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

Wells Fargo & Co's stock was trading at $32.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WFC stock has decreased by 24.3% and is now trading at $24.46. View which stocks have been most impacted by Coronavirus.

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 6 sell ratings, 16 hold ratings and 3 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, July 14th 2020. View our earnings forecast for Wells Fargo & Co.

Wells Fargo & Co will be holding an earnings conference call on Tuesday, July 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) announced its quarterly earnings data on Tuesday, April, 14th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.86 by $0.85. The financial services provider earned $17.72 billion during the quarter, compared to analysts' expectations of $19.40 billion. Wells Fargo & Co had a return on equity of 9.28% and a net margin of 14.52%. The company's revenue for the quarter was down 18.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.20 EPS. View Wells Fargo & Co's earnings history.

Wells Fargo & Co declared a quarterly dividend on Tuesday, April 28th. Stockholders of record on Friday, May 8th will be paid a dividend of $0.51 per share on Monday, June 1st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 8.34%. The ex-dividend date is Thursday, May 7th. View Wells Fargo & Co's dividend history.

Wells Fargo & Co declared that its board has initiated a stock repurchase program 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 reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

25 analysts have issued 1-year price objectives for Wells Fargo & Co's stock. Their forecasts range from $19.00 to $60.00. On average, they expect Wells Fargo & Co's share price to reach $37.98 in the next twelve months. This suggests a possible upside of 55.3% from the stock's current price. View analysts' price targets for Wells Fargo & Co.

News articles about WFC stock have been trending negative on Tuesday, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wells Fargo & Co earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Wells Fargo & Co.

Wells Fargo & Co saw a decrease in short interest in June. As of June 15th, there was short interest totaling 46,270,000 shares, a decrease of 8.4% from the May 31st total of 50,520,000 shares. Based on an average trading volume of 49,670,000 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.1% of the shares of the stock are sold short. 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), National Australia Bank (NABZY), Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), China Minsheng Banking (CMAKY), Capital One Financial (COF) and Standard Chartered (SCBFF). View all competitors.

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

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

Wells Fargo & Co's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%), Farmers Trust Co. (0.00%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%), Modus Advisors LLC (0.00%), Legacy Capital Partners Inc. (0.00%) and Private Trust Co. NA (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 Municipal Employees Retirement System of Michigan, Red Door Wealth Management LLC, Private Trust Co. NA, First Financial Bank Trust Division, Boltwood Capital Management, TRUE Private Wealth Advisors, Diversified Trust Co, and Park National Corp OH. View insider buying and selling activity for Wells Fargo & Co.

WFC stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Farmers Trust Co., Modus Advisors LLC, Legacy Capital Partners Inc., Cullinan Associates Inc., Thomasville National Bank, and Windsor Group LTD. 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 $24.46.

Wells Fargo & Co has a market capitalization of $100.29 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.

The official website for Wells Fargo & Co is 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]