The Charles Schwab Corporation (SCHW)

NYSE: SCHW · IEX Real-Time Price · USD
74.99
+0.10 (0.13%)
At close: Apr 26, 2024, 4:00 PM
74.80
-0.19 (-0.25%)
After-hours: Apr 26, 2024, 7:59 PM EDT
0.13%
Market Cap 133.19B
Revenue (ttm) 18.84B
Net Income (ttm) 4.65B
Shares Out 1.78B
EPS (ttm) 2.54
PE Ratio 29.52
Forward PE 21.74
Dividend $1.00 (1.33%)
Ex-Dividend Date May 9, 2024
Volume 5,523,206
Open 74.96
Previous Close 74.89
Day's Range 74.52 - 75.30
52-Week Range 45.65 - 75.55
Beta 1.00
Analysts Buy
Price Target 75.53 (+0.72%)
Earnings Date Apr 15, 2024

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 17 analysts, the average rating for SCHW stock is "Buy." The 12-month stock price forecast is $75.53, which is an increase of 0.72% from the latest price.

Price Target
$75.53
(0.72% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 today declared a regular quarterly cash dividend of $0.25 per common share.

2 days ago - Business Wire

Chart Master: Getting a technical look at Charles Schwab and American Express

Carter Worth, Worth Charting, joins 'Fast Money' to get technical with two financial stocks.

Other symbols: AXP
4 days ago - CNBC Television

Thousands of Charles Schwab Employees Unite in Service to Communities Across the Country for Annual Schwab Volunteer Week

WESTLAKE, Texas--(BUSINESS WIRE)--Building on its decades-long commitment to community service, 8,000 Charles Schwab employees will roll up their sleeves to take part in Schwab Volunteer Week. Schwab ...

4 days ago - Business Wire

Charles Schwab CEO: Investors have a lot of reasons to be optimistic as I do

Charles Schwab CEO Walt Bettinger joins 'Money Movers' to discuss the company's quarterly earnings results, how interest rates are affecting the business, and what's driving new asset growth.

11 days ago - CNBC Television

Charles Schwab Stock Gains on Q1 Earnings Beat Amid Market Rally

Shares of Charles Schwab (SCHW) rose 4% in early trading Monday after the discount brokerage and financial advisory firm reported better-than-expected results because of “an improved macroeconomic env...

11 days ago - Investopedia

Charles Schwab Q1 earnings beat Street estimates

Charles Schwab Corporation (NYSE: SCHW) is in the green in premarket after reporting slightly better-than-expected financial results for its first quarter. Why else is Charles Schwab stock up?

11 days ago - Invezz

Charles Schwab's stock edges up after earnings fall, but just top expectations

Shares of Charles Schwab Corp. SCHW, -0.84% gained 0.3% in premarket trading Monday, after the financial services and brokerage company reported first-quarter profit and revenue that fell, but just to...

11 days ago - Market Watch

Schwab Reports First Quarter Results

WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation reported first quarter 2024 net revenues of $4.7 billion, reflecting a quarter-over-quarter increase of 6%.

11 days ago - Business Wire

Schwab Introduces Futures, Forex and Portfolio Margin on thinkorswim®

WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab, a leader in retail investing and trading, today announced the launch of futures and forex trading, as well as portfolio margin, on its thinkorswim pla...

15 days ago - Business Wire

Calls of the Day: BlackRock, Charles Schwab, Netflix and Transocean

The Investment Committee discusses the latest Calls of the Day.

Other symbols: NFLXRIGBLK
18 days ago - CNBC Television

Schwab Trading Activity Index™: Score Ascends to Moderate Levels in March

WESTLAKE, Texas--(BUSINESS WIRE)--The Schwab Trading Activity Index™ (STAX) increased to 51.65 in March, up from its score of 47.65 in February. The only index of its kind, the STAX is a proprietary, ...

Other symbols: STAX
18 days ago - Business Wire

Charles Schwab Named Best Investing Platform Overall by U.S. News

WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab has been recognized as the Best Investing Platform Overall by U.S. News & World Report in their 2024 U.S. News Money Awards – the second year in a row ...

18 days ago - Business Wire

Final Trades: Charles Schwab, Booking Holdings, Meta & GDX

The Investment Committee gives you their top stocks to watch for the second half.

Other symbols: BKNGGDXMETA
22 days ago - CNBC Television

Ameritrade, Now Part of Charles Schwab, Ranks Highest in Its Segment in the J.D. Power 2024 U.S. Self-Directed Investor Satisfaction Study

WESTLAKE, Texas--(BUSINESS WIRE)--Ameritrade, now part of Charles Schwab, ranked #1 and Schwab ranked #2 among do-it-yourself investors nationwide in the J.D. Power 2024 U.S. Self-Directed Investor Sa...

22 days ago - Business Wire

Schwab Announces Its Spring Business Update

WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation announced that it has scheduled a Spring Business Update for institutional investors .

25 days ago - Business Wire

Here's why AllianceBernstein's Jim Tierney favors ADP

Jim Tierney, AllianceBernstein CIO, joins 'Power Lunch' to discuss how the Fed's next move would impact the market and financials.

Other symbols: ADPCOOSTZ
5 weeks ago - CNBC Television

3 Cheap Stocks to Buy That the Best Value Managers Own

These undervalued stocks appear in the portfolios of highly rated large-cap value funds. Clarification: This video was recorded on March 7 and released on March 11.

Other symbols: GOOGGOOGL
6 weeks ago - Morningstar

Here's why Oakmark Funds' Mike Nicolas is bullish on Capital One and Charles Schwab

Mike Nicolas, Oakmark Funds portfolio manager, joins 'Money Movers' to discuss how Oakmark views the financials sector, how much of the financials strength is due to capital markets, and the deal betw...

Other symbols: COF
6 weeks ago - CNBC Television

Charles Schwab total January client assets up 14% from year ago, flat from December

Charles Schwab Corp. SCHW said Wednesday total client assets in January rose 14% from the year-ago period, and remained flat with the previous month. Total core net new assets brought to the company i...

2 months ago - Market Watch

Schwab Trading Activity Index™: Score Rises Modestly Amid New-Year Rally

Schwab clients were net buyers in January, with the most pronounced buying within the Consumer Discretionary, Energy and Health Care sectors.

2 months ago - Business Wire

Charles Schwab Just Survived a Year From Hell. It Isn't Over Yet.

Executives said financial results should improve in the year ahead. Many employees, still stung by layoffs, remain uneasy.

3 months ago - WSJ

Final Trade: XLE, SCHW, SAVE, MCD

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: XLEMCDSAVE
3 months ago - CNBC Television

Charles Schwab one of the most attractive bank stocks despite near-term headwinds: Oakmark's Fitch

Alex Fitch, Oakmark Funds portfolio manager, joins 'Fast Money' to explain why Charles Schwab is still one of his top picks in banking sector.

3 months ago - CNBC Television

Charles Schwab results have more to do with retail trading behaviour, says Piper Sandler's Moley

Patrick Moley, Piper Sandler, joins 'Closing Bell Overtime' to talk Charles Schwab earnings, the state of the retail trader and more.

3 months ago - CNBC Television

Schwab CEO: This Is a Challenging Time

Charles Schwab Corp. CEO Walt Bettinger isn't holding back. "No one at Schwab is kidding themselves that everything is perfect right now," Bettinger said on a call discussing earnings on Wednesday mor...

3 months ago - Bloomberg Markets and Finance