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

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

Wells Fargo & Co announced a quarterly dividend on Tuesday, October 22nd. Stockholders of record on Friday, November 8th will be given a dividend of $0.51 per share on Sunday, December 1st. This represents a $2.04 annualized dividend and a dividend yield of 4.03%. View Wells Fargo & Co's Dividend History.

Wells Fargo & Co declared that its board has approved a share buyback program on Tuesday, July 23rd 2019, which permits the company to repurchase 350,000,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

Wells Fargo & Co (NYSE:WFC) released its quarterly earnings results on Tuesday, October, 15th. The financial services provider reported $0.92 EPS for the quarter, missing the consensus estimate of $1.15 by $0.23. The financial services provider had revenue of $22.01 billion for the quarter, compared to analysts' expectations of $21.32 billion. Wells Fargo & Co had a net margin of 21.67% and a return on equity of 13.01%. The firm's revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.13 earnings per share. View Wells Fargo & Co's Earnings History.

Wells Fargo & Co is scheduled to release their next quarterly earnings announcement on Tuesday, January 21st 2020. View Earnings Estimates for Wells Fargo & Co.

21 equities research analysts have issued 1-year price targets for Wells Fargo & Co's stock. Their predictions range from $42.00 to $60.00. On average, they anticipate Wells Fargo & Co's share price to reach $49.85 in the next year. This suggests that the stock has a possible downside of 1.5%. View Analyst Price Targets for Wells Fargo & Co.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 3 sell ratings, 16 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wells Fargo & Co.

Media headlines about WFC stock have been trending somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Wells Fargo & Co earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Wells Fargo & Co.

Wells Fargo & Co saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 44,490,000 shares, an increase of 12.8% from the August 15th total of 39,450,000 shares. Based on an average daily volume of 19,740,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 1.0% of the company's stock are short sold. View Wells Fargo & Co's Current Options Chain.

Some companies that are related to Wells Fargo & Co include JPMorgan Chase & Co. (JPM), Bank of America (BAC), Industrial & Cmrcl Bnk f China (IDCBY), Citigroup (C), U.S. Bancorp (USB), PNC Financial Services Group (PNC), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Intesa Sanpaolo (ISNPY), Capital One Financial (COF), UBS Group (UBS), BB&T (BBT), Mizuho Financial Group (MFG), BANCO DO BRASIL/S (BDORY) and SunTrust Banks (STI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Wells Fargo & Co investors own include Bank of America (BAC), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), General Electric (GE), AT&T (T), Alibaba Group (BABA), Netflix (NFLX), Ford Motor (F), Micron Technology (MU) and Intel (INTC).

Wells Fargo & Co's stock is owned by a number of of institutional and retail investors. Top institutional investors include Alecta Pensionsforsakring Omsesidigt (0.23%), Strs Ohio (0.07%), CIBC Private Wealth Group LLC (0.07%), Envestnet Asset Management Inc. (0.05%), State of Michigan Retirement System (0.05%) and Gateway Investment Advisers LLC (0.04%). Company insiders that own Wells Fargo & Co stock include Avid Modjtabai, Hope A Hardison, John R Shrewsberry, Michael J Loughlin, Petros G Pelos, Richard Levy and Ronald Sargent. View Institutional Ownership Trends for Wells Fargo & Co.

WFC stock was sold by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, CIBC Private Wealth Group LLC, Country Trust Bank, Strs Ohio, Perpetual Ltd, Artemis Investment Management LLP, Alta Capital Management LLC and Alpha Cubed Investments LLC. View Insider Buying and Selling for Wells Fargo & Co.

WFC stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., 6 Meridian, Berkshire Asset Management LLC PA, Nisa Investment Advisors LLC, Columbus Macro LLC, YCG LLC and Cypress Wealth Services LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of WFC stock can currently be purchased for approximately $50.62.

Wells Fargo & Co has a market capitalization of $223.04 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.View Additional Information About Wells Fargo & Co.

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

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]