The Charles Schwab Stock Forecast, Price & News

The 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 (WHO). Since then, SCHW stock has increased by 24.3% and is now trading at $40.31.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Charles Schwab in the last year. There are currently 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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The Charles Schwab is scheduled to release its next quarterly earnings announcement on Thursday, January 21st 2021.
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The Charles Schwab Co. (NYSE:SCHW) issued its quarterly earnings data on Thursday, October, 15th. The financial services provider reported $0.48 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.01. The financial services provider had revenue of $2.45 billion for the quarter, compared to analyst estimates of $2.43 billion. The Charles Schwab had a return on equity of 14.02% and a net margin of 29.80%. The company's quarterly revenue was down 9.7% compared to the same quarter last year. During the same period last year, the business earned $0.70 EPS.
View The Charles Schwab's earnings history.

The Charles Schwab declared a quarterly dividend on Thursday, October 22nd. Investors of record on Friday, November 13th will be paid a dividend of $0.18 per share on Friday, November 27th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date is Thursday, November 12th.
View The Charles Schwab's dividend history.

The Charles Schwab announced that its board has authorized a stock 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 reacquire up to 6.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its shares are undervalued.

13 brokerages have issued twelve-month price targets for The Charles Schwab's shares. Their forecasts range from $35.00 to $51.00. On average, they expect The Charles Schwab's stock price to reach $41.85 in the next year. This suggests a possible upside of 3.8% from the stock's current price.
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The Charles Schwab saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 23,750,000 shares, a decrease of 70.6% from the September 30th total of 80,850,000 shares. Based on an average trading volume of 10,870,000 shares, the short-interest ratio is presently 2.2 days.
View The Charles Schwab's Short Interest.

Some companies that are related to The Charles Schwab include Morgan Stanley (MS), The Goldman Sachs Group (GS), TD Ameritrade (AMTD), E*TRADE Financial (ETFC), Raymond James (RJF), LPL Financial (LPLA), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), Piper Jaffray Companies (PJC), BGC Partners (BGCP), Cowen (COWN), Oppenheimer (OPY), Greenhill & Co., Inc. (GHL) and FBR & Co (FBRC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other The Charles Schwab investors own include Chipotle Mexican Grill (CMG), Endologix (ELGX), Apache (APA), Micron Technology (MU), Citigroup (C), Honeywell International (HON), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), Accenture (ACN) and Bank of America (BAC).

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

The Charles Schwab's stock is owned by many different institutional and retail investors. Top institutional investors include Standard Life Aberdeen plc (0.36%), Greenhaven Associates Inc. (0.26%), Intermede Investment Partners Ltd (0.19%), Retirement Systems of Alabama (0.10%), DAVENPORT & Co LLC (0.10%) and AMI Asset Management Corp (0.09%). Company insiders that own The Charles Schwab stock include Arun Sarin, Bernard J Clark, Charles A Ruffel, Charles R Schwab, 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 The Charles Schwab.

SCHW stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Standard Life Aberdeen plc, Robeco Institutional Asset Management B.V., Greenhaven Associates Inc., Alberta Investment Management Corp, State of Alaska Department of Revenue, AMI Asset Management Corp, and CWM LLC. Company insiders that have sold The 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.
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SCHW stock was acquired by a variety of institutional investors in the last quarter, including Osher Van de Voorde Investment Management, Cutler Investment Counsel LLC, KBC Group NV, DekaBank Deutsche Girozentrale, Hoertkorn Richard Charles, Annex Advisory Services LLC, Intermede Investment Partners Ltd, and Cambiar Investors LLC. Company insiders that have bought The 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 The 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 $40.31.

The Charles Schwab has a market capitalization of $51.95 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. The Charles Schwab employs 19,700 workers across the globe.

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

The 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]