Charles Schwab (SCHW) Projected to Post Earnings on Tuesday

Charles Schwab (NYSE:SCHW - Get Free Report) is anticipated to announce its earnings results before the market opens on Tuesday, January 21st. Analysts expect the company to announce earnings of $0.90 per share and revenue of $5,190,822.51 billion for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.

Charles Schwab Price Performance

SCHW traded up $1.02 on Friday, reaching $76.53. The company had a trading volume of 12,277,167 shares, compared to its average volume of 6,817,749. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.47 and a current ratio of 0.47. Charles Schwab has a 52-week low of $61.01 and a 52-week high of $83.35. The company has a market cap of $136.20 billion, a price-to-earnings ratio of 29.90, a P/E/G ratio of 1.19 and a beta of 0.99. The business has a 50 day simple moving average of $77.68 and a 200 day simple moving average of $70.63.

Charles Schwab Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend was Friday, November 8th. Charles Schwab's dividend payout ratio is currently 39.06%.

Insider Transactions at Charles Schwab

In other news, insider Jonathan S. Beatty sold 2,300 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $82.01, for a total value of $188,623.00. Following the completion of the transaction, the insider now owns 18,069 shares of the company's stock, valued at approximately $1,481,838.69. This represents a 11.29 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Nigel J. Murtagh sold 12,739 shares of Charles Schwab stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $81.17, for a total value of $1,034,024.63. Following the sale, the insider now owns 59,092 shares in the company, valued at $4,796,497.64. This represents a 17.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 26,823 shares of company stock worth $2,171,194. 6.60% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. StockNews.com upgraded Charles Schwab from a "sell" rating to a "hold" rating in a research report on Wednesday, October 16th. Bank of America decreased their price objective on Charles Schwab from $63.00 to $61.00 and set an "underperform" rating on the stock in a report on Wednesday, October 16th. Cowen upped their target price on Charles Schwab from $69.00 to $75.00 and gave the stock a "hold" rating in a research note on Tuesday, October 15th. JPMorgan Chase & Co. lifted their price target on shares of Charles Schwab from $87.00 to $93.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 7th. Finally, Wells Fargo & Company cut their price objective on shares of Charles Schwab from $90.00 to $89.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $81.41.

Charles Schwab Company Profile

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.