EPS for Charles Schwab Corp (SCHW) Expected At $0.41

September 17, 2017 - By Maria Brooks

 EPS for Charles Schwab Corp (SCHW) Expected At $0.41
Investors sentiment increased to 1.13 in 2016 Q4. Its up 0.08, from 1.05 in 2016Q3. It increased, 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.
Jefferies Group Inc Ltd Llc owns 19,265 shares. Eulav Asset Mngmt reported 0.53% stake. Thornburg Management Incorporated has 0.05% invested in Charles Schwab Corp (NYSE:SCHW) for 161,608 shares. 6,742 were reported by Valley National Advisers Inc. Blackrock Gp invested 0.26% of its portfolio in Charles Schwab Corp (NYSE:SCHW). Balyasny Asset Mgmt Ltd Liability Com has invested 0.01% of its portfolio in Charles Schwab Corp (NYSE:SCHW). Rbf Cap Limited Company holds 70,000 shares or 0.39% of its portfolio. Citigroup holds 0.02% in Charles Schwab Corp (NYSE:SCHW) or 529,101 shares. Huntington National Bank & Trust reported 3,957 shares. Horizon Kinetics Limited accumulated 11,368 shares. Sanctuary Wealth Ltd Liability Corp has invested 0.1% of its portfolio in Charles Schwab Corp (NYSE:SCHW). Moreover, Gotham Asset Management Ltd Llc has 0.02% invested in Charles Schwab Corp (NYSE:SCHW). Mig Limited Liability Com has 706,000 shares. Asset Corporation holds 1.23% of its portfolio in Charles Schwab Corp (NYSE:SCHW) for 155,500 shares. Price T Rowe Assoc Md invested in 0.27% or 34.28 million shares.

Investors wait Charles Schwab Corp (NYSE:SCHW) to report on October, 16. its quarterly earnings Wall Street analysts expect $0.41 earnings per share, up $0.07 or 20.59 % from last year’s $0.34 same quarter earnings. This translates into $549.08M profit for SCHW giving the stock a 24.52 P/E. This is assuming the current $0.41 EPS is accurate. Charles Schwab Corp’s Wall Street analysts see 5.13 % EPS growth, taking into account the $0.39 EPS reproted in the previous quarter, The stock increased 0.55% or $0.22 on September 15, reaching $40.21. About 14.22 million shares traded or 141.43% up from the average. Charles Schwab Corp (NYSE:SCHW) has risen 32.11% since September 17, 2016 and is uptrending. It has outperformed by 15.41% the S&P500.

Charles Schwab Corp (NYSE:SCHW) Ratings Coverage

Among 20 analysts covering Charles Schwab (NYSE:SCHW), 14 have Buy rating, 0 Sell and 6 Hold. Therefore 70% are positive. Charles Schwab had 64 analyst reports since August 11, 2015 according to SRatingsIntel. Keefe Bruyette & Woods initiated the shares of SCHW in report on Thursday, December 8 with “Outperform” rating. The rating was maintained by Wood on Friday, June 16 with “Buy”. The rating was maintained by Deutsche Bank on Wednesday, October 5 with “Buy”. Nomura downgraded the stock to “Hold” rating in Monday, July 24 report. The rating was downgraded by Instinet to “Neutral” on Monday, July 24. Deutsche Bank maintained the shares of SCHW in report on Friday, January 8 with “Buy” rating. Deutsche Bank maintained Charles Schwab Corp (NYSE:SCHW) on Thursday, June 16 with “Buy” rating. The stock of Charles Schwab Corp (NYSE:SCHW) has “Buy” rating given on Wednesday, March 23 by Argus Research. The rating was maintained by UBS on Friday, February 3 with “Buy”. Barclays Capital maintained it with “Overweight” rating and $35 target in Thursday, October 13 report.

The Charles Schwab Corporation is a savings and loan holding company. The company has market cap of $53.85 billion. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money management and financial advisory services. It has a 26.99 P/E ratio. The Firm provides financial services to individuals and institutional clients through two divisions: Investor Services and Advisor Services.

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.