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Sunday, December 3, 2023

Charles Schwab Corp. (SCHW) Is Not Likely To Be The Same Tomorrow

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Charles Schwab Corp. (SCHW) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.22, or -0.40%, to $55.40. The Charles Schwab Corp. has recorded 307,360 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Fixated on Fixed Income: Millennial ETF Investors Stand out From the Pack for Their Interest, Intentions and Investments in Fixed Income ETFs.

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Stocks Info

Charles Schwab Corp. is listed on the NYSE in the Financial sector while operating in the Capital Markets industry. At the end of the last regular session, the stock closed at $55.62 and fluctuated between $56.20 as its day high and $54.58 as its day low. The current market capitalization of Charles Schwab Corp. is $98.46B. A total of 10.56 million shares were traded on the day, compared to an average of 9.65M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, SCHW has seen 2 BUY and 3 SELL insider trades, representing the acquisition of 4,625 and the disposition of 119,487 shares. Over the last 12 months, there were 50 BUYs and 55 SELLs from insiders. Insiders purchased 1,352,122 shares during that period but sold 8,809,358.

In the most recent transaction, SNEED PAULA A sold 6,918 shares of SCHW for 49.98 per share on Oct 24. After the transaction, the Director now owns 112,398 company shares. In a previous transaction on Sep 18, Crawford Peter B. sold 3,792 shares at 57.31 per share. SCHW shares that Chief Financial Officer owns now total 44,725.

Among the insiders who sold shares, Morgan Peter J. III disposed of 8,000 shares on Aug 29 at a per-share price of $59.61. This resulted in the MD, General Counsel holding 8,014 shares of SCHW after the transaction. In another insider transaction, Ruffel Charles A. bought 833 shares at $60.55 per share on Aug 17. Company shares held by the Director now total 3,386.


The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Charles Schwab Corp. pays an annual dividend of $0.99, resulting in a dividend yield of 1.78%, and it has a price to earnings (P/E) ratio of 18.52. SCHW’s most recent ex-dividend date was 11/9/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 11/24/2023. Previously, the company paid the dividend on 8/25/2023 with an ex-dividend date of 8/10/2023. The SCHW stock dividend was $0.25 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for SCHW in the last 3 months, the mean price target is $68.33 with high estimates of $85.00 and low estimates of $52.00. In terms of 52-week highs and lows, SCHW has a high of $86.63 and a low of $45.00.

As of this writing, SCHW has an earnings estimate of $0.7 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $0.75 per share and a lower estimate of $0.63. The company reported an EPS of $0.75 in the last quarter, which was 5.60% higher than expectations of $0.71.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $15.80, while its Total Shareholder’s Equity was $56.26B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SCHW is Buy with a score of 4.40.

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