Charles Schwab - SCHW Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Charles Schwab in the last twelve months. There are currently 4 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SCHW shares.
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16 Wall Street analysts have issued 1-year target prices for Charles Schwab's stock. Their SCHW share price forecasts range from $75.00 to $101.00. On average, they predict the company's stock price to reach $91.50 in the next year. This suggests a possible upside of 20.4% from the stock's current price.
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Charles Schwab's stock was trading at $84.10 at the beginning of 2022. Since then, SCHW shares have decreased by 9.6% and is now trading at $75.99.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 17th 2022.
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The Charles Schwab Co. (NYSE:SCHW) posted its quarterly earnings data on Monday, July, 18th. The financial services provider reported $0.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.91 by $0.06. The financial services provider had revenue of $5.09 billion for the quarter, compared to analyst estimates of $5.04 billion. Charles Schwab had a net margin of 33.09% and a trailing twelve-month return on equity of 16.82%. The firm's revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.70 EPS.

Charles Schwab announced a quarterly dividend on Wednesday, July 27th. Stockholders of record on Friday, August 12th will be given a dividend of $0.22 per share on Friday, August 26th. This represents a $0.88 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Thursday, August 11th. This is a positive change from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for SCHW.

Charles Schwab (NYSE:SCHW) pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.16%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCHW will have a dividend payout ratio of 17.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCHW.

Charles Schwab updated its third quarter 2022 earnings guidance on Friday, September, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.26 billion-$5.35 billion, compared to the consensus revenue estimate of $5.40 billion.

1,585 employees have rated Charles Schwab Chief Executive Officer Walt Bettinger II on Glassdoor.com. Walt Bettinger II has an approval rating of 90% among the company's employees.

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

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

Charles Schwab's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.01%), Osher Van de Voorde Investment Management (0.01%), Park National Corp OH (0.01%), First Hawaiian Bank (0.01%), First Financial Bank Trust Division (0.01%) and Moody National Bank Trust Division (0.00%). Insiders that own company stock include Arun Sarin, Bernard J Clark, Charles A Ruffel, Charles R Schwab, Christopher V Dodds, Joan Dea, Jonathan M Craig, Jonathan M Craig, Joseph R Martinetto, Mark A Goldfarb, Nigel J Murtagh, Nigel J Murtagh, Paula A Sneed, Peter B Crawford, Peter J Morgan III, Richard A Wurster, Roger O Walther, Stephen T Mclin, Walter W Bettinger, Walter W Bettinger and William S Haraf.
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Shares of SCHW stock 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.
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One share of SCHW stock can currently be purchased for approximately $75.99.

Charles Schwab (NYSE:SCHW) has a market capitalization of $138.13 billion and generates $18.52 billion in revenue each year. The financial services provider earns $5.86 billion in net income (profit) each year or $3.04 on an earnings per share basis.

The company employs 33,400 workers across the globe.

Charles Schwab's mailing address is 211 MAIN STREET, SAN FRANCISCO CA, 94105. The official website for the company is www.aboutschwab.com. The financial services provider can be reached via phone at (817) 859-5000, via email at investor.relations@schwab.com, or via fax at 415-627-8538.