Seaport Res Ptn Has Optimistic Outlook of WFC Q3 Earnings

Wells Fargo & Company (NYSE:WFC - Free Report) - Research analysts at Seaport Res Ptn boosted their Q3 2025 earnings estimates for Wells Fargo & Company in a research report issued on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will post earnings per share of $1.55 for the quarter, up from their previous estimate of $1.52. 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 $1.45 EPS, Q2 2026 earnings at $1.73 EPS, Q3 2026 earnings at $1.83 EPS, Q4 2026 earnings at $1.84 EPS and FY2026 earnings at $6.85 EPS.

A number of other equities research analysts also recently weighed in on the stock. Truist Financial lifted their price target on shares of Wells Fargo & Company from $83.00 to $86.00 and gave the stock a "buy" rating in a research note on Wednesday. Raymond James Financial downgraded shares of Wells Fargo & Company from a "strong-buy" rating to a "market perform" rating in a research note on Monday, July 7th. Phillip Securities upgraded shares of Wells Fargo & Company from a "moderate buy" rating to a "strong-buy" rating in a research note on Monday, April 14th. TD Cowen assumed coverage on shares of Wells Fargo & Company in a research note on Thursday, May 15th. They set a "hold" rating and a $83.00 price target on the stock. Finally, Evercore ISI reiterated an "outperform" rating on shares of Wells Fargo & Company in a research note on Tuesday, July 8th. Seven research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $80.13.

Wells Fargo & Company Stock Performance

WFC traded up $0.19 during trading on Thursday, reaching $82.55. 12,577,498 shares of the company's stock were exchanged, compared to its average volume of 17,267,940. Wells Fargo & Company has a fifty-two week low of $50.15 and a fifty-two week high of $83.95. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.06. The business has a 50 day moving average price of $76.41 and a 200 day moving average price of $73.88. The company has a market capitalization of $268.63 billion, a P/E ratio of 14.82, a PEG ratio of 1.39 and a beta of 1.16.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last announced its quarterly earnings data on Friday, April 11th. The financial services provider reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.16. The business had revenue of $20.15 billion for the quarter, compared to the consensus estimate of $20.82 billion. Wells Fargo & Company had a net margin of 16.19% and a return on equity of 12.15%. Wells Fargo & Company's quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the company posted $1.20 earnings per share.

Wells Fargo & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Sunday, June 1st. Investors of record on Friday, May 9th were issued a $0.40 dividend. The ex-dividend date was Friday, May 9th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.94%. Wells Fargo & Company's dividend payout ratio is 28.73%.

Wells Fargo & Company announced that its Board of Directors has authorized a stock buyback program on Tuesday, April 29th that permits the company to buyback $40.00 billion in shares. This buyback authorization permits the financial services provider to repurchase up to 17.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its stock is undervalued.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in WFC. RKL Wealth Management LLC raised its holdings in Wells Fargo & Company by 166.4% during the 1st quarter. RKL Wealth Management LLC now owns 8,185 shares of the financial services provider's stock worth $588,000 after purchasing an additional 5,113 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in Wells Fargo & Company by 12.1% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 651,808 shares of the financial services provider's stock worth $45,783,000 after purchasing an additional 70,104 shares during the last quarter. Silver Oak Securities Incorporated bought a new stake in Wells Fargo & Company during the 1st quarter worth about $215,000. Principal Financial Group Inc. raised its holdings in Wells Fargo & Company by 30.5% during the 1st quarter. Principal Financial Group Inc. now owns 4,926,423 shares of the financial services provider's stock worth $353,668,000 after purchasing an additional 1,152,181 shares during the last quarter. Finally, Catalyst Funds Management Pty Ltd raised its holdings in Wells Fargo & Company by 102.2% during the 4th quarter. Catalyst Funds Management Pty Ltd now owns 83,100 shares of the financial services provider's stock worth $5,837,000 after purchasing an additional 42,000 shares during the last quarter. 75.90% of the stock is owned by institutional investors.

Wells Fargo & Company Company Profile

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.