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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ETFC stock has decreased by 7.8% and is now trading at $33.98. 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) issued its earnings results on Thursday, January, 23rd. The financial services provider reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.01. The financial services provider earned $679 million during the quarter, compared to analysts' expectations of $672.06 million. E*TRADE Financial had a net margin of 33.09% and a return on equity of 17.09%. The firm's revenue for the quarter was down 7.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.06 earnings per share. View E*TRADE Financial's earnings history.

E*TRADE Financial announced a quarterly dividend on Thursday, January 23rd. Shareholders of record on Tuesday, February 25th will be paid a dividend of $0.14 per share on Monday, March 2nd. This represents a $0.56 annualized dividend and a yield of 1.65%. The ex-dividend date is Monday, February 24th. View E*TRADE Financial's dividend history.

E*TRADE Financial declared that its Board of Directors has initiated a share buyback program on Thursday, July 18th 2019, which authorizes the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 12.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

12 Wall Street analysts have issued 1-year target prices for E*TRADE Financial's shares. Their forecasts range from $13.00 to $57.00. On average, they anticipate E*TRADE Financial's stock price to reach $46.79 in the next year. This suggests a possible upside of 37.7% from the stock's current price. View analysts' price targets for E*TRADE Financial.

Media headlines about ETFC stock have been trending negative this week, InfoTrie reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. E*TRADE Financial earned a media sentiment score of -2.1 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 press coverage is extremely unlikely to have an effect on the company'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 trading volume, of 7,045,000 shares, the short-interest ratio is presently 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), INTL Fcstone (INTL), Piper Jaffray Companies (PJC), 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."

E*TRADE Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include State Street Corp (4.04%), Victory Capital Management Inc. (2.93%), Victory Capital Management Inc. (2.91%), Bank of New York Mellon Corp (2.11%), FMR LLC (1.89%) and First Trust Advisors LP (1.55%). 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 FMR LLC, PNC Financial Services Group Inc., Nuveen Asset Management LLC, Argent Capital Management LLC, Panagora Asset Management Inc., State Street Corp, Janus Henderson Group PLC, and Lord Abbett & CO. LLC. 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 bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Norges Bank, Banco Santander S.A., Renaissance Technologies LLC, EJF Capital LLC, Man Group plc, Public Sector Pension Investment Board, and Massachusetts Financial Services Co. MA. 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 $33.98.

E*TRADE Financial has a market capitalization of $7.51 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]