NYSE:WFC Wells Fargo & Company - WFC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Wells Fargo & Company Please log in to your account or sign up in order to add this asset to your watchlist. $37.91 +0.73 (+1.96%) (As of 03/29/2023 03:16 PM ET) Add Compare Share Share Today's Range$37.30▼$38.0150-Day Range$36.23▼$48.5052-Week Range$35.25▼$53.30Volume14.91 million shsAverage Volume23.04 million shsMarket Capitalization$143.19 billionP/E Ratio12.07Dividend Yield3.17%Price Target$51.88 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Wells Fargo & Company MarketRank™ ForecastAnalyst RatingModerate Buy2.62 Rating ScoreUpside/Downside36.6% Upside$51.88 Price TargetShort InterestHealthy0.79% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.35Upright™ Environmental ScoreNews Sentiment0.40Based on 30 Articles This WeekInsider TradingSelling Shares$1.61 M Sold Last QuarterProj. Earnings Growth7.50%From $4.80 to $5.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.52 out of 5 starsFinance Sector9th out of 892 stocksNational Commercial Banks Industry3rd out of 86 stocks 4.3 Analyst's Opinion Consensus RatingWells Fargo & Company has received a consensus rating of Buy. The company's average rating score is 2.62, and is based on 8 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $51.88, Wells Fargo & Company has a forecasted upside of 36.6% from its current price of $37.97.Amount of Analyst CoverageWells Fargo & Company has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.79% of the float of Wells Fargo & Company has been sold short.Short Interest Ratio / Days to CoverWells Fargo & Company has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Wells Fargo & Company has recently increased by 10.21%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldWells Fargo & Company pays a meaningful dividend of 3.31%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWells Fargo & Company has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Wells Fargo & Company is 38.22%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Wells Fargo & Company will have a dividend payout ratio of 23.26% next year. This indicates that Wells Fargo & Company will be able to sustain or increase its dividend. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWells Fargo & Company has received a 14.12% net impact score from Upright. Wells Fargo seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Pension funding services", "Life annuities", and "Commercial deposit accounts" products. See details.Environmental SustainabilityThe Environmental Impact score for Wells Fargo & Company is -0.35. Previous Next 3.0 News and Social Media Coverage News SentimentWells Fargo & Company has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 30 news articles for Wells Fargo & Company this week, compared to 21 articles on an average week.Social Mentions This WeekMarketBeat has tracked 1 reddit mention for Wells Fargo & Company this week, compared to 7 mentions on an average week.Search Interest192 people have searched for WFC on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows88 people have added Wells Fargo & Company to their MarketBeat watchlist in the last 30 days. This is an increase of 175% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Wells Fargo & Company insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,605,476.00 in company stock.Percentage Held by InsidersOnly 0.05% of the stock of Wells Fargo & Company is held by insiders.Percentage Held by Institutions72.24% of the stock of Wells Fargo & Company is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Wells Fargo & Company are expected to grow by 7.50% in the coming year, from $4.80 to $5.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wells Fargo & Company is 12.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Wells Fargo & Company is 12.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 137.95.Price to Earnings Growth RatioWells Fargo & Company has a PEG Ratio of 0.74. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioWells Fargo & Company has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Wells Fargo & Company (NYSE:WFC) StockWells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage products and services, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment offers banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment offers corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth & Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net worth and ultra-high-net worth clients. The comRead More Receive WFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wells Fargo & Company and its competitors with MarketBeat's FREE daily newsletter. Email Address WFC Stock News HeadlinesMarch 20, 2023 | marketbeat.comRisk-Free Money Market vs. Bank Dividend Stock, Which is Better? (WFC)Banks stocks have been making headlines due to the collapse of the nation’s 16th largest bank, Silicon Valley Bank and Signature Bank. Notably, theMarch 15, 2023 | marketbeat.comEx-Wells Fargo exec to plead guilty for role in bank scandalA former Wells Fargo Bank executive accused of overseeing a ruse that created millions of bogus customer accounts has agreed to plead guilty to criminal charges likely to send her prison for her role in the scandalMarch 29, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …February 28, 2023 | marketbeat.comShould You Take a Cruise in Royal Caribbean Stock? (WFC)Cruise operator Royal Caribbean Group Ltd. (NYSE: RCL) is experiencing a record WAVE season, typically the first few months of the year when customers takeMarch 29, 2023 | finance.yahoo.comProtecting Yourself and Your Loved Ones From Financial FraudMarch 29, 2023 | americanbankingnews.comQ3 2023 Earnings Estimate for Wells Fargo & Company Issued By Seaport Res Ptn (NYSE:WFC)March 29, 2023 | americanbankingnews.comQ2 2023 Earnings Forecast for Wells Fargo & Company (NYSE:WFC) Issued By OppenheimerMarch 28, 2023 | finance.yahoo.comFinancial instability could trump inflation: strategistMarch 29, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 28, 2023 | forbes.comWells Fargo Stock Is Trading Below Its Fair ValueMarch 27, 2023 | finance.yahoo.comBofA (BAC) Redeploys Lending, Other Workers Amid Industry SlumpMarch 25, 2023 | forbes.comCoinbase: From Hot IPO To Cold Wells NoticeMarch 24, 2023 | americanbankingnews.comWells Fargo & Company (NYSE:WFC) Price Target Cut to $42.00March 24, 2023 | americanbankingnews.comQ3 2023 Earnings Forecast for Wells Fargo & Company Issued By Oppenheimer (NYSE:WFC)March 23, 2023 | benzinga.comCoinbase CEO Explains SEC Wells Notice In NFL Terms: 'We're Playing Pickleball' With Football, Soccer RefereesMarch 22, 2023 | benzinga.comSEC Targets Coinbase With Wells Notice And Threatens Enforcement Actions, CEO Brian Armstrong Fights BackMarch 22, 2023 | finance.yahoo.comThese banks are the biggest funders of the fossil fuel industryMarch 22, 2023 | finance.yahoo.comWells Fargo Bank Increases Prime Rate to 8.00 PercentMarch 22, 2023 | benzinga.comWhat's Going On With Lululemon's Stock?March 21, 2023 | benzinga.comKeurig Dr Pepper Has Appetite For More M&A, Says AnalystMarch 21, 2023 | finance.yahoo.comFed will need to be ‘really careful’ on forward guidance: StrategistMarch 21, 2023 | seekingalpha.comWells Fargo: Banking Crisis Leading To A Discount Buy OpportunityMarch 21, 2023 | seekingalpha.comWells Fargo: Solid Balance Sheet, But Limited Margins Are ConcerningMarch 21, 2023 | finance.yahoo.comShould You Hold Wells Fargo & Company (WFC)?March 20, 2023 | americanbankingnews.comWells Fargo & Company (NYSE:WFC) Coverage Initiated at StockNews.comMarch 20, 2023 | americanbankingnews.comComparing Wells Fargo & Company (NYSE:WFC) and Oak Ridge Financial Services (OTCMKTS:BKOR)March 19, 2023 | finance.yahoo.comUBS chairman: Let's be clear, we just rescued Credit SuisseSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wells Fargo & Company and its competitors with MarketBeat's FREE daily newsletter. Email Address WFC Company Calendar Last Earnings1/13/2023Ex-Dividend for 3/1 Dividend2/02/2023Dividend Payable3/01/2023Today3/29/2023Next Earnings (Estimated)4/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry National commercial banks Sub-IndustryDiversified Banks SectorFinance Current SymbolNYSE:WFC CUSIP94974610 CIK72971 Webwww.wellsfargo.com Phone(866) 249-3302Fax302-636-5454Employees238,000Year Founded1852Price Target and Rating Average Stock Price Forecast$51.88 High Stock Price Forecast$64.00 Low Stock Price Forecast$42.00 Forecasted Upside/Downside+37.0%Consensus RatingModerate Buy Rating Score (0-4)2.62 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$3.14 Trailing P/E Ratio12.06 Forward P/E Ratio7.89 P/E Growth0.74Net Income$13.18 billion Net Margins15.91% Pretax Margin18.07% Return on Equity9.28% Return on Assets0.79% Debt Debt-to-Equity Ratio1.08 Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$82.86 billion Price / Sales1.73 Cash Flow$5.49 per share Price / Cash Flow6.90 Book Value$42.63 per share Price / Book0.89Miscellaneous Outstanding Shares3,777,090,000Free Float3,775,199,000Market Cap$143.08 billion OptionableOptionable Beta1.17 Social Links Key ExecutivesCharlie ScharfPresident, Chief Executive Officer & DirectorScott E. PowellChief Operating Officer & Senior Executive VPMichael P. SantomassimoChief Financial Officer & Senior Executive VPSaul van BeurdenSenior Executive VP & Head-TechnologyPaula DominickChief Compliance OfficerKey CompetitorsU.S. BancorpNYSE:USBCitigroupNYSE:CUBS GroupNYSE:UBSBank of AmericaNYSE:BACThe PNC Financial Services GroupNYSE:PNCView All CompetitorsInsiders & InstitutionsNeo Ivy Capital ManagementBought 10,548 shares on 3/27/2023Ownership: 0.000%MetLife Investment Management LLCSold 12,019 shares on 3/23/2023Ownership: 0.026%Campion Asset ManagementSold 610 shares on 3/22/2023Ownership: 0.000%B. Riley Wealth Advisors Inc.Bought 9,710 shares on 3/15/2023Ownership: 0.002%Claro Advisors LLCBought 3,675 shares on 3/13/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions WFC Stock - Frequently Asked Questions Should I buy or sell Wells Fargo & Company stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Company in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WFC shares. View WFC analyst ratings or view top-rated stocks. What is Wells Fargo & Company's stock price forecast for 2023? 13 brokerages have issued twelve-month target prices for Wells Fargo & Company's stock. Their WFC share price forecasts range from $42.00 to $64.00. On average, they expect the company's share price to reach $51.88 in the next year. This suggests a possible upside of 37.1% from the stock's current price. View analysts price targets for WFC or view top-rated stocks among Wall Street analysts. How have WFC shares performed in 2023? Wells Fargo & Company's stock was trading at $41.29 at the beginning of 2023. Since then, WFC shares have decreased by 8.4% and is now trading at $37.84. View the best growth stocks for 2023 here. Are investors shorting Wells Fargo & Company? Wells Fargo & Company saw a increase in short interest in February. As of February 15th, there was short interest totaling 27,460,000 shares, an increase of 29.0% from the January 31st total of 21,290,000 shares. Based on an average daily volume of 18,230,000 shares, the short-interest ratio is presently 1.5 days. Currently, 0.7% of the shares of the stock are sold short. View Wells Fargo & Company's Short Interest. When is Wells Fargo & Company's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 13th 2023. View our WFC earnings forecast. How were Wells Fargo & Company's earnings last quarter? Wells Fargo & Company (NYSE:WFC) posted its quarterly earnings data on Friday, January, 13th. The financial services provider reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.04. The financial services provider earned $19.66 billion during the quarter, compared to the consensus estimate of $20.04 billion. Wells Fargo & Company had a net margin of 15.91% and a trailing twelve-month return on equity of 9.28%. Wells Fargo & Company's revenue for the quarter was down 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.38 EPS. How often does Wells Fargo & Company pay dividends? What is the dividend yield for Wells Fargo & Company? Wells Fargo & Company announced a quarterly dividend on Tuesday, January 24th. Stockholders of record on Friday, February 3rd will be paid a dividend of $0.30 per share on Wednesday, March 1st. This represents a $1.20 annualized dividend and a dividend yield of 3.17%. The ex-dividend date is Thursday, February 2nd. Read our dividend analysis for WFC. What ETFs hold Wells Fargo & Company's stock? ETFs with the largest weight of Wells Fargo & Company (NYSE:WFC) stock in their portfolio include Invesco KBW Bank ETF (KBWB), First Trust Nasdaq Bank ETF (FTXO), Davis Select U.S. Equity ETF (DUSA), Davis Select Worldwide ETF (DWLD), Davis Select Financial ETF (DFNL), Gabelli Financial Services Opportunities ETF (GABF), Alpha Intelligent - Large Cap Value ETF (AILV) and iShares U.S. Financial Services ETF (IYG). Is Wells Fargo & Company a good dividend stock? Wells Fargo & Company (NYSE:WFC) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.31%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 38.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WFC will have a dividend payout ratio of 23.26% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WFC. What is Charlie Scharf's approval rating as Wells Fargo & Company's CEO? 1,413 employees have rated Wells Fargo & Company Chief Executive Officer Charlie Scharf on Glassdoor.com. Charlie Scharf has an approval rating of 67% among the company's employees. What other stocks do shareholders of Wells Fargo & Company own? Based on aggregate information from My MarketBeat watchlists, some companies that other Wells Fargo & Company investors own include Bank of America (BAC), AT&T (T), JPMorgan Chase & Co. (JPM), Intel (INTC), General Electric (GE), Walt Disney (DIS), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Citigroup (C) and Cisco Systems (CSCO). What is Wells Fargo & Company's stock symbol? Wells Fargo & Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "WFC." Who are Wells Fargo & Company's major shareholders? Wells Fargo & Company's stock is owned by a number of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (2.36%), Geode Capital Management LLC (1.78%), Norges Bank (1.30%), Davis Selected Advisers (0.81%), Moneta Group Investment Advisors LLC (0.69%) and Sanders Capital LLC (0.65%). Insiders that own company stock include Beurden Saul Van and Kleber Santos. View institutional ownership trends. How do I buy shares of Wells Fargo & Company? Shares of WFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Wells Fargo & Company's stock price today? One share of WFC stock can currently be purchased for approximately $37.84. How much money does Wells Fargo & Company make? Wells Fargo & Company (NYSE:WFC) has a market capitalization of $142.93 billion and generates $82.86 billion in revenue each year. The financial services provider earns $13.18 billion in net income (profit) each year or $3.14 on an earnings per share basis. How many employees does Wells Fargo & Company have? The company employs 238,000 workers across the globe. Does Wells Fargo & Company have any subsidiaries? The following companies are subsidiares of Wells Fargo & Company: Castle Pines Capital, EVEREN Capital Corporation, Merlin Securities, NVP Associates LLC, Norwest Venture Partners XII LP, Norwest Venture Partners XIII LP, Norwest Venture Partners XIV LP, Norwest Venture Partners XV LP, OmniPlus Capital Corporation, Peony Asset Management Inc., Ragen Mackenzie, Silver Asset Management Inc., WFC Holdings LLC, Wachovia Corporation, Wells Fargo Bank National Association, Wells Fargo Clearing Services LLC, Wells Fargo Equipment Finance Inc., Wells Fargo Funding LLC, Wells Fargo International Solutions Private Limited, Wells Fargo Municipal Capital Strategies LLC, Wells Fargo National Bank West, and Wells Fargo Securities LLC.Read More How can I contact Wells Fargo & Company? Wells Fargo & Company's mailing address is 420 MONTGOMERY STREET, SAN FRANCISCO CA, 94163. The official website for the company is www.wellsfargo.com. The financial services provider can be reached via phone at (866) 249-3302, via email at investorrelations@wellsfargo.com, or via fax at 302-636-5454. This page (NYSE:WFC) was last updated on 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.