FY2026 EPS Forecast for Charles Schwab Increased by Analyst

The Charles Schwab Corporation (NYSE:SCHW) – Stock analysts at Zacks Research lifted their FY2026 earnings per share estimates for shares of Charles Schwab in a research note issued on Thursday, September 4th. Zacks Research analyst Team now forecasts that the financial services provider will earn $5.28 per share for the year, up from their prior estimate of $5.27. The consensus estimate for Charles Schwab’s current full-year earnings is $4.22 per share. Zacks Research also issued estimates for Charles Schwab’s FY2027 earnings at $5.96 EPS.

Several other research firms have also recently weighed in on SCHW. Barclays increased their price objective on Charles Schwab from $106.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, July 18th. Morgan Stanley increased their price objective on Charles Schwab from $117.00 to $131.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Cowen reiterated a “buy” rating on shares of Charles Schwab in a research report on Tuesday, May 20th. Redburn Atlantic upgraded Charles Schwab from a “sell” rating to a “neutral” rating and increased their price objective for the stock from $65.00 to $82.00 in a research report on Monday, June 9th. Finally, William Blair cut Charles Schwab from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 3rd. Sixteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Charles Schwab currently has an average rating of “Moderate Buy” and a consensus price target of $99.60.

Charles Schwab Stock Down 5.7%

SCHW opened at $92.09 on Friday. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.47. The stock has a market cap of $167.15 billion, a PE ratio of 24.75, a price-to-earnings-growth ratio of 0.96 and a beta of 0.96. The stock’s fifty day simple moving average is $95.20 and its 200 day simple moving average is $86.32. Charles Schwab has a 1-year low of $61.16 and a 1-year high of $99.59.

Charles Schwab (NYSE:SCHW) last posted its quarterly earnings results on Friday, July 18th. The financial services provider reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.04. Charles Schwab had a return on equity of 19.30% and a net margin of 33.68%.The business had revenue of $5.85 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the prior year, the business earned $0.73 EPS. The firm’s revenue for the quarter was up 24.8% on a year-over-year basis.

Institutional Trading of Charles Schwab

Several large investors have recently bought and sold shares of SCHW. Norges Bank acquired a new stake in Charles Schwab in the second quarter valued at about $1,889,858,000. Vanguard Group Inc. boosted its stake in Charles Schwab by 15.4% in the first quarter. Vanguard Group Inc. now owns 148,395,252 shares of the financial services provider’s stock valued at $11,616,380,000 after buying an additional 19,817,022 shares in the last quarter. Wellington Management Group LLP boosted its stake in Charles Schwab by 595.7% in the first quarter. Wellington Management Group LLP now owns 15,488,777 shares of the financial services provider’s stock valued at $1,212,461,000 after buying an additional 13,262,309 shares in the last quarter. Primecap Management Co. CA boosted its stake in Charles Schwab by 229.3% in the first quarter. Primecap Management Co. CA now owns 14,002,078 shares of the financial services provider’s stock valued at $1,096,083,000 after buying an additional 9,749,728 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its stake in Charles Schwab by 12.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 82,048,984 shares of the financial services provider’s stock valued at $6,422,795,000 after buying an additional 8,954,248 shares in the last quarter. 84.38% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Charles Schwab

In related news, insider Nigel J. Murtagh sold 24,096 shares of the firm’s stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $97.91, for a total value of $2,359,239.36. Following the sale, the insider directly owned 58,999 shares of the company’s stock, valued at $5,776,592.09. This trade represents a 29.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Paul V. Woolway sold 3,205 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $95.20, for a total value of $305,116.00. Following the completion of the sale, the insider directly owned 37,983 shares in the company, valued at $3,615,981.60. This trade represents a 7.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 298,214 shares of company stock worth $29,022,580 in the last quarter. 6.30% of the stock is currently owned by corporate insiders.

Charles Schwab Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Friday, August 8th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, August 8th. Charles Schwab’s dividend payout ratio is 29.03%.

Charles Schwab announced that its board has authorized a stock repurchase plan on Thursday, July 24th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to purchase up to 11.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

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.