E*TRADE Financial Corporation (NASDAQ:ETFC)

CAPS Rating: 5 out of 5

A global financial services company, offering a range of financial solutions to retail and institutional customers.

ETFC News and Commentary

Caps

How do you think ETFC will perform against the market?

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All Players

2,435 Outperform
161 Underperform
 

All-Star Players

403 Outperform
24 Underperform
 

Wall Street

15 Outperform
1 Underperform
 

Top ETFC Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

TraderTFJ2 (70.35)
Submitted March 08, 2014

Etrade's Pro Platform is awesome, I am very impressed with the deep value Etrade provides for their Active Traders. These are going to make our stock grow at least 20% for 2014. I am putting my $28 price target by December 2014.

Digi (< 20)
Submitted February 19, 2014

May climb steadily overall, but I have it on a short underperform.

ETFC VS S&P 500 (SPY)

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Recent Community Commentary

Read the most recent pitches from players about ETFC.

Recs

0
Member Avatar rhallbick (95.91) Submitted: 3/15/2018 12:24:23 PM : Outperform Start Price: $53.33 ETFC Score: +10.75

E*TRADE Financial Corporation was founded in 1982 and in 1983 executed the first-ever electronic trade by an individual investor. E*TRADE provides not only brokerage and related products and services; they also offer investment advisory services and FDIC-insured banking. E*TRADE maintains web-based stock and futures trading platforms, plus mobile trading apps for smartphones, tablets and watches.

E-TRADE has been recovering from a near bankruptcy experience in 2008 from the collapse of the home mortgage loan business. They are still today winding down $2.5 billion in home mortgage and equity loans, although the default rates are not what they were back during the Great Recession.

Today, digital platforms for financial transactions are quite common and quite competitive, with a proliferation of emerging financial technology start-ups. E*TRADE was forced to reduce their stock trade commissions in early 2017 from $9.99 to $6.95, after many of their competitors cut their rates. There is also consolidation taking place in the sector. In 2016, E*TRADE acquired OptionsHouse for $725 million, and then in 2017, agreed to purchase 1 million trading accounts from Capitol One for about $170 per account, and then to acquire the privately-held Trust Company of America, an independent custodian for registered investment advisers.

E*TRADE has never paid a dividend. In recent years, they have been buying back common stock shares and issuing similar amounts of preferred shares. As of February 16, 2018, there were 266,334,340 shares of common stock outstanding.

In 2017, E*TRADE refinanced some outstanding senior notes to lower interest rates, which incurred a prepayment cost of $58 million. The new notes reduce the annual interest payments from about $50 million to $33 million ($0.07 per share savings). The effective tax rate of 42% for the year ended December 31, 2017 includes the impact of federal tax reform. The Tax Cuts and Jobs Act resulted in a reduction in the value of their net federal deferred tax assets of $58 million (adjusted value of remaining assets is $251 million).

Total annual 2017 revenue increased 22% yoy, with 63% of profits coming from net interest income, and 19% from commissions. Comparing E*TRADE 2017 revenue growth with some of their major publicly-traded competitors:

E*TRADE 22%
Interactive Brokers 22%
Ally Invest <1%
TD Ameritrade 10.1%
Charles Schwab 15.2%

Recs

1
Member Avatar TraderTFJ2 (70.35) Submitted: 3/7/2014 8:32:56 PM : Outperform Start Price: $23.45 ETFC Score: +107.34

Etrade's Pro Platform is awesome, I am very impressed with the deep value Etrade provides for their Active Traders. These are going to make our stock grow at least 20% for 2014. I am putting my $28 price target by December 2014.

Recs

1
Member Avatar Digi (< 20) Submitted: 2/18/2014 8:25:33 PM : Underperform Start Price: $22.46 ETFC Score: -115.27

May climb steadily overall, but I have it on a short underperform.

Leaderboard

Find the members with the highest scoring picks in ETFC.

Score Leader

TMFJoeInvestor

TMFJoeInvestor (98.87) Score: +588.15

The Score Leader is the player with the highest score across all their picks in ETFC.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
TMFJoeInvestor 98.87 8/1/2012 Outperform 5Y $7.62 +691.73% +103.58% +588.15 0 Comment
Currency < 20 8/6/2012 Outperform 3Y $7.95 +658.87% +101.67% +557.19 0 Comment
sdklinger < 20 12/19/2011 Outperform 3Y $7.72 +681.48% +130.85% +550.62 0 Comment
dmzman3 < 20 12/29/2011 Outperform 1Y $7.78 +675.45% +124.99% +550.46 0 Comment
TMFBigFrog 95.97 12/29/2011 Outperform 5Y $7.78 +675.45% +124.99% +550.46 1 Comment
JohnGabriel 75.77 12/29/2011 Outperform 5Y $7.80 +673.46% +123.97% +549.49 0 Comment
This player feels very strongly about this pick and has marked it a Top Pick. Top Picks do not affect a player’s score. Energypartners 96.62 12/27/2011 Outperform 5Y $7.85 +668.54% +122.35% +546.19 0 Comment
bluethunder8585 < 20 1/26/2012 Outperform 3Y $8.25 +631.27% +113.08% +518.19 0 Comment
ishfaque 82.43 8/17/2012 Outperform 5Y $8.60 +601.51% +98.12% +503.40 0 Comment
Matthoc116 < 20 9/6/2012 Outperform 5Y $8.60 +601.51% +98.77% +502.74 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Player Name Player
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackSunTrustRH 88.68 12/19/2016 Outperform NS $34.86 +73.06% +25.10% +47.97 0 Comment
TrackCreditSuiss 89.01 1/23/2015 Outperform NS $24.05 +150.85% +36.93% +113.93 0 Comment
TrackDeutscheSec 87.09 1/8/2015 Outperform NS $23.52 +156.51% +38.12% +118.38 0 Comment
TrackRaymondJame 89.16 5/20/2014 Outperform NS $20.07 +188.09% +47.81% +140.28 3/12/2018 @ $57.82 0 Comment
TrackWellsFargo 86.54 4/23/2014 Outperform NS $22.22 +171.51% +50.03% +121.47 0 Comment
TrackBarclaysCap 89.11 4/11/2014 Outperform NS $20.26 +197.78% +54.68% +143.10 0 Comment
trackcompasspoin 51.35 1/24/2014 Outperform NS $21.33 +182.84% +55.17% +127.68 0 Comment
tracknomura 94.81 1/9/2014 Outperform NS $20.92 +188.38% +53.06% +135.33 0 Comment
TrackJimCramer 85.60 9/18/2013 Outperform 3W $16.98 +255.30% +62.83% +192.47 0 Comment
TrackSterneAgee 80.35 1/15/2013 Outperform NS $9.46 +537.67% +92.62% +445.05 0 Comment
tracknomura 94.81 7/20/2012 Outperform NS $7.39 +44.65% +10.46% +34.19 2/22/2013 @ $10.69 0 Comment
TrackPoisedTo < 20 3/16/2012 Outperform 5Y $11.01 +447.96% +100.76% +347.20 0 Comment
TrackUltraLong < 20 11/3/2011 Underperform NS $10.52 +473.48% +124.94% -348.54 1 Comment
TrackGoldmanSach 75.46 5/17/2011 Outperform 5Y $15.80 +281.84% +112.36% +169.48 1 Comment
TrackGoldmanSach 75.46 12/9/2009 Outperform 1Y $16.60 +0.30% +18.06% -17.76 1/18/2011 @ $16.65 1 Comment
TrackFBRCapitalM 88.24 9/15/2009 Outperform NS $18.30 +229.67% +168.38% +61.29 0 Comment
TrackCitigroup 89.99 9/15/2009 Outperform NS $17.20 +250.76% +172.55% +78.21 0 Comment
TrackFBRCapitalM 88.24 4/29/2009 Underperform NS $17.70 -28.81% +3.34% +32.15 6/23/2009 @ $12.60 0 Comment
TrackChrisDavis 90.44 6/3/2008 Outperform 1Y $39.90 +51.20% +109.77% -58.57 1 Comment
TrackDavidTepper 88.01 5/30/2008 Outperform 1Y $40.60 -25.37% -8.06% -17.31 8/28/2008 @ $30.30 1 Comment
TrackJohnKeeley < 20 12/31/2007 Outperform NS $35.50 +8.73% -10.19% +18.92 3/31/2008 @ $38.60 1 Comment
TrackBofASec 92.38 12/3/2007 Underperform NS $40.50 -48.94% +25.21% +74.15 4/9/2014 @ $20.68 0 Comment
TrackGaryBSmith 90.47 11/16/2007 Outperform 3W $54.40 +10.90% +102.50% -91.60 0 Comment
TrackJimCramer 85.60 11/16/2007 Underperform 3W $54.40 -68.79% +18.70% +87.48 9/18/2013 @ $16.98 0 Comment
TrackCitigroup 89.99 11/12/2007 Underperform NS $54.70 -74.22% -32.83% +41.39 7/24/2009 @ $14.10 0 Comment
TrackFBRCapitalM 88.24 9/18/2007 Outperform NS $134.20 -72.50% -2.13% -70.37 11/12/2007 @ $36.90 0 Comment
TrackPatDorsey < 20 9/14/2007 Outperform 5Y $143.90 -94.38% -7.21% -87.17 11/9/2012 @ $8.08 0 Comment
TrackDeutscheSec 87.09 4/12/2007 Outperform NS $213.00 -45.87% +6.82% -52.69 10/18/2007 @ $115.30 0 Comment
TrackUBS 92.19 2/22/2007 Outperform NS $244.70 -31.47% +0.25% -31.72 8/22/2007 @ $167.70 0 Comment
TrackJimCramer 85.60 9/25/2006 Outperform 3W $245.00 -77.80% +9.71% -87.50 11/16/2007 @ $54.40 0 Comment
TrackLehmanBros < 20 8/22/2006 Outperform NS $236.00 -95.75% +6.22% -101.97 4/17/2012 @ $10.03 0 Comment
TrackJimCramer 85.60 5/18/2006 Underperform 3W $240.00 +2.08% +5.12% +3.03 9/26/2006 @ $245.00 0 Comment
TrackJimCramer 85.60 3/16/2006 Outperform 3W $256.90 -6.58% -3.33% -3.24 5/18/2006 @ $240.00 0 Comment

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