Charles Schwab (SCHW) Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Charles Schwab in the last year. There are currently 2 sell ratings, 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SCHW shares.
View SCHW analyst ratings or view top-rated stocks.

16 brokerages have issued twelve-month price objectives for Charles Schwab's stock. Their SCHW share price forecasts range from $51.00 to $86.00. On average, they predict the company's stock price to reach $68.73 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price.
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Charles Schwab's stock was trading at $83.26 at the start of the year. Since then, SCHW stock has decreased by 34.7% and is now trading at $54.37.
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The company is scheduled to release its next quarterly earnings announcement on Monday, July 17th 2023.
View our SCHW earnings forecast.

The Charles Schwab Co. (NYSE:SCHW) posted its quarterly earnings data on Monday, April, 17th. The financial services provider reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.03. The financial services provider had revenue of $5.12 billion for the quarter, compared to analyst estimates of $5.13 billion. Charles Schwab had a trailing twelve-month return on equity of 27.83% and a net margin of 34.82%. The company's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.77 EPS.

Charles Schwab declared a quarterly dividend on Wednesday, April 26th. Investors of record on Friday, May 12th will be given a dividend of $0.25 per share on Friday, May 26th. This represents a $1.00 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Thursday, May 11th.
Read our dividend analysis for SCHW.

ETFs with the largest weight of Charles Schwab (NYSE:SCHW) stock in their portfolio include God Bless America ETF (YALL), Amplify Digital & Online Trading ETF (BIDS), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Gabelli Growth Innovators ETF (GGRW), TrueShares Low Volatility Equity Income ETF (DIVZ), Kovitz Core Equity ETF (EQTY) and Nuveen Dividend Growth ETF (NDVG).

Charles Schwab (NYSE:SCHW) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.84%. 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 27.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCHW will have a dividend payout ratio of 23.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCHW.

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.

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).

Charles Schwab trades on the New York Stock Exchange (NYSE) under the ticker symbol "SCHW."

Charles Schwab's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Toronto Dominion Bank (12.77%), Dodge & Cox (4.44%), State Street Corp (3.39%), Price T Rowe Associates Inc. MD (2.37%), Wellington Management Group LLP (1.73%) and Geode Capital Management LLC (1.53%). 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, Richard A Wurster, Roger O Walther, Todd M Ricketts, Walter W Bettinger, Walter W Bettinger and William S Haraf.
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Shares of SCHW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SCHW stock can currently be purchased for approximately $54.37.

Charles Schwab (NYSE:SCHW) has a market capitalization of $96.19 billion and generates $20.76 billion in revenue each year. The financial services provider earns $7.18 billion in net income (profit) each year or $3.66 on an earnings per share basis.

The company employs 35,300 workers across the globe.

Charles Schwab's mailing address is 211 MAIN STREET, SAN FRANCISCO CA, 94105. The official website for the company is www.aboutschwab.com. The financial services provider can be reached via phone at (817) 859-5000, via email at investor.relations@schwab.com, or via fax at 415-627-8538.