NYSE:SCHW - Charles Schwab Stock Price, Forecast & News

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

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 1.48%. The ex-dividend date of this dividend 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 announced that its Board of Directors has initiated a share buyback program on Wednesday, January 30th 2019, which allows the company to buyback $4,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 6.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its stock is undervalued.

Charles Schwab Co. (NYSE:SCHW) announced its quarterly earnings results on Thursday, January, 16th. The financial services provider reported $0.63 EPS for the quarter, topping 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 analysts' expectations of $2.60 billion. Charles Schwab had a return on equity of 20.22% and a net margin of 34.55%. The business's revenue was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.65 earnings per share. View Charles Schwab's Earnings History.

Charles Schwab is scheduled to release their next quarterly earnings announcement on Monday, April 20th 2020. View Earnings Estimates for Charles Schwab.

15 Wall Street analysts have issued 12-month price targets for Charles Schwab's shares. Their forecasts range from $36.00 to $60.00. On average, they anticipate Charles Schwab's stock price to reach $49.14 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price. View Analyst Price Targets for Charles Schwab.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charles Schwab in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Charles Schwab.

Media stories about SCHW stock have been trending somewhat negative recently, according to InfoTrie. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Charles Schwab earned a news impact score of -1.9 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Charles Schwab.

Charles Schwab saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 52,910,000 shares, an increase of 22.1% from the January 15th total of 43,350,000 shares. Based on an average trading volume of 9,510,000 shares, the days-to-cover ratio is presently 5.6 days. Currently, 4.6% of the shares of the stock are short sold. 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), Wells Fargo & Co (WFC), Honeywell International (HON), AutoZone (AZO) and Citigroup (C).

Charles Schwab's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (3.89%), Geode Capital Management LLC (1.20%), Alliancebernstein L.P. (1.15%), FMR LLC (1.14%), Massachusetts Financial Services Co. MA (1.12%) and Parnassus Investments CA (0.92%). 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, Paula A Sneed, 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 Capital Research Global Investors, Boston Partners, Nuance Investments LLC, Eaton Vance Management, State Street Corp, Schroder Investment Management Group, USS Investment Management Ltd and Broad Run Investment Management 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, Marie A Chandoha, Nigel J Murtagh, Peter J Morgan III, Stephen T Mclin and Terri R Kallsen. View Insider Buying and Selling for Charles Schwab.

SCHW stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Diamond Hill Capital Management Inc., Amundi Pioneer Asset Management Inc., Janus Henderson Group PLC, FMR LLC, Investec Asset Management LTD, Jackson Square Partners LLC and Schonfeld Strategic Advisors LLC. 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 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 $48.58.

Charles Schwab has a market capitalization of $62.29 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 19,500 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]