NYSE:SCHWCharles Schwab Stock Price, Forecast & News

Charles Schwab's stock was trading at $32.43 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SCHW shares have increased by 5.1% and is now trading at $34.07. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charles Schwab in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Charles Schwab.

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

Charles Schwab Co. (NYSE:SCHW) announced its quarterly earnings data on Wednesday, April, 15th. The financial services provider reported $0.58 earnings per share 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 net margin of 33.30% and a return on equity of 18.25%. Charles Schwab's revenue was down 3.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.69 earnings per share. View Charles Schwab's earnings history.

Charles Schwab declared a quarterly dividend on Wednesday, April 22nd. Shareholders 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 dividend yield of 2.11%. The ex-dividend date is Thursday, May 7th. View Charles Schwab's dividend history.

Charles Schwab announced that its Board of Directors has authorized a share buyback plan on Wednesday, January 30th 2019, which allows the company to repurchase $4,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.3% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

15 brokers have issued 1 year price objectives for Charles Schwab's stock. Their forecasts range from $35.00 to $51.00. On average, they expect Charles Schwab's stock price to reach $41.60 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View analysts' price targets for Charles Schwab.

Media stories about SCHW stock have trended somewhat positive on Tuesday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. 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 news sentiment score of 1.8 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 impact on the stock's share price in the immediate future. View the latest news about Charles Schwab.

Some companies that are related to Charles Schwab include Morgan Stanley (MS), Goldman Sachs Group (GS), TD Ameritrade (AMTD), E*TRADE Financial (ETFC), Raymond James (RJF), LPL Financial (LPLA), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), INTL Fcstone (INTL), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL). View all competitors.

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).

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

Charles Schwab's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.04%), Envestnet Asset Management Inc. (0.04%), State of Alaska Department of Revenue (0.03%), Gofen & Glossberg LLC IL (0.02%), Moody National Bank Trust Division (0.02%) and Thomasville National Bank (0.01%). 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.

SCHW stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Whittier Trust Co., Whittier Trust Co. of Nevada Inc., IFM Investors Pty Ltd, Arden Trust Co, Private Asset Management Inc., Gofen & Glossberg LLC IL, and Addenda Capital Inc.. 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.

SCHW stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, MERIAN GLOBAL INVESTORS UK Ltd, Teamwork Financial Advisors LLC, Thomasville National Bank, DNB Asset Management AS, Confluence Investment Management LLC, Perkins Coie Trust Co, and First Financial Bank Trust Division. 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.

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 $34.07.

Charles Schwab has a market capitalization of $43.86 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.

The official website for Charles Schwab is 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]