Key Points
- Insider sale: Charles Schwab General Counsel Peter Morgan III sold 7,595 shares at an average price of $104.38 for a total of $792,766.10, disclosed in an SEC filing.
- Dividend increase: Schwab raised its quarterly dividend to $0.32 (from $0.27), annualized $1.28 with a 1.2% yield; the ex-dividend date is Feb. 13 and the payment date is Feb. 27.
- Earnings and outlook: Schwab beat Q results with $1.39 EPS vs. $1.32 expected and $6.34B revenue, set FY2026 EPS guidance of 5.700–5.800, and carries a consensus analyst rating of "Moderate Buy" (target ~$115.65).
The Charles Schwab Corporation (NYSE:SCHW - Get Free Report) General Counsel Peter Morgan III sold 7,595 shares of the company's stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $104.38, for a total value of $792,766.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Charles Schwab Stock Down 1.3%
NYSE SCHW opened at $103.76 on Wednesday. The stock has a market capitalization of $184.37 billion, a P/E ratio of 22.27, a price-to-earnings-growth ratio of 0.85 and a beta of 0.94. The Charles Schwab Corporation has a 52 week low of $65.88 and a 52 week high of $105.81. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.58 and a current ratio of 0.58. The stock has a fifty day moving average of $99.58 and a 200-day moving average of $96.47.
Charles Schwab (NYSE:SCHW - Get Free Report) last posted its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.07. The business had revenue of $6.34 billion for the quarter, compared to analysts' expectations of $6.19 billion. Charles Schwab had a return on equity of 22.07% and a net margin of 37.01%.The firm's quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.01 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. On average, equities research analysts forecast that The Charles Schwab Corporation will post 4.22 EPS for the current year.
Charles Schwab Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from Charles Schwab's previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, February 13th. Charles Schwab's payout ratio is presently 23.18%.
Wall Street Analysts Forecast Growth
A number of analysts have commented on the stock. JMP Securities reaffirmed a "market outperform" rating and set a $110.00 target price on shares of Charles Schwab in a report on Friday, October 17th. TD Cowen lifted their price objective on Charles Schwab from $135.00 to $138.00 and gave the stock a "buy" rating in a research note on Thursday, January 22nd. Citigroup reissued a "market outperform" rating on shares of Charles Schwab in a research note on Monday, January 12th. UBS Group boosted their target price on Charles Schwab from $123.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, January 22nd. Finally, Citizens Jmp upped their price target on Charles Schwab from $110.00 to $120.00 and gave the company a "market outperform" rating in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Charles Schwab currently has a consensus rating of "Moderate Buy" and a consensus price target of $115.65.
Check Out Our Latest Stock Report on SCHW
Hedge Funds Weigh In On Charles Schwab
Institutional investors and hedge funds have recently modified their holdings of the business. Piscataqua Savings Bank bought a new position in Charles Schwab in the fourth quarter valued at approximately $26,000. Princeton Global Asset Management LLC acquired a new stake in shares of Charles Schwab during the second quarter worth $25,000. GoalVest Advisory LLC bought a new stake in Charles Schwab in the 4th quarter valued at $28,000. RMG Wealth Management LLC bought a new stake in Charles Schwab in the 2nd quarter valued at $27,000. Finally, West Branch Capital LLC acquired a new position in Charles Schwab in the 3rd quarter worth $27,000. 84.38% of the stock is currently owned by institutional investors and hedge funds.
About Charles Schwab
(
Get Free Report)
Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.
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