Somewhat Positive News Coverage Somewhat Unlikely to Impact Charles Schwab (SCHW) Share Price

News coverage about Charles Schwab (NYSE:SCHW) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Charles Schwab earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.2723685963715 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

Charles Schwab (SCHW) traded down $0.04 on Wednesday, hitting $52.30. The stock had a trading volume of 5,896,557 shares, compared to its average volume of 7,920,000. The company has a market cap of $70,110.00, a price-to-earnings ratio of 33.10, a PEG ratio of 1.29 and a beta of 1.63. The company has a current ratio of 0.31, a quick ratio of 0.30 and a debt-to-equity ratio of 0.21. Charles Schwab has a 1-year low of $37.16 and a 1-year high of $56.25.

Charles Schwab (NYSE:SCHW) last issued its earnings results on Wednesday, January 17th. The financial services provider reported $0.44 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.41 by $0.03. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Charles Schwab had a return on equity of 16.31% and a net margin of 27.32%. Charles Schwab’s revenue was up 13.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.36 earnings per share. equities research analysts expect that Charles Schwab will post 2.39 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Friday, February 9th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Thursday, February 8th. This is a boost from Charles Schwab’s previous quarterly dividend of $0.08. Charles Schwab’s dividend payout ratio (DPR) is 25.32%.

A number of equities analysts have issued reports on SCHW shares. Deutsche Bank increased their price target on Charles Schwab from $46.00 to $47.00 and gave the company a “hold” rating in a research note on Wednesday, October 25th. Credit Suisse Group started coverage on Charles Schwab in a research note on Thursday, November 30th. They set an “outperform” rating and a $55.00 price target for the company. SunTrust Banks increased their price target on Charles Schwab to $56.00 and gave the company an “average” rating in a research note on Friday, December 15th. They noted that the move was a valuation call. JMP Securities lowered Charles Schwab from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 3rd. Finally, Wells Fargo & Co reissued a “market perform” rating and set a $55.00 price objective (up from $47.00) on shares of Charles Schwab in a research note on Thursday, January 4th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. Charles Schwab currently has a consensus rating of “Buy” and an average price target of $53.88.

In other news, Chairman Charles R. Schwab sold 211,620 shares of the firm’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $48.30, for a total value of $10,221,246.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Marie A. Chandoha sold 56,327 shares of the firm’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $45.86, for a total value of $2,583,156.22. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,723,394 shares of company stock valued at $89,004,177. 12.00% of the stock is currently owned by insiders.

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Charles Schwab Company Profile

The Charles Schwab Corporation (CSC) is a savings and loan holding company. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money management and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services.

Insider Buying and Selling by Quarter for Charles Schwab (NYSE:SCHW)

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