Research Analysts’ Weekly Ratings Updates for Charles Schwab (SCHW)

Charles Schwab (NYSE: SCHW) recently received a number of ratings updates from brokerages and research firms:

• 1/14/2025 – Charles Schwab had its price target lowered by analysts at Wells Fargo & Company from $90.00 to $89.00. They now have an “equal weight” rating on the stock.
• 1/10/2025 – Charles Schwab had its price target lowered by analysts at Citigroup Inc. from $85.00 to $80.00. They now have a “neutral” rating on the stock.
• 1/7/2025 – Charles Schwab had its price target raised by analysts at JPMorgan Chase & Co. from $87.00 to $93.00. They now have an “overweight” rating on the stock.
• 1/7/2025 – Charles Schwab had its price target raised by analysts at Piper Sandler from $65.00 to $70.00. They now have a “neutral” rating on the stock.
• 1/6/2025 – Charles Schwab was upgraded by analysts at Truist Financial Co. to a “strong-buy” rating.
• 12/20/2024 – Charles Schwab had its price target raised by analysts at Keefe, Bruyette & Woods from $81.00 to $93.00. They now have an “outperform” rating on the stock.
• 12/12/2024 – Charles Schwab had its price target raised by analysts at Wells Fargo & Company from $75.00 to $90.00. They now have an “equal weight” rating on the stock.
• 12/9/2024 – Charles Schwab was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $95.00 price target on the stock, up previously from $74.00.
• 12/9/2024 – Charles Schwab had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $94.00 price target on the stock, up previously from $84.00.
• 12/9/2024 – Charles Schwab had its price target raised by analysts at Jefferies Financial Group Inc. from $84.00 to $94.00. They now have a “buy” rating on the stock.

Charles Schwab Price Performance

NYSE SCHW traded up $1.15 during trading hours on Wednesday, reaching $73.49. 755,669 shares of the stock traded hands, compared to its average volume of 7,192,232. The stock has a 50 day simple moving average of $77.62 and a two-hundred day simple moving average of $70.58. The Charles Schwab Co. has a 1 year low of $59.67 and a 1 year high of $83.35. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.47 and a quick ratio of 0.47. The company has a market cap of $130.79 billion, a price-to-earnings ratio of 28.71, a price-to-earnings-growth ratio of 1.76 and a beta of 0.99.

Charles Schwab (NYSE:SCHW) last issued its quarterly earnings results on Tuesday, October 15th. The financial services provider reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.02. Charles Schwab had a net margin of 27.47% and a return on equity of 16.92%. The business had revenue of $4.85 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same period last year, the business earned $0.77 earnings per share. The business’s quarterly revenue was up 5.2% on a year-over-year basis. On average, analysts predict that The Charles Schwab Co. will post 3.12 EPS for the current fiscal year.

Charles Schwab Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend was Friday, November 8th. Charles Schwab’s dividend payout ratio (DPR) is presently 39.06%.

Insider Buying and Selling

In other Charles Schwab news, Director Carolyn Schwab-Pomerantz sold 29,800 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $72.16, for a total transaction of $2,150,368.00. Following the completion of the transaction, the director now owns 551,329 shares of the company’s stock, valued at approximately $39,783,900.64. This trade represents a 5.13 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jonathan S. Beatty sold 2,300 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $82.01, for a total value of $188,623.00. Following the completion of the sale, the insider now owns 18,069 shares in the company, valued at $1,481,838.69. The trade was a 11.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 56,623 shares of company stock worth $4,321,562 in the last ninety days. 6.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Capital Performance Advisors LLP bought a new stake in shares of Charles Schwab in the third quarter worth $25,000. Washington Trust Advisors Inc. grew its position in Charles Schwab by 62.6% during the third quarter. Washington Trust Advisors Inc. now owns 387 shares of the financial services provider’s stock valued at $25,000 after buying an additional 149 shares during the period. Prospera Private Wealth LLC purchased a new stake in Charles Schwab during the third quarter valued at approximately $31,000. Future Financial Wealth Managment LLC bought a new position in Charles Schwab in the third quarter worth approximately $32,000. Finally, Planning Capital Management Corp bought a new stake in shares of Charles Schwab during the 3rd quarter valued at $33,000. 84.38% of the stock is owned by institutional investors.

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.