NYSE:SCHW - Charles Schwab Stock Price, Forecast & News

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 stock has increased by 5.4% and is now trading at $34.18. View which stocks have been mosted impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charles Schwab in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Charles Schwab.

Charles Schwab is scheduled to release its next quarterly earnings announcement on Monday, April 20th 2020. View our earnings forecast for Charles Schwab.

Charles Schwab Co. (NYSE:SCHW) posted its quarterly earnings results on Thursday, January, 16th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, topping the Zacks' 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 20.14%. The company's quarterly revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.65 EPS. View Charles Schwab's earnings history.

Charles Schwab announced a quarterly dividend on Wednesday, January 29th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.18 per share on Friday, February 28th. This represents a $0.72 annualized dividend and a yield of 2.11%. The ex-dividend date is Thursday, February 13th. This is a positive change from Charles Schwab's previous quarterly dividend of $0.17. View Charles Schwab's dividend history.

Charles Schwab announced that its board has initiated a share repurchase program on Wednesday, January 30th 2019, which allows the company to repurchase $4,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 6.3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued.

15 brokerages have issued twelve-month price targets for Charles Schwab's stock. Their forecasts range from $33.00 to $60.00. On average, they anticipate Charles Schwab's share price to reach $45.50 in the next twelve months. This suggests a possible upside of 33.1% from the stock's current price. View analysts' price targets for Charles Schwab.

Media coverage about SCHW stock has been trending negative this week, according to InfoTrie. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Charles Schwab earned a news impact score of -2.8 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutCharles Schwab.

Charles Schwab saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 75,203,800 shares, an increase of 16.1% from the February 27th total of 64,760,000 shares. Based on an average trading volume of 11,640,000 shares, the short-interest ratio is currently 6.5 days. Approximately 6.5% of the shares of the company are short sold. 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), Stifel Financial (SF), Lazard (LAZ), 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), Honeywell International (HON), Wells Fargo & Co (WFC), AutoZone (AZO) and Citigroup (C).

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

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 $34.18.

Charles Schwab has a market capitalization of $43.96 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. 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]