The Charles Schwab Corp. (NYSE:SCHW) is scheduled to be issuing its Q316 quarterly earnings data on Monday, October 17th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $1.89 billion for the quarter.

The Charles Schwab Corp. (NYSE:SCHW) last announced its quarterly earnings results on Monday, July 18th. The company reported $0.30 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.30. The company had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.80 billion. The Charles Schwab Corp. had a net margin of 24.07% and a return on equity of 13.03%. The Charles Schwab Corp.’s revenue was up 16.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.25 EPS. On average, analysts expect The Charles Schwab Corp. to post $1.27 EPS for the current fiscal year and $1.53 EPS for the next fiscal year.

Earnings History for The Charles Schwab Corp. (NYSE:SCHW)

Shares of The Charles Schwab Corp. (NYSE:SCHW) opened at 31.43 on Friday. The company’s 50 day moving average is $31.18 and its 200-day moving average is $29.05. The Charles Schwab Corp. has a 52 week low of $21.51 and a 52 week high of $34.52. The stock has a market capitalization of $41.58 billion, a PE ratio of 27.09 and a beta of 1.55.

In related news, insider Marie A. Chandoha sold 6,076 shares of the business’s stock in a transaction on Tuesday, October 4th. The shares were sold at an average price of $32.00, for a total value of $194,432.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Terri R. Kallsen sold 6,894 shares of the business’s stock in a transaction on Friday, July 22nd. The stock was sold at an average price of $28.01, for a total transaction of $193,100.94. Following the completion of the sale, the executive vice president now owns 17,822 shares in the company, valued at approximately $499,194.22. The disclosure for this sale can be found here. 12.60% of the stock is currently owned by insiders.

A number of large investors have recently made changes to their positions in SCHW. Argent Trust Co boosted its position in The Charles Schwab Corp. by 43.8% in the second quarter. Argent Trust Co now owns 19,087 shares of the company’s stock worth $484,000 after buying an additional 5,818 shares during the period. American Century Companies Inc. boosted its position in The Charles Schwab Corp. by 5.6% in the second quarter. American Century Companies Inc. now owns 4,655,121 shares of the company’s stock worth $117,821,000 after buying an additional 245,192 shares during the period. GAM Holding AG boosted its position in The Charles Schwab Corp. by 2.3% in the second quarter. GAM Holding AG now owns 118,174 shares of the company’s stock worth $2,991,000 after buying an additional 2,643 shares during the period. Atlantic Trust Group LLC boosted its position in The Charles Schwab Corp. by 1.6% in the second quarter. Atlantic Trust Group LLC now owns 187,236 shares of the company’s stock worth $4,739,000 after buying an additional 2,882 shares during the period. Finally, HighTower Advisors LLC boosted its position in The Charles Schwab Corp. by 26.4% in the second quarter. HighTower Advisors LLC now owns 338,976 shares of the company’s stock worth $8,574,000 after buying an additional 70,848 shares during the period. Institutional investors own 76.45% of the company’s stock.

A number of analysts have weighed in on the stock. Credit Suisse Group AG restated a “buy” rating and set a $32.00 price objective on shares of The Charles Schwab Corp. in a research note on Monday. Credit Agricole SA raised their price objective on shares of The Charles Schwab Corp. from $31.00 to $34.00 and gave the company an “outperform” rating in a research note on Thursday, September 22nd. Jefferies Group raised their price objective on shares of The Charles Schwab Corp. from $34.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday. Deutsche Bank AG reduced their price objective on shares of The Charles Schwab Corp. from $35.00 to $33.00 and set a “buy” rating for the company in a research note on Thursday, June 16th. Finally, Zacks Investment Research upgraded shares of The Charles Schwab Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, August 16th. Five research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $33.15.

About The Charles Schwab Corp.

The Charles Schwab Corporation 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.

5 Day Chart for NYSE:SCHW

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