0 59 eps expected for etrade financial corporation etfc


$0.59 EPS Expected for E*TRADE Financial Corporation (ETFC)


December 21, 2017 – By Adrian Mccoy



Investors sentiment decreased to 1.1 in 2017 Q3. Its down 0.14, from 1.24 in 2017Q2. It is negative, as 33 investors sold E*TRADE Financial Corporation shares while 144 reduced holdings. 63 funds opened positions while 132 raised stakes. 245.70 million shares or 0.21% less from 246.20 million shares in 2017Q2 were reported.

Moreover, Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems has 0.01% invested in E*TRADE Financial Corporation (NASDAQ:ETFC) for 22,369 shares. Deutsche Savings Bank Ag holds 2.63M shares or 0.08% of its portfolio. Daiwa Securities Grp holds 0% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC) for 9,353 shares. Verition Fund Mgmt Ltd Liability Com reported 0.08% in E*TRADE Financial Corporation (NASDAQ:ETFC). Hap Trading Limited Liability Corp holds 39,711 shares. Bessemer reported 609 shares. Citadel Ltd Company holds 0.07% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC) for 2.12 million shares. Dupont owns 0.02% invested in E*TRADE Financial Corporation (NASDAQ:ETFC) for 24,399 shares. San Francisco Sentry Invest Grp (Ca) reported 205 shares. Farmers And Merchants Invests Inc has invested 0% in E*TRADE Financial Corporation (NASDAQ:ETFC). Sumitomo Mitsui Asset Mgmt Limited reported 21,444 shares stake. Rafferty Asset Mngmt Limited Liability Company owns 46,018 shares or 0.05% of their US portfolio. Liberty Mutual Group Inc Asset Mngmt reported 0.03% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC). Barclays Public Ltd Com holds 0.01% or 237,212 shares. State Board Of Administration Of Florida Retirement System owns 443,075 shares or 0.05% of their US portfolio.

Since August 18, 2017, it had 0 insider buys, and 5 insider sales for $2.74 million activity. 1,462 shares valued at $59,157 were sold by LAWSON RODGER A on Tuesday, September 12. $393,178 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) was sold by Pizzi Michael A.. 33,474 shares were sold by Curcio Michael John, worth $1.35 million on Tuesday, September 12.




Analysts expect E*TRADE Financial Corporation (NASDAQ:ETFC) to report $0.59 EPS on January, 25.They anticipate $0.16 EPS change or 37.21 % from last quarter’s $0.43 EPS. ETFC’s profit would be $157.21 million giving it 20.99 P/E if the $0.59 EPS is correct. After having $0.55 EPS previously, E*TRADE Financial Corporation’s analysts see 7.27 % EPS growth. The stock decreased 0.06% or $0.03 during the last trading session, reaching $49.54. About 1.68 million shares traded. E*TRADE Financial Corporation (NASDAQ:ETFC) has risen 29.03% since December 21, 2016 and is uptrending. It has outperformed by 12.33% the S&P500.

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

Among 21 analysts covering E*TRADE (NASDAQ:ETFC), 18 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. E*TRADE had 74 analyst reports since July 24, 2015 according to SRatingsIntel. Goldman Sachs downgraded the shares of ETFC in report on Friday, July 22 to “Neutral” rating. Credit Suisse maintained it with “Outperform” rating and $30 target in Monday, February 22 report. On Thursday, April 7 the stock rating was maintained by Jefferies with “Hold”. The company was initiated on Wednesday, July 13 by Buckingham Research. Compass Point maintained E*TRADE Financial Corporation (NASDAQ:ETFC) on Friday, July 22 with “Buy” rating. On Tuesday, October 3 the stock rating was maintained by Jefferies with “Hold”. The rating was initiated by Credit Agricole on Tuesday, October 13 with “Outperform”. Deutsche Bank maintained E*TRADE Financial Corporation (NASDAQ:ETFC) on Thursday, March 17 with “Buy” rating. The firm has “Hold” rating by Jefferies given on Thursday, July 20. Deutsche Bank maintained it with “Buy” rating and $33.0 target in Friday, January 8 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 $13.20 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 23.27 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 notable recent E*TRADE Financial Corporation (NASDAQ:ETFC) news were published by: Seekingalpha.com which released: “E*TRADE: More Assets, More Interest, More Earnings” on December 06, 2017, also Businesswire.com with their article: “E*TRADE Financial Corporation Reports Monthly Activity for November 2017” published on December 14, 2017, Reuters.com published: “E*Trade lets customers trade in Cboe bitcoin futures” on December 21, 2017. More interesting news about E*TRADE Financial Corporation (NASDAQ:ETFC) were released by: Reuters.com and their article: “BRIEF-E*Trade Financial Corp Reports Monthly Activity For November 2017” published on December 14, 2017 as well as Seekingalpha.com‘s news article titled: “E*Trade allows CBOE bitcoin futures” with publication date: December 21, 2017.

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