The Charles Schwab Corporation (SCHW) Analysts See $0.59 EPS

June 14, 2018 - By Robert Crowder

The Charles Schwab Corporation (NYSE:SCHW) LogoInvestors sentiment decreased to 0.87 in Q1 2018. Its down 0.28, from 1.15 in 2017Q4. It worsened, as 55 investors sold The Charles Schwab Corporation shares while 335 reduced holdings. 81 funds opened positions while 258 raised stakes. 1.05 billion shares or 0.48% less from 1.05 billion shares in 2017Q4 were reported.
Strs Ohio reported 1.63 million shares. 4,884 are owned by Signaturefd Limited Company. Victory Mngmt reported 416,277 shares stake. Spo Advisory Corporation owns 8.09M shares or 8.69% of their US portfolio. The Minnesota-based Jnba Finance Advsr has invested 0.56% in The Charles Schwab Corporation (NYSE:SCHW). Bb&T accumulated 62,206 shares. Blackrock Incorporated holds 0.21% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW) for 85.59 million shares. Jacobs Ca, California-based fund reported 115,672 shares. Gamble Jones Counsel accumulated 37,884 shares. Cwm Ltd Liability Corporation has 0.19% invested in The Charles Schwab Corporation (NYSE:SCHW). Utd Fincl Advisers Lc invested 0.02% in The Charles Schwab Corporation (NYSE:SCHW). Mark Asset Mngmt holds 5,282 shares or 0.07% of its portfolio. Route One Invest Ltd Partnership accumulated 4.55M shares. Steinberg Asset owns 3,877 shares for 0.03% of their portfolio. Gemmer Asset Management Lc invested 0.61% in The Charles Schwab Corporation (NYSE:SCHW).

Since January 18, 2018, it had 0 insider buys, and 40 insider sales for $250.30 million activity. SCHWAB CHARLES R had sold 101,970 shares worth $6.03 million. Craig Jonathan M. had sold 8,046 shares worth $436,940. On Monday, February 26 Murtagh Nigel J sold $799,235 worth of The Charles Schwab Corporation (NYSE:SCHW) or 15,000 shares. 36,285 shares were sold by Kallsen Terri R, worth $2.03 million. On Monday, May 7 Garfield David R sold $2.13M worth of The Charles Schwab Corporation (NYSE:SCHW) or 37,330 shares. Bettinger Walter W sold $15.01M worth of The Charles Schwab Corporation (NYSE:SCHW) on Tuesday, May 22.

Analysts expect The Charles Schwab Corporation (NYSE:SCHW) to report $0.59 EPS on July, 17.They anticipate $0.20 EPS change or 51.28 % from last quarter’s $0.39 EPS. SCHW’s profit would be $796.03 million giving it 23.99 P/E if the $0.59 EPS is correct. After having $0.55 EPS previously, The Charles Schwab Corporation’s analysts see 7.27 % EPS growth. The stock decreased 1.31% or $0.75 during the last trading session, reaching $56.61. About 5.48 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 45.39% since June 15, 2017 and is uptrending. It has outperformed by 32.82% the S&P500.

The Charles Schwab Corporation (NYSE:SCHW) Ratings Coverage

Among 13 analysts covering Charles Schwab (NYSE:SCHW), 7 have Buy rating, 1 Sell and 5 Hold. Therefore 54% are positive. Charles Schwab had 29 analyst reports since December 21, 2017 according to SRatingsIntel. As per Wednesday, December 27, the company rating was maintained by Suntrust Robinson. On Wednesday, April 11 the stock rating was maintained by Credit Suisse with “Buy”. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Buy” rating given on Tuesday, December 26 by SunTrust. The stock of The Charles Schwab Corporation (NYSE:SCHW) earned “Buy” rating by Jefferies on Monday, January 8. The firm has “Hold” rating by Nomura given on Thursday, January 18. On Wednesday, February 7 the stock rating was maintained by Credit Suisse with “Outperform”. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, April 17 report. The firm has “Neutral” rating by Citigroup given on Monday, January 22. The firm earned “Buy” rating on Friday, April 20 by Jefferies. The rating was maintained by Jefferies on Tuesday, April 10 with “Buy”.

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company has market cap of $76.38 billion. The firm operates through two divisions, Investor Services and Advisor Services. It has a 31.96 P/E ratio. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; and stock plan services, compliance solutions, and mutual fund clearing services, as well as engages in the off-platform sales business.

More notable recent The Charles Schwab Corporation (NYSE:SCHW) news were published by: Seekingalpha.com which released: “Cisco Is A High Quality Stock – Cramer’s Lightning Round (6/8/18)” on June 11, 2018, also Seekingalpha.com with their article: “Schwab reports May total client assets $3.38T, up 2% from April” published on June 14, 2018, Bizjournals.com published: “Chuck Schwab on tax reform’s Bay Area impact: ‘A lot of companies will be moving their people out of here'” on May 16, 2018. More interesting news about The Charles Schwab Corporation (NYSE:SCHW) were released by: Streetinsider.com and their article: “Schwab (SCHW) May Total Clients Assets Increase 2% MoM” published on June 14, 2018 as well as Benzinga.com‘s news article titled: “The Week Ahead: Central Bank Bonanza, AT&T Court Ruling, North Korea Summit” with publication date: June 11, 2018.

The Charles Schwab Corporation (NYSE:SCHW) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.