|Bid||36.80 x 1100|
|Ask||36.88 x 3000|
|Day's Range||36.10 - 37.07|
|52 Week Range||32.69 - 57.88|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||9.78|
|Earnings Date||Oct 21, 2019|
|Forward Dividend & Yield||1.20 (3.33%)|
|1y Target Est||36.10|
Shares of SmileDirectClub are down almost 60% since a September IPO. The next challenge for the company is fending off angry dentists.
E*TRADE's (ETFC) Q3 performance displays a rise in non-interest income, a benefit to provision for loan losses and improved DARTs, partly muted by fall in net interest income and higher expenses.
Chuck Schwab, founder and chairman of the Charles Schwab Corp. is taking a victory lap. As the man who helped launch the discount brokerage revolution after the Securities and Exchange Commission dismantled the system of fixed-price commissions on stock trades way back in 1975, his firms decision to cut commissions to $0 is just “completing the path” he began more than 40 years ago, he said at an event for his new book “Invested” in New York Thursday. “Wall Street wouldn’t have done this, let me assure you,” Schwab said.
Even with Charles Schwab, Vanguard, E*Trade, TD Ameritrade, and Fidelity cutting many trading commissions to zero, many mutual funds will still have associated trading fees.
While thousands of mutual funds can be traded without transaction fees, in many cases, investors will still pay fees that can run as high as $75 per trade even as the major discount brokers eliminate their other trading commissions.
The discount brokerage firm continues to power ahead despite competition that has driven commissions on trading stocks to zero.
Personal financial planning is a fulfilling, flexible, and financially rewarding career path – and one that is largely overlooked by job-seekers. To better understand the challenges RIAs face in attracting and developing new talent, TD Ameritrade Institutional surveyed more than 2,000 advisors, students, career-changers and university program directors to learn more about what current job seekers look for in a career and the recruiting headwinds RIAs may face. The research set out to measure the overall awareness, familiarity and sentiment of these key groups toward the RIA career path.
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.
While it’s far from being the worst hit I’ve taken, it’s never fun when you essentially wipe an entire week of profits from your trading account. Instead, I want to zoom out a bit further and look at the broader aim of day trading and how the daily pressure to turn a profit and make the best financial decisions possible can sometimes lead you to overlook important details, even when they’re right in front of your face. What really got me started thinking this way were last week’s announcements from the major brokerages that they were all dropping commission fees.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of TD Ameritrade Holding Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's assessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers, which was followed by a rating committee. The updated key rating considerations and principal methodology(ies) used were explained in Moody's rating action press release dated 04 October 2019.
Fidelity joined Charles Schwab and other online brokers in offering zero-fee stock trades while touting higher yields for cash balances. Schwab stock rose.
Is TD Ameritrade Holding Corp. (NASDAQ:AMTD) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise […]
TD Ameritrade Holding Corporation (NASDAQ:AMTD) saw significant share price movement during recent months on the...
(Bloomberg) -- Investors can “breathe a sigh of relief” as Fidelity Investments matched rivals instead of escalating a recent price war, according to Morgan Stanley.Shares of TD Ameritrade Holding Corp. rose as much as 2.8% in Thursday morning trading, while Charles Schwab Corp. gained 2.3% and E*Trade Financial Corp. climbed 3.4%. TD Ameritrade has plunged 29% in the past month, while Schwab and E*Trade have both tumbled 13%, as brokers gave up on commissions.“Product pricing is now in-line across e-brokers and Fidelity and removes a near-term overhang,” Morgan Stanley analyst Michael Cyprys wrote in a note. He flagged Fidelity leaving its contract fee on options at 65c per contract, and said, “fears around margin lending going to zero are well overdone.”Cyprys added that Fidelity highlighting its money fund sweep option, which pays a higher yield on customer cash balances than bank sweep offerings at Schwab, TD Ameritrade and E*Trade isn’t new. “They’ve been touting this for a while now, and concerns around this are already reflected in the price for Schwab,” he said.Read more: Schwab, E*Trade Fall as Fidelity Directs Cash to High YieldsFidelity said Thursday it will offer zero commissions for online buying and selling of U.S. stocks, exchange-traded funds and options, and also provide higher yields for cash balances and better trade execution. The move came after four major industry players rolled out commission-free stock and ETF trading:Interactive Brokers Group Inc. announced commission-free stock and ETF trading in late SeptemberSchwab and TD Ameritrade then slashed trading fees to zero on Oct. 1E*Trade joined its rivals and cut commissions to zero the next dayFidelity’s price cut may have other impacts as well, according to Bloomberg Intelligence analyst David Ritter:“Fidelity’s move to free online trades may spur Schwab to cease accepting payments for order flow (1% of net revenue), likely improving prices received by clients and enhancing its appeal. We think the company is also likely to default to higher interest-bearing options for customers’ cash balances.”Last week, Cyprys said that he saw a higher probability Fidelity would reduce prices after E*Trade, TD Ameritrade and Schwab slashed commissions to zero.Read more: Schwab Triggers Online-Broker Bloodbath as Price War Deepen(Updates share trading in second paragraph. Adds commentary from Bloomberg Intelligence in the penultimate paragraph.)To contact the reporter on this story: Felice Maranz in New York at email@example.comTo contact the editors responsible for this story: Catherine Larkin at firstname.lastname@example.org, Brad OlesenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.