NASDAQ:ETFCE*TRADE Financial Stock Price, Forecast & News

E*TRADE Financial's stock was trading at $36.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ETFC shares have increased by 11.7% and is now trading at $41.16. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for E*TRADE Financial in the last year. There are currently 12 hold ratings and 1 buy rating 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 Thursday, July 16th 2020. View our earnings forecast for E*TRADE Financial.

E*TRADE Financial Corp (NASDAQ:ETFC) issued its quarterly earnings data on Thursday, April, 23rd. The financial services provider reported $0.74 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.92 by $0.18. The financial services provider earned $707 million during the quarter, compared to analysts' expectations of $721.59 million. E*TRADE Financial had a net margin of 29.81% and a return on equity of 15.84%. E*TRADE Financial's revenue for the quarter was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.09 earnings per share. View E*TRADE Financial's earnings history.

E*TRADE Financial announced a quarterly dividend on Thursday, April 23rd. Stockholders of record on Wednesday, May 13th will be given a dividend of $0.14 per share on Tuesday, May 19th. This represents a $0.56 annualized dividend and a dividend yield of 1.36%. The ex-dividend date is Tuesday, May 12th. View E*TRADE Financial's dividend history.

E*TRADE Financial announced that its Board of Directors has approved a stock repurchase plan on Thursday, July 18th 2019, which authorizes the company to repurchase $1,500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 12.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its stock is undervalued.

13 brokers 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 $44.42 in the next year. This suggests a possible upside of 7.9% from the stock's current price. View analysts' price targets for E*TRADE Financial.

Press coverage about ETFC stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. E*TRADE Financial earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories 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 impact on the stock's share price in the next few days. View the latest news aboutE*TRADE Financial.

E*TRADE Financial saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 13,280,000 shares, an increase of 17.2% from the April 30th total of 11,330,000 shares. Based on an average daily trading volume, of 6,140,000 shares, the days-to-cover ratio is currently 2.2 days. Approximately 6.0% 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), Stifel Financial (SF), Lazard (LAZ), Evercore (EVR), BGC Partners (BGCP), INTL Fcstone (INTL), Piper Jaffray Companies (PJC), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL). View all 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), Micron Technology (MU), Netflix (NFLX), Bank of America (BAC), Intel (INTC), BlackRock (BLK), salesforce.com (CRM) and Twitter (TWTR).

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

E*TRADE Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.26%), Primecap Management Co. CA (5.40%), State Street Corp (4.30%), Victory Capital Management Inc. (2.10%), First Trust Advisors LP (1.83%) and Geode Capital Management LLC (1.68%). Company insiders that own E*TRADE Financial stock include Brent Simonich, James P Healy, 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 Bank of New York Mellon Corp, Thrivent Financial for Lutherans, Victory Capital Management Inc., Primecap Management Co. CA, Wells Fargo & Company MN, BlackRock Inc., Lord Abbett & CO. LLC, and Nuveen Asset Management LLC. Company insiders that have sold E*TRADE Financial company stock in the last year include Michael John Curcio, and Rodger A Lawson. View insider buying and selling activity for E*TRADE Financial.

ETFC stock was acquired by a variety of institutional investors in the last quarter, including Magnetar Financial LLC, Omni Partners LLP, ARP Americas LP, Alpine Associates Management Inc., Assenagon Asset Management S.A., CNH Partners LLC, Healthcare of Ontario Pension Plan Trust Fund, and PSquared Asset Management AG. 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 activity 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 $41.16.

E*TRADE Financial has a market capitalization of $9.10 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'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]