|Bid||49.10 x 2200|
|Ask||52.52 x 2900|
|Day's Range||51.09 - 52.50|
|52 Week Range||44.01 - 66.46|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||15.86|
|Earnings Date||Jan 23, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||0.56 (1.04%)|
|1y Target Est||62.13|
E-Trade (ETFC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
In a note to clients on Wednesday, bulls at Morgan Stanley upgraded shares of TD Ameritrade ( AMTD), naming it a "top pick" alongside peers E*Trade Financial ( ETFC) and Charles Schwab ( SCHW), as outlined by Barron's. "The discount brokers offer more consistent earnings with greater visibility,” wrote Morgan Stanley.
Republicans skew more bullish than Democrats on the market yet less positive on personal impact
If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider E*TRADE Financial (ETFC).
Morgan Stanley upgraded TD Ameritrade while calling it—along with E*Trade Financial and Charles Schwab—a “top pick” among asset managers and brokers
E*TRADE (ETFC) buys around one million retail brokerage accounts from Capital One Financial (COF), for a deal price of $109 million.
The MainFirst buyout will give Stifel (SF) the full German banking license, enabling it to offer products and services post Brexit as well.
President Donald Trump has said he doesn't like the Federal Reserve's decision to continue to hike interest rates, but many Americans disagree. As another Open Market Committee meeting of the Federal Reserve gets underway, recent signs of rising inflation , which pushed the central bank into hiking rates beginning in 2015, aren't necessarily bad, some investors say in a new poll. Only 8 percent in the survey were primarily concerned about the variable interest rate on their credit card, which rises in lockstep with the Fed's benchmark rate.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting ETFC. Over the last one-month, outflows of investor capital in ETFs holding ETFC totaled $4.12 billion.
Goldman Sachs (GS) conducts a "front to back" review of its operations in order to improve transparency and boost efficiency.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting ETFC. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The Federal Reserve said on Wednesday it wants to ease regulations for U.S. lenders with less than $700 billion in assets, a way to lessen the burden on big commercial lenders that do not have volatile Wall Street businesses. Under the Fed proposal, midsized lenders including U.S. Bancorp, Capital One Financial Corp, PNC Financial Corp and Charles Schwab Corp would face lower liquidity and compliance requirements, and smaller banks would get even easier treatment. The proposal stems from a law Congress passed in May that ordered the Fed to reduce regulatory burdens on community and regional lenders.
Raymond James' Patrick O'Shaughnessy attributed his upbeat outlook to expectations for at least two additional Federal Reserve rate hikes, as well as "very healthy" consumer growth metrics which should drive the brokerage's "healthy earnings per share growth" over the next couple years. For investors seeking a solid dividend pay, Schwab is particularly attractive after hiking its payout by 30% in July and deciding to pay a quarterly divided.
The end of a strategic review earlier this month is likely to have ended speculation that management might look to sell. Some observers saw the potential for a sale as one of the key reasons to like the stock. “Even assuming the rate environment moves against E*Trade, commission rates are cut to zero, and the [price-to-earnings multiple compresses to 10x [from current levels of 11.5 times], we only calculate potential downside to about $37 per share,” O’Shaughnessy wrote.
Down nearly 20 percent in the past six months, Raymond James is recommending investors buy the dip in broker Charles Schwab Corporation (NYSE: SCHW ). Separately, the firm continues to recommend buying ...
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