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

E*TRADE Financial's stock was trading at $36.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ETFC stock has decreased by 7.1% and is now trading at $34.25. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for E*TRADE Financial in the last year. There are currently 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for E*TRADE Financial.

E*TRADE Financial is scheduled to release its next quarterly earnings announcement on Wednesday, April 15th 2020. View our earnings forecast for E*TRADE Financial.

E*TRADE Financial Corp (NASDAQ:ETFC) released 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 had revenue of $679 million for the quarter, compared to analysts' expectations of $672.06 million. E*TRADE Financial had a net margin of 33.09% and a return on equity of 17.09%. The business's revenue was down 7.6% on a year-over-year basis. During the same quarter last year, the business posted $1.06 earnings per share. View E*TRADE Financial's earnings history.

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 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date is Monday, February 24th. View E*TRADE Financial's dividend history.

E*TRADE Financial declared that its board has initiated a share buyback plan 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 buy up to 12.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

12 Wall Street analysts have issued 12-month target prices for E*TRADE Financial's shares. Their forecasts range from $13.00 to $57.00. On average, they expect E*TRADE Financial's stock price to reach $46.96 in the next twelve months. This suggests a possible upside of 37.1% from the stock's current price. View analysts' price targets for E*TRADE Financial.

Press coverage about ETFC stock has trended very negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. E*TRADE Financial earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutE*TRADE Financial.

E*TRADE Financial saw a increase in short interest in March. As of March 13th, there was short interest totaling 9,745,500 shares, an increase of 60.8% from the February 27th total of 6,060,000 shares. Based on an average trading volume of 7,045,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 4.4% of the shares of the company 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), Twitter (TWTR) and Advanced Micro Devices (AMD).

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

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 $34.25.

E*TRADE Financial has a market capitalization of $7.57 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]