Charles Schwab (SCHW) to Post Quarterly Earnings on Tuesday

Charles Schwab Corp. (NYSE: SCHW) is scheduled to report its second-quarter 2026 financial results before the market opens on Tuesday, July 21. The company will host a conference call at 8:30 AM ET the same day.

Wall Street analysts expect the brokerage giant to post earnings of $1.51 per share on revenue of $6.8648 billion for the quarter. For the full fiscal year 2026, Schwab has provided guidance of $5.70 to $5.80 in earnings per share.

In its most recent quarterly report for Q1 2026, released on April 16, Schwab delivered earnings of $1.43 per share, beating the consensus estimate of $1.39 by $0.04. Revenue came in at $6.48 billion, also ahead of expectations of $6.39 billion. The company's net margin stood at 37.99% with a return on equity of 23.05%. Revenue rose 15.8% year-over-year, up from $1.04 EPS in the same quarter a year earlier.

Dividend and Insider Activity

Schwab recently paid a quarterly dividend of $0.32 per share on May 22 to shareholders of record as of May 8. The annualized dividend of $1.28 represents a yield of approximately 1.2%, with a payout ratio of 25.40%.

Insider trading filings reveal notable sales in recent months. Paul V. Woolway sold 7,941 shares at an average price of $100.00 on April 15, reducing his position by 21%. Jonathan S. Beatty sold 2,000 shares on July 6 at an average price of $100.01. Both transactions were executed under pre-arranged Rule 10b5-1 trading plans. Over the past 90 days, insiders have sold a total of 14,461 shares worth approximately $1.42 million.

Analyst Ratings and Price Targets

Analyst sentiment remains broadly positive. The stock carries a consensus rating of "Moderate Buy" from 20 analysts, with 16 giving a "Buy" rating, two a "Strong Buy", one a "Hold", and one a "Sell". The average price target is $116.32.

Recent revisions include Jefferies lowering its target to $118 from $122 while maintaining a "Buy" rating. TD Cowen raised its target to $109 from $108 with a "Buy" rating. Piper Sandler increased its target to $105 from $103 with a "Neutral" rating, and Truist reduced its target to $120 from $122, also rating the stock a "Buy".

Institutional investors own approximately 84.38% of Schwab's shares. The stock opened at $102.46 on the day of this report, with a 52-week range of $83.96 to $107.50 and a market capitalization of $178.19 billion.