021 | $944,000 |
JPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.4x | Very low |
JPM's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like JPM.
NODK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.1x | Net Cash |
| Q2 2026 | -4.1x | Net Cash |
| Q3 2025 | -4.4x | Net Cash |
| Q4 2024 | -4.7x | Net Cash |
| Q3 2024 | -4.5x | Net Cash |
| Q2 2024 | -4.1x | Net Cash |
| Q1 2024 | -6.2x | Net Cash |
| Q4 2021 | -5.3x | Net Cash |
NODK has the edge over JPM on leverage, with a lower net debt burden relative to earnings.
JPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 31.5 | Neutral |
JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).
NODK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.8 | Neutral |
| Stochastic | 29.3 | Neutral |
NODK's weekly RSI is 52 (neutral) and its Stochastic is 29 (neutral).
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM has the edge over NODK on valuation relative to its sector.
NODK PE vs Financial Services Sector
| Metric | NODK | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 13x | 60% above |
| PE % | 54 | 63 | 9 pts below |
NODK is trading at 21x earnings, a 60% premium to the Financial Services sector's median of 13x.
JPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $336.8 | 1.8% above |
| 20 week MA | $345.3 | 0.7% below |
| 50 week MA | $323.2 | 6.1% above |
| 100 week MA | $298.9 | 15% above |
| 200 week MA | $236.6 | 45% above |
JPM's trend is mixed: it's above four of its five weekly moving averages, and 45% above its 200-week average.
NODK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.9 | 0.2% above |
| 20 week MA | $15.3 | 1.8% below |
| 50 week MA | $14.3 | 4.8% above |
| 100 week MA | $13.9 | 7.4% above |
| 200 week MA | $14.0 | 6.6% above |
NODK's trend is mixed: it's above four of its five weekly moving averages, and 6.6% above its 200-week average.
JPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.1 | $124.5 | -11% |
| 2021 | $124.5 | $157.3 | +26% |
| 2022 | $157.3 | $131.3 | -17% |
| 2023 | $131.3 | $170.1 | +30% |
| 2024 | $170.1 | $241.2 | +42% |
| 2025 | $241.2 | $327.9 | +36% |
| 2026 YTD | $327.9 | $342.8 | +4.5% |
JPM has finished higher in four of the last six years. It's up 4.5% so far in 2026.
NODK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $17.3 | $16.7 | -3.5% |
| 2021 | $16.7 | $19.0 | +14% |
| 2022 | $19.0 | $13.4 | -30% |
| 2023 | $13.4 | $13.0 | -2.8% |
| 2024 | $13.0 | $15.7 | +21% |
| 2025 | $15.7 | $13.5 | -14% |
| 2026 YTD | $13.5 | $15.0 | +11% |
NODK has the edge over JPM on returns for 2026, with the stronger performance.