E*Trade Financial Corporation is a financial services company. The company has market cap of $8.99 billion. The Firm provides online brokerage and related services and products primarily to individual retail investors under the brand E*TRADE Financial. It has a 16.8 P/E ratio. The Firm also provides investor-focused banking products, primarily sweep deposits, to retail investors.
ABB Ltd (NYSE:ABB) is expected to pay $0.73 on May 30, 2017. $0.73 is the ADY. (NYSE:ABB) shareholders before Apr 18, 2017 will receive the $0.73 dividend. ABB Ltd’s current price of $22.63 translates into 3.21% yield. ABB Ltd’s dividend has Apr 20, 2017 as record date. Mar 14, 2017 is the announcement. The stock decreased 1.22% or $0.28 on April 13, reaching $22.63. About shares traded. ABB Ltd (ADR) (NYSE:ABB) has declined 0.09% since September 8, 2016 and is downtrending. It has underperformed by 6.86% the S&P500.
ABB Ltd is a holding company. The Company’s divisions include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. The company has market cap of $60.06 billion. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It has a 25.89 P/E ratio. It is engaged in serving clients in utilities, industry and transport and infrastructure.
Among 14 analysts covering ABB Ltd (NYSE:ABB), 8 have Buy rating, 2 Sell and 4 Hold. Therefore 57% are positive. ABB Ltd has $25 highest and $18 lowest target. $22.33’s average target is -1.33% below currents $22.63 stock price. ABB Ltd had 24 analyst reports since August 21, 2015 according to SRatingsIntel. HSBC upgraded the shares of ABB in report on Friday, August 21 to “Buy” rating. Berenberg initiated the shares of ABB in report on Friday, September 4 with “Sell” rating. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, December 9 report. The rating was upgraded by Bank of America to “Buy” on Tuesday, January 10. Natixis upgraded ABB Ltd (ADR) (NYSE:ABB) on Wednesday, February 8 to “Buy” rating. The rating was upgraded by RBC Capital Markets on Friday, December 11 to “Outperform”. HSBC downgraded the stock to “Hold” rating in Friday, August 19 report. The rating was maintained by Morgan Stanley on Friday, March 24 with “Buy”. Jefferies upgraded the shares of ABB in report on Friday, October 9 to “Hold” rating. The stock has “Sector Perform” rating by RBC Capital Markets on Wednesday, April 6.
Toscafund Asset Management Llp holds 15.68% of its portfolio in E*TRADE Financial Corp for 850,000 shares. Glenhill Advisors Llc owns 1.92 million shares or 4.71% of their US portfolio. Moreover, Junto Capital Management Lp has 4.44% invested in the company for 1.17 million shares. The New York-based Southpoint Capital Advisors Lp has invested 4% in the stock. Bluemar Capital Management Llc, a New York-based fund reported 191,200 shares.
Since January 1, 0001, it had 0 buys, and 5 sales for $3.01 million activity.
The stock decreased 1.51% or $0.51 on April 13, reaching $33.22. About shares traded. E*TRADE Financial Corp (NASDAQ:ETFC) has risen 25.41% since September 8, 2016 and is uptrending. It has outperformed by 18.64% the S&P500.
Ratings analysis reveals 78% of E*TRADE’s analysts are positive. Out of 18 Wall Street analysts rating E*TRADE, 14 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $25 while the high is $43. The stock’s average target of $33.36 is 0.42% above today’s ($33.22) share price. ETFC was included in 50 notes of analysts from July 24, 2015. Bank of America downgraded the shares of ETFC in report on Thursday, October 13 to “Neutral” rating. The firm has “Hold” rating by Suntrust Robinson given on Tuesday, November 29. As per Friday, May 27, the company rating was maintained by Deutsche Bank. The firm has “Buy” rating by Nomura given on Monday, April 4. The stock of E*TRADE Financial Corp (NASDAQ:ETFC) has “Overweight” rating given on Thursday, October 8 by Barclays Capital. The rating was maintained by Jefferies with “Hold” on Thursday, April 7. The stock of E*TRADE Financial Corp (NASDAQ:ETFC) has “Outperform” rating given on Wednesday, September 21 by Credit Suisse. The rating was maintained by Barclays Capital on Thursday, October 13 with “Overweight”. The firm earned “Overweight” rating on Friday, January 22 by Barclays Capital. Deutsche Bank maintained it with “Buy” rating and $30 target in Thursday, March 17 report.
Analysts await E*TRADE Financial Corp (NASDAQ:ETFC) to report earnings on April, 20. They expect $0.38 earnings per share, down 11.63% or $0.05 from last year’s $0.43 per share. ETFC’s profit will be $102.84 million for 21.86 P/E if the $0.38 EPS becomes a reality. After $0.43 actual earnings per share reported by E*TRADE Financial Corp for the previous quarter, Wall Street now forecasts -11.63% negative EPS growth.