Analysts See $0.39 EPS for Charles Schwab Corp (SCHW)

June 19, 2017 - By Dolores Ford

 Analysts See $0.39 EPS for Charles Schwab Corp (SCHW)
Investors sentiment increased to 1.13 in Q4 2016. Its up 0.08, from 1.05 in 2016Q3. It improved, as 52 investors sold Charles Schwab Corp shares while 266 reduced holdings. 119 funds opened positions while 240 raised stakes. 1.02 billion shares or 2.31% more from 1.00 billion shares in 2016Q3 were reported.
Conning invested in 0.05% or 29,496 shares. Moreover, Marsico Capital Limited Com has 0.3% invested in Charles Schwab Corp (NYSE:SCHW) for 174,000 shares. Cwm Limited Liability invested 0% of its portfolio in Charles Schwab Corp (NYSE:SCHW). Contravisory Inv Mngmt holds 0% of its portfolio in Charles Schwab Corp (NYSE:SCHW) for 82 shares. First Personal Finance Svcs stated it has 0% of its portfolio in Charles Schwab Corp (NYSE:SCHW). Citizens And Northern has 42,854 shares. Cornerstone Cap holds 0.1% of its portfolio in Charles Schwab Corp (NYSE:SCHW) for 11,814 shares. Moreover, Chevy Chase has 0.32% invested in Charles Schwab Corp (NYSE:SCHW). Congress Asset Mgmt Ma has invested 0.01% in Charles Schwab Corp (NYSE:SCHW). Waddell Reed Financial has invested 0.33% of its portfolio in Charles Schwab Corp (NYSE:SCHW). Fiera holds 0% of its portfolio in Charles Schwab Corp (NYSE:SCHW) for 6,500 shares. Atalanta Sosnoff Capital Llc stated it has 0.53% in Charles Schwab Corp (NYSE:SCHW). New York-based Citigroup has invested 0.02% in Charles Schwab Corp (NYSE:SCHW). Hightower Limited Liability Corporation has invested 0.09% in Charles Schwab Corp (NYSE:SCHW). Torch Wealth Lc reported 58,375 shares stake.

Since December 20, 2016, it had 0 insider buys, and 19 sales for $104.22 million activity. Another trade for 15,688 shares valued at $642,228 was sold by Goldfarb Mark A. Shares for $1.55M were sold by Clark Bernard J. on Wednesday, March 1. Chandoha Marie A had sold 6,677 shares worth $280,639 on Tuesday, January 24. Bettinger Walter W had sold 325,000 shares worth $13.75M. SCHWAB CHARLES R sold $30.68 million worth of stock or 738,000 shares.

Analysts expect Charles Schwab Corp (NYSE:SCHW) to report $0.39 EPS on July, 17.They anticipate $0.09 EPS change or 30.00 % from last quarter’s $0.3 EPS. SCHW’s profit would be $519.04 million giving it 26.87 P/E if the $0.39 EPS is correct. After having $0.39 EPS previously, Charles Schwab Corp’s analysts see 0.00 % EPS growth. It closed at $41.92 lastly. It is down 32.11% since June 19, 2016 and is uptrending. It has outperformed by 15.41% the S&P500.

Charles Schwab Corp (NYSE:SCHW) Ratings Coverage

Among 18 analysts covering Charles Schwab (NYSE:SCHW), 16 have Buy rating, 0 Sell and 2 Hold. Therefore 89% are positive. Charles Schwab has $50 highest and $28 lowest target. $39.61’s average target is -5.51% below currents $41.92 stock price. Charles Schwab had 54 analyst reports since August 11, 2015 according to SRatingsIntel. Jefferies maintained Charles Schwab Corp (NYSE:SCHW) on Thursday, April 7 with “Buy” rating. The firm has “Buy” rating given on Wednesday, October 5 by Deutsche Bank. Nomura maintained Charles Schwab Corp (NYSE:SCHW) rating on Monday, July 11. Nomura has “Buy” rating and $31 target. Argus Research initiated it with “Buy” rating and $34 target in Wednesday, March 23 report. Deutsche Bank maintained Charles Schwab Corp (NYSE:SCHW) rating on Friday, May 27. Deutsche Bank has “Buy” rating and $35 target. Compass Point maintained the stock with “Neutral” rating in Friday, October 16 report. SunTrust upgraded Charles Schwab Corp (NYSE:SCHW) rating on Tuesday, October 18. SunTrust has “Buy” rating and $33 target. UBS maintained Charles Schwab Corp (NYSE:SCHW) rating on Friday, February 3. UBS has “Buy” rating and $44 target. The rating was maintained by Nomura on Monday, April 4 with “Buy”. Keefe Bruyette & Woods initiated Charles Schwab Corp (NYSE:SCHW) rating on Thursday, December 8. Keefe Bruyette & Woods has “Outperform” rating and $46 target.

The Charles Schwab Corporation is a savings and loan holding company. The company has market cap of $55.79 billion. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money management and financial advisory services. It has a 29.9 P/E ratio. The Firm provides financial services to individuals and institutional clients through two divisions: Investor Services and Advisor Services.

More news for Charles Schwab Corp (NYSE:SCHW) were recently published by: Reuters.com, which released: “BRIEF-Charles Schwab Corp reports Q1 net income of $564 million” on April 18, 2017. Pionline.com‘s article titled: “Charles Schwab shareholders approve proxy access” and published on May 23, 2017 is yet another important article.

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.