NYSE:SCHWCharles Schwab Stock Price, Forecast & News

Charles Schwab's stock was trading at $32.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SCHW stock has increased by 3.6% and is now trading at $33.60. View which stocks have been mosted impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charles Schwab in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Charles Schwab.

Charles Schwab is scheduled to release its next quarterly earnings announcement on Monday, April 20th 2020. View our earnings forecast for Charles Schwab.

Charles Schwab Co. (NYSE:SCHW) released its earnings results on Thursday, January, 16th. The financial services provider reported $0.63 EPS for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.01. The financial services provider had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.60 billion. Charles Schwab had a net margin of 34.55% and a return on equity of 20.14%. Charles Schwab's revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 EPS. View Charles Schwab's earnings history.

Charles Schwab announced a quarterly dividend on Wednesday, January 29th. Investors of record on Friday, February 14th will be paid a dividend of $0.18 per share on Friday, February 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date is Thursday, February 13th. This is an increase from Charles Schwab's previous quarterly dividend of $0.17. View Charles Schwab's dividend history.

Charles Schwab declared that its board has authorized a share buyback program on Wednesday, January 30th 2019, which allows the company to repurchase $4,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 6.3% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

15 Wall Street analysts have issued 1-year price targets for Charles Schwab's shares. Their forecasts range from $33.00 to $60.00. On average, they expect Charles Schwab's stock price to reach $45.71 in the next year. This suggests a possible upside of 36.1% from the stock's current price. View analysts' price targets for Charles Schwab.

News headlines about SCHW stock have trended very negative recently, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Charles Schwab earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCharles Schwab.

Charles Schwab saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 75,203,800 shares, an increase of 16.1% from the February 27th total of 64,760,000 shares. Based on an average trading volume of 11,640,000 shares, the days-to-cover ratio is currently 6.5 days. Currently, 6.5% of the shares of the company are sold short. View Charles Schwab's Current Options Chain.

Some companies that are related to Charles Schwab include Morgan Stanley (MS), Goldman Sachs Group (GS), TD Ameritrade (AMTD), Raymond James (RJF), E*TRADE Financial (ETFC), LPL Financial (LPLA), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), BGC Partners (BGCP), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Charles Schwab investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Apache (APA), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Accenture (ACN), Honeywell International (HON), Wells Fargo & Co (WFC), AutoZone (AZO) and Citigroup (C).

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

Charles Schwab's stock is owned by a variety of retail and institutional investors. Top institutional investors include McGuire Investment Group LLC (0.01%), Thomasville National Bank (0.01%), First Financial Bank Trust Division (0.01%), Private Asset Management Inc. (0.00%), Park National Corp OH (0.00%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own Charles Schwab stock include Arun Sarin, Bernard J Clark, Charles A Ruffel, Charles R Schwab, Christopher V Dodds, David R Garfield, Jonathan M Craig, Joseph R Martinetto, Marie A Chandoha, Mark A Goldfarb, Nigel J Murtagh, Peter J Morgan III, Stephen T Mclin, Terri R Kallsen and Walter W Bettinger. View institutional ownership trends for Charles Schwab.

SCHW stock was sold by a variety of institutional investors in the last quarter, including Private Asset Management Inc., Thomasville National Bank, Park National Corp OH, and McGuire Investment Group LLC. Company insiders that have sold Charles Schwab company stock in the last year include Arun Sarin, Bernard J Clark, Charles R Schwab, Jonathan M Craig, Nigel J Murtagh, Peter J Morgan III, and Stephen T Mclin. View insider buying and selling activity for Charles Schwab.

SCHW stock was bought by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC, First Financial Bank Trust Division, and Fulton Bank N.A.. Company insiders that have bought Charles Schwab stock in the last two years include Charles A Ruffel, Mark A Goldfarb, and Walter W Bettinger. View insider buying and selling activity for Charles Schwab.

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

One share of SCHW stock can currently be purchased for approximately $33.60.

Charles Schwab has a market capitalization of $43.22 billion and generates $10.72 billion in revenue each year. The financial services provider earns $3.70 billion in net income (profit) each year or $2.72 on an earnings per share basis. Charles Schwab employs 19,700 workers across the globe. View additional information about Charles Schwab.

The official website for Charles Schwab is http://www.aboutschwab.com/.

Charles Schwab's mailing address is 211 MAIN STREET, SAN FRANCISCO CA, 94105. The financial services provider can be reached via phone at 415-667-7000 or via email at [email protected]