About E*TRADE Financial (NASDAQ:ETFC)
E*Trade Financial Corporation is a financial services company. The Company provides online brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial. The Company also provides investor-focused banking products, primarily sweep deposits, to retail investors. It provides its services to customers through its digital platforms and network of industry-licensed customer service representatives and Financial Consultants, over the phone and by e-mail. The Company's brokerage business is organized into three product areas: Trading, Investing, and Corporate Services. The Company's Trading products deliver automated trade order placement and execution services. The Company's Investing products help investors build wealth and address their long-term investing needs. The Company's Corporate Services channel provides stock plan administration services for both public and private companies.
Industry, Sector and Symbol
Industry INVEST BKRS/MGMT
Sub-IndustryInvestment Banking & Brokerage
Trailing P/E Ratio26.16
Forward P/E Ratio17.28
Sales & Book Value
Annual Sales$2.37 billion
Price / Sales6.36
Cash Flow$3.28 per share
Price / Cash17.22
Book Value$23.39 per share
Price / Book2.42
Net Income$614 million
Return on Equity10.07%
Return on Assets1.05%
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 declared that its Board of Directors has initiated a share repurchase plan on Friday, July 21st 2017, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 9.2% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.
How were E*TRADE Financial's earnings last quarter?
E*TRADE Financial Corp (NASDAQ:ETFC) released its earnings results on Thursday, January, 25th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.61 by $0.13. The financial services provider earned $637 million during the quarter, compared to analyst estimates of $629.03 million. E*TRADE Financial had a return on equity of 10.07% and a net margin of 25.95%. The company's revenue was up 25.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.46 earnings per share. View E*TRADE Financial's Earnings History.
When will E*TRADE Financial make its next earnings announcement?
Where is E*TRADE Financial's stock going? Where will E*TRADE Financial's stock price be in 2018?
15 brokerages have issued 1-year price objectives for E*TRADE Financial's shares. Their predictions range from $43.00 to $70.00. On average, they anticipate E*TRADE Financial's stock price to reach $54.71 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 Interactive Brokers Group (IBKR), T. Rowe Price Group (TROW), Ameriprise Financial (AMP), Blackstone Group (BX), Franklin Resources (BEN), Nomura (NMR), Raymond James Financial (RJF), Invesco (IVZ), SEI Investments (SEIC), Hargreaves Lansdown Plc, Bristol (HRGLY), Schroders (SHNWF), KKR & Co. L.P. (KKR), Affiliated Managers Group (AMG), Woori Bank American Depositary Shares (Each representing 3 shares of ) (WF), Lazard (LAZ), Janus Henderson Group (JHG), Eaton Vance (EV) and Apollo Global Management (APO).
Who are E*TRADE Financial's key executives?
E*TRADE Financial's management team includes the folowing people:
- Rodger A. Lawson, Executive Chairman of the Board (Age 70)
- Karl A. Roessner, Chief Executive Officer, Director (Age 49)
- Michael A. Pizzi, Chief Financial Officer (Age 42)
- Paul W. Brandow, Chief Risk Officer
- Lori S. Sher, General Counsel
- Michael J. Curcio, Chief Brokerage Officer (Age 55)
- Brett H. Goodman, Chief Communications Officer
- Kevin T. Kabat, Lead Independent Director (Age 60)
- Richard J. Carbone, Independent Director (Age 69)
- James P. Healy, Independent Director (Age 66)
Has E*TRADE Financial been receiving favorable news coverage?
News articles about ETFC stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. E*TRADE Financial earned a news sentiment score of 0.06 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 45.95 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company'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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.72%), Victory Capital Management Inc. (2.67%), Bank of New York Mellon Corp (2.41%), TIAA CREF Investment Management LLC (1.35%), Thrivent Financial For Lutherans (1.35%) and Geode Capital Management LLC (1.22%). 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 Renaissance Technologies LLC, Bank of New York Mellon Corp, Southpoint Capital Advisors LP, Credit Agricole S A, TIAA CREF Investment Management LLC, Cornerstone Capital Management Holdings LLC., Pennant Capital Management LLC and Strs Ohio. 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 bought by a variety of institutional investors in the last quarter, including Discovery Capital Management LLC CT, BlackRock Inc., Element Capital Management LLC, AGF Investments Inc., Amundi Pioneer Asset Management Inc., OppenheimerFunds Inc., Macquarie Group Ltd. and National Pension Service. 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 $56.49.
How big of a company is E*TRADE Financial?
E*TRADE Financial has a market capitalization of $15.26 billion and generates $2.37 billion in revenue each year. The financial services provider earns $614 million in net income (profit) each year or $2.15 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
E*TRADE Financial (NASDAQ:ETFC) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.93||2.79||2.73||2.71|
|Ratings Breakdown: ||0 Sell Rating(s)|
2 Hold Rating(s)
12 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
3 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$54.71||$54.23||$47.77||$42.60|
|Price Target Upside: ||3.14% downside||8.03% upside||1.36% downside||3.75% upside|
E*TRADE Financial (NASDAQ:ETFC) Consensus Price Target History
E*TRADE Financial (NASDAQ:ETFC) Analyst Ratings History
(Data available from 3/20/2016 forward)
E*TRADE Financial (NASDAQ:ETFC) Earnings History and Estimates Chart
E*TRADE Financial (NASDAQ ETFC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/25/2018||Q4 2017||$0.61||$0.48||$629.03 million||$637.00 million||View||Listen|
|10/19/2017||Q3 2017||$0.51||$0.55||$598.96 million||$599.00 million||View||N/A|
|7/20/2017||Q2 2017||$0.48||$0.52||$553.31 million||$577.00 million||View||N/A|
|4/20/2017||Q1 2017||$0.39||$0.48||$532.43 million||$553.00 million||View||N/A|
|1/26/2017||Q416||$0.42||$0.46||$501.95 million||$509.00 million||View||N/A|
|10/20/2016||Q316||$0.38||$0.51||$645.00 million||$486.00 million||View||Listen|
|7/21/2016||Q216||$0.38||$0.48||$472.50 million||$474.00 million||View||Listen|
|4/21/2016||Q116||$0.33||$0.43||$476.67 million||$472.00 million||View||Listen|
|1/21/2016||Q415||$0.30||$0.30||$453.23 million||$454.00 million||View||Listen|
|10/22/2015||Q315||$0.29||$0.33||$447.53 million||$443.00 million||View||Listen|
|7/23/2015||Q215||$0.27||$0.25||$446.50 million||$445.00 million||View||Listen|
|4/23/2015||Q115||$0.21||$0.29||$446.10 million||$456.00 million||View||N/A|
|1/22/2015||Q414||$0.23||$0.26||$441.20 million||$461.00 million||View||N/A|
|10/21/2014||Q314||$0.22||$0.29||$424.40 million||$440.00 million||View||Listen|
|7/23/2014||Q214||$0.23||$0.24||$431.00 million||$438.00 million||View||N/A|
|4/23/2014||Q114||$0.23||$0.33||$454.51 million||$475.00 million||View||N/A|
|1/22/2014||Q413||$0.19||$0.20||$425.81 million||$447.10 million||View||N/A|
|10/23/2013||Q313||$0.17||$0.16||$419.41 million||$417.00 million||View||N/A|
|7/24/2013||Q2 2013||$0.12||$0.21||$420.60 million||$440.00 million||View||N/A|
|4/18/2013||Q1 2013||$0.12||$0.12||$438.38 million||$419.90 million||View||N/A|
|1/24/2013||Q4 2012||($0.54)||($0.65)||$472.46 million||$467.70 million||View||N/A|
E*TRADE Financial (NASDAQ:ETFC) Earnings Estimates
2018 EPS Consensus Estimate: $3.23
2019 EPS Consensus Estimate: $3.54
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for E*TRADE Financial (NASDAQ:ETFC)
No dividend announcements for this company have been tracked by MarketBeat.com
E*TRADE Financial (NASDAQ ETFC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.17%
Institutional Ownership Percentage: 93.19%
E*TRADE Financial (NASDAQ ETFC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/6/2018||Brent Simonich||Insider||Sell||7,680||$53.00||$407,040.00||26,240|| |
|2/8/2018||Karl A Roessner||CEO||Sell||115,059||$51.79||$5,958,905.61||196,828|| |
|2/8/2018||Michael A Pizzi||CFO||Sell||69,829||$51.58||$3,601,779.82||104,847|| |
|2/8/2018||Michael John Curcio||Insider||Sell||34,158||$51.74||$1,767,334.92||207,235|| |
|2/7/2018||Rodger A Lawson||Chairman||Sell||3,853||$51.95||$200,163.35||96,966|| |
|1/30/2018||Joseph L Sclafani||Director||Sell||2,000||$52.75||$105,500.00||36,304|| |
|9/13/2017||Karl A Roessner||CEO||Sell||8,578||$40.49||$347,323.22||225,731|| |
|9/13/2017||Michael John Curcio||Insider||Sell||33,474||$40.38||$1,351,680.12||267,151|| |
|8/18/2017||Karl A Roessner||CEO||Sell||14,898||$39.41||$587,130.18||232,702|| |
|8/18/2017||Michael A Pizzi||CFO||Sell||9,977||$39.41||$393,193.57||110,142|| |
|7/26/2017||Brent Simonich||Insider||Sell||5,696||$41.50||$236,384.00||31,557|| |
|7/25/2017||James P Healy||Director||Buy||5,000||$41.97||$209,850.00||40,792|| |
|3/27/2017||Rodger A Lawson||Insider||Sell||7,947||$33.03||$262,489.41||94,910|| |
|2/8/2017||Karl A Roessner||CEO||Sell||16,476||$34.72||$572,046.72||260,364|| |
|4/26/2016||Brent Simonich||Insider||Sell||3,994||$26.22||$104,722.68||45,705|| |
|4/25/2016||Karl A Roessner||EVP||Sell||16,828||$25.93||$436,350.04||217,295|| |
|2/10/2016||Karl A. Roessner||EVP||Sell||26,510||$21.24||$563,072.40||234,123|| |
|2/10/2016||Michael A. Pizzi||CFO||Sell||22,262||$21.26||$473,290.12||146,072|| |
|1/25/2016||Paul Idzik||CEO||Sell||10,950||$23.69||$259,405.50||449,903|| |
|9/11/2015||Karl A Roessner||EVP||Sell||2,692||$26.96||$72,576.32||250,574|| |
|3/4/2015||James P Healy||Director||Buy||10,000||$26.75||$267,500.00|| |
|2/11/2015||Karl A Roessner||EVP||Sell||11,851||$25.37||$300,659.87|| |
|2/11/2015||Matthew J Audette||CFO||Sell||21,000||$25.44||$534,240.00|| |
|2/9/2015||Karl A Roessner||EVP||Sell||15,298||$25.22||$385,815.56|| |
|1/23/2015||Paul Idzik||CEO||Sell||10,950||$24.40||$267,180.00|| |
|1/5/2015||Matthew J Audette||CFO||Sell||1,294||$23.84||$30,848.96|| |
|4/28/2014||Karl Roessner||EVP||Sell||9,203||$22.07||$203,110.21||233,794|| |
|2/11/2014||Karl Roessner||EVP||Sell||3,670||$20.60||$75,602.00||242,997|| |
|2/11/2014||Matthew Audette||CFO||Sell||2,750||$20.61||$56,677.50||217,215|| |
|2/7/2014||Karl Roessner||EVP||Sell||2,611||$19.97||$52,141.67||256,691|| |
|2/7/2014||Matthew Audette||CFO||Sell||3,092||$19.98||$61,778.16||226,744|| |
|1/23/2014||Paul Idzik||CEO||Sell||10,950||$21.19||$232,030.50||749,920|| |
|1/6/2014||Matthew Audette||CFO||Sell||1,294||$20.34||$26,319.96||192,826|| |
|12/4/2013||Rodger Lawson||Director||Buy||2,754||$18.15||$49,985.10||27,169|| |
|5/13/2013||Rodger A Lawson||Director||Buy||4,479||$11.16||$49,985.64|| |
|8/13/2012||Frank J Petrilli||Insider||Buy||119,250||$8.39||$1,000,507.50|| |
|8/13/2012||Rodger A Lawson||Director||Buy||7,528||$8.45||$63,611.60|| |
E*TRADE Financial (NASDAQ ETFC) News Headlines
E*TRADE Financial (NASDAQ:ETFC) SEC Filings
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E*TRADE Financial (NASDAQ:ETFC) Income Statement, Balance Sheet and Cash Flow Statement
E*TRADE Financial (NASDAQ ETFC) Stock Chart for Tuesday, March, 20, 2018