News headlines about The Charles Schwab Corporation (NYSE:SCHW) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. The Charles Schwab Corporation earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.3562916416256 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern’s analysis:
- The Charles Schwab Corporation (NYSE:SCHW) Rating Reiterated by Instinet (topactu.net)
- Schwab (SCHW) Down 3.4% Since Earnings Report: Can It Rebound? (finance.yahoo.com)
- The Charles Schwab Corporation (SCHW) Insider Sells 9705 Shares of Stock – Newburgh Gazette (newburghgazette.com)
- Second Curve Capital Llc Buys Regional Management Corp, Bank of America Corporation, First … – Nasdaq (nasdaq.com)
- See what the IHS Markit Score report has to say about Charles Schwab Corp. (finance.yahoo.com)
The Charles Schwab Corporation (NYSE:SCHW) traded down 0.40% during mid-day trading on Friday, hitting $39.51. 6,571,943 shares of the stock were exchanged. The Charles Schwab Corporation has a 1-year low of $29.86 and a 1-year high of $44.10. The company has a market capitalization of $52.91 billion, a PE ratio of 26.52 and a beta of 1.63. The stock has a 50 day moving average price of $42.40 and a 200 day moving average price of $40.98.
The business also recently announced a quarterly dividend, which will be paid on Friday, August 25th. Shareholders of record on Friday, August 11th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend is Wednesday, August 9th. The Charles Schwab Corporation’s dividend payout ratio (DPR) is 21.48%.
A number of equities research analysts recently issued reports on the stock. Jefferies Group LLC reiterated a “buy” rating and set a $48.00 target price on shares of The Charles Schwab Corporation in a research report on Wednesday, May 31st. BidaskClub upgraded shares of The Charles Schwab Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, June 13th. Morgan Stanley reissued an “overweight” rating and set a $48.00 price objective (up previously from $45.00) on shares of The Charles Schwab Corporation in a report on Monday, July 10th. Wells Fargo & Company reissued a “market perform” rating and set a $44.00 price objective (up previously from $42.00) on shares of The Charles Schwab Corporation in a report on Monday, June 12th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $45.00 price objective (up previously from $44.00) on shares of The Charles Schwab Corporation in a report on Monday, May 15th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have given a buy rating to the company’s stock. The Charles Schwab Corporation presently has an average rating of “Buy” and an average price target of $44.00.
In other news, insider Marie A. Chandoha sold 7,002 shares of the company’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $41.96, for a total transaction of $293,803.92. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Joseph R. Martinetto sold 115,642 shares of the company’s stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $42.10, for a total value of $4,868,528.20. Following the transaction, the executive vice president now directly owns 210,868 shares in the company, valued at $8,877,542.80. The disclosure for this sale can be found here. Insiders sold 924,122 shares of company stock worth $39,694,987 over the last three months. Corporate insiders own 12.00% of the company’s stock.
About The Charles Schwab Corporation
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.
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