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, October 23rd. Investors of record on Friday, November 8th will be paid a dividend of $0.17 per share on Friday, November 22nd. This represents a $0.68 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend is Thursday, November 7th. View Charles Schwab's Dividend History.

Charles Schwab announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, January 30th 2019, which permits the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors 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 earnings per share 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 analyst estimates of $2.60 billion. Charles Schwab had a net margin of 34.55% and a return on equity of 20.22%. Charles Schwab's quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter last 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 brokerages have issued 1 year 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 year. This suggests a possible upside of 7.4% 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 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Charles Schwab.

News coverage about SCHW stock has trended somewhat negative recently, according to InfoTrie. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news 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 media sentiment score of -1.4 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 press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Charles Schwab.

Charles Schwab saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 43,350,000 shares, an increase of 21.3% from the December 31st total of 35,740,000 shares. Based on an average daily volume of 9,340,000 shares, the days-to-cover ratio is presently 4.6 days. Approximately 3.8% of the company's shares 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), Lazard (LAZ), Stifel Financial (SF), 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), Bank Of The Ozarks (OZRK) and AutoZone (AZO).

Charles Schwab's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include California Public Employees Retirement System (0.22%), New York State Teachers Retirement System (0.12%), Douglass Winthrop Advisors LLC (0.10%), AMI Asset Management Corp (0.09%), Chicago Capital LLC (0.07%) and Strs Ohio (0.07%). 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 Stock Yards Bank & Trust Co., Douglas Lane & Associates LLC, Gateway Investment Advisers LLC, New York State Teachers Retirement System, Premier Asset Management LLC, Park National Corp OH, AMI Asset Management Corp and Nisa Investment Advisors 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 Chicago Capital LLC, Johanson Financial Advisors Inc., California Public Employees Retirement System, Atalanta Sosnoff Capital LLC, Strs Ohio, Artemis Investment Management LLP, West Coast Financial LLC and CWM 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 $45.76.

Charles Schwab has a market capitalization of $58.68 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]