Brokerages Set The Charles Schwab Corporation (NYSE:SCHW) Target Price at $112.24

The Charles Schwab Corporation (NYSE:SCHWGet Free Report) has received an average rating of “Moderate Buy” from the twenty-three brokerages that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, sixteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $114.45.

SCHW has been the topic of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on Charles Schwab from $119.00 to $121.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. JMP Securities reaffirmed a “market outperform” rating and set a $110.00 price target on shares of Charles Schwab in a report on Friday, October 17th. Barclays upped their price target on shares of Charles Schwab from $111.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, January 8th. The Goldman Sachs Group restated a “buy” rating and set a $114.00 price objective on shares of Charles Schwab in a research report on Friday, October 17th. Finally, UBS Group upped their target price on shares of Charles Schwab from $119.00 to $123.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th.

View Our Latest Report on Charles Schwab

Charles Schwab Trading Up 0.8%

Shares of SCHW stock opened at $101.84 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.58 and a quick ratio of 0.58. The company has a market cap of $180.96 billion, a price-to-earnings ratio of 23.85, a PEG ratio of 0.69 and a beta of 0.94. Charles Schwab has a 1 year low of $65.88 and a 1 year high of $104.98. The firm has a fifty day moving average price of $97.50 and a 200-day moving average price of $95.75.

Charles Schwab (NYSE:SCHWGet Free Report) last announced its 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 return on equity of 21.02% and a net margin of 35.93%.The company had revenue of $6.34 billion for the quarter, compared to analysts’ expectations of $6.19 billion. During the same period last year, the firm earned $1.01 EPS. 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. As a group, equities analysts predict that Charles Schwab will post 4.22 earnings per share for the current year.

Insider Buying and Selling at Charles Schwab

In other news, insider Jonathan S. Beatty sold 3,072 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $98.00, for a total value of $301,056.00. Following the completion of the transaction, the insider owned 11,923 shares of the company’s stock, valued at $1,168,454. This represents a 20.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 6.30% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Princeton Global Asset Management LLC acquired a new stake in Charles Schwab during the 2nd quarter worth about $25,000. Piscataqua Savings Bank purchased a new stake in shares of Charles Schwab in the fourth quarter worth about $26,000. West Branch Capital LLC acquired a new stake in Charles Schwab during the third quarter worth about $27,000. RMG Wealth Management LLC purchased a new position in Charles Schwab during the second quarter valued at approximately $27,000. Finally, GoalVest Advisory LLC purchased a new position in Charles Schwab during the fourth quarter valued at approximately $28,000. 84.38% of the stock is owned by hedge funds and other institutional investors.

Key Charles Schwab News

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About Charles Schwab

(Get Free Report)

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.

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