Is Charles Schwab Corp.’s (NYSE: SCHW) Stock Ready For A Price Spike?

In the last trading session, 8.84 million shares of the Charles Schwab Corp. (NYSE:SCHW) were traded, and its beta was 0.97. Most recently the company’s share price was $74.26, and it changed around $0.84 or 1.14% from the last close, which brings the market valuation of the company to $131.89B. SCHW currently trades at a discount to its 52-week high of $73.88, offering almost 0.51% off that amount. The share price’s 52-week low was $45.65, which indicates that the current value has risen by an impressive 38.53% since then. We note from Charles Schwab Corp.’s average daily trading volume that its 3-month average coming to 7.23 million.

Charles Schwab Corp. stock received a consensus recommendation rating of Buy, based on a mean score of 1.96. If we narrow it down even further, the data shows that 0 out of 19 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 5 recommended SCHW as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight. Charles Schwab Corp. is expected to report earnings per share of $Charles Schwab Corporation (The for the current quarter.

Charles Schwab Corp. (NYSE:SCHW) trade information

Instantly SCHW has showed a green trend with a performance of 1.14% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 7.94% year-to-date, but still up 4.25% over the last five days. On the other hand, Charles Schwab Corp. (NYSE:SCHW) is 3.35% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $84.75, which translates to bulls needing to increase their stock price by 12.38% from its current value. Analyst projections state that SCHW is forecast to be at a low of $66.5 and a high of $112.

Charles Schwab Corp. (SCHW) estimates and forecasts

Charles Schwab Corp. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 43.08 percent over the past six months and at a 9.27% annual growth rate that is well below the industry average of 16.50%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 0.75%. Charles Schwab Corp. earnings are expected to increase by 9.65% in 2024, but the outlook is positive 14.63% per year for the next five years.

SCHW Dividends

Charles Schwab Corp.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 1.35 percent and its annual dividend per share was 1.00. It is important to note, however, that the 1.35% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.