Charles Schwab (NYSE:SCHW - Get Free Report) updated its FY 2025 earnings guidance on Saturday. The company provided earnings per share guidance of 4.550-4.650 for the period, compared to the consensus earnings per share estimate of 4.330. The company issued revenue guidance of -.
Charles Schwab Price Performance
NYSE:SCHW traded up $2.77 during trading hours on Friday, reaching $95.87. The company had a trading volume of 23,552,773 shares, compared to its average volume of 9,345,964. The stock has a 50-day moving average of $89.44 and a two-hundred day moving average of $82.09. Charles Schwab has a one year low of $61.15 and a one year high of $97.50. The firm has a market capitalization of $174.19 billion, a PE ratio of 25.77, a PEG ratio of 1.00 and a beta of 0.93. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.53.
Charles Schwab (NYSE:SCHW - Get Free Report) last announced its earnings results on Friday, July 18th. The financial services provider reported $1.14 EPS for the quarter, topping the consensus estimate of $1.10 by $0.04. Charles Schwab had a return on equity of 18.31% and a net margin of 31.71%. The company had revenue of $5.85 billion for the quarter, compared to analysts' expectations of $5.64 billion. During the same quarter in the prior year, the business earned $0.73 earnings per share. The business's revenue for the quarter was up 24.8% on a year-over-year basis. Analysts forecast that Charles Schwab will post 4.22 earnings per share for the current year.
Charles Schwab Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 9th were issued a $0.27 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $1.08 annualized dividend and a dividend yield of 1.13%. Charles Schwab's dividend payout ratio (DPR) is currently 32.73%.
Analysts Set New Price Targets
A number of research analysts have weighed in on SCHW shares. Citigroup restated an "outperform" rating on shares of Charles Schwab in a research note on Monday, July 14th. JPMorgan Chase & Co. raised their price objective on Charles Schwab from $92.00 to $95.00 and gave the company an "overweight" rating in a research report on Monday, April 21st. Morgan Stanley reaffirmed an "overweight" rating and issued a $117.00 price objective (up from $83.00) on shares of Charles Schwab in a research report on Tuesday, July 15th. Raymond James Financial reaffirmed an "outperform" rating and issued a $99.00 price objective on shares of Charles Schwab in a research report on Friday. Finally, UBS Group raised their price objective on Charles Schwab from $95.00 to $96.00 and gave the company a "buy" rating in a research report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, Charles Schwab has an average rating of "Moderate Buy" and an average price target of $95.60.
Get Our Latest Stock Report on Charles Schwab
Insiders Place Their Bets
In other news, insider Jonathan M. Craig sold 47,500 shares of the firm's stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $88.46, for a total transaction of $4,201,850.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Nigel J. Murtagh sold 20,872 shares of the firm's stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $90.01, for a total value of $1,878,688.72. Following the completion of the sale, the insider directly owned 58,999 shares in the company, valued at $5,310,499.99. The trade was a 26.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 119,905 shares of company stock valued at $10,530,833 over the last quarter. Insiders own 6.30% of the company's stock.
Institutional Trading of Charles Schwab
An institutional investor recently raised its position in Charles Schwab stock. Brighton Jones LLC grew its holdings in shares of The Charles Schwab Corporation (NYSE:SCHW - Free Report) by 380.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,240 shares of the financial services provider's stock after acquiring an additional 19,195 shares during the period. Brighton Jones LLC's holdings in Charles Schwab were worth $1,794,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 84.38% of the company's stock.
Charles Schwab Company Profile
(
Get Free Report)
The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services.
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