AMTD - TD Ameritrade Holding Corporation
| Previous Close | 37.27 |
| Open | 37.63 |
| Bid | 0.00 x 1000 |
| Ask | 38.99 x 1000 |
| Day's Range | 37.28 - 38.26 |
| 52 Week Range | 27.70 - 53.99 |
| Volume | 2,910,272 |
| Avg. Volume | 4,852,839 |
| Market Cap | 20.636B |
| Beta (5Y Monthly) | 1.24 |
| PE Ratio (TTM) | 10.83 |
| EPS (TTM) | 3.52 |
| Earnings Date | Jul. 20, 2020 - Jul. 24, 2020 |
| Forward Dividend & Yield | 1.24 (3.25%) |
| Ex-Dividend Date | May 05, 2020 |
| 1y Target Est | 37.81 |
- Business Wire
TD Ameritrade Adds thinkorswim Web for Seamless Online Trading Experience
TD Ameritrade is bringing its award-winning thinkorswim® trading platform to your web browser with thinkorswim Web, a new addition to the thinkorswim suite of platforms. Retail traders can now access thinkorswim equity and derivative trading from any modern internet browser on a new streamlined platform.
- Zacks
Why Is TD Ameritrade (AMTD) Down 7.2% Since Last Earnings Report?
TD Ameritrade (AMTD) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Bloomberg
Bored Day Traders Locked at Home Are Now Obsessed With Options
(Bloomberg) -- Forget buy-and hold. Stuck at home and dreaming of a killing, bored retail traders are branching out into all manner of Wall Street exotica.Darting in and out of stock options, dabbling in complicated exchange-traded funds, devouring trading how-to books by the dozen -- all have become tools in the self-directed portfolio playbook. Locked down and socially distant with lots of time and (apparently) money to spare, they’re leveraging zero-percent brokerage fees in new and surprising ways.Big shock: Wall Street says it will end badly.“Obviously you’re exposing yourself, depending on how you’re doing it, to catastrophic loss,” said Brian Nick, chief investment strategist at Nuveen. “If you get a lot of investors in either individual securities, companies or investment strategies that they may not have experience with, it could lead to unhappy investors down the road.”Whatever the advisability, individual investors have been a rising force in the $6 trillion stock rebound. Contrary to old-school theories that mom and pop bail at times of market crisis, they piled in this year, lured by free trading and, probably, boredom, with casinos closed and sports betting halted. Besides fretting about its prudence, analysts worry the dynamic is delaying the type of retail-investor washout that many consider necessary to end a serious bear market.The fingerprints of tiny investors are all over the options market. Trades consisting of just one contract now account for 13% of total volume, according to Goldman Sachs Group Inc. analysts led by John Marshall. That supports a view that “individual investor active trading is playing an increased role in market volatility.” In some popular stocks, like Chipotle Mexican Grill Inc. and Alphabet Inc., small options trades account for nearly a third of total volume.Many of the trades are quick ones. Chris Murphy, Susquehanna International Group’s co-head of derivatives strategy, calls the phenomenon “message board trading,” one-day round trips where an investor both opens and closes the position in the same session. Such activity is exploding, especially in stocks like Apple Inc., Stitch Fix Inc. and TripAdvisor Inc.TD Ameritrade Holding Corp. has seen client engagement soar, with requests flooding in for new investing strategies. Visits to the brokerage’s “Education Center” hit an all-time high in April, up 280% from the year prior, with clients downloading explanatory videos and online courses. The most popular classes included stock fundamentals and options trading. Clients gravitated to content showing how to buy and sell stocks using mobile apps, and also on covered calls -- a type of options strategy.“People are still trying to learn to do this better,” said JJ Kinahan, the chief market strategist at TD Ameritrade. “People are just saying, ‘OK, retail is going in and being crazy.’ Well, I think the fact is retail is trading more because they have more time. People actually have time to do so, and that’s why they are more interested.”Driver-Turned-TraderThat’s been true for Ameer Umarov, a cab driver in Arizona with an interest in math and a passion for video games. Months ago, when he realized the coronavirus was growing into a global health crisis, he reactivated his Amazon.com account to make some purchases. Not for masks or hand sanitizer -- for books on stock trading. Two a week, at one point.When equities started surging in late March, Umarov stayed away, scared by the volatility. He was ready to act by the first week of April. He bought shares of Boeing Co., a bad decision that set him back more than $4,000. But a stake in Halliburton Co. brought him $9,800, after he sold shares on the day of a 16% rally late last month. A few other purchases -- Goldman Sachs and Micron Technology Inc., among them -- yielded mixed results. All told, Umarov is down some $400 since he began.“It’s a gamble, but a highly intellectual gamble,” he said by phone. “It’s about knowledge and risk, but especially for guys like me, it’s all about sheer luck.”This month, he stopped buying books and instead signed up for a virtual trading boot-camp. He paid $4,100 for two days of 8 a.m. to 4 p.m. classes, where he learned about concepts like support, resistance, and trading on gaps. To Umarov, the course is a long-term investment, and he’s decided eventually he wants to make trading his full-time job.“I have no idea how it’s going to go,” he said. “But it will be stupid not to try.”Arbitrage ChatroomChris Camillo isn’t your typical retail trader. He starting investing when he was 13 years old. Now 45 in Dallas, he’s turned the original hobby into a full-time job, he says, and created quite the community -- aided by claims of mammoth gains in his TD Ameritrade portfolio. All the while, he was hosting live shows on YouTube, each episode drawing as many as 6,000 viewers, where he explains his method -- what he calls “social arb” trading.On Tuesday he created a chatroom through the site Discord to develop a hub for conversation. It already has over 500 members -- many of them younger.“And, hey, it took a pandemic, but it was already happening before this with Wall Street Bets and cryptocurrency,” Camillo said by phone. “Now they’re wanting to go one layer deeper. OK I did that, I did crypto, OK now I own Tesla, I get it. But there has to be more to investing than just Tesla.”Short on money? Next month Charles Schwab Corp. will allow investors to buy fractions of shares through a mechanism called “slices.” Retail trading platforms Robinhood and Social Finance, popular with investors in their 20s, have launched similar products in the past two years. While many cheer the convenience, some fear it will awaken animal spirits among young investors that aren’t ready for it.“It’s good to get people involved in investing earlier in an efficient way that meets their asset scale,” said Benn Eifert, chief investment officer of QVR Advisors. “From my perspective, the difference is, are you channeling them into the gameification of day trading, into over-confidence, into getting involved in things you don’t understand, or are you channeling that into long-term planning and asset allocation?”The number of investors at Robinhood currently holding the U.S. Oil Fund, the biggest exchange-traded fund invested in oil, stands at 171,000, 20 times the number of users that held the fund in early March, according to website Robintrack, which uses Robinhood’s data to show trends in positioning but isn’t affiliated with it. The popularity of the fund only increased after negative oil prices captivated and confused traders.This past week, FINRA -- a government-authorized non-profit that oversees broker-dealers -- issued a notice on oil-linked exchange-traded products, saying they provide exposure to the oil market through product structures that some investors may not understand. The non-profit called for the ETPs to have a “fair and accurate” communication with the public.“There is a long, documented history of retail investors chasing a handful of story stocks and then getting burned,” said James Pillow, managing director at Moors & Cabot Inc. “We humans love a good narrative. I cannot imagine this time around ending any different.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- ACCESSWIRE
INVESTOR ALERT: Monteverde & Associates PC is Investigating the Following Mergers
NEW YORK, NY / ACCESSWIRE / May 19, 2020 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
- Motley Fool
Is Charles Schwab Stock a Buy?
This will benefit the industry behemoths like Charles Schwab (NYSE: SCHW). The asset manager and brokerage firm has been active on the M&A front and made one of the biggest acquisitions in the space last year, purchasing one of its main brokerage competitors, TD Ameritrade (NASDAQ: AMTD), for $26 billion. Schwab is down about 25% year to date but has outperformed the financial sector.
- GlobeNewswire
(AMTD) Merger Voting Alert: Johnson Fistel Investigates Proposed Sale of TD Ameritrade; Are Shareholders Getting a Fair Deal?
SAN DIEGO, May 07, 2020 -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of TD Ameritrade Holding Corporation.
- Business Wire
TD Ameritrade Investor Movement Index: IMX Continues Drop in April
The Investor Movement Index® (IMXSM) decreased to 3.90 in April, down 6.25 percent from its March score of 4.16. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets.
- Business Wire
Uncertain Times Are Lined with Opportunities for RIAs to Shine, TD Ameritrade Institutional Analysis Reveals
New TD Ameritrade Institutional data: best business practices for independent financial advisors and lessons learned from 2008 financial crisis
- Business Wire
TD Ameritrade Named One of Fortune’s 2020 Best Workplaces
TD Ameritrade Named One of Fortune’s 2020 Best Workplaces
- Reuters
Brokerages restrict clients on positions they can take in oil
The U.S. oil futures market was rocked at the start of this week as a growing glut of supply and weak demand put fund managers and retail investors in the position of potentially having to take possession of thousands of barrels of crude that they would not be able to store anywhere. TD Ameritrade told customers it would only allow closing trades in June and July U.S. crude futures contracts as well as in all U.S. crude options contracts. Two other brokerages, London-based Marex Spectron and INTL FCStone, said they were limiting new positions being taken up after the high-volatility trading on Monday delivered big losses to holders of that contract.
- Zacks
TD Ameritrade's (AMTD) Q2 Earnings Miss, Revenues Climb
TD Ameritrade's (AMTD) Q2 (ending Mar 31) earnings underline higher expenses, partly offset by elevated revenues aided by increase in average client trades per day.
- Zacks
TD Ameritrade (AMTD) Q2 Earnings Miss Estimates
TD Ameritrade (AMTD) delivered earnings and revenue surprises of -2.27% and 3.91%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- Business Wire
TD Ameritrade Reports Second Quarter Fiscal 2020 Results
TD Ameritrade Holding Corporation (Nasdaq: AMTD) has released results for the second quarter of fiscal 2020.
- Business Wire
New York Metro Superlawyer Lynda J. Grant Files Class Action Suit Against TD Ameritrade
TheGrantLawFirm Files A Proxy Case Against TD Ameritrade and Charles Schwab.
- Zacks
Earnings Preview: TD Ameritrade (AMTD) Q2 Earnings Expected to Decline
TD Ameritrade (AMTD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- ACCESSWIRE
SHAREHOLDER ALERT: Monteverde & Associates PC is Investigating the Following Buyout
NEW YORK, NY / ACCESSWIRE / April 10, 2020 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New ...
- Business Wire
TD Ameritrade to Announce Fiscal Second Quarter Earnings
TD Ameritrade Holding Corporation (Nasdaq: AMTD) will release its fiscal second quarter 2020 earnings on Wednesday, April 22, 2020.
- GlobeNewswire
Rigrodsky & Long, P.A. Files Class Action Suit Against TD Ameritrade Holding Corporation
WILMINGTON, Del., April 07, 2020 -- Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of.
- Business Wire
More Schools, More Diversity: TD Ameritrade Institutional Announces the 8th Annual NextGen Scholarships & Grants
TD Ameritrade Institutional announces 8th annual Next Generation Financial Planning Scholarships and Grants Program.
- Business Wire
TD Ameritrade Investor Movement Index: IMX Hits Seven-Year Low in March
The Investor Movement Index® (IMXSM) decreased to 4.16 in March, down 19.38 percent from its February score of 5.16. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets.
- ACCESSWIRE
STOCKHOLDER ALERT: Monteverde & Associates PC is Investigating the Following Buyout
NEW YORK, NY / ACCESSWIRE / April 3, 2020 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
- GlobeNewswire
CSFL, AMTD, and IOTS SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Buyouts
WILMINGTON, Del., April 03, 2020 -- Rigrodsky & Long, P.A. announces that it is investigating: CenterState Bank Corporation (NASDAQ GS: CSFL) regarding possible breaches.
- Zacks
The Zacks Analyst Blog Highlights: Charles Schwab, E*TRADE Financial, TD Ameritrade, Interactive Brokers and Morgan Stanley
The Zacks Analyst Blog Highlights: Charles Schwab, E*TRADE Financial, TD Ameritrade, Interactive Brokers and Morgan Stanley
- GlobeNewswire
Are Shareholders Getting a Fair Deal? Halper Sadeh LLP Investigates the Sale of These Companies – AMTD, FSB, CSFL, OPB
NEW YORK, March 17, 2020 -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate whether the following proposed mergers are fair to shareholders..
- Business Wire
TD Ameritrade Institutional Hosts Virtual Event Series and Opens Access to Free Education Resources to Help Any and All Advisors Navigate Coronavirus Crisis
As coronavirus roils markets and disrupts lives, TD Ameritrade Institutional is offering a new webcast series and e-learning courses to help advisors
