Date | Price Target | Rating | Analyst |
---|---|---|---|
9/12/2024 | $70.00 | Equal Weight | Wells Fargo |
7/29/2024 | $80.00 → $64.00 | Overweight → Neutral | Piper Sandler |
7/17/2024 | $88.00 → $71.00 | Buy → Hold | TD Cowen |
7/8/2024 | $76.00 → $84.00 | Mkt Perform → Outperform | Keefe Bruyette |
3/22/2024 | $87.00 | Market Perform → Outperform | TD Cowen |
1/18/2024 | $75.00 → $70.00 | Outperform → Mkt Perform | Keefe Bruyette |
1/10/2024 | $75.00 → $70.00 | Buy → Neutral | Citigroup |
1/4/2024 | $77.00 | Market Perform | TD Cowen |
4 - SCHWAB CHARLES CORP (0000316709) (Issuer)
4 - SCHWAB CHARLES CORP (0000316709) (Issuer)
Charles Schwab (NYSE:SCHW) has outperformed the market over the past 20 years by 2.35% on an annualized basis producing an average annual return of 10.62%. Currently, Charles Schwab has a market capitalization of $120.20 billion. Buying $100 In SCHW: If an investor had bought $100 of SCHW stock 20 years ago, it would be worth $748.75 today based on a price of $65.75 for SCHW at the time of writing. Charles Schwab's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated conten
Investors with a lot of money to spend have taken a bullish stance on Charles Schwab (NYSE:SCHW). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SCHW, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga's options scanner spotted 22 uncommon options trades for Charles Schwab. This isn't normal. The overall sentiment of these big-money traders is split between 45% bullish and 40%, bearish. Out of all of th
JMP Securities analyst Devin Ryan maintains Charles Schwab (NYSE:SCHW) with a Market Outperform and lowers the price target from $85 to $82.
The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of August 2024 include: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240916701159/en/ Core net new assets brought to the company by new and existing clients increased to $32.8 billion for the month, up from $4.9 billion in the prior year period. August 2023 asset gathering included the impact of the anticipated attrition ahead of our September 2023 client conversion weekend – the largest of the five total transition weekends. Total client assets equaled $9.74 trillion as of month-end August, up 20% from August 2023 and
Schwab clients were net sellers of equities overall and across the Communication Services, Health Care and Information Technology sectors in August; they net bought Consumer Discretionary and Energy The Schwab Trading Activity Index™ (STAX) decreased to 53.16 in August, down from its score of 54.81 in July. The only index of its kind, the STAX is a proprietary, behavior-based index that analyzes retail investor stock positions and trading activity from Schwab's millions of client accounts to illuminate what investors were actually doing and how they were positioned in the markets each month. This press release features multimedia. View the full release here: https://www.businesswire.com/ne
Inflation concerns decline nearly ten points from the second quarter Traders are feeling better about the markets than they have any time in the past two years with 56% reporting a bullish outlook for the next three months, up ten points from the second quarter. This is according to the latest Charles Schwab Trader Sentiment Survey, a quarterly survey that explores the outlooks, expectations, and perspectives of traders at Charles Schwab. Trader optimism extends beyond the short-term market outlook, with nearly six in ten traders feeling it is a good time to invest (up 11 points QoQ) and more than half saying they are better off financially compared to a year ago (up five points QoQ and
4 - SCHWAB CHARLES CORP (0000316709) (Issuer)
4 - SCHWAB CHARLES CORP (0000316709) (Issuer)
4 - SCHWAB CHARLES CORP (0000316709) (Issuer)
Wells Fargo initiated coverage of Charles Schwab with a rating of Equal Weight and set a new price target of $70.00
Piper Sandler downgraded Charles Schwab from Overweight to Neutral and set a new price target of $64.00 from $80.00 previously
TD Cowen downgraded Charles Schwab from Buy to Hold and set a new price target of $71.00 from $88.00 previously
10-Q - SCHWAB CHARLES CORP (0000316709) (Filer)
8-K - SCHWAB CHARLES CORP (0000316709) (Filer)
8-K - SCHWAB CHARLES CORP (0000316709) (Filer)
The Board of Directors of The Charles Schwab Corporation at its meeting today declared a regular quarterly cash dividend of $0.25 per common share. The dividend is payable August 23, 2024 to stockholders of record as of the close of business on August 9, 2024. In addition, the Board of Directors also declared dividends on the following series of outstanding preferred stock, payable September 3, 2024 to stockholders of record as of the close of business on August 19, 2024: Preferred Stock Series Dividend Per Share Dividend Per Depositary Share 5.95% Non-Cumulative Perpetual Preferred Stock, Series D Dividend Period: June 1, 2024-August 31, 2024 $14.88
Total Client Assets Reached A Record $9.4 Trillion, Up 17% Year-Over-Year Core Net New Assets Rose 17% to $61.2 Billion, Highlighting Continued Momentum The Charles Schwab Corporation reported net income for the second quarter totaling $1.3 billion, or $.66 diluted earnings per common share. Excluding $175 million of pre-tax transaction-related and restructuring costs, adjusted (1) net income and diluted common earnings per share equaled $1.5 billion and $.73, respectively. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240716776368/en/ Client Driven Growth +17% Core Net New Asset Growth Versus 2Q23 "Sch
The Charles Schwab Corporation (CSC or Schwab) announced today that it has received the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR). These results included the Federal Reserve's estimate of Schwab's minimum capital ratios under the supervisory severely adverse scenario for the nine-quarter horizon beginning December 31, 2023 and ending March 31, 2026. Based on these results, Schwab's calculated stress capital buffer (SCB) remains well below the 2.5% minimum, resulting in a SCB at that floor. This 2.5% SCB will continue to be applicable to Schwab for the four-quarter period beginning October 1, 2024. Schwab's Common Equity Tier 1 (CET1) ratio of 2
SC 13G/A - SCHWAB CHARLES CORP (0000316709) (Subject)
SC 13D/A - SCHWAB CHARLES CORP (0000316709) (Subject)
SC 13G/A - SCHWAB CHARLES CORP (0000316709) (Subject)
The Charles Schwab Corporation today announced its Board of Directors has approved the appointment of Carrie Schwab-Pomerantz as a director, effective immediately. Schwab-Pomerantz is currently a managing director at Charles Schwab & Co., leading the firm's efforts across financial literacy, community service and philanthropy. She is also a recognized personal finance expert and author, known for her popular investing advice column Ask Carrie. She originally joined the firm in 1983 and began her tenure in client-facing and product roles. She has served as Board Chair of the Charles Schwab Foundation since 2014 and as Board Chair of Schwab Charitable since 2012. She is Chair of the National
Bettinger to Share Board Leadership Responsibilities with Charles R. Schwab in Addition to Chief Executive Role The Charles Schwab Corporation today announced its board of directors has unanimously approved the appointment of Chief Executive Officer Walter W. Bettinger II as Co-Chairman of the Schwab Board of Directors, along with Founder and Co-Chairman Charles R. Schwab. In addition to becoming Co-Chairman for The Charles Schwab Corporation, Mr. Bettinger will become Co-Chairman of the boards of the firm's banking subsidiaries: Charles Schwab Bank, SSB (CSB); Charles Schwab Premier Bank, SSB (CSPB); and Charles Schwab Trust Bank (CSTB). These changes reflect Mr. Schwab's and the board's
The Board of Directors of The Charles Schwab Corporation announced today the appointment of Rick Wurster as President of The Charles Schwab Corporation, effective October 15, 2021. In his new role, Mr. Wurster will report to Walt Bettinger, Chief Executive Officer of The Charles Schwab Corporation. Mr. Wurster is currently a Managing Director and head of Schwab Asset Management. He joined Schwab in early 2016 and has worked closely with Mr. Bettinger and other Schwab executives over the past five years. Before joining Schwab, Mr. Wurster was employed at Wellington Management and McKinsey & Company. He has a Master of Business Administration from The Tuck School of Business at Dartmouth and