Last $4.24 USD
Change Today 0.00 / 0.00%
Volume 1.2M
LTS On Other Exchanges
Symbol
Exchange
NYSE Amex
Berlin
As of 6:40 PM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

ladenburg thalmann financial (LTS) Snapshot

Open
$4.25
Previous Close
$4.24
Day High
$4.28
Day Low
$4.16
52 Week High
09/29/14 - $4.34
52 Week Low
10/9/13 - $1.68
Market Cap
780.8M
Average Volume 10 Days
507.9K
EPS TTM
$0.0050
Shares Outstanding
184.1M
EX-Date
--
P/E TM
844.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for LADENBURG THALMANN FINANCIAL (LTS)

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ladenburg thalmann financial (LTS) Details

Ladenburg Thalmann Financial Services Inc., through its subsidiaries, provides brokerage and advisory, investment banking, equity research, institutional sales and trading, asset management, and trust services. The company operates through two segments, Independent Brokerage and Advisory Services, and Ladenburg. The Independent Brokerage and Advisory Services segment offers securities brokerage and advisory services for mutual funds, variable annuities, and advisor managed accounts; and trust administration of personal and retirement accounts, estate and financial planning, wealth management, and custody services. This segment also provides brokerage support services, including access to stock, bond and options execution; products, such as insurance, mutual funds, unit trusts, and investment advisory programs; and research, compliance, supervision, accounting, and related services. The Ladenburg segment is engaged in investment banking activities comprising corporate finance, and strategic and financial advisory services; and sales and trading business, as well as provision of research services, including reviewing and analyzing general market conditions and industry groups, issuing written reports on companies, furnishing information to retail and institutional customers, and responding to inquires from customers and account executives. This segment also offers various asset management products and services comprising asset management program, investment consulting services, alternative strategies fund, private investment management program, retirement plan sponsor services, alternative investments, architect program, and third-party advisory services; securities arbitrage services; and administration, operation, securities transactions processing, and customer accounts services. Ladenburg Thalmann Financial Services Inc. was founded in 1876 and is based in Miami, Florida.

715 Employees
Last Reported Date: 03/13/14
Founded in 1876

ladenburg thalmann financial (LTS) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.3M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $600.0K
Chief Operating Officer
Total Annual Compensation: $825.0K
Executive Vice President, Director and Member...
Total Annual Compensation: $1.6M
Senior Vice President of Corporate & Regulato...
Total Annual Compensation: $565.0K
Compensation as of Fiscal Year 2013.

ladenburg thalmann financial (LTS) Key Developments

Ladenburg Thalmann Mulls Acquisitions

Ladenburg Thalmann Financial Services Inc. (AMEX:LTS) is looking for acquisitions. Richard Lampen, President and Chief Executive Officer of Ladenburg Thalmann Financial Services Inc. said, "We want to continue to grow in the independent space through organic growth, recruitment, and, from time to time, through acquisitions."

Ladenburg Thalmann Financial Services Inc. Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Ladenburg Thalmann Financial Services Inc. announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $220,753,000 compared with $193,869,000 for the same period a year ago. Income before change in fair value of contingent consideration was $3,690,000 compared with loss before change in fair value of contingent consideration of $4,776,000 for the same period a year ago. Income before income taxes was $3,690,000 compared with loss before income taxes of $4,920,000 for the same period a year ago. Net loss available to common shareholders was $766,000 or $0.00 per basic and diluted share compared with $6,551,000 or $0.04 per basic and diluted share for the same period a year ago. Adjusted EBITDA was $13,337,000 compared with $10,907,000 for the same period a year ago. The strong growth in advisory fees revenue was largely driven by an increase in net new advisory assets, successful recruitment of additional advisors and market appreciation. Commissions and investment banking revenues also remained very strong due to increased levels of client activity. For the six months, the company reported total revenues of $432,571,000 compared with $381,174,000 for the same period a year ago. Income before change in fair value of contingent consideration was $8,535,000 compared with loss before change in fair value of contingent consideration of $4,153,000 for the same period a year ago. Income before income taxes was $8,547,000 compared with loss before income taxes of $4,274,000 for the same period a year ago. Net income available to common shareholders was $294,000 or $0.00 per basic and diluted share compared with net loss available to common shareholders of $6,415,000 or $0.03 per basic and diluted share for the same period a year ago. Adjusted EBITDA was $27,910,000 compared with $24,867,000 for the same period a year ago.

Ladenburg Thalmann Financial Services Inc. Confirms Series A Preferred Stock Monthly Dividends for Third Quarter of 2014, Payable on July 28, 2014, August 28, 2014 and September 29, 2014

Ladenburg Thalmann Financial Services Inc. confirmed the third quarter 2014 monthly cash dividends for its 8.00% Series A Cumulative Redeemable Preferred Stock. The $0.1667 per share dividends are payable on July 28, 2014, August 28, 2014 and September 29, 2014 to the shareholder of record on July 15, 2014, August 15, 2014 and September 15, 2014 respectively.

 

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Valuation LTS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.9x
Price/Book 3.2x
Price/Cash Flow 28.6x
TEV/Sales 0.8x
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