E*TRADE Financial Corporation (ETFC) EPS Estimated At $0.80

September 16, 2018 - By Megan Stone

E*TRADE Financial Corporation (NASDAQ:ETFC) LogoInvestors sentiment increased to 1.1 in Q2 2018. Its up 0.22, from 0.88 in 2018Q1. It is positive, as 27 investors sold E*TRADE Financial Corporation shares while 163 reduced holdings. 68 funds opened positions while 141 raised stakes. 231.91 million shares or 1.91% less from 236.43 million shares in 2018Q1 were reported.
Nelson Van Denburg Campbell Wealth Mgmt Group Lc holds 12,637 shares. Crow Point Partners Ltd Llc owns 4,006 shares. Ashfield Cap Lc, California-based fund reported 4,524 shares. 271,800 were accumulated by Menora Mivtachim Hldg Ltd. San Francisco Sentry Inv Group Inc (Ca) owns 205 shares or 0% of their US portfolio. Brinker Cap holds 0.01% or 5,869 shares. Pnc Finance Ser Gp Inc has invested 0% in E*TRADE Financial Corporation (NASDAQ:ETFC). Fuller & Thaler Asset Mgmt stated it has 0% in E*TRADE Financial Corporation (NASDAQ:ETFC). Element Management Ltd Com has 13,953 shares. De Burlo Group Inc Inc owns 190,150 shares or 2.46% of their US portfolio. Cwm Limited Liability Corp invested 0% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC). Commerzbank Aktiengesellschaft Fi owns 7,248 shares or 0% of their US portfolio. Rhumbline Advisers holds 0.06% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC) for 447,334 shares. Bb&T Secs Lc invested in 31,842 shares. Blackrock stated it has 0.07% in E*TRADE Financial Corporation (NASDAQ:ETFC).

Analysts expect E*TRADE Financial Corporation (NASDAQ:ETFC) to report $0.80 EPS on October, 18.They anticipate $0.25 EPS change or 45.45 % from last quarter’s $0.55 EPS. ETFC’s profit would be $207.69M giving it 16.78 P/E if the $0.80 EPS is correct. After having $0.95 EPS previously, E*TRADE Financial Corporation’s analysts see -15.79 % EPS growth. The stock increased 0.37% or $0.2 during the last trading session, reaching $53.71. About 2.22M shares traded. E*TRADE Financial Corporation (NASDAQ:ETFC) has risen 31.31% since September 16, 2017 and is uptrending. It has outperformed by 15.69% the S&P500.

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

Among 12 analysts covering E*TRADE Financial (NASDAQ:ETFC), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. E*TRADE Financial had 20 analyst reports since March 29, 2018 according to SRatingsIntel. Credit Suisse maintained the stock with “Outperform” rating in Friday, April 20 report. The rating was maintained by Credit Suisse with “Outperform” on Friday, July 20. Keefe Bruyette & Woods maintained it with “Buy” rating and $6600 target in Thursday, April 19 report. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Overweight” rating by Barclays Capital on Friday, July 20. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) has “Overweight” rating given on Wednesday, April 25 by Morgan Stanley. Jefferies maintained E*TRADE Financial Corporation (NASDAQ:ETFC) rating on Tuesday, April 10. Jefferies has “Hold” rating and $6200 target. The firm has “Overweight” rating by Morgan Stanley given on Thursday, July 12. The stock has “Market Outperform” rating by JMP Securities on Thursday, March 29. Wells Fargo maintained the shares of ETFC in report on Monday, May 21 with “Buy” rating. As per Friday, April 6, the company rating was maintained by Deutsche Bank.

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 $13.94 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 19.26 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.

Another recent and important E*TRADE Financial Corporation (NASDAQ:ETFC) news was published by Nasdaq.com which published an article titled: “Why Did Online Brokerage Stocks (AMTD, ETFC, SCHW) Fall Today?” on August 21, 2018.

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

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