NYSE:SCHWCharles Schwab Stock Price, Forecast & News

Charles Schwab's stock was trading at $32.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SCHW stock has increased by 7.3% and is now trading at $34.80. View which stocks have been most impacted by Coronavirus.

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

Charles Schwab is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Charles Schwab.

Charles Schwab Co. (NYSE:SCHW) released its earnings results on Wednesday, April, 15th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.63 by $0.05. The financial services provider had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.61 billion. Charles Schwab had a net margin of 33.30% and a return on equity of 18.25%. The company's revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.69 EPS. View Charles Schwab's earnings history.

Charles Schwab announced a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Friday, May 8th will be paid a dividend of $0.18 per share on Friday, May 22nd. This represents a $0.72 dividend on an annualized basis and a yield of 2.07%. The ex-dividend date of this dividend is Thursday, May 7th. View Charles Schwab's dividend history.

Charles Schwab declared that its board has authorized a share buyback plan on Wednesday, January 30th 2019, which authorizes the company to buyback $4,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.3% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its shares are undervalued.

15 Wall Street analysts have issued 1-year price objectives for Charles Schwab's shares. Their forecasts range from $35.00 to $51.00. On average, they expect Charles Schwab's share price to reach $41.60 in the next year. This suggests a possible upside of 19.5% from the stock's current price. View analysts' price targets for Charles Schwab.

News articles about SCHW stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing 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 closest to five being the most favorable. Charles Schwab earned a news impact score of -3.8 on InfoTrie's scale. They also gave 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 impact on the company's share price in the next few days. View the latest news about Charles Schwab.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Charles Schwab investors own include Chipotle Mexican Grill (CMG), Endologix (ELGX), Apache (APA), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Honeywell International (HON), Accenture (ACN), 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 many different retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.04%), Envestnet Asset Management Inc. (0.04%), State of Alaska Department of Revenue (0.03%), Moody National Bank Trust Division (0.02%), Thomasville National Bank (0.01%) and Carnegie Capital Asset Management LLC (0.01%). Company insiders that own Charles Schwab stock include Arun Sarin, Bernard J Clark, Charles A Ruffel, Charles R Schwab, Christopher V Dodds, Jonathan M Craig, 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 Envestnet Asset Management Inc., Whittier Trust Co., Whittier Trust Co. of Nevada Inc., Arden Trust Co, Private Asset Management Inc., Addenda Capital Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, and Clarius 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, Peter J Morgan III, and Stephen T Mclin. View insider buying and selling activity for Charles Schwab.

SCHW stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Thomasville National Bank, DNB Asset Management AS, Confluence Investment Management LLC, First Financial Bank Trust Division, Mount Yale Investment Advisors LLC, West Oak Capital LLC, and Vigilant Capital Management 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 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 $34.80.

Charles Schwab has a market capitalization of $44.80 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.

The official website for Charles Schwab is 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]