Westlake, Texas-based The Charles Schwab Corporation (SCHW) operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company has a market cap of $170 billion, operates through the Investor Services and Advisor Services segments, and is expected to release its Q3 2026 earnings on Thursday, October 15, before the market opens.
Ahead of this event, analysts anticipate the company will generate earnings of $1.67 per share, representing an increase of 27.5% from $1.31 per share reported in the same quarter last year. The company has surpassed the Street’s bottom-line estimates in each of the past four quarters, which is impressive.
For fiscal 2026, analysts expect the company to report an EPS of $6.46, indicating a 32.7% rise from $4.87 reported in fiscal 2025. Moreover, its EPS is expected to rise nearly 21.2% year over year (YoY) to $7.83 in fiscal 2027.
SCHW stock has grown 1.5% over the past 52 weeks, underperforming the S&P 500 Index’s ($SPX) 15.7% rise but rallying State Street Financial Select Sector SPDR ETF’s (XLF) marginal rise during the same time frame.
SCHW pays an annual dividend of $1.28, with a dividend yield of 1.3%. The company has a robust history of paying dividends to its shareholders for 36 straight years. Despite looking lucrative from the get-go, this yield falls behind that of XLF, its industry anchor. In comparison, XLF pays a dividend of $0.83, with a yield of 1.52%. Despite being nearly double the share price of XLF, SCHW’s yield seems to be lagging behind the industry standard.
Analysts’ consensus opinion on the stock is moderately bullish, with a “Moderate Buy” rating overall. Among the 24 analysts covering the stock, 13 are recommending a “Strong Buy,” four advise a “Moderate Buy,” six suggest a “Hold,” and the remaining analyst gives a “Moderate Sell” for the stock. SCHW’s average analyst price target is $123.41, indicating an upside of 25.4% from the current levels.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.