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.
Undervalued with adequate balance sheet and pays a dividend.
Share Price & News
How has TD Ameritrade Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AMTD has not had significant price volatility in the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: AMTD underperformed the US Capital Markets industry which returned 12.6% over the past year.
Return vs Market: AMTD underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is TD Ameritrade Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall StA Rising Share Price Has Us Looking Closely At TD Ameritrade Holding Corporation's (NASDAQ:AMTD) P/E Ratio
8 months ago | Simply Wall StIs It Time To Consider Buying TD Ameritrade Holding Corporation (NASDAQ:AMTD)?
9 months ago | Simply Wall StTD Ameritrade Holding Corporation (NASDAQ:AMTD) Looks Interesting, And It's About To Pay A Dividend
Is TD Ameritrade Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AMTD ($37.44) is trading below our estimate of fair value ($48.73)
Significantly Below Fair Value: AMTD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: AMTD is good value based on its PE Ratio (10.4x) compared to the US Capital Markets industry average (27.8x).
PE vs Market: AMTD is good value based on its PE Ratio (10.4x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: AMTD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: AMTD is good value based on its PB Ratio (2.1x) compared to the US Capital Markets industry average (9.3x).
How is TD Ameritrade Holding forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AMTD's earnings are forecast to decline over the next 3 years (-11.4% per year).
Earnings vs Market: AMTD's earnings are forecast to decline over the next 3 years (-11.4% per year).
High Growth Earnings: AMTD's earnings are forecast to decline over the next 3 years.
Revenue vs Market: AMTD's revenue is expected to decline over the next 3 years (-4.5% per year).
High Growth Revenue: AMTD's revenue is forecast to decline over the next 3 years (-4.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AMTD's Return on Equity is forecast to be low in 3 years time (12%).
How has TD Ameritrade Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AMTD has high quality earnings.
Growing Profit Margin: AMTD's current net profit margins (33.5%) are lower than last year (36.9%).
Past Earnings Growth Analysis
Earnings Trend: AMTD's earnings have grown significantly by 24.3% per year over the past 5 years.
Accelerating Growth: AMTD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AMTD had negative earnings growth (-8%) over the past year, making it difficult to compare to the Capital Markets industry average (13.3%).
Return on Equity
High ROE: AMTD's Return on Equity (20.3%) is considered high.
How is TD Ameritrade Holding's financial position?
Financial Position Analysis
Short Term Liabilities: AMTD's short term assets ($45.8B) exceed its short term liabilities ($40.5B).
Long Term Liabilities: AMTD's short term assets ($45.8B) exceed its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: AMTD's debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: AMTD's debt to equity ratio has increased from 36.3% to 39% over the past 5 years.
Debt Coverage: AMTD's debt is well covered by operating cash flow (173.7%).
Interest Coverage: Insufficient data to determine if AMTD's interest payments on its debt are well covered by EBIT.
What is TD Ameritrade Holding current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AMTD's dividend (3.31%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: AMTD's dividend (3.31%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Stability and Growth of Payments
Stable Dividend: AMTD's dividend payments have been volatile in the past 10 years.
Growing Dividend: AMTD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.3%), AMTD's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AMTD's dividends in 3 years are forecast to be covered by earnings (63.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Boyle (59 yo)
Mr. Stephen John Boyle, also known as Steve, serves as Board of Managers Member in TD Ameritrade Investment Management, LLC. He serves as Interim President & Chief Executive Officer of TD Ameritrade Cleari ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD2.98M) is below average for companies of similar size in the US market ($USD11.31M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
|Interim President||4.83yrs||US$2.98m||0.033% |
|Executive Vice President of Trading & Education||10.08yrs||US$2.79m||0.019% |
|President of Retail||2.92yrs||US$4.09m||0.016% |
|President of TD Ameritrade Institutional||no data||US$3.47m||0.035% |
|Interim Chief Financial Officer||0.75yr||no data||0.0035% |
|MD & Chief Information Officer||4yrs||no data||no data|
|Managing Director of Investor Relations||no data||no data||no data|
|Managing Director of Corporate Communications||no data||no data||no data|
|Managing Director of Corporate Strategy & Business Development||5yrs||no data||no data|
|Interim Chief Marketing Officer||0.92yr||no data||no data|
|Executive VP & Chief Human Resources Officer||11.92yrs||no data||no data|
|Managing Director of Communications & Public Affairs||no data||no data||no data|
Experienced Management: AMTD's management team is considered experienced (4.4 years average tenure).
|Interim President||4.83yrs||US$2.98m||0.033% |
|Chairman of Ameritrade Canada Inc||no data||no data||no data|
|Independent Director||13.75yrs||US$351.74k||0.013% |
|Independent Director||4.58yrs||US$326.74k||0.0029% |
|Independent Director||5.58yrs||US$256.74k||0.086% |
|Vice Chairman of the Board||5.58yrs||no data||no data|
|Independent Director||10yrs||US$264.19k||0.014% |
|Independent Lead Director||no data||US$246.74k||0.023% |
|Independent Director||4.67yrs||US$246.74k||0.0028% |
|Independent Director||13.75yrs||US$364.30k||0.012% |
|Independent Chairman of the Board||11.83yrs||US$468.45k||0.017% |
|Independent Director||5.75yrs||US$261.38k||0.0049% |
Experienced Board: AMTD's board of directors are considered experienced (5.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: AMTD insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TD Ameritrade Holding Corporation's company bio, employee growth, exchange listings and data sources
- Name: TD Ameritrade Holding Corporation
- Ticker: AMTD
- Exchange: NasdaqGS
- Founded: 1971
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: US$20.399b
- Shares outstanding: 540.94m
- Website: https://www.amtd.com
Number of Employees
- TD Ameritrade Holding Corporation
- 200 South 108th Avenue
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AMTD||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Mar 1997|
|AMT||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Mar 1997|
|0LC9||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Mar 1997|
|AMTD *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Mar 1997|
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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/14 01:04|
|End of Day Share Price||2020/08/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.