Charles Schwab stock hits 52-week high at 90.61 USD

Charles Schwab (NYSE:SCHW) stock has reached a new 52-week high, hitting 90.61 USD. This milestone reflects a significant upward trend for the financial services company over the past year, with the $164.2 billion market cap firm delivering a robust 22.13% year-to-date return while maintaining its 37-year track record of consistent dividend payments, currently yielding 1.2%. The stock’s performance has been bolstered by a 22.88% increase over the last 12 months, showcasing robust investor confidence and positive market sentiment. This achievement underscores the company’s resilience and strategic initiatives that have resonated well with shareholders, contributing to its sustained growth in the competitive financial sector. InvestingPro analysis reveals two key insights: the company has achieved a perfect Piotroski Score of 9, and revenue growth stands at 10.86%. Discover 8 more exclusive ProTips and comprehensive analysis in the Pro Research Report.

In other recent news, Charles Schwab Corporation reported record core net new assets of $35 billion for May 2025, marking a 13% increase compared to the same period in 2024. Total (EPA:TTEF) client assets reached $10.35 trillion, reflecting a 12% rise from the previous year and a 5% increase from April 2025. In terms of analyst ratings, Truist Securities raised its price target for Charles Schwab to $100, maintaining a Buy rating, while noting the company’s solid fundamentals despite some moderation in net new assets and trading volumes. Redburn-Atlantic upgraded the stock from Sell to Neutral, increasing the price target to $82, citing a positive outlook as cash sweep issues ease. Additionally, TD Cowen’s analyst Bill Katz raised the price target to $113, expressing optimism about Schwab’s growth phase and balance sheet strategy. On the corporate actions front, Charles Schwab filed a Certificate of Elimination for its Series G Preferred Stock, effectively removing it from the company’s charter. These developments highlight significant movements and strategic decisions within the company, drawing attention from various analysts and stakeholders.

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