Charles Schwab (SCHW) Set to Announce Earnings on Thursday

Key Points

• Charles Schwab is scheduled to report Q3 2026 results before the market opens on October 15. Analysts expect earnings of $1.66 per share and revenue of approximately $7.20 billion, following the company’s Q2 earnings and revenue beat.
• The stock has a “Moderate Buy” consensus rating with an average analyst price target of $118.05, compared with its recent price of $95.59. Schwab also pays a quarterly dividend of $0.32, yielding about 1.3% annually.
• Recent strategic and insider activity may draw investor attention. Schwab agreed to sell Forge Trust to Alto Solutions while retaining broader private-market exposure, and insiders have sold roughly 645,582 shares worth $69.6 million over the past three months.

Charles Schwab (NYSE:SCHW - Get Free Report) will likely be posting its Q3 2026 results before the market opens on Thursday, October 15th. Analysts expect the company to post earnings of $1.66 per share and revenue of $7.2019 billion for the quarter. Investors may visit the the company's upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Thursday, October 15, 2026 at 8:30 AM ET.

Charles Schwab (NYSE:SCHW - Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $1.62 earnings per share for the quarter, topping analysts' consensus estimates of $1.56 by $0.06. Charles Schwab had a net margin of 38.79% and a return on equity of 24.53%. The business had revenue of $7.07 billion for the quarter, compared to analysts' expectations of $6.90 billion. During the same quarter in the prior year, the company earned $1.14 earnings per share. The business's revenue was up 20.9% compared to the same quarter last year. On average, analysts expect Charles Schwab to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Charles Schwab Price Performance

Shares of NYSE SCHW opened at $95.59 on Thursday. The company has a 50 day simple moving average of $106.00 and a two-hundred day simple moving average of $98.12. Charles Schwab has a fifty-two week low of $83.96 and a fifty-two week high of $114.53. The company has a market capitalization of $165.31 billion, a price-to-earnings ratio of 17.38, a P/E/G ratio of 0.82 and a beta of 0.79. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were paid a $0.32 dividend. The ex-dividend date was Friday, August 14th. This represents a $1.28 annualized dividend and a dividend yield of 1.3%. Charles Schwab's dividend payout ratio is presently 23.27%.

Wall Street Analyst Weigh In

SCHW has been the subject of a number of analyst reports. Zacks Research lowered Charles Schwab from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 14th. Compass Point began coverage on Charles Schwab in a report on Monday, August 3rd. They issued a "buy" rating and a $135.00 target price on the stock. BMO Capital Markets cut Charles Schwab from an "outperform" rating to a "market perform" rating and set a $105.00 target price on the stock. in a research note on Monday, July 20th. Raymond James Financial restated an "outperform" rating and set a $145.00 price target on shares of Charles Schwab in a report on Wednesday, July 22nd. Finally, Barclays lowered their price target on Charles Schwab from $125.00 to $118.00 and set an "overweight" rating for the company in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $118.05.

Insider Transactions at Charles Schwab

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

Charles Schwab News Roundup

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

• Positive Sentiment: Sale of Forge Trust may sharpen Schwab’s private-market strategy. Schwab agreed to sell Forge Trust, a self-directed IRA custodian, to Alto Solutions for an undisclosed amount. The transaction would allow Schwab to exit the custody operation while retaining exposure to private-market investing through Forge Global and potentially focusing resources on higher-growth opportunities. Schwab Sells Forge Trust to Self-Directed IRA Platform Alto
• Positive Sentiment: Alto’s expanded platform could increase private-market visibility. The combination is expected to create one of the largest independent self-directed retirement platforms in the United States, with more than $20 billion in assets. A larger platform could support demand for private-market investments held through retirement accounts, indirectly benefiting Schwab’s remaining strategic interests. Alto to Acquire Forge Trust from Schwab
• Neutral Sentiment: Crypto interest among younger investors provides a potential growth opportunity. A Schwab survey found that 64% of millennial crypto owners plan to purchase more cryptocurrency. The result suggests continued demand for digital-asset access among a demographic Schwab may be able to serve, but it does not represent a direct revenue or earnings forecast for SCHW. Charles Schwab Survey on Millennials and Crypto
• Neutral Sentiment: Immediate financial impact remains unclear. Schwab and Alto did not disclose the sale price or expected effect on revenue and earnings, limiting the transaction’s near-term valuation impact. Schwab’s latest reported quarter was strong, with earnings and revenue exceeding consensus estimates, but the Forge Trust deal is unlikely to materially change those results immediately.

Charles Schwab Company Profile

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.

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