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
Industry Federal savings institutions
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
SymbolNASDAQ:ETFC
CUSIP26924640
Phone646-521-4300
Debt
Debt-to-Equity Ratio0.31
Current Ratio0.27
Quick Ratio0.27
Price-To-Earnings
Trailing P/E Ratio29.44
Forward P/E Ratio17.71
P/E Growth1.06
Sales & Book Value
Annual Sales$2.37 billion
Price / Sales7.19
Cash Flow$3.3301 per share
Price / Cash19.36
Book Value$23.39 per share
Price / Book2.76
Profitability
EPS (Most Recent Fiscal Year)$2.19
Net Income$614 million
Net Margins28.40%
Return on Equity11.64%
Return on Assets1.18%
Miscellaneous
Employees3,607
Outstanding Shares263,910,000
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 will E*TRADE Financial's stock buyback program work?
E*TRADE Financial announced that its Board of Directors has approved a stock buyback plan on Friday, July 21st 2017, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 9.2% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.
How were E*TRADE Financial's earnings last quarter?
E*TRADE Financial Corp (NASDAQ:ETFC) announced its quarterly earnings data on Thursday, April, 19th. The financial services provider reported $0.88 EPS for the quarter, topping the Zacks' consensus estimate of $0.79 by $0.09. The financial services provider earned $708 million during the quarter, compared to the consensus estimate of $686.31 million. E*TRADE Financial had a net margin of 28.40% and a return on equity of 11.64%. The firm's quarterly revenue was up 28.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.48 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?
18 equities research analysts have issued twelve-month price targets for E*TRADE Financial's shares. Their forecasts range from $43.00 to $74.00. On average, they anticipate E*TRADE Financial's stock price to reach $61.1765 in the next year. 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), BankUnited (BKU), TFS Financial (TFSL), BofI (BOFI), Flagstar Bancorp (FBC), LegacyTexas Financial Group (LTXB), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Kearny Financial (KRNY), Meta Financial Group (CASH), BBX Capital Corp Class B (BBXTB) and Northfield Bancorp (NFBK).
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, Chief Financial Officer (Age 43)
- Mr. Michael John Curcio, Chief Brokerage Officer (Age 56)
- Mr. Michael E. Foley, Chief Technology & Operations Officer (Age 66)
Has E*TRADE Financial been receiving favorable news coverage?
News stories about ETFC stock have been trending somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. E*TRADE Financial earned a news impact score of 0.14 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 47.02 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are E*TRADE Financial's major shareholders?
E*TRADE Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.23%), Victory Capital Management Inc. (2.30%), Northern Trust Corp (1.65%), Thrivent Financial for Lutherans (1.38%), Boston Partners (1.20%) and Pendal Group Ltd (0.87%). 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 major investors are selling E*TRADE Financial stock?
ETFC stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Thompson Siegel & Walmsley LLC, Element Capital Management LLC, Wells Fargo & Company MN, Eaton Vance Management, Northern Trust Corp, Pendal Group Ltd and Guggenheim Capital LLC. 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 major investors are buying E*TRADE Financial stock?
ETFC stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Manning & Napier Group LLC, ClariVest Asset Management LLC, Massachusetts Financial Services Co. MA, Robeco Institutional Asset Management B.V., FIL Ltd, KBC Group NV and Royal Bank of Canada. 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 $64.47.
How big of a company is E*TRADE Financial?
E*TRADE Financial has a market capitalization of $16.99 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.
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 (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.
