E*TRADE Financial Stock Price, Forecast & Analysis (NASDAQ:ETFC)

E*TRADE Financial trades on the NASDAQ under the ticker symbol "ETFC."

E*TRADE Financial declared a quarterly dividend on Thursday, October 17th. Investors of record on Friday, November 8th will be given a dividend of $0.14 per share on Friday, November 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date is Thursday, November 7th. View E*TRADE Financial's Dividend History.

E*TRADE Financial declared that its Board of Directors has approved a stock buyback program on Thursday, July 18th 2019, which allows the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 12.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board believes its stock is undervalued.

E*TRADE Financial Corp (NASDAQ:ETFC) issued its quarterly earnings results on Thursday, October, 17th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.01 by $0.07. The financial services provider earned $767 million during the quarter, compared to the consensus estimate of $742.83 million. E*TRADE Financial had a return on equity of 18.41% and a net margin of 35.79%. The firm's revenue for the quarter was up 6.5% on a year-over-year basis. During the same period last year, the company earned $1.00 EPS. View E*TRADE Financial's Earnings History.

E*TRADE Financial is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for E*TRADE Financial.

12 brokers have issued 12-month target prices for E*TRADE Financial's shares. Their forecasts range from $32.00 to $64.00. On average, they expect E*TRADE Financial's share price to reach $47.21 in the next twelve months. This suggests a possible upside of 4.6% from the stock's current price. View Analyst Price Targets for E*TRADE Financial.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for E*TRADE Financial in the last year. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for E*TRADE Financial.

Press coverage about ETFC stock has been trending extremely negative recently, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. E*TRADE Financial earned a news impact score of -4.6 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for E*TRADE Financial.

E*TRADE Financial saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 3,910,000 shares, a decline of 34.1% from the September 30th total of 5,930,000 shares. Based on an average daily volume of 3,690,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 1.7% of the shares of the company are sold short. View E*TRADE Financial's Current Options Chain.

Some companies that are related to E*TRADE Financial include Morgan Stanley (MS), Goldman Sachs Group (GS), Charles Schwab (SCHW), TD Ameritrade (AMTD), Raymond James (RJF), LPL Financial (LPLA), Lazard (LAZ), Stifel Financial (SF), Evercore (EVR), BGC Partners (BGCP), Piper Jaffray Companies (PJC), INTL Fcstone (INTL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

Based on aggregate information from My MarketBeat watchlists, some companies that other E*TRADE Financial investors own include Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), Citigroup (C), Bank of America (BAC), BlackRock (BLK), CA (CA), Intel (INTC), Netflix (NFLX) and Advanced Micro Devices (AMD).

E*TRADE Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors include First Trust Advisors LP (1.61%), Calamos Advisors LLC (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.41%), Poplar Forest Capital LLC (0.35%), Manning & Napier Group LLC (0.30%) and Robeco Institutional Asset Management B.V. (0.26%). Company insiders that own E*TRADE Financial stock include Brent Simonich, James P Healy, Joseph L Sclafani, Joshua Weinreich, Karl A Roessner, Michael A Pizzi, Michael John Curcio, Robert J Chersi and Rodger A Lawson. View Institutional Ownership Trends for E*TRADE Financial.

ETFC stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., First Trust Advisors LP, Mackay Shields LLC, Fisher Asset Management LLC, Alpha Cubed Investments LLC, Teacher Retirement System of Texas, Zurcher Kantonalbank Zurich Cantonalbank and Russell Investments Group Ltd.. Company insiders that have sold E*TRADE Financial company stock in the last year include Karl A Roessner, Michael John Curcio and Rodger A Lawson. View Insider Buying and Selling for E*TRADE Financial.

ETFC stock was bought by a variety of institutional investors in the last quarter, including Poplar Forest Capital LLC, Calamos Advisors LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, DNB Asset Management AS, Oppenheimer Asset Management Inc., SG Americas Securities LLC and Occidental Asset Management LLC. Company insiders that have bought E*TRADE Financial stock in the last two years include Brent Simonich, James P Healy, Joshua Weinreich, Michael A Pizzi, Robert J Chersi and Rodger A Lawson. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of ETFC stock can currently be purchased for approximately $45.14.

E*TRADE Financial has a market capitalization of $11.04 billion and generates $2.87 billion in revenue each year. The financial services provider earns $1.05 billion in net income (profit) each year or $3.89 on an earnings per share basis. E*TRADE Financial employs 4,035 workers across the globe.View Additional Information About E*TRADE Financial.

The official website for E*TRADE Financial is http://us.etrade.com/.

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]