ETFC

E*TRADE Financial Corporation

Finance/Real Estate


Presented:01/22/2015
Price:$22.65
Cap:$6.54B
Current Price:$49.26
Cap:$11.13B

Presented

Date01/22/2015
Price$22.65
Market Cap$6.54B
Ent Value$13.79B
P/E Ratio25.53x
Book Value$18.58
Div YieldN/A
Shares O/S288.81M
Ave Daily Vol2,710,000
Short Int1.34%

Current

Price$49.26
Market Cap$11.13B
E*TRADE Financial Corporation, a financial services company, provides brokerage and related products and services primarily to individual retail investors under the E*TRADE Financial brand name. It provides easy‐to‐use solutions for individual investors and stock plan participants. The company offers its customers to take control of its financial futures by providing the products, tools, services, and advice they need to meet their near‐and long‐term investing goals. Its Trading and Investing segment offers retail brokerage products and services, investor-focused banking products, and corporate services. The company’s Balance Sheet Management segment manages asset allocation; loans previously originated by the company or purchased from third parties; deposits and customer payables; and credit, liquidity, and interest rate risk. E*TRADE Financial Corporation provides its services to customers through online and a network of customer service representatives, and financial consultants over the phone and in person at 30 company branches across the United States. The company was incorporated in 1982 and is headquartered in New York, New York.

Publicly traded companies mentioned herein: E*TRADE Financial (ETFC), TD Ameritrade (AMTD)

Highlights

The presenter believes that shares of online brokerage E*TRADE are attractive, but that the stock is owned by some investors for the wrong reasons. Investors emerged from the Goldman conference in December speculating that ETFC shareholders were going to come away with a $500 million dividend. The presenter for his part sees a continually improving business with multiple ways to win.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.