Charles Schwab - SCHW Stock Forecast, Price & News

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Charles Schwab in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SCHW shares.
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16 analysts have issued 1-year price objectives for Charles Schwab's shares. Their SCHW share price forecasts range from $75.00 to $107.00. On average, they expect the company's share price to reach $92.27 in the next twelve months. This suggests a possible upside of 14.1% from the stock's current price.
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Charles Schwab's stock was trading at $83.26 at the beginning of the year. Since then, SCHW shares have decreased by 2.9% and is now trading at $80.88.
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The company is scheduled to release its next quarterly earnings announcement on Monday, April 17th 2023.
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The Charles Schwab Co. (NYSE:SCHW) issued its earnings results on Wednesday, January, 18th. The financial services provider reported $1.07 EPS for the quarter, missing analysts' consensus estimates of $1.10 by $0.03. The financial services provider had revenue of $5.50 billion for the quarter, compared to the consensus estimate of $5.55 billion. Charles Schwab had a net margin of 34.60% and a trailing twelve-month return on equity of 23.85%. The company's quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.86 EPS.

Charles Schwab declared a quarterly dividend on Thursday, January 26th. Stockholders of record on Friday, February 10th will be paid a dividend of $0.25 per share on Friday, February 24th. This represents a $1.00 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Thursday, February 9th. This is a positive change from the stock's previous quarterly dividend of $0.22.
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 1.11%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 25.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCHW will have a dividend payout ratio of 16.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCHW.

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), Micron Technology (MU), Citigroup (C), 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 Fisher Asset Management LLC (0.89%), Parnassus Investments LLC (0.70%), Flossbach Von Storch AG (0.62%), Egerton Capital UK LLP (0.52%), Baillie Gifford & Co. (0.45%) and Ninety One UK Ltd (0.38%). Insiders that own company stock include Bernard J Clark, Carolyn Schwab-Pomerantz, 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 $80.88.

Charles Schwab (NYSE:SCHW) has a market capitalization of $146.87 billion and generates $20.76 billion in revenue each year. The financial services provider earns $7.18 billion in net income (profit) each year or $3.50 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.