FY2025 Earnings Forecast for WFC Issued By Seaport Res Ptn

Key Points

• Seaport Res Ptn has raised their FY2025 earnings per share estimate for Wells Fargo to $6.22, up from a previous estimate of $5.93.
• Wells Fargo recently increased its quarterly dividend to $0.45 per share, boosting the annualized dividend to $1.80.
• The stock has a current market capitalization of $271.56 billion and a consensus rating of "Moderate Buy" with an average price target of $89.57.

Wells Fargo & Company (NYSE:WFC - Free Report) - Research analysts at Seaport Res Ptn boosted their FY2025 earnings per share estimates for shares of Wells Fargo & Company in a research report issued to clients and investors on Monday, October 20th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will post earnings per share of $6.22 for the year, up from their prior estimate of $5.93. The consensus estimate for Wells Fargo & Company's current full-year earnings is $5.89 per share. Seaport Res Ptn also issued estimates for Wells Fargo & Company's Q1 2026 earnings at $1.56 EPS and Q2 2026 earnings at $1.79 EPS.

WFC has been the subject of a number of other reports. Dbs Bank raised Wells Fargo & Company from a "hold" rating to a "moderate buy" rating in a research report on Thursday, July 17th. Keefe, Bruyette & Woods raised their price target on Wells Fargo & Company from $85.00 to $92.00 and gave the company a "market perform" rating in a report on Wednesday, October 15th. Cowen reissued a "hold" rating on shares of Wells Fargo & Company in a report on Wednesday, October 15th. Barclays raised their price target on Wells Fargo & Company from $87.00 to $94.00 and gave the company an "overweight" rating in a report on Wednesday, October 15th. Finally, UBS Group reduced their price target on Wells Fargo & Company from $95.00 to $93.00 and set a "buy" rating for the company in a report on Tuesday, October 7th. Ten research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $89.57.

Wells Fargo & Company Stock Down 1.5%

Wells Fargo & Company stock opened at $84.77 on Wednesday. Wells Fargo & Company has a twelve month low of $58.42 and a twelve month high of $87.47. The stock has a 50 day moving average of $81.49 and a two-hundred day moving average of $77.24. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $271.56 billion, a price-to-earnings ratio of 13.94, a PEG ratio of 1.19 and a beta of 1.25.

Hedge Funds Weigh In On Wells Fargo & Company

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Embree Financial Group raised its holdings in Wells Fargo & Company by 3.9% during the third quarter. Embree Financial Group now owns 3,330 shares of the financial services provider's stock worth $279,000 after purchasing an additional 126 shares during the last quarter. Trust Co. of Vermont raised its holdings in Wells Fargo & Company by 1.1% during the third quarter. Trust Co. of Vermont now owns 12,098 shares of the financial services provider's stock worth $1,014,000 after purchasing an additional 126 shares during the last quarter. Traphagen Investment Advisors LLC raised its holdings in Wells Fargo & Company by 2.0% during the third quarter. Traphagen Investment Advisors LLC now owns 6,346 shares of the financial services provider's stock worth $532,000 after purchasing an additional 127 shares during the last quarter. Wealth Management Partners LLC raised its holdings in shares of Wells Fargo & Company by 3.5% in the second quarter. Wealth Management Partners LLC now owns 3,805 shares of the financial services provider's stock worth $313,000 after acquiring an additional 128 shares during the last quarter. Finally, Verum Partners LLC raised its holdings in shares of Wells Fargo & Company by 1.8% in the second quarter. Verum Partners LLC now owns 7,265 shares of the financial services provider's stock worth $582,000 after acquiring an additional 128 shares during the last quarter. 75.90% of the stock is owned by institutional investors and hedge funds.

Wells Fargo & Company Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 1st. Investors of record on Friday, August 8th were issued a dividend of $0.45 per share. This is a boost from Wells Fargo & Company's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, August 8th. Wells Fargo & Company's payout ratio is presently 29.61%.

About Wells Fargo & Company

Wells Fargo & Co is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

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