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S&P 500   4,026.12
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MarketBeat: Week in Review 11/21 - 11/25
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US FCC bans sales, import of Chinese tech from Huawei, ZTE
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Court revives wrongful death claim in Ohio Walmart shooting
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
MarketBeat: Week in Review 11/21 - 11/25
THE BEST BLACK FRIDAY DEAL YET (Ad)
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Inflation hovers over shoppers seeking deals on Black Friday
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Macao awards casino licenses to MGM, Sands, Wynn, 3 others
US FCC bans sales, import of Chinese tech from Huawei, ZTE
See how to make money instead of spending it on Black Friday with this offer (Ad)
Sober or bright? Europe faces holidays during energy crunch
Court revives wrongful death claim in Ohio Walmart shooting
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
MarketBeat: Week in Review 11/21 - 11/25
THE BEST BLACK FRIDAY DEAL YET (Ad)
See the World with Dollar Flight Club's Lowest Price for Black Friday Weekend
Inflation hovers over shoppers seeking deals on Black Friday
See how to make money instead of spending it on Black Friday with this offer (Ad)
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
US FCC bans sales, import of Chinese tech from Huawei, ZTE
See how to make money instead of spending it on Black Friday with this offer (Ad)
Sober or bright? Europe faces holidays during energy crunch
Court revives wrongful death claim in Ohio Walmart shooting

Wells Fargo & Company - WFC Stock Forecast, Price & News

$47.44
+0.11 (+0.23%)
(As of 11/25/2022 12:00 AM ET)
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Compare
Today's Range
$47.02
$47.64
50-Day Range
$40.01
$47.95
52-Week Range
$36.54
$60.30
Volume
4.91 million shs
Average Volume
16.04 million shs
Market Capitalization
$180.77 billion
P/E Ratio
12.32
Dividend Yield
2.54%
Price Target
$55.03

Wells Fargo & Company MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
16.0% Upside
$55.03 Price Target
Short Interest
Healthy
0.80% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.35
Upright™ Environmental Score
News Sentiment
0.91mentions of Wells Fargo & Company in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
31.76%
From $3.81 to $5.02 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.77 out of 5 stars

Finance Sector

123rd out of 894 stocks

National Commercial Banks Industry

12th out of 88 stocks

WFC stock logo

About Wells Fargo & Company (NYSE:WFC) Stock

Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise 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 services. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

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WFC Stock News Headlines

Hanesbrands May be Signaling a Bad Week for Retail Stocks (WFC)
With high inventories, little pricing power, and a weak economic outlook, now is a time to avoid Hanesbrands stock even though it looks cheap
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With Americans feeling pinched, Biden targets 'junk fees'
With time running out before the election, President Joe Biden highlighted his administration’s push to crack down on so-called junk fees that banks and other companies charge their customers
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JPMorgan Chase dethrones Wells Fargo in Austin
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Wells Fargo Tries Something New (and Customer Friendly)
After its Scandals, Wells Fargo Tries To Do Something Nice
Wells Fargo Hires Credit Suisse Specialty Finance Banker
Wells Fargo Is America’s Worst Bank, Survey Shows
Wells Fargo Launches Short-term Flex-Loan
See More Headlines
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WFC Company Calendar

Ex-Dividend for 9/1 Dividend
8/04/2022
Dividend Payable
9/01/2022
Last Earnings
10/14/2022
Ex-Dividend for 12/1 Dividend
11/03/2022
Today
11/26/2022
Dividend Payable
12/01/2022
Fiscal Year End
12/31/2022
Next Earnings (Confirmed)
1/13/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Diversified Banks
Sector
Finance
CUSIP
94974610
Employees
247,848
Year Founded
1852

Price Target and Rating

Average Stock Price Forecast
$55.03
High Stock Price Forecast
$67.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+16.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
15 Analysts

Profitability

Net Income
$21.55 billion
Pretax Margin
25.55%

Debt

Sales & Book Value

Annual Sales
$82.41 billion
Cash Flow
$7.19 per share
Book Value
$41.56 per share

Miscellaneous

Outstanding Shares
3,810,490,000
Free Float
3,808,586,000
Market Cap
$180.77 billion
Optionable
Optionable
Beta
1.16

Social Links


Key Executives

  • Mr. Charles W. ScharfMr. Charles W. Scharf (Age 57)
    Pres, CEO & Director
    Comp: $7.87M
  • Mr. Michael P. SantomassimoMr. Michael P. Santomassimo (Age 47)
    Sr. EVP & CFO
    Comp: $4.49M
  • Mr. Scott E. PowellMr. Scott E. Powell (Age 60)
    Sr. EVP & COO
    Comp: $3.74M
  • Mr. Jonathan Geoffrey WeissMr. Jonathan Geoffrey Weiss (Age 64)
    Sr. EVP and CEO of Corp. & Investment Banking
    Comp: $3.69M
  • Mr. Ather Williams IIIMr. Ather Williams III (Age 51)
    Sr. EVP and Head of Strategy, Digital & Innovation
    Comp: $5.1M
  • Ms. Muneera S. Carr (Age 53)
    Chief Accounting Officer, Exec. VP & Controller
  • Mr. Saul Van Beurden (Age 52)
    Sr. EVP & Head of Technology
  • Mr. David Owen
    Chief Admin. Officer
  • Mr. John M. Campbell
    Director of Investor Relations
  • Ms. Ellen Reilly Patterson Esq.Ms. Ellen Reilly Patterson Esq. (Age 48)
    J.D., Sr. EVP & Gen. Counsel













WFC Stock - Frequently Asked Questions

Should I buy or sell Wells Fargo & Company stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Company in the last twelve months. There are currently 3 hold ratings and 12 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?

15 equities research analysts have issued 12 month price targets for Wells Fargo & Company's shares. Their WFC share price forecasts range from $45.00 to $67.00. On average, they anticipate the company's stock price to reach $55.03 in the next year. This suggests a possible upside of 16.0% 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 2022?

Wells Fargo & Company's stock was trading at $47.98 at the beginning of 2022. Since then, WFC shares have decreased by 1.1% and is now trading at $47.44.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Friday, January 13th 2023.
View our WFC earnings forecast
.

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

Wells Fargo & Company will be holding an earnings conference call on Friday, January 13th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 203-369-3346 with passcode "5964#".

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

Wells Fargo & Company (NYSE:WFC) posted its quarterly earnings results on Friday, October, 14th. The financial services provider reported $0.85 EPS for the quarter, missing analysts' consensus estimates of $1.09 by $0.24. The financial services provider had revenue of $19.51 billion for the quarter, compared to analyst estimates of $18.78 billion. Wells Fargo & Company had a net margin of 19.95% and a trailing twelve-month return on equity of 10.95%. Wells Fargo & Company's revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.17 earnings per share.
Read the conference call transcript
.

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, October 25th. Investors of record on Friday, November 4th will be paid a dividend of $0.30 per share on Thursday, December 1st. This represents a $1.20 annualized dividend and a yield of 2.53%. The ex-dividend date is Thursday, November 3rd.
Read our dividend analysis for WFC
.

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 2.54%. 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 31.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WFC will have a dividend payout ratio of 23.90% 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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.58%), Price T Rowe Associates Inc. MD (2.77%), Primecap Management Co. CA (1.27%), Davis Selected Advisers (0.84%), Bank of New York Mellon Corp (0.80%) and Sanders Capital LLC (0.66%). Insiders that own company stock include Beurden Saul Van, Charles H Noski, Charles W Scharf 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 $47.44.

How much money does Wells Fargo & Company make?

Wells Fargo & Company (NYSE:WFC) has a market capitalization of $180.77 billion and generates $82.41 billion in revenue each year. The financial services provider earns $21.55 billion in net income (profit) each year or $3.85 on an earnings per share basis.

How many employees does Wells Fargo & Company have?

The company employs 247,848 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 11/26/2022 by MarketBeat.com Staff