NYSE:SCHW - Charles 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. Since then, SCHW shares have increased by 3.6% and is now trading at $33.61. 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) announced its earnings results on Thursday, January, 16th. The financial services provider reported $0.63 EPS for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.01. The financial services provider had revenue of $2.61 billion for the quarter, compared to the consensus estimate of $2.60 billion. Charles Schwab had a return on equity of 20.14% and a net margin of 34.55%. The business's quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.65 earnings per share. View Charles Schwab's earnings history.

Charles Schwab declared 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 dividend yield of 2.14%. The ex-dividend date of this dividend is Thursday, February 13th. This is a boost from Charles Schwab's previous quarterly dividend of $0.17. View Charles Schwab's dividend history.

Charles Schwab declared that its board has initiated a stock buyback plan 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 stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.

15 analysts have issued 12-month target prices for Charles Schwab's stock. Their forecasts range from $32.00 to $60.00. On average, they anticipate Charles Schwab's stock price to reach $45.43 in the next year. This suggests a possible upside of 35.2% from the stock's current price. View analysts' price targets for Charles Schwab.

Media headlines about SCHW stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Charles Schwab earned a news sentiment score of -4.0 on InfoTrie's scale. They also gave news articles 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 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 daily trading volume, of 11,640,000 shares, the days-to-cover ratio is presently 6.5 days. Currently, 6.5% of the shares of the stock 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), INTL Fcstone (INTL), Piper Jaffray Companies (PJC), 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."

Charles Schwab's stock is owned by many different retail and institutional investors. Top institutional investors include State Street Corp (3.89%), Geode Capital Management LLC (1.20%), Alliancebernstein L.P. (1.15%), FMR LLC (1.14%), Massachusetts Financial Services Co. MA (1.12%) and Route One Investment Company L.P. (1.04%). 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, 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 Capital Research Global Investors, Boston Partners, Nuance Investments LLC, Eaton Vance Management, State Street Corp, Schroder Investment Management Group, USS Investment Management Ltd, and Broad Run Investment Management LLC. 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, Nigel J Murtagh, Peter J Morgan III, and Stephen T Mclin. View insider buying and selling activity for Charles Schwab.

SCHW stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Massachusetts Financial Services Co. MA, Nuveen Asset Management LLC, Diamond Hill Capital Management Inc., Amundi Pioneer Asset Management Inc., Janus Henderson Group PLC, FMR LLC, and Investec Asset Management 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 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 $33.61.

Charles Schwab has a market capitalization of $43.23 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]