Charles Schwab (NYSE:SCHW) Updates FY 2025 Earnings Guidance

Charles Schwab (NYSE:SCHW) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 4.100-4.200 for the period, compared to the consensus estimate of 4.300. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

SCHW has been the topic of a number of recent research reports. JPMorgan Chase & Co. reissued an “outperform” rating and set a $92.00 price objective on shares of Charles Schwab in a research note on Wednesday, April 16th. JPMorgan analyst Kenneth Worthington reiterated an Overweight rating and $92 target. Ahead of earnings, he highlighted Schwab’s earnings model and positive impact of rising cash allocations. Citigroup raised shares of Charles Schwab from a “neutral” rating to a “buy” rating and upped their price objective for the company from $85.00 to $102.00 in a report on Wednesday, April 2nd. Piper Sandler lifted their target price on shares of Charles Schwab from $74.00 to $80.00 in a research note on Thursday. Wells Fargo & Company dropped their price target on shares of Charles Schwab from $93.00 to $87.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Finally, Barclays reduced their price target on shares of Charles Schwab from $96.00 to $84.00 and set an “overweight” rating on the stock in a research report on Monday, April 7th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $85.44.

Charles Schwab Trading Up 1.1 %

NYSE:SCHW opened at $76.52 on Monday. The stock has a fifty day moving average price of $77.16 and a 200 day moving average price of $76.67. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.59. Charles Schwab has a 12-month low of $61.01 and a 12-month high of $84.50. The firm has a market cap of $138.77 billion, a PE ratio of 25.59, a price-to-earnings-growth ratio of 0.99 and a beta of 0.91.

Charles Schwab (NYSE:SCHW) last released its earnings results on Thursday, April 17th. The financial services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. Charles Schwab had a net margin of 30.31% and a return on equity of 18.20%. The firm had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.46 billion. During the same period in the prior year, the firm earned $0.74 earnings per share. Sell-side analysts anticipate that Charles Schwab will post 4.22 earnings per share for the current fiscal year.

Charles Schwab Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.27 per share. This is a boost from Charles Schwab’s previous quarterly dividend of $0.25. This represents a $1.08 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend was Friday, February 14th. Charles Schwab’s dividend payout ratio is currently 36.12%.

Insider Transactions at Charles Schwab

In other Charles Schwab news, insider Paul V. Woolway sold 3,380 shares of Charles Schwab stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $79.32, for a total transaction of $268,101.60. Following the transaction, the insider now owns 57,818 shares of the company’s stock, valued at $4,586,123.76. The trade was a 5.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, General Counsel Peter J. Morgan III sold 14,643 shares of the firm’s stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $80.70, for a total transaction of $1,181,690.10. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 513,081 shares of company stock valued at $41,903,066. Corporate insiders own 6.30% of the company’s stock.

Institutional Investors Weigh In On Charles Schwab

A hedge fund recently raised its stake in Charles Schwab stock. Brighton Jones LLC increased its stake in The Charles Schwab Co. (NYSE:SCHW) by 380.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,240 shares of the financial services provider’s stock after purchasing an additional 19,195 shares during the quarter. Brighton Jones LLC’s holdings in Charles Schwab were worth $1,794,000 at the end of the most recent quarter. Institutional investors and hedge funds own 84.38% of the company’s stock.

About Charles Schwab

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.