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 paid a dividend of $0.14 per share on Monday, March 2nd. This represents a $0.56 annualized dividend and a yield of 1.26%. 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 permits the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 12.9% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.

E*TRADE Financial Corp (NASDAQ:ETFC) announced its quarterly earnings data 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%. The firm's revenue was down 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.06 earnings per share. 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 brokerages have issued 1-year target prices for E*TRADE Financial's stock. Their forecasts range from $41.00 to $62.00. On average, they expect E*TRADE Financial's stock price to reach $48.86 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. 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 1 sell rating, 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for E*TRADE Financial.

Headlines about ETFC stock have trended negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. E*TRADE Financial earned a news impact score of -2.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for E*TRADE Financial.

E*TRADE Financial saw a decline in short interest in the month of January. As of January 15th, there was short interest totalling 3,710,000 shares, a decline of 15.9% from the December 31st total of 4,410,000 shares. Based on an average daily trading volume, of 3,560,000 shares, the short-interest ratio is currently 1.0 days. Currently, 1.7% of the shares of the stock 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), Lazard (LAZ), Stifel Financial (SF), 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 a number of of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.27%), New York State Teachers Retirement System (0.17%), Assenagon Asset Management S.A. (0.10%), Retirement Systems of Alabama (0.04%), Zurcher Kantonalbank Zurich Cantonalbank (0.03%) and State of Michigan Retirement System (0.02%). Company insiders that own E*TRADE Financial stock include Brent Simonich, James P Healy, Joseph L Sclafani, 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 DNB Asset Management AS, SG Americas Securities LLC, Retirement Systems of Alabama, Bremer Bank National Association, State of Alaska Department of Revenue, Eqis Capital Management Inc., Enterprise Financial Services Corp and State of Michigan Retirement System. Company insiders that have sold E*TRADE Financial company stock in the last year include Karl A Roessner, Michael John Curcio and Rodger A Lawson. View Insider Buying and Selling for E*TRADE Financial.

ETFC stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., California Public Employees Retirement System, Alpine Global Management LLC, Campbell & CO Investment Adviser LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Boltwood Capital Management, FSI Group LLC and Hills Bank & Trust Co.. 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 $44.45.

E*TRADE Financial has a market capitalization of $10.88 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 11 TIMES SQUARE 32ND FLOOR, NEW YORK NY, 10036. The financial services provider can be reached via phone at 646-521-4300 or via email at [email protected]