NYSE:SCHWCharles Schwab Stock Price, Forecast & News

Charles Schwab's stock was trading at $32.43 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SCHW shares have increased by 7.8% and is now trading at $34.96.
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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, October 20th 2020.
View our earnings forecast for Charles Schwab.

Charles Schwab Co. (NYSE:SCHW) posted its quarterly earnings data on Thursday, July, 16th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.01. The financial services provider earned $2.45 billion during the quarter, compared to analyst estimates of $2.48 billion. Charles Schwab had a net margin of 31.48% and a return on equity of 16.88%. The business's revenue was down 8.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.66 EPS.
View Charles Schwab's earnings history.

Charles Schwab declared a quarterly dividend on Thursday, July 23rd. Stockholders of record on Friday, August 7th will be paid a dividend of $0.18 per share on Friday, August 28th. This represents a $0.72 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Thursday, August 6th.
View Charles Schwab's dividend history.

Charles Schwab declared that its board has approved a share repurchase program on Wednesday, January 30th 2019, which allows the company to buyback $4,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.3% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

15 brokers have issued 12 month price objectives for Charles Schwab's shares. Their forecasts range from $35.00 to $50.00. On average, they expect Charles Schwab's share price to reach $41.47 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price.
View analysts' price targets for Charles Schwab.

News articles about SCHW stock have trended extremely negative recently, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Charles Schwab earned a daily sentiment score of -4.1 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect 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), Piper Jaffray Companies (PJC), BGC Partners (BGCP), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).
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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), Micron Technology (MU), Honeywell International (HON), Citigroup (C), Accenture (ACN), Aegean Marine Petroleum Network (ANW), Wells Fargo & Co (WFC) and JPMorgan Chase & Co. (JPM).

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

Charles Schwab's stock is owned by many different institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (0.94%), Diamond Hill Capital Management Inc. (0.73%), First Eagle Investment Management LLC (0.44%), Provident Trust Co. (0.42%), New York State Common Retirement Fund (0.42%) and Principal Financial Group Inc. (0.41%). 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 Macquarie Group Ltd., Cooke & Bieler LP, Russell Investments Group Ltd., New York State Common Retirement Fund, Sumitomo Mitsui Trust Holdings Inc., Nuance Investments LLC, Eastern Bank, and Envestnet Asset Management Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Greenhaven Associates Inc., Ruffer LLP, Ensign Peak Advisors Inc, Diamond Hill Capital Management Inc., Alberta Investment Management Corp, State of Wisconsin Investment Board, Rovida Advisors Inc., and Weitz Investment Management Inc.. 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 $34.96.

Charles Schwab has a market capitalization of $45.01 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]