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NYSE: SCHW

How to Buy Schwab Charles Stock

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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 $80.25, up 0.07% from the previous day, and has decreased 1.17% in one year. It has overperformed other stocks in the Capital Markets industry by 0.14 percentage points. Schwab Charles stock is currently +35.21% from its 52-week low of $59.35, and -16.61% from its 52-week high of $96.24.

As of Dec 8, 2022, there are 1.87B SCHW shares outstanding. The market capitalization of SCHW is $149.81B. In the past 24 hours, 3.9M 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. It's the best place to buy SCHW stock.
  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.

How to Set Up a New Account on eToro

  1. Click here to get started.
  2. Provide your personal details to open your new trading account.
  1. Submit your information by clicking the "Create Account" button.
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Step 3: Put funds into your brokerage account

Watch this video walkthrough for more details transferring money into your brokerage account.

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Step 4: Research Schwab Charles stock

It's important to research stocks prior to investing, so you truly understand the risk and upside.

Schwab Charles shares at a glance

SCHW Price
$80.25
1w %
-1.81%
1y %
-1.17%
5y %
56.16%
P/E
24.24x
P/B
4.04x
P/S
7.58x
PEG
1.43x
Revenue
$19.97B
Earnings
$6.26B
Fore. Rev. Growth
7.89%
Fore. Earn. Growth
16.95%
Market Cap
$149.81B
Next Earnings
Jan 16, 2023
Next Dividend
N/A

SCHW Fundamentals

WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in less time.

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

How is SCHW stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge SCHW's intrinsic value.

Using relative valuations measures:

  • SCHW could be overvalued based on its P/E ratio of 24.24x, relative to Capital Markets industry P/E ratio of 17.7x
  • SCHW could be overvalued based on its P/B ratio of 4.04x, relative to Capital Markets industry P/B ratio of 1.76x
  • SCHW could be overvalued based on its PEG ratio of 1.43x

You can access additional valuation analysis on SCHW's stock here.

SCHW Financial Overview

Passed Health Checks:

  • SCHW profit margin has gone up from 27.6% to 31.4% in the past year.
  • SCHW earnings of $8.81B is not sufficient to cover its interest payments.
  • SCHW's operating cash flow of $9.80B allows it to safely service it's debt of $21.34B.

Failed Health Checks:

  • Total SCHW debt is higher than 5 years ago, relative to shareholder equity.
  • SCHW has a relatively high debt to equity ratio of 14.59.

Is SCHW stock a Buy, Hold, or Sell?

Out of 14 Wall Street analysts who give ratings on SCHW, the consensus analyst rating on SCHW is a Strong Buy

Should I buy or sell SCHW stock?

Based on 14 analysts offering ratings for Schwab Charles Corp.
Strong Buy
Strong Buy
9 analysts 64.29%
Buy
1 analysts 7.14%
Hold
4 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Latest SCHW Analyst Recommendations

Brian Bedell, a top 10% analyst from Deutsche Bank maintains SCHW with a strong buy rating and raises their SCHW price target from $100.00 to $101.00, on Nov 15, 2022.

Bedell nudged up his price target on The Charles Schwab Corporation by 1%.

The analyst reported that he updated his estimates for the names in his Financial Services coverage area midway through the Q4 reporting season.

Given the "strong equity market rebound in Q4," Bedell argued the sector has a "mostly upward bias."

Leading into the year-end, "he views the alternative managers as the best positioned for upside, especially longer-term, in spite of the recent strong rebound in the stocks," the analyst noted.

Charles Schwab shares have lost 7.41% of their value YTD against the S&P 500's 16.46% decline.

Bill Katz, a top 41% analyst from Credit Suisse downgrades SCHW to a hold rating and raises their SCHW price target from $80.00 to $84.00, on Nov 1, 2022.

Benjamin Budish, a top 26% analyst from Barclays maintains SCHW with a hold rating and raises their SCHW price target from $73.00 to $85.00, on Oct 28, 2022.

Michael Cyprys, a top 18% analyst from Morgan Stanley maintains SCHW with a strong buy rating and raises their SCHW price target from $99.00 to $104.00, on Oct 28, 2022.

Kenneth Worthington, a bottom 12% analyst from JP Morgan maintains SCHW with a strong buy rating and raises their SCHW price target from $92.00 to $102.00, on Oct 28, 2022.

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

SCHW Technical Indicators

SMA10
81.08
SMA20
80.02
SMA50
76.63
SMA100
73.77
SMA200
73.07
MACD
1.19
MACD Signal
1.47
MACD Histogram
-0.28
RSI
53.99
Stochastic %K
56.15
Stochastic %D
69.23
StochRSI %K
4.07
StochRSI %D
20.31

SCHW Earnings

Last year, SCHW earnings were $6.26B. Over the past 5 year, SCHW's earnings have increased by 15.94% per year. This was slower than the Capital Markets industry average of 23.3%.

Last year, SCHW revenue was $19.97B. During the past 5 year, SCHW's revenue has grown by 19.06% per year. This was faster than the Capital Markets industry average of 17.88%.

Learn more about SCHW's earnings and revenue performance here.

What are SCHW executives and large shareholders up to?

Over the past year, executives and large shareholders at SCHW have sold more shares than they have bought.

Charles R. Schwab, Co-Chairman of SCHW, was the latest SCHW insider to sell. They sold $3,829,702.58 worth of SCHW stock on Nov 18, 2022.

Learn more about who owns SCHW shares here.

Can I get consistent income from SCHW stock?

Schwab Charles pays a dividend of 1.32%, compared to the Capital Markets industry's average dividend yield of 3.69%. If you owned $1,000 worth of SCHW stock, you would have been paid $13.21 in the past year.

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

Get more info about Schwab Charles dividend yield and history here.

Get analysis from other traders

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your SCHW trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price limit, place a limit order.

Click the Open Trade button and eToro will execute the order.

If you want more info about buying stocks on eToro, click the how to video below:

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Step 6: Keep tabs on your SCHW position

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

Put SCHW on a watchlist to track your SCHW stock.

SCHW Feed

How to Buy Stock in Schwab Charles

To summarize, here are the 6 steps to buy stock in Schwab Charles:

  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 are looking for a online brokerage, eToro is our favorite option.

Get Started with eToro Today

If you would like to monitor your investment in Schwab Charles, create your watchlist below.

NYSE: SCHW
$80.25+0.06 (+0.07%)
Updated Dec 8, 2022
Open eToro Account
NYSE: SCHW
$80.25+0.06 (+0.07%)
Updated Dec 8, 2022
Open eToro Account

FAQ

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

As of Dec 8, 2022, it costs $80.25 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 0.125 shares of SCHW.

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Is now a good time to buy Schwab Charles stock?

According to 14 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?

The best way to buy Schwab Charles stock is within a brokerage account on eToro.
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.