Zacks Research Research Analysts Cut Earnings Estimates for The Charles Schwab Co. (NYSE:SCHW)

The Charles Schwab Co. (NYSE:SCHW) – Stock analysts at Zacks Research decreased their Q2 2026 earnings per share estimates for Charles Schwab in a report released on Tuesday, September 17th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $1.15 for the quarter, down from their previous forecast of $1.19. The consensus estimate for Charles Schwab’s current full-year earnings is $3.05 per share. Zacks Research also issued estimates for Charles Schwab’s FY2026 earnings at $4.64 EPS.

Charles Schwab (NYSE:SCHW) last released its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.01. Charles Schwab had a return on equity of 18.14% and a net margin of 26.30%. The company had revenue of $4.69 billion for the quarter, compared to the consensus estimate of $4.68 billion. During the same quarter last year, the business posted $0.75 EPS. Charles Schwab’s revenue for the quarter was up .7% on a year-over-year basis.

A number of other research firms also recently weighed in on SCHW. TD Cowen restated a “hold” rating and issued a $71.00 price objective (down from $88.00) on shares of Charles Schwab in a report on Wednesday, July 17th. Wells Fargo & Company started coverage on Charles Schwab in a research report on Thursday, September 12th. They set an “equal weight” rating and a $70.00 price objective for the company. Morgan Stanley reduced their target price on Charles Schwab from $71.00 to $70.00 and set an “equal weight” rating on the stock in a report on Friday, August 16th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Charles Schwab from $79.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, August 15th. Finally, Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $80.00 price objective on shares of Charles Schwab in a research note on Thursday, August 22nd. Three analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $73.75.

Charles Schwab Stock Performance

NYSE:SCHW opened at $65.39 on Friday. The stock’s 50-day moving average is $64.28 and its 200-day moving average is $69.94. Charles Schwab has a 1-year low of $48.66 and a 1-year high of $79.49. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 0.65. The stock has a market cap of $116.29 billion, a P/E ratio of 27.36, a price-to-earnings-growth ratio of 1.19 and a beta of 0.97.

Institutional Investors Weigh In On Charles Schwab

Several institutional investors and hedge funds have recently added to or reduced their stakes in SCHW. Country Trust Bank purchased a new stake in shares of Charles Schwab during the second quarter valued at approximately $26,000. Fortitude Family Office LLC raised its stake in shares of Charles Schwab by 97.5% during the 2nd quarter. Fortitude Family Office LLC now owns 389 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 192 shares during the period. American Capital Advisory LLC purchased a new position in shares of Charles Schwab in the 2nd quarter worth about $27,000. CGC Financial Services LLC bought a new position in Charles Schwab during the second quarter valued at about $29,000. Finally, Mizuho Securities Co. Ltd. bought a new position in Charles Schwab during the second quarter valued at about $29,000. Hedge funds and other institutional investors own 84.38% of the company’s stock.

Insider Activity at Charles Schwab

In other Charles Schwab news, CEO Walter W. Bettinger bought 25,000 shares of the firm’s stock in a transaction dated Wednesday, July 17th. The stock was bought at an average cost of $66.26 per share, with a total value of $1,656,500.00. Following the completion of the transaction, the chief executive officer now directly owns 827,377 shares in the company, valued at approximately $54,822,000.02. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Jonathan S. Beatty sold 780 shares of the stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of $75.00, for a total value of $58,500.00. Following the completion of the sale, the insider now owns 18,069 shares in the company, valued at $1,355,175. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Walter W. Bettinger purchased 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 17th. The shares were purchased at an average price of $66.26 per share, for a total transaction of $1,656,500.00. Following the completion of the acquisition, the chief executive officer now owns 827,377 shares of the company’s stock, valued at approximately $54,822,000.02. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 99,636 shares of company stock valued at $6,457,104. 6.60% of the stock is owned by company insiders.

Charles Schwab Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Friday, August 9th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend was Friday, August 9th. Charles Schwab’s payout ratio is currently 41.84%.

About Charles Schwab

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.