NASDAQ:ETFC - E*TRADE Financial Stock Price, Price Target & More

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

E*TRADE Financial announced that its Board of Directors has approved a share buyback program on Friday, July 21st 2017, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 9.2% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

E*TRADE Financial Corp (NASDAQ:ETFC) posted its quarterly earnings data on Thursday, April, 19th. The financial services provider reported $0.88 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.79 by $0.09. The financial services provider earned $708 million during the quarter, compared to the consensus estimate of $686.31 million. E*TRADE Financial had a net margin of 28.40% and a return on equity of 11.64%. The firm's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.48 earnings per share. View E*TRADE Financial's Earnings History.

E*TRADE Financial is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for E*TRADE Financial.

17 brokerages have issued 1 year price targets for E*TRADE Financial's shares. Their predictions range from $47.00 to $78.00. On average, they expect E*TRADE Financial's share price to reach $63.2941 in the next year. This suggests a possible upside of 5.6% from the stock's current price. View Analyst Ratings for E*TRADE Financial.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for E*TRADE Financial in the last year. There are currently 2 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to E*TRADE Financial include People's United Financial (PBCT), Umpqua (UMPQ), TFS Financial (TFSL), BankUnited (BKU), BofI (BOFI), Flagstar Bancorp (FBC), LegacyTexas Financial Group (LTXB), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), Brookline Bancorp (BRKL), OceanFirst Financial (OCFC), Kearny Financial (KRNY), Meta Financial Group (CASH), BBX Capital Corp Class B (BBXTB) and Northfield Bancorp (NFBK).

News articles about ETFC stock have trended somewhat negative this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. E*TRADE Financial earned a news sentiment score of -0.04 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 43.63 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

E*TRADE Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Manning & Napier Group LLC (0.56%), Fisher Asset Management LLC (0.35%), Bank of Montreal Can (0.30%), Cito Capital Group LLC (0.04%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%) and Clinton Group Inc. (0.03%). Company insiders that own E*TRADE Financial stock include Brent Simonich, James P Healy, Joseph L Sclafani, Karl A Roessner, Michael A Pizzi, Michael John Curcio 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 Manning & Napier Group LLC, Fisher Asset Management LLC, State of Alaska Department of Revenue, Cito Capital Group LLC and Fjarde AP Fonden Fourth Swedish National Pension Fund. Company insiders that have sold E*TRADE Financial company stock in the last year include Brent Simonich, Joseph L Sclafani, Karl A Roessner, Michael A Pizzi, Michael John Curcio and Rodger A Lawson. View Insider Buying and Selling for E*TRADE Financial.

ETFC stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Clinton Group Inc., First American Trust FSB, DnB Asset Management AS, First Citizens Bank & Trust Co., Empowered Funds LLC, Bremer Trust National Association and Gateway Investment Advisers LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of ETFC stock can currently be purchased for approximately $59.91.

E*TRADE Financial has a market capitalization of $15.77 billion and generates $2.37 billion in revenue each year. The financial services provider earns $614 million in net income (profit) each year or $2.19 on an earnings per share basis. E*TRADE Financial employs 3,607 workers across the globe.

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]