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E*Trade Financial Corp (NAS:ETFC)
3-Year Buyback Ratio
-11.50 (As of Mar. 2014)

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 10-Year Buyback Ratio Range
Min: -1.5   Max: -78.5
Current: -11.5

During the past 13 years, E*Trade Financial Corp's highest 3-Year Average Share Buyback Ratio was -78.50. The lowest was -1.50. And the median was -15.45.

ETFC's Buyback Ratiois ranked higher than
50% of the 292 Companies
in the Global Capital Markets industry.

( Industry Median: -0.80 vs. ETFC: -11.50 )

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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