Skip to Content
Morningstar

Charles Schwab Corp SCHW

Morningstar Rating
Unlock
Stock XNYS Rating as of
$72.27 −0.07 (0.10%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Charles Schwab: Increasing Fair Value by 4%; Modest Business Changes Mentioned at Investor Day

Michael Wong

We're increasing our fair value estimate for Charles Schwab to $76 per share from $73. This implies a price/forward earnings multiple of about 21 times and price/book multiple of about 4.4 times. Of the $3 increase in our fair value estimate, approximately $1 was from earnings since our previous valuation update; the remaining $2 was from miscellaneous adjustments, such as increasing our forecasts for near-term interest rates and medium-term return on capital.

Read Full Report

Price vs Fair Value

View History
SCHW is trading at a 690% premium.
Price
$72.27
Fair Value
$17.00
Uncertainty
High
1-Star Price
$292.60
5-Star Price
$25.20
Economic Moat
Vmch
Capital Allocation
Qrqrcttqs

Bulls Say, Bears Say

Bulls

Charles Schwab is solidifying its position as a leader in investment services and may be able to expand into other financial services.

Bears

The potential for a lack of growth in low-cost deposits would be a negative for the firm.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if SCHW is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$72.34
Day Range
$72.17–73.09
52-Week Range
$48.66–79.49
Bid/Ask
$70.77 / $72.47
Market Cap
$132.12 Bil
Volume/Avg
6.2 Mil / 7.4 Mil

Key Statistics

Price/Earnings (Normalized)
24.53
Price/Sales
7.16
Dividend Yield (Trailing)
1.38%
Dividend Yield (Forward)
1.38%
Total Yield
1.38%

Company Profile

Charles Schwab operates in brokerage, wealth management, banking, and asset-management businesses. The company runs a large network of brick-and-mortar brokerage branch offices, a well-established online investing website, and has mobile trading capabilities. It also operates a bank and a proprietary asset management business and offers services to independent investment advisors. The company is among the largest firms in the investment business, with over $8 trillion of client assets at the end of December 2023. Nearly all of its revenue is from the United States.
Sector
Financial Services
Industry
Capital Markets
Stock Style Box
Large Core
Total Number of Employees
33,000
Website
https://www.aboutschwab.com

Competitors

Valuation

View More
Metric
SCHW
MS
LPLA
Price/Earnings (Normalized)
 24.5316.3718.47
Price/Book Value
 3.971.789.36
Price/Sales
 7.163.152.08
Price/Cash Flow
 17.5410.3612.88
Price/Earnings
SCHW
MS
LPLA

Financial Strength

Metric
SCHW
MS
LPLA
Quick Ratio
 ——1.01
Current Ratio
 ——1.71
Interest Coverage
 ——8.73
Quick Ratio
SCHW
MS
LPLA

Profitability

Metric
SCHW
MS
LPLA
Return on Assets (Normalized)
 1.08%1.02%11.95%
Return on Equity (Normalized)
 18.12%13.37%54.95%
Return on Invested Capital (Normalized)
 ——23.46%
Return on Assets
SCHW
MS
LPLA
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Capital Markets Industry Comparables

Screen in Investor
Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
MS
Morgan StanleyVykdghmshFdjzjq$160.8 Bil
GS
The Goldman Sachs Group IncSjzjdyyrZkpkv$148.7 Bil
RJF
Raymond James Financial IncHtnzpzbKrqq$25.6 Bil
TW
Tradeweb Markets IncYwybmblxkdVkwj$23.9 Bil
LPLA
LPL Financial Holdings IncHdfckdnxQwjwwvp$21.2 Bil
IBKR
Interactive Brokers Group Inc Class AMrhvpscQmtgyx$13.7 Bil
SF
Stifel Financial CorpTkxfzxxSst$8.3 Bil
MKTX
MarketAxess Holdings IncCrxpnnxggTqlq$8.1 Bil
EVR
Evercore Inc Class AHpwptkjkHlymt$7.9 Bil

Sponsor Center