NASDAQ:ETFC - E*TRADE Financial Stock Price, Forecast & News

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

E*TRADE Financial declared a quarterly dividend on Thursday, October 17th. Shareholders of record on Friday, November 8th will be paid a dividend of $0.14 per share on Friday, November 15th. This represents a $0.56 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, November 7th. View E*TRADE Financial's Dividend History.

E*TRADE Financial declared that its board has authorized a stock repurchase plan on Thursday, July 18th 2019, which permits the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 12.9% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are 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 had revenue of $767 million for the quarter, compared to analyst estimates 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 quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm 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.

11 brokerages have issued 12 month target prices for E*TRADE Financial's stock. Their forecasts range from $36.00 to $63.00. On average, they anticipate E*TRADE Financial's share price to reach $46.59 in the next year. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Price Targets for E*TRADE Financial.

11 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for E*TRADE Financial.

News headlines about ETFC stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. E*TRADE Financial earned a news impact score of -4.3 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for E*TRADE Financial.

E*TRADE Financial saw a decline in short interest during the month of November. As of November 15th, there was short interest totalling 3,910,000 shares, a decline of 34.1% from the October 31st total of 5,930,000 shares. Based on an average trading volume of 3,690,000 shares, the days-to-cover ratio is currently 1.1 days. Currently, 1.7% of the company's stock 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), Stifel Financial (SF), Lazard (LAZ), 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), BlackRock (BLK), CA (CA), Intel (INTC), Netflix (NFLX), Bank of America (BAC) and salesforce.com (CRM).

E*TRADE Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (4.23%), Boston Partners (2.30%), First Trust Advisors LP (1.61%), Point72 Asset Management L.P. (0.57%), Calamos Advisors LLC (0.46%) and Sumitomo Mitsui Trust Holdings Inc. (0.41%). 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 Point72 Asset Management L.P., Voya Investment Management LLC, Robeco Institutional Asset Management B.V., State Street Corp, First Trust Advisors LP, Squarepoint Ops LLC, Mackay Shields LLC and Fisher Asset Management LLC. 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 Boston Partners, Poplar Forest Capital LLC, Man Group plc, Calamos Advisors LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, DNB Asset Management AS and Oppenheimer Asset Management Inc.. 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 $45.81.

E*TRADE Financial has a market capitalization of $11.21 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]