Last $1.55 USD
Change Today +0.03 / 1.97%
Volume 276.5K
LTS On Other Exchanges
Symbol
Exchange
NYSE Amex
As of 8:04 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).

ladenburg thalmann financial (LTS) Snapshot

Open
$1.52
Previous Close
$1.52
Day High
$1.58
Day Low
$1.52
52 Week High
04/2/13 - $1.74
52 Week Low
11/14/12 - $1.14
Market Cap
284.5M
Average Volume 10 Days
243.3K
EPS TTM
$-0.07
Shares Outstanding
183.5M
EX-Date
--
P/E TM
--
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; 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 engages in investment banking activities comprising corporate finance and strategic and financial advisory services; and sales and trading business, as well as provides research services, including reviewing and analyzing general market conditions and other 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 comprise 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. The company was founded in 1876 and is headquartered in Miami, Florida.

686 Employees
Last Reported Date: 03/18/13
Founded in 1876

ladenburg thalmann financial (LTS) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $600.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $450.0K
Chief Operating Officer
Total Annual Compensation: $725.0K
Executive Vice President, Director and Member...
Total Annual Compensation: $925.0K
Compensation as of Fiscal Year 2012.

ladenburg thalmann financial (LTS) Key Developments

Ladenburg Thalmann Financial Services Inc. Amends Articles of Incorporation

Ladenburg Thalmann Financial Services Inc. announced that the articles of incorporation of the corporation is hereby amended by deleting the first sentence of Article III in its entirety and by substituting the new first sentence in lieu thereof: The aggregate number of shares of which of the Corporation shall have authority to issue is six hundred twenty-five million shares, of which six hundred million shares shall be common stock, par value $0.0001 per share, and of which twenty-five million shares shall be preferred stock, par value $0.0001 per share, at the AGM held on May 9, 2013.

Ladenburg Thalmann Financial Services Inc. Elects Dmitry Kolosov and Jacqueline M. Simkin to the Board

Ladenburg Thalmann Financial Services Inc. shareholders elected Dmitry Kolosov and Jacqueline M. Simkin nominated for election for a one-year term and until their successors are elected and qualified at its AGM May 9, 2013.

Ladenburg Thalmann Financial Services Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013

Ladenburg Thalmann Financial Services Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, total revenues were $187,305,000 against $154,715,000 for the same period a year ago. Income before income taxes was $646,000 against loss before income taxes of $2,371,000 for the same period a year ago. Net income attributable to the Company was $136,000 against net loss attributable of the company of $2,979,000 for the same period a year ago. Net income per common share attributable to the Company basic and diluted $0.00 against net loss per common share attributable to the Company of $0.02 for the same period a year ago. EBITDA was $13,961,000 against $5,308,000 for the same period a year ago. EBITDA, as adjusted was $39,157,000.

 

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Valuation LTS Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.4x
Price/Book 5.3x
Price/Cash Flow 104.6x
TEV/Sales 0.1x
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