Charles Schwab FY2026 EPS Forecast Boosted by Zacks Research

The Charles Schwab Co. (NYSE:SCHW) – Research analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for shares of Charles Schwab in a note issued to investors on Tuesday, June 3rd. Zacks Research analyst R. Department now expects that the financial services provider will earn $4.80 per share for the year, up from their previous forecast of $4.79. The consensus estimate for Charles Schwab’s current full-year earnings is $4.22 per share. Zacks Research also issued estimates for Charles Schwab’s Q1 2027 earnings at $1.31 EPS.

Several other analysts also recently weighed in on SCHW. Wells Fargo & Company decreased their target price on Charles Schwab from $93.00 to $87.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. JMP Securities reiterated a “market outperform” rating and issued a $94.00 price objective on shares of Charles Schwab in a research report on Monday, April 21st. Piper Sandler raised their price objective on Charles Schwab from $74.00 to $80.00 in a research report on Thursday, April 17th. Keefe, Bruyette & Woods raised their target price on Charles Schwab from $90.00 to $93.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 22nd. Finally, Truist Financial raised their target price on Charles Schwab from $84.00 to $97.00 and gave the stock a “buy” rating in a research report on Thursday, May 15th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, Charles Schwab currently has an average rating of “Moderate Buy” and a consensus price target of $89.63.

Charles Schwab Price Performance

Shares of NYSE:SCHW opened at $88.25 on Friday. The business has a 50 day moving average price of $81.74 and a 200 day moving average price of $79.63. Charles Schwab has a twelve month low of $61.01 and a twelve month high of $89.85. The company has a market cap of $160.35 billion, a price-to-earnings ratio of 29.52, a PEG ratio of 0.99 and a beta of 0.94. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.59.

Charles Schwab (NYSE:SCHW) last announced its earnings results on Thursday, April 17th. The financial services provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.03. Charles Schwab had a return on equity of 18.20% and a net margin of 30.31%. The firm had revenue of $5.60 billion during the quarter, compared to the consensus estimate of $5.46 billion. During the same quarter in the prior year, the company earned $0.74 EPS.

Charles Schwab Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Friday, May 9th were paid a $0.27 dividend. The ex-dividend date of this dividend was Friday, May 9th. This represents a $1.08 annualized dividend and a dividend yield of 1.22%. Charles Schwab’s dividend payout ratio (DPR) is currently 32.73%.

Insider Activity

In other news, insider Paul V. Woolway sold 3,290 shares of Charles Schwab stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $87.68, for a total value of $288,467.20. Following the completion of the sale, the insider now directly owns 39,154 shares of the company’s stock, valued at approximately $3,433,022.72. This trade represents a 7.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frank C. Herringer sold 3,592 shares of Charles Schwab stock in a transaction on Monday, April 21st. The shares were sold at an average price of $74.26, for a total value of $266,741.92. Following the completion of the sale, the director now directly owns 172,162 shares of the company’s stock, valued at $12,784,750.12. This trade represents a 2.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 97,608 shares of company stock valued at $8,392,040. Company insiders own 6.30% of the company’s stock.

Institutional Investors Weigh In On Charles Schwab

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SCHW. Atwood & Palmer Inc. acquired a new position in Charles Schwab in the first quarter valued at about $25,000. Westside Investment Management Inc. boosted its position in shares of Charles Schwab by 75.0% during the first quarter. Westside Investment Management Inc. now owns 350 shares of the financial services provider’s stock worth $27,000 after buying an additional 150 shares during the period. CBIZ Investment Advisory Services LLC boosted its position in shares of Charles Schwab by 97.9% during the first quarter. CBIZ Investment Advisory Services LLC now owns 386 shares of the financial services provider’s stock worth $30,000 after buying an additional 191 shares during the period. Stone House Investment Management LLC acquired a new position in shares of Charles Schwab during the first quarter worth about $31,000. Finally, Activest Wealth Management boosted its position in shares of Charles Schwab by 6,650.0% during the first quarter. Activest Wealth Management now owns 405 shares of the financial services provider’s stock worth $32,000 after buying an additional 399 shares during the period. Institutional investors own 84.38% of the company’s stock.

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.