Currently, there are 1.78B common shares owned by the public and among those 1.68B shares have been available to trade.
The company’s stock has a 5-day price change of -2.87% and 6.89% over the past three months. SCHW shares are trading -2.26% year to date (YTD), with the 12-month market performance up to 10.85% higher. It has a 12-month low price of $59.67 and touched a high of $83.35 over the same period. SCHW has an average intraday trading volume of 7.95 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.85%, -6.32%, and 1.14% respectively.
Institutional ownership of Charles Schwab Corp (NYSE: SCHW) shares accounts for 84.19% of the company’s 1.78B shares outstanding.
It has a market capitalization of $132.42B and a beta (3y monthly) value of 0.98. The stock’s trailing 12-month PE ratio is 28.28, while the earnings-per-share (ttm) stands at $2.56. The company has a PEG of 1.65 and the debt-to-equity ratio at 1.18. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.62% over the week and 2.21% over the month.
Analysts forecast that Charles Schwab Corp (SCHW) will achieve an EPS of 0.91 for the current quarter, 0.91 for the next quarter and 3.97 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.85 while analysts give the company a high EPS estimate of 0.85. Comparatively, EPS for the current quarter was 0.68 a year ago. Earnings per share for the fiscal year are expected to increase by 0.89%, and 26.23% over the next financial year. EPS should grow at an annualized rate of 17.11% over the next five years, compared to 0.75% over the past 5-year period.
Looking at the support for the SCHW, a number of firms have released research notes about the stock. Barclays stated their Overweight rating for the stock in a research note on December 09, 2024, with the firm’s price target at $74-$95. Wells Fargo coverage for the Charles Schwab Corp (SCHW) stock in a research note released on September 12, 2024 offered a Equal Weight rating with a price target of $70. Piper Sandler was of a view on July 29, 2024 that the stock is Neutral, while TD Cowen gave the stock Hold rating on July 17, 2024, issuing a price target of $88- $71. Keefe Bruyette on their part issued Outperform rating on July 08, 2024.
