The Charles Schwab Co. (NYSE:SCHW – Free Report) – Stock analysts at William Blair upped their FY2025 earnings per share estimates for Charles Schwab in a research note issued on Wednesday, January 22nd. William Blair analyst J. Schmitt now expects that the financial services provider will post earnings of $4.15 per share for the year, up from their prior estimate of $3.90. The consensus estimate for Charles Schwab’s current full-year earnings is $4.04 per share. William Blair also issued estimates for Charles Schwab’s FY2026 earnings at $5.10 EPS.
SCHW has been the topic of several other reports. Morgan Stanley upped their price target on Charles Schwab from $74.00 to $84.00 and gave the company an “equal weight” rating in a research report on Friday, January 17th. The Goldman Sachs Group lifted their price target on shares of Charles Schwab from $67.00 to $74.00 and gave the company a “neutral” rating in a report on Wednesday, October 16th. JMP Securities reiterated a “market outperform” rating and set a $94.00 price objective (up previously from $84.00) on shares of Charles Schwab in a research note on Monday, December 9th. Cowen lifted their target price on Charles Schwab from $69.00 to $75.00 and gave the company a “hold” rating in a research note on Tuesday, October 15th. Finally, Redburn Partners dropped their price target on Charles Schwab from $70.00 to $68.00 and set a “sell” rating on the stock in a research report on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $83.83.
Charles Schwab Stock Performance
Shares of Charles Schwab stock opened at $81.96 on Thursday. The firm’s 50-day simple moving average is $77.75 and its 200-day simple moving average is $70.75. Charles Schwab has a 1 year low of $61.01 and a 1 year high of $83.35. The firm has a market cap of $145.86 billion, a PE ratio of 27.41, a price-to-earnings-growth ratio of 1.48 and a beta of 0.99. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.47 and a current ratio of 0.47.
Charles Schwab (NYSE:SCHW – Get Free Report) last announced its earnings results on Tuesday, January 21st. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.11. Charles Schwab had a return on equity of 18.20% and a net margin of 30.31%. The company had revenue of $5.33 billion for the quarter, compared to analyst estimates of $5,190,822.51 billion. During the same period in the prior year, the company posted $0.68 EPS. Charles Schwab’s quarterly revenue was up 19.5% on a year-over-year basis.
Insider Buying and Selling
In other news, insider Jonathan S. Beatty sold 2,500 shares of Charles Schwab stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $77.02, for a total value of $192,550.00. Following the transaction, the insider now owns 18,069 shares of the company’s stock, valued at $1,391,674.38. The trade was a 12.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Nigel J. Murtagh sold 12,739 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $81.17, for a total transaction of $1,034,024.63. Following the completion of the sale, the insider now owns 59,092 shares in the company, valued at $4,796,497.64. The trade was a 17.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 26,823 shares of company stock valued at $2,171,194 over the last quarter. Corporate insiders own 6.60% of the company’s stock.
Hedge Funds Weigh In On Charles Schwab
A number of hedge funds have recently modified their holdings of SCHW. Sfmg LLC increased its stake in Charles Schwab by 1.7% in the 2nd quarter. Sfmg LLC now owns 57,098 shares of the financial services provider’s stock worth $4,208,000 after purchasing an additional 942 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in shares of Charles Schwab in the second quarter worth about $168,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Charles Schwab in the second quarter worth approximately $1,069,000. Alpha DNA Investment Management LLC raised its holdings in shares of Charles Schwab by 72.0% during the second quarter. Alpha DNA Investment Management LLC now owns 30,988 shares of the financial services provider’s stock valued at $2,283,000 after acquiring an additional 12,973 shares during the period. Finally, APG Asset Management N.V. lifted its position in shares of Charles Schwab by 6.5% in the 2nd quarter. APG Asset Management N.V. now owns 2,458,359 shares of the financial services provider’s stock valued at $169,029,000 after acquiring an additional 149,033 shares in the last quarter. 84.38% of the stock is currently owned by institutional investors and hedge funds.
About Charles Schwab
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.
Recommended Stories
- Five stocks we like better than Charles Schwab
- How Can Investors Benefit From After-Hours Trading
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- Health Care Stocks Explained: Why You Might Want to Invest
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Receive News & Ratings for Charles Schwab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charles Schwab and related companies with MarketBeat.com's FREE daily email newsletter.