The Charles Schwab Corporation Receives a Moderate Buy Analyst Consensus

The Charles Schwab Corporation (NYSE: SCHW), a prominent player in the financial services sector, has achieved a collective 'Moderate Buy' rating from analysts. Based on the scrutiny of sixteen research firms currently tracking SCHW, the consensus recommendation comes with diverse opinions: three analysts suggest a sell, two recommend holding, and eleven advocate for a buy.

Analyst Price Targets and Opinions

Analysts have put forth varying price objectives for SCHW over the past year, with an average target price of $69.44. Notable analytical reports include Jefferies Financial Group's price target decrease from $66.00 to $62.00, while Raymond James upped their target from $72.00 to $76.00, indicating an 'outperform' stance. Piper Sandler trimmed their goal from $86.00 down to $75.00 but kept an 'overweight' rating. In a more conservative move, Barclays raised their valuation from $55.00 to $57.00, tagging the stock as 'equal weight'. StockNews.com commenced coverage with a 'sell' rating.

Financial Performance Highlights

Charles Schwab's shares began at $68.96 on a recent trading day. The company's financial health is evidenced by its debt-to-equity ratio of 0.87 and liquidity ratios. Charles Schwab boasts a market capitalization of $122.18 billion, a P/E ratio of 22.99, and a beta of 0.99. Its 52-week share price fluctuated between $45.00 and $86.63, indicating some volatility.

In its latest earnings report, the company surpassed expectations slightly, posting earnings per share of $0.77 against a predicted $0.75. These results pointed to a net margin of 30.14% and an impressive 24.58% return on equity. Nonetheless, there was a 16.3% year-over-year revenue reduction to $4.61 billion. For the current fiscal year, analysts anticipate an EPS of 3.14 from Charles Schwab.

Dividend Announcement

Investors also received a quarterly dividend of $0.25 per share, leading to an annualized payout of $1.00 and a yield of 1.45%. Charles Schwab has maintained a dividend payout ratio of 33.33%.

Insider Activity

Securities filings indicate several transactions by company insiders, including sales by Director Paula A. Sneed and CFO Peter B. Crawford. These trades, part of regular insider activity, were disclosed as per regulatory requirements. Company insiders collectively own 6.60% of Charles Schwab stocks.

Institutional Investments

Charles Schwab has witnessed shifts in institutional investor shares, with some hedge funds and financial groups increasing or decreasing their stakes. Ownership statistics show that 81.61% of Charles Schwab's shares are held by institutional investors, highlighting substantial interest and investment by these entities.

About Charles Schwab

Known for its comprehensive financial offerings, The Charles Schwab Corporation operates through its subsidiaries, providing wealth management, brokerage, banking, asset management, custody, and financial advisory services across two primary segments: Investor Services and Advisor Services.

Analysts, Schwab, Stocks