옵션 체인은 다양한 행사가격과 만기일에 대한 Charles Schwab의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 Charles Schwab에 대한 시장 심리를 평가합니다..

Charles Schwab (NYSE:SCHW) 주식, 옵션 체인

Charles Schwab

Charles Schwab operates in brokerage, wealth management, banking, and asset management. It runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website, and it has mobile trading capabilities. It also operates a bank and a proprietary asset-management business and offers services to independent investment advisors. Schwab 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.

Bonds

Markets

CODQL

SCHW

TMUS

온라인 가구 소매업체인 웨이페어(NYSE:W)는 월요일 부채 일부를 상환하기 위해 7억 달러 규모의 보증부 채권을 발행한다고 발표했다. 이는 연방준비제도(연준)가 4년 만에 처음으로 금리를 인하한 지 일주일도 채 안 되어 다른 회사들의 채권 시장 진출에 합류한 것이다.

지난주 연준의 금리 인하 이후 기업들이 채권 시장으로 질주

News

Topics

Tech

시장 상황이 악화하는 가운데 월요일 오전(미 현지 시간 기준)에 다수의 온라인 중개 플랫폼이 기술적 문제를 겪었다. 무슨 일이 (What To Know): 다운디텍터닷컴(DownDetector.com)의 데이터에 따르면 찰스 슈왑(NYSE:SCHW), 뱅가드(Vanguard) 및 피델리티 내셔널 파이낸셜(NYSE:FNF)를 포함한 온라인 중개업체들은 수천 명의 사용자들에게 제대로 작동하지 않았다.

시장 붕괴의 심화로 슈왑, 뱅가드, 피델리티 등의 거래 플랫폼들에 기술적 문제 발생

Large Cap

Movers

General

AMAT

ASML

CDNS

LPLA

LRCX

ONTO

SMCI

이들 11개 대형주는 지난주 최악의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요?

AMD와 도미노피자는 지난주 최악의 성과를 보인 11개 대형주 중 일부 (7월 14일-7월 20일)

Charles Schwab Corporation (The) Common Stock

Charles Schwab Corp

CHARLES SCHWAB ORD

The Charles Schwab Corporation Depositary Shares each representing 1/40th interest in a share of 5.95% Non-Cumulative Perpetual Preferred Stock, Series D

The Charles Schwab Corporation Depositary Shares, Each Representing a 1/40th Interest in a Share of 4.450% Non-Cumulative Perpetual Preferred Stock, Series J

SCHWAB EMERGING MARKETS EQUITY ETF

Schwab 1-5 Year Corporate Bond ETF

Schwab 1000 Index ETF

Schwab 5-10 Year Corporate Bond ETF

Schwab Emerging Markets Equity ETF

Schwab Fundamental Emerging Markets Equity ETF

Schwab Fundamental International Equity ETF

Schwab Fundamental International Small Equity ETF

Schwab Fundamental U.S. Broad Market ETF

Schwab Fundamental U.S. Large Company ETF

Schwab Fundamental U.S. Small Company ETF

Schwab Intermediate-Term U.S. Treasury ETF

Schwab International Dividend Equity ETF

Schwab International Equity ETF

Schwab International Small-Cap Equity ETF

Schwab Long-Term U.S. Treasury ETF

Schwab Short-Term U.S. Treasury ETF

Schwab Strategic Trust Schwab Ariel ESG ETF

Schwab Strategic Trust Schwab Crypto Thematic ETF

Schwab Strategic Trust Schwab High Yield Bond ETF

Schwab Strategic Trust Schwab Municipal Bond ETF

Schwab Strategic Trust Schwab Ultra-Short Income ETF

Schwab U.S. Broad Market ETF

Schwab U.S. Large-Cap ETF

Schwab U.S. Large-Cap Growth ETF

Schwab U.S. Large-Cap Value ETF

Schwab U.S. Mid Cap ETF

Schwab U.S. REIT ETF

Schwab U.S. Small-Cap ETF

Schwab U.S. TIPs ETF

Schwab US Aggregate Bond ETF

Schwab US Dividend Equity ETF

SCHWEITER TECHS AG HORGEN by Schweiter Technologies AG Horgen

Schweiter Technologies AG

SCHWEIZERISCHE NATLBANK by Schweizerische Nationalbank

Schweizerische Nationalbank

Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) has outperformed the market over the past 20 years by 1.87% on an annualized basis producing an average annual return of 10.07%. Currently, Charles Schwab has a market capitalization of $129.11 billion. 
Buying $1000 In SCHW: If an investor had bought $1000 of SCHW stock 20 years ago, it would be worth $7,028.16 today based on a price of $70.58 for SCHW at the time of writing.
<h3>Charles Schwab's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730840466_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

Here's How Much $1000 Invested In Charles Schwab 20 Years Ago Would Be Worth Today

Macro Notification

Schwab Trading Activity Index (STAX) Rises To 48.37 In October Vs 47.10 In September

Editor&#8217;s note: This story has been updated with additional comment from a Charles Schwab executive. 
Charles Schwab Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) announced a significant expansion Wednesday of its 24-hour<a href="https://www.benzinga.com/pressreleases/24/10/b41623358/schwab-to-significantly-expand-its-24-hour-trading-capabilities-to-include-the-stocks-in-the-s-p-5"> trading capabilities. </a>
The Details: Schwab announced it will expand its 24-hour trading to include all of the stocks listed in the S&amp;P 500, Nasdaq-100 and hundreds of exchange-traded funds. The rollout will begin with a pilot group of clients in November and expand to full client access in 2025.
Schwab's clients currently have access to approximately two dozen ETFs in the overnight trading session, with expanded access coming to all clients in 2025. 
Read Next: <a href="https://www.benzinga.com/news/24/10/41489239/bank-of-america-ceo-cautions-fed-not-to-go-too-fast-or-too-slow-on-interest-rate-cuts">Bank Of America CEO Cautions Fed Not To &#8216;Go Too Fast Or Too Slow&#8217; On Interest Rate Cuts</a>
&#8220;More than six years after Ameritrade was the first U.S. retail broker-dealer to launch 24/5 trading on the thinkorswim platforms, we&#8217;re proud to see how the overnight market has evolved,&#8221; said James Kostulias, managing director and head of Trading Services at Charles Schwab. 
&#8220;Our goal has always been to offer and expand access to 24/5 trading in a responsible way that takes into account client demand, the evolving dynamics of the overnight trading market, and – importantly – providing clients with the full library of Schwab&#8217;s educational content and 24-hour support to help them balance the opportunities and risks, as well as the unique considerations of overnight trading,&#8221; Kostulias added. 
Schwab has seen growing customer demand for overnight trades, Kostulias said in an emailed statement to Benzinga, adding that almost 90% of active trader Schwab clients it surveyed want to access markets outside of standard hours. 
&#8220;In particular, many younger investors want frictionless opportunities to trade on real-time data and respond to market volatility, and we also see opportunity among our international client base,&#8221; he said. 
Schwab's move comes on the heels of an announcement from Intercontinental Exchange, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICE#NYSE">ICE</a>) that it will <a href="https://www.benzinga.com/markets/equities/24/10/41561907/nyse-to-extend-arca-exchange-trading-to-22-hours-per-day">expand trading</a> on the NYSE Arca equities exchange to 22 hours a day. Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) offers 24 hour trading of more than 1,000 tickers and recently announced<a href="https://www.benzinga.com/fintech/24/10/41371235/robinhood-announces-futures-trading-index-options-trading"> the launch </a>of futures trading and index options trading in a major expansion of its offerings. 
More Features: Schwab also highlighted some of its recently added features including analyst reports, new options chain settings and expanded charts and orders settings to its platforms. 
SCHW Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Charles Schwab shares are up 0.02% at $71.91 at the time of publication Wednesday.
Read Also:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41415824/lucid-ceo-peter-rawlinson-talks-saudi-investment-elon-musks-political-views-and-taking-business-from">Lucid CEO Peter Rawlinson Talks Saudi Investment, Elon Musk&#8217;s Political Views And Taking Business From Tesla</a></li>
</ul>
Image: Shutterstock&nbsp;

Fintech news covering the emerging Financial Technology services sector

Fintech

HOOD

Schwab Expands 24 Hour Trading To Include All Stocks In S&P 500, Nasdaq 100, Hundreds Of ETFs (UPDATED)

Schwab To Expand 24-Hour Trading Capabilities To Include S&P500, Nasdaq-100, Hundreds Of ETFs

<a href="https://www.benzinga.com/">Benzinga</a>, a leading voice in financial media for modern investors, has announced the finalists for its 10th annual <a href="https://www.benzinga.com/fintech-awards">Benzinga Global Fintech Awards</a>. 
Scheduled for Nov. 19 at the Convene Brookfield Place in New York City, this prominent awards ceremony will honor the <a href="https://www.benzinga.com/fintech-awards" target="_blank" rel="noopener">top innovators and disruptors</a> reshaping financial technology. With more than 25 categories in competition, the event highlights achievements in innovation, accessibility and positive industry impact, recognizing both companies and individuals at the forefront of fintech advancement.
Finalists, rigorously chosen by an expert panel, reflect fintech's potential to drive transformative change across the financial ecosystem. Key figures from diverse sectors, including renowned speakers Grant Cardone, Jan van Eck and Mario Nawfal, will add depth to the discussions and insights, enhancing the day's value for attendees.
&#8220;This year's finalists embody the transformative power of fintech innovation,&#8221; said Jason Raznick, co-founder of Benzinga. &#8220;We're excited to bring together the brightest minds in fintech and celebrate their contributions to the industry. With over $100 million worth of deals expected at this event, Fintech Deal Day 2024 is poised to be a transformative experience for all participants.&#8221;
Also Read: <a href="https://www.benzinga.com/fintech/24/10/41416146/exclusive-time-kills-all-deals-dealmakers-e-commerce-platform-keeps-investors-focused-and-capital-fl">EXCLUSIVE: &#8216;Time Kills All Deals&#8217; – DealMaker&#8217;s E-Commerce Platform Keeps Investors Focused And Capital Flowing</a>
The day promises discussions on the latest trends, networking opportunities and partnership potential. Attendees can expect thought-provoking talks from keynote speakers and countless moments of industry insight. 
Investors, fintech leaders and up-and-coming innovators alike will find a space to exchange ideas, explore groundbreaking projects and forge new collaborations.
<h2 class="wp-block-heading">2024 Benzinga Global Fintech Awards Finalist List</h2>
<h3 class="wp-block-heading">Best Alternative Investments Platform:</h3>
<ul>
<li>Groundfloor: Fractionalized Retail Investing</li>
<li>Titan</li>
<li>Yieldstreet</li>
<li>Alto</li>
<li>Arrived</li>
<li>iTrustCapital</li>
<li>Percent</li>
</ul>
<h3 class="wp-block-heading">Best API Solution:</h3>
<ul>
<li>DriveWealth</li>
<li>Autochartist Financial Market</li>
<li>Alpaca</li>
<li>TradeStation</li>
<li>Newsquawk</li>
<li>GTN</li>
<li>Interactive Brokers Group, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>)</li>
<li>Polygon.io</li>
</ul>
<h3 class="wp-block-heading">Best Automated Trading Software:</h3>
<ul>
<li>Tickblaze</li>
<li>Options Auto Trader</li>
<li>AlgoBulls</li>
</ul>
<h3 class="wp-block-heading">Best Broker for Sophisticated Traders:</h3>
<ul>
<li>Alpaca</li>
<li>TradeStation</li>
<li>Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>)</li>
<li>IBKR</li>
</ul>
<h3 class="wp-block-heading">Best Brokerage App:</h3>
<ul>
<li>TradeStation</li>
<li>Wolfpack Financial Inc</li>
<li>BBAE Pro</li>
<li>Webull</li>
<li>Charles Schwab</li>
<li>Moomoo</li>
</ul>
<h3 class="wp-block-heading">Best Brokerage for Beginners:</h3>
<ul>
<li>Firstrade Securities Inc</li>
<li>Gotrade</li>
<li>eToro</li>
<li>Stash</li>
<li>Plynk</li>
</ul>
<h3 class="wp-block-heading">Best Brokerage for Day Trading:</h3>
<ul>
<li>TradeUp</li>
<li>IBKR</li>
<li>Moomoo</li>
</ul>
<h3 class="wp-block-heading">Best Brokerage for Forex in the US:</h3>
<ul>
<li>Trading.com</li>
<li>IBKR</li>
</ul>
<h3 class="wp-block-heading">Best Brokerage for Options Trading:</h3>
<ul>
<li>Firstrade</li>
<li>Lightspeed Financial Services Group</li>
<li>IBKR</li>
</ul>
<h3 class="wp-block-heading">Best Brokerage for Short Selling:</h3>
<ul>
<li>TradeZero Holding Corp.</li>
<li>IBKR</li>
</ul>
<h3 class="wp-block-heading">Best Brokerage for Trading Futures:</h3>
<ul>
<li>NinjaTrader</li>
<li>EdgeClear</li>
<li>IBKR</li>
</ul>
<h3 class="wp-block-heading">Best Canadian Brokerage:</h3>
<ul>
<li>Qtrade Direct Investing</li>
<li>Questrade</li>
</ul>
<h3 class="wp-block-heading">Best Data Analysis Tool:</h3>
<ul>
<li>TradesViz</li>
<li>Stock Analysis</li>
<li>Lukka</li>
<li>Public Alpha</li>
<li>Northern Trust Investment Data Science – Equity Data Science</li>
<li>TradePulse</li>
<li>PitchBook</li>
</ul>
<h3 class="wp-block-heading">Best Day Trading Software:</h3>
<ul>
<li>Tickblaze</li>
<li>BigShort</li>
<li>IBKR</li>
</ul>
<h3 class="wp-block-heading">Best ETF Launch:</h3>
<ul>
<li>iShares Bitcoin Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>)</li>
<li>Xtrackers U.S. National Critical Technologies ETF (CRTC) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRTC#NYSE">CRTC</a>)</li>
</ul>
<h3 class="wp-block-heading">Best Financial Literacy Tool:</h3>
<ul>
<li>Pocketnest</li>
<li>SuperMoney</li>
<li>Origin</li>
<li>Financial Finesse</li>
<li>Plynk</li>
<li>MoneyLion Digital Financial Ecosystem</li>
<li>PitchBook</li>
</ul>
<h3 class="wp-block-heading">Best Financial Planning Software:</h3>
<ul>
<li>Asset-Map</li>
<li>Pocketnest</li>
<li>Origin</li>
<li>BrightPlan</li>
</ul>
<h3 class="wp-block-heading">Best Financial Research Company:</h3>
<ul>
<li>Danelfin</li>
<li>Toggle AI</li>
<li>EPSMomentum</li>
<li>Brightwave</li>
</ul>
<h3 class="wp-block-heading">Best in Financial Education:</h3>
<ul>
<li>TradeStation</li>
<li>Wolfpack Financial Inc</li>
<li>Origin</li>
<li>Musaffa</li>
<li>SuperMoney</li>
<li>Charles Schwab</li>
<li>IBKR</li>
<li>Moomoo</li>
<li>OIC</li>
</ul>
<h3 class="wp-block-heading">Best Insurtech Company:</h3>
<ul>
<li>Infineo</li>
<li>Insurify</li>
<li>Mylo</li>
</ul>
<h3 class="wp-block-heading">Best Investment Research Tech:</h3>
<ul>
<li>Stocknear</li>
<li>Outprfrm</li>
<li>Trading Central</li>
<li>InsiderEdge by BBAE</li>
</ul>
<h3 class="wp-block-heading">Best Lending Solution:</h3>
<ul>
<li>Wolfpack Financial Inc</li>
<li>PayJoy</li>
<li>Pagaya Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGY#NASDAQ">PGY</a>)</li>
<li>Consumer Lending &amp; P2P Fintech Pioneer: Prosper</li>
<li>Best Egg Flexible Rent</li>
</ul>
<h3 class="wp-block-heading">Best Matching Engine:</h3>
<ul>
<li>EP3 by Connamara Technologies</li>
<li>Devexperts' DXmatch</li>
</ul>
<h3 class="wp-block-heading">Best New Product:</h3>
<ul>
<li>Apex Ascend</li>
<li>WisdomTree Prime</li>
<li>SigFig</li>
<li>Origin</li>
<li>StockNanny</li>
<li>Daffy</li>
<li>11thEstate</li>
<li>SoFi Alternative Investments</li>
<li>Frec</li>
<li>RAFA.AI</li>
</ul>
<h3 class="wp-block-heading">Best Paper Trading Platform:</h3>
<ul>
<li>TradeZero Holding Corp.</li>
<li>AlgoBulls</li>
<li>Merlin Investor</li>
<li>Charles Schwab</li>
</ul>
<h3 class="wp-block-heading">Best Payments Solution:</h3>
<ul>
<li>Modern Treasury</li>
<li>DailyPay</li>
<li>Extend</li>
<li>Order.co</li>
<li>Ripple</li>
<li>Episode Six</li>
<li>Aeropay</li>
</ul>
<h3 class="wp-block-heading">Best Portfolio Tracker:</h3>
<ul>
<li>Ziggma</li>
<li>Delta Investment Tracker</li>
<li>Merlin Investor</li>
<li>TradeZella</li>
<li>IBKR</li>
</ul>
<h3 class="wp-block-heading">Best Prop Trading Platform:</h3>
<ul>
<li>IBKR</li>
</ul>
<h3 class="wp-block-heading">Best RegTech:</h3>
<ul>
<li>Green Check</li>
<li>LeapXpert</li>
<li>Kore</li>
</ul>
<h3 class="wp-block-heading">Best Robo-Advisor:</h3>
<ul>
<li>Titan</li>
<li>Wealthfront</li>
<li>Surmount</li>
</ul>
<h3 class="wp-block-heading">Best Social Investing Platform:</h3>
<ul>
<li>Parrot Finance</li>
<li>Traderverse</li>
<li>NVSTly</li>
</ul>
<h3 class="wp-block-heading">Best Software for Longterm Cryptocurrency Investments:</h3>
<ul>
<li>Devexperts' DXtrade</li>
<li>Path Crypto</li>
<li>iTrustCapital</li>
</ul>
<h3 class="wp-block-heading">Best Software for Swing Trading:</h3>
<ul>
<li>InsiderFinance</li>
<li>WealthCharts</li>
<li>Autochartist Automatic Trade Identification</li>
</ul>
<h3 class="wp-block-heading">Best Software for Trading Cryptocurrency:</h3>
<ul>
<li>Devexperts' DXtrade</li>
</ul>
<h3 class="wp-block-heading">Best Trading Technology:</h3>
<ul>
<li>DriveWealth</li>
<li>Tickblaze</li>
<li>Trading.com</li>
<li>Kaiju</li>
<li>IBKR</li>
</ul>
<h3 class="wp-block-heading">Best Venture Capital Firm:</h3>
<ul>
<li>Tribe Capital</li>
<li>BankTech Ventures</li>
</ul>
<h3 class="wp-block-heading">Breaking Barriers:</h3>
<ul>
<li>Kaiju</li>
<li>Gotrade</li>
<li>Apex Trader Funding</li>
<li>GTN</li>
<li>Northern Trust Investment Data Science – Equity Data Science</li>
</ul>
<h3 class="wp-block-heading">Emerging InsurTech:</h3>
<ul>
<li>Aspida</li>
<li>TruStage Payment Guard</li>
</ul>
<h3 class="wp-block-heading">Institutional Innovation:</h3>
<ul>
<li>Tipigo Insights</li>
<li>Quinn</li>
</ul>
<h3 class="wp-block-heading">Most Impactful Fintech Executive:</h3>
<ul>
<li>Michael Blaugrund</li>
<li>Liza Landsman</li>
<li>Matthew Watson</li>
<li>Bill Capuzzi</li>
<li>Anthony Denier</li>
</ul>
<h3 class="wp-block-heading">Most Innovative ETF Company:</h3>
<ul>
<li>StockSnips AI-Powered ETFs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEWZ#NASDAQ">NEWZ</a>)</li>
</ul>
<h3 class="wp-block-heading">Most Innovative in Capital Markets:</h3>
<ul>
<li>OpenYield</li>
<li>Wolfpack Financial Inc</li>
<li>LeapXpert</li>
<li>GTN</li>
<li>Northern Trust Integrated Trading Solutions (ITS)</li>
</ul>
With innovation driving unprecedented change in financial services,<a href="https://www.benzinga.com/fintech-awards"> Benzinga's Fintech Deal Day &amp; Awards</a> stands as a testament to the thriving fintech sector and the creative minds behind it. This year's gathering of industry leaders will undoubtedly showcase the powerful momentum and forward-thinking spirit that define fintech today.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/fintech/24/10/41435557/options-growth-among-retail-investors-absolutely-tremendous-cboe-global-president">Options Growth Among Retail Investors &#8216;Absolutely Tremendous&#8217;: Cboe Global President</a></li>
</ul>
Image: Benzinga

Exclusives

CRTC

IBIT

IBKR

NEWZ

Fintech's Finest: Benzinga Unveils 2024 Global Fintech Awards Finalists

In the preceding three months, 18 analysts have released ratings for Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>), presenting a wide array of perspectives from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Charles Schwab, revealing an average target of $73.28, a high estimate of $87.00, and a low estimate of $61.00. Observing a 0.05% increase, the current average has risen from the previous average price target of $73.24. 
<img src="https://www.benzinga.com/files/images/story/2024/1729800121_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
A comprehensive examination of how financial experts perceive Charles Schwab is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$74.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$74.00</td>
<td>$64.00</td>
</tr>
<tr>
<td>Craig Siegenthaler</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$61.00</td>
<td>$63.00</td>
</tr>
<tr>
<td>Kenneth Worthington</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$87.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Michael Brown</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$75.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$65.00</td>
<td>$64.00</td>
</tr>
<tr>
<td>Alexander Blostein</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Neutral</td>
<td>$74.00</td>
<td>$67.00</td>
</tr>
<tr>
<td>Kyle Voigt</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$81.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Devin Ryan</td>
<td>JMP Securities</td>
<td>Raises</td>
<td>Market Outperform</td>
<td>$84.00</td>
<td>$82.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$68.00</td>
<td>$70.00</td>
</tr>
<tr>
<td>Daniel Fannon</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$73.00</td>
<td>$79.00</td>
</tr>
<tr>
<td>Christopher Allen</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$72.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Alexander Blostein</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$67.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Michael Brown</td>
<td>Wells Fargo</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$70.00</td>
<td>-</td>
</tr>
<tr>
<td>Kyle Voigt</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$80.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$70.00</td>
<td>$71.00</td>
</tr>
<tr>
<td>Brian Bedell</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$80.00</td>
<td>$79.00</td>
</tr>
<tr>
<td>Patrick Moley</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$64.00</td>
<td>$80.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Charles Schwab. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Charles Schwab compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Charles Schwab's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Charles Schwab's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SCHW/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Charles Schwab analyst ratings.</a>
<h2>About Charles Schwab</h2>
Charles Schwab operates in brokerage, wealth management, banking, and asset management. It runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website, and it has mobile trading capabilities. It also operates a bank and a proprietary asset-management business and offers services to independent investment advisors. Schwab 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.
<h3>Key Indicators: Charles Schwab's Financial Health</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Charles Schwab's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 3.35%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 26.8%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Charles Schwab's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 3.17%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.28%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.7, Charles Schwab adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Analyst Ratings: What Are They?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

In-Depth Examination Of 18 Analyst Recommendations For Charles Schwab

Morgan Stanley analyst Michael Cyprys maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Equal-Weight and raises the price target from $68 to $74.

Price Target

Morgan Stanley Maintains Equal-Weight on Charles Schwab, Raises Price Target to $74

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$190.00</td>
<td>$42.2K</td>
<td>3.3K</td>
<td>6.9K</td>
</tr>
<tr>
<td>GS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$490.00</td>
<td>$49.3K</td>
<td>259</td>
<td>1.0K</td>
</tr>
<tr>
<td>YRD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$5.00</td>
<td>$47.7K</td>
<td>893</td>
<td>555</td>
</tr>
<tr>
<td>LC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$12.00</td>
<td>$31.0K</td>
<td>9</td>
<td>198</td>
</tr>
<tr>
<td>STWD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$20.00</td>
<td>$38.2K</td>
<td>1.2K</td>
<td>150</td>
</tr>
<tr>
<td>SCHW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$77.50</td>
<td>$26.1K</td>
<td>96</td>
<td>138</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$230.00</td>
<td>$47.1K</td>
<td>1.0K</td>
<td>115</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$27.00</td>
<td>$60.1K</td>
<td>0</td>
<td>101</td>
</tr>
<tr>
<td>ERIE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$410.00</td>
<td>$30.4K</td>
<td>2</td>
<td>40</td>
</tr>
<tr>
<td>GPN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$110.00</td>
<td>$41.7K</td>
<td>11</td>
<td>26</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a put option trade that happens to be bearish, expiring in 2 day(s) on October 25, 2024. This event was a transfer of 200 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $42.2K, with a price of $211.0 per contract. There were 3391 open contracts at this strike prior to today, and today 6927 contract(s) were bought and sold. 
• Regarding GS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), we observe a put option sweep with bearish sentiment. It expires in 149 day(s) on March 21, 2025. Parties traded 25 contract(s) at a $490.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $49.3K, with a price of $1975.0 per contract. There were 259 open contracts at this strike prior to today, and today 1004 contract(s) were bought and sold. 
• Regarding YRD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YRD#NYSE">YRD</a>), we observe a call option sweep with bearish sentiment. It expires in 23 day(s) on November 15, 2024. Parties traded 455 contract(s) at a $5.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $47.7K, with a price of $105.0 per contract. There were 893 open contracts at this strike prior to today, and today 555 contract(s) were bought and sold. 
• For LC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>), we notice a call option sweep that happens to be bullish, expiring in 58 day(s) on December 20, 2024. This event was a transfer of 188 contract(s) at a $12.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $165.0 per contract. There were 9 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold. 
• For STWD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STWD#NYSE">STWD</a>), we notice a put option sweep that happens to be bullish, expiring in 450 day(s) on January 16, 2026. This event was a transfer of 150 contract(s) at a $20.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $38.2K, with a price of $255.0 per contract. There were 1221 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold. 
• Regarding SCHW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>), we observe a call option trade with bullish sentiment. It expires in 331 day(s) on September 19, 2025. Parties traded 48 contract(s) at a $77.50 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $545.0 per contract. There were 96 open contracts at this strike prior to today, and today 138 contract(s) were bought and sold. 
• Regarding JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we observe a call option trade with bearish sentiment. It expires in 121 day(s) on February 21, 2025. Parties traded 50 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $47.1K, with a price of $943.0 per contract. There were 1081 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold. 
• Regarding HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we observe a call option sweep with bullish sentiment. It expires in 296 day(s) on August 15, 2025. Parties traded 101 contract(s) at a $27.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $60.1K, with a price of $595.0 per contract. There were 0 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold. 
• Regarding ERIE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIE#NASDAQ">ERIE</a>), we observe a put option trade with bullish sentiment. It expires in 58 day(s) on December 20, 2024. Parties traded 40 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $30.4K, with a price of $760.0 per contract. There were 2 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold. 
• Regarding GPN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>), we observe a put option trade with bearish sentiment. It expires in 331 day(s) on September 19, 2025. Parties traded 25 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $41.7K, with a price of $1670.0 per contract. There were 11 open contracts at this strike prior to today, and today 26 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

COIN

ERIE

STWD

10 Financials Stocks With Whale Alerts In Today's Session

Whales with a lot of money to spend have taken a noticeably bullish stance on Charles Schwab.
Looking at options history for Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) we detected 16 trades.
If we consider the specifics of each trade, it is accurate to state that 56% of the investors opened trades with bullish expectations and 25% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $168,127 and 12, calls, for a total amount of $617,347.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $77.5 for Charles Schwab, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Charles Schwab's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Charles Schwab's whale activity within a strike price range from $60.0 to $77.5 in the last 30 days. 
<h3>Charles Schwab 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729283439_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SCHW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$13.2</td>
<td>$13.0</td>
<td>$13.15</td>
<td>$60.00</td>
<td>$99.9K</td>
<td>764</td>
<td>334</td>
</tr>
<tr>
<td>SCHW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$13.2</td>
<td>$13.0</td>
<td>$13.15</td>
<td>$60.00</td>
<td>$77.5K</td>
<td>764</td>
<td>258</td>
</tr>
<tr>
<td>SCHW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$13.2</td>
<td>$13.0</td>
<td>$13.15</td>
<td>$60.00</td>
<td>$68.3K</td>
<td>764</td>
<td>199</td>
</tr>
<tr>
<td>SCHW</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$1.36</td>
<td>$1.3</td>
<td>$1.31</td>
<td>$72.50</td>
<td>$59.8K</td>
<td>3.9K</td>
<td>1.4K</td>
</tr>
<tr>
<td>SCHW</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$1.72</td>
<td>$1.43</td>
<td>$1.52</td>
<td>$73.00</td>
<td>$52.4K</td>
<td>2.3K</td>
<td>43</td>
</tr>
</tbody>
</table>

<h3>About Charles Schwab</h3>
Charles Schwab operates in brokerage, wealth management, banking, and asset management. It runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website, and it has mobile trading capabilities. It also operates a bank and a proprietary asset-management business and offers services to independent investment advisors. Schwab 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.
<h3>Current Position of Charles Schwab</h3>
<ul>
<li>Trading volume stands at 8,745,621, with SCHW's price down by -0.76%, positioned at $71.36.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 89 days.</li>
</ul>
<h3>Expert Opinions on Charles Schwab</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $71.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Barclays keeps a Equal-Weight rating on Charles Schwab with a target price of $74. 
&#x2A; An analyst from Wells Fargo persists with their Equal-Weight rating on Charles Schwab, maintaining a target price of $75. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Charles Schwab, which currently sits at a price target of $68. 
&#x2A; An analyst from Jefferies persists with their Buy rating on Charles Schwab, maintaining a target price of $73. 
&#x2A; An analyst from Piper Sandler persists with their Neutral rating on Charles Schwab, maintaining a target price of $65. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Charles Schwab with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Spotlight on Charles Schwab: Analyzing the Surge in Options Activity

Barclays analyst Benjamin Budish maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Equal-Weight and raises the price target from $64 to $74.

Barclays Maintains Equal-Weight on Charles Schwab, Raises Price Target to $74

The Russell 2000 Index, a benchmark for small-cap stocks, is on the verge of a significant technical breakout that could push it to levels not seen <a href="https://www.benzinga.com/news/small-cap">since late November 2021. </a>
On Wednesday, the index is testing a crucial resistance zone around the 2,300-point level, a ceiling last reached on July 31.
While the S&amp;P 500, Dow Jones and Nasdaq 100 have set fresh all-time highs in 2024, the Russell 2000, as tracked by the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>), still remains 6.7% below its peak.
Market participants are now closely watching whether small-cap stocks can rally to catch up large-cap counterparts on the back of economic growth resilience and lower interest rates. 
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="496" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16115917/image-122-1024x496.png" alt="" class="wp-image-598678" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16115917/image-122-1024x496.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16115917/image-122-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16115917/image-122-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16115917/image-122-1536x744.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16115917/image-122.png 1768w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Chart: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent101624&amp;t=be2bearmibe3na1">Benzinga Pro</a></figcaption></figure>
<h1 class="wp-block-heading">Strong Economy, Lower Interest Rates Could Propel Small Caps</h1>
&#8220;Small caps have been stuck in a consolidation range over the last few months as investors questioned the likelihood of a soft-landing scenario and the path of monetary policy. Small caps tend to be more sensitive to economic conditions and interest rates versus their larger cap peers,&#8221; commented Adam Turnquist, chief technical strategist at LPL Financial. 
The outlook for small caps has brightened amid strong economic data and optimism surrounding Federal Reserve policy. 
The U.S. economy continues to show resilience, with the Atlanta Fed GDPNow model forecasting 3.2% GDP growth for the fourth quarter of 2024, marking an acceleration from 3% growth in the third quarter. 
Additionally, the U.S. labor market has recently outperformed even the rosiest expectations, with 254,000 jobs added in September, marking the strongest monthly job growth in six months. This was a substantial increase from the 159,000 jobs added in August, far surpassing forecasts of 140,000. The unemployment rate fell to 4.1%, while wage growth also accelerated.
Turnquist highlighted, &#8220;With the growth outlook recently improving — underpinned by better-than-feared labor market conditions — and increased visibility into Fed rate cuts, the Russell 2000 has rallied off the lower end of its rising price channel.
<h1 class="wp-block-heading">Bank Stocks Bolster Small-Cap Performance</h1>
The banking sector has been a key driver behind the recent surge in small-cap stocks, fueled by solid earnings from major financial heavyweights.
Leading U.S. banks — including JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), Bank of New York Mellon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BK#NYSE">BK</a>), and Charles Schwab Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) — all reported better-than-expected thrid-quarter earnings, sparking investor optimism in <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41331839/financial-sector-hits-record-highs-as-goldman-sachs-bank-of-america-citi-beat-q3-ea">the broader financial sector.</a>
The bullish momentum on large banks has had a ripple effect on regional banks, which make up the largest sector of the Russell 2000. 
The SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) extended its rally to six consecutive days, fully rebounding from the banking crisis triggered in March 2023 by the collapse of Silicon Valley Bank and Signature Bank.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16120439/image-123-1024x501.png" alt="" class="wp-image-598691" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16120439/image-123-1024x501.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16120439/image-123-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16120439/image-123-768x376.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16120439/image-123-1536x752.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16120439/image-123.png 1748w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Chart: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent101624&amp;t=be2bearmibe3na1">Benzinga Pro</a></figcaption></figure>
<h1 class="wp-block-heading">Russell 2000: Technical Outlook</h1>
&#8220;Technically, a close above 2,275 would confirm a breakout from its current symmetrical triangle and leave the 2021 highs as the next resistance hurdle to clear. Momentum indicators have also recently turned bullish, adding to the evidence of a topside breakout,&#8221; Turnquist explained.
However, it&#8217;s important to note that despite recent improvements, the Russell 2000&#8217;s relative performance against the S&amp;P 500 — tracked by the IWM/SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) ratio — remains in a downtrend. 
The ratio is still below its declining 200-day moving average, signaling that small caps have yet to fully outperform their large-cap counterparts. 
&#8220;A close above the July highs would validate a trend reversal in favor of small caps outperforming,&#8221; Turnquist added.
Read Now:
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41356469/mortgage-demand-sees-sharpest-weekly-drop-since-april-2020-as-rates-climb-above-6">Mortgage Demand Sees Sharpest Weekly Drop Since April 2020 As Rates Climb Above 6.5%</a></li>
</ul>
Photo: IConcept via Shutterstock

Equities

Macro Economic Events

Sector ETFs

Broad U.S. Equity ETFs

Technicals

Small Cap

Econ #s

Economics

ETFs

Russell 2000 Poised For Major Technical Breakout: Analyst Eyes 'A Trend Reversal In Favor Of Small Caps Outperforming' S&P 500

B of A Securities analyst Craig Siegenthaler maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Underperform and lowers the price target from $63 to $61.

B of A Securities Maintains Underperform on Charles Schwab, Lowers Price Target to $61

Charles Schwab Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) reported better-than-expected third-quarter results on Tuesday and <a href="https://www.benzinga.com/news/earnings/24/10/41332167/charles-schwab-q3-shines-client-assets-reach-9-92t-revenue-hits-4-85b-debt-reduction-more">analysts are weighing in. </a>
The Details: Charles Schwab saw revenue rise 5% to $4.85 billion with clients' daily average trades growing 9% year-over-year. 
JPMorgan analyst Kenneth Worthington pointed to Schwab as a leading brand for retail financial services and ​said its large and engaged base of retail investors should continue to drive growth for the company. JP Morgan maintained its Overweight rating on Schwab shares and raised its price target from $86 to $87. 
Cash Sweep Balances: Worthington noted Schwab's September transactional cash sweep balances experienced a large uptick and expects average earning assets and average transaction-based cash levels likely to be flat to higher in the fourth quarter. 
Piper Sandler analysts also highlighted Schwab's $17.2 billion increase in transactional cash balances in September as the highest month-over-month increase since the Fed began hiking rates in early 2022. 
Piper Sandler's Patrick Moley maintained a Neutral rating on the stock, but raised the price target from $64 to $65 as he remains "cautiously optimistic this trend can directionally continue in the coming quarters."
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41340022/amazon-analyst-expects-q3-earnings-with-revenue-growth-margin-expansion-relative-st">Amazon Analyst Expects Q3 Earnings With Revenue Growth, Margin Expansion, Relative Stable E-Commerce Demand</a>
Goldman Sachs analyst Alexander Blostein was less optimistic and sees cash sweep balances declining in October.  Blostein sees Schwab's potential downside risks to include faster-than-expected core deposit outflows, Ameritrade-related attrition and lower retail trading activity. Goldman Sachs <a href="https://www.benzinga.com/quote/SCHW/analyst-ratings">maintained</a> a Neutral rating, but raised the price target on Charles Schwab stock from $67 to $74. 
"Although October sweep balances are likely to decline, we are encouraged by signs of further stabilization in sweep deposits which should be well-received by investors," Blostein wrote.&nbsp;
JMP Securities analyst Devin Ryan cautioned that client transactional cash trends "can be lumpy from month to month." However, Charles Schwab's latest results are evidence of "stabilizing-to-inflecting cash trends." That&#8217;s a key focus for investors.
 JMP Securities maintained a Market Outperform rating on Charles Schwab and raised the price target from $82 to $84.
Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Charles Schwab shares are up 0.96% at $72.65 at the time of publication Wednesday.
Read Also:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/government/24/10/41346351/cybersecurity-firm-warns-of-threats-to-2024-presidential-election-integrity">Cybersecurity Firm Warns Of Threats To 2024 Presidential Election Integrity</a>&nbsp;</li>
</ul>
Image: Shutterstock&nbsp;

Analyst Color

Earnings

Charles Schwab Analyst 'Cautiously Optimistic' Upward Trend Can Continue In Q4

JP Morgan analyst Kenneth Worthington maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Overweight and raises the price target from $86 to $87.

JP Morgan Maintains Overweight on Charles Schwab, Raises Price Target to $87

Wells Fargo analyst Michael Brown maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Equal-Weight and raises the price target from $70 to $75.

Wells Fargo Maintains Equal-Weight on Charles Schwab, Raises Price Target to $75

Piper Sandler analyst Patrick Moley maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Neutral and raises the price target from $64 to $65.

Piper Sandler Maintains Neutral on Charles Schwab, Raises Price Target to $65

Goldman Sachs analyst Alexander Blostein maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Neutral and raises the price target from $67 to $74.

Goldman Sachs Maintains Neutral on Charles Schwab, Raises Price Target to $74

Keefe, Bruyette &amp; Woods analyst Kyle Voigt maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Outperform and raises the price target from $76 to $81.

Keefe, Bruyette & Woods Maintains Outperform on Charles Schwab, Raises Price Target to $81

JMP Securities analyst Devin Ryan maintains Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>) with a Market Outperform and raises the price target from $82 to $84.

JMP Securities Maintains Market Outperform on Charles Schwab, Raises Price Target to $84

TD Bank Group (the "Bank") announced today that it expects The Charles Schwab Corporation's ("Schwab") third quarter earnings to translate into approximately CDN&nbsp;$178 million&nbsp;of reported equity in net income of an investment in Schwab for the Bank's fiscal 2024 fourth quarter. Excluding acquisition-related charges of approximately CDN&nbsp;$2 million after-tax and amortization of acquired intangibles of approximately CDN $27 million after-tax, adjusted equity in net income of an investment in Schwab will be approximately CDN $207 million.
On August 21, 2024, the Bank announced that it had sold 40.5 million shares of common stock of Schwab, which reduced the Bank's ownership interest in Schwab from 12.3% to 10.1%.
TD Bank Group will release its fourth quarter financial results and host an earnings conference call on December 5, 2024. Conference call and audio webcast details will be announced closer to that date.

Comments

Charles Schwab

Charles Schwab (SCHW) 옵션

Charles Schwab (NYSE:SCHW) 주식, 옵션 체인

뉴스

파트너 / 기고자

벤징가 글로벌