NYSE:SCHWCharles Schwab Stock Price, Forecast & News

$37.09

+2.59 (+7.51 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$35.81

Now: $37.09▼

$37.09

50-Day Range

$32.56

MA: $35.19▼

$38.79

52-Week Range

$28.00

Now: $37.09▼

$51.65

Volume13.26 million shs

Average Volume12.70 million shs

Market Capitalization$47.75 billion

P/E Ratio14.49

Dividend Yield2.09%

Beta1.27

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor, retirement plan, and mutual fund clearing services. The Advisor Services segment provides custodial, trading, and support services; and retirement business and corporate brokerage retirement services. This segment provides brokerage accounts with cash management capabilities; third-party mutual funds, as well as proprietary mutual funds, plus mutual fund trading, and clearing services to broker-dealers; and exchange-traded funds (ETFs), including proprietary and third-party ETFs. It also offers advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. In addition, this segment provides banking products and services, including checking and savings accounts, certificates of deposit, first lien residential real estate mortgage loans, home equity loans and lines of credit, and pledged asset lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. The company serves individuals and institutional clients in the United States, the Commonwealth of Puerto Rico, England, Hong Kong, Singapore, and Australia. The Charles Schwab Corporation was founded in 1971 and is headquartered in San Francisco, California.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
Charles Schwab has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 7 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $41.73, Charles Schwab has a potential upside of 12.5% from its current price of $37.09.
Amount of Analyst Coverage
Charles Schwab has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
Charles Schwab has received 748 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Charles Schwab has received 735 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Charles Schwab has received 50.44% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Charles Schwab and other stocks. Vote “Outperform” if you believe SCHW will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SCHW will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Charles Schwab is a leading dividend payer. It pays a dividend yield of 2.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Charles Schwab has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Charles Schwab is 26.47 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Charles Schwab will have a dividend payout ratio of 40.45 % next year. This indicates that Charles Schwab will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Charles Schwab insiders have sold 178.29% more of their company's stock than they have bought. Specifically, they have bought $291,292.00 in company stock and sold $810,629.00 in company stock.
Percentage Held by Insiders
Only 10.80% of the stock of Charles Schwab is held by insiders.
Percentage Held by Institutions
85.14% of the stock of Charles Schwab is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Charles Schwab are expected to decrease by -14.83% in the coming year, from $2.09 to $1.78 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Charles Schwab is 14.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of Charles Schwab is 14.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.61.
Price to Book Value per Share Ratio
Charles Schwab has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.26 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Security brokers & dealers

Sub-IndustryInvestment Banking & Brokerage

SectorFinance

Current SymbolNYSE:SCHW

Previous Symbol

CUSIP80851310

CIK316709

Webwww.aboutschwab.com

Phone415-667-7000

Debt

Debt-to-Equity Ratio0.36

Current Ratio0.42

Quick Ratio0.42

Price-To-Earnings

Trailing P/E Ratio14.49

Forward P/E Ratio17.75

P/E GrowthN/A

Sales & Book Value

Annual Sales$10.72 billion

Price / Sales4.45

Cash Flow$4.02 per share

Price / Cash Flow9.22

Book Value$18.24 per share

Price / Book2.03

Profitability

EPS (Most Recent Fiscal Year)$2.72

Net Income$3.70 billion

Net Margins33.30%

Return on Equity18.25%

Return on Assets1.19%

Miscellaneous

Employees19,700

Outstanding Shares1,287,413,000

Market Cap$47.75 billion

Next Earnings Date7/21/2020 (Estimated)

OptionableOptionable

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Charles Schwab (NYSE:SCHW) Frequently Asked Questions

How has Charles Schwab's stock been impacted by COVID-19 (Coronavirus)?

Charles Schwab's stock was trading at $32.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SCHW shares have increased by 14.4% and is now trading at $37.09. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Charles Schwab?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charles Schwab in the last year. There are currently 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Charles Schwab.

When is Charles Schwab's next earnings date?

Charles Schwab is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Charles Schwab.

How were Charles Schwab's earnings last quarter?

Charles Schwab Co. (NYSE:SCHW) posted its earnings results on Wednesday, April, 15th. The financial services provider reported $0.58 EPS for the quarter, missing the Zacks' consensus estimate of $0.63 by $0.05. The financial services provider had revenue of $2.62 billion for the quarter, compared to analyst estimates of $2.61 billion. Charles Schwab had a return on equity of 18.25% and a net margin of 33.30%. The business's revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.69 earnings per share. View Charles Schwab's earnings history.

How often does Charles Schwab pay dividends? What is the dividend yield for Charles Schwab?

Charles Schwab declared a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Friday, May 8th will be paid a dividend of $0.18 per share on Friday, May 22nd. This represents a $0.72 annualized dividend and a yield of 1.94%. The ex-dividend date of this dividend is Thursday, May 7th. View Charles Schwab's dividend history.

How will Charles Schwab's stock buyback program work?

Charles Schwab announced that its Board of Directors has initiated a share buyback 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 stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

What price target have analysts set for SCHW?

16 brokers have issued 12 month price targets for Charles Schwab's stock. Their forecasts range from $33.00 to $50.00. On average, they anticipate Charles Schwab's share price to reach $41.73 in the next twelve months. This suggests a possible upside of 12.5% from the stock's current price. View analysts' price targets for Charles Schwab.

Has Charles Schwab been receiving favorable news coverage?

Press coverage about SCHW stock has been trending very negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Charles Schwab earned a news impact score of -3.4 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 immediate future. View the latest news aboutCharles Schwab.

Who are some of Charles Schwab's key competitors?

Some companies that are related to Charles Schwab include Goldman Sachs Group (GS), Morgan Stanley (MS), TD Ameritrade (AMTD), E*TRADE Financial (ETFC), Raymond James (RJF), 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). View all competitors.

What other stocks do shareholders of Charles Schwab own?

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), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Honeywell International (HON), Accenture (ACN), Wells Fargo & Co (WFC), AutoZone (AZO) and Citigroup (C).

Who are Charles Schwab's key executives?

Charles Schwab's management team includes the following people:

Mr. Walter William Bettinger II, Pres, CEO & Director (Age 58)
Mr. Peter Brooks Crawford, Exec. VP & CFO (Age 50)
Mr. Joseph Raymond Martinetto, Sr. EVP & COO (Age 56)
Ms. Terri Rae Kallsen, Exec. VP of Investor Services (Age 50)
Tim Heier, Exec. VP & CTO

What is Charles Schwab's stock symbol?

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

Who are Charles Schwab's major shareholders?

Charles Schwab's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.12%), State Street Corp (3.64%), Wellington Management Group LLP (2.66%), JPMorgan Chase & Co. (2.36%), Primecap Management Co. CA (2.26%) and Massachusetts Financial Services Co. MA (1.32%). 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.

Which institutional investors are selling Charles Schwab stock?

SCHW stock was sold by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Janus Henderson Group PLC, State Street Corp, APG Asset Management N.V., Triple Frond Partners LLC, USS Investment Management Ltd, Wells Fargo & Company MN, and Eminence Capital LP. 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.

Which institutional investors are buying Charles Schwab stock?

SCHW stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, JPMorgan Chase & Co., BlackRock Inc., Parnassus Investments CA, Nuance Investments LLC, Massachusetts Financial Services Co. MA, Nuveen Asset Management LLC, and Diamond Hill Capital 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.

How do I buy shares of 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.

What is Charles Schwab's stock price today?

One share of SCHW stock can currently be purchased for approximately $37.09.

How big of a company is Charles Schwab?

Charles Schwab has a market capitalization of $47.75 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.

What is Charles Schwab's official website?

The official website for Charles Schwab is www.aboutschwab.com.

How can I contact Charles Schwab?

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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff