The Charles Schwab Corporation (SCHW)

NYSE: SCHW · IEX Real-Time Price · USD
71.87
-0.77 (-1.06%)
At close: Sep 30, 2022 4:00 PM
71.25
-0.62 (-0.86%)
After-hours: Sep 30, 2022 7:57 PM EDT
-1.06%
Market Cap 136.34B
Revenue (ttm) 19.04B
Net Income (ttm) 5.79B
Shares Out 1.90B
EPS (ttm) 3.05
PE Ratio 23.56
Forward PE 14.95
Dividend $0.80 (1.11%)
Ex-Dividend Date Aug 11, 2022
Volume 7,233,838
Open 72.44
Previous Close 72.64
Day's Range 71.34 - 73.64
52-Week Range 59.35 - 96.24
Beta 1.07
Analysts Buy
Price Target 89.76 (+24.9%)
Earnings Date Oct 13, 2022

About SCHW

The Charles Schwab Corporation, together with its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates in two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage, investment advisory, banking and trust, retirement plan, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and ... [Read more...]

Industry Capital Markets
IPO Date Sep 22, 1987
CEO Walter Bettinger
Employees 35,200
Stock Exchange NYSE
Ticker Symbol SCHW
Full Company Profile

Financial Performance

In 2021, SCHW's revenue was $18.52 billion, an increase of 58.41% compared to the previous year's $11.69 billion. Earnings were $5.86 billion, an increase of 77.48%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for SCHW stock is "Buy." The 12-month stock price forecast is 89.76, which is an increase of 24.89% from the latest price.

Price Target
$89.76
(24.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Schwab Retirement Plan Services Ranks #1 in J.D. Power U.S. Retirement Plan Digital Satisfaction Study for Second Yea...

WESTLAKE, Texas--(BUSINESS WIRE)-- #401k--SCHWAB RETIREMENT PLAN SERVICES RANKS #1 IN J.D. POWER U.S. RETIREMENT PLAN DIGITAL SATISFACTION STUDY FOR SECOND YEAR IN A ROW

4 days ago - Business Wire

SCHWAB ANNOUNCES Redemption of All Outstanding Shares of Its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferre...

WESTLAKE, Texas--(BUSINESS WIRE)--Charles Schwab announced it will redeem outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A.

1 week ago - Business Wire

SEC to Allow Payment-for-Order-Flow Deals

The US Securities and Exchange Commission will stop short of banning payment for order flow. Robinhood shares surged as much as 12% on Thursday, the most in more than seven weeks.

Other symbols: HOODVIRT
1 week ago - Bloomberg Markets and Finance

Schwab Stock Plan Services Earns Highest Net Promoter Score Client Loyalty Rating in Group Five Benchmarking Study

WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Stock Plan Services Earns Highest Net Promoter Score Client Loyalty Rating in Group Five Benchmarking Study

1 week ago - Business Wire

Schwab (SCHW) Offers Q3 View, August Core Net New Assets Rise

Schwab (SCHW) provides upbeat Q3 total revenue guidance. The company's core net new assets rise in August.

2 weeks ago - Zacks Investment Research

Schwab Reports Monthly Activity Highlights

WESTLAKE, Texas--(BUSINESS WIRE)--The Charles Schwab Corporation released its Monthly Activity Report for the month of August 2022.

2 weeks ago - Business Wire

2 Stocks for Rising Interest Rates

#Morningstar #CharlesSchwab #stockmarkettoday These investment-services firms are likely to benefit from higher rates. Timestamps 0:00 Introduction 0:45 Charles Schwab (SCHW) 1:23 LPL Financial (LPLA) L...

Other symbols: LPLA
2 weeks ago - Morningstar

No Matter the Weather: Despite a Perfect Storm of Market Disruptions, Schwab Study Finds Investors Continue to Favor ...

WESTLAKE, Texas--(BUSINESS WIRE)--ETF investors have faced a turbulent environment marked by high inflation, rising interest rates and market volatility, yet they have continued investing in ETFs and fo...

2 weeks ago - Business Wire

7 Stocks to Buy Ahead of the Next Big Rate Hikes

Wall Street is searching for solid stocks to buy that could shield long-term portfolios from market volatility ahead of the anticipated interest rate hikes. While inflation may have peaked in July, it r...

Other symbols: ALBBACCMEEQIXMPCTMUS
4 weeks ago - InvestorPlace

Most Trusted In Investing: Vanguard Earns Top Slot In Two Categories

When markets turn rocky, as they have this year, investing with a trusted ETF/fund firm, online broker or wealth manager pays big dividends.

Other symbols: FNFVTI
1 month ago - Investors Business Daily

IBD's 3rd Annual Customer Trust Survey: Stalwarts And Newcomers Win Praise

Customer trust is hard to earn. Amid a tough economy and stock market, a new survey found out which financial firms consumers trust with their money.

Other symbols: ABCOFJPMPRI
1 month ago - Investors Business Daily

Law firm urges investors who lost $100k via Charles Schwab Corporation to contact them

Apparently, the Charles Schwab Corporation (NYSE: SCHW) violated securities law and the Schall Law Firm, a national shareholder rights litigation

1 month ago - Finbold

The Charles Schwab Corporation under investigation for violations of the securities laws

Apparently, the Charles Schwab Corporation (NYSE: SCHW) violated securities law and the Schall Law Firm, a national shareholder rights litigation

1 month ago - Finbold

Net futures positions for S&P 500 continue to plunge as hedge funds pile into short positions

The S&P 500 rallied for four straight weeks, bouncing almost 17% from its 52-week low seen on June 16, apparently

1 month ago - Finbold

Schwab (SCHW) Gains Almost 20% QTD: Will the Rally Continue?

Schwab (SCHW) rallies 19.5% quarter-to-date. Higher interest rates, its initiatives to grow inorganically and a robust balance sheet will likely keep supporting the price rise.

1 month ago - Zacks Investment Research

The Charles Schwab Corporation (SCHW) Up 22.1% Since Last Earnings Report: Can It Continue?

The Charles Schwab Corporation (SCHW) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Schwab (SCHW) Up 1.2% as Total Client Assets Rise in July

Schwab (SCHW) witnesses a rise in total client assets in July 2022.

1 month ago - Zacks Investment Research

The Real First Step In Retirement Planning Is Worth $200,000

If you could retire comfortably with $200,000 less in savings, how much sooner could you retire? The post The Real First Step In Retirement Planning Is Worth $200,000 appeared first on Investor's Busine...

1 month ago - Investors Business Daily

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors The Charles Schwab Corporation - SCHW

New York, New York--(Newsfile Corp. - August 12, 2022) - Pomerantz LLP is investigating claims on behalf of investors of The Charles Schwab Corporation ("Charles Schwab" or the "Company") (NYSE: SCHW). ...

1 month ago - Newsfile Corp

2 Stocks Under $100 You Can Buy and Hold Forever

These two market leaders have performed well through the downturn and have great long-term potential

Other symbols: BAC
1 month ago - The Motley Fool

These 13 Beaten Down Stocks Look Attractive

Walt Disney, Bank of America, Uber Technologies, and 10 other stocks that could be bargains after 2022's market selloff. The vew from Boyar Value Group.

1 month ago - Barrons

Schwab Repurchases $1 Billion of Shares Held by TD Bank Group

WESTLAKE, Texas--(BUSINESS WIRE)-- #CharlesSchwab--The Charles Schwab Corporation announced that it has purchased approximately 15M shares of its nonvoting common stock directly from TD Bank Group.

2 months ago - Business Wire

Schwab Announces Recipients of Its Registered Investment Advisor Talent Advantage Student Scholarship

WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Advisor Services and Charles Schwab Foundation announced today the 12 recipients of its 2022 RIA Talent Advantage (RIATA) Student Scholarship. In its second year...

2 months ago - Business Wire

Schwab to list its first crypto ETF on NYSE

Schwab Asset Management will launch its first crypto-related exchange traded fund (ETF) on the New York Stock Exchange (NYSE) next week, the asset manager said in a press release on Friday.

Other symbols: STCE
2 months ago - Invezz

The Charles Schwab Corporation Names CEO Walt Bettinger Co-Chairman of its Board of Directors

WESTLAKE, Texas--(BUSINESS WIRE)--Schwab CEO Walter W. Bettinger II was appointed Co-Chairman of the Schwab Board of Directors, along with Founder and Co-Chairman Charles R. Schwab.

2 months ago - Business Wire