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

June 15, 2018 - By Gloria Calhoun

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.
556,514 are owned by Hsbc Public Limited Com. Prudential Fin reported 301,632 shares. Fdx Advisors invested in 31,433 shares or 0.05% of the stock. Stifel accumulated 0.01% or 32,765 shares. Smith Asset Management Grp Ltd Partnership stated it has 0% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC). Kbc Gp Nv invested 0.22% in E*TRADE Financial Corporation (NASDAQ:ETFC). Beacon Fincl Group Inc Inc accumulated 5,223 shares. 167,297 were reported by Riverhead Cap Mngmt Limited Liability Company. Financial Bank Of Montreal Can, a Ontario – Canada-based fund reported 667,062 shares. Sei has invested 0.04% in E*TRADE Financial Corporation (NASDAQ:ETFC). Suntrust Banks owns 4,755 shares or 0% of their US portfolio. 1.23M were reported by Toscafund Asset Llp. Calamos Advisors Ltd Co stated it has 0.5% in E*TRADE Financial Corporation (NASDAQ:ETFC). Toronto Dominion Fincl Bank holds 145,679 shares. Gateway Investment Advisers stated it has 14,749 shares.

Since January 30, 2018, it had 0 insider buys, and 6 insider sales for $12.52 million activity. LAWSON RODGER A also sold $675,418 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) on Wednesday, February 7. Roessner Karl A sold $5.96 million worth of E*TRADE Financial Corporation (NASDAQ:ETFC) on Wednesday, February 7. Simonich Brent also sold $407,040 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) shares. The insider Pizzi Michael A. sold $3.60 million. 2,000 shares were sold by SCLAFANI JOSEPH L, worth $105,500.

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 1.60 million 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. The rating was maintained by Jefferies on Tuesday, April 10 with “Hold”. As per Tuesday, March 6, the company rating was upgraded by Wood. On Thursday, March 29 the stock rating was maintained by JMP Securities with “Market Outperform”. Keefe Bruyette & Woods upgraded the shares of ETFC in report on Tuesday, March 6 to “Buy” rating. The stock has “Overweight” rating by Morgan Stanley on Wednesday, April 25. As per Tuesday, January 30, the company rating was maintained by Morgan Stanley. Jefferies maintained the stock with “Hold” rating in Monday, January 8 report. The company was maintained on Thursday, January 25 by Jefferies. The rating was maintained by SunTrust with “Buy” on Friday, January 26. Morgan Stanley upgraded the stock to “Overweight” rating in Wednesday, January 3 report.

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

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