Last $2.79 USD
Change Today +0.03 / 1.09%
Volume 239.3K
LTS On Other Exchanges
Symbol
Exchange
NYSE Amex
Berlin
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

ladenburg thalmann financial (LTS) Snapshot

Open
$2.76
Previous Close
$2.76
Day High
$2.88
Day Low
$2.76
52 Week High
12/9/13 - $3.54
52 Week Low
05/13/13 - $1.36
Market Cap
506.0M
Average Volume 10 Days
319.9K
EPS TTM
$-0.03
Shares Outstanding
181.4M
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; 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: $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. Confirms Series A Preferred Stock Monthly Dividends for the Second Quarter of 2014, Payable on April 28, 2014, May 28, 2014 and June 28, 2014

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

Ladenburg Thalmann Financial Services Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013

Ladenburg Thalmann Financial Services Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2013. For the quarter, revenues were $211.5 million, a 23% increase from revenues of $172.2 million in the fourth quarter of 2012. Net income attributable to the company for the fourth quarter of 2013 was $2.5 million, as compared to net loss attributable to the company of $2.4 million in the fourth quarter of 2012. Net loss available to common shareholders, after payment of preferred dividends, was $0.5 million or $0.00 per basic and diluted common share for the fourth quarter of 2013, as compared to net loss available to common shareholders of $2.4 million or $0.01 per basic and diluted common share in the comparable 2012 period. The fourth quarter 2013 results included approximately $6.1 million of non-cash charges for depreciation, amortization and compensation, $1.8 million of amortization of retention loans related to the Securities America acquisition, $2.0 million of interest expense and a loss on extinguishment of debt of $0.3 million, while the fourth quarter 2012 results included approximately $5.0 million of non-cash charges for depreciation, amortization and compensation, $2.1 million of amortization of retention loans related to the Securities America acquisition and $6.1 million of interest expense. Income before income taxes was $3.7 million against loss before income taxes of $2 million last year. Income before change in fair value of contingent consideration was $3.7 million against loss before change in fair value of contingent consideration of $2 million last year. EBITDA, as adjusted was $14 million against $11.2 million last year. For the full year, revenues were $793.1 million, a 22% increase over revenues of $650.1 million in 2012. Net loss attributable to the company was $0.5 million compared to net loss attributable to the company of $16.4 million in 2012. Net loss available to common shareholders, after payment of preferred dividends, was $7.4 million or $0.04 per basic and diluted common share in 2013, as compared to net loss available to common shareholders of $16.4 million or $0.09 per basic and diluted common share in 2012. The 2013 results included approximately $22.1 million of non-cash charges for depreciation, amortization and compensation, $7.2 million of amortization of retention loans related to the Securities America acquisition, $15.4 million of interest expense, a loss on extinguishment of debt of $4.5 million and a loss of $0.1 million from a change in fair value of contingent consideration. Income before income taxes was $2.4 million against loss before income taxes of $14.9 million last year. Income before change in fair value of contingent consideration was $2.5 million against loss before change in fair value of contingent consideration of $22.0 million last year. EBITDA, as adjusted was $51.6 million against $30.5 million last year.

Ladenburg Thalmann Financial Services Inc. Confirms Series A Preferred Stock Monthly Dividends for the First Quarter of 2014, Payable on January 28, 2014, February 28, 2014 and March 28, 2014

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

 

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Price/Sales 0.6x
Price/Book 2.6x
Price/Cash Flow 33.7x
TEV/Sales 0.5x
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