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E*TRADE Financial Corp (NAS:ETFC)
3-Year Average Buyback Ratio
-1.10 (As of Dec. 2015)

This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

ETFC' s 3-Year Average Buyback Ratio Range Over the Past 10 Years
Min: -78.5   Max: -0.5
Current: -1.1

-78.5
-0.5

During the past 13 years, E*TRADE Financial Corp's highest 3-Year Average Share Buyback Ratio was -0.50. The lowest was -78.50. And the median was -9.90.

ETFC's 3-Year Average Buyback Ratio is ranked higher than
56% of the 324 Companies
in the Global Capital Markets industry.

( Industry Median: -1.70 vs. ETFC: -1.10 )

Definition

This is the average share buyback rate of the company over the past 3 years.


Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Related Terms

Net Income

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