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, October 17th. Stockholders of record on Friday, November 8th will be given a dividend of $0.14 per share on Friday, November 15th. This represents a $0.56 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Thursday, November 7th. View E*TRADE Financial's Dividend History.

E*TRADE Financial announced that its board has approved a share buyback 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 reacquire up to 12.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.

E*TRADE Financial Corp (NASDAQ:ETFC) posted its quarterly earnings data on Thursday, October, 17th. The financial services provider reported $1.08 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.01 by $0.07. The financial services provider earned $767 million during the quarter, compared to the consensus estimate of $742.83 million. E*TRADE Financial had a net margin of 35.79% and a return on equity of 18.41%. The business's revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.00 EPS. View E*TRADE Financial's Earnings History.

E*TRADE Financial is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for E*TRADE Financial.

11 Wall Street analysts have issued 1-year price targets for E*TRADE Financial's shares. Their forecasts range from $41.00 to $53.00. On average, they expect E*TRADE Financial's share price to reach $47.41 in the next year. This suggests a possible upside of 2.0% 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.

Press coverage about ETFC stock has trended somewhat positive on Thursday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. 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 2.0 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for E*TRADE Financial.

E*TRADE Financial saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 3,710,000 shares, a decrease of 15.9% from the December 15th total of 4,410,000 shares. Based on an average daily volume of 3,720,000 shares, the short-interest ratio is presently 1.0 days. Approximately 1.7% 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), 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), Intel (INTC), Netflix (NFLX), Bank of America (BAC), BlackRock (BLK), 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 Assenagon Asset Management S.A. (0.10%), Zurcher Kantonalbank Zurich Cantonalbank (0.03%), Alpine Global Management LLC (0.02%), State of Alaska Department of Revenue (0.02%), Meag Munich Ergo Kapitalanlagegesellschaft MBH (0.01%) and IFM Investors Pty Ltd (0.01%). 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, State of Alaska Department of Revenue, IFM Investors Pty Ltd, Commerzbank Aktiengesellschaft FI, Louisiana State Employees Retirement System, OLD National Bancorp IN, Steward Partners Investment Advisory LLC and 180 Wealth Advisors LLC. 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 bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Alpine Global Management LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Boltwood Capital Management, Wealthfront Advisers LLC, Zurcher Kantonalbank Zurich Cantonalbank , Iowa State Bank and Ballentine Partners LLC. 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 $46.50.

E*TRADE Financial has a market capitalization of $11.38 billion and generates $2.87 billion in revenue each year. The financial services provider earns $1.05 billion in net income (profit) each year or $3.89 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]