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

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

E*TRADE Financial declared 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 declared that its board has initiated a stock buyback plan on Thursday, July 18th 2019, which permits the company to repurchase $1,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 12.9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its shares are undervalued.

E*TRADE Financial Corp (NASDAQ:ETFC) posted its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $0.84 earnings per share 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 the consensus estimate of $672.06 million. E*TRADE Financial had a net margin of 33.09% and a return on equity of 17.09%. The company's revenue for the quarter was down 7.6% compared to the same quarter last year. During the same period in the previous year, the company posted $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 1 year target prices 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 $48.41 in the next twelve months. This suggests a possible upside of 9.2% 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.

Press coverage about ETFC stock has trended somewhat negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. 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 news impact score of -1.4 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for E*TRADE Financial.

E*TRADE Financial saw a decline in short interest in 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 currently 1.0 days. Currently, 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 a variety of 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%), Zurcher Kantonalbank Zurich Cantonalbank (0.03%), State of Michigan Retirement System (0.02%) and Campbell & CO Investment Adviser LLC (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, Bremer Bank National Association, State of Alaska Department of Revenue, Eqis Capital Management Inc., State of Michigan Retirement System, IFM Investors Pty Ltd, Arizona State Retirement System and Commerzbank Aktiengesellschaft FI. 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 acquired 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 $44.34.

E*TRADE Financial has a market capitalization of $10.85 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]