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. Shareholders 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 yield of 1.02%. 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 initiated a stock buyback program 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 stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its shares are undervalued.

E*TRADE Financial Corp (NASDAQ:ETFC) announced its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $0.84 earnings per share for the quarter, beating 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 net margin of 33.09% and a return on equity of 17.09%. E*TRADE Financial's quarterly revenue was down 7.6% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 brokerages have issued 1-year price targets for E*TRADE Financial's shares. Their forecasts range from $41.00 to $62.00. On average, they anticipate E*TRADE Financial's share price to reach $48.86 in the next twelve months. This suggests that the stock has a possible downside of 10.7%. 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 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for E*TRADE Financial.

News coverage about ETFC stock has been trending extremely negative on Thursday, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. E*TRADE Financial earned a coverage optimism score of -4.5 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for E*TRADE Financial.

E*TRADE Financial saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 5,000,000 shares, an increase of 34.8% from the January 15th total of 3,710,000 shares. Based on an average daily volume of 3,390,000 shares, the short-interest ratio is presently 1.5 days. Currently, 2.3% 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), 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 number of of institutional and retail investors. Top institutional investors include State Street Corp (4.04%), Victory Capital Management Inc. (2.93%), Victory Capital Management Inc. (2.91%), Bank of New York Mellon Corp (2.11%), FMR LLC (1.89%) and First Trust Advisors LP (1.55%). 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 FMR LLC, PNC Financial Services Group Inc., Argent Capital Management LLC, Panagora Asset Management Inc., State Street Corp, Janus Henderson Group PLC, Lord Abbett & CO. LLC and Alliancebernstein L.P.. 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 for E*TRADE Financial.

ETFC stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Banco Santander S.A., Renaissance Technologies LLC, EJF Capital LLC, Man Group plc, Public Sector Pension Investment Board, Massachusetts Financial Services Co. MA and CIBC World Markets Inc.. 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 $54.73.

E*TRADE Financial has a market capitalization of $13.39 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 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]