Charles Schwab Corporation (The) ($SCHW) Stock Forecast: Down 4.1% Today

What is Charles Schwab Corporation (The)?

SCHW is the stock symbol for Charles Schwab Corporation, a leading brokerage and banking company in the United States. The overall market sentiment has been bearish today.

Why is Charles Schwab Corporation (The) going down?

SCHW stock is down 4.1% on Jan 7, 2025 15:28

• The bearish movement in SCHW could be due to investors shifting their focus towards competitors like Interactive Brokers (IBKR) who reported a year-over-year increase in client DARTs in December. This may have led investors to believe that Interactive Brokers is gaining market share in the brokerage industry at the expense of Charles Schwab.
• The increase in client DARTs for Interactive Brokers could indicate a higher level of trading activity among their clients, potentially reflecting a more active market environment overall. This increased activity may have diverted trading volumes away from Charles Schwab, contributing to its bearish movement.
• Investors may be reevaluating their positions in Charles Schwab in light of the competitive landscape within the brokerage industry, leading to a sell-off of SCHW shares and driving the bearish market movement today.

SCHW Price Chart

SCHW Technical Analysis

SCHW News

Interactive Brokers Reports Y/Y Increase in December Client DARTs

IBKR posts an increase in total client DARTs in December 2024.

https://www.zacks.com/stock/news/2391415/interactive-brokers-reports-yy-increase-in-december-client-darts

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Charles Schwab Corporation (The) Price History

07.00.2025 - SCHW Stock was down 4.1%

• The bearish movement in SCHW could be due to investors shifting their focus towards competitors like Interactive Brokers (IBKR) who reported a year-over-year increase in client DARTs in December. This may have led investors to believe that Interactive Brokers is gaining market share in the brokerage industry at the expense of Charles Schwab.
• The increase in client DARTs for Interactive Brokers could indicate a higher level of trading activity among their clients, potentially reflecting a more active market environment overall. This increased activity may have diverted trading volumes away from Charles Schwab, contributing to its bearish movement.
• Investors may be reevaluating their positions in Charles Schwab in light of the competitive landscape within the brokerage industry, leading to a sell-off of SCHW shares and driving the bearish market movement today.

15.09.2024 - SCHW Stock was up 7.6%

• Charles Schwab reported impressive third-quarter results, with revenue reaching $4.85 billion, surpassing expectations and indicating strong financial performance.
• The company beat earnings and revenue estimates for the quarter, showcasing its ability to deliver solid financial results.
• Options trading trends also reflected a bullish sentiment towards Charles Schwab, with investors showing confidence in the company's future prospects.
• The stock's rise can also be attributed to the overall strength in the U.S. financial sector, driven by positive earnings reports from major institutions like JPMorgan Chase, Wells Fargo, and BlackRock.

15.09.2024 - SCHW Stock was up 6.4%

• Charles Schwab's stock surged today following its impressive Q3 earnings and revenue beat, showcasing robust financial performance.
• The company's ability to increase client assets to $9.92 trillion and surpass revenue expectations at $4.85 billion contributed to the positive market sentiment.
• Despite facing challenges such as higher funding costs and expenses, investors remained optimistic about Charles Schwab's growth prospects, driving the stock higher.
• The bullish options trading trends and analysts' positive insights further fueled the market's confidence in Charles Schwab's future performance, leading to the stock's bullish movement.

15.09.2024 - SCHW Stock was up 8.2%

• Charles Schwab reported impressive third-quarter results, with revenue exceeding expectations and reaching $4.85 billion, showcasing strong financial performance.
• The bullish options trading trends observed indicate a positive sentiment among investors towards Charles Schwab, potentially contributing to the stock's upward movement.
• The overall strength in the U.S. financial sector, driven by robust earnings reports from major institutions like JPMorgan Chase and Wells Fargo, likely provided a favorable market environment for Charles Schwab's stock.
• Despite a slight decline in net interest revenue, the company's ability to navigate challenges and leverage market volatility to support its earnings reflects resilience and strategic management, further boosting investor confidence in the stock.

06.10.2024 - SCHW Stock was up 5.2%

• Charles Schwab has consistently outperformed the market over the past two decades, showcasing an impressive average annual return of 10.07%.
• Positive news about Interactive Brokers reporting a year-over-year increase in client DARTs (Daily Average Revenue Trades) indicates a healthy trading environment and increased investor activity in the financial sector.
• The combination of Charles Schwab's strong historical performance and the overall growth in trading activities within the industry could have contributed to the bullish movement in SCHW stock today.

17.06.2024 - SCHW Stock was down 8.2%

• Despite Charles Schwab posting better-than-expected second-quarter results, including beating EPS estimates and record client assets, the stock saw a bearish movement possibly due to:
• Analysts cutting their forecasts on the company after the earnings report, which may have raised concerns among investors.
• The overall market sentiment, as indicated by the Dow Jones hitting a record high and the Russell 2000 closing higher for the fifth straight day, might have led to profit-taking in Schwab.
• The anticipation of September rate cuts and mixed results for Schwab in comparison to other financial companies could have contributed to the bearish movement in the stock.

17.06.2024 - SCHW Stock was down 10.2%

• Flat sales growth from Schwab disappointed investors, contributing to the bearish market sentiment.
• Analysts revising down their forecasts for Schwab post the second-quarter results likely influenced the negative market movement.
• Despite second-quarter results beating expectations, a slight decrease in adjusted net income and EPS raised concerns among investors.
• Despite the expectation of a positive impact on Schwab's stock performance from a potential boost in TD Bank Group's third-quarter financials, the stock did not reflect this today.

17.06.2024 - SCHW Stock was down 6.0%

• Today's bearish movement in SCHW stock can be attributed to several factors:
• Analysts cutting their forecasts on Charles Schwab after Q2 results, despite posting better-than-expected reported earnings, leading to negative investor sentiment.
• Flat sales growth reported by Schwab possibly disappointed investors seeking stronger revenue growth.
• The appointment of a new Chair-Elect at the CFP Board from Rise Growth Partners raised concerns about potential changes or strategies at Schwab.
• Anticipation of a positive impact on TD Bank Group's upcoming Q3 financials from Schwab earnings could have resulted in profit-taking or sector investment shifts, negatively affecting SCHW stock.

16.06.2024 - SCHW Stock was down 9.3%

• The stock of Charles Schwab declined as a result of the company's second-quarter financial performance where adjusted net income and EPS decreased compared to the previous year.
• While meeting earnings expectations, Charles Schwab fell short in various important metrics, leading to disappointment among investors.
• Decreased interest income negatively impacted the company's performance in Q2, affecting investor trust in the stock.
• The bearish trend could also be influenced by general market sentiment and investor interest shifting towards companies such as Match Group and UnitedHealth that reported favorable earnings outcomes.

16.06.2024 - SCHW Stock was down 7.7%

• Decline in adjusted net income and EPS for Q2 2024 fell short of expectations, leading to negative investor sentiment.
• Despite surpassing revenue expectations, SCHW's Q2 performance didn't impress investors, leading to a sharp decline in stock price.
• Disparity in stock performance between SCHW and peer BlackRock, along with worries about decreasing interest income, likely affected the bearish market movement of SCHW.
• Investors may be cautious about SCHW's future outlook, seeking more clarity on the company's financial performance and growth prospects before making investment decisions.

16.06.2024 - SCHW Stock was down 7.2%

• SCHW stock experienced a bearish movement likely due to the decrease in adjusted earnings reported for the second quarter of 2024.
• The stock trailing behind the S&P500 by 8% YTD may have also contributed to the negative market sentiment.
• The insider selling of stock by a Schwab executive could have raised concerns among investors, impacting the stock price negatively.
• Investors awaiting the earnings report were possibly disappointed by the modest increase in revenues and slower asset growth compared to expectations, leading to the bearish movement in the market.

14.07.2024 - SCHW Stock was up 5.2%

• Charles Schwab's strong bullish movement today can be attributed to its consistent outperformance in the market over the past 20 years, with an impressive average annual return of 9.63%.
• The announcement of awarding $10,000 scholarships to future RIA leaders showcases Schwab's commitment to nurturing talent in the industry, which could have boosted investor confidence in the company's future growth prospects.
• Being featured alongside other prominent financial firms like Interactive Brokers and LPL Financial may have also contributed to positive market sentiment towards Charles Schwab, highlighting its strong position in the industry.