NYSE:SCHW

The Charles Schwab Stock Forecast, Price & News

$64.44

+1.77 (+2.82 %)

(As of 02/24/2021 12:00 AM ET)

Add

Compare

Today's Range

$62.49

Now: $64.44▼

$65.43

50-Day Range

$51.54

MA: $57.83▼

$62.95

52-Week Range

$28.00

Now: $64.44▼

$65.43

Volume11.48 million shs

Average Volume9.28 million shs

Market Capitalization$120.92 billion

P/E Ratio29.83

Dividend Yield1.15%

Beta1.17

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor, retirement plan, and mutual fund clearing services. The Advisor Services segment offers custodial, trading, and support services; and retirement business and corporate brokerage retirement services. This segment provides brokerage accounts with cash management capabilities; third-party mutual funds, as well as proprietary mutual funds, plus mutual fund trading, and clearing services to broker-dealers; and exchange-traded funds (ETFs), including proprietary and third-party ETFs. It also offers advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. In addition, this segment provides banking products and services, including checking and savings accounts, certificates of deposit, first lien residential real estate mortgage loans, home equity loans and lines of credit, and pledged asset lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. The company serves individuals and institutional clients in the United States, the Commonwealth of Puerto Rico, the United Kingdom, Hong Kong, Singapore, and Australia. The Charles Schwab Corporation was founded in 1971 and is headquartered in San Francisco, California.

Headlines

Investing ABCs: Teaching your kids about money and markets
February 19, 2021 | marketbeat.com

S&P 500 closes wobbly week at new record high
February 12, 2021 | marketbeat.com

Stock indexes hover near recent highs in more wobbly trading
February 12, 2021 | marketbeat.com

Stocks edge higher as Wall Street looks to close wobbly week
February 12, 2021 | marketbeat.com

Sudden Demise of $1.8 Billion Fund Points to Long-Feared Danger
February 24, 2021 | finance.yahoo.com

How trustworthy are investment apps like Charles Schwab and Robinhood?
February 23, 2021 | businessinsider.com

Charles Schwab Establishes Endowed Scholarships to Support Students From Underrepresented Communities
February 23, 2021 | marketwatch.com

We encourage investors to take a 'barbell' strategy: Charles Schwab's Omar Aguilar
February 22, 2021 | msn.com

First Look: Take a tour of Charles Schwab's new headquarters in Westlake
February 22, 2021 | msn.com

Apex Clearing, ‘the Fintech for Fintechs,’ Is Going Public Via a SPAC
February 22, 2021 | finance.yahoo.com

Top Analyst Upgrades and Downgrades: Airbnb, Charles Schwab, Energy Transfer, JetBlue, Snap, Southwest Air, SunPower and More
February 22, 2021 | msn.com

Benzinga's Bulls And Bears Of The Week: Disney, QuantumScape, Tesla, Walmart And More
February 20, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Security brokers & dealers

Sub-IndustryInvestment Banking & Brokerage

SectorFinance

Current SymbolNYSE:SCHW

Previous Symbol

CUSIP80851310

CIK316709

Webwww.aboutschwab.com

Phone415-667-7000

Employees32,000

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.30

Current Ratio0.28

Quick Ratio0.28

Price-To-Earnings

Trailing P/E Ratio29.83

Forward P/E Ratio26.96

P/E GrowthN/A

Sales & Book Value

Annual Sales$10.72 billion

Price / Sales11.28

Cash Flow$3.85 per share

Price / Cash Flow16.72

Book Value$14.78 per share

Price / Book4.36

Profitability

EPS (Most Recent Fiscal Year)$2.72

Net Income$3.70 billion

Net Margins29.80%

Return on Equity13.52%

Return on Assets0.86%

Miscellaneous

Outstanding Shares1,876,506,000

Market Cap$120.92 billion

Next Earnings Date4/21/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

2.00 out of 5 stars

Finance Sector

222nd out of 1,937 stocks

Security Brokers & Dealers Industry

7th out of 47 stocks

2.3 Analyst's Opinion

Consensus Rating
The Charles Schwab has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 8 buy ratings, 6 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $55.77, The Charles Schwab has a forecasted downside of 13.5% from its current price of $64.44.
Amount of Analyst Coverage
The Charles Schwab has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
The Charles Schwab has received 763 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
The Charles Schwab has received 756 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
The Charles Schwab has received 50.23% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about The Charles Schwab and other stocks. Vote “Outperform” if you believe SCHW will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SCHW will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
The Charles Schwab has a dividend yield of 1.15%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
The Charles Schwab has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of The Charles Schwab is 26.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, The Charles Schwab will have a dividend payout ratio of 27.59% next year. This indicates that The Charles Schwab will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Charles Schwab insiders have sold 53,280.67% more of their company's stock than they have bought. Specifically, they have bought $196,635.00 in company stock and sold $104,965,088.00 in company stock.
Percentage Held by Insiders
Only 10.80% of the stock of The Charles Schwab is held by insiders.
Percentage Held by Institutions
77.47% of the stock of The Charles Schwab is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for The Charles Schwab are expected to grow by 9.21% in the coming year, from $2.39 to $2.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Charles Schwab is 29.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.96.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Charles Schwab is 29.83, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.58.
Price to Book Value per Share Ratio
The Charles Schwab has a P/B Ratio of 4.36. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$64.44

+1.77 (+2.82 %)

(As of 02/24/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive SCHW News and Ratings via Email

Sign-up to receive the latest news and ratings for SCHW and its competitors with MarketBeat's FREE daily newsletter.

The Charles Schwab (NYSE:SCHW) Frequently Asked Questions

Is The Charles Schwab a buy right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Charles Schwab in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" The Charles Schwab stock.
View analyst ratings for The Charles Schwab or view top-rated stocks.

What stocks does MarketBeat like better than The Charles Schwab?

Wall Street analysts have given The Charles Schwab a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Charles Schwab wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is The Charles Schwab's next earnings date?

The Charles Schwab is scheduled to release its next quarterly earnings announcement on Wednesday, April 21st 2021.
View our earnings forecast for The Charles Schwab.

How were The Charles Schwab's earnings last quarter?

The Charles Schwab Co. (NYSE:SCHW) announced its earnings results on Monday, January, 18th. The financial services provider reported $0.74 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.70 by $0.04. The financial services provider earned $4.18 billion during the quarter, compared to the consensus estimate of $4.07 billion. The Charles Schwab had a net margin of 29.80% and a trailing twelve-month return on equity of 13.52%. The firm's quarterly revenue was up 60.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.63 earnings per share.
View The Charles Schwab's earnings history.

How has The Charles Schwab's stock been impacted by Coronavirus?

The 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 shares have increased by 98.7% and is now trading at $64.44.
View which stocks have been most impacted by COVID-19.

How often does The Charles Schwab pay dividends? What is the dividend yield for The Charles Schwab?

The Charles Schwab declared a quarterly dividend on Friday, January 29th. Shareholders of record on Friday, February 12th will be paid a dividend of $0.18 per share on Friday, February 26th. This represents a $0.72 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date is Thursday, February 11th.
View The Charles Schwab's dividend history.

Is The Charles Schwab a good dividend stock?

The Charles Schwab pays an annual dividend of $0.72 per share and currently has a dividend yield of 1.15%. The Charles Schwab does not yet have a strock track record of dividend growth. The dividend payout ratio of The Charles Schwab is 26.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Charles Schwab will have a dividend payout ratio of 27.59% next year. This indicates that The Charles Schwab will be able to sustain or increase its dividend.
View The Charles Schwab's dividend history.

What price target have analysts set for SCHW?

14 Wall Street analysts have issued 1 year target prices for The Charles Schwab's stock. Their forecasts range from $35.00 to $76.00. On average, they expect The Charles Schwab's share price to reach $55.77 in the next twelve months. This suggests that the stock has a possible downside of 13.5%.
View analysts' price targets for The Charles Schwab or view top-rated stocks among Wall Street analysts.

Who are The Charles Schwab's key executives?

The Charles Schwab's management team includes the following people:

Mr. Walter William Bettinger II, Pres, CEO & Director (Age 60, Pay $6.1M)
Mr. Peter Brooks Crawford, Exec. VP & CFO (Age 52, Pay $1.42M)
Mr. Joseph Raymond Martinetto B.A., M.B.A., Sr. EVP & COO (Age 58, Pay $2.16M)
Mr. Jonathan M. Craig, Sr. Exec. VP (Age 49, Pay $1.89M)
Tim Heier, Exec. VP & CTO
Mr. Dennis Howard, Exec. VP & Chief Information Officer
Mr. Richard G. Fowler, Sr. VP of Investor Relations
Mr. Peter J. Morgan III, Exec. VP, Gen. Counsel & Corp. Sec. (Age 56)
Mr. Joe Carberry, Sr. VP of Corp. Communications
Catherine Casey, Exec. VP of HR

What is Walt Bettinger II's approval rating as The Charles Schwab's CEO?

1,585 employees have rated The Charles Schwab CEO Walt Bettinger II on Glassdoor.com. Walt Bettinger II has an approval rating of 90% among The Charles Schwab's employees.

Who are some of The Charles Schwab's key competitors?

Some companies that are related to The Charles Schwab include Morgan Stanley (MS), The Goldman Sachs Group (GS), Raymond James (RJF), LPL Financial (LPLA), Stifel Financial (SF), Evercore (EVR), Lazard (LAZ), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY), Greenhill & Co., Inc. (GHL), (FBRC) (FBRC) and Global Brokerage (GLBR).
View all of SCHW's competitors.

What other stocks do shareholders of The Charles Schwab own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The Charles Schwab investors own include Chipotle Mexican Grill (CMG), Endologix (ELGX), (APA), Micron Technology (MU), Citigroup (C), Honeywell International (HON), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), Accenture (ACN) and Bank of America (BAC).

What is The Charles Schwab's stock symbol?

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

Who are The Charles Schwab's major shareholders?

The Charles Schwab's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.46%), Price T Rowe Associates Inc. MD (4.53%), Dodge & Cox (4.53%), JPMorgan Chase & Co. (1.99%), Primecap Management Co. CA (1.52%) and Alliancebernstein L.P. (1.18%). Company insiders that own The 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, Roger O Walther, Stephen T Mclin, Terri R Kallsen and William S Haraf.
View institutional ownership trends for The Charles Schwab.

Which major investors are selling The Charles Schwab stock?

SCHW stock was sold by a variety of institutional investors in the last quarter, including Dodge & Cox, Route One Investment Company L.P., ExodusPoint Capital Management LP, Greenhaven Associates Inc., Diamond Hill Capital Management Inc., Findlay Park Partners LLP, Brandywine Global Investment Management LLC, and Fort Pitt Capital Group LLC. Company insiders that have sold The Charles Schwab company stock in the last year include Bernard J Clark, Charles R Schwab, Christopher V Dodds, Jonathan M Craig, Mark A Goldfarb, Peter J Morgan III, Roger O Walther, Stephen T Mclin, and William S Haraf.
View insider buying and selling activity for The Charles Schwab or view top insider-selling stocks.

Which major investors are buying The Charles Schwab stock?

SCHW stock was acquired by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, JPMorgan Chase & Co., BlackRock Inc., Janus Henderson Group PLC, Caisse DE Depot ET Placement DU Quebec, Yacktman Asset Management LP, Northern Trust Corp, and Bessemer Group Inc.. Company insiders that have bought The Charles Schwab stock in the last two years include Charles A Ruffel, and Mark A Goldfarb.
View insider buying and selling activity for The Charles Schwab or or view top insider-buying stocks.

How do I buy shares of The 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is The Charles Schwab's stock price today?

One share of SCHW stock can currently be purchased for approximately $64.44.

How much money does The Charles Schwab make?

The Charles Schwab has a market capitalization of $120.92 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.

How many employees does The Charles Schwab have?

The Charles Schwab employs 32,000 workers across the globe.

What is The Charles Schwab's official website?

The official website for The Charles Schwab is www.aboutschwab.com.

Where are The Charles Schwab's headquarters?

The Charles Schwab is headquartered at 211 MAIN STREET, SAN FRANCISCO CA, 94105.

How can I contact The Charles Schwab?

The 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]

This page was last updated on 2/24/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here