The Charles Schwab Corporation (SCHW)

NYSE: SCHW · IEX Real-Time Price · USD
-0.41 (-0.65%)
At close: Dec 5, 2023, 4:00 PM
+0.16 (0.26%)
After-hours: Dec 5, 2023, 7:59 PM EST
Market Cap 114.17B
Revenue (ttm) 19.88B
Net Income (ttm) 5.54B
Shares Out 1.77B
EPS (ttm) 3.00
PE Ratio 20.74
Forward PE 17.64
Dividend $1.00 (1.61%)
Ex-Dividend Date Nov 9, 2023
Volume 7,164,275
Open 62.31
Previous Close 62.64
Day's Range 61.52 - 62.39
52-Week Range 45.00 - 86.63
Beta 0.99
Analysts Buy
Price Target 72.19 (+16.01%)
Earnings Date Jan 17, 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. 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; third-party mutual funds through the Mutu... [Read more]

Industry Capital Markets
Sector Financials
IPO Date Sep 22, 1987
Employees 35,300
Stock Exchange NYSE
Ticker Symbol SCHW
Full Company Profile

Financial Performance

In 2022, SCHW's revenue was $20.76 billion, an increase of 12.11% compared to the previous year's $18.52 billion. Earnings were $6.64 billion, an increase of 23.79%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for SCHW stock is "Buy." The 12-month stock price forecast is $72.19, which is an increase of 16.01% from the latest price.

Price Target
(16.01% upside)
Analyst Consensus: Buy
Stock Forecasts


Schwab is uniquely positioned ahead of potential rate cuts, says Piper Sandler's Patrick Moley

Patrick Moley, analyst at Piper Sandler, joins 'The Exchange' to discuss shares of Schwab, the impact of potential interest rate cuts next year and more.

1 day ago - CNBC Television

Active managers will see a growing roster of opportunities in 2024: Charles Schwab's Liz Ann Sonders

Liz Ann Sonders, Charles Schwab chief investment strategist, joins 'Squawk on the Street' to discuss what investors should watch out for into year-end and early next, how active investment manager sen...

1 day ago - CNBC Television

2024 could bring economic pain, but not for stocks: Charles Schwab's Liz Ann Sonders

As the end of the year approaches, many investors are still questioning how 2024 will shape up considering ongoing and potential economic uncertainties. Some Wall Street experts believe that there wil...

4 days ago - Yahoo Finance

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.

5 days ago - Kiplinger

Charles Schwab predicts 'economic pain is likely' in 2024

Charles Schwab's 2024 outlook predicts economic hardship is likely, but isn't expected to impede the progress of the stock market. Schwab also highlights resilient consumer spending while noting poten...

7 days ago - Yahoo Finance

There are some ‘interesting opportunities' within energy and financials: Charles Schwab's Sonders

Liz Ann Sonders, Charles Schwab chief investment strategist and managing director, joins 'Squawk on the Street' to discuss what she expects from the markets, whether the recent moves in treasury yield...

19 days ago - CNBC Television

Schwab Survey: Trader Sentiment Turns Bearish for the Fourth Quarter, but Remains More Bullish Compared to a Year Ago

WESTLAKE, Texas--(BUSINESS WIRE)--Sentiment among traders has turned bearish, but is still more bullish than it was this time last year, according to the latest Charles Schwab Trader Sentiment Survey,...

19 days ago - Business Wire

Schwab's Unrealized Bond Losses Widened to $19.4B

The unrealized paper losses in a key part of its large bond portfolio widened in the third quarter to $19.4 billion.

25 days ago - Barrons

Why this Dow stock went from worst in 2022 to first in 2023 — and 13 turnaround candidates for 2024

Stocks' yearly performance rankings are a field day for contrarians: One year's worst often are the subsequent year's best, and vice versa.

26 days ago - Market Watch

Investing in AI? How about AI for investing

AI, artificial intelligence, is taking the economy by storm because of the opportunity it provides. Among the benefits are improved efficiency, fraud detection, and robotic automation that add up to c...

Other symbols: AMDPATH
4 weeks ago - MarketBeat

Charles Schwab's Rocky Year in Five Charts

The largest publicly traded U.S. brokerage is among the worst-performing stocks in the S&P 500 this year.

4 weeks ago - WSJ

3 Buys and a bail: Qualcomm, Charles Schwab, First Solar & Target

Delano Saporu, New Street Advisors CEO, joins 'The Exchange' to share three buys and a bail, including Qualcomm, Charles Schwab, First Solar and Target.

Other symbols: FSLRQCOMTGT
4 weeks ago - CNBC Television

Charles Schwab cutting as many as 2,000 jobs — joining Goldman, Morgan Stanley

"These were hard but necessary steps to ensure Schwab remains highly competitive," the spokesperson said in an emailed statement.

4 weeks ago - New York Post

Schwab reportedly laid off up to 2,000 employees; analyst reiterates outperform

Charles Schwab Corp.'s stock SCHW fell 0.5% on Wednesday on the heels of a report by RIABiz that the broker has laid off up to 2,000 employees this week as part of a previously disclosed effort to sav...

4 weeks ago - Market Watch

Fixated on Fixed Income: Millennial ETF Investors Stand out From the Pack for Their Interest, Intentions and Investments in Fixed Income ETFs

WESTLAKE, Texas--(BUSINESS WIRE)--Fixed income has been in focus this year and surprisingly, Millennial ETF investors are gravitating toward this asset class more than their older peers, according to ...

5 weeks ago - Business Wire

Schwab Stock Plan Services Expands International Capabilities, Offers Fully Featured Accounts to 18 Additional Countries


6 weeks ago - Business Wire

Concurrent Marks One-Year Anniversary of its Transition to Hybrid, Multi-Custodial RIA Framework With Schwab Partnership and More Than $1B in New Assets

TAMPA, Fla.--(BUSINESS WIRE)--Last year, Concurrent announced its intent to restructure as a multi-custodial, hybrid RIA to create a more flexible service platform, offer a wider range of investment s...

6 weeks ago - Business Wire

Three-Stock Lunch: Microsoft, Charles Schwab and Lululemon

Lee Munson, Portfolio Wealth Advisors president, joins ‘Power Lunch' to discuss three stocks: Microsoft, Charles Schwab and Lululemon.

Other symbols: LULUMSFT
7 weeks ago - CNBC Television

Schwab Sees Potential Inflection Point to Cash Outflows

Key deposits creep up in September after falling for over a year.

7 weeks ago - WSJ

Charles Schwab posts profit beat on robust asset management growth

Charles Schwab recorded a smaller-than-expected drop in quarterly profit on Monday as growth in asset management fees softened the blow from a fall in its net interest revenue.

7 weeks ago - Fox Business

Charles Schwab Beats Profit Estimates and Moves to Save $1 Billion Per Year

Charles Schwab (SCHW) shares jumped in early trading on Monday after the discount brokerage and investment firm posted better-than-expected earnings, and said it was embarking on a major cost-cutting ...

7 weeks ago - Investopedia

KBW CEO: There's a big headwind to earnings cause of rates, but pace of deterioration is slowing

KBW CEO Thomas Michaud joins 'Squawk on the Street' to discuss his thoughts on Friday's market action, whether the negative sentiment towards financials is justified, and the bifurcation between the b...

Other symbols: BACGSMS
7 weeks ago - CNBC Television

Charles Schwab CEO Walt Bettinger: We're in a bearish environment, and it's been tough for investors

Charles Schwab CEO Walt Bettinger joins 'Squawk on the Street' to discuss the company's quarterly earnings results, what investors need to understand about the interest rate move impact on the banks, ...

7 weeks ago - CNBC Television

Schwab Introduces Schwab Trading Powered by Ameritrade™, Setting a New Standard for the Retail Trading Experience

WESTLAKE, Texas--(BUSINESS WIRE)--Schwab today introduced Schwab Trading Powered by Ameritrade, a reimagined trading experience made possible by the combination of two of the industry's most innovativ...

7 weeks ago - Business Wire

Charles Schwab stock drops after revenue falls a bit shy of expectations, amid trading weakness

Shares of Charles Schwab Corp. SCHW, -0.35% fell 1.5% toward a five-month low in premarket trading Monday, after the financial services and discount brokerage giant beat third-quarter profit expectati...

7 weeks ago - Market Watch