Charles Schwab Corporation which can be found using ticker (SCHW) have now 15 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 110 and 74 with the average target price sitting at $90.79. Given that the stocks previous close was at $58.70 this is indicating there is a potential upside of 54.7%. Also worth taking note is the 50 day moving average now sits at $78.58 and the 200 moving average now moves to $73.60. The market capitalization for the company is $94,939m. Company Website: https://www.schwab.com
The potential market cap would be $146,840m based on the market concensus.
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.
The company has a dividend yield of 1.5% with the ex dividend date set at 9-2-2023 (DMY).
Other points of data to note are a P/E ratio of 18.95, revenue per share of 11.01 and a 1.18% return on assets.
