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After A Decline Of -60.95% From The High, Can The Charles Schwab Corporation (NYSE: SCHW) Recover Quickly?

The Charles Schwab Corporation (NYSE:SCHW)’s traded shares stood at 66.09 million during the last session, with the company’s beta value hitting 0.95. At the close of trading, the stock’s price was $57.88, to imply a decrease of -2.80% or -$1.67 in intraday trading. The SCHW share’s 52-week high remains $93.16, putting it -60.95% down since that peak but still an impressive 22.25% since price per share fell to its 52-week low of $45.00. The company has a valuation of $120.75B, with an average of 51.02 million shares in intraday trading volume over the past 10 days and average of 15.21 million shares over the past 3 months.

The Charles Schwab Corporation (NYSE:SCHW) trade information

After registering a -2.80% downside in the last session, The Charles Schwab Corporation (SCHW) has traded red over the past five days. The stock hit a weekly high of 65.66 this Thursday, 03/16/23, dropping -2.80% in its intraday price action. The 5-day price performance for the stock is -12.92%, and -28.34% over 30 days. With these gigs, the year-to-date price performance is -30.48%. Short interest in The Charles Schwab Corporation (NYSE:SCHW) saw shorts transact 18.01 million shares and set a 2.57 days time to cover.

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The Charles Schwab Corporation (SCHW) estimates and forecasts

Looking at statistics comparing The Charles Schwab Corporation share performance against respective industry, we note that the company has underperformed competitors. The Charles Schwab Corporation (SCHW) shares are -20.44% down over the last 6 months, with its year-to-date growth rate lower than industry average at 5.13% against 8.70%. Revenue is forecast to grow 29.90% this quarter before jumping 10.30% for the next one. The rating firms project that company’s revenue will grow 8.60% compared to the previous financial year.

Revenue forecast for the current quarter as set by 11 analysts is $5.42 billion. Meanwhile, for the quarter ending Jun 2023, a total of 11 analyst(s) estimate revenue growth to $5.51 billion.Earnings reports from the last fiscal year show that sales brought in $4.67 billion and $5.09 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 15.90% before jumping 8.10% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 16.30% for the past 5-year period. While 2023 is set for a 24.00% return in earnings, projections for the next 5 years are at 18.46% annually.

SCHW Dividends

The Charles Schwab Corporation has its next earnings report out between April 17 and April 21. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The Charles Schwab Corporation has a forward dividend ratio of 1.00, with the share yield ticking at 1.73% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

The Charles Schwab Corporation (NYSE:SCHW)’s Major holders

The Charles Schwab Corporation insiders hold 6.73% of total outstanding shares, with institutional holders owning 88.18% of the shares at 94.54% float percentage. In total, 88.18% institutions holds shares in the company, led by Toronto Dominion Bank. As of Dec 30, 2022, the company held over 225.99 million shares (or 12.45% of shares), all amounting to roughly $18.82 billion.

The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 124.44 million shares, or about 6.85% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $8.94 billion.

We also have Dodge & Cox Stock Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the The Charles Schwab Corporation (SCHW) shares. Going by data provided on Dec 30, 2022, Dodge & Cox Stock Fund holds roughly 51.61 million shares. This is just over 2.84% of the total shares, with a market valuation of $4.3 billion. Data from the same date shows that the other fund manager holds a little less at 46.1 million, or 2.54% of the shares, all valued at about 3.31 billion.

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