|Bid||57.00 x 1200|
|Ask||62.49 x 1400|
|Day's Range||60.55 - 61.50|
|52 Week Range||39.32 - 66.46|
|PE Ratio (TTM)||21.94|
|Earnings Date||Oct 17, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||70.00|
#1 challenge selected by stock plan administrators is managing performance awards; subject matter experts weigh in during industry conference
NEW YORK, Aug. 10, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Select ...
E*TRADE Financial Corporation today announced that Joshua Weinreich has been appointed to the Company's Board of Directors and its Compensation and Governance Committees.
E*TRADE Financial Corporation today announced the unexpected passing of Mr. Frederick Kanner, an esteemed member of the Company's Board of Directors. Mr. Kanner faithfully served on the Board since 2008.
When some investment firms say they will treat your money as if it were their own, they mean it?all too well. Investors invest, but of course they leave billions in cash in brokerage accounts, too. At Morgan Stanley, $6.3 billion of that cash is in a money-market mutual fund yielding 1.8%.
Vanguard Group is known for long-term, low-cost index fund investing. But in moving to a completely free ETF trading brokerage platform starting August, the Vanguard philosophy will be put to the test. Experts fear that making all ETF trading free will spur investors to bad behavior.
There are several reasons to be bullish on shares of TD Ameritrade (AMTD), according to new research, but don’t put the possibility of a big merger — such as one with E*Trade Financial (ETFC) — too high on that list. The possibility of such a deal has been around for a while, resurfacing earlier this month when a Deutsche Bank analyst wrote that it would make strategic and financial sense. E*Trade was recently worth more than $16 billion, roughly half of TD Ameritrade.
Despite worries about a potential trade war with China and rising geopolitical tensions, E*TRADE investors are focusing on company and economic fundamentals, increasing their optimism about the stock market and the U.S. economy for the remainder of the year. It found that bullish sentiment increased to 57%, marking an increase of five percentage points from the second quarter but down three percentage points from the third quarter of last year. What's more, more than half of the survey respondents expect the stock market to rise in the third quarter, which is up six percentage points from the second quarter and down nine percentage points from last year's second quarter.
Proprietary trading firms and hedge funds formed 4% of Interactive Brokers Group’s (IBKR) total accounts in the second quarter. During the same period, of the total commissions and client equity, they formed 26% and 20%, respectively.
Given rising interest rates on the part of the Federal Reserve, there could be clear winners and losers in the financial sector, making that area of the market particularly interesting for active managers this year. "The financials lend themselves well to active management because, over the long term, outperformance tends to come from winning," said the Fidelity Investments portfolio manager in an interview, noting that there can be a lot of disparity between the winners and losers in the sector. Take the current rising interest rate environment for starters.
Interactive Brokers Group’s (IBKR) price-to-earnings ratio is 27.36x on an NTM (next-12-month) basis, which is a premium compared to the peer average of 17.36x. The primary reason for its premium valuation is its strong second-quarter results. The company’s average interest-earning assets amounted to $57.8 billion in the second quarter, implying YoY growth of 9.2%. In addition, its net interest margin expanded to 1.61% in the second quarter from 1.17% in the same quarter a year ago. ...
In the second quarter, Interactive Brokers Group (IBKR) saw daily average revenue trades (or DARTs) of 797,000 compared to 939,000 in the first quarter. The sequential fall of 15% was primarily due to lower movements in the broader markets mainly due to a settlement between the US and North Korean and the May 2018 jobs report, which reported an unemployment rate of only 3.8%. The company’s DARTs fell despite a rise of 5% in total accounts to 542,000 on a sequential basis.
Interactive Brokers Group (IBKR) posted net revenues of $445 million in the second quarter, a rise of 14.9% on a YoY basis. The company’s net interest income in the second quarter was $225 million, which was a 45% increase YoY.
TD Ameritrade (AMTD) released its third fiscal quarter results on July 23. The company posted an EPS of $0.89, which exceeded analysts’ expectations by $0.09 and reflected 85% growth YoY (year-over-year). The company witnessed a substantial fall in the total operating expenses from $1.02 billion in the second fiscal quarter to $751 million in the third fiscal quarter.
The Income and Repair tools, found on the OptionsHouse platform, do much of the strategy legwork for you by coupling an equity position with options contracts that can fill specific portfolio needs. “Many investors find options to be a powerful tactic when managing risk or seeking income in a portfolio,” said Christopher Larkin, Senior Vice President of Trading Product at E*TRADE Financial.
Wealthy investors who actively trade stock market accounts became cautious on the short-term tech-sector outlook right before earnings.
After second-quarter earnings, Charles Schwab (SCHW) has “strong buy” ratings from seven analysts and a “sell” rating from one analyst. The stock has “hold” ratings from six analysts and “buy” ratings from five analysts.
Charles Schwab’s (SCHW) price-to-earnings ratio stood at 19.74x on an NTM (next-12-month) basis. In comparison, the peer average is 19.47x. When Charles Schwab reported its second-quarter earnings, the stock rose. The stock prices of its competitors also witnessed upward movement, as Schwab’s strong results increased investor confidence in other major brokers.
Some corporate boards, to supplement the information about cyber risk they get from their company’s senior leadership, are enlisting outside cybersecurity experts to advise them about threats and defenses. Inc. have brought in outside cybersecurity advisers to help directors understand vulnerabilities their companies face and assess the vast array of security tools on the market. Cybersecurity is the most challenging risk for boards to oversee, according to a survey of 583 board members by the National Association of Corporate Directors.