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

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

Charles Schwab announced a quarterly dividend on Wednesday, July 24th. Stockholders of record on Friday, August 9th will be given a dividend of $0.17 per share on Friday, August 23rd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date is Thursday, August 8th. View Charles Schwab's Dividend History.

Charles Schwab declared that its Board of Directors has approved a share repurchase plan on Wednesday, January 30th 2019, which permits the company to repurchase $4,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.3% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Charles Schwab Co. (NYSE:SCHW) posted its quarterly earnings results on Tuesday, July, 16th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.65 by $0.01. The financial services provider earned $2.68 billion during the quarter, compared to analysts' expectations of $2.68 billion. Charles Schwab had a net margin of 35.29% and a return on equity of 20.52%. The business's quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.60 EPS. View Charles Schwab's Earnings History.

Charles Schwab is scheduled to release their next quarterly earnings announcement on Monday, October 21st 2019. View Earnings Estimates for Charles Schwab.

15 brokerages have issued 1 year target prices for Charles Schwab's shares. Their forecasts range from $39.50 to $57.00. On average, they expect Charles Schwab's stock price to reach $47.7143 in the next year. This suggests a possible upside of 28.5% 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 1 sell rating, 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Charles Schwab.

News headlines about SCHW stock have been trending negative on Saturday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. 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 coverage optimism score of -2.3 on InfoTrie's scale. They also assigned media 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 term. View News Stories for Charles Schwab.

Charles Schwab saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 14,768,900 shares, a decrease of 10.9% from the June 30th total of 16,579,000 shares. Based on an average daily volume of 9,480,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.2% of the company's stock are short sold. View Charles Schwab's Current Options Chain.

Some companies that are related to Charles Schwab include Goldman Sachs Group (GS), Morgan Stanley (MS), BlackRock (BLK), Credit Suisse Group (CS), TD Ameritrade (AMTD), MarketAxess (MKTX), Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Virtu Financial (VIRT), Navient (NAVI), Waddell & Reed Financial (WDR) and Futu (FHL).

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), Bank Of The Ozarks (OZRK), Accenture (ACN), Hudson Technologies (HDSN), AutoZone (AZO) and Honeywell International (HON).

Charles Schwab's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.98%), BlackRock Inc. (6.66%), Price T Rowe Associates Inc. MD (4.66%), Primecap Management Co. CA (2.41%), Edgewood Management LLC (1.69%) and Generation Investment Management LLP (1.60%). Company insiders that own Charles Schwab stock include 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 B Crawford, 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 Price T Rowe Associates Inc. MD, Parnassus Investments CA, Findlay Park Partners LLP, WCM Investment Management LLC, Wedgewood Partners Inc., Castleark Management LLC, Russell Investments Group Ltd. and Panagora Asset Management Inc.. Company insiders that have sold Charles Schwab company stock in the last year include Charles R Schwab, Jonathan M Craig, Marie A Chandoha, Nigel J Murtagh, Stephen T Mclin and Terri R Kallsen. View Insider Buying and Selling for Charles Schwab.

SCHW stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, BlackRock Inc., CIBC Private Wealth Group LLC, Eminence Capital LP, Investec Asset Management LTD, Invesco Ltd., Morgan Stanley and Nuance Investments LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of SCHW stock can currently be purchased for approximately $37.14.

Charles Schwab has a market capitalization of $48.55 billion and generates $10.13 billion in revenue each year. The financial services provider earns $3.51 billion in net income (profit) each year or $2.45 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]