E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand. It also offers investor-focused banking products, primarily sweep deposits to retail investors; Federal Deposit Insurance Corporation insurance services; clearing and settlement services; investment advisory services; and financial corporate services, such as software and services for managing equity compensation plans to its corporate clients. The company provides its services to customers through digital platforms; and a network of industry-licensed customer service representatives and financial consultants through phone, email, and online at two national financial centers, as well as in person through 30 regional financial centers in the United States. E*TRADE Financial Corporation was founded in 1982 and is headquartered in New York, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Federal savings institutions
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
SymbolNASDAQ:ETFC
CUSIP26924640
Phone646-521-4300
Debt
Debt-to-Equity Ratio0.43
Current Ratio0.28
Quick Ratio0.28
Price-To-Earnings
Trailing P/E Ratio14.10
Forward P/E Ratio13.52
P/E Growth0.84
Sales & Book Value
Annual Sales$2.37 billion
Price / Sales5.47
Cash Flow$3.3365 per share
Price / Cash14.71
Book Value$23.39 per share
Price / Book2.10
Profitability
EPS (Most Recent Fiscal Year)$2.19
Net Income$614 million
Net Margins32.83%
Return on Equity15.37%
Return on Assets1.49%
Miscellaneous
Employees3,607
Outstanding Shares263,910,000
Market Cap$12.91 billion
E*TRADE Financial (NASDAQ:ETFC) Frequently Asked Questions
What is E*TRADE Financial's stock symbol?
E*TRADE Financial trades on the NASDAQ under the ticker symbol "ETFC."
How often does E*TRADE Financial pay dividends? What is the dividend yield for E*TRADE Financial?
E*TRADE Financial declared a quarterly dividend on Thursday, October 18th. Investors of record on Tuesday, October 30th will be given a dividend of $0.14 per share on Thursday, November 15th. This represents a $0.56 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date is Monday, October 29th. View E*TRADE Financial's Dividend History.
How will E*TRADE Financial's stock buyback program work?
E*TRADE Financial announced that its Board of Directors has authorized a share repurchase program on Friday, July 21st 2017, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 9.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its stock is undervalued.
How were E*TRADE Financial's earnings last quarter?
E*TRADE Financial Corp (NASDAQ:ETFC) announced its earnings results on Thursday, October, 18th. The financial services provider reported $1.00 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.83 by $0.17. The financial services provider earned $720 million during the quarter, compared to analysts' expectations of $710.62 million. E*TRADE Financial had a net margin of 32.83% and a return on equity of 15.37%. The company's revenue for the quarter was up 20.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.49 earnings per share. View E*TRADE Financial's Earnings History.
When is E*TRADE Financial's next earnings date?
What price target have analysts set for ETFC?
16 brokerages have issued 1 year price targets for E*TRADE Financial's shares. Their predictions range from $58.00 to $77.00. On average, they expect E*TRADE Financial's share price to reach $66.80 in the next twelve months. This suggests a possible upside of 36.1% from the stock's current price. View Analyst Price Targets for E*TRADE Financial.
What is the consensus analysts' recommendation for E*TRADE Financial?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for E*TRADE Financial in the last year. There are currently 2 hold ratings, 13 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for E*TRADE Financial.
Who are some of E*TRADE Financial's key competitors?
Some companies that are related to E*TRADE Financial include People's United Financial (PBCT), Umpqua (UMPQ), TFS Financial (TFSL), BankUnited (BKU), BofI (BOFI), Axos Financial (AX), LegacyTexas Financial Group (LTXB), Columbia Financial (CLBK), Capitol Federal Financial (CFFN), Flagstar Bancorp (FBC), Provident Financial Services (PFS), Kearny Financial (KRNY), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC) and Meta Financial Group (CASH).
Who are E*TRADE Financial's key executives?
E*TRADE Financial's management team includes the folowing people:
- Mr. Rodger Alan Lawson, Exec. Chairman (Age 71)
- Mr. Karl A. Roessner, CEO & Director (Age 50)
- Mr. Michael A. Pizzi, COO & CFO (Age 43)
- Mr. Michael John Curcio, Chief Brokerage Officer (Age 56)
- Mr. Brent B. Simonich, Principal Accounting Officer & Controller (Age 47)
Who are E*TRADE Financial's major shareholders?
E*TRADE Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors include Manning & Napier Group LLC (0.61%), Strs Ohio (0.29%), Bank of Montreal Can (0.25%), State of New Jersey Common Pension Fund D (0.17%), Aperio Group LLC (0.05%) and Andra AP fonden (0.05%). Company insiders that own E*TRADE Financial stock include Brent Simonich, James P Healy, Joseph L Sclafani, Karl A Roessner, Michael A Pizzi, Michael John Curcio and Rodger A Lawson. View Institutional Ownership Trends for E*TRADE Financial.
Which institutional investors are selling E*TRADE Financial stock?
ETFC stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Hennessy Advisors Inc., Clinton Group Inc., Jaffetilchin Investment Partners LLC, Tributary Capital Management LLC, DNB Asset Management AS and Raymond James Trust N.A.. Company insiders that have sold E*TRADE Financial company stock in the last year include Brent Simonich, Joseph L Sclafani, Karl A Roessner, Michael A Pizzi, Michael John Curcio and Rodger A Lawson. View Insider Buying and Selling for E*TRADE Financial.
Which institutional investors are buying E*TRADE Financial stock?
ETFC stock was acquired by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Manning & Napier Group LLC, Strs Ohio, Seven Eight Capital LP, Highland Capital Management LLC, Andra AP fonden, Oliver Luxxe Assets LLC and Oakbrook Investments LLC. View Insider Buying and Selling for E*TRADE Financial.
How do I buy shares of E*TRADE Financial?
Shares of ETFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is E*TRADE Financial's stock price today?
One share of ETFC stock can currently be purchased for approximately $49.08.
How big of a company is E*TRADE Financial?
E*TRADE Financial has a market capitalization of $12.91 billion and generates $2.37 billion in revenue each year. The financial services provider earns $614 million in net income (profit) each year or $2.19 on an earnings per share basis. E*TRADE Financial employs 3,607 workers across the globe.
What is E*TRADE Financial's official website?
How can I contact E*TRADE Financial?
E*TRADE Financial's mailing address is 11 TIMES SQUARE 32ND FLOOR, NEW YORK NY, 10036. The financial services provider can be reached via phone at 646-521-4300 or via email at [email protected]
MarketBeat Community Rating for E*TRADE Financial (NASDAQ ETFC)
MarketBeat's community ratings are surveys of what our community members think about E*TRADE Financial and other stocks. Vote "Outperform" if you believe ETFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ETFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
