NASDAQ:ETFCE*TRADE Financial Stock Price, Forecast & News

E*TRADE Financial's stock was trading at $36.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ETFC stock has increased by 37.1% and is now trading at $50.51. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for E*TRADE Financial in the last year. There are currently 12 hold ratings and 1 buy rating 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 Thursday, July 16th 2020. View our earnings forecast for E*TRADE Financial.

E*TRADE Financial Corp (NASDAQ:ETFC) announced its earnings results on Thursday, April, 23rd. The financial services provider reported $0.74 EPS for the quarter, missing the consensus estimate of $0.92 by $0.18. The financial services provider had revenue of $707 million for the quarter, compared to analyst estimates of $721.59 million. E*TRADE Financial had a return on equity of 15.84% and a net margin of 29.81%. The firm's quarterly revenue was down 6.4% on a year-over-year basis. During the same quarter last year, the business earned $1.09 EPS. View E*TRADE Financial's earnings history.

E*TRADE Financial announced a quarterly dividend on Thursday, April 23rd. Shareholders of record on Wednesday, May 13th will be given a dividend of $0.14 per share on Tuesday, May 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Tuesday, May 12th. View E*TRADE Financial's dividend history.

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

13 analysts have issued 12 month target prices 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 $44.27 in the next year. This suggests that the stock has a possible downside of 12.4%. View analysts' price targets for E*TRADE Financial.

News headlines about ETFC stock have been trending negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. E*TRADE Financial earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned 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 impact on the company's share price in the immediate future. View the latest news about E*TRADE Financial.

E*TRADE Financial saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 12,760,000 shares, a decline of 7.7% from the June 15th total of 13,820,000 shares. Based on an average trading volume of 3,530,000 shares, the short-interest ratio is currently 3.6 days. Approximately 5.8% of the company's shares 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), INTL Fcstone (INTL), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL). View all competitors.

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

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

E*TRADE Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.03%), Envestnet Asset Management Inc. (0.02%), DNB Asset Management AS (0.01%), IBM Retirement Fund (0.00%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%) and Independence Bank of Kentucky (0.00%). Company insiders that own E*TRADE Financial stock include Brent Simonich, James P Healy, 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 Envestnet Asset Management Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, and Independence Bank of Kentucky. Company insiders that have sold E*TRADE Financial company stock in the last year include Michael John Curcio, and Rodger A Lawson. View insider buying and selling activity for E*TRADE Financial.

ETFC stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, IBM Retirement Fund, DNB Asset Management AS, and Ellevest 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 activity 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 $50.51.

E*TRADE Financial has a market capitalization of $11.17 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.

The official website for E*TRADE Financial is 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]