E*TRADE Financial Corp (NASDAQ:ETFC) posted its earnings results on Thursday. The company reported $0.30 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.30, AnalystRatings.NET reports. During the same period in the prior year, the firm earned $0.26 earnings per share. The business earned $454 million during the quarter, compared to the consensus estimate of $453.23 million. The business’s revenue was down 1.5% on a year-over-year basis.

Several analysts have commented on ETFC shares. JMP Securities boosted their target price on shares of E*TRADE Financial Corp from $32.00 to $34.00 in a research report on Monday, November 30th. Barclays decreased their target price on shares of E*TRADE Financial Corp from $37.00 to $35.00 in a research report on Tuesday, December 8th. Keefe, Bruyette & Woods boosted their target price on shares of E*TRADE Financial Corp from $31.00 to $33.00 in a research report on Friday, December 11th. Evercore ISI boosted their target price on shares of E*TRADE Financial Corp from $33.00 to $35.00 in a research report on Thursday, January 7th. Finally, Deutsche Bank boosted their price objective on shares of E*TRADE Financial Corp from $33.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, November 20th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $32.50.

Shares of E*TRADE Financial Corp (NASDAQ:ETFC) opened at 24.06 on Monday. The company has a market cap of $7.04 billion and a price-to-earnings ratio of 26.44. E*TRADE Financial Corp has a one year low of $22.66 and a one year high of $31.48. The firm has a 50-day moving average of $28.20 and a 200 day moving average of $27.99.

E*Trade Financial Corporation is a financial services company that provides brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial. It also provides investor-focused banking products, primarily sweep deposits, to retail investors. The Company operates in two segments: trading and investing, and balance sheet management. The trading and investing segment includes retail brokerage products and services, investor-focused banking products, and corporate services. Balance sheet management includes the management of asset allocation, loans previously originated by the Company or purchased from third parties, deposits and customer payables, and credit, liquidity and interest rate risk for the Company.

12 Month Chart for NASDAQ:ETFC

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