Headlines about TD Ameritrade (NASDAQ:AMTD) have been trending negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. TD Ameritrade earned a news impact score of -2.00 on their scale. InfoTrie also assigned media coverage about the financial services provider an news buzz score of 6 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have impacted TD Ameritrade’s score:
Several research firms have recently commented on AMTD. Bank of America set a $67.00 price target on shares of TD Ameritrade and gave the stock a “buy” rating in a research report on Wednesday, July 25th. Citigroup upped their price target on shares of TD Ameritrade from $55.00 to $56.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 24th. BidaskClub lowered shares of TD Ameritrade from a “buy” rating to a “hold” rating in a research report on Friday, August 10th. Keefe, Bruyette & Woods restated a “buy” rating and set a $68.50 price target on shares of TD Ameritrade in a research report on Tuesday, July 24th. Finally, Barclays upped their price target on shares of TD Ameritrade from $73.00 to $75.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 25th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have given a buy rating to the company’s stock. TD Ameritrade has a consensus rating of “Buy” and a consensus target price of $63.45.
AMTD traded up $1.11 on Wednesday, reaching $53.32. The company had a trading volume of 1,767,425 shares, compared to its average volume of 2,636,376. The firm has a market capitalization of $29.56 billion, a PE ratio of 15.59, a P/E/G ratio of 0.59 and a beta of 1.23. The company has a quick ratio of 1.13, a current ratio of 1.17 and a debt-to-equity ratio of 0.32. TD Ameritrade has a one year low of $47.70 and a one year high of $63.01.
TD Ameritrade (NASDAQ:AMTD) last announced its earnings results on Monday, October 22nd. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.04. The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.39 billion. TD Ameritrade had a net margin of 27.02% and a return on equity of 24.54%. TD Ameritrade’s revenue was up 42.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 EPS. On average, equities analysts expect that TD Ameritrade will post 3.93 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 20th. Investors of record on Tuesday, November 6th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Monday, November 5th. This is a positive change from TD Ameritrade’s previous quarterly dividend of $0.21.
In related news, EVP Peter J. Desilva bought 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 21st. The stock was purchased at an average price of $56.73 per share, for a total transaction of $283,650.00. Following the transaction, the executive vice president now directly owns 24,000 shares of the company’s stock, valued at approximately $1,361,520. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.44% of the company’s stock.
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TD Ameritrade Company Profile
TD Ameritrade Holding Corporation provides securities brokerage and related technology-based financial services to retail investors, traders, and independent registered investment advisors (RIAs) in the United States. Its products and services include tdameritrade.com, a Web platform for self-directed retail investors; Trade Architect, a Web-based platform for investors and traders to identify opportunities and stay informed; thinkorswim, a desktop platform for traders; and TD Ameritrade Mobile, which allows on-the-go investors and traders to trade and monitor accounts.
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