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

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$45.56 -0.54 (-1.17 %)
(As of 05/23/2019 04:00 PM ET)
Previous Close$46.10
Today's Range$45.0650 - $45.86
52-Week Range$43.02 - $59.53
Volume15.78 million shs
Average Volume19.58 million shs
Market Capitalization$222.23 billion
P/E Ratio10.40
Dividend Yield3.89%
Beta1.09
Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. It operates through three segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The company also engages in the wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing, trust, investment advisory, mortgage-backed securities, and venture capital investment services. As of February 7, 2019, it operated through 7,800 locations, 13,000 ATMs, and the Internet and mobile banking, as well as has offices in 37 countries and territories. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryDiversified Banks
SectorFinance
CUSIP94974610
Phone866-249-3302

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$101.06 billion
Cash Flow$5.7380 per share
Book Value$35.98 per share

Profitability

Net Income$22.39 billion

Miscellaneous

Employees259,000
Outstanding Shares4,877,750,000
Market Cap$222.23 billion
Next Earnings Date7/14/2019 (Confirmed)
OptionableOptionable

Wells Fargo & Co (NYSE:WFC) Frequently Asked Questions

What is Wells Fargo & Co's stock symbol?

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

How often does Wells Fargo & Co pay dividends? What is the dividend yield for Wells Fargo & Co?

Wells Fargo & Co announced a quarterly dividend on Tuesday, April 23rd. Investors of record on Friday, May 10th will be given a dividend of $0.45 per share on Saturday, June 1st. This represents a $1.80 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date is Thursday, May 9th. View Wells Fargo & Co's Dividend History.

How will Wells Fargo & Co's stock buyback program work?

Wells Fargo & Co declared that its board has approved a share repurchase program on Tuesday, October 23rd 2018, which permits the company to buyback 350,000,000 shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its stock is undervalued.

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

Wells Fargo & Co (NYSE:WFC) announced its quarterly earnings results on Friday, April, 12th. The financial services provider reported $1.20 earnings per share for the quarter, beating analysts' consensus estimates of $1.08 by $0.12. The financial services provider earned $21.61 billion during the quarter, compared to analysts' expectations of $20.89 billion. Wells Fargo & Co had a net margin of 22.59% and a return on equity of 13.37%. During the same period in the previous year, the business earned $0.96 EPS. View Wells Fargo & Co's Earnings History.

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

Wells Fargo & Co is scheduled to release their next quarterly earnings announcement on Sunday, July 14th 2019. View Earnings Estimates for Wells Fargo & Co.

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

Wells Fargo & Co will be holding an earnings conference call on Tuesday, July 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for WFC?

19 equities research analysts have issued 12-month price objectives for Wells Fargo & Co's shares. Their predictions range from $45.50 to $63.00. On average, they expect Wells Fargo & Co's share price to reach $55.7720 in the next twelve months. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for Wells Fargo & Co.

What is the consensus analysts' recommendation for Wells Fargo & Co?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 12 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wells Fargo & Co.

Has Wells Fargo & Co been receiving favorable news coverage?

Media stories about WFC stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog 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 daily sentiment score of 1.9 on InfoTrie's scale. They also assigned news articles 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 near future.

Are investors shorting Wells Fargo & Co?

Wells Fargo & Co saw a increase in short interest in the month of April. As of April 30th, there was short interest totalling 25,821,186 shares, an increase of 22.7% from the April 15th total of 21,047,546 shares. Based on an average daily volume of 19,453,860 shares, the short-interest ratio is presently 1.3 days. Approximately 0.6% of the shares of the stock are sold short. View Wells Fargo & Co's Current Options Chain.

Who are some of Wells Fargo & Co's key competitors?

What other stocks do shareholders of Wells Fargo & Co own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Wells Fargo & Co investors own include Bank of America (BAC), JPMorgan Chase & Co. (JPM), General Electric (GE), Intel (INTC), AT&T (T), Citigroup (C), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Exxon Mobil (XOM) and Verizon Communications (VZ).

Who are Wells Fargo & Co's key executives?

Wells Fargo & Co's management team includes the folowing people:
  • Mr. John Richard Shrewsberry, Sr. EVP & CFO (Age 53)
  • Ms. Avid Modjtabai, Sr. EVP of Payments, Virtual Solutions & Innovation (Age 57)
  • Mr. Petros G. Pelos, Sr. Exec. VP of Wholesale Banking (Age 55)
  • Ms. Mary Tabb Mack, Head of Consumer Banking (Age 56)
  • Mr. C. Allen Parker, Interim CEO, Pres & Director (Age 64)

Who are Wells Fargo & Co's major shareholders?

Wells Fargo & Co's stock is owned by a number of of institutional and retail investors. Top institutional investors include Geode Capital Management LLC (1.09%), Northern Trust Corp (1.07%), Primecap Management Co. CA (0.94%), Dimensional Fund Advisors LP (0.72%), Wellington Management Group LLP (0.51%) and Magellan Asset Management Ltd (0.48%). Company insiders that own Wells Fargo & Co stock include Avid Modjtabai, David M Carroll, Hope A Hardison, John R Shrewsberry, Mary T Mack, Michael J Loughlin, Petros G Pelos, Richard Levy and Ronald Sargent. View Institutional Ownership Trends for Wells Fargo & Co.

Which major investors are selling Wells Fargo & Co stock?

WFC stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Wellington Management Group LLP, Boston Partners, Los Angeles Capital Management & Equity Research Inc., Lourd Capital LLC, USS Investment Management Ltd, Shelton Capital Management and California Public Employees Retirement System. 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.

Which major investors are buying Wells Fargo & Co stock?

WFC stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Charles Schwab Investment Management Inc., Geode Capital Management LLC, Key Square Capital Management LLC, Sanders Capital LLC, Voya Investment Management LLC, Toronto Dominion Bank and Westwood Holdings Group Inc.. View Insider Buying and Selling for Wells Fargo & Co.

How do I buy shares of 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.

What is Wells Fargo & Co's stock price today?

One share of WFC stock can currently be purchased for approximately $45.56.

How big of a company is Wells Fargo & Co?

Wells Fargo & Co has a market capitalization of $222.23 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.

What is Wells Fargo & Co's official website?

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

How can I contact Wells Fargo & Co?

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]


MarketBeat Community Rating for Wells Fargo & Co (NYSE WFC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  1,197 (Vote Outperform)
Underperform Votes:  1,225 (Vote Underperform)
Total Votes:  2,422
MarketBeat's community ratings are surveys of what our community members think about Wells Fargo & Co and other stocks. Vote "Outperform" if you believe WFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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