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 given a dividend of $0.17 per share on Friday, November 22nd. This represents a $0.68 annualized dividend and a yield of 1.40%. The ex-dividend date is Thursday, November 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 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6.3% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

Charles Schwab Co. (NYSE:SCHW) issued its earnings results on Thursday, January, 16th. The financial services provider reported $0.63 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.62 by $0.01. The financial services provider earned $2.61 billion during 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%. The business's quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the business posted $0.65 EPS. 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 target prices for Charles Schwab's shares. Their forecasts range from $36.00 to $60.00. On average, they expect Charles Schwab's share price to reach $49.14 in the next twelve months. This suggests a possible upside of 1.4% 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.

Headlines about SCHW stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Charles Schwab earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Charles Schwab.

Charles Schwab saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 43,350,000 shares, an increase of 21.3% from the December 15th total of 35,740,000 shares. Based on an average trading volume of 9,660,000 shares, the days-to-cover ratio is presently 4.5 days. Approximately 3.8% of the company's stock 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 investors include Douglass Winthrop Advisors LLC (0.10%), Chicago Capital LLC (0.07%), Gateway Investment Advisers LLC (0.05%), Artemis Investment Management LLP (0.04%), Tocqueville Asset Management L.P. (0.04%) and Nisa Investment Advisors LLC (0.03%). 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., Gateway Investment Advisers LLC, Park National Corp OH, Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Steward Partners Investment Advisory LLC, CENTRAL TRUST Co and State of Alaska Department of Revenue. 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., Artemis Investment Management LLP, West Coast Financial LLC, Douglass Winthrop Advisors LLC, Aurora Investment Managers LLC., Hennessy Advisors Inc. and Polianta Ltd. 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 $48.45.

Charles Schwab has a market capitalization of $62.13 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]