NYSE:SCHW

Charles Schwab (SCHW) Stock Price, News & Analysis

$74.26
+0.83 (+1.13%)
(As of 04/22/2024 ET)
Today's Range
$73.22
$74.98
50-Day Range
$62.71
$74.26
52-Week Range
$45.65
$74.98
Volume
8.85 million shs
Average Volume
6.97 million shs
Market Capitalization
$131.88 billion
P/E Ratio
31.07
Dividend Yield
1.35%
Price Target
$74.47

Charles Schwab MarketRank™ Stock Analysis

Analyst Rating
Hold
2.36 Rating Score
Upside/​Downside
0.3% Upside
$74.47 Price Target
Short Interest
Healthy
0.90% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.44
Upright™ Environmental Score
News Sentiment
0.61mentions of Charles Schwab in the last 14 days
Based on 70 Articles This Week
Insider Trading
Selling Shares
$21.37 M Sold Last Quarter
Proj. Earnings Growth
31.58%
From $3.42 to $4.50 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.

4.60 out of 5 stars

Finance Sector

129th out of 842 stocks

Security Brokers & Dealers Industry

8th out of 27 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

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The Charles Schwab Company Can Hit New Highs
The Charles Schwab Company NYSE: SCHW can hit new highs, not just a new weekly or monthly high but a new multi-year high with the potential for a new all-time high. The last year was challenging for the business and investors with the banking crisis, shaken investor sentiment, and tightened fiscal policy to impact results.
The Charles Schwab Company Can Hit New Highs
The Charles Schwab Company had a decent quarter and is expected to return to growth. Capital returns are solid and driving shareholder value.
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See More Headlines
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Company Calendar

Last Earnings
1/17/2024
Ex-Dividend for 2/23 Dividend
2/08/2024
Dividend Payable
2/23/2024
Today
4/22/2024
Next Earnings (Estimated)
7/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
Investment Banking & Brokerage
CUSIP
80851310
Employees
33,000
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$74.47
High Stock Price Target
$92.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+0.3%
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
$4.75 per share
Book Value
$17.93 per share

Miscellaneous

Outstanding Shares
1,776,060,000
Free Float
1,658,838,000
Market Cap
$131.88 billion
Optionable
Optionable
Beta
1.01

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Should I Buy Charles Schwab Stock? SCHW Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The Charles Schwab Co.:

  • The current stock price of The Charles Schwab Co. is showing a consistent upward trend, indicating potential for capital appreciation.
  • The company offers a wide range of financial services including wealth management, securities brokerage, banking, asset management, and financial advisory services, providing diversification and one-stop solutions for investors.
  • Charles Schwab Corporation operates in two segments, Investor Services and Advisor Services, catering to different types of clients and expanding its market reach.
  • The company provides digital retirement calculators and integrated web, mobile, and software-based trading platforms, offering convenience and accessibility to investors.
  • Charles Schwab Corporation has a strong reputation in the industry as a savings and loan holding company, instilling confidence in investors.

Cons

Investors should be bearish about investing in The Charles Schwab Co. for these reasons:

  • The financial industry is subject to regulatory changes and market volatility, which can impact the company's performance and stock price.
  • Competition in the financial services sector is intense, with other major players offering similar services, potentially affecting market share and profitability.
  • Changes in interest rates and economic conditions can influence the company's banking products and asset management services, leading to fluctuations in revenue and earnings.
  • Market risks such as geopolitical events, economic downturns, and unexpected events can pose challenges to the company's operations and financial stability.
  • Investors should carefully monitor the company's performance metrics, industry trends, and overall market conditions to make informed investment decisions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Charles Schwab pros and cons to contact@marketbeat.com.

SCHW Stock Analysis - Frequently Asked Questions

Should I buy or sell Charles Schwab stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Charles Schwab in the last twelve months. There are currently 2 sell ratings, 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities 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 price targets for Charles Schwab's stock. Their SCHW share price targets range from $52.00 to $92.00. On average, they anticipate the company's stock price to reach $74.47 in the next year. This suggests a possible upside of 0.3% 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 at the start of the year. Since then, SCHW stock has increased by 7.9% and is now trading at $74.2550.
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) announced its quarterly earnings results on Wednesday, January, 17th. The financial services provider reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.04. The financial services provider had revenue of $4.46 billion for the quarter, compared to the consensus estimate of $4.49 billion. Charles Schwab had a net margin of 26.14% and a trailing twelve-month return on equity of 19.86%. The firm's revenue was down 18.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.07 earnings per share.

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

Charles Schwab declared a quarterly dividend on Wednesday, January 24th. Shareholders of record on Friday, February 9th will be paid a dividend of $0.25 per share on Friday, February 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend is Thursday, February 8th.
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 1.36%. 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 22.22% 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 updated 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 number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.21%), Raymond James & Associates (0.10%), AMI Asset Management Corp (0.06%), Los Angeles Capital Management LLC (0.06%), Wealth Enhancement Advisory Services LLC (0.05%) and Fort Pitt Capital Group LLC (0.05%). 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, 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.
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This page (NYSE:SCHW) was last updated on 4/23/2024 by MarketBeat.com Staff

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