The price of Charles Schwab Corp (NYSE:SCHW) shares last traded on Wall Street rose 1.42% to $70.04.
SCHW stock price is now -11.17% away from the 50-day moving average and -3.97% away from the 200-day moving average. The market capitalization of the company currently stands at $130.59B.
With the price target maintained at $102, Citigroup recently Upgraded its rating from Neutral to Buy for Charles Schwab Corp (NYSE: SCHW). On February 18, 2025, TD Cowen Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $88 to quote $103, while ‘Wells Fargo’ rates the stock as ‘Overweight’
In other news, Schwab-Pomerantz Carolyn, Director sold 24,000 shares of the company’s stock on Apr 03 ’25. The stock was sold for $1,798,473 at an average price of $74.94. Upon completion of the transaction, the Director now directly owns 505,729 shares in the company, valued at $35.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 03 ’25, Director Schwab-Pomerantz Carolyn bought 72,000 shares of the business’s stock. A total of $5,400,000 was incurred on buying the stock at an average price of $75.00. A total of 5.87% of the company’s stock is owned by insiders.
During the past 12 months, Charles Schwab Corp has had a low of $61.01 and a high of $84.50. According to the stock market information, the enterprise value for the company is $109904986112, which is based on a 23.45 price-to-earnings ratio, a 1.02 price-to-earnings-growth ratio, and a beta of 0.93. The fifty day moving average price for SCHW is $78.8498 and a two-hundred day moving average price translates $72.937 for the stock.
The latest earnings results from Charles Schwab Corp (NYSE: SCHW) was released for 2024-12-31. The net profit margin was 21.07% and return on equity was 13.30% for SCHW. The company reported revenue of $5.33 billion for the quarter, compared to $4.46 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.51 percent.
