Investors Take Note:
- Charles Schwab maintains its dividend payout with a forward yield of 1.36%.
- Analysts see a potential upside of approximately 10% based on current forecasts.
- The stock is rated "Outperform" by brokerage firms, indicating strong growth potential.
Charles Schwab Corporation (NYSE: SCHW) has declared a quarterly dividend of $0.27 per share, keeping its previous payout steady. Investors can expect the dividend on May 23, following an ex-dividend date of May 9. The announcement comes on the heels of a successful Q1 earnings report that surpassed market expectations.
Wall Street Analysts' Projections
According to forecasts from 19 analysts, Charles Schwab Corp (SCHW, Financial) has an average one-year price target of $87.32. Projections range from a high of $103.00 to a low of $65.00. This average target price suggests a potential upside of 10.00% from the current trading price of $79.38. For further insights, explore the detailed estimates on the Charles Schwab Corp (SCHW) Forecast page.
Brokerage Firms' Recommendations
Charles Schwab Corp's (SCHW, Financial) average brokerage recommendation, based on insights from 23 firms, stands at 2.0, denoting an "Outperform" status. The rating scale ranges from 1, indicating a Strong Buy, to 5, indicating a Sell, highlighting the stock's favorable outlook among analysts.
Understanding the GF Value
GuruFocus' estimates project the GF Value for Charles Schwab Corp (SCHW, Financial) to be $87.80 in the coming year. This represents a potential upside of 10.61% from the current share price of $79.38. The GF Value is an estimation of the fair trading value based on historical trading multiples, past business growth, and future performance expectations. For a comprehensive understanding, visit the Charles Schwab Corp (SCHW) Summary page.
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