NYSE:WFC - Wells Fargo & Co Stock Price, News, & Analysis

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$45.64 -0.06 (-0.13 %)
(As of 05/20/2019 12:45 PM ET)
Previous Close$45.70
Today's Range$45.60 - $45.90
52-Week Range$43.02 - $59.53
Volume481,577 shs
Average Volume18.22 million shs
Market Capitalization$222.62 billion
P/E Ratio10.42
Dividend Yield3.94%
Beta1.09
Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. It operates through three segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The company also engages in the wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing, trust, investment advisory, mortgage-backed securities, and venture capital investment services. As of February 7, 2019, it operated through 7,800 locations, 13,000 ATMs, and the Internet and mobile banking, as well as has offices in 37 countries and territories. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryDiversified Banks
SectorFinance
CUSIP94974610
Phone866-249-3302

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$101.06 billion
Cash Flow$5.8289 per share
Book Value$35.98 per share

Profitability

Net Income$22.39 billion

Miscellaneous

Employees259,000
Outstanding Shares4,877,750,000
Market Cap$222.62 billion
Next Earnings Date7/12/2019 (Estimated)
OptionableOptionable

Wells Fargo & Co (NYSE:WFC) Frequently Asked Questions

What is Wells Fargo & Co's stock symbol?

Wells Fargo & Co trades on the New York Stock Exchange (NYSE) under the ticker symbol "WFC."

How often does Wells Fargo & Co pay dividends? What is the dividend yield for Wells Fargo & Co?

Wells Fargo & Co announced a quarterly dividend on Tuesday, April 23rd. Investors of record on Friday, May 10th will be paid a dividend of $0.45 per share on Saturday, June 1st. This represents a $1.80 annualized dividend and a dividend yield of 3.94%. The ex-dividend date is Thursday, May 9th. View Wells Fargo & Co's Dividend History.

How will Wells Fargo & Co's stock buyback program work?

Wells Fargo & Co announced that its board has approved a stock repurchase plan on Tuesday, October 23rd 2018, which permits the company to buyback 350,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

How were Wells Fargo & Co's earnings last quarter?

Wells Fargo & Co (NYSE:WFC) released its quarterly earnings data on Friday, April, 12th. The financial services provider reported $1.20 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.08 by $0.12. The financial services provider had revenue of $21.61 billion for the quarter, compared to analyst estimates of $20.89 billion. Wells Fargo & Co had a return on equity of 13.37% and a net margin of 22.59%. During the same period in the previous year, the firm posted $0.96 earnings per share. View Wells Fargo & Co's Earnings History.

When is Wells Fargo & Co's next earnings date?

Wells Fargo & Co is scheduled to release their next quarterly earnings announcement on Friday, July 12th 2019. View Earnings Estimates for Wells Fargo & Co.

How can I listen to Wells Fargo & Co's earnings call?

Wells Fargo & Co will be holding an earnings conference call on Tuesday, July 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for WFC?

19 brokerages have issued 12-month price objectives for Wells Fargo & Co's shares. Their forecasts range from $45.50 to $63.00. On average, they expect Wells Fargo & Co's stock price to reach $55.9053 in the next year. This suggests a possible upside of 22.3% from the stock's current price. View Analyst Price Targets for Wells Fargo & Co.

What is the consensus analysts' recommendation for Wells Fargo & Co?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 12 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wells Fargo & Co.

Has Wells Fargo & Co been receiving favorable news coverage?

News coverage about WFC stock has trended somewhat negative this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wells Fargo & Co earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of Wells Fargo & Co's key competitors?

What other stocks do shareholders of Wells Fargo & Co own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wells Fargo & Co investors own include Bank of America (BAC), JPMorgan Chase & Co. (JPM), General Electric (GE), Intel (INTC), AT&T (T), Citigroup (C), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Exxon Mobil (XOM) and Verizon Communications (VZ).

Who are Wells Fargo & Co's key executives?

Wells Fargo & Co's management team includes the folowing people:
  • Mr. John Richard Shrewsberry, Sr. EVP & CFO (Age 53)
  • Ms. Avid Modjtabai, Sr. EVP of Payments, Virtual Solutions & Innovation (Age 57)
  • Mr. Petros G. Pelos, Sr. Exec. VP of Wholesale Banking (Age 55)
  • Ms. Mary Tabb Mack, Head of Consumer Banking (Age 56)
  • Mr. C. Allen Parker, Interim CEO, Pres & Director (Age 64)

Who are Wells Fargo & Co's major shareholders?

Wells Fargo & Co's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Geode Capital Management LLC (1.09%), Northern Trust Corp (1.07%), Primecap Management Co. CA (0.94%), Dimensional Fund Advisors LP (0.72%), Wellington Management Group LLP (0.51%) and Magellan Asset Management Ltd (0.48%). Company insiders that own Wells Fargo & Co stock include Avid Modjtabai, David M Carroll, Hope A Hardison, John R Shrewsberry, Mary T Mack, Michael J Loughlin, Petros G Pelos, Richard Levy and Ronald Sargent. View Institutional Ownership Trends for Wells Fargo & Co.

Which institutional investors are selling Wells Fargo & Co stock?

WFC stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Wellington Management Group LLP, Boston Partners, Los Angeles Capital Management & Equity Research Inc., Lourd Capital LLC, USS Investment Management Ltd, Shelton Capital Management and California Public Employees Retirement System. Company insiders that have sold Wells Fargo & Co company stock in the last year include Avid Modjtabai, Hope A Hardison and Petros G Pelos. View Insider Buying and Selling for Wells Fargo & Co.

Which institutional investors are buying Wells Fargo & Co stock?

WFC stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Charles Schwab Investment Management Inc., Geode Capital Management LLC, Key Square Capital Management LLC, Sanders Capital LLC, Voya Investment Management LLC, Toronto Dominion Bank and Westwood Holdings Group Inc.. View Insider Buying and Selling for Wells Fargo & Co.

How do I buy shares of Wells Fargo & Co?

Shares of WFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Wells Fargo & Co's stock price today?

One share of WFC stock can currently be purchased for approximately $45.71.

How big of a company is Wells Fargo & Co?

Wells Fargo & Co has a market capitalization of $222.96 billion and generates $101.06 billion in revenue each year. The financial services provider earns $22.39 billion in net income (profit) each year or $4.38 on an earnings per share basis. Wells Fargo & Co employs 259,000 workers across the globe.

What is Wells Fargo & Co's official website?

The official website for Wells Fargo & Co is http://www.wellsfargo.com.

How can I contact Wells Fargo & Co?

Wells Fargo & Co's mailing address is 420 MONTGOMERY STREET, SAN FRANCISCO CA, 94163. The financial services provider can be reached via phone at 866-249-3302 or via email at [email protected]


MarketBeat Community Rating for Wells Fargo & Co (NYSE WFC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  1,196 (Thanks for Voting!)
Underperform Votes:  1,220 (Thanks for Voting!)
Total Votes:  2,416
MarketBeat's community ratings are surveys of what our community members think about Wells Fargo & Co and other stocks. Vote "Outperform" if you believe WFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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