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GuruFocus has detected 4 Warning Signs with E*TRADE Financial Corp $ETFC.
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E*TRADE Financial Corp (NAS:ETFC)
3-Year Average Share Buyback Ratio
1.60 (As of Mar. 2017)

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 Share Buyback Ratio Range Over the Past 10 Years
Min: -74.4   Max: 1.6
Current: 1.6

-74.4
1.6

During the past 13 years, E*TRADE Financial Corp's highest 3-Year Average Share Buyback Ratio was 1.60. The lowest was -74.40. And the median was -9.20.

ETFC's 3-Year Average Share Buyback Ratio is ranked higher than
83% of the 373 Companies
in the Global Capital Markets industry.

( Industry Median: -0.50 vs. ETFC: 1.60 )

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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