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 0.95% and 12.55% over the past three months. SCHW shares are trading 10.39% year to date (YTD), with the 12-month market performance up to 28.24% higher. It has a 12-month low price of $61.01 and touched a high of $83.35 over the same period. SCHW has an average intraday trading volume of 8.10 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 7.24%, 4.38%, and 13.68% respectively.
Institutional ownership of Charles Schwab Corp (NYSE: SCHW) shares accounts for 84.21% of the company’s 1.78B shares outstanding.
It has a market capitalization of $149.56B and a beta (3y monthly) value of 0.99. The stock’s trailing 12-month PE ratio is 27.35, while the earnings-per-share (ttm) stands at $2.99. The company has a PEG of 1.21 and the debt-to-equity ratio at 0.93. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.12% over the week and 2.20% over the month.
Earnings per share for the fiscal year are expected to increase by 29.03%, and 23.95% over the next financial year. EPS should grow at an annualized rate of 22.66% over the next five years, compared to 2.28% over the past 5-year period.
Looking at the support for the SCHW, a number of firms have released research notes about the stock. Wells Fargo stated their Overweight rating for the stock in a research note on January 22, 2025, with the firm’s price target at $89-$93. Barclays coverage for the Charles Schwab Corp (SCHW) stock in a research note released on December 09, 2024 offered a Overweight rating with a price target of $95. Wells Fargo was of a view on September 12, 2024 that the stock is Equal Weight, while Piper Sandler gave the stock Neutral rating on July 29, 2024, issuing a price target of $80- $64. TD Cowen on their part issued Hold rating on July 17, 2024.
