TD Ameritrade (NASDAQ: AMTD) released its earnings data on Tuesday. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.03. The company had revenue of $651.00 million for the quarter, compared to the consensus estimate of $632.48 million. During the same quarter in 2012, the company posted $0.28 earnings per share. The company?s revenue for the quarter was down .3% on a year-over-year basis.
A number of research firms have also recently commented on AMTD. Analysts at Sterne Agee downgraded shares of TD Ameritrade from a ?buy? rating to a ?neutral? rating in a research note to investors on Tuesday, January 15th. They now have a $19.00 price target on the stock. On the ratings front, analysts at William Blair initiated coverage on shares of TD Ameritrade in a research note to investors on Tuesday, December 18th. They set an ?outperform? rating on the stock. Finally, analysts at TheStreet upgraded shares of TD Ameritrade to a ?buy? rating in a research note to investors on Friday, December 14th.
TD Ameritrade (AMTD) opened at 18.45 on Tuesday. TD Ameritrade (AMTD) has a 52-week low of $15.09 and a 52-week high of $20.59. The stock?s 50-day moving average is currently $17.18. The company has a market cap of $10.062 billion and a price-to-earnings ratio of 17.41.
The company also recently announced a quarterly dividend, which is scheduled for Friday, February 15th. Shareholders of record on Friday, February 1st will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.95%.
TD Ameritrade Holding Corporation (TD Ameritrade) is a provider of securities brokerage services and technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs).