TD Ameritrade Holding Corporation is a provider of securities brokerage services and related technology-based financial services. The Company provides its services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs. The Company's products and services include common and preferred stock, exchange-traded funds, options, futures, foreign exchange, mutual funds, fixed income, new and secondary issue securities, margin lending, cash management services and annuities. The Company uses its platform to offer brokerage services to retail investors and investment advisors. In addition, it also offers various products and services to retail clients, such as touch-tone trading, trading over the Internet, real-time quotes, extended trading hours and direct access to market destinations.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Investment Banking
- Sub-Industry: Investment Banking & Brokerage
- Symbol: NASDAQ:AMTD
- CUSIP: 87236Y10
- Web: www.amtd.com
- Market Cap: $23.89875 billion
- Outstanding Shares: 528,149,000
- 50 Day Moving Avg: $43.84
- 200 Day Moving Avg: $41.04
- 52 Week Range: $31.95 - $47.41
Sales & Book Value:
- Trailing P/E Ratio: 28.53
- Foreward P/E Ratio: 23.06
- P/E Growth: 1.51
- Annual Revenue: $3.46 billion
- Price / Sales: 6.97
- Book Value: $10.34 per share
- Price / Book: 4.41
- Annual Dividend: $0.72
- Dividend Yield: 1.6%
- Net Margins: 24.01%
- Return on Equity: 16.09%
- Return on Assets: 2.89%
- Debt-to-Equity Ratio: 0.47%
- Current Ratio: 1.16%
- Quick Ratio: 1.16%
- Average Volume: 2.42 million shs.
- Beta: 1.48
- Short Ratio: 4.6
Frequently Asked Questions for TD Ameritrade Holding Corporation (NASDAQ:AMTD)
What is TD Ameritrade Holding Corporation's stock symbol?
TD Ameritrade Holding Corporation trades on the NASDAQ under the ticker symbol "AMTD."
How often does TD Ameritrade Holding Corporation pay dividends? What is the dividend yield for TD Ameritrade Holding Corporation?
TD Ameritrade Holding Corporation declared a quarterly dividend on Tuesday, July 18th. Shareholders of record on Tuesday, August 1st will be given a dividend of $0.18 per share on Tuesday, August 15th. This represents a $0.72 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Friday, July 28th. View TD Ameritrade Holding Corporation's Dividend History.
How were TD Ameritrade Holding Corporation's earnings last quarter?
TD Ameritrade Holding Corporation (NASDAQ:AMTD) issued its quarterly earnings results on Tuesday, July, 18th. The company reported $0.44 EPS for the quarter, beating the Zacks' consensus estimate of $0.41 by $0.03. The firm had revenue of $931 million for the quarter, compared to analysts' expectations of $897.98 million. TD Ameritrade Holding Corporation had a return on equity of 16.09% and a net margin of 24.01%. TD Ameritrade Holding Corporation's revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the company posted $0.45 earnings per share. View TD Ameritrade Holding Corporation's Earnings History.
When will TD Ameritrade Holding Corporation make its next earnings announcement?
Where is TD Ameritrade Holding Corporation's stock going? Where will TD Ameritrade Holding Corporation's stock price be in 2017?
15 analysts have issued 1-year target prices for TD Ameritrade Holding Corporation's shares. Their predictions range from $36.50 to $50.00. On average, they expect TD Ameritrade Holding Corporation's share price to reach $44.75 in the next twelve months. View Analyst Ratings for TD Ameritrade Holding Corporation.
What are analysts saying about TD Ameritrade Holding Corporation stock?
Here are some recent quotes from research analysts about TD Ameritrade Holding Corporation stock:
- 1. According to Zacks Investment Research, "Shares of TD Ameritrade have outperformed the industry in the past year. Yet, the company’s earnings surprise history is not that impressive. It surpassed the Zacks Consensus Estimate for earnings in only one of the trailing four quarters. We remain cautious of the elevated costs, which are likely to weigh on the financials. However, the company recorded a rise in average client trades per day in the fiscal third quarter with the trend continuing in the first month of the current quarter, indicating trading activity improvement. Further, its deal to acquire Scottrade is likely to be accretive to earnings per share (EPS) in double digits. Also, TD Ameritrade’s steady capital deployment activities and revenue growth are encouraging. Moreover, easing margin pressure is another tailwind." (9/12/2017)
- 2. SunTrust Banks, Inc. analysts commented, "We reiterate our Buy ratings on AMTD shares following Fidelity Investments' announcement of a cut of its base commission rate to $4.95 per trade. Although the stocks are trading down on implications of a price war, we believe that the ultimate impact to the public e-brokers will be less than headlines suggest, due to a) high switching costs; b) high volume traders already pay much lower rates than the "rack rate"; and c) increased asset-based revenue (from higher interest rates) is the primary growth driver of the brokers, with commissions playing a diminishing role." (2/28/2017)
Are investors shorting TD Ameritrade Holding Corporation?
TD Ameritrade Holding Corporation saw a decline in short interest during the month of August. As of August 15th, there was short interest totalling 9,643,626 shares, a decline of 25.5% from the July 31st total of 12,943,328 shares. Based on an average daily volume of 2,666,499 shares, the days-to-cover ratio is presently 3.6 days. Currently, 2.0% of the shares of the stock are sold short.
Who are some of TD Ameritrade Holding Corporation's key competitors?
Who are TD Ameritrade Holding Corporation's key executives?
TD Ameritrade Holding Corporation's management team includes the folowing people:
- Joseph H. Moglia, Chairman of the Board
- Timothy D. Hockey, President, Chief Executive Officer, Director
- Stephen J. Boyle, Executive Vice President, Chief Financial Officer
- Ellen L. S. Koplow, Executive Vice President, General Counsel, Secretary
- J. Thomas Bradley Jr., Executive Vice President - Retail Distribution
- Thomas A. Nally, Executive Vice President, Institutional Services
- Steven Quirk, Executive Vice President, Trading and Education
- V. Ann Hailey, Director
- Brian Michael Levitt, Director
- Bharat B. Masrani, Director
Who owns TD Ameritrade Holding Corporation stock?
TD Ameritrade Holding Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Toronto Dominion Bank (42.22%), Janus Henderson Group PLC (3.86%), Baillie Gifford & Co. (3.68%), BlackRock Inc. (2.53%), Vanguard Group Inc. (2.51%) and FMR LLC (1.98%). Company insiders that own TD Ameritrade Holding Corporation stock include Brian M Levitt, Fredric J Tomczyk, Joseph H Moglia, Marvin W Adams, Steven M Quirk, Thomas A Nally and Thomas Bradley Jr. View Institutional Ownership Trends for TD Ameritrade Holding Corporation.
Who sold TD Ameritrade Holding Corporation stock? Who is selling TD Ameritrade Holding Corporation stock?
TD Ameritrade Holding Corporation's stock was sold by a variety of institutional investors in the last quarter, including Westpac Banking Corp, Boston Partners, JPMorgan Chase & Co., TIAA CREF Investment Management LLC, Lord Abbett & CO. LLC, Balyasny Asset Management LLC, Teachers Advisors LLC and Laurion Capital Management LP. View Insider Buying and Selling for TD Ameritrade Holding Corporation.
Who bought TD Ameritrade Holding Corporation stock? Who is buying TD Ameritrade Holding Corporation stock?
TD Ameritrade Holding Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, RPTC Inc., FMR LLC, BT Investment Management Ltd, TimesSquare Capital Management LLC, Russell Investments Group Ltd., Ameriprise Financial Inc. and Vanguard Group Inc.. View Insider Buying and Selling for TD Ameritrade Holding Corporation.
How do I buy TD Ameritrade Holding Corporation stock?
Shares of TD Ameritrade Holding Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TD Ameritrade Holding Corporation's stock price today?
MarketBeat Community Rating for TD Ameritrade Holding Corporation (NASDAQ AMTD)MarketBeat's community ratings are surveys of what our community members think about TD Ameritrade Holding Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of TD Ameritrade Holding Corporation stock can currently be purchased for approximately $45.65.
Consensus Ratings for TD Ameritrade Holding Corporation (NASDAQ:AMTD) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||6 Hold Ratings, 9 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$44.75 (1.97% downside)|
Analysts' Ratings History for TD Ameritrade Holding Corporation (NASDAQ:AMTD)
(Data available from 9/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/25/2017||Morgan Stanley||Reiterated Rating||Equal Weight||$40.00 -> $43.00||Medium|
|7/19/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||$46.00 -> $50.00||Low|
|7/14/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$44.50||Low|
|7/13/2017||Instinet||Reiterated Rating||Buy||$50.00 -> $49.00||Low|
|7/13/2017||Nomura||Lower Price Target||Buy||$50.00 -> $49.00||Low|
|7/13/2017||Rosenblatt Securities||Initiated Coverage||Buy -> Buy||$50.00||Low|
|6/19/2017||Jefferies Group LLC||Boost Price Target||Hold||$40.00 -> $48.00||Low|
|5/15/2017||Deutsche Bank AG||Reiterated Rating||Hold||$37.00 -> $39.00||Medium|
|5/15/2017||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||High|
|4/13/2017||Credit Suisse Group||Reiterated Rating||Buy||$48.00||Medium|
|4/6/2017||Buckingham Research||Upgrade||Neutral -> Buy||Medium|
|12/13/2016||Sandler O'Neill||Reiterated Rating||Buy||N/A|
|10/23/2016||Citigroup Inc.||Reiterated Rating||Neutral||$36.50||N/A|
|10/13/2016||Barclays PLC||Boost Price Target||Equal Weight||$32.00 -> $37.00||N/A|
|10/13/2016||Bank of America Corporation||Upgrade||Neutral -> Buy||$43.00||N/A|
|4/20/2016||Piper Jaffray Companies||Boost Price Target||Neutral||$35.00 -> $36.00||N/A|
|4/19/2016||Goldman Sachs Group, Inc. (The)||Lower Price Target||Neutral||$35.00 -> $34.00||N/A|
|4/19/2016||Compass Point||Lower Price Target||Neutral||$32.00 -> $31.00||N/A|
|3/9/2016||Raymond James Financial, Inc.||Lower Price Target||$37.00 -> $35.00||N/A|
|1/7/2016||Evercore ISI||Lower Price Target||$39.00 -> $37.00||N/A|
Earnings History for TD Ameritrade Holding Corporation (NASDAQ:AMTD)Earnings History by Quarter for TD Ameritrade Holding Corporation (NASDAQ AMTD)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/18/2017||Q3 2017||$0.41||$0.44||$897.98 million||$931.00 million||View||N/A|
|4/19/2017||Q2 2017||$0.41||$0.40||$882.25 million||$904.00 million||View||N/A|
|1/18/2017||Q117||$0.41||$0.41||$860.12 million||$859.00 million||View||N/A|
|10/24/2016||Q416||$0.38||$0.35||$838.27 million||$829.00 million||View||Listen|
|7/19/2016||Q316||$0.38||$0.39||$829.63 million||$838.00 million||View||Listen|
|4/19/2016||Q216||$0.38||$0.38||$857.35 million||$846.00 million||View||Listen|
|1/20/2016||Q116||$0.36||$0.39||$811.55 million||$812.00 million||View||Listen|
|10/27/2015||Q415||$0.40||$0.40||$836.08 million||$831.00 million||View||Listen|
|7/21/2015||Q315||$0.36||$0.36||$797.85 million||$794.00 million||View||Listen|
|4/21/2015||Q215||$0.36||$0.35||$822.15 million||$803.00 million||View||N/A|
|1/21/2015||Q115||$0.40||$0.39||$831.10 million||$819.00 million||View||N/A|
|10/28/2014||Q414||$0.36||$0.38||$771.60 million||$795.00 million||View||N/A|
|7/22/2014||Q314||$0.34||$0.34||$767.65 million||$763.00 million||View||N/A|
|4/23/2014||Q214||$0.34||$0.35||$799.80 million||$812.00 million||View||N/A|
|1/21/2014||Q114||$0.33||$0.35||$734.98 million||$752.00 million||View||N/A|
|10/29/2013||Q413||$0.34||$0.36||$701.23 million||$709.00 million||View||N/A|
|7/23/2013||Q3 2013||$0.31||$0.33||$705.99 million||$725.00 million||View||N/A|
|4/16/2013||Q2 2013||$0.26||$0.26||$674.98 million||$679.00 million||View||N/A|
|1/22/2013||Q1 2013||$0.24||$0.27||$632.48 million||$651.00 million||View||N/A|
|10/29/2012||Q412||$0.25||$0.26||$641.94 million||$647.00 million||View||N/A|
Earnings Estimates for TD Ameritrade Holding Corporation (NASDAQ:AMTD)
2017 EPS Consensus Estimate: $1.70
2018 EPS Consensus Estimate: $2.04
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for TD Ameritrade Holding Corporation (NASDAQ:AMTD)
|Most Recent Dividend:||8/15/2017|
|Payout Ratio:||45.00% (Trailing 12 Months of Earnings) |
42.35% (Based on This Year's Estimates)
36.36% (Based on Next Year's Estimates)
Dividend History by Quarter for TD Ameritrade Holding Corporation (NASDAQ AMTD)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for TD Ameritrade Holding Corporation (NASDAQ:AMTD)
Insider Ownership Percentage: 0.42%Insider Trades by Quarter for TD Ameritrade Holding Corporation (NASDAQ:AMTD)
Institutional Ownership Percentage: 93.52%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/14/2017||Joseph H Moglia||Director||Sell||15,000||$44.66||$669,900.00|| |
|6/15/2017||Joseph H Moglia||Director||Sell||10,000||$40.45||$404,500.00|| |
|3/15/2017||Joseph H Moglia||Director||Sell||20,000||$39.18||$783,600.00|| |
|1/26/2017||Joseph H Moglia||Director||Sell||20,000||$47.00||$940,000.00|| |
|10/26/2016||Brian M Levitt||Director||Buy||5,000||$33.87||$169,350.00|| |
|6/3/2016||Fredric J Tomczyk||CEO||Sell||10,000||$31.28||$312,800.00|| |
|6/2/2016||Fredric J Tomczyk||CEO||Sell||40,000||$32.63||$1,305,200.00|| |
|5/31/2016||Fredric J Tomczyk||CEO||Sell||50,000||$32.39||$1,619,500.00|| |
|4/22/2016||Thomas A Nally||EVP||Sell||31,253||$31.77||$992,907.81|| |
|12/4/2015||Steven M Quirk||EVP||Sell||22,138||$36.94||$817,777.72|| |
|12/1/2015||Thomas Bradley Jr||EVP||Sell||36,682||$36.52||$1,339,626.64|| |
|11/27/2015||Marvin W Adams||COO||Sell||69,468||$36.66||$2,546,696.88|| |
|9/12/2014||Fredric J Tomczyk||CEO||Sell||125,000||$32.89||$4,111,250.00|| |
|9/11/2014||Fredric J Tomczyk||CEO||Sell||29,349||$32.80||$962,647.20|| |
|9/10/2014||Fredric J Tomczyk||CEO||Sell||60,000||$32.79||$1,967,400.00|| |
|9/10/2014||Joseph H Moglia||Director||Sell||100,000||$32.72||$3,272,000.00|| |
|9/10/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||419,657||$32.69||$13,718,587.33|| |
|9/9/2014||Fredric J Tomczyk||CEO||Sell||75,000||$32.60||$2,445,000.00|| |
|9/9/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||617,500||$32.63||$20,149,025.00|| |
|9/8/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||312,500||$32.65||$10,203,125.00|| |
|9/5/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||395,000||$32.64||$12,892,800.00|| |
|9/3/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||405,143||$32.96||$13,353,513.28|| |
|8/29/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||162,700||$33.07||$5,380,489.00|| |
|8/22/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||410,290||$32.78||$13,449,306.20|| |
|8/21/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||332,828||$32.78||$10,910,101.84|| |
|8/20/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||708,600||$32.43||$22,979,898.00|| |
|8/18/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||396,310||$32.24||$12,777,034.40|| |
|8/14/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||484,800||$32.34||$15,678,432.00|| |
|8/13/2014||M. Ricketts 1994 Dynas Marlene||Major Shareholder||Sell||174,800||$32.40||$5,663,520.00|| |
|6/20/2014||Joseph H Moglia||Director||Sell||120,000||$31.13||$3,735,600.00|| |
|5/27/2014||Marvin W Adams||COO||Sell||38,435||$30.40||$1,168,424.00|| |
|4/25/2014||Joseph Moglia||Director||Sell||27,288||$32.25||$880,038.00|| |
|3/6/2014||Joseph Moglia||Director||Sell||54,572||$34.25||$1,869,091.00|| |
|2/13/2014||Luxembourg International Ho Td||major shareholder||Sell||4,000,000||$32.05||$128,200,000.00|| |
|1/24/2014||Joseph Moglia||Director||Sell||106,753||$32.60||$3,480,147.80|| |
|1/22/2014||Joseph Moglia||Director||Sell||11,387||$33.97||$386,816.39|| |
|1/16/2014||Joseph Moglia||Director||Sell||21,889||$31.51||$689,722.39|| |
|1/13/2014||Joseph Moglia||Director||Sell||17,008||$30.96||$526,567.68|| |
|1/8/2014||Joseph Moglia||Director||Sell||14,800||$30.71||$454,508.00|| |
|1/3/2014||Joseph Moglia||Director||Sell||26,308||$30.53||$803,183.24|| |
|12/30/2013||Joseph Moglia||Director||Sell||20,754||$30.26||$628,016.04|| |
|12/24/2013||Joseph Moglia||Director||Sell||35,978||$30.32||$1,090,852.96|| |
|12/19/2013||Joseph Moglia||Director||Sell||63,263||$30.29||$1,916,236.27|| |
|9/6/2013||J Peter Ricketts||Director||Sell||40,000||$26.41||$1,056,400.00|| |
|7/18/2013||Joseph H Moglia||Director||Sell||2,223||$26.06||$57,931.38|| |
|7/16/2013||Joseph H Moglia||Director||Sell||12,800||$26.08||$333,824.00|| |
|7/11/2013||Joseph H Moglia||Director||Sell||23,400||$26.29||$615,186.00|| |
|7/9/2013||Joseph H Moglia||Director||Sell||71,477||$25.75||$1,840,532.75|| |
|6/27/2013||Joseph H Moglia||Director||Sell||10,405||$24.16||$251,384.80|| |
|6/25/2013||J Joe Ricketts||Major Shareholder||Sell||2,411,397||$24.00||$57,873,528.00|| |
|6/20/2013||J Joe Ricketts||Major Shareholder||Sell||1,467,554||$24.03||$35,265,322.62|| |
|6/20/2013||Joseph H Moglia||Director||Sell||8,468||$24.13||$204,332.84|| |
|6/19/2013||J Joe Ricketts||Major Shareholder||Sell||3,504,571||$24.06||$84,319,978.26|| |
|6/19/2013||Joseph H Moglia||Director||Sell||21,580||$24.11||$520,293.80|| |
|6/11/2013||J Joe Ricketts||Major Shareholder||Sell||533,915||$24.00||$12,813,960.00|| |
|6/11/2013||Joseph H Moglia||Director||Sell||8,200||$24.01||$196,882.00|| |
|6/10/2013||J Joe Ricketts||Major Shareholder||Sell||2,444,244||$24.01||$58,686,298.44|| |
|5/31/2013||J Joe Ricketts||Major Shareholder||Sell||388,319||$24.00||$9,319,656.00|| |
|5/30/2013||Joseph H Moglia||Director||Sell||51,200||$23.17||$1,186,304.00|| |
|5/16/2013||Joseph H Moglia||Director||Sell||3,118||$22.37||$69,749.66|| |
|5/15/2013||Joseph H Moglia||Director||Sell||46,882||$22.50||$1,054,845.00|| |
|2/27/2013||Joseph H Moglia||Director||Sell||413,946||$19.06||$7,889,810.76|| |
|12/4/2012||J Joe Ricketts||Major Shareholder||Sell||1,500,000||$16.22||$24,330,000.00|| |
Headline Trends for TD Ameritrade Holding Corporation (NASDAQ:AMTD)
Latest Headlines for TD Ameritrade Holding Corporation (NASDAQ:AMTD)
TD Ameritrade Holding Corporation (AMTD) Chart for Tuesday, September, 19, 2017