Citizens Jmp Reaffirms Market Outperform Rating for Charles Schwab (NYSE:SCHW)

Charles Schwab (NYSE:SCHW)‘s stock had its “market outperform” rating reiterated by research analysts at Citizens Jmp in a research note issued to investors on Friday, Benzinga reports. They presently have a $120.00 target price on the financial services provider’s stock. Citizens Jmp’s target price indicates a potential upside of 29.90% from the stock’s previous close.

Several other equities research analysts also recently weighed in on the stock. Argus raised their price target on shares of Charles Schwab from $108.00 to $114.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Wolfe Research reissued an “outperform” rating and set a $127.00 price target on shares of Charles Schwab in a research report on Tuesday, July 21st. Bank of America raised their price target on shares of Charles Schwab from $91.00 to $95.00 and gave the company an “underperform” rating in a research report on Monday, October 5th. Wells Fargo & Company set a $103.00 price target on shares of Charles Schwab and gave the company an “equal weight” rating in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Charles Schwab in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Charles Schwab has a consensus rating of “Moderate Buy” and a consensus target price of $118.95.

Charles Schwab Stock Down 1.9%

Shares of SCHW traded down $1.78 on Friday, hitting $92.38. 4,766,146 shares of the stock traded hands, compared to its average volume of 10,036,094. The company has a market capitalization of $159.76 billion, a PE ratio of 16.78, a P/E/G ratio of 0.82 and a beta of 0.79. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.64 and a current ratio of 0.64. The business has a 50 day simple moving average of $104.81 and a 200 day simple moving average of $98.19. Charles Schwab has a one year low of $83.96 and a one year high of $114.53.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings results on Thursday, October 15th. The financial services provider reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.03. The company had revenue of $7.17 billion during 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 quarterly revenue was up 16.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.31 earnings per share. As a group, equities analysts forecast that Charles Schwab will post 6.45 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Jonathan S. 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 value of $111,330.00. Following the completion of the sale, the insider owned 10,738 shares of the company’s stock, valued at $1,195,461.54. The trade was a 8.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Nigel J. 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 completion of the sale, the insider directly owned 57,972 shares of the company’s stock, valued at $6,319,527.72. The trade was a 29.94% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 645,582 shares of company stock valued at $69,553,935 over the last ninety days. 6.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Sheets Smith Wealth Management increased its stake in shares of Charles Schwab by 0.7% in the first quarter. Sheets Smith Wealth Management now owns 14,521 shares of the financial services provider’s stock valued at $1,365,000 after buying an additional 108 shares during the period. Peoples Bank KS increased its stake in shares of Charles Schwab by 2.7% in the second quarter. Peoples Bank KS now owns 4,331 shares of the financial services provider’s stock valued at $400,000 after buying an additional 113 shares during the period. Sweeney & Michel LLC increased its stake in shares of Charles Schwab by 1.6% in the first quarter. Sweeney & Michel LLC now owns 7,333 shares of the financial services provider’s stock valued at $710,000 after buying an additional 115 shares during the period. Crumly & Associates Inc. increased its stake in shares of Charles Schwab by 1.1% in the second quarter. Crumly & Associates Inc. now owns 10,479 shares of the financial services provider’s stock valued at $967,000 after buying an additional 115 shares during the period. Finally, Cypress Capital Group increased its stake in shares of Charles Schwab by 4.2% in the first quarter. Cypress Capital Group now owns 2,945 shares of the financial services provider’s stock valued at $277,000 after buying an additional 118 shares during the period. Hedge funds and other institutional investors own 84.38% of the company’s stock.

More Charles Schwab News

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

• Positive Sentiment: Schwab reported third-quarter adjusted EPS of $1.69, above the $1.66 consensus, while revenue rose 16.9% year over year to a record $7.17 billion. Net income reached approximately $2.9 billion. Schwab Q3 Earnings Beat Estimates
• Positive Sentiment: Core net new assets hit a record $190.4 billion, up 38% year over year, lifting total client assets to $13.33 trillion. Schwab also added about 1.2 million brokerage accounts, supporting future fee and interest revenue. Schwab Delivers Record Net New Assets and Earnings
• Positive Sentiment: Analysts remain broadly constructive. Citizens JMP reaffirmed a “market outperform” rating with a $120 price target, while other analysts largely maintained bullish views despite some target reductions. Analysts Revise Schwab Forecasts
• Positive Sentiment: Management highlighted rising trading activity, stronger lending and plans to expand cryptocurrency access, tax-aware products and AI-enabled tools such as Schwab’s “Charlie” assistant. These initiatives could broaden client engagement and revenue over time. Schwab CEO Sees Crypto as a New Revenue Engine
• Neutral Sentiment: Schwab is restricting unauthorized AI agents from accessing client accounts while developing controlled integrations. The move may reduce security risks but could limit near-term third-party AI adoption. Schwab Blocks Unauthorized AI Agents
• Negative Sentiment: Revenue fell slightly short of expectations, and Schwab indicated that 2026 revenue and net interest-margin growth could land at the lower end of its previous range. That softer outlook appears to be outweighing the EPS beat. Schwab Sees Growth at Lower End of Prior Range
• Negative Sentiment: Truist cut its price target, and valuation models have also been trimmed as investors question the durability of rapid client and asset growth. The result has been a negative market reaction even though the underlying quarter was strong. Schwab Price Target Cut by Truist

About Charles Schwab

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.