Charles Schwab (NYSE:SCHW) Earns Market Outperform Rating from Citizens Jmp

Charles Schwab (NYSE:SCHW)‘s stock had its “market outperform” rating reissued by equities researchers at Citizens Jmp in a report issued on Friday, Benzinga reports. They presently have a $120.00 price target on the financial services provider’s stock. Citizens Jmp’s price objective indicates a potential upside of 30.70% from the stock’s current price.

Other equities analysts have also recently issued research reports about the stock. Barclays decreased their price objective on shares of Charles Schwab from $118.00 to $115.00 and set an “overweight” rating on the stock in a research report on Friday. Compass Point initiated coverage on shares of Charles Schwab in a report on Monday, August 3rd. They set a “buy” rating and a $135.00 target price for the company. The Goldman Sachs Group reissued a “buy” rating and issued a $117.00 target price on shares of Charles Schwab in a research note on Friday. UBS Group cut their target price on Charles Schwab from $128.00 to $113.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. Finally, Truist Financial reduced their price target on Charles Schwab from $130.00 to $125.00 and set a “buy” rating on the stock in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $118.95.

Charles Schwab Trading Down 2.5%

Shares of Charles Schwab stock traded down $2.35 on Friday, hitting $91.81. The stock had a trading volume of 13,885,748 shares, compared to its average volume of 10,084,579. 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 one year low of $83.96 and a one year high of $114.53. The stock has a market cap of $158.77 billion, a price-to-earnings ratio of 16.69, a PEG ratio of 0.82 and a beta of 0.79. The stock’s 50-day simple moving average is $104.50 and its two-hundred day simple moving average is $98.15.

Charles Schwab (NYSE:SCHW) last issued its earnings results on Thursday, October 15th. The financial services provider reported $1.69 EPS for the quarter, topping the consensus estimate of $1.66 by $0.03. The company had revenue of $7.17 billion for the quarter, compared to the consensus estimate of $7.18 billion. Charles Schwab had a net margin of 38.79% and a return on equity of 24.53%. The firm’s revenue for the quarter was up 16.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.31 earnings per share. As a group, sell-side analysts predict that Charles Schwab will post 6.45 EPS for the current year.

Insider Activity at Charles Schwab

In other Charles Schwab news, insider Nigel J. Murtagh sold 32,947 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $104.01, for a total transaction of $3,426,817.47. Following the transaction, the insider owned 57,972 shares in the company, valued at approximately $6,029,667.72. This represents a 36.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Chairman Walter W. Bettinger sold 192,488 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $103.90, for a total value of $19,999,503.20. Following the completion of the transaction, the chairman directly owned 529,346 shares of the company’s stock, valued at $54,999,049.40. This represents a 26.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 645,582 shares of company stock valued at $69,553,935 over the last three months. Corporate insiders own 6.30% of the company’s stock.

Institutional Investors Weigh In On Charles Schwab

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SCHW. Invesco Ltd. boosted its holdings in shares of Charles Schwab by 3.0% during the 4th quarter. Invesco Ltd. now owns 16,425,579 shares of the financial services provider’s stock valued at $1,641,080,000 after buying an additional 484,558 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Charles Schwab by 22.9% in the 1st quarter. Bank of New York Mellon Corp now owns 16,162,082 shares of the financial services provider’s stock worth $1,518,913,000 after buying an additional 3,009,884 shares during the period. Bank of America Corp DE increased its stake in shares of Charles Schwab by 3.5% in the 1st quarter. Bank of America Corp DE now owns 15,623,030 shares of the financial services provider’s stock worth $1,468,252,000 after acquiring an additional 530,191 shares in the last quarter. Flossbach Von Storch SE bought a new position in shares of Charles Schwab in the 2nd quarter worth about $987,930,000. Finally, Dimensional Fund Advisors LP increased its stake in shares of Charles Schwab by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,742,934 shares of the financial services provider’s stock worth $539,705,000 after acquiring an additional 60,979 shares in the last quarter. 84.38% of the stock is owned by hedge funds and other institutional investors.

More 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

Charles Schwab Corporation (NYSE:SCHW) is a financial services company that provides brokerage, investment, banking and wealth management services to individual investors, employers, institutions and independent investment advisors. Its offerings include online and mobile trading, securities brokerage, retirement accounts, financial planning, portfolio management, banking products, research and access to mutual funds and exchange-traded funds.

The company operates through businesses including Schwab Brokerage, Schwab Wealth Advisory, Schwab Asset Management and Charles Schwab Bank.