3 days Ago By ABMN Staff
The Charles Schwab Co. ( NYSE:SCHW – Free Report ) – Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for shares of Charles Schwab in a research note issued to investors on Thursday, September 12th. Zacks Research analyst R.
Department now forecasts that the financial services provider will post earnings per share of $1.19 for the quarter, up from their previous estimate of $1.18.
The consensus estimate for Charles Schwab’s current full-year earnings is $3.05 per share. Zacks Research also issued estimates for Charles Schwab’s FY2026 earnings at $4.
79 EPS. Several other research firms also recently commented on SCHW. Wells Fargo & Company initiated coverage on Charles Schwab in a research report on Thursday.
They set an “equal weight” rating and a $70.00 target price for the company. Barclays cut their target price on Charles Schwab from $77.
00 to $68.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 17th. Piper Sandler downgraded Charles Schwab from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $80.
00 to $64.00 in a research report on Monday, July 29th. Keefe, Bruyette & Woods restated an “outperform” rating and set a $80.
00 target price on shares of Charles Schwab in a research report on Thursday, August 22nd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Charles Schwab from $79.00 to $80.
00 and gave the stock a “buy” rating in a research report on Thursday, August 15th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.
com, the company presently has a consensus rating of “Hold” and an average price target of $73.75. Charles Schwab Price Performance Shares of NYSE:SCHW opened at $62.
12 on Monday. Charles Schwab has a 1-year low of $48.66 and a 1-year high of $79.
49. The firm has a market capitalization of $110.48 billion, a PE ratio of 25.
99, a PEG ratio of 1.16 and a beta of 0.97.
The business’s 50 day moving average is $65.33 and its 200-day moving average is $70.07.
The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.
65. Charles Schwab ( NYSE:SCHW – Get Free Report ) last announced its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $0.
73 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.01.
Charles Schwab had a return on equity of 18.14% and a net margin of 26.30%.
The company had revenue of $4.69 billion for the quarter, compared to analyst estimates of $4.68 billion.
During the same quarter last year, the firm earned $0.75 EPS. Charles Schwab’s revenue for the quarter was up .
7% compared to the same quarter last year. Charles Schwab Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Friday, August 23rd. Stockholders of record on Friday, August 9th were given a dividend of $0.
25 per share. The ex-dividend date was Friday, August 9th. This represents a $1.
00 dividend on an annualized basis and a dividend yield of 1.61%. Charles Schwab’s payout ratio is currently 41.
84%. Insider Transactions at Charles Schwab In other news, Director Carolyn Schwab-Pomerantz sold 12,320 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $65.
10, for a total transaction of $802,032.00. Following the completion of the sale, the director now owns 562,129 shares in the company, valued at $36,594,597.
90. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink . In related news, Director Carolyn Schwab-Pomerantz sold 12,320 shares of Charles Schwab stock in a transaction on Thursday, August 15th.
The stock was sold at an average price of $65.10, for a total transaction of $802,032.00.
Following the completion of the sale, the director now directly owns 562,129 shares of the company’s stock, valued at $36,594,597.90. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website .
Also, Chairman Charles R. Schwab sold 67,386 shares of Charles Schwab stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $65.
11, for a total value of $4,387,502.46. Following the sale, the chairman now directly owns 60,619,371 shares of the company’s stock, valued at $3,946,927,245.
81. The disclosure for this sale can be found here . Insiders sold a total of 99,636 shares of company stock worth $6,533,064 over the last 90 days.
6.60% of the stock is owned by insiders. Institutional Investors Weigh In On Charles Schwab A number of institutional investors have recently made changes to their positions in SCHW.
Gryphon Financial Partners LLC acquired a new stake in shares of Charles Schwab during the fourth quarter worth $466,000. Financial Advocates Investment Management acquired a new position in Charles Schwab in the fourth quarter valued at about $296,000. Level Four Advisory Services LLC grew its stake in Charles Schwab by 11.
9% in the fourth quarter. Level Four Advisory Services LLC now owns 7,743 shares of the financial services provider’s stock valued at $533,000 after acquiring an additional 822 shares during the period. Independent Advisor Alliance grew its stake in Charles Schwab by 4.
3% in the fourth quarter. Independent Advisor Alliance now owns 24,905 shares of the financial services provider’s stock valued at $1,713,000 after acquiring an additional 1,016 shares during the period. Finally, Manchester Capital Management LLC grew its stake in Charles Schwab by 16.
7% in the fourth quarter. Manchester Capital Management LLC now owns 1,190 shares of the financial services provider’s stock valued at $82,000 after acquiring an additional 170 shares during the period. 84.
38% of the stock is owned by institutional investors and hedge funds. Charles Schwab Company Profile ( Get Free Report ) The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services.
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