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

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

Wells Fargo & Co declared a quarterly dividend on Tuesday, January 22nd. Shareholders of record on Friday, February 1st will be paid a dividend of $0.45 per share on Friday, March 1st. This represents a $1.80 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date is Thursday, January 31st. This is a positive change from Wells Fargo & Co's previous quarterly dividend of $0.43. View Wells Fargo & Co's Dividend History.

Wells Fargo & Co announced that its Board of Directors has approved a share buyback program on Tuesday, October 23rd 2018, which allows the company to repurchase 350,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

Wells Fargo & Co (NYSE:WFC) announced its quarterly earnings data on Tuesday, January, 15th. The financial services provider reported $1.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.17 by $0.04. The financial services provider had revenue of $20.98 billion for the quarter, compared to the consensus estimate of $21.80 billion. Wells Fargo & Co had a return on equity of 13.34% and a net margin of 22.95%. The firm's revenue was down 4.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.16 EPS. View Wells Fargo & Co's Earnings History.

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

Wells Fargo & Co will be holding an earnings conference call on Friday, April 12th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

18 brokerages have issued 1-year price objectives for Wells Fargo & Co's shares. Their predictions range from $45.50 to $70.00. On average, they expect Wells Fargo & Co's stock price to reach $61.70 in the next twelve months. This suggests a possible upside of 28.3% from the stock's current price. View Analyst Price Targets for Wells Fargo & Co.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 7 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wells Fargo & Co.

Media stories about WFC stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wells Fargo & Co earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave media stories 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 effect on the stock's share price in the next few days.

Wells Fargo & Co saw a increase in short interest in February. As of February 28th, there was short interest totalling 26,206,179 shares, an increase of 12.2% from the February 15th total of 23,356,719 shares. Based on an average daily trading volume, of 16,681,850 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.6% 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), Citigroup (C), U.S. Bancorp (USB), Industrial & Cmrcl Bnk f China (IDCBY), PNC Financial Services Group (PNC), DBS GRP HOLDING/S (DBSDY), National Australia Bank (NABZY), UBS Group (UBS), Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), Capital One Financial (COF), BANCO DO BRASIL/S (BDORY), BB&T (BBT) 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), General Electric (GE), JPMorgan Chase & Co. (JPM), Intel (INTC), AT&T (T), Citigroup (C), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Exxon Mobil (XOM) and Verizon Communications (VZ).

Wells Fargo & Co's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Northern Trust Corp (1.08%), Geode Capital Management LLC (1.06%), Massachusetts Financial Services Co. MA (1.00%), Norges Bank (0.89%), Dimensional Fund Advisors LP (0.72%) and Barrow Hanley Mewhinney & Strauss LLC (0.58%). Company insiders that own Wells Fargo & Co stock include Avid Modjtabai, Berkshire Hathaway Inc, David M Carroll, Hope A Hardison, John R Shrewsberry, Mary T Mack, Michael J Loughlin, Petros G Pelos, Richard Levy, Ronald Sargent, Stephen W Sanger and Timothy J Sloan. View Institutional Ownership Trends for Wells Fargo & Co.

WFC stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Two Sigma Advisers LP, Canada Pension Plan Investment Board, Swedbank, Magellan Asset Management Ltd, Barrow Hanley Mewhinney & Strauss LLC, Harris Associates L P and Massachusetts Financial Services Co. MA. 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.

WFC stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Standard Life Aberdeen plc, Geode Capital Management LLC, Magnolia Group LLC, Los Angeles Capital Management & Equity Research Inc., Prudential Financial Inc. and Bank of Nova Scotia. Company insiders that have bought Wells Fargo & Co stock in the last two years include Ronald Sargent, Stephen W Sanger and Timothy J Sloan. 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, Scottrade, Fidelity and Charles Schwab.

One share of WFC stock can currently be purchased for approximately $48.08.

Wells Fargo & Co has a market capitalization of $234.52 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.

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 866-878-5865 or via email at [email protected]