Brokerages Set The Charles Schwab Corporation (NYSE:SCHW) PT at $115.95

The Charles Schwab Corporation (NYSE:SCHW) has earned a consensus recommendation of “Moderate Buy” from the twenty-two ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, fifteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $115.9474.

SCHW has been the topic of several recent research reports. Morgan Stanley raised their target price on shares of Charles Schwab from $139.00 to $148.00 and gave the stock an “overweight” rating in a report on Monday, December 22nd. Citizens Jmp boosted 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. Wolfe Research set a $120.00 price target on Charles Schwab in a research report on Monday, January 12th. Truist Financial raised their price objective on Charles Schwab from $120.00 to $122.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $114.00 price objective on shares of Charles Schwab in a report on Monday, January 5th.

Insider Buying and Selling at Charles Schwab

In other Charles Schwab news, insider Nigel J. Murtagh sold 7,203 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $94.61, for a total transaction of $681,475.83. Following the sale, the insider directly owned 57,972 shares in the company, valued at $5,484,730.92. This represents a 11.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Dennis Howard sold 10,108 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $94.60, for a total transaction of $956,216.80. Following the completion of the transaction, the insider directly owned 10,470 shares in the company, valued at approximately $990,462. This represents a 49.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 415,568 shares of company stock valued at $42,639,058 over the last three months. 6.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Dogwood Wealth Management LLC increased its stake in shares of Charles Schwab by 99.2% in the 4th quarter. Dogwood Wealth Management LLC now owns 247 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 123 shares during the last quarter. Piscataqua Savings Bank acquired a new position in shares of Charles Schwab during the 4th quarter worth $26,000. West Branch Capital LLC bought a new stake in shares of Charles Schwab during the 3rd quarter worth $27,000. GoalVest Advisory LLC bought a new stake in shares of Charles Schwab during the 4th quarter worth $28,000. Finally, Beacon Financial Strategies CORP acquired a new stake in Charles Schwab in the fourth quarter valued at about $29,000. 84.38% of the stock is owned by institutional investors.

Charles Schwab Stock Performance

Shares of Charles Schwab stock traded up $2.01 during trading on Friday, reaching $93.25. The company’s stock had a trading volume of 1,140,176 shares, compared to its average volume of 10,976,578. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.52. The business’s 50-day moving average price is $99.14 and its 200-day moving average price is $96.36. Charles Schwab has a 52 week low of $65.88 and a 52 week high of $107.50. The firm has a market cap of $163.38 billion, a PE ratio of 20.03, a P/E/G ratio of 0.75 and a beta of 0.93.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.07. Charles Schwab had a net margin of 37.01% and a return on equity of 21.97%. The business had revenue of $6.34 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same period last year, the firm earned $1.01 earnings per share. Charles Schwab’s revenue for the quarter was up 18.9% compared to the same quarter last year. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Equities analysts forecast that Charles Schwab will post 4.22 earnings per share for the current year.

Charles Schwab Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. This is a boost from Charles Schwab’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend was Friday, February 13th. Charles Schwab’s payout ratio is presently 27.47%.

Charles Schwab Company Profile

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.