News articles about Charles Schwab (NYSE:SCHW) have been trending somewhat positive on Thursday, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Charles Schwab earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.4494000473323 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Sand Hill Global Advisors LLC Has $6.96 Million Position in Charles Schwab Corp (SCHW) (americanbankingnews.com)
- Trump Tariffs Could Spark Trade War With China (finance.yahoo.com)
- Maverick Capital Ltd. Purchases Shares of 3,150,359 Charles Schwab Corp (SCHW) (americanbankingnews.com)
- Charles Schwab Corp (SCHW) is Mitchell Capital Management Co.’s 10th Largest Position (americanbankingnews.com)
- Charles Schwab Corp (SCHW) Holdings Lowered by Dorsey & Whitney Trust CO LLC (americanbankingnews.com)
Shares of Charles Schwab (NYSE:SCHW) traded down $0.97 on Thursday, reaching $52.05. The company’s stock had a trading volume of 7,074,482 shares, compared to its average volume of 7,467,778. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.30 and a current ratio of 0.31. Charles Schwab has a one year low of $37.16 and a one year high of $56.25. The firm has a market capitalization of $69,780.00, a price-to-earnings ratio of 31.55, a P/E/G ratio of 1.32 and a beta of 1.63.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Friday, February 9th were issued a $0.10 dividend. This is a positive change from Charles Schwab’s previous quarterly dividend of $0.08. This represents a $0.40 annualized dividend and a yield of 0.77%. The ex-dividend date was Thursday, February 8th. Charles Schwab’s dividend payout ratio (DPR) is presently 24.24%.
Several research analysts recently weighed in on SCHW shares. Argus lifted their price target on Charles Schwab from $59.00 to $69.00 and gave the company a “buy” rating in a research report on Thursday, January 18th. Credit Suisse Group started coverage on Charles Schwab in a research report on Thursday, November 30th. They set an “outperform” rating and a $55.00 price target for the company. Zacks Investment Research upgraded Charles Schwab from a “hold” rating to a “strong-buy” rating and set a $60.00 price target for the company in a research report on Friday, January 5th. SunTrust Banks reiterated a “buy” rating and set a $63.00 price target (up from $56.00) on shares of Charles Schwab in a research report on Tuesday, December 26th. Finally, Citigroup reiterated a “buy” rating and set a $60.00 price target (up from $52.00) on shares of Charles Schwab in a research report on Tuesday, January 9th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $53.88.
In other news, insider Walter W. Bettinger sold 156,100 shares of Charles Schwab stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $50.05, for a total value of $7,812,805.00. Following the sale, the insider now directly owns 433,564 shares of the company’s stock, valued at $21,699,878.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Terri R. Kallsen sold 1,982 shares of Charles Schwab stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of $50.55, for a total value of $100,190.10. Following the completion of the sale, the executive vice president now directly owns 1,706 shares in the company, valued at $86,238.30. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,125,190 shares of company stock worth $60,456,240. 12.00% of the stock is owned by corporate insiders.
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Charles Schwab Company Profile
The Charles Schwab Corporation (CSC) is a savings and loan holding company. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money management and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services.
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