Charles Schwab (NYSE:SCHW – Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 4.100-4.200 for the period, compared to the consensus earnings per share estimate of 4.300. The company issued revenue guidance of -.
Charles Schwab Trading Down 1.3 %
Shares of SCHW opened at $75.13 on Tuesday. The business has a 50-day moving average of $77.02 and a 200 day moving average of $76.74. Charles Schwab has a fifty-two week low of $61.01 and a fifty-two week high of $84.50. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.47 and a current ratio of 0.47. The firm has a market cap of $136.25 billion, a P/E ratio of 25.13, a price-to-earnings-growth ratio of 0.99 and a beta of 0.91.
Charles Schwab (NYSE:SCHW – Get Free Report) last posted its earnings results on Thursday, April 17th. The financial services provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.03. The business had revenue of $5.60 billion for the quarter, compared to analyst estimates of $5.46 billion. Charles Schwab had a net margin of 30.31% and a return on equity of 18.20%. During the same quarter in the prior year, the firm posted $0.74 EPS. As a group, research analysts forecast that Charles Schwab will post 4.22 EPS for the current year.
Charles Schwab Increases Dividend
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on SCHW shares. Wells Fargo & Company cut their price objective on shares of Charles Schwab from $93.00 to $87.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Truist Financial dropped their price objective on Charles Schwab from $85.00 to $84.00 and set a “buy” rating for the company in a research note on Monday. Barclays dropped their price target on shares of Charles Schwab from $96.00 to $84.00 and set an “overweight” rating for the company in a research report on Monday, April 7th. UBS Group increased their target price on shares of Charles Schwab from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Charles Schwab from $98.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday, January 22nd. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, Charles Schwab currently has an average rating of “Moderate Buy” and an average target price of $85.56.
Get Our Latest Research Report on Charles Schwab
Insider Activity at Charles Schwab
In other Charles Schwab news, insider Paul V. Woolway sold 3,380 shares of the company’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $79.32, for a total value of $268,101.60. Following the completion of the sale, the insider now owns 57,818 shares in the company, valued at $4,586,123.76. This represents a 5.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Chairman Walter W. Bettinger sold 464,629 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $81.91, for a total value of $38,057,761.39. Following the transaction, the chairman now owns 827,377 shares of the company’s stock, valued at approximately $67,770,450.07. This trade represents a 35.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 513,081 shares of company stock worth $41,903,066 over the last quarter. Company insiders own 6.30% of the company’s stock.
Hedge Funds Weigh In On Charles Schwab
An institutional investor recently raised its position in Charles Schwab stock. Brighton Jones LLC increased its position in The Charles Schwab Co. (NYSE:SCHW – Free Report) by 380.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,240 shares of the financial services provider’s stock after buying an additional 19,195 shares during the period. Brighton Jones LLC’s holdings in Charles Schwab were worth $1,794,000 at the end of the most recent quarter. 84.38% of the stock is currently owned by hedge funds and other institutional investors.
Charles Schwab Company Profile
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.
Featured Articles
- Five stocks we like better than Charles Schwab
- What is the Dogs of the Dow Strategy? Overview and Examples
- Snap-on: Buy This Must-Own Dividend Stock While It’s Down
- What is the Australian Securities Exchange (ASX)
- AST SpaceMobile: 5 Reasons to Buy This Tiny Trailblazer Stock
- Insider Trading – What You Need to Know
- Why Call Option Traders Are Targeting This Dividend ETF Now
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.