Charles Schwab's (SCHW) "Market Outperform" Rating Reiterated at Citizens Jmp

Key Points

• Citizens JMP reaffirmed its “market outperform” rating on Charles Schwab and set a $120 price target, implying 27.69% upside from the prior close. The broader analyst consensus is “Moderate Buy,” with an average target of $119.
• Charles Schwab reported quarterly EPS of $1.69, ahead of the $1.66 consensus, while revenue rose 16.9% year over year to $7.17 billion, slightly below estimates. Analysts expect full-year EPS of approximately $6.45.
• Insiders sold 645,582 shares worth about $69.6 million over the past three months, while institutional investors own 84.38% of the company. The stock recently traded at $93.98, below its 52-week high of $114.53.

Charles Schwab (NYSE:SCHW - Get Free Report)'s stock had its "market outperform" rating restated by investment analysts at Citizens Jmp in a research note issued to investors on Friday, Benzinga reports. They currently have a $120.00 target price on the financial services provider's stock. Citizens Jmp's price objective would suggest a potential upside of 27.69% from the stock's previous close.

Other equities analysts also recently issued reports about the stock. Wells Fargo & Company set a $103.00 target price on shares of Charles Schwab in a report on Friday. BMO Capital Markets downgraded shares of Charles Schwab from an "outperform" rating to a "market perform" rating and set a $105.00 target price on the stock. in a report on Monday, July 20th. Argus boosted their target price on shares of Charles Schwab from $108.00 to $114.00 and gave the stock a "buy" rating in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Charles Schwab in a report on Wednesday, July 22nd. Finally, Morgan Stanley upped their price objective on shares of Charles Schwab from $136.00 to $141.00 and gave the company an "overweight" rating in a report on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $119.00.

Charles Schwab Stock Performance

Shares of SCHW opened at $93.98 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.64. Charles Schwab has a twelve month low of $83.96 and a twelve month high of $114.53. The firm's 50 day moving average price is $104.81 and its two-hundred day moving average price is $98.19. The firm has a market cap of $162.53 billion, a P/E ratio of 17.02, a PEG ratio of 0.82 and a beta of 0.79.

Charles Schwab (NYSE:SCHW - Get Free Report) last announced its quarterly earnings data on Thursday, October 15th. The financial services provider reported $1.69 EPS for the quarter, topping analysts' consensus estimates of $1.66 by $0.03. The business had revenue of $7.17 billion for the quarter, compared to analyst estimates of $7.18 billion. Charles Schwab had a net margin of 38.79% and a return on equity of 24.53%. The firm's revenue for the quarter was up 16.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.31 earnings per share. On average, analysts forecast that Charles Schwab will post 6.45 EPS for the current fiscal year.

Insider Buying and Selling at Charles Schwab

In other news, insider Dennis Howard sold 2,198 shares of the firm's stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $110.00, for a total value of $241,780.00. Following the sale, the insider directly owned 6,980 shares in the company, valued at approximately $767,800. This trade represents a 23.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Walter W. Bettinger sold 74,388 shares of the firm's stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $110.91, for a total transaction of $8,250,373.08. Following the completion of the sale, the chairman owned 610,360 shares in the company, valued at approximately $67,695,027.60. The trade was a 10.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 645,582 shares of company stock valued at $69,553,935 over the last three months. 6.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Sheets Smith Wealth Management raised its holdings in Charles Schwab by 0.7% during the 1st quarter. Sheets Smith Wealth Management now owns 14,521 shares of the financial services provider's stock worth $1,365,000 after purchasing an additional 108 shares during the last quarter. Peoples Bank KS raised its holdings in Charles Schwab by 2.7% during the 2nd quarter. Peoples Bank KS now owns 4,331 shares of the financial services provider's stock worth $400,000 after purchasing an additional 113 shares during the last quarter. Sweeney & Michel LLC raised its holdings in Charles Schwab by 1.6% during the 1st quarter. Sweeney & Michel LLC now owns 7,333 shares of the financial services provider's stock worth $710,000 after purchasing an additional 115 shares during the last quarter. Crumly & Associates Inc. raised its holdings in Charles Schwab by 1.1% during the 2nd quarter. Crumly & Associates Inc. now owns 10,479 shares of the financial services provider's stock worth $967,000 after purchasing an additional 115 shares during the last quarter. Finally, Cypress Capital Group raised its holdings in Charles Schwab by 4.2% during the 1st quarter. Cypress Capital Group now owns 2,945 shares of the financial services provider's stock worth $277,000 after purchasing an additional 118 shares during the last quarter. Institutional investors own 84.38% of the company's stock.

Key Headlines Impacting Charles Schwab

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Strong Q3 results and asset inflows: Adjusted EPS was $1.69, ahead of the $1.66 consensus, while revenue rose 16.9% year over year to $7.17 billion. Core net new assets reached a record $190.4 billion, up 38%, and total client assets climbed to $13.33 trillion. Schwab Delivers Record Net New Assets & Earnings
• Positive Sentiment: Trading and client engagement remain healthy: Trading activity increased sharply, while Schwab added approximately 1.2 million brokerage accounts. Higher net interest revenue, lending and platform usage supported earnings growth. Schwab Trading Activity Jumps 44%
• Positive Sentiment: Analyst support: Citizens JMP reaffirmed a “market outperform” rating and set a $120 price target. Schwab is also expanding direct bitcoin and ether trading, with additional cryptocurrencies and transfers planned, potentially creating a new revenue stream. Charles Schwab CEO Sees Crypto as a New Revenue Engine
• Neutral Sentiment: AI and product expansion: Schwab is developing tax-aware investment products and a controlled ecosystem around its Charlie assistant, while blocking unauthorized AI agents from accessing client accounts. These initiatives could deepen engagement, but their financial impact is not yet established. Charles Schwab is developing its own tax-aware products
• Negative Sentiment: Revenue and outlook concerns: Revenue of $7.17 billion was slightly below consensus, and management indicated that 2026 revenue and net interest-margin growth may land at the lower end of its previous range. Investors appear to be treating the earnings beat as insufficient relative to the stock’s expectations. Schwab sees 2026 revenue and NIM growth at lower end

About Charles Schwab

Charles Schwab Corporation NYSE: SCHW is a financial services company that provides brokerage, investment, banking and wealth management services to individual investors, employers, institutions and independent investment advisors. Its offerings include online and mobile trading, securities brokerage, retirement accounts, financial planning, portfolio management, banking products, research and access to mutual funds and exchange-traded funds.

The company operates through businesses including Schwab Brokerage, Schwab Wealth Advisory, Schwab Asset Management and Charles Schwab Bank.