Seaport Res Ptn Has Bullish Estimate for WFC Q3 Earnings

Wells Fargo & Company (NYSE:WFC - Free Report) - Equities researchers at Seaport Res Ptn increased their Q3 2025 earnings per share (EPS) estimates for shares of Wells Fargo & Company in a research note issued to investors on Tuesday, July 8th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will earn $1.55 per share for the quarter, up from their prior forecast 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.

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

A number of other research firms have also recently issued reports on WFC. Citigroup reaffirmed a "neutral" rating on shares of Wells Fargo & Company in a research report on Tuesday. Truist Financial boosted their price objective 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. Barclays reduced their price objective on shares of Wells Fargo & Company from $92.00 to $87.00 and set an "overweight" rating for the company in a research report on Monday, April 14th. The Goldman Sachs Group reiterated a "buy" rating and set a $86.00 price objective on shares of Wells Fargo & Company in a report on Tuesday. Finally, Raymond James Financial lowered shares of Wells Fargo & Company from a "strong-buy" rating to a "market perform" rating in a research report on Monday. Eight investment 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 MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $78.98.

Wells Fargo & Company Stock Up 0.7%

Wells Fargo & Company stock traded up $0.54 during mid-day trading on Thursday, reaching $82.33. The company's stock had a trading volume of 14,340,562 shares, compared to its average volume of 17,428,139. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.84 and a current ratio of 0.84. The business's 50 day simple moving average is $76.03 and its 200 day simple moving average is $73.70. The company has a market capitalization of $267.92 billion, a price-to-earnings ratio of 14.78, a price-to-earnings-growth ratio of 1.37 and a beta of 1.16. Wells Fargo & Company has a 12 month low of $50.15 and a 12 month high of $83.95.

Institutional Trading of Wells Fargo & Company

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. RKL Wealth Management LLC raised its position in shares of Wells Fargo & Company by 166.4% in 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% in 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 period. Catalyst Funds Management Pty Ltd raised its stake 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 acquiring an additional 42,000 shares during the period. Principal Financial Group Inc. boosted its holdings in Wells Fargo & Company by 30.5% in 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 buying an additional 1,152,181 shares during the period. Finally, Thoroughbred Financial Services LLC grew its position in shares of Wells Fargo & Company by 11.5% during the fourth quarter. Thoroughbred Financial Services LLC now owns 55,377 shares of the financial services provider's stock worth $3,889,000 after purchasing an additional 5,704 shares in the last quarter. Hedge funds and other institutional investors own 75.90% of the company's stock.

Wells Fargo & Company announced that its Board of Directors has approved a stock repurchase program on Tuesday, April 29th that authorizes the company to repurchase $40.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to reacquire up to 17.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's leadership believes its shares are undervalued.

Wells Fargo & Company Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Sunday, June 1st. Stockholders of record on Friday, May 9th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $1.60 annualized dividend and a dividend yield of 1.94%. Wells Fargo & Company's dividend payout ratio (DPR) is presently 28.73%.

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.