Erste Group Bank Predicts Charles Schwab FY2026 Earnings

The Charles Schwab Corporation (NYSE:SCHW) – Equities research analysts at Erste Group Bank dropped their FY2026 earnings per share (EPS) estimates for Charles Schwab in a research note issued on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now anticipates that the financial services provider will post earnings of $6.45 per share for the year, down from their prior estimate of $6.50. The consensus estimate for Charles Schwab’s current full-year earnings is $6.42 per share.

Other equities research analysts also recently issued reports about the company. Rothschild & Co Redburn increased their price objective on Charles Schwab from $114.00 to $120.00 and gave the company a “neutral” rating in a report on Monday, September 21st. Deutsche Bank Aktiengesellschaft set a $125.00 target price on shares of Charles Schwab and gave the company a “buy” rating in a report on Friday, October 16th. Argus increased their price target on shares of Charles Schwab from $108.00 to $114.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Wells Fargo & Company lowered their price objective on shares of Charles Schwab from $105.00 to $103.00 and set an “equal weight” rating on the stock in a research report on Friday, October 16th. Finally, Piper Sandler dropped their price objective on shares of Charles Schwab from $118.00 to $100.00 and set a “neutral” rating on the stock in a research note on Friday, October 2nd. Eighteen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Charles Schwab currently has a consensus rating of “Moderate Buy” and a consensus price target of $120.18.

Charles Schwab Trading Down 0.2%

SCHW opened at $91.46 on Friday. The firm has a market cap of $158.17 billion, a price-to-earnings ratio of 15.61, a price-to-earnings-growth ratio of 0.81 and a beta of 0.79. Charles Schwab has a 52 week low of $83.96 and a 52 week high of $114.53. The business’s 50 day moving average is $103.07 and its two-hundred day moving average is $98.11. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.52.

Charles Schwab (NYSE:SCHW) last announced its earnings results on Thursday, October 15th. The financial services provider reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.66 by $0.03. The firm had revenue of $7.17 billion during the quarter, compared to analysts’ expectations of $7.18 billion. Charles Schwab had a return on equity of 25.79% and a net margin of 39.33%. The business’s revenue was up 16.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.31 EPS.

Institutional Trading of Charles Schwab

Several hedge funds and other institutional investors have recently made changes to their positions in SCHW. Bank of New York Mellon Corp increased its stake in shares of Charles Schwab by 22.9% during the first quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider’s stock worth $1,518,913,000 after acquiring an additional 3,009,884 shares during the period. Bank of America Corp DE lifted its position in Charles Schwab by 3.5% in the first quarter. Bank of America Corp DE now owns 15,623,030 shares of the financial services provider’s stock valued at $1,468,252,000 after purchasing an additional 530,191 shares during the period. Flossbach Von Storch SE purchased a new stake in Charles Schwab in the 2nd quarter valued at approximately $987,930,000. Dimensional Fund Advisors LP boosted its holdings in Charles Schwab by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,742,934 shares of the financial services provider’s stock valued at $539,705,000 after purchasing an additional 60,979 shares in the last quarter. Finally, Provident Trust Co. boosted its holdings in Charles Schwab by 0.4% in the 2nd quarter. Provident Trust Co. now owns 3,716,441 shares of the financial services provider’s stock valued at $342,916,000 after purchasing an additional 13,616 shares in the last quarter. Hedge funds and other institutional investors own 84.38% of the company’s stock.

Insider Buying and Selling

In other news, Director Paula Sneed sold 5,263 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $107.15, for a total transaction of $563,930.45. Following the completion of the sale, the director owned 91,711 shares in the company, valued at $9,826,833.65. This represents a 5.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Nigel Murtagh sold 32,947 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of $104.01, for a total value of $3,426,817.47. Following the sale, the insider directly owned 57,972 shares of the company’s stock, valued at approximately $6,029,667.72. This represents a 36.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 632,577 shares of company stock worth $68,214,123. 6.30% of the stock is currently owned by company insiders.

Charles Schwab Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Friday, November 13th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. Charles Schwab’s payout ratio is presently 21.84%.

Charles Schwab Company Profile

The Charles Schwab Corporation (NYSE: SCHW) is a financial services company that provides investment, wealth management, banking and related services to individual investors, financial professionals and institutional clients. Through its brokerage business, Schwab offers trading and custody services for stocks, exchange-traded funds, mutual funds, options, fixed-income securities and other investments, along with retirement accounts and investment research tools.

The company also provides advisory and wealth management services, including managed portfolios, financial planning and support for registered investment advisors.