|Bid||0.00 x 4000|
|Ask||0.00 x 1000|
|Day's Range||45.18 - 45.55|
|52 Week Range||37.83 - 60.22|
|Beta (3Y Monthly)||1.05|
|PE Ratio (TTM)||17.55|
|Earnings Date||Apr 15, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||0.68 (1.59%)|
|1y Target Est||50.27|
The financial industry has engaged in significant lobbying on legislation that would revamp the U.S. retirement system, and it’s now sounding delighted about the bills that are making their way through Congress.
There’s been plenty of press lately regarding Schwab’s announcement to offer advisory services to consumers for $30 per month. There’s a buzz because this could potentially create competition with the very advisors that have fueled Schwab’s growth for almost three decades. The robo craze has made but a dent in the RIA industry, enhancing the practices of the few who have chosen to adopt, but primarily recirculating assets within Vanguard and Schwab’s own universes of assets.
Charles Schwab has been challenging the status quo in the financial services industry on behalf of investors since 1973. Now, as the title sponsor of the Charles Schwab Challenge — a PGA TOUR event that has challenged the world’s top shot-makers for 73 years — the company is celebrating that “challenger spirit” by unveiling a one-of-a-kind prize for the champion of this year’s event: a restored 1973 Dodge® Challenger. The car — a restomod “Schwab Challenger” that mixes a vintage body with modern comfort, performance and reliability — is covered in custom Glacier Blue paint, with one-off Schwab badging.
StockTwits — a social-media platform founded in 2008 as a venue for day traders to exchange ideas and musings — is set to kick off a free online brokerage unit, aimed at appealing to its current roster of approximately two million members, as well as luring millennials.
See the winners of IBD's seventh annual Best Online Stock Brokers survey, an online brokerage comparison in key categories, including low fees and options.
What are the best online brokers for ETFs? In IBD's Best Online Broker survey of 2019, more than ETF investors rated their brokers. This story looks at what made the top three stand out.
E*TRADE's (ETFC) first-quarter 2019 results reflect top-line strength, a benefit to provision for loan losses and lower expenses.
E-Trade Financial followed online broker rivals Interactive Brokers and Charles Schwab with strong earnings late Wednesday.
Interactive Brokers' (IBKR) first-quarter 2019 results benefit from higher revenues. However, higher expenses act as a headwind.
Charles Schwab earnings beat first-quarter estimates Monday, with rival online brokers set to follow. Charles Schwab stock fell.
was rising more than 1% Monday after the firm reported earnings that beat analysts' forecasts. The San Francisco-based company reported record net income of $964 million, or 69 cents per share, on revenue of $2.72 billion. "Over the past quarter, our Virtuous Cycle, driven by our 'Through Clients' Eyes' strategy, continued to attract client accounts and assets at a robust pace.
Shares of Charles Schwab Corp. jumped 3.9% in premarket trade Monday, after the discount broker reported a first-quarter profit and revenue that rose above expectations. Net income grew to $925 million, or 69 cents a share, from $746 million, or 55 cents a share, in the same period a year ago. The FactSet EPS consensus was 66 cents. Total revenue increased 14% to $2.72 billion, topping the FactSet consensus of $2.68 billion. New brokerage accounts total 386,000 during the quarter, and core net new assets rose 6% annualized to $51.7 billion. Total clients assets rose 8% to $3.59 trillion. Clients' daily average revenue trades fell 10% to 418,000 while asset-based trades rose 7% to 149,000. The stock has rallied 9.2% year to date, while the SPDR Financial Select Sector ETF has climbed 13.9% and the S&P 500 has hiked up 16.0%.
Investing.com - The Charles Schwab (NYSE:SCHW) reported first quarter earnings that Beat analysts' expectations on Monday and revenue that topped forecasts.
The leading wealth advisor and discount broker is rolling out a monthly subscription service, increasing the momentum of a widespread industry shift.
The Zacks Analyst Blog Highlights: McDonald's, Enterprise Products Partners, Charles Schwab, BB&T and Humana
The Charles Schwab Corporation announced today that it has scheduled a Spring Business Update for institutional investors on Friday, April 26th. This Update, which will be held via webcast, is part of an ongoing series designed to help the investment community keep abreast of recent developments and management’s strategic focus.
While higher client assets and rise in rates are likely to aid Schwab's (SCHW) interest revenues in the first quarter, lower volatility might hurt trading revenues to some extent.
Schwab (SCHW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Smart beta ETFs are outsmarting the broader market so far in 2019. Charles Schwab's Tony Davidow explains how they work.
ETFs are gaining popularity, and major Wall Street firms are seizing on the trend. Tony Davidow, VP of Alternative Beta & Asset Allocation Strategist at Charles Schwab, discusses the shift.