Charles Schwab’s (SCHW) Market Outperform Rating Reiterated at Citizens Jmp

Citizens Jmp restated their market outperform rating on shares of Charles Schwab (NYSE:SCHW) in a report released on Friday morning,Benzinga reports. They currently have a $120.00 target price on the financial services provider’s stock.

Other equities analysts have also recently issued reports about the company. TD Cowen raised their price objective on Charles Schwab from $128.00 to $129.00 and gave the company a “buy” rating in a research note on Monday, October 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Charles Schwab in a research note on Wednesday, July 22nd. Barclays reduced their target price on shares of Charles Schwab from $118.00 to $115.00 and set an “overweight” rating for the company in a research note on Friday. Wells Fargo & Company lowered their target price on shares of Charles Schwab from $105.00 to $103.00 and set an “equal weight” rating for the company in a report on Friday. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $117.00 price target on shares of Charles Schwab in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Charles Schwab presently has an average rating of “Moderate Buy” and a consensus price target of $118.95.

Charles Schwab Stock Down 0.2%

SCHW stock opened at $91.81 on Friday. The firm has a market capitalization of $158.77 billion, a PE ratio of 15.67, a P/E/G ratio of 0.81 and a beta of 0.79. The company has a quick ratio of 0.64, a current ratio of 0.64 and a debt-to-equity ratio of 0.52. Charles Schwab has a twelve month low of $83.96 and a twelve month high of $114.53. The stock’s 50 day moving average is $104.50 and its 200-day moving average is $98.18.

Charles Schwab (NYSE:SCHW) last announced its earnings results on Thursday, October 15th. The financial services provider reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.66 by $0.03. Charles Schwab had a return on equity of 25.79% and a net margin of 39.33%. The company had revenue of $7.17 billion for the quarter, compared to analysts’ expectations of $7.18 billion. During the same quarter in the previous year, the firm earned $1.31 earnings per share. Charles Schwab’s quarterly revenue was up 16.9% on a year-over-year basis. Sell-side analysts expect that Charles Schwab will post 6.44 EPS for the current fiscal year.

Charles Schwab Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a $0.32 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. Charles Schwab’s dividend payout ratio is currently 21.84%.

Insider Activity at Charles Schwab

In related news, insider Jonathan Beatty sold 1,000 shares of Charles Schwab stock in a transaction on Monday, August 17th. The stock was sold at an average price of $111.33, for a total transaction of $111,330.00. Following the sale, the insider directly owned 10,738 shares in the company, valued at approximately $1,195,461.54. This trade represents a 8.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Nigel Murtagh sold 24,778 shares of Charles Schwab stock in a transaction on Monday, August 10th. The stock was sold at an average price of $109.01, for a total value of $2,701,049.78. Following the sale, the insider owned 57,972 shares in the company, valued at $6,319,527.72. This trade represents a 29.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 645,582 shares of company stock valued at $69,553,935 in the last ninety days. Insiders own 6.30% of the company’s stock.

Institutional Investors Weigh In On Charles Schwab

A number of hedge funds have recently made changes to their positions in SCHW. Compass Financial Management LLC purchased a new stake in shares of Charles Schwab in the 2nd quarter valued at $27,000. Scarborough Advisors LLC bought a new position in shares of Charles Schwab during the 1st quarter valued at $29,000. Main Street Group LTD purchased a new position in Charles Schwab in the 1st quarter worth $33,000. J.Safra Asset Management Corp purchased a new position in Charles Schwab in the 2nd quarter worth $39,000. Finally, Washington Trust Advisors Inc. raised its position in Charles Schwab by 118.0% in the 2nd quarter. Washington Trust Advisors Inc. now owns 447 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 242 shares during the period. 84.38% of the stock is currently owned by institutional investors.

Key Charles Schwab News

Here are the key news stories impacting Charles Schwab this week:

• Positive Sentiment: Schwab reported adjusted third-quarter EPS of $1.69, exceeding the $1.66 analyst consensus, while revenue rose 16.9% year over year to a record $7.17 billion. Net income increased 23% to approximately $2.91 billion. Charles Schwab Stock Is Falling Friday: What’s Going On?
• Positive Sentiment: Client momentum remained a major strength: core net new assets reached a record $190.4 billion, up 38% year over year, total client assets climbed to $13.33 trillion, and the company added roughly 1.2 million brokerage accounts. Higher trading activity, lending, and net interest revenue supported the quarter. Schwab Delivers Record Net New Assets & Earnings
• Positive Sentiment: Analysts remain broadly constructive. JPMorgan reaffirmed an “overweight” rating with a $147 price target, while Citizens JMP maintained “market outperform” with a $120 target. Schwab is also expanding AI tools, tax-aware products, cryptocurrency services, and prediction-market capabilities, potentially creating additional engagement and revenue opportunities.
• Neutral Sentiment: Management said clients using AI-enabled trading tools are holding more cash rather than withdrawing funds, which could support Schwab’s deposit and lending franchise. However, the long-term financial impact of these new products remains unproven.
• Negative Sentiment: Revenue of $7.17 billion was slightly below the approximately $7.18 billion consensus estimate. Analysts characterized the quarter as “somewhat low quality,” citing less impressive net-interest-revenue trends and the possibility that strong market activity, rather than purely organic improvement, drove results. Charles Schwab’s Q3 Print was Somewhat Low Quality
• Negative Sentiment: Schwab indicated that full-year 2026 revenue and net-interest-margin growth could land at the lower end of its previous ranges. Truist reduced its price target, and some investors appear to be taking profits after the stock’s earlier gains.

Charles Schwab Company Profile

The Charles Schwab Corporation (NYSE: SCHW) is a financial services company that provides investment, wealth management, banking and related services to individual investors, financial professionals and institutional clients. Through its brokerage business, Schwab offers trading and custody services for stocks, exchange-traded funds, mutual funds, options, fixed-income securities and other investments, along with retirement accounts and investment research tools.

The company also provides advisory and wealth management services, including managed portfolios, financial planning and support for registered investment advisors.