The Charles Schwab Corporation (SCHW)

NYSE: SCHW · Real-Time Price · USD
74.31
+0.69 (0.94%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.94%
Market Cap 136.03B
Revenue (ttm) 18.74B
Net Income (ttm) 4.69B
Shares Out 1.83B
EPS (ttm) 2.56
PE Ratio 29.03
Forward PE 20.06
Dividend $1.00 (1.35%)
Ex-Dividend Date Nov 8, 2024
Volume 6,170,282
Open 73.52
Previous Close 73.62
Day's Range 73.32 - 74.99
52-Week Range 59.67 - 83.35
Beta 0.96
Analysts Buy
Price Target 81.00 (+9.0%)
Earnings Date Jan 15, 2025

About SCHW

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. It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including certificates of deposit; ... [Read more]

Industry Capital Markets
Sector Financials
IPO Date Sep 22, 1987
Employees 33,000
Stock Exchange NYSE
Ticker Symbol SCHW
Full Company Profile

Financial Performance

In 2023, SCHW's revenue was $18.84 billion, a decrease of -9.27% compared to the previous year's $20.76 billion. Earnings were $4.65 billion, a decrease of -29.93%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for SCHW stock is "Buy." The 12-month stock price forecast is $81.0, which is an increase of 9.00% from the latest price.

Price Target
$81.0
(9.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Final trades: BlackRock, Charles Schwab, Impinj and Urban Outfitters

The CNBC 'Halftime Report' Investment Committee reveals their top stocks to watch.

Other symbols: BLKPIURBN
4 days ago - CNBC Television

Schwab Reports Monthly Activity Highlights

WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report for the month of November 2024.

8 days ago - Business Wire

Bank Of America Raises Bullish Outlook On US Brokers, Exchanges, Alternative Investments: 3 Top Picks For 2025

Bank of America is bullish on U.S. brokers, asset managers and exchanges heading into 2025, raising price targets across the sector by an average of 14%, citing strong tailwinds from deregulation, ris...

Other symbols: CGIBKROWLTW
9 days ago - Benzinga

Best Long-Term Investment Stocks to Buy

Some of the best long-term investment stocks include companies that are in good financial standing, have a low valuation and pay consistent dividends.

Other symbols: AAPLCVXKOMCDMDTMSFTPG
21 days ago - Kiplinger

Market Overtime: Incoming Charles Schwab CEO Rick Wurster

Oliver Renick sits down with Rick Wurster at the 2024 Schwab IMPACT conference in San Francisco, CA. Wurster will be assuming the CEO title on January 1, 2025 and discusses the path ahead for Charles ...

25 days ago - Schwab Network

Charles Schwab incoming CEO talks growth, crypto plans

Charles Schwab (SCHW) president and incoming CEO Rick Wurster sits down with Yahoo Finance special reporter Rachelle Akuffo at the 2024 Schwab IMPACT conference to talk about his strategic outlook. Wu...

4 weeks ago - Yahoo Finance

Charles Schwab Donates Nearly One Million Meals to Those in Need During Its Annual “Season of Giving”

WESTLAKE, Texas--(BUSINESS WIRE)--To commemorate its annual “Season of Giving,” Charles Schwab employees packed and donated nearly one million meals to families in need across the United States. Thous...

5 weeks ago - Business Wire

How Trump will transform banking regulation — even with Powell at the Fed

Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.

Other symbols: COFDFSKBE
5 weeks ago - Market Watch

3 Wide Moat Stocks for Your Watchlist

#Morningstar  #WideMoatStocks #StockInvesting The stocks of these high-quality companies look fairly valued today but watch out for a chance to buy them on weakness. 00:00 Introduction 00:26 ServiceNo...

Other symbols: AMATNOW
6 weeks ago - Morningstar

Schwab to launch new active bond fund amid banner ETF Year

Charles Schwab is the latest asset management firm to beef up active ETFs as investors look for options to balance passive and hands on investment strategies.

Other symbols: SAEFSCUS
6 weeks ago - Fox Business

Schwab Trading Activity Index™: October Score Increases Slightly Amidst Mixed Earnings Season

WESTLAKE, Texas--(BUSINESS WIRE)--The Schwab Trading Activity Index™ (STAX) increased to 48.37 in October, up from its score of 47.10 in September. The only index of its kind, the STAX is a proprietar...

6 weeks ago - Business Wire

Charles Schwab To Expand 24-Hour Trading

Charles Schwab (SCHW) on Wednesday announced that it plans to expand its 24-hour trading, becoming the latest brokerage to embrace round-the-clock markets.

7 weeks ago - Investopedia

Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends

WESTLAKE, Texas--(BUSINESS WIRE)--The Board of Directors of The Charles Schwab Corporation at its meeting declared a regular quarterly cash dividend of $0.25 per common share.

2 months ago - Business Wire

Charles Schwab: Solid Investment Setup

Charles Schwab shares surged over 6% after reporting better-than-expected Q3 earnings, showcasing robust, mid-single digit top line momentum. The brokerage achieved $1.41B in earnings with a 25% Y/Y g...

2 months ago - Seeking Alpha

Charles Schwab customers want professional help investing — and the brokerage is profiting

The brokerage said it is seeing increased inflows into its wealth-management offerings.

2 months ago - Market Watch

The Charles Schwab Corporation (SCHW) Q3 2024 Earnings Call Transcript

The Charles Schwab Corporation (NYSE:SCHW) Q3 2024 Earnings Conference Call October 15, 2024 8:30 AM ET Company Participants Jeff Edwards - Head of Investor Relations Walter W. Bettinger - Co-Chairma...

2 months ago - Seeking Alpha

Charles Schwab Stock Soars After Strong Earnings Report

Charles Schwab (SCHW) shares soared Tuesday as the financial services company reported better third-quarter results than analysts had expected, and also lifted its projections for full-year revenue.

2 months ago - Investopedia

Schwab's Rick Wurster: $9 billion growth in cash flow allowed us to pay down supplemental funding

Walt Bettinger, outgoing Charles Schwab CEO, and Rick Wurster, incoming Charles Schwab CEO, join 'Money Movers' to discuss the company's quarterly earnings results, if the company can declare victory ...

2 months ago - CNBC Television

These Bank Stocks Hit Highs As Goldman Sachs, Charles Schwab Post Hot Earnings

Bank stocks surged Tuesday as several major financial institutions reported earnings, as the group gets a boost from lower interest rates.

Other symbols: GS
2 months ago - Forbes

Colorado RIA, Veteran Schwab Advisor Join Journey Strategic Wealth in Double Deal

NEW YORK--(BUSINESS WIRE)--Colorado RIA, Veteran Schwab Advisor Join Journey Strategic Wealth in Double Deal.

2 months ago - Business Wire

Schwab Reports Third Quarter Results

WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Reports Total Client Assets Increased 27% Year-Over-Year to a Record $9.92 Trillion.

2 months ago - Business Wire

Schwab Could Earn Billions From Alternative Investments. Clients Should Think Twice.

The higher fees that make alt investments potentially lucrative for Schwab are the same reasons customers should tread carefully.

2 months ago - Barrons

Schwab, Goldman Report Next Week: Goldman Is Overvalued And Needs To Correct

Tuesday morning, October 15th, per Briefing.com, Charles Schwab, Goldman Sachs, Bank of America, and Citigroup will report their Q3 '24 results. When Schwab reports their Q3 '24 financial on Tuesday m...

Other symbols: GS
2 months ago - Seeking Alpha

Calls of the Day: Netflix, NXP Semi, American Express and Charles Schwab

The Investment Committee debate the latest Calls Of The Day, including Netflix, where a Street Fight is brewing between Piper Sandler and Barclays.

Other symbols: AXPNFLXNXPI
2 months ago - CNBC Television

Talk to Rick, the Next CEO of Charles Schwab

Rick Wurster, Schwab's president since 2021, will be tasked with steering the largest publicly traded U.S. brokerage through a transition.

2 months ago - WSJ