|Bid||46.51 x 2900|
|Ask||46.54 x 800|
|Day's range||46.29 - 47.14|
|52-week range||44.50 - 62.53|
|Beta (3Y monthly)||0.78|
|PE ratio (TTM)||28.90|
|Earnings date||20 Jan 2020 - 24 Jan 2020|
|Forward dividend & yield||0.40 (0.86%)|
|1y target est||51.40|
Moody's downgrades the outlook for E*TRADE Financial (ETFC) and Charles Schwab (SCHW), following fee cut announcement. The outlook for TD Ameritrade (AMTD) remains stable.
Online brokerages are eliminating fees and commissions but plan to make up the lost revenue by selling order flow which could draw greater SEC scrutiny.
Charles Schwab (SCHW) sent a shockwave through the investment bank industry after it announced that they would be slashing their commission fees to zero.
With the online brokerage industry already facing a tough operating backdrop, Interactive Brokers' (IBKR) plan to launch new service is likely to hurt prospects of other industry players.
Brad Katsuyama’s IEX is exiting the listings business after roughly one year, the company announced on Monday.
IEX is exiting its corporate listings business, the company announced on Monday. The business began roughly one year ago in September 2018.
LPL Financial (LPLA) records 4.9% year-over-year growth in brokerage and advisory assets in August 2019. However, it declined marginally from the prior month.