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

E*TRADE Financial's stock was trading at $36.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ETFC shares have decreased by 8.4% and is now trading at $33.76. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for E*TRADE Financial in the last year. There are currently 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for E*TRADE Financial.

E*TRADE Financial is scheduled to release its next quarterly earnings announcement on Wednesday, April 15th 2020. View our earnings forecast for E*TRADE Financial.

E*TRADE Financial Corp (NASDAQ:ETFC) released its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.01. The financial services provider earned $679 million during the quarter, compared to analyst estimates of $672.06 million. E*TRADE Financial had a return on equity of 17.09% and a net margin of 33.09%. E*TRADE Financial's revenue for the quarter was down 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.06 earnings per share. View E*TRADE Financial's earnings history.

E*TRADE Financial declared a quarterly dividend on Thursday, January 23rd. Shareholders of record on Tuesday, February 25th will be given a dividend of $0.14 per share on Monday, March 2nd. This represents a $0.56 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend is Monday, February 24th. View E*TRADE Financial's dividend history.

E*TRADE Financial announced that its Board of Directors has approved a share 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 buy up to 12.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.

12 equities research analysts have issued 1-year price targets for E*TRADE Financial's stock. Their forecasts range from $13.00 to $57.00. On average, they expect E*TRADE Financial's share price to reach $46.96 in the next twelve months. This suggests a possible upside of 39.1% from the stock's current price. View analysts' price targets for E*TRADE Financial.

News articles about ETFC stock have trended very negative recently, InfoTrie reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. E*TRADE Financial earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media stories 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 the latest news aboutE*TRADE Financial.

E*TRADE Financial saw a increase in short interest in March. As of March 13th, there was short interest totaling 9,745,500 shares, an increase of 60.8% from the February 27th total of 6,060,000 shares. Based on an average daily volume of 7,045,000 shares, the short-interest ratio is currently 1.4 days. Approximately 4.4% of the shares of the company are short sold. 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), Intel (INTC), Netflix (NFLX), Bank of America (BAC), Twitter (TWTR) and Advanced Micro Devices (AMD).

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

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 $33.76.

E*TRADE Financial has a market capitalization of $7.46 billion and generates $2.89 billion in revenue each year. The financial services provider earns $955 million in net income (profit) each year or $4.03 on an earnings per share basis. E*TRADE Financial employs 4,100 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 BALLSTON TOWER 671 N. GLEBE ROAD, ARLINGTON VA, 22203. The financial services provider can be reached via phone at 646-521-4340 or via email at [email protected]