Charles Schwab Corp

Charles Schwab is one of America’s leading brokerages and one of the first online brokers to offer commission-free trades on stocks and ETFs. This leading financial stock is the nation’s largest publicly traded investment services firm, with close to $7.8 trillion in client assets. The brokerage also offers some of the cheapest and most efficient order executions on the market which allow it to draw in traders and investors alike.

$51.30
(as of Oct 3, 2023, 4:10 PM EST)

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Ticker Information for Charles Schwab Corp

Stock Price
$51.30
Ticker Symbol
SCHW
Exchange
NYSE

Industry Information for Charles Schwab Corp

Sector
Financial Services
Industry
Capital Markets

Company Description for Charles Schwab Corp

Country
USA
Full Time Employees
35,300

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. The company operates in two segments, Investor Services and Advisor Services. It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including certificates of deposit; third-party mutual funds through the Mutual Fund Marketplace and Mutual Fund OneSource service, as well as mutual fund trading and clearing services to broker-dealers; exchange-traded funds; advisory solutions for managed portfolios, separately managed accounts, customized personal advice for tailored portfolios, specialized planning, and full-time portfolio management; banking products comprising checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust custody services, personal trust reporting services, and administrative trustee services. It also provides digital retirement calculators; integrated web-, mobile-, and software-based trading platforms, real-time market data, options trading, premium research, and multi-channel access; self-service education and support tools; online research and analysis tools; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retirement plan services. The Company operates domestic branch offices in 48 states and the District of Columbia, as well as locations in Puerto Rico, the United Kingdom, Hong Kong, and Singapore. The Charles Schwab Corporation was founded in 1971 and is headquartered in Westlake, Texas.

Fundamentals for Charles Schwab Corp

Market Capitalization
$120,049,836,032
EBITDA
Dividends per Share
$0
P/E Ratio
19.17
Forward P/E Ratio
15.65
Earnings per Share
$3.44
Earnings per Share Estimate Next Year
$4.20
Profit Margin
Shares Outstanding
1,769,139,968
Percent Owned by Insiders
6.34%
Percent Owned by Institutions
84.45%
52-Week High
$85.91
52-Week Low
$44.76

Technical Indicators for Charles Schwab Corp

50-Day Moving Average
$56.97
200-Day Moving Average
$67.01
RSI
35.8
1.39

Analyst Ratings for Charles Schwab Corp

Strong Buy
10
Buy
7
Hold
2
Sell
1
Strong Sell
1

News About Charles Schwab Corp

Oct 3, 2023, 4:40 PM EST
Shares of Charles Schwab, LPL, Raymond James, and other wealth managers fell more than the broad market Tuesday. See more.
Oct 3, 2023, 11:07 AM EST
In an effort to streamline business operations, Ally Financial Inc. See more.
Oct 3, 2023, 9:56 AM EST
ETFs that pay rising dividends put the power of compounding into overdrive. See more.
Oct 3, 2023, 7:38 AM EST
Interactive Brokers Group, Inc. See more.
Sep 28, 2023, 6:48 PM EST
Charles Schwab SCHW announced the introduction of a digital inheritance center, which is an online hub that simplifies the management of inheritance tasks like opening accounts, submitting forms and receiving status updates. See more.

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