Analysts predict that TD Ameritrade Holding Corp. (NASDAQ:AMTD) will post earnings of $0.95 per share for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for TD Ameritrade’s earnings. The highest EPS estimate is $0.98 and the lowest is $0.92. TD Ameritrade posted earnings per share of $0.73 during the same quarter last year, which would indicate a positive year over year growth rate of 30.1%. The company is expected to announce its next earnings results on Monday, April 22nd.

On average, analysts expect that TD Ameritrade will report full year earnings of $4.07 per share for the current fiscal year, with EPS estimates ranging from $3.90 to $4.23. For the next financial year, analysts anticipate that the firm will post earnings of $4.41 per share, with EPS estimates ranging from $4.25 to $4.53. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for TD Ameritrade.

TD Ameritrade (NASDAQ:AMTD) last announced its quarterly earnings results on Tuesday, January 22nd. The financial services provider reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.10. The firm had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.49 billion. TD Ameritrade had a return on equity of 25.99% and a net margin of 31.17%. The business’s revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.80 earnings per share.

AMTD has been the topic of a number of recent analyst reports. Goldman Sachs Group initiated coverage on TD Ameritrade in a research report on Friday, November 30th. They set a “neutral” rating and a $60.00 price target on the stock. Wells Fargo & Co lowered their price target on TD Ameritrade from $65.00 to $56.00 and set an “outperform” rating on the stock in a research report on Friday, January 4th. ValuEngine downgraded TD Ameritrade from a “hold” rating to a “sell” rating in a research report on Monday. Barclays reissued a “buy” rating on shares of TD Ameritrade in a research report on Friday, January 25th. Finally, Zacks Investment Research downgraded TD Ameritrade from a “buy” rating to a “hold” rating in a research report on Monday, January 28th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $61.43.

NASDAQ AMTD traded up $0.33 during trading on Tuesday, reaching $49.64. 3,514,913 shares of the company’s stock were exchanged, compared to its average volume of 2,014,493. The company has a market cap of $28.00 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 0.74 and a beta of 1.25. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.42. TD Ameritrade has a fifty-two week low of $45.70 and a fifty-two week high of $62.99.

In other TD Ameritrade news, EVP Thomas A. Nally sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, February 21st. The shares were sold at an average price of $56.10, for a total transaction of $1,402,500.00. Following the completion of the transaction, the executive vice president now directly owns 157,780 shares in the company, valued at $8,851,458. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.44% of the stock is owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Janus Henderson Group PLC increased its holdings in shares of TD Ameritrade by 1.8% during the third quarter. Janus Henderson Group PLC now owns 22,231,968 shares of the financial services provider’s stock worth $1,174,515,000 after buying an additional 396,786 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of TD Ameritrade by 0.3% during the third quarter. Vanguard Group Inc. now owns 15,634,496 shares of the financial services provider’s stock worth $825,971,000 after buying an additional 42,680 shares in the last quarter. Vanguard Group Inc increased its holdings in shares of TD Ameritrade by 0.3% during the third quarter. Vanguard Group Inc now owns 15,634,496 shares of the financial services provider’s stock worth $825,971,000 after buying an additional 42,680 shares in the last quarter. BlackRock Inc. increased its holdings in shares of TD Ameritrade by 2.5% during the fourth quarter. BlackRock Inc. now owns 14,142,969 shares of the financial services provider’s stock worth $692,441,000 after buying an additional 350,590 shares in the last quarter. Finally, Baillie Gifford & Co. increased its holdings in shares of TD Ameritrade by 0.7% during the third quarter. Baillie Gifford & Co. now owns 9,031,953 shares of the financial services provider’s stock worth $477,159,000 after buying an additional 65,940 shares in the last quarter. Institutional investors and hedge funds own 91.68% of the company’s stock.

TD Ameritrade Company Profile

TD Ameritrade Holding Corporation provides securities brokerage and related technology-based financial services to retail investors and traders, and independent registered investment advisors (RIAs) in the United States. It offers trade execution, clearing, and margin lending services; futures and foreign exchange trade execution services; and trustee, custodial, and other trust-related services to retirement plans and other custodial accounts, as well as provides cash sweep and deposit account products through third-party relationships.

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Earnings History and Estimates for TD Ameritrade (NASDAQ:AMTD)

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