TD Ameritrade Holding Corp. Declares Special Dividend of $0.50 (AMTD)
TD Ameritrade Holding Corp. (NASDAQ:AMTD) announced a special dividend on Tuesday, October 29th, ARN reports. Shareholders of record on Tuesday, December 3rd will be paid a dividend of $0.50 per share on Tuesday, December 17th.
A number of analysts have recently weighed in on AMTD shares. Analysts at Thomson Reuters/Verus upgraded shares of TD Ameritrade Holding Corp. from a “sell” rating to a “hold” rating in a research note to investors on Monday. On a related note, analysts at Sandler O’Neill raised their price target on shares of TD Ameritrade Holding Corp. from $30.00 to $32.00 in a research note to investors on Monday, October 21st. They now have a “buy” rating on the stock. Finally, analysts at JMP Securities initiated coverage on shares of TD Ameritrade Holding Corp. in a research note to investors on Wednesday, October 9th. They set a “market perform” rating on the stock. Twelve research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. TD Ameritrade Holding Corp. has an average rating of “Hold” and a consensus price target of $25.60.
Shares of TD Ameritrade Holding Corp. (NASDAQ:AMTD) opened at 27.93 on Tuesday. TD Ameritrade Holding Corp. has a one year low of $15.14 and a one year high of $27.90. The stock has a 50-day moving average of $26.89 and a 200-day moving average of $23.33. The company has a market cap of $15.369 billion and a price-to-earnings ratio of 24.94.
TD Ameritrade Holding Corp. (NASDAQ:AMTD) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.36 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.34 by $0.02. The company had revenue of $709.00 million for the quarter, compared to the consensus estimate of $701.23 million. On average, analysts predict that TD Ameritrade Holding Corp. will post $1.21 earnings per share for the current fiscal year.
TD Ameritrade Holding Corporation (NASDAQ:AMTD) is a provider of securities brokerage services and technology-based financial services to retail investors, traders and independent registered investment advisors (RIAs).
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