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, 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 1.04%. The ex-dividend date of this dividend is Monday, February 24th. View E*TRADE Financial's Dividend History.

E*TRADE Financial declared that its board has approved a share repurchase plan 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 shares through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

E*TRADE Financial Corp (NASDAQ:ETFC) announced its quarterly earnings results on Thursday, January, 23rd. The financial services provider reported $0.84 EPS for the quarter, beating the consensus estimate of $0.83 by $0.01. The financial services provider had revenue of $679 million for 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%. E*TRADE Financial's revenue for the quarter was down 7.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.06 EPS. View E*TRADE Financial's Earnings History.

E*TRADE Financial is scheduled to release their next quarterly earnings announcement on Wednesday, April 15th 2020. View Earnings Estimates for E*TRADE Financial.

11 analysts have issued 12-month target prices for E*TRADE Financial's shares. Their forecasts range from $44.00 to $62.00. On average, they anticipate E*TRADE Financial's share price to reach $50.23 in the next twelve months. This suggests that the stock has a possible downside of 6.8%. 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 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for E*TRADE Financial.

Media headlines about ETFC stock have trended negative on Friday, according to InfoTrie. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. E*TRADE Financial earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for E*TRADE Financial.

E*TRADE Financial saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 5,000,000 shares, an increase of 34.8% from the January 15th total of 3,710,000 shares. Based on an average trading volume of 3,390,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 2.3% 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), 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), Advanced Micro Devices (AMD) and Caterpillar (CAT).

E*TRADE Financial's stock is owned by many different of retail and institutional investors. Top institutional investors 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., Argent Capital Management LLC, Panagora Asset Management Inc., State Street Corp, Janus Henderson Group PLC, Lord Abbett & CO. LLC and Alliancebernstein L.P.. 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 for E*TRADE Financial.

ETFC stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Banco Santander S.A., Renaissance Technologies LLC, EJF Capital LLC, Man Group plc, Public Sector Pension Investment Board, Massachusetts Financial Services Co. MA and CIBC World Markets 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 $53.92.

E*TRADE Financial has a market capitalization of $13.19 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 4,035 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 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]