The Charles Schwab Corporation (SCHW) EPS Estimated At $0.63

September 16, 2018 - By Vernon Rice

The Charles Schwab Corporation (NYSE:SCHW) LogoInvestors sentiment increased to 1.11 in Q2 2018. Its up 0.24, from 0.87 in 2018Q1. It increased, as 46 investors sold The Charles Schwab Corporation shares while 307 reduced holdings. 93 funds opened positions while 300 raised stakes. 1.05 billion shares or 0.22% more from 1.05 billion shares in 2018Q1 were reported.
Citizens & Northern Corporation, Pennsylvania-based fund reported 48,054 shares. Commercial Bank Of Montreal Can has 0.04% invested in The Charles Schwab Corporation (NYSE:SCHW) for 1.05M shares. Odey Asset Mngmt Gru Ltd owns 19,216 shares or 0.17% of their US portfolio. Farmers And Merchants Invs Incorporated owns 675 shares. Hudock Grp Ltd Limited Liability Company reported 64 shares stake. Profund Advsr Limited holds 28,784 shares or 0.06% of its portfolio. Meridian reported 2.16% in The Charles Schwab Corporation (NYSE:SCHW). Balasa Dinverno & Foltz reported 0.08% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). The Tennessee-based Summit Asset Llc has invested 0.3% in The Charles Schwab Corporation (NYSE:SCHW). Sei has invested 0.15% in The Charles Schwab Corporation (NYSE:SCHW). Garde Cap has 0.04% invested in The Charles Schwab Corporation (NYSE:SCHW) for 5,022 shares. 39,635 were reported by Stonebridge Capital Advisors Ltd. Castleark Mngmt Llc owns 1.03M shares for 1.62% of their portfolio. State Of Alaska Department Of Revenue stated it has 0.17% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW). Riverpark Management Limited Liability Company holds 367,006 shares or 3.74% of its portfolio.

Since April 16, 2018, it had 0 buys, and 27 selling transactions for $194.43 million activity. Garfield David R also sold $2.13 million worth of The Charles Schwab Corporation (NYSE:SCHW) on Monday, May 7. Craig Jonathan M. sold 2,629 shares worth $136,984. Shares for $12.53 million were sold by SCHWAB CHARLES R. 100 shares were sold by Chandoha Marie A, worth $5,629. 15,718 shares valued at $803,823 were sold by DODDS CHRISTOPHER V on Thursday, August 16. $1.78 million worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by Clark Bernard J. on Tuesday, May 22.

Analysts expect The Charles Schwab Corporation (NYSE:SCHW) to report $0.63 EPS on October, 15.They anticipate $0.21 EPS change or 50.00 % from last quarter’s $0.42 EPS. SCHW’s profit would be $851.16M giving it 20.30 P/E if the $0.63 EPS is correct. After having $0.60 EPS previously, The Charles Schwab Corporation’s analysts see 5.00 % EPS growth. The stock increased 1.47% or $0.74 during the last trading session, reaching $51.16. About 4.53 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 27.28% since September 17, 2017 and is uptrending. It has outperformed by 11.66% the S&P500.

The Charles Schwab Corporation (NYSE:SCHW) Ratings Coverage

Among 9 analysts covering Charles Schwab (NYSE:SCHW), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Charles Schwab had 16 analyst reports since April 6, 2018 according to SRatingsIntel. The company was maintained on Monday, July 23 by Citigroup. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, April 17. Credit Suisse downgraded the stock to “Hold” rating in Thursday, June 21 report. The stock has “Overweight” rating by Morgan Stanley on Wednesday, July 25. Jefferies maintained The Charles Schwab Corporation (NYSE:SCHW) on Tuesday, April 10 with “Buy” rating. The stock of The Charles Schwab Corporation (NYSE:SCHW) earned “Buy” rating by Keefe Bruyette & Woods on Monday, April 16. On Wednesday, April 11 the stock rating was maintained by Credit Suisse with “Buy”. The rating was maintained by Wells Fargo with “Market Perform” on Wednesday, July 18. The rating was maintained by Deutsche Bank on Friday, April 6 with “Hold”. As per Friday, April 20, the company rating was maintained by Jefferies.

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 $69.12 billion. The firm operates through two divisions, Investor Services and Advisor Services. It has a 25.96 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.

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

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