|Bid||63.88 x 1200|
|Ask||65.20 x 1000|
|Day's Range||64.29 - 65.09|
|52 Week Range||33.98 - 65.36|
|PE Ratio (TTM)||30.07|
|Earnings Date||Jul 18, 2018 - Jul 23, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||67.88|
In May, E*TRADE Financial (ETFC) is tracked by 17 analysts. Nine analysts suggested a “strong buy” for ETFC, and two gave “hold” ratings. The remaining six analysts suggested a “buy” on E*TRADE Financial. These ratings are unchanged from April.
E*TRADE Financial’s (ETFC) price-to-earnings ratio is ~17.1x. This highlights its discounted valuation versus the average PE ratio of its peers of ~24.1x. Among the company’s competitors, Charles Schwab (SCHW), TD Ameritrade Holding (AMTD), and Interactive Brokers Group (IBKR) have price-to-earnings ratios of ~22.5x, ~16.7x, and ~33.1x, respectively, on a next-12-months (or NTM) basis.
Global economic factors impact the performance metrics of E*TRADE Financial (ETFC), as well as its competitors (XLF) TD Ameritrade Holding (AMTD), Interactive Brokers Group (IBKR), and Charles Schwab (SCHW).
Stock Research Monitor: VIRT, CME, and ETFC LONDON, UK / ACCESSWIRE / May 18, 2018 / If you want a free Stock Review on BGCP sign up now at www.wallstequities.com/registration . In today's pre-market research, ...
E*TRADE Financial, the New York online brokerage that acquired TCA Advisors for $275 million back in October, has rolled out one of its first enhancements since the business has been rebranded TCA by E*TRADE. According to a report in Investment News, E*TRADE Financial Corporation ( ETFC) has expanded its Money Manager X-Change platform to include portfolios and investment strategies from the likes of Morningstar, Investment Management, ClearBridge Investments, Manning & Napier and Earth Equity Advisors. Investment News noted that the Money Manager X-Change platform enables advisors to access and match the strategies of outside money managers.
Good earnings and sales growth prospects, and strong fundamentals make LPL Financial (LPLA) a good investment option right now.
According to E*TRADE Financial (ETFC), the direct brokerage industry is positively impacted by the use of its digital tools. Market participants appear to favor the companies operating in the direct brokerage industry, as they charge lower fees compared to traditional brokers. The direct brokerage industry is expected to witness a boost in its business momentum as significant untapped opportunities are available.
E*TRADE Financial (ETFC) saw strong performance among its business activities in the first quarter. The company’s strong performance is mainly attributable to higher trading volumes as well as anticipation by market participants regarding the Federal Reserve’s decision regarding interest rate hikes. E*TRADE reported 60,000 net new brokerage accounts in the first quarter.
E*TRADE reported this week that daily average revenue trades (DARTs) during the month of April declined 12% from March. In a press release, the New York-based online brokerage said that derivatives accounted for 36% of DARTs during April. While customers reigned in trading during April, E*TRADE Financial Corporation ( ETFC) was able to add 188,056 gross new brokerage accounts and as of April had 3.9 million brokerage accounts, an increase of 155,634 from March.
E*TRADE stock may be up more than 28% since the start of the year, and that's with the mid-February market correction, but Zacks Investment Research thinks there is still room for the stock to go higher. "The stock has an impressive record of positive earnings surprises, having beaten the Zacks Consensus Estimate in each of the last four quarters," wrote Zacks in the report. "In its last earnings report on April 19, 2018, E*TRADE Financial reported EPS of $0.88 versus the Zacks Consensus Estimate of $0.79 while it beat the consensus revenue estimate by 2.61%." Zacks noted that E*TRADE is expected to weigh in with full fiscal year earnings per share of $3.62 and revenue of $2.89 billion.
On May 14, Charles Schwab (SCHW) released its April metrics. Brokerages (XLF) had a strong 1Q18, with increased volatility boosting their trading revenue. Whereas Charles Schwab, TD Ameritrade (AMTD), E*TRADE Financial (ETFC), and Interactive Brokers Group (IBKR) were boosted by higher volatility and interest rate expectations in 1Q18, they may see lower volatility in 2Q18.
E*TRADE Financial Corp. (ETFC), one of the leading brokerage firms, reported its metrics for April 2018 yesterday. In the first quarter, the company saw significant trading volumes, primarily due to increased volatility.
So far, the earnings season has been strong, with many companies beating analysts’ expectations. Could this momentum continue?
In 1Q18, brokerages (XLF) such as Interactive Brokers (IBKR), Charles Schwab (SCHW), E*TRADE Financial (ETFC), and TD Ameritrade (AMTD) benefited from higher volatility in equity markets due to trade war tensions and rate hike expectations.
Investors may be releasing a big sigh of relief that inflation isn't on the rise coming off of last week's jobs report and commentary from the May Federal Reserve meeting. "Cautious optimism seems to be the most common reaction to last week's Fed statement and jobs report, and the stock market closed the week on a generally positive note despite slight overall declines for both the S&P 500 and Dow Jones Industrial Average," wrote E*TRADE Financial Corporation ( ETFC) in the post.
Charles Schwab released activity for the month of April that showed a 12% increase in total client assets on a year-over-year basis but was flat with March. In a press release, The Charles Schwab Corporation ( SCHW) announced that core net new assets brought into Schwab from new and existing clients reached $9.9 billion at the end of April, which excluded expected outflows of $9.5 billion from certain mutual fund clearing services clients. Total client assets of $3.31 trillion at the San Francisco-based discount brokerage as of the end of April marked a 12% year-over-year increase and were flat with levels from March.
E*TRADE Financial Corporation is at a 52-week high, but can investors hope for more gains in the future? We take a look at the fundamentals for ETFC for clues.
The stock trading app makes revenue through its subscription Robinhood Gold product, which offers margin and extended-hours trading. Among online brokerages, Robinhood's margin rates "tend to be on the low side, but not the lowest," said Javier Paz, senior analyst, Aite Wealth Management Practice. Robinhood has more than 4 million accounts approved to trade and collects interest on customer deposits, similar to a bank.
Free stock-trading mobile app Robinhood has hit a major milestone in its five years in operations: it has surpassed E*TRADE in terms of customers. In a blog post announcing that it recently raised $363 million in capital, giving it a valuation of $5.6 billion, Robinhood revealed that it has reached more than 4 million users. The $363 million in venture funding came via a Series D round led by DTS Global and included new investors Iconiq, Capital G, Sequoia Capital and Kleiner Perkins.
After a huge year in 2017, the cryptocurrency market has cooled off so far in 2018. One analyst sees the sell-off in Riot Blockchain Inc (NASDAQ: RIOT ) as a buying opportunity. The Analyst H.C. Wainwright ...