During the last session, Charles Schwab Corp (NYSE:SCHW)’s traded shares were 9.38 million, with the beta value of the company hitting 0.92. At the end of the trading day, the stock’s price was $84.01, reflecting an intraday gain of 1.42% or $1.18. The 52-week high for the SCHW share is $84.50, that puts it down -0.58 from that peak though still a striking 27.38% gain since the share price plummeted to a 52-week low of $61.01. The company’s market capitalization is $156.63B, and the average trade volume was 12.90 million shares over the past three months.
Charles Schwab Corp (SCHW) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.67. SCHW has a Sell rating from 0 analyst(s) out of 17 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 13 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.06.
Charles Schwab Corp (NYSE:SCHW) trade information
Charles Schwab Corp (SCHW) registered a 1.42% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.42% in intraday trading to $84.01, hitting a weekly high. The stock’s 5-day price performance is 3.21%, and it has moved by 19.95% in 30 days. Based on these gigs, the overall price performance for the year is 10.48%.
The consensus price target of analysts on Wall Street is $82.5, which implies a decrease of -1.83% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $70 and $95 respectively. As a result, SCHW is trading at a discount of -13.08% off the target high and 16.68% off the low.
Charles Schwab Corp (SCHW) estimates and forecasts
In the rating firms’ projections, revenue will increase 15.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 5.63B as predicted by 12 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to 5.64B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.69B and 4.85B respectively. In this case, analysts expect current quarter sales to grow by 20.02% and then jump by 16.31% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 2.26%. While earnings are projected to return 31.42% in 2025, the next five years will return 22.02% per annum.
SCHW Dividends
Charles Schwab Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Charles Schwab Corp is 1.02, with the dividend yield indicating at 1.21 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 122.21 million shares, is of VANGUARD GROUP INC’s that is approximately 6.6853% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $9.01 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Charles Schwab Corp (SCHW) shares are Dodge & Cox Funds-Dodge & Cox Stock Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Dec 31, 2024 indicates that Dodge & Cox Funds-Dodge & Cox Stock Fund owns about 60.29 shares. This amounts to just over 3.32 percent of the company’s overall shares, with a $5.06 billion market value. The same data shows that the other fund manager holds slightly less at 47.39, or about 2.61% of the stock, which is worth about $3.98 billion.
