Charles Schwab (NYSE:SCHW) Stock Keeps “Market Outperform” Rating at Citizens Jmp

Charles Schwab (NYSE:SCHW)‘s stock had its “market outperform” rating reaffirmed by analysts at Citizens Jmp in a research report issued to clients and investors on Friday, Benzinga reports. They presently have a $120.00 price objective on the financial services provider’s stock. Citizens Jmp’s target price indicates a potential upside of 28.94% from the stock’s previous close.

A number of other analysts have also recently weighed in on SCHW. Zacks Research cut shares of Charles Schwab from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. Bank of America raised their price objective on shares of Charles Schwab from $91.00 to $95.00 and gave the stock an “underperform” rating in a report on Monday, October 5th. Raymond James Financial reissued an “outperform” rating on shares of Charles Schwab in a report on Thursday. Morgan Stanley raised their price objective on shares of Charles Schwab from $136.00 to $141.00 and gave the stock an “overweight” rating in a report on Friday, October 9th. Finally, Weiss Ratings raised shares of Charles Schwab from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Charles Schwab has an average rating of “Moderate Buy” and a consensus price target of $118.80.

Charles Schwab Stock Down 1.2%

SCHW stock traded down $1.09 during midday trading on Friday, reaching $93.07. 3,206,946 shares of the company were exchanged, compared to its average volume of 10,028,766. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.64. Charles Schwab has a 1-year low of $83.96 and a 1-year high of $114.53. The stock’s 50-day simple moving average is $104.81 and its 200 day simple moving average is $98.19. The company has a market cap of $160.94 billion, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 0.82 and a beta of 0.79.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings data on Thursday, October 15th. The financial services provider reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.03. Charles Schwab had a net margin of 38.79% and a return on equity of 24.53%. The company had revenue of $7.17 billion for the quarter, compared to analysts’ expectations of $7.18 billion. During the same quarter last year, the company earned $1.31 earnings per share. The firm’s revenue for the quarter was up 16.9% on a year-over-year basis. On average, equities analysts forecast that Charles Schwab will post 6.45 earnings per share for the current year.

Insiders Place Their Bets

In other news, Chairman Walter W. Bettinger sold 192,488 shares of Charles Schwab stock in a transaction on Monday, July 27th. The shares were sold at an average price of $103.90, for a total value of $19,999,503.20. Following the transaction, the chairman directly owned 529,346 shares of the company’s stock, valued at $54,999,049.40. The trade was a 26.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Dennis Howard sold 28,000 shares of Charles Schwab stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $105.01, for a total transaction of $2,940,280.00. Following the completion of the transaction, the insider directly owned 10,470 shares in the company, valued at $1,099,454.70. The trade was a 72.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 645,582 shares of company stock worth $69,553,935. Corporate insiders own 6.30% of the company’s stock.

Hedge Funds Weigh In On Charles Schwab

A number of institutional investors have recently modified their holdings of the business. Sheets Smith Wealth Management raised its holdings in shares of Charles Schwab by 0.7% in the first quarter. Sheets Smith Wealth Management now owns 14,521 shares of the financial services provider’s stock valued at $1,365,000 after buying an additional 108 shares during the last quarter. Peoples Bank KS raised its holdings in shares of Charles Schwab by 2.7% in the second quarter. Peoples Bank KS now owns 4,331 shares of the financial services provider’s stock valued at $400,000 after buying an additional 113 shares during the last quarter. Sweeney & Michel LLC raised its holdings in shares of Charles Schwab by 1.6% in the first quarter. Sweeney & Michel LLC now owns 7,333 shares of the financial services provider’s stock valued at $710,000 after buying an additional 115 shares during the last quarter. Crumly & Associates Inc. raised its holdings in shares of Charles Schwab by 1.1% in the second quarter. Crumly & Associates Inc. now owns 10,479 shares of the financial services provider’s stock valued at $967,000 after buying an additional 115 shares during the last quarter. Finally, Cypress Capital Group raised its holdings in shares of Charles Schwab by 4.2% in the first quarter. Cypress Capital Group now owns 2,945 shares of the financial services provider’s stock valued at $277,000 after buying an additional 118 shares during the last quarter. 84.38% of the stock is owned by institutional investors and hedge funds.

Charles Schwab News Summary

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Schwab reported third-quarter adjusted EPS of $1.69, above the $1.66 consensus, while revenue rose 16.9% year over year to a record $7.17 billion. Net income reached approximately $2.9 billion. Schwab Q3 Earnings Beat Estimates
• Positive Sentiment: Core net new assets hit a record $190.4 billion, up 38% year over year, lifting total client assets to $13.33 trillion. Schwab also added about 1.2 million brokerage accounts, supporting future fee and interest revenue. Schwab Delivers Record Net New Assets and Earnings
• Positive Sentiment: Analysts remain broadly constructive. Citizens JMP reaffirmed a “market outperform” rating with a $120 price target, while other analysts largely maintained bullish views despite some target reductions. Analysts Revise Schwab Forecasts
• Positive Sentiment: Management highlighted rising trading activity, stronger lending and plans to expand cryptocurrency access, tax-aware products and AI-enabled tools such as Schwab’s “Charlie” assistant. These initiatives could broaden client engagement and revenue over time. Schwab CEO Sees Crypto as a New Revenue Engine
• Neutral Sentiment: Schwab is restricting unauthorized AI agents from accessing client accounts while developing controlled integrations. The move may reduce security risks but could limit near-term third-party AI adoption. Schwab Blocks Unauthorized AI Agents
• Negative Sentiment: Revenue fell slightly short of expectations, and Schwab indicated that 2026 revenue and net interest-margin growth could land at the lower end of its previous range. That softer outlook appears to be outweighing the EPS beat. Schwab Sees Growth at Lower End of Prior Range
• Negative Sentiment: Truist cut its price target, and valuation models have also been trimmed as investors question the durability of rapid client and asset growth. The result has been a negative market reaction even though the underlying quarter was strong. Schwab Price Target Cut by Truist

About Charles Schwab

Charles Schwab Corporation (NYSE:SCHW) is a financial services company that provides brokerage, investment, banking and wealth management services to individual investors, employers, institutions and independent investment advisors. Its offerings include online and mobile trading, securities brokerage, retirement accounts, financial planning, portfolio management, banking products, research and access to mutual funds and exchange-traded funds.

The company operates through businesses including Schwab Brokerage, Schwab Wealth Advisory, Schwab Asset Management and Charles Schwab Bank.