E*TRADE Financial Corporation (ETFC) EPS Estimated At $0.88

June 15, 2018 - By Dolores Ford

E*TRADE Financial Corporation (NASDAQ:ETFC) LogoInvestors sentiment decreased to 0.88 in 2018 Q1. Its down 0.08, from 0.96 in 2017Q4. It turned negative, as 39 investors sold E*TRADE Financial Corporation shares while 168 reduced holdings. 60 funds opened positions while 122 raised stakes. 236.43 million shares or 0.72% less from 238.15 million shares in 2017Q4 were reported.
Federated Invsts Pa holds 125,629 shares. Teacher Retirement System Of Texas owns 545,882 shares. Mendon Capital Advsr Corp has invested 0.25% in E*TRADE Financial Corporation (NASDAQ:ETFC). 1832 Asset L P, a Ontario – Canada-based fund reported 583,644 shares. California Public Employees Retirement Systems has 745,323 shares for 0.06% of their portfolio. Royal Fincl Bank Of Canada invested in 551,335 shares or 0.01% of the stock. Us Bank De accumulated 185,374 shares. M&T Savings Bank Corporation has 0.01% invested in E*TRADE Financial Corporation (NASDAQ:ETFC) for 47,328 shares. Usa Portformulas Corporation accumulated 1.13% or 84,506 shares. Nomura Holdings Incorporated holds 96,422 shares. Savant Cap Limited Com has invested 0.05% in E*TRADE Financial Corporation (NASDAQ:ETFC). 10,104 are held by Daiwa Secs. Shelton Cap stated it has 0.29% in E*TRADE Financial Corporation (NASDAQ:ETFC). Sumitomo Mitsui Asset Mgmt Limited has invested 0.02% in E*TRADE Financial Corporation (NASDAQ:ETFC). Envestnet Asset Management reported 7,969 shares.

Since January 30, 2018, it had 0 insider buys, and 6 insider sales for $12.52 million activity. Another trade for 7,680 shares valued at $407,040 was sold by Simonich Brent. The insider Pizzi Michael A. sold 69,829 shares worth $3.60 million. The insider LAWSON RODGER A sold 13,174 shares worth $675,418. 2,000 E*TRADE Financial Corporation (NASDAQ:ETFC) shares with value of $105,500 were sold by SCLAFANI JOSEPH L. $1.77M worth of E*TRADE Financial Corporation (NASDAQ:ETFC) was sold by Curcio Michael John.

Analysts expect E*TRADE Financial Corporation (NASDAQ:ETFC) to report $0.88 EPS on July, 19.They anticipate $0.36 EPS change or 69.23 % from last quarter’s $0.52 EPS. ETFC’s profit would be $232.19M giving it 18.42 P/E if the $0.88 EPS is correct. After having $0.88 EPS previously, E*TRADE Financial Corporation’s analysts see 0.00 % EPS growth. The stock decreased 0.06% or $0.04 during the last trading session, reaching $64.84. About 1.60M shares traded. E*TRADE Financial Corporation (NASDAQ:ETFC) has risen 82.27% since June 15, 2017 and is uptrending. It has outperformed by 69.70% the S&P500.

E*TRADE Financial Corporation (NASDAQ:ETFC) Ratings Coverage

Among 14 analysts covering E*Trade Financial (NASDAQ:ETFC), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. E*Trade Financial had 30 analyst reports since December 21, 2017 according to SRatingsIntel. SunTrust maintained E*TRADE Financial Corporation (NASDAQ:ETFC) on Friday, January 26 with “Buy” rating. Morgan Stanley maintained E*TRADE Financial Corporation (NASDAQ:ETFC) on Tuesday, April 10 with “Overweight” rating. The firm has “Outperform” rating given on Tuesday, March 6 by Wood. Morgan Stanley maintained E*TRADE Financial Corporation (NASDAQ:ETFC) rating on Tuesday, January 30. Morgan Stanley has “Overweight” rating and $64 target. On Wednesday, April 25 the stock rating was maintained by Morgan Stanley with “Overweight”. Sandler O’Neill maintained E*TRADE Financial Corporation (NASDAQ:ETFC) on Friday, April 20 with “Hold” rating. The firm has “Hold” rating given on Monday, January 8 by Jefferies. Sandler O’Neill maintained E*TRADE Financial Corporation (NASDAQ:ETFC) on Friday, January 26 with “Hold” rating. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) has “Market Outperform” rating given on Thursday, March 29 by JMP Securities. The company was maintained on Wednesday, January 10 by Keefe Bruyette & Woods.

E*TRADE Financial Corporation, a financial services company, provides brokerage and related services and products primarily to individual retail investors under the E*TRADE Financial brand. The company has market cap of $17.11 billion. It also offers investor-focused banking products, primarily deposits to retail investors; and financial corporate services, such as software and services for managing equity compensation plans to its corporate clients. It has a 30.16 P/E ratio. The firm provides its services to clients through digital platforms; and a network of customer service representatives and financial consultants through phone, email, and online at two branches, as well as in person through 30 branches across the United States.

More news for E*TRADE Financial Corporation (NASDAQ:ETFC) were recently published by: Benzinga.com, which released: “The Week Ahead: Central Bank Bonanza, AT&T Court Ruling, North Korea Summit” on June 11, 2018. Streetinsider.com‘s article titled: “E*TRADE Financial (ETFC) May DARTs Increase 1% MoM” and published on June 14, 2018 is yet another important article.

E*TRADE Financial Corporation (NASDAQ:ETFC) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.