|Bid||0.0000 x 900|
|Ask||0.0000 x 1300|
|Day's Range||3.3900 - 3.5200|
|52 Week Range||2.1500 - 4.0200|
|Beta (3Y Monthly)||1.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 15, 2019 - Mar 18, 2019|
|Forward Dividend & Yield||0.05 (1.36%)|
|1y Target Est||5.25|
Great Elm Capital Corp. (the “Company” or “GECC”) (GECC) announced today the pricing of its underwritten public offering of $40.0 million aggregate principal amount of its 6.50% notes due 2024 (the “Notes”), which will result in net proceeds to the Company of approximately $38.2 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The Notes will mature on June 30, 2024, and may be redeemed in whole or in part at any time or from time to time at the Company’s option on or after June 30, 2021. The Company has also granted the underwriters a 30-day option to purchase up to an additional $6.0 million aggregate principal amount of Notes to cover over-allotments, if any.
Ladenburg Thalmann Financial Services Inc NYSE MKT:LTSView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for LTS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LTS. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding LTS are favorable, with net inflows of $956 million. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
MIAMI, June 11, 2019 /PRNewswire/ -- Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTS PrA, LTSL, LTSF, LTSK, LTSH) ("Ladenburg"), a publicly-traded diversified financial services company, today announced the successful conclusion of its inaugural consolidated National Conference, the first of two national advisor conferences to be held this year. The event was held from June 5-8 at the Washington State Convention Center in Seattle for financial advisors from two of the company's independent advisory and brokerage (IAB) subsidiaries, Securities America and KMS Financial Services. The second combined national conference of 2019 will be held in Washington, D.C., from Aug. 19 to 22 for financial advisors from Triad Advisors, Securities Service Network (SSN) and Investacorp.
The Company intends to use the net proceeds from this offering to make investments consistent with its investment objectives and for general corporate purposes. Pending the investment of the net proceeds in investments consistent with its investment objectives, the Company may invest the net proceeds of this offering in cash, cash equivalents, U.S. government securities, money market mutual funds and other high quality debt instruments that mature in one year or less, or “temporary investments,” as appropriate.
Ladenburg Thalmann Financial Services Inc. , a publicly-traded, diversified financial services company, today announced its Board of Directors has declared a quarterly cash dividend of $0.0125 per share of common stock, payable on June 28, 2019 to shareholders of record as of the close of business on June 14, 2019.
Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK), announced today that it has successfully recruited three advisory practices with client assets totaling approximately $245 million.
Argent Bridge, With $275 Million in Client Assets, Affiliates with Hybrid Advisor-Focused Ladenburg Subsidiary to Accelerate Growth and Enhance Client Service Capabilities ATLANTA , May 22, 2019 /PRNewswire/ ...
LTSK) (the “Company”) today announced that it has priced an underwritten registered public offering of $50 million aggregate principal amount of 7.75% senior notes due 2029 (the “Notes”) at 100% of the principal amount, plus accrued interest from May 29, 2019, if the initial settlement occurs after that date. The Company has granted the underwriters a 30-day option to purchase up to an additional $7.5 million aggregate principal amount of Notes in connection with the offering to cover overallotments, if any. The Notes are expected to be listed on the NYSE American and to trade thereon within 30 days of the original issue date under the trading symbol “LTSH.” The offering is expected to close on May 29, 2019, subject to customary closing conditions.
MIAMI, May 16, 2019 /PRNewswire/ -- Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK) ("Ladenburg"), a publicly-traded diversified financial services company, today announced the successful conclusion of its second annual Innovation Symposium, an invitation-only event that brought together fintech firms, startups and forward-thinking financial advisors to exchange ideas, network and provide feedback on new solutions that have the potential to transform the financial advice space. Held May 14-15 in San Francisco, the symposium drew more than 75 advisors from Ladenburg's five subsidiary independent advisory and brokerage (IAB) firms: Securities America, Triad Advisors, KMS Financial Services, Investacorp and Securities Service Network.
Ladenburg (LTS) delivered earnings and revenue surprises of -500.00% and -0.74%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The company, based in Miami, said it had a loss of 4 cents per share. The banking and brokerage company posted revenue of $335.5 million in the period. Its revenue net of interest expense was $335.5 million, ...
Though escalating expenses remains a concern, E*TRADE Financial's (ETFC) strategic initiatives along with rising interest rates will support the company in the near term.
2018 was a year of strong performance for Ladenburg in financial, operational and strategic terms, as we broadened and deepened our position as a leader in the independent retail financial advice space, while continuing to generate robust results from our capital markets and investment banking business. Ladenburg’s revenues for the year increased 9.7% from the prior year period to $1.4 billion, the majority of which originated from our independent advisory and brokerage (IAB) segment. These numbers not only underscore ongoing favorable market conditions – including the positive effects of a higher interest rate environment – but more importantly, spotlight the strength of our long-term strategy, and its focus on profitably growing our independent advisory and brokerage (IAB)-related businesses.
Ladenburg (LTS) 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.
MIAMI, April 24, 2019 /PRNewswire/ -- Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK) ("Ladenburg"), a publicly-traded, diversified financial services company, today announced the appointment of veteran industry operations and technology leader David Ballard as Senior Vice President, Enterprise Services. In this newly-created role, Mr. Ballard will provide executive leadership at the enterprise level with respect to operations and technology, while spearheading the company's Enterprise Service Initiative, which has been formed to enhance the financial advisor service experience, drive efficiencies and accelerate growth across Ladenburg. In support of this mission, Mr. Ballard will partner closely with the leadership teams of Ladenburg's five independent advisory and brokerage (IAB) subsidiary firms, encompassing Securities America, Triad Advisors, Investacorp, Securities Service Network (SSN) and KMS Financial Services.
Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS, LTSL, LTS PrA, LTSF, LTSK), announced today that it has successfully recruited a group of six advisors with over $200 million in total client assets. The Rochester, New York-based group, which includes Meliora Wealth Management and Allied Financial Partners, is affiliating with Securities America through Evolution Financial Advisors (EFA), a Victor, N.Y.-based Super-OSJ with total client assets of more than $2.6 billion.
Ladenburg Thalmann Financial Services Inc. (LTS) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.