FY2026 EPS Forecast for Charles Schwab Increased by Analyst

The Charles Schwab Corporation (NYSE:SCHW) – Investment analysts at Zacks Research boosted their FY2026 earnings per share (EPS) estimates for shares of Charles Schwab in a research note issued on Thursday, September 4th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $5.28 per share for the year, up from their previous estimate of $5.27. The consensus estimate for Charles Schwab’s current full-year earnings is $4.22 per share. Zacks Research also issued estimates for Charles Schwab’s FY2027 earnings at $5.96 EPS.

Charles Schwab (NYSE:SCHW) last posted its earnings results on Friday, July 18th. The financial services provider reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.04. Charles Schwab had a return on equity of 19.30% and a net margin of 33.68%.The company had revenue of $5.85 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the previous year, the company earned $0.73 EPS. The company’s revenue for the quarter was up 24.8% compared to the same quarter last year.

Several other equities analysts have also issued reports on the company. Wells Fargo & Company set a $102.00 price objective on Charles Schwab and gave the company an “overweight” rating in a research report on Friday, July 18th. JMP Securities boosted their price objective on Charles Schwab from $106.00 to $110.00 and gave the company a “market outperform” rating in a research report on Monday, July 21st. TD Securities boosted their price objective on Charles Schwab from $95.00 to $113.00 and gave the company a “buy” rating in a research report on Tuesday, May 20th. Morgan Stanley boosted their price objective on Charles Schwab from $117.00 to $131.00 and gave the company an “overweight” rating in a research report on Tuesday, July 29th. Finally, Piper Sandler boosted their price objective on Charles Schwab from $80.00 to $92.00 and gave the company a “neutral” rating in a research report on Tuesday, July 15th. Sixteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $99.60.

Charles Schwab Price Performance

Shares of SCHW opened at $92.09 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.55 and a current ratio of 0.55. The stock has a 50 day simple moving average of $95.20 and a 200 day simple moving average of $86.32. Charles Schwab has a 52-week low of $61.16 and a 52-week high of $99.59. The firm has a market capitalization of $167.15 billion, a PE ratio of 24.75, a P/E/G ratio of 0.96 and a beta of 0.96.

Institutional Investors Weigh In On Charles Schwab

A number of institutional investors and hedge funds have recently made changes to their positions in SCHW. Brighton Jones LLC raised its stake in shares of Charles Schwab by 380.5% during the 4th quarter. Brighton Jones LLC now owns 24,240 shares of the financial services provider’s stock worth $1,794,000 after purchasing an additional 19,195 shares in the last quarter. Cary Street Partners Financial LLC bought a new stake in shares of Charles Schwab during the 4th quarter worth approximately $1,455,000. EP Wealth Advisors LLC raised its stake in shares of Charles Schwab by 44.6% during the 4th quarter. EP Wealth Advisors LLC now owns 38,564 shares of the financial services provider’s stock worth $2,854,000 after purchasing an additional 11,888 shares in the last quarter. Citizens Business Bank raised its stake in shares of Charles Schwab by 105.1% during the 4th quarter. Citizens Business Bank now owns 133,214 shares of the financial services provider’s stock worth $9,859,000 after purchasing an additional 68,266 shares in the last quarter. Finally, FWL Investment Management LLC raised its stake in Charles Schwab by 28.4% in the 4th quarter. FWL Investment Management LLC now owns 6,310 shares of the financial services provider’s stock valued at $467,000 after acquiring an additional 1,396 shares during the period. Institutional investors own 84.38% of the company’s stock.

Insider Activity

In other Charles Schwab news, Chairman Walter W. Bettinger sold 173,876 shares of the company’s stock in a transaction that occurred on Tuesday, July 29th. The stock was sold at an average price of $98.84, for a total transaction of $17,185,903.84. Following the completion of the transaction, the chairman owned 590,734 shares of the company’s stock, valued at $58,388,148.56. This represents a 22.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jonathan S. Beatty sold 6,144 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $96.81, for a total value of $594,800.64. Following the sale, the insider owned 11,923 shares in the company, valued at approximately $1,154,265.63. This represents a 34.01% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 298,214 shares of company stock worth $29,022,580. 6.30% of the stock is currently owned by insiders.

Charles Schwab announced that its board has authorized a share repurchase plan on Thursday, July 24th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to buy up to 11.6% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Charles Schwab Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Shareholders of record on Friday, August 8th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Friday, August 8th. This represents a $1.08 dividend on an annualized basis and a yield of 1.2%. Charles Schwab’s dividend payout ratio is 29.03%.

Charles Schwab Company Profile

The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services.