TD Ameritrade (AMTD) is an American online broker based in Omaha, Nebraska. TD Ameritrade Holding Corporation is the owner of TD Ameritrade Inc. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash management services.
TD Ameritrade Earnings Climb In all, for the fiscal second quarter ended March 31, TD Ameritrade reported earnings of $205 million, up from $189 million a year earlier. On a per-share basis, earnings rose to 38 cents from 35 cents a year ago, meeting analysts’ expectations. Revenue increased to $846 million from $803 million, below analysts’ projections of $856 million, according to Thomson Reuters. Read full article here: http://www.wsj.com/articles/td-ameritrade-earnings-climb-1461068113
Reported before open today (10/25/16) Earnings: EPS $0.35 Revenue $829M Estimates: EPS $0.38 Revenue $838.27M
Upcoming dividend information: Ex-Div-Date: 11/4/16 Payment Date: 11/22/16 Dividend: $0.18 Current Price: $33.94 Annual Yield: 2.00%
Shares of retail broker TD Ameritrade Holding Corp. (NASDAQ:AMTD) have likely reached their high point in the near-term and are on the horizon of a 15% correction. The stock has slammed into a resistance trend line that stretches back to 2011. Since July 2016, TD Ameritrade has jumped from near $26 to $47, a gain of 80%. Much of the hype in shares of TD Ameritrade has been the return of the retail investor, buying and selling more actively, thus running up commissions collected by the firm. Regardless of the reasons, the stock has hit a resistance level that dictates a monster pull back to $38.75, a drop of 17%. This is a short trade I am actively exploring and will likely initiate within a day or two.
Listen to Q2 2017 TD Ameritrade Ho Earnings Call (EPS 0.4 vs EST 0.409) live at 08:30 AM,ondemand after https://stocknews.com/news/amtd-misses-eps-estimates-by-0-01-beats-on-revenues/
Today will be 13th straight green candle. Weekly chart: See if this can stay in upper half of channel, as long as supply stays low.
