Free Trial
NYSE:SCHW

Charles Schwab (SCHW) Stock Price, News & Analysis

$72.27
-0.07 (-0.10%)
(As of 05/24/2024 08:50 PM ET)
Today's Range
$72.17
$73.09
50-Day Range
$67.42
$78.90
52-Week Range
$48.66
$79.49
Volume
6.15 million shs
Average Volume
7.60 million shs
Market Capitalization
$128.44 billion
P/E Ratio
30.24
Dividend Yield
1.38%
Price Target
$75.12

Charles Schwab MarketRank™ Stock Analysis

Analyst Rating
Hold
2.36 Rating Score
Upside/​Downside
3.9% Upside
$75.12 Price Target
Short Interest
Healthy
0.96% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.44
Upright™ Environmental Score
News Sentiment
0.36mentions of Charles Schwab in the last 14 days
Based on 110 Articles This Week
Insider Trading
Selling Shares
$46.21 M Sold Last Quarter
Proj. Earnings Growth
35.65%
From $3.31 to $4.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.30 out of 5 stars

Financial Services Sector

4th out of 12 stocks

Capital Markets Industry

1st out of 1 stocks

SCHW stock logo

About Charles Schwab Stock (NYSE:SCHW)

The Charles Schwab Corporation is a financial services company that offers a wide range of investment services, including brokerage, banking, and financial advisory services. Founded in 1971 and headquartered in Westlake, Texas, the company operates through two main segments: Investor Services and Advisor Services. The Investor Services segment offers individual investors retail brokerage and banking services, while the Advisor Services segment provides custodial, trading, and support services to independent investment advisors. In 2020, the company completed its acquisition of TD Ameritrade, further expanding its client base and offerings.

Charles Schwab Corporation's management team is led by Walt Bettinger, who has been the company's President and Chief Executive Officer since 2008. Mr. Bettinger joined the company in 1995 and has held various leadership roles, including Chief Operating Officer and Head of Schwab Institutional. 

Over the past few years, Charles Schwab Corporation has experienced steady growth in its key financial metrics. It is reporting increased revenue and increased profit margin. Charles Schwab Corporation's valuation metrics are generally in line with industry peers. The company's price-to-earnings ratio is slightly lower than the industry average, and the company's price-to-book ratio is also somewhat lower than the industry average. Charles Schwab Corporation's stock has generally performed well over the past few years, with some fluctuations in response to broader market conditions and regulatory changes. The company's stock price has outperformed the S&P 500 for several years. The company has also experienced increases in trading volume in response to changes in market conditions and regulatory changes.

Charles Schwab Corporation operates in the financial services industry, which has experienced significant growth and transformation over the past few years. The industry has been impacted by a range of factors, including advances in technology, changing consumer preferences, and regulatory changes. Charles Schwab Corporation competes with other financial services firms, including traditional brokerage firms, online investment platforms, and banks.

Charles Schwab Corporation has a range of potential growth opportunities, including expanding its offerings to meet the evolving needs of its clients. The company has been investing in technology and digital platforms to improve its services and attract new clients. In addition, the company's acquisition of TD Ameritrade has provided new opportunities for growth and expansion. The company also focuses on expanding its international presence and exploring new markets.

Charles Schwab Corporation faces a range of potential risks and challenges, including changes in regulatory and political environments that may impact the company's operations and profitability. The financial services industry is subject to a wide range of regulations, and changes in these regulations could significantly impact the company's operations. In addition, the industry is subject to intense competition, which could affect the company's ability to attract and retain clients.

Another potential risk is the impact of market volatility on the company's operations. Charles Schwab Corporation generates a significant portion of its revenue from commissions and fees, which are impacted by changes in market conditions. In periods of market volatility, clients may reduce their trading activity, which could affect the company's revenue and profitability.

The company also faces risks related to data security and privacy. The company collects and stores sensitive financial and personal information on its clients. Any breach of this data could significantly impact the company's reputation and financial performance.

To address these risks and challenges, Charles Schwab Corporation is focused on maintaining a robust regulatory compliance program and investing in data security and privacy measures. The company is also focused on diversifying its revenue streams and expanding its offerings to meet the evolving needs of its clients.

SCHW Stock Price History

SCHW Stock News Headlines

Buy now, pay later companies must adhere to credit card standards, consumer agency says
The Consumer Financial Protection Bureau says in a new rule that buy now, pay later lenders are basically credit card providers and must provide the same protections and rights that apply to those lenders
3 Financial Stocks Outperforming as The Fed Dumps Bonds
Are there any safe stocks out there? Investors need to align their portfolios with fundamental factors more than ever as rotating industries pose a new set of risks (and rewards).
3 Financial Stocks Outperforming as The Fed Dumps Bonds
Financial stocks are outperforming this cycle, all thanks to the Fed's path to keeping interest rates higher; analysts agree there's double-digit upside
Morgan Stanley Drives Growth Powered by Investment Management (SCHW)
Morgan Stanley posted blowout Q1 2024 earnings with all its major segments showing robust growth, most notably investment management with revenues of 6.8% YoY.
Your tax refund could be bigger this year. Here's what to do with it
The average taxpayer is getting a $2,852 refund, $75 more than last year
MarketBeat Week in Review – 4/22 - 4/26 (SCHW)
Investors continue to look for clarity as tech earnings sent stocks higher to end the week, even as investors hope for rate cuts fade as inflation rises
See More Headlines
Receive SCHW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Charles Schwab and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/15/2024
Ex-Dividend for 5/24 Dividend
5/09/2024
Dividend Payable
5/24/2024
Today
5/26/2024
Next Earnings (Estimated)
7/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Capital Markets
Sub-Industry
Investment Banking & Brokerage
CUSIP
80851310
Employees
32,600
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$75.12
High Stock Price Target
$91.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+3.9%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
14 Analysts

Profitability

Net Income
$5.07 billion
Pretax Margin
32.86%

Debt

Sales & Book Value

Annual Sales
$18.84 billion
Cash Flow
$4.70 per share
Book Value
$18.69 per share

Miscellaneous

Outstanding Shares
1,777,280,000
Free Float
1,659,980,000
Market Cap
$128.44 billion
Optionable
Optionable
Beta
0.98

Social Links

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

SCHW Stock Analysis - Frequently Asked Questions

Should I buy or sell Charles Schwab stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Charles Schwab in the last year. There are currently 2 sell ratings, 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SCHW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCHW, but not buy additional shares or sell existing shares.
View SCHW analyst ratings
or view top-rated stocks.

What is Charles Schwab's stock price target for 2024?

14 brokerages have issued 12 month target prices for Charles Schwab's stock. Their SCHW share price targets range from $52.00 to $91.00. On average, they expect the company's stock price to reach $75.12 in the next year. This suggests a possible upside of 3.9% from the stock's current price.
View analysts price targets for SCHW
or view top-rated stocks among Wall Street analysts.

How have SCHW shares performed in 2024?

Charles Schwab's stock was trading at $68.80 on January 1st, 2024. Since then, SCHW shares have increased by 5.0% and is now trading at $72.27.
View the best growth stocks for 2024 here
.

When is Charles Schwab's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 16th 2024.
View our SCHW earnings forecast
.

How were Charles Schwab's earnings last quarter?

The Charles Schwab Co. (NYSE:SCHW) issued its quarterly earnings data on Monday, April, 15th. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.01. The financial services provider had revenue of $4.74 billion for the quarter, compared to the consensus estimate of $4.71 billion. Charles Schwab had a net margin of 26.14% and a trailing twelve-month return on equity of 19.25%.

How often does Charles Schwab pay dividends? What is the dividend yield for Charles Schwab?

Charles Schwab declared a quarterly dividend on Wednesday, April 24th. Shareholders of record on Friday, May 10th will be given a dividend of $0.25 per share on Friday, May 24th. This represents a $1.00 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Thursday, May 9th.
Read our dividend analysis for SCHW
.

Is Charles Schwab a good dividend stock?

Charles Schwab (NYSE:SCHW) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.38%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 41.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCHW will have a dividend payout ratio of 22.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCHW.

What guidance has Charles Schwab issued on next quarter's earnings?

Charles Schwab issued an update on its first quarter 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.7 billion-$4.7 billion, compared to the consensus revenue estimate of $4.7 billion.

What is Walt Bettinger II's approval rating as Charles Schwab's CEO?

1,585 employees have rated Charles Schwab Chief Executive Officer Walt Bettinger II on Glassdoor.com. Walt Bettinger II has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Charles Schwab own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Charles Schwab investors own include Chipotle Mexican Grill (CMG), Endologix (ELGX), Micron Technology (MU), Citigroup (C), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), Accenture (ACN) and Bank of America (BAC).

Who are Charles Schwab's major shareholders?

Charles Schwab's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Toronto Dominion Bank (12.72%), Vanguard Group Inc. (6.81%), Price T Rowe Associates Inc. MD (4.07%), Flossbach Von Storch AG (0.80%), Bank of New York Mellon Corp (0.63%) and Janus Henderson Group PLC (0.48%). Insiders that own company stock include Bernard J Clark, Carolyn Schwab-Pomerantz, Charles A Ruffel, Charles R Schwab, Christopher V Dodds, Frank C Herringer, Joan Dea, Jonathan M Craig, Jonathan M Craig, Joseph R Martinetto, Marianne Catherine Brown, Mark A Goldfarb, Nigel J Murtagh, Nigel J Murtagh, Paula A Sneed, Peter B Crawford, Peter J Morgan III, Peter J Morgan III, Richard A Wurster, Todd M Ricketts, Walter W Bettinger and William S Haraf.
View institutional ownership trends
.

How do I buy shares of Charles Schwab?

Shares of SCHW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Charles Schwab have any subsidiaries?
The following companies are subsidiares of Charles Schwab: Charles Schwab & Co. Inc., Charles Schwab Bank SSB, Charles Schwab Futures and Forex LLC, Charles Schwab Investment Advisory Inc., Charles Schwab Investment Management Inc., Charles Schwab Premier Bank SSB, Charles Schwab Trust Bank, Compliance 11, CyberTrader, Motif, OptionsXpress, Schwab Holdings Inc., Schwab Private Client Investment Advisory Inc., Schwab Retirement Plan Services Inc., SoundView Technology Group Inc, TD Ameritrade, TD Ameritrade Clearing Inc., TD Ameritrade Holding Corporation, TD Ameritrade Inc., TD Ameritrade Investment Management LLC, TD Ameritrade Online Holdings Corp., The 401(k) Company, The Hampton Co, ThomasPartners Investment Management, USAA-IMCO, and Windhaven Investment Management Inc.
Read More
This page (NYSE:SCHW) was last updated on 5/27/2024 by MarketBeat.com Staff

From Our Partners