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

E*TRADE Financial's stock was trading at $36.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ETFC stock has increased by 23.6% and is now trading at $45.54. 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) released its quarterly earnings results on Thursday, April, 23rd. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, missing the Thomson Reuters' 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%. E*TRADE Financial's quarterly revenue was down 6.4% on a year-over-year basis. During the same period last year, the business earned $1.09 earnings per share. View E*TRADE Financial's earnings history.

E*TRADE Financial declared a quarterly dividend on Thursday, April 23rd. Shareholders of record on Wednesday, May 13th will be paid a dividend of $0.14 per share on Tuesday, May 19th. This represents a $0.56 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Tuesday, May 12th. View E*TRADE Financial's dividend history.

E*TRADE Financial declared that its Board of Directors has approved a share repurchase program on Thursday, July 18th 2019, which permits the company to buyback $1,500,000,000.00 in outstanding 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 programs are often an indication that the company's management believes its stock is undervalued.

13 Wall Street analysts have issued 1-year price objectives for E*TRADE Financial's stock. Their forecasts range from $13.00 to $57.00. On average, they anticipate E*TRADE Financial's share price to reach $44.42 in the next twelve months. This suggests that the stock has a possible downside of 2.5%. View analysts' price targets for E*TRADE Financial.

Press coverage about ETFC stock has been trending somewhat negative on Sunday, according to InfoTrie. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. E*TRADE Financial earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news 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 impact on the company's share price in the next several days. View the latest news aboutE*TRADE Financial.

E*TRADE Financial saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 13,280,000 shares, an increase of 17.2% from the April 30th total of 11,330,000 shares. Based on an average daily volume of 6,140,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 6.0% 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.26%), Primecap Management Co. CA (5.40%), State Street Corp (4.30%), Victory Capital Management Inc. (2.10%), First Trust Advisors LP (1.83%) and Geode Capital Management LLC (1.68%). 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 Bank of New York Mellon Corp, Thrivent Financial for Lutherans, Victory Capital Management Inc., Primecap Management Co. CA, Wells Fargo & Company MN, BlackRock Inc., Lord Abbett & CO. LLC, and Nuveen Asset Management 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 acquired by a variety of institutional investors in the last quarter, including Magnetar Financial LLC, Omni Partners LLP, ARP Americas LP, Alpine Associates Management Inc., Assenagon Asset Management S.A., CNH Partners LLC, Healthcare of Ontario Pension Plan Trust Fund, and PSquared Asset Management AG. 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 $45.54.

E*TRADE Financial has a market capitalization of $10.07 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]