The Charles Schwab Corporation (SCHW)

NYSE: SCHW · Real-Time Price · USD
80.46
+0.27 (0.34%)
At close: Nov 20, 2024, 4:00 PM
80.45
-0.01 (-0.01%)
Pre-market: Nov 21, 2024, 4:38 AM EST
0.34%
Market Cap 147.29B
Revenue (ttm) 18.74B
Net Income (ttm) 4.69B
Shares Out 1.83B
EPS (ttm) 2.56
PE Ratio 31.43
Forward PE 22.02
Dividend $1.00 (1.24%)
Ex-Dividend Date Nov 8, 2024
Volume 6,613,292
Open 79.69
Previous Close 80.19
Day's Range 79.42 - 80.51
52-Week Range 55.42 - 82.50
Beta 0.95
Analysts Buy
Price Target 75.73 (-5.88%)
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 $75.73, which is a decrease of -5.88% from the latest price.

Price Target
$75.73
(-5.88% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

8 days 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
9 days 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
15 days 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
15 days 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...

16 days 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.

21 days 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.

4 weeks 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...

5 weeks 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.

5 weeks 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...

5 weeks 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.

5 weeks 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 ...

5 weeks 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
5 weeks 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.

5 weeks 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.

5 weeks 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.

5 weeks 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
5 weeks 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
6 weeks 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.

6 weeks ago - WSJ

Dividend Stocks With Strong Q4 Seasonality

Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have bee...

Other symbols: ABBVBACBKBLKCATCFGCI
7 weeks ago - Seeking Alpha

Charles Schwab's longtime CEO to retire

Walt Bettinger to retire from his longtime position as Charles Schwab's CEO at the end of 2024. It will mark the end of Bettinger's 16-year tenure as CEO.

7 weeks ago - Fox Business

Trade Tracker: Stephanie Link sells Schwab and buys more Truist

Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to break down her latest portfolio moves.

Other symbols: TFC
7 weeks ago - CNBC Television

Charles Schwab (SCHW) CEO Succession Plan

"I have big shoes to fill," says current @CharlesSchwab President Rich Wurster, but adds that he's "very well prepared" to become the company's next CEO. He'll succeed Walt Bettinger on January 1st af...

7 weeks ago - Schwab Network

Charles Schwab CEO Walt Bettinger on retirement: 'Incredibly excited' to turn it over to Rick

Charles Schwab CEO Walt Bettinger and President Rick Wurster join 'Squawk Box' to discuss news of Bettinger retiring as CEO at the end of December after 16 years leading the brokerage firm, whether th...

7 weeks ago - CNBC Television

Charles Schwab CEO to Retire at End of the Year

Charles Schwab Chief Executive Officer Walt Bettinger has notified the brokerage's board of his intention to retire effective Dec. 31.

7 weeks ago - Barrons