NASDAQ:ETFC - E*TRADE Financial Stock Price, Forecast & News

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

E*TRADE Financial announced a quarterly dividend on Thursday, January 23rd. Investors 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 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Monday, February 24th. View E*TRADE Financial's Dividend History.

E*TRADE Financial announced that its board has approved a share buyback plan on Thursday, July 18th 2019, which allows the company to buyback $1,500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 12.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.

E*TRADE Financial Corp (NASDAQ:ETFC) issued its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $0.84 EPS 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 analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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.

12 brokers have issued twelve-month price objectives for E*TRADE Financial's stock. Their forecasts range from $13.00 to $62.00. On average, they expect E*TRADE Financial's share price to reach $48.29 in the next twelve months. This suggests that the stock has a possible downside of 9.5%. View Analyst Price Targets for E*TRADE Financial.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for E*TRADE Financial in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for E*TRADE Financial.

Media stories about ETFC stock have been trending negative on Monday, according to InfoTrie. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest 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 coverage about the financial services provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the near term. 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 short-interest ratio is presently 1.5 days. Currently, 2.3% of the shares of the stock 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 a number of 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 purchased 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 $53.35.

E*TRADE Financial has a market capitalization of $13.05 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]