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

June 20, 2018 - By Vivian Currie

E*TRADE Financial Corporation (NASDAQ:ETFC) LogoInvestors sentiment decreased to 0.88 in Q1 2018. Its down 0.08, from 0.96 in 2017Q4. It fall, 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.
Focused Wealth holds 0% or 5 shares. Toscafund Asset Llp accumulated 37.69% or 1.23 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 171,513 shares or 0.09% of the stock. Schroder Investment Mgmt Gp reported 5,037 shares stake. Balyasny Asset Mngmt Limited Liability Corporation holds 3.63M shares or 0.84% of its portfolio. Verition Fund Mngmt Lc invested in 37,327 shares. Mutual Of America Capital Management Ltd Liability Co holds 0.03% or 34,013 shares. Massachusetts Fincl Ma has invested 0.02% in E*TRADE Financial Corporation (NASDAQ:ETFC). Sg Cap Mngmt Ltd Liability Corporation holds 2.06% or 193,852 shares in its portfolio. Hanseatic Services stated it has 0.69% in E*TRADE Financial Corporation (NASDAQ:ETFC). Renaissance Lc holds 0.03% or 506,440 shares. State Of Wisconsin Board has 0.04% invested in E*TRADE Financial Corporation (NASDAQ:ETFC) for 246,426 shares. Advent Ma holds 212,519 shares or 0.24% of its portfolio. Sun Life Finance owns 67 shares. Axa accumulated 15,450 shares.

Since January 30, 2018, it had 0 insider buys, and 6 sales for $12.52 million activity. Shares for $3.60 million were sold by Pizzi Michael A. on Wednesday, February 7. Roessner Karl A sold $5.96 million worth of E*TRADE Financial Corporation (NASDAQ:ETFC) on Wednesday, February 7. $407,040 worth of E*TRADE Financial Corporation (NASDAQ:ETFC) was sold by Simonich Brent. 2,000 shares were sold by SCLAFANI JOSEPH L, worth $105,500 on Tuesday, January 30. $1.77M worth of stock was sold by Curcio Michael John on Wednesday, February 7.

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 $232.18 million giving it 18.32 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 increased 0.12% or $0.08 during the last trading session, reaching $64.47. About 1.37M shares traded. E*TRADE Financial Corporation (NASDAQ:ETFC) has risen 82.27% since June 20, 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 firm has “Buy” rating given on Monday, May 21 by Wells Fargo. SunTrust maintained the stock with “Buy” rating in Monday, February 12 report. The stock has “Hold” rating by Sandler O’Neill on Friday, April 20. Jefferies maintained the shares of ETFC in report on Thursday, January 25 with “Hold” rating. On Tuesday, January 30 the stock rating was maintained by Morgan Stanley with “Overweight”. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Overweight” rating by Morgan Stanley on Tuesday, April 10. As per Wednesday, March 14, the company rating was maintained by Sandler O’Neill. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) has “Hold” rating given on Monday, January 8 by Sandler O’Neill. The rating was maintained by Deutsche Bank with “Buy” on Friday, April 6. The stock of E*TRADE Financial Corporation (NASDAQ:ETFC) earned “Overweight” rating by Morgan Stanley on Wednesday, April 25.

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 $17.01 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 25.33 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 Streetinsider.com which published an article titled: “E*TRADE Financial (ETFC) May DARTs Increase 1% MoM” on June 14, 2018.

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

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