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How to Buy Schwab Charles Stock

Schwab Charles Corp

Schwab Charles is a capital market company located in California, United States, which is part of the Financial Services sector, and is traded under the ticker SCHW on the NYSE exchange.

Schwab Charles stock last closed at $70.62, down 0.68% from the previous day, and has increased 36.57% in one year. It has overperformed other stocks in the Capital Markets industry by 0.18 percentage points. Schwab Charles stock is currently +54.7% from its 52-week low of $45.65, and -3.22% from its 52-week high of $72.97.

As of Apr 11, 2024, there are 1.82B SCHW shares outstanding. The market capitalization of SCHW is $128.84B. In the past 24 hours, 5.82M SCHW shares were traded.

How to Buy Schwab Charles Stock

Not sure how to invest in Schwab Charles stock? Here's how.
  1. Figure out where to buy Schwab Charles stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Schwab Charles stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your brokerage account: Pick your method of payment and add your details.
  4. Research Schwab Charles stock: The Schwab Charles ticker symbol is SCHW. Is Schwab Charles stock a good investment? Should you buy shares of SCHW? How do SCHW's underlying business fundamentals look? Do top analysts think Schwab Charles is a good buy? Why has SCHW's stock price moved recently? (Hint: Our stock research tools can help you decide if SCHW is a good stock to buy).
  5. Make your SCHW trade: Decide if you will purchase SCHW shares at the current market price or use a limit order to buy SCHW stock at a particular price.
  6. Keep tabs on your SCHW position: Create a watchlist to get live updates on your new investment in Schwab Charles shares.

Step 1: Figure out where to buy Schwab Charles stock

You need an online brokerage account to access the NYSE market and buy SCHW shares.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected your brokerage, it's time to fill out some personal information so you can buy SCHW stock today.

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Step 3: Put funds into your brokerage account

Now that you have opened your account on one of the best stock apps, you can securely and quickly fund your account:

Check out the walkthrough below for more details transferring funds into your new brokerage account.

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Step 4: Research Schwab Charles stock

Once you have figured out the best place to buy Schwab Charles stock, it's crucial to research their stock before you buy, so you truly understand the risk as well as the opportunity.

Schwab Charles shares quick numbers

SCHW Price
$70.62
1w %
-1.02%
1y %
36.57%
5y %
59.56%
P/E
27.69x
P/B
3.15x
P/S
6.84x
PEG
0.46x
Revenue
$18.84B
Earnings
$4.65B
Fore. Rev. Growth
9.96%
Fore. Earn. Growth
59.77%
Market Cap
$128.84B
Next Earnings
Apr 15, 2024
Next Dividend
N/A

Schwab Charles Fundamentals

WallStreetZen was built to help average investors do more in-depth fundamental analysis.

You can see all of the due diligence checks on SCHW's stock page.

How is SCHW stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge SCHW's fair value.

Using relative valuations ratios:

  • SCHW could be overvalued based on its P/E ratio of 27.69x, relative to Capital Markets industry P/E ratio of 19.74x
  • SCHW could be overvalued based on its P/B ratio of 3.15x, relative to Capital Markets industry P/B ratio of 1.78x
  • SCHW may be undervalued based on its PEG ratio of 0.46x

You can do more valuation research on SCHW's stock here.

SCHW Financial Health Summary

Passed Health Checks:

  • SCHW earnings of $6.38B is not sufficient to cover its interest payments.
  • SCHW's operating cash flow of $19.59B allows it to safely service it's debt of $59.08B.
  • Total SCHW debt is lower than 5 years ago, relative to shareholder equity.

Failed Health Checks:

  • SCHW has a relatively high debt to equity ratio of 11.04.
  • SCHW profit margin has gone down from 32% to 24.7% in the past year.

Is it a good time to buy SCHW stock, according to analysts?

Out of 11 Equities analysts who monitor SCHW, the consensus analyst rating on SCHW is a Buy

It's important to note that analyst forecasts are not recommendations, nor are they financial advice.

Latest SCHW Analyst Forecasts

Bill Kirk, a bottom 10% analyst from TD Cowen upgrades SCHW to a buy rating and announces their SCHW price target of $87.00, on Mar 22, 2024.

Brian Bedell, a top 5% analyst from Deutsche Bank maintains SCHW with a strong buy rating and raises their SCHW price target from $75.00 to $77.00, on Mar 19, 2024.

Kyle Voigt, a bottom 6% analyst from Keefe, Bruyette & Woods downgrades SCHW to a hold rating and lowers their SCHW price target from $75.00 to $70.00, on Jan 18, 2024.

Patrick O'Shaughnessy, a top 15% analyst from Raymond James maintains SCHW with a buy rating and lowers their SCHW price target from $78.00 to $75.00, on Jan 18, 2024.

Alexander Blostein, a top 9% analyst from Goldman Sachs downgrades SCHW to a hold rating and announces their SCHW price target of $71.00, on Jan 3, 2024.

You can dig deeper into what analysts are projecting on the Schwab Charles stock forecast page.

Metrics for Advanced SCHW Traders

SMA10
71.72
SMA20
70.72
SMA50
67.19
SMA100
65.66
SMA200
61.66
MACD
1.22
MACD Signal
1.46
MACD Histogram
-0.24
RSI
54.71
Stochastic %K
49.88
Stochastic %D
69.03
StochRSI %K
10.9
StochRSI %D
25.92

SCHW Growth Metrics

Last year, SCHW earnings were $4.65B. Over the last 5 year, SCHW's earnings have gone up by 0.64% per year. This was slower than the Capital Markets industry average of 12.22%.

Last year, SCHW revenue was $18.84B. During the past 5 year, SCHW's revenue has grown by 13.2% per year. This was slower than the Capital Markets industry average of 13.29%.

Dive into SCHW's earnings and revenue performance here.

What are SCHW executives and large shareholders up to?

In the past year, insiders at SCHW have sold more shares than they have bought.

Stephen A. Ellis, Director of SCHW, was the latest SCHW insider to buy. They bought $59,429.25 worth of SCHW shares on Mar 26, 2024.

Dig into more about who owns SCHW shares here.

Can I get consistent income from SCHW stock?

Schwab Charles pays a dividend of 1.42%, compared to the Capital Markets industry's average dividend yield of 2.73%. If you owned $1,000 of SCHW stock, you would have been paid $14.16 in the past 12 months.

Schwab Charles dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about Schwab Charles dividend yield and history here.

What others are saying about SCHW

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Step 5: Make your SCHW trade

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.

Hit the Open button and your broker will execute the order.

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Step 6: Keep tabs on your SCHW position

Now that you own some shares in SCHW, you'll want to keep up with your new shares.

Start a watchlist to get notified of important updates regarding your SCHW stock.

SCHW Feed

How to Buy Stock in Schwab Charles

To reiterate, here are the 6 steps for buying Schwab Charles stock:

  1. Figure out where to buy Schwab Charles stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Research Schwab Charles stock
  5. Make your SCHW trade
  6. Keep tabs on your SCHW position

If you require a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your investment in Schwab Charles, create a watchlist on WallStreetZen today.

NYSE: SCHW
$70.62-0.48 (-0.68%)
Updated Apr 11, 2024
Open eToro Account
NYSE: SCHW
$70.62-0.48 (-0.68%)
Updated Apr 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Schwab Charles share?

As of Apr 11, 2024, it costs $70.62 to buy one share of Schwab Charles stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.142 shares of SCHW.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Schwab Charles stock?

According to 11 Wall Street analysts who monitor Schwab Charles, their consensus recommendation is to buy Schwab Charles stock.

What is the best way to buy Schwab Charles stock?

One way to place an order for Schwab Charles stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.