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

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

E*TRADE Financial announced a quarterly dividend on Thursday, October 17th. Stockholders 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 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Thursday, November 7th. View E*TRADE Financial's Dividend History.

E*TRADE Financial announced that its board has approved a stock buyback plan on Thursday, July 18th 2019, which authorizes the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 12.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

E*TRADE Financial Corp (NASDAQ:ETFC) issued its earnings results on Thursday, October, 17th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.01 by $0.07. The financial services provider had revenue of $767 million for 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 business's revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.00 earnings per share. 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 1 year 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 9.4% 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.

Media stories about ETFC stock have been trending somewhat negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. 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 daily sentiment score of -1.4 on InfoTrie's scale. They also gave media 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 company's share price in the immediate future. View News Stories for E*TRADE Financial.

E*TRADE Financial saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 3,910,000 shares, a decrease of 34.1% from the September 30th total of 5,930,000 shares. Based on an average trading volume of 3,690,000 shares, the days-to-cover ratio is presently 1.1 days. Currently, 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 many different of institutional and retail investors. Top institutional shareholders 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 $43.16.

E*TRADE Financial has a market capitalization of $10.56 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]