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 given 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 is Monday, February 24th. View E*TRADE Financial's Dividend History.

E*TRADE Financial announced that its Board of Directors has authorized a stock buyback program 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 shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

E*TRADE Financial Corp (NASDAQ:ETFC) announced its quarterly earnings results on Thursday, January, 23rd. The financial services provider reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.83 by $0.01. The financial services provider earned $679 million during the quarter, compared to analysts' expectations of $672.06 million. E*TRADE Financial had a return on equity of 17.09% and a net margin of 33.09%. The firm's revenue for the quarter was down 7.6% compared to the same quarter last year. During the same period last year, the company earned $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 equities research analysts have issued 12 month price objectives for E*TRADE Financial's stock. Their forecasts range from $41.00 to $62.00. On average, they anticipate E*TRADE Financial's stock price to reach $48.86 in the next year. This suggests a possible upside of 9.8% 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.

News stories about ETFC stock have been trending extremely negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. E*TRADE Financial earned a news sentiment score of -4.3 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely 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 during 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 trading volume of 3,560,000 shares, the days-to-cover ratio is presently 1.0 days. Approximately 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 many different of retail and institutional 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 bought 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, Hills Bank & Trust Co. and Wealthfront Advisers 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 $44.49.

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]