The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the United States and internationally. The company operates in two segments, Investor Services and Advisor Services. It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including certificates of deposit; third-party mutual funds through the Mutual Fund Marketplace and Mutual Fund OneSource service, as well as mutual fund trading and clearing services to broker-dealers; exchange-traded funds; advisory solutions for managed portfolios, separately managed accounts, customized personal advice for tailored portfolios, specialized planning, and full-time portfolio management; banking products comprising checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust custody services, personal trust reporting services, and administrative trustee services. It also provides digital retirement calculators; integrated web-, mobile-, and software-based trading platforms, real-time market data, options trading, premium research, and multi-channel access; self-service education and support tools; online research and analysis tools; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; retirement plan services; mutual fund clearing services; and advisor services, including interactive tools and educational content. The Company operates through branch offices. The Charles Schwab Corporation was incorporated in 1971 and is headquartered in Westlake, Texas.

Компания Charles Schwab демонстрирует сильные финансовые показатели, включая высокие значения ROE и ROA, которые значительно превышают медианные показатели отрасли. Это свидетельствует о высокой эффективности управления капиталом. Тем не менее, мультипликаторы, такие как P/E и P/S, находятся на уровне, значительно превышающем медиану, что может указывать на переоцененность акций. Долговая нагрузка компании также ниже, чем в среднем по сектору, что является положительным знаком для инвесторов. Дивидендная доходность показывает рост, что подтверждает стабильность финансового положения. Однако текущие коэффициенты ликвидности, такие как current_ratio и quick_ratio, находятся ниже среднего уровня, что может вызывать опасения по поводу краткосрочной финансовой устойчивости. В целом, несмотря на сильные фундаментальные показатели, высокая оценка по мультипликаторам и недостаточная ликвидность требуют пересмотра целевой цены акций, чтобы учесть данные риски и возможности.

Charles Schwab Corporation (The)

The S&P 500 Index ($SPX) (SPY) on Friday closed down -0.61%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.62%. March E-mini S&P futures (ESH26) fell -0.60%, and March E-mini Nasdaq futures (NQH26) fell -0.66%.
Stocks gave up an early advance on Friday and retreated, with the S&P 500 and Dow Jones Industrials falling to 3.5-month lows. Stocks fell after crude oil prices recovered from early losses and rallied more than +3%, as the war in Iran shows no signs of abating. The Wall Street Journal reported on Friday that the US is moving a Marine expeditionary unit to the Middle East as Iran steps up attacks on the Strait of Hormuz.
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Stocks initially moved higher on Friday when WTI crude oil gave up overnight gains and fell more than -2% after the US granted a temporary waiver allowing buyers to take Russian oil cargoes already at sea. The US Treasury granted a month-long waiver to import Russian oil loaded before Thursday, covering Russian crude oil and fuel on about 30 tankers carrying at least 19 million barrels. Crude was also briefly pressured after the Financial Times reported that France and Italy had opened talks with Iran to negotiate a deal to guarantee the safe passage of their ships through the Strait of Hormuz.
Crude prices also found support on Friday after US officials said Iran has begun laying mines in the Strait of Hormuz, an effort that could further complicate US efforts to restart shipping in the waterway. Despite the US destroying most large ships in the Iranian navy used to lay mines, Iran began using smaller boats for the operation on Thursday, according to a US official briefed on the intelligence. Goldman Sachs warns that crude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of Hormuz remain depressed through March.
The latest rhetoric from President Trump and Iranian leader Khamenei suggests there will be no immediate easing in the war that has disrupted energy shipments in the Middle East and spurred concerns about rising inflation. Global bond yields have soared this week on inflation fears, with the German 10-year bund yield rising to a 2.25-year high of 2.99% on Friday and the 10-year T--note yield climbing to a 1.25-month high at 4.29%.
Crude oil prices remain underpinned despite attempts to boost global supplies. The IEA on Wednesday released 400 million barrels from emergency oil stockpiles and said the war against Iran is disrupting 7.5% of global oil supply, and the conflict will cut global oil supply by 8 million bpd this month. The closure of the Strait of Hormuz, through which about a fifth of the world’s oil and natural gas flows, has choked off oil and gas flows due to Iran’s attacks on shipping in the waterway and forced Gulf producers to cut output because they can’t export from the region.
Friday’s US economic news was mixed for stocks. Jan personal spending, Jan JOLTS job openings, and the University of Michigan US Mar consumer sentiment index all rose more than expected. However, Jan capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, were weaker than expected. Also, Q4 GDP was revised lower, and the Jan core PCE price index, the Fed's preferred inflation gauge, rose by the most in 1.75 years.
US Jan personal spending rose +0.4% m/m, stronger than expectations of +0.3% m/m. Jan personal income rose +0.4% m/m, weaker than expectations of +0.5% m/m.
The US Jan core PCE price index, the Fed's preferred inflation gauge, rose +3.1% y/y, right on expectations and the highest in 1.75 years.
US Jan capital goods new orders nondefense ex-aircraft and parts were unchanged m/m, weaker than expectations of +0.5% m/m.
US Q4 GDP was revised downward to +0.7% (q/q annualized) from the previously reported +1.4% as Q4 personal consumption was revised lower to +2.0% from the previously reported +2.4%.
The University of Michigan US consumer sentiment index fell -1.1 to 55.5, stronger than the 54.8 expected.
The University of Michigan's US Mar 1-year inflation expectations were unchanged from Feb at 3.4%, below expectations of a rise to 3.7%. The Mar 5-10 year inflation expectations unexpectedly fell to 3.2% from 3.3% in Feb, weaker than expectations of an increase to 3.4%.
US Jan JOLTS job openings rose +396,000 to 6.946 million, stronger than expectations of 6.750 million.
Q4 earnings season is nearly over, with more than 98% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 495 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 1% chance for a -25 bp FOMC rate cut at the next policy meeting on March 17-18.
Overseas stock markets settled lower on Friday. The Euro Stoxx 50 closed down -0.56%. China's Shanghai Composite closed down -0.82%. Japan's Nikkei Stock 225 closed down -1.16%.
Interest Rates
June 10-year T-notes (ZNM6) on Friday closed unchanged. The 10-year T-note yield rose +1.8 bp to 4.279%. June T-notes fell to a 1.25-month low on Friday, and the 10-year T-note yield climbed to a 5-week high of 4.289%. T-notes gave up an early advance on Friday after crude oil prices jumped more than +3%, which fueled inflation fears. Also, mixed US economic news limited gains in T-notes after Jan JOLTS job openings, and the University of Michigan Mar consumer sentiment index rose more than expected, hawkish factors for Fed policy. Conversely, Q4 GDP was revised lower, and Jan capital goods new orders rose less than expected, supportive factors for T-notes. Also, Friday’s stock weakness sparked some safe-haven demand for T-notes.
European government bond yields moved higher on Friday. The 10-year German bund yield rose to a 2.25-year high of 2.992% and finished up +2.6 bp to 2.983%. The 10-year UK gilt yield rose to a 6.25-month high of 4.825% and finished up +4.9 bp to 4.823%.
UK Jan GDP was unchanged m/m, weaker than expectations of +0.2% m/m.
UK Jan manufacturing production rose +0.1% m/m, weaker than expectations of +0.2% m/m.
Swaps are discounting a 3% chance of a -25 bp ECB rate hike at its next policy meeting on March 19.
US Stock Movers
Meta Platforms (META) closed down more than -3% to lead the Magnificent Seven technology stocks lower after the New York Times reported that the company’s latest AI model has underperformed expectations and will be delayed. Also, Apple (AAPL) closed down more than -2%, and Microsoft (MSFT) and Nvidia (NVDA) closed down more than -1%. In addition, Tesla (TSLA) closed down -0.96%. Amazon.com (AMZN) closed down -0.89% and Alphabet (GOOGL) closed down -0.42%.
Chip stocks and AI-infrastructure companies moved higher on Friday, a supportive factor for the broader market. Sandisk (SNDK) closed up more than +6% to lead gainers in the S&P 500, and Micron Technology (MU) closed up more than +4% to lead gainers in the Nasdaq 100. Also, Western Digital (WDC) closed up more than +4%, and Seagate Technology Holdings Plc (STX) closed up more than +2%. In addition, Lam Research (LRCX), Applied Materials (AMAT), and Intel (INTC) closed up more than +1%.
Cryptocurrency-exposed stocks moved higher on Friday as Bitcoin (^BTCUSD) rose more than +1% to a 1-week high. Galaxy Digital Holdings (GLXY) closed up more than +8%, and MARA Holdings (MARA) closed up more than +6%. Also, Strategy (MSTR) and Coinbase Global (COIN) closed up more than +1%.
Mining stocks sold off on Friday as copper prices fell more than -2%, gold prices fell more than -1%, and silver prices dropped more than -4%. Anglogold Ashanti Ltd (AU) closed down more than -9%, and Coeur Mining (CDE) closed down more than -6%. Also, Southern Copper (SCCO) closed down more than -5%, and Newmont Mining (NEM), Hecla Mining (HL), Barrick Mining (B), and Freeport-McMoRan (FCX) closed down more than -4%.
Fertilizer stocks retreated on Friday, giving back some of this week’s sharp gains. Intrepid Potash (IPI) and Mosaic (MOS) closed down more than -6%, and CF Industries Holdings (CF) closed down more than -4%.
EverCommerce (EVCM) closed down more than -15% after forecasting Q1 revenue of $145.5 million to $148.5 million, well below the consensus of $151 million.
Ulta Beauty (ULTA) closed down more than -14% to lead losers in the S&P 500 after it forecast full-year comparable sales will increase 2.5% to 3.5%, below the consensus of 3.5%.
Adobe (ADBE) closed down more than -7% to lead losers in the Nasdaq 100 after CEO Narayen said he will resign and remain in his post until a successor has been appointed.
Insulet (PODD) closed down more than -6% after it issued a voluntary recall of some Omnipod 5 Pods due to a manufacturing issue that led to 18 reports of serious adverse events.
ServiceTitan (TTAN) closed down more than -5% after reporting a Q4 EPS loss of -44 cents, wider than the consensus of -41 cents.
Klarna Group Plc (KLAR) closed up more than +9% after an SEC filing showed Chairman Morits purchased 3.47 million shares through an associated entity between March 3 and March 11.
Charles Schwab (SCHW) closed up more than +2% after it expects revenue growth of 16% in Q1 and said the company’s “diversified financial model continues to deliver.”
Carvana (CVNA) closed up more than +2% after its board approved a 5-for-1 split of its common stock.
Circle Internet Group (CRCL) closed up more than +1% after Mizuho Securities raised its price target on the stock to $120 from $100.
Earnings Reports(3/16/2026)
Dollar Tree Inc (DLTR) and Science Applications International (SAIC).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Iran War Drags Stocks Lower

The S&P 500 Index ($SPX) (SPY) today is down -0.18%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.30%. March E-mini S&P futures (ESH26) are down -0.19%, and March E-mini Nasdaq futures (NQH26) are down -0.32%.
Stocks gave up an early advance today and are trading mixed after crude oil prices recovered from early losses, trading little changed, as the war in Iran shows no signs of abating. The Wall Street Journal reported today that the US is moving a Marine expeditionary unit to the Middle East as Iran steps up attacks on the Strait of Hormuz.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks initially moved higher today when WTI crude oil gave up overnight gains and fell more than -2% after the US granted a temporary waiver allowing buyers to take Russian oil cargoes already at sea. The US Treasury granted a month-long waiver to import Russian oil loaded before Thursday, covering Russian crude oil and fuel on about 30 tankers carrying at least 19 million barrels. Crude was also briefly pressured after the Financial Times reported that France and Italy had opened talks with Iran to negotiate a deal to guarantee the safe passage of their ships through the Strait of Hormuz.
Crude prices rallied in overnight trading after US officials said Iran has begun laying mines in the Strait of Hormuz, an effort that could further complicate US efforts to restart shipping in the waterway. Despite the US destroying most large ships in the Iranian navy used to lay mines, Iran began using smaller boats for the operation on Thursday, according to a US official briefed on the intelligence. Goldman Sachs warns that crude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of Hormuz remain depressed through March.
The latest rhetoric from President Trump and Iranian leader Khamenei suggests there will be no immediate easing in the war that has disrupted energy shipments in the Middle East and spurred concerns about rising inflation. Global bond yields have soared this week on inflation fears, with the German 10-year bund yield rising to a 2.25-year high of 2.99% today and the 10-year T--note yield climbing to a 5-week high at 4.28%.
Crude oil prices remain underpinned despite attempts to boost global supplies. The IEA on Wednesday released 400 million barrels from emergency oil stockpiles and said the war against Iran is disrupting 7.5% of global oil supply, and the conflict will cut global oil supply by 8 million bpd this month. The closure of the Strait of Hormuz, through which about a fifth of the world’s oil and natural gas flows, has choked off oil and gas flows due to Iran’s attacks on shipping in the waterway and forced Gulf producers to cut output because they can’t export from the region.
Today’s US economic news is mixed for stocks. Jan personal spending, Jan JOLTS job openings, and the University of Michigan US Mar consumer sentiment index all rose more than expected. However, Jan capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, were weaker than expected. Also, Q4 GDP was revised lower, and the Jan core PCE price index, the Fed's preferred inflation gauge, rose by the most in 1.75 years.
US Jan personal spending rose +0.4% m/m, stronger than expectations of +0.3% m/m. Jan personal income rose +0.4% m/m, weaker than expectations of +0.5% m/m.
The US Jan core PCE price index, the Fed's preferred inflation gauge, rose +3.1% y/y, right on expectations and the highest in 1.75 years.
US Jan capital goods new orders nondefense ex-aircraft and parts were unchanged m/m, weaker than expectations of +0.5% m/m.
US Q4 GDP was revised downward to +0.7% (q/q annualized) from the previously reported +1.4% as Q4 personal consumption was revised lower to +2.0% from the previously reported +2.4%.
The University of Michigan US consumer sentiment index fell -1.1 to 55.5, stronger than the 54.8 expected.
The University of Michigan's US Mar 1-year inflation expectations were unchanged from Feb at 3.4%, below expectations of a rise to 3.7%. The Mar 5-10 year inflation expectations unexpectedly fell to 3.2% from 3.3% in Feb, weaker than expectations of an increase to 3.4%.
US Jan JOLTS job openings rose +396,000 to 6.946 million, stronger than expectations of 6.750 million.
Q4 earnings season is nearly over, with more than 98% of the S&P 500 companies having reported earnings results. Earnings have been a positive factor for stocks, with 74% of the 495 S&P 500 companies that have reported beating expectations. According to Bloomberg Intelligence, S&P earnings growth is expected to climb by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth. Excluding the Magnificent Seven megacap technology stocks, Q4 earnings are expected to increase by +4.6%.
The markets are discounting a 1% chance for a -25 bp FOMC rate cut at the next policy meeting on March 17-18.
Overseas stock markets are mixed. The Euro Stoxx 50 is up +0.24%. China's Shanghai Composite closed down -0.82%. Japan's Nikkei Stock 225 closed down -1.16%.
Interest Rates
June 10-year T-notes (ZNM6) today are up by +3 ticks. The 10-year T-note yield is down -0.6 bp to 4.255%. June T-notes are slightly higher today, and the 10-year T-note yield fell from a 5-week high of 4.279%. Today’s US economic news, which showed Q4 GDP revised lower and Jan capital goods new orders climbing less than expected, was supportive of T-notes. Gains in T-notes were limited after Jan JOLTS job openings, and the University of Michigan Mar consumer sentiment index rose more than expected, hawkish factors for Fed policy. Also, a rebound in crude oil prices from early losses to higher on the day weighed on T-note prices.
European government bond yields are mixed today. The 10-year German bund yield fell from a 2.25-year high of 2.992% and is down -0.4 bp to 2.953%. The 10-year UK gilt yield rose to a 6.25-month high of 4.812% and is up +0.9 bp to 4.782%.
UK Jan GDP was unchanged m/m, weaker than expectations of +0.2% m/m.
UK Jan manufacturing production rose +0.1% m/m, weaker than expectations of +0.2% m/m.
Swaps are discounting a 3% chance of a -25 bp ECB rate hike at its next policy meeting on March 19.
US Stock Movers
Chip stocks and AI-infrastructure companies are moving higher today, a supportive factor for the broader market. Micron Technology (MU) is up more than +4%, and Seagate Technology Holdings Plc (STX), Lam Research (LRCX), and Western Digital (WDC) are up more than +2%. Also, Applied Materials (AMAT), Marvell Technology (MRVL), ARM Holdings Plc (ARM), Intel (INTC), and KLA Corp (KLAC) are up more than +1%.
Cryptocurrency-exposed stocks are climbing today, with Bitcoin (^BTCUSD) up more than +4% at a 1-week high. MARA Holdings (MARA) is up more than +12%, and Strategy (MSTR) is up more than +6% to lead gainers in the Nasdaq 100. Also, Galaxy Digital Holdings (GLXY) is up more than +6%, and Riot Platforms (RIOT) and Coinbase Global (COIN) are up more than +3%.
Fertilizer stocks are retreating today, giving back some of this week’s sharp gains. Intrepid Potash (IPI) is down more than -7%, CF Industries Holdings (CF) is down more than -6%, and Mosaic (MOS) is down more than -4%.
Klarna Group Plc (KLAR) is up more than +12% after an SEC filing showed Chairman Morits purchased 3.47 million shares through an associated entity between March 3 and March 11.
Charles Schwab (SCHW) is up more than +2% after it expects revenue growth of 16% in Q1 and said the company’s “diversified financial model continues to deliver.”
Circle Internet Group (CRCL) is up more than +1% after Mizuho Securities raised its price target on the stock to $120 from $100.
Knight-Swift Transportation Holdings (KNX) is up more than +1% after Citigroup upgraded the stock to buy from neutral with a price target of $64.
Air Products and Chemicals (APD) is up more than +1% after Wells Fargo Securities upgraded the stock to overweight from equal weight with a price target of $325.
Ulta Beauty (ULTA) is down more than -11% to lead losers in the S&P 500 after it forecast full-year comparable sales will increase 2.5% to 3.5%, below the consensus of 3.5%.
EverCommerce (EVCM) is down more than -10% after forecasting Q1 revenue of $145.5 million to $148.5 million, well below the consensus of $151 million.
Adobe (ADBE) is down more than -5% to lead losers in the Nasdaq 100 after CEO Narayen said he will resign and remain in his post until a successor has been appointed.
Insulet (PODD) is down more than 5% after it issued a voluntary recall of some Omnipod 5 Pods due to a manufacturing issue that led to 18 reports of serious adverse events.
ServiceTitan (TTAN) is down more than -4% after reporting a Q4 EPS loss of -44 cents, wider than the consensus of -41 cents.
Meta Platforms (META) is down more than -2% after the New York Times reported that the company’s latest AI model has underperformed expectations and will be delayed.
Earnings Reports(3/13/2026)
4D Molecular Therapeutics Inc (FDMT), Actuate Therapeutics Inc (ACTU), AirSculpt Technologies Inc (AIRS), AlTi Global Inc (ALTI), American Vanguard Corp (AVD), Avidity Biosciences Inc (RNAM), Better Home & Finance Holding (BETR), Bit Digital Inc (BTBT), Blue Foundry Bancorp (BLFY), Buckle Inc/The (BKE), CapsoVision Inc (CV), Citizens Inc/TX (CIA), Emerald Holding Inc (EEX), Eve Holding Inc (EVEX), GoHealth Inc (GOCO), Gossamer Bio Inc (GOSS), John Marshall Bancorp Inc (JMSB), LENSAR Inc (LNSR), MeiraGTx Holdings plc (MGTX), NET Lease Office Properties (NLOP), Perma-Fix Environmental Services (PESI), Value Line Inc (VALU), Waldencast plc (WALD).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Erase Early Gains on Iran War Anxiety

In trading on Friday, shares of The Charles Schwab Corporation's 4.45% Dep Shares Non-Cumul Perp Preferred Stock Series J (Symbol: SCHW.PRJ) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.113), with shares changing hands as low as $18.50 on the day. This compares to an average yield of 6.54% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, SCHW.PRJ was trading at a 25.48% discount to its liquidation preference amount, versus the average discount of 10.49% in the "Financial" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.
Below is a dividend history chart for SCHW.PRJ, showing historical dividend payments on The Charles Schwab Corporation's 4.45% Dep Shares Non-Cumul Perp Preferred Stock Series J:
Free Report: Top 8%+ Dividends (paid monthly)
In Friday trading, The Charles Schwab Corporation's 4.45% Dep Shares Non-Cumul Perp Preferred Stock Series J (Symbol: SCHW.PRJ) is currently off about 0.6% on the day, while the common shares (Symbol: SCHW) are down about 1%.
Also see:
Services Stocks Hedge Funds Are Buying
Institutional Holders of JATT
Institutional Holders of MXIM
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Charles Schwab's Preferred Stock Series J Yield Pushes Past 6%

Raymond James Financial’s RJF expansion strategy, marked by targeted acquisitions, is expected to support its revenue growth over the long term.
In the last five fiscal years (2020-2025), the company’s net revenues witnessed a compound annual growth rate (CAGR) of 12%, with the upward momentum continuing in the first quarter of fiscal 2026 (ended Dec. 31, 2025).
The company’s past acquisitions, along with its recent deals/partnerships, position it well for growth.
How Acquisitions Power Raymond James’ Expansion
The firm’s planned acquisition of Clark Capital Management Group (deal announced in January 2026) will likely significantly strengthen its asset management capabilities. With more than $46 billion in assets under management (AUM), Clark Capital will bring a wide range of model portfolios, multi-asset strategies and mutual funds tailored for financial advisors and high-net-worth investors. Integrating these offerings into Raymond James’ investment management platform is expected to help the firm attract additional client assets and boost recurring fee-based revenues.
RJF has already strengthened its capital markets platform through the acquisition of a majority stake in GreensLedge Holdings in March 2026. GreensLedge’s expertise in arranging complex products, such as collateralized loan obligations and asset-backed securities, complements Raymond James’ existing fixed-income distribution and trading capabilities.
The combination is likely to create cross-selling opportunities across the firm’s institutional client base, boosting deal activity, advisory fees and trading revenues, while expanding its presence in structured finance markets.
Apart from these, in fiscal 2024, RJF announced that it forayed into the lucrative private credit business through a partnership with Eldridge Industries. In fiscal 2023, Raymond James acquired Canada-based Solus Trust Company Limited. In fiscal 2022, it acquired SumRidge Partners, TriState Capital Holdings and the U.K.-based Charles Stanley Group PLC, while in fiscal 2021, it acquired Cebile Capital and a boutique investment bank, Financo.
Collectively, these acquisitions support Raymond James’ strategy of building a diversified financial services platform that generates recurring income. Over time, the integration of these businesses is expected to enhance RJF’s distribution reach, increase AUM and expand fee-based revenues, positioning the company for sustained top-line growth.
RJF’s Price Performance & Zacks Rank
In the past year, RJF shares have gained 9% compared with the industry’s 29.7% growth.
Image Source: Zacks Investment Research
Currently, Raymond James carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Inorganic Expansion Efforts by RJF’s Peers
Several peers of Raymond James have been pursuing inorganic expansion strategies, including acquisitions, mergers and advisor-team buyouts, to grow AUM, expand distribution networks and strengthen wealth management platforms.
Recently, Charles Schwab SCHW completed the acquisition of Forge Global Holdings, Inc. Forge, based in California, offers accredited investors a broad range of direct or indirect opportunities to engage in the private markets.
Its acquisition aligns with Schwab’s strategy to offer private market capabilities to retail and advisor clients, leveraging its comprehensive suite of wealth, advisory and investment management solutions, to address the complex needs of investors. As transactional activity improves in the private markets, the deal is expected to drive a surge in revenues for Schwab.
Another peer, LPL Financial Holdings Inc. LPLA, has been one of the most aggressive consolidators in the independent brokerage industry. The company agreed to acquire Commonwealth Financial Network for $2.7 billion, a deal expected to add 2,900 financial advisors and $285 billion in client assets to its platform.
LPL Financial has also completed several acquisitions in recent years, including Waddell & Reed and National Planning Holdings, and acquired Altria Wealth Solutions to expand its advisor network and wealth management capabilities.
Zacks' Research Chief Names "Stock Most Likely to Double"
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This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Will Raymond James' Expansion Strategy Fuel Revenue Growth?

Investors in The Charles Schwab Corporation (Symbol: SCHW) saw new options become available today, for the April 24th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SCHW options chain for the new April 24th contracts and identified one put and one call contract of particular interest.
The put contract at the $89.00 strike price has a current bid of $2.54. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $89.00, but will also collect the premium, putting the cost basis of the shares at $86.46 (before broker commissions). To an investor already interested in purchasing shares of SCHW, that could represent an attractive alternative to paying $93.63/share today.
Because the $89.00 strike represents an approximate 5% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 69%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 2.85% return on the cash commitment, or 21.28% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for The Charles Schwab Corporation, and highlighting in green where the $89.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $95.00 strike price has a current bid of $2.90. If an investor was to purchase shares of SCHW stock at the current price level of $93.63/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $95.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.56% if the stock gets called away at the April 24th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if SCHW shares really soar, which is why looking at the trailing twelve month trading history for The Charles Schwab Corporation, as well as studying the business fundamentals becomes important. Below is a chart showing SCHW's trailing twelve month trading history, with the $95.00 strike highlighted in red:
Considering the fact that the $95.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 47%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 3.10% boost of extra return to the investor, or 23.09% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 43%, while the implied volatility in the call contract example is 29%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $93.63) to be 26%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
Preferred Stock Ex-Dividend Calendar
Top Ten Hedge Funds Holding BRNY
HTLD Dividend History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Interesting SCHW Put And Call Options For April 24th

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Financials ETF (Symbol: IYF) where we have detected an approximate $122.6 million dollar outflow -- that's a 3.1% decrease week over week (from 32,000,000 to 31,000,000). Among the largest underlying components of IYF, in trading today Citigroup Inc (Symbol: C) is off about 0.7%, Morgan Stanley (Symbol: MS) is up about 1.2%, and The Charles Schwab Corporation (Symbol: SCHW) is higher by about 0.2%. For a complete list of holdings, visit the IYF Holdings page » The chart below shows the one year price performance of IYF, versus its 200 day moving average:
Looking at the chart above, IYF's low point in its 52 week range is $95.34 per share, with $133.54 as the 52 week high point — that compares with a last trade of $122.06. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Also see:
FUNC shares outstanding history
VIAV YTD Return
ALCE Split History
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable ETF Outflow Detected - IYF, C, MS, SCHW

The Week When Growth Wasn't Enough for Wall Street

Investors in The Charles Schwab Corporation (Symbol: SCHW) saw new options become available today, for the April 10th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SCHW options chain for the new April 10th contracts and identified one put and one call contract of particular interest.
The put contract at the $96.00 strike price has a current bid of $1.57. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $96.00, but will also collect the premium, putting the cost basis of the shares at $94.43 (before broker commissions). To an investor already interested in purchasing shares of SCHW, that could represent an attractive alternative to paying $96.51/share today.
Because the $96.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 54%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 1.64% return on the cash commitment, or 13.90% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for The Charles Schwab Corporation, and highlighting in green where the $96.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $97.00 strike price has a current bid of $1.69. If an investor was to purchase shares of SCHW stock at the current price level of $96.51/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $97.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 2.26% if the stock gets called away at the April 10th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if SCHW shares really soar, which is why looking at the trailing twelve month trading history for The Charles Schwab Corporation, as well as studying the business fundamentals becomes important. Below is a chart showing SCHW's trailing twelve month trading history, with the $97.00 strike highlighted in red:
Considering the fact that the $97.00 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 50%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.75% boost of extra return to the investor, or 14.88% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 29%, while the implied volatility in the call contract example is 30%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $96.51) to be 26%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
SMG Videos
Funds Holding AMRS
Institutional Holders of PNBK
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Interesting SCHW Put And Call Options For April 10th

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.
In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.
However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects.
The Charles Schwab Corporation (SCHW) is on the list of such stocks currently recommended by our proprietary system. In addition to a favorable Growth Score, it carries a top Zacks Rank.
Research shows that stocks carrying the best growth features consistently beat the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy).
While there are numerous reasons why the stock of this company is a great growth pick right now, we have highlighted three of the most important factors below:
Earnings Growth
Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.
While the historical EPS growth rate for Charles Schwab is 6%, investors should actually focus on the projected growth. The company's EPS is expected to grow 18.8% this year, crushing the industry average, which calls for EPS growth of 12.2%.
Cash Flow Growth
While cash is the lifeblood of any business, higher-than-average cash flow growth is more important and beneficial for growth-oriented companies than for mature companies. That's because, growth in cash flow enables these companies to expand their businesses without depending on expensive outside funds.
Right now, year-over-year cash flow growth for Charles Schwab is 22.3%, which is higher than many of its peers. In fact, the rate compares to the industry average of 17.7%.
While investors should actually consider the current cash flow growth, it's worth taking a look at the historical rate too for putting the current reading into proper perspective. The company's annualized cash flow growth rate has been 12.2% over the past 3-5 years versus the industry average of 7.1%.
Promising Earnings Estimate Revisions
Beyond the metrics outlined above, investors should consider the trend in earnings estimate revisions. A positive trend is a plus here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
There have been upward revisions in current-year earnings estimates for Charles Schwab. The Zacks Consensus Estimate for the current year has surged 0.4% over the past month.
Bottom Line
While the overall earnings estimate revisions have made Charles Schwab a Zacks Rank #2 stock, it has earned itself a Growth Score of B based on a number of factors, including the ones discussed above.
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
This combination indicates that Charles Schwab is a potential outperformer and a solid choice for growth investors.
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This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Here is Why Growth Investors Should Buy Charles Schwab (SCHW) Now

Investors in The Charles Schwab Corporation (Symbol: SCHW) saw new options become available today, for the March 2027 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 387 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SCHW options chain for the new March 2027 contracts and identified one put and one call contract of particular interest.
The put contract at the $70.00 strike price has a current bid of $2.82. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $70.00, but will also collect the premium, putting the cost basis of the shares at $67.18 (before broker commissions). To an investor already interested in purchasing shares of SCHW, that could represent an attractive alternative to paying $94.44/share today.
Because the $70.00 strike represents an approximate 26% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 86%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 4.03% return on the cash commitment, or 3.80% annualized — at Stock Options Channel we call this the YieldBoost.
Below is a chart showing the trailing twelve month trading history for The Charles Schwab Corporation, and highlighting in green where the $70.00 strike is located relative to that history:
Turning to the calls side of the option chain, the call contract at the $100.00 strike price has a current bid of $7.95. If an investor was to purchase shares of SCHW stock at the current price level of $94.44/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $100.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 14.31% if the stock gets called away at the March 2027 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if SCHW shares really soar, which is why looking at the trailing twelve month trading history for The Charles Schwab Corporation, as well as studying the business fundamentals becomes important. Below is a chart showing SCHW's trailing twelve month trading history, with the $100.00 strike highlighted in red:
Considering the fact that the $100.00 strike represents an approximate 6% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 48%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 8.42% boost of extra return to the investor, or 7.94% annualized, which we refer to as the YieldBoost.
The implied volatility in the put contract example is 36%, while the implied volatility in the call contract example is 29%.
Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $94.44) to be 26%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.
Also see:
Funds Holding BSII
HITI Average Annual Return
DOCN YTD Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.