NYSE:WFCWells Fargo & Co Stock Price, Forecast & News

Wells Fargo & Co's stock was trading at $32.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WFC stock has decreased by 11.0% and is now trading at $28.77. View which stocks have been mosted impacted by Coronavirus.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 4 sell ratings, 18 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Wells Fargo & Co.

Wells Fargo & Co is scheduled to release its next quarterly earnings announcement on Tuesday, April 14th 2020. View our earnings forecast for Wells Fargo & Co.

Wells Fargo & Co will be holding an earnings conference call on Tuesday, April 14th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Wells Fargo & Co (NYSE:WFC) released its quarterly earnings results on Tuesday, January, 14th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.10 by $0.17. The financial services provider had revenue of $19.86 billion for the quarter, compared to analyst estimates of $20.11 billion. Wells Fargo & Co had a net margin of 18.81% and a return on equity of 12.11%. The firm's revenue for the quarter was down 5.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.21 earnings per share. View Wells Fargo & Co's earnings history.

Wells Fargo & Co declared a quarterly dividend on Tuesday, January 28th. Investors of record on Friday, February 7th will be given a dividend of $0.51 per share on Sunday, March 1st. This represents a $2.04 annualized dividend and a dividend yield of 7.09%. The ex-dividend date of this dividend is Thursday, February 6th. View Wells Fargo & Co's dividend history.

Wells Fargo & Co announced that its board has approved a stock buyback plan on Tuesday, July 23rd 2019, which allows the company to repurchase 350,000,000 shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued.

24 equities research analysts have issued twelve-month price targets for Wells Fargo & Co's stock. Their forecasts range from $21.00 to $60.00. On average, they expect Wells Fargo & Co's share price to reach $44.26 in the next twelve months. This suggests a possible upside of 53.8% from the stock's current price. View analysts' price targets for Wells Fargo & Co.

Headlines about WFC stock have been trending very negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wells Fargo & Co earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutWells Fargo & Co.

Wells Fargo & Co saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 53,958,300 shares, an increase of 24.3% from the February 27th total of 43,400,000 shares. Based on an average daily volume of 23,760,000 shares, the short-interest ratio is presently 2.3 days. Currently, 1.3% of the shares of the company 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), Industrial & Cmrcl Bnk f China (IDCBY), Bank of America (BAC), Citigroup (C), U.S. Bancorp (USB), Truist Financial (TFC), PNC Financial Services Group (PNC), UBS Group (UBS), DBS GRP HOLDING/S (DBSDY), SunTrust Banks (STI), China Minsheng Banking (CMAKY), National Australia Bank (NABZY), Mizuho Financial Group (MFG), Intesa Sanpaolo (ISNPY) and Capital One Financial (COF).

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), AT&T (T), JPMorgan Chase & Co. (JPM), General Electric (GE), Alibaba Group (BABA), Intel (INTC), Netflix (NFLX), Ford Motor (F) and NVIDIA (NVDA).

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

Wells Fargo & Co's stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%), Gradient Investments LLC (0.01%), IBM Retirement Fund (0.00%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%), Enterprise Trust & Investment Co (0.00%) and Neville Rodie & Shaw Inc. (0.00%). Company insiders that own Wells Fargo & Co stock include Avid Modjtabai, Charles H Noski, Charles W Scharf, Hope A Hardison and Petros G Pelos. View institutional ownership trends for Wells Fargo & Co.

WFC stock was sold by a variety of institutional investors in the last quarter, including Triangle Securities Wealth Management, Private Trust Co. NA, Nexus Investment Management Inc., Park National Corp OH, M&R Capital Management Inc., Boltwood Capital Management, First Financial Bank Trust Division, and Neville Rodie & Shaw Inc.. View insider buying and selling activity for Wells Fargo & Co.

WFC stock was acquired by a variety of institutional investors in the last quarter, including Gradient Investments LLC, IBM Retirement Fund, State of Alaska Department of Revenue, Global Trust Asset Management LLC, IMS Capital Management, Nelson Van Denburg & Campbell Wealth Management Group LLC, Shakespeare Wealth Management Inc., and Truehand Inc. Company insiders that have bought Wells Fargo & Co stock in the last two years include Charles H Noski, and Charles W Scharf. View insider buying and selling activity 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 $28.77.

Wells Fargo & Co has a market capitalization of $117.65 billion and generates $103.92 billion in revenue each year. The financial services provider earns $19.55 billion in net income (profit) each year or $4.38 on an earnings per share basis. Wells Fargo & Co employs 260,000 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, 94104. The financial services provider can be reached via phone at 866-249-3302 or via email at [email protected]