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

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

Charles Schwab declared a quarterly dividend on Wednesday, October 23rd. Shareholders of record on Friday, November 8th will be paid a dividend of $0.17 per share on Friday, November 22nd. This represents a $0.68 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend is Thursday, November 7th. 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 often a sign that the company's board believes its shares are undervalued.

Charles Schwab Co. (NYSE:SCHW) issued its quarterly earnings results on Thursday, January, 16th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.62 by $0.01. The financial services provider earned $2.61 billion during the quarter, compared to analysts' expectations of $2.60 billion. Charles Schwab had a return on equity of 20.81% and a net margin of 35.12%. The company's quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.65 EPS. View Charles Schwab's Earnings History.

Charles Schwab is scheduled to release their next quarterly earnings announcement on Monday, April 20th 2020. View Earnings Estimates for Charles Schwab.

15 Wall Street analysts have issued 1-year target prices for Charles Schwab's stock. Their forecasts range from $36.00 to $60.00. On average, they expect Charles Schwab's share price to reach $49.14 in the next twelve months. This suggests a possible upside of 1.7% 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 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Charles Schwab.

Headlines about SCHW stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Charles Schwab earned a daily sentiment score of 0.7 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Charles Schwab.

Charles Schwab saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 43,350,000 shares, an increase of 21.3% from the December 15th total of 35,740,000 shares. Based on an average daily trading volume, of 9,660,000 shares, the short-interest ratio is presently 4.5 days. Approximately 3.8% 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 Goldman Sachs Group (GS), Morgan Stanley (MS), TD Ameritrade (AMTD), Raymond James (RJF), E*TRADE Financial (ETFC), LPL Financial (LPLA), Lazard (LAZ), Stifel Financial (SF), 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), Bank Of The Ozarks (OZRK), Honeywell International (HON), Wells Fargo & Co (WFC) and AutoZone (AZO).

Charles Schwab's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Douglass Winthrop Advisors LLC (0.10%), Chicago Capital LLC (0.07%), Gateway Investment Advisers LLC (0.05%), Artemis Investment Management LLP (0.04%), Tocqueville Asset Management L.P. (0.04%) and Nisa Investment Advisors LLC (0.03%). 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, Paula A Sneed, 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 Stock Yards Bank & Trust Co., Gateway Investment Advisers LLC, Park National Corp OH, Nisa Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Steward Partners Investment Advisory LLC, State of Alaska Department of Revenue and Appleton Partners Inc. MA. 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, Marie A Chandoha, Nigel J Murtagh, Peter J Morgan III, 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 Chicago Capital LLC, Johanson Financial Advisors Inc., Artemis Investment Management LLP, Douglass Winthrop Advisors LLC, Hennessy Advisors Inc., Polianta Ltd, AE Wealth Management LLC and DNB Asset Management AS. 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, Robinhood, Fidelity and Charles Schwab.

One share of SCHW stock can currently be purchased for approximately $48.34.

Charles Schwab has a market capitalization of $61.99 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]