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

January 18, 2018 - By Adrian Erickson

 $0.59 EPS Expected for E*TRADE Financial Corporation (ETFC)
Investors sentiment decreased to 1.1 in Q3 2017. Its down 0.14, from 1.24 in 2017Q2. It fall, 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.
Lombard Odier Asset (Switzerland) has 25,431 shares for 0.11% of their portfolio. Bancshares Of America De has 1.65 million shares. Veritable Limited Partnership holds 0.01% in E*TRADE Financial Corporation (NASDAQ:ETFC) or 5,847 shares. Gotham Asset Management Limited Liability Corp stated it has 7,708 shares. Calamos Advisors Limited Liability Corporation has 1.53M shares for 0.51% of their portfolio. Paloma Prtnrs Mngmt Communication accumulated 0.01% or 8,445 shares. Advsrs Asset has 5,645 shares for 0% of their portfolio. Financial Bank Of Nova Scotia holds 598,848 shares or 0.15% of its portfolio. Magnetar Finance Ltd Liability stated it has 4,639 shares or 0% of all its holdings. X holds 0.01% or 11,550 shares in its portfolio. Vanguard Gru holds 0.06% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC) for 29.38 million shares. Sterling Mngmt Lc stated it has 2.98 million shares. Credit Suisse Ag has invested 0.11% of its portfolio in E*TRADE Financial Corporation (NASDAQ:ETFC). Bokf Na owns 0.06% invested in E*TRADE Financial Corporation (NASDAQ:ETFC) for 51,201 shares. Caisse De Depot Et Placement Du Quebec holds 0.05% in E*TRADE Financial Corporation (NASDAQ:ETFC) or 535,876 shares.

Since August 18, 2017, it had 0 insider purchases, and 5 sales for $2.74 million activity. Shares for $1.35 million were sold by Curcio Michael John. Another trade for 14,898 shares valued at $587,066 was made by Roessner Karl A on Friday, August 18. Another trade for 9,977 shares valued at $393,178 was made by Pizzi Michael A. on Friday, August 18.

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 $157.22M giving it 22.76 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 0.51% or $0.275 during the last trading session, reaching $53.725. About 1.24 million shares traded. E*TRADE Financial Corporation (NASDAQ:ETFC) has risen 29.03% since January 18, 2017 and is uptrending. It has outperformed by 12.33% the S&P500.

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

Among 22 analysts covering E*TRADE (NASDAQ:ETFC), 19 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. E*TRADE had 79 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Hold” rating by Suntrust Robinson given on Tuesday, November 29. Barclays Capital maintained E*TRADE Financial Corporation (NASDAQ:ETFC) on Friday, January 22 with “Overweight” rating. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) has “Buy” rating given on Thursday, March 17 by Deutsche Bank. Morgan Stanley upgraded the stock to “Overweight” rating in Wednesday, January 3 report. SunTrust maintained the stock with “Buy” rating in Friday, October 20 report. The firm earned “Overweight” rating on Friday, October 20 by Barclays Capital. On Sunday, August 9 the stock rating was maintained by Standpoint Research with “Hold”. Keefe Bruyette & Woods maintained it with “Hold” rating and $58.0 target in Wednesday, January 10 report. The stock has “Buy” rating by Compass Point on Friday, July 22. Goldman Sachs downgraded the stock to “Buy” rating in Tuesday, January 12 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 $14.32 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 25.23 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 important recent E*TRADE Financial Corporation (NASDAQ:ETFC) news were published by: Zacks.com which released: “Bull of the Day: E*Trade (ETFC)” on January 18, 2018, also Nasdaq.com published article titled: “E*Trade Financial, Vitamin Shoppe and Netflix highlighted as Zacks Bull and …”, Seekingalpha.com published: “E*Trade allows CBOE bitcoin futures” on December 21, 2017. More interesting news about E*TRADE Financial Corporation (NASDAQ:ETFC) was released by: Businesswire.com and their article: “E*TRADE Financial Corporation Announces Fourth Quarter and Full Year 2017 …” with publication date: January 11, 2018.

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