Equities research analysts predict that TD Ameritrade Holding Corporation (NASDAQ:AMTD) will post earnings per share of $0.45 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for TD Ameritrade Holding Corporation’s earnings, with the lowest EPS estimate coming in at $0.43 and the highest estimate coming in at $0.47. TD Ameritrade Holding Corporation posted earnings of $0.35 per share in the same quarter last year, which indicates a positive year over year growth rate of 28.6%. The business is expected to report its next quarterly earnings results on Monday, October 23rd.

On average, analysts expect that TD Ameritrade Holding Corporation will report full year earnings of $1.69 per share for the current year, with EPS estimates ranging from $1.65 to $1.73. For the next year, analysts expect that the firm will report earnings of $2.00 per share, with EPS estimates ranging from $1.87 to $2.13. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that follow TD Ameritrade Holding Corporation.

TD Ameritrade Holding Corporation (NASDAQ:AMTD) last issued its quarterly earnings data on Tuesday, July 18th. The financial services provider reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. TD Ameritrade Holding Corporation had a return on equity of 16.09% and a net margin of 24.01%. The firm had revenue of $931 million during the quarter, compared to analyst estimates of $897.98 million. During the same quarter last year, the firm earned $0.45 EPS. TD Ameritrade Holding Corporation’s quarterly revenue was up 11.1% on a year-over-year basis.

Several equities analysts recently issued reports on AMTD shares. Deutsche Bank AG lowered their price target on TD Ameritrade Holding Corporation from $40.00 to $39.00 and set a “hold” rating on the stock in a research note on Tuesday, April 18th. BidaskClub upgraded TD Ameritrade Holding Corporation from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 29th. SunTrust Banks, Inc. restated a “buy” rating and set a $50.00 price target (up from $46.00) on shares of TD Ameritrade Holding Corporation in a research note on Wednesday, July 19th. Morgan Stanley restated an “equal weight” rating and set a $43.00 price target (up from $40.00) on shares of TD Ameritrade Holding Corporation in a research note on Tuesday, July 25th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $44.50 price target on shares of TD Ameritrade Holding Corporation in a research note on Friday, July 14th. Eight equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $44.47.

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Shares of TD Ameritrade Holding Corporation (NASDAQ AMTD) traded up 0.50% on Friday, hitting $43.82. The stock had a trading volume of 1,330,402 shares. The firm’s 50-day moving average is $44.75 and its 200 day moving average is $41.08. TD Ameritrade Holding Corporation has a 1-year low of $30.85 and a 1-year high of $47.41. The stock has a market cap of $23.14 billion, a P/E ratio of 27.39 and a beta of 1.48.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Friday, July 28th. TD Ameritrade Holding Corporation’s dividend payout ratio (DPR) is currently 45.00%.

In other news, Director Joseph H. Moglia sold 10,000 shares of the stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $40.45, for a total value of $404,500.00. Following the transaction, the director now owns 170,000 shares of the company’s stock, valued at approximately $6,876,500. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.42% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of AMTD. Bronfman E.L. Rothschild L.P. increased its position in TD Ameritrade Holding Corporation by 1.0% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 4,394 shares of the financial services provider’s stock worth $171,000 after buying an additional 44 shares during the period. World Asset Management Inc increased its stake in shares of TD Ameritrade Holding Corporation by 0.6% in the second quarter. World Asset Management Inc now owns 11,627 shares of the financial services provider’s stock valued at $500,000 after buying an additional 66 shares during the last quarter. Valley National Advisers Inc. increased its stake in shares of TD Ameritrade Holding Corporation by 6.1% in the first quarter. Valley National Advisers Inc. now owns 3,247 shares of the financial services provider’s stock valued at $126,000 after buying an additional 188 shares during the last quarter. Pacer Advisors Inc. increased its stake in shares of TD Ameritrade Holding Corporation by 3.3% in the first quarter. Pacer Advisors Inc. now owns 6,061 shares of the financial services provider’s stock valued at $236,000 after buying an additional 192 shares during the last quarter. Finally, Federated Investors Inc. PA increased its stake in shares of TD Ameritrade Holding Corporation by 5.1% in the second quarter. Federated Investors Inc. PA now owns 4,054 shares of the financial services provider’s stock valued at $174,000 after buying an additional 198 shares during the last quarter. 90.94% of the stock is currently owned by institutional investors.

TD Ameritrade Holding Corporation Company Profile

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.

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Earnings History and Estimates for TD Ameritrade Holding Corporation (NASDAQ:AMTD)

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