E*TRADE Financial Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for E*TRADE Financial in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" E*TRADE Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ETFC, but not buy additional shares or sell existing shares.
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Wall Street analysts have given E*TRADE Financial a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but E*TRADE Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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E*TRADE Financial, LLC (NASDAQ:ETFC) released its quarterly earnings data on Thursday, July, 23rd. The financial services provider reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.12. The financial services provider earned $716 million during the quarter, compared to the consensus estimate of $678.03 million. E*TRADE Financial had a trailing twelve-month return on equity of 14.59% and a net margin of 28.69%.
View E*TRADE Financial's earnings history.

E*TRADE Financial announced a quarterly dividend on Thursday, July 23rd. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.14 per share on Tuesday, August 25th. This represents a $0.56 annualized dividend and a yield of 1.14%. The ex-dividend date is Tuesday, August 18th.
View E*TRADE Financial's dividend history.

E*TRADE Financial pays an annual dividend of $0.56 per share and currently has a dividend yield of 1.14%. The dividend payout ratio of E*TRADE Financial is 13.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, E*TRADE Financial will have a dividend payout ratio of 20.74% next year. This indicates that E*TRADE Financial will be able to sustain or increase its dividend.
View E*TRADE Financial's dividend history.

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

4 analysts have issued twelve-month price targets for E*TRADE Financial's shares. Their forecasts range from $50.00 to $53.00. On average, they expect E*TRADE Financial's share price to reach $50.75 in the next year. This suggests a possible upside of 3.0% from the stock's current price.
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Some companies that are related to E*TRADE Financial include Morgan Stanley (MS), The Charles Schwab (SCHW), The Goldman Sachs Group (GS), Raymond James (RJF), LPL Financial (LPLA), Stifel Financial (SF), Evercore (EVR), Lazard (LAZ), BGC Partners (BGCP), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY), Greenhill & Co., Inc. (GHL), (FBRC) (FBRC) and Global Brokerage (GLBR).
View all of ETFC's 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), Intel (INTC), Micron Technology (MU), Bank of America (BAC), Cisco Systems (CSCO), Netflix (NFLX), BlackRock (BLK) and JPMorgan Chase & Co. (JPM).

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

One share of ETFC stock can currently be purchased for approximately $49.26.

E*TRADE Financial has a market capitalization of $10.89 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 is headquartered at BALLSTON TOWER 671 N. GLEBE ROAD, ARLINGTON VA, 22203.

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]