Wells Fargo & Company Stock Forecast, Price & News

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Company in the last year. There are currently 10 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Wells Fargo & Company stock.
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Wells Fargo & Company is scheduled to release its next quarterly earnings announcement on Wednesday, April 14th 2021.
View our earnings forecast for Wells Fargo & Company.

Wells Fargo & Company will be holding an earnings conference call on Wednesday, April 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 & Company (NYSE:WFC) issued its quarterly earnings data on Thursday, January, 14th. The financial services provider reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.04. The financial services provider earned $17.93 billion during the quarter, compared to analyst estimates of $18 billion. Wells Fargo & Company had a net margin of 3.72% and a trailing twelve-month return on equity of 3.18%. The business's revenue for the quarter was down 9.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.93 EPS.
View Wells Fargo & Company's earnings history.

Wells Fargo & Company's stock was trading at $32.33 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WFC shares have increased by 15.8% and is now trading at $37.43.
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Wells Fargo & Company declared a quarterly dividend on Tuesday, January 26th. Stockholders of record on Friday, February 5th will be paid a dividend of $0.10 per share on Monday, March 1st. This represents a $0.40 dividend on an annualized basis and a yield of 1.07%. The ex-dividend date of this dividend is Thursday, February 4th.
View Wells Fargo & Company's dividend history.

Wells Fargo & Company pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.06%. Wells Fargo & Company does not yet have a strock track record of dividend growth. The dividend payout ratio of Wells Fargo & Company is 9.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Wells Fargo & Company will have a dividend payout ratio of 21.28% next year. This indicates that Wells Fargo & Company will be able to sustain or increase its dividend.
View Wells Fargo & Company's dividend history.

Wells Fargo & Company declared that its Board of Directors has approved a stock buyback program on Tuesday, July 23rd 2019, which allows the company to buyback 350,000,000 shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board of directors believes its shares are undervalued.

25 brokers have issued 12 month price targets for Wells Fargo & Company's stock. Their forecasts range from $24.00 to $43.00. On average, they expect Wells Fargo & Company's share price to reach $33.78 in the next year. This suggests that the stock has a possible downside of 9.7%.
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1,413 employees have rated Wells Fargo & Company CEO Charlie Scharf on Glassdoor.com. Charlie Scharf has an approval rating of 67% among Wells Fargo & Company's employees.

Some companies that are related to Wells Fargo & Company include JPMorgan Chase & Co. (JPM), Bank of America (BAC), Industrial and Commercial Bank of China (IDCBY), Citigroup (C), Truist Financial (TFC), U.S. Bancorp (USB), The PNC Financial Services Group (PNC), Capital One Financial (COF), National Australia Bank (NABZY), UBS Group (UBS), DBS Group (DBSDY), Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), China Minsheng Banking (CMAKY) and Standard Chartered (SCBFF).
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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), The Walt Disney (DIS), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Citigroup (C) and Cisco Systems (CSCO).

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

Wells Fargo & Company's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.87%), Dodge & Cox (3.59%), FMR LLC (3.24%), Price T Rowe Associates Inc. MD (2.58%), Primecap Management Co. CA (1.18%) and Sanders Capital LLC (1.14%). Company insiders that own Wells Fargo & Company stock include Beurden Saul Van, Charles H Noski, Charles W Scharf and Petros G Pelos.
View institutional ownership trends for Wells Fargo & Company.

WFC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., FIL Ltd, Amundi Pioneer Asset Management Inc., Carlson Capital L P, Northern Trust Corp, M&G Investment Management Ltd., Bank of New York Mellon Corp, and Davis Selected Advisers.
View insider buying and selling activity for Wells Fargo & Company or view top insider-selling stocks.

WFC stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Sanders Capital LLC, FMR LLC, Dodge & Cox, Price T Rowe Associates Inc. MD, Cibc World Markets Corp, Windacre Partnership LLC, and Principal Financial Group Inc.. Company insiders that have bought Wells Fargo & Company stock in the last two years include Beurden Saul Van, Charles H Noski, and Charles W Scharf.
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Shares of WFC 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.
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One share of WFC stock can currently be purchased for approximately $37.43.

Wells Fargo & Company has a market capitalization of $154.74 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 & Company employs 268,531 workers across the globe.

The following companies are subsidiares of Wells Fargo & Company: AILS, Augustus Ventures Limited, Azalea Asset Management, Bergamasco Funding, Biscoe Finance, Brittlebush Financing, Carnation Asset Management, Danube Holdings I C.V., Danube I Limited Partner, EVEREN Capital Corporation, Eastdil Secured, Eastdil Secured Broker Services, FNL Insurance Company, Falcon Asset Management, Greenfield Funding, Iapetus Funding, IntraWest Asset Management , Island Finance Holding Company, Komondor Funding, Mastiff Funding, Merlin Securities, Monument Street Funding, Mulberry Asset Management, NVP Associates, Norwest Equity Partners IX, Norwest Financial Funding, Norwest Venture Partners IX, Norwest Venture Partners XI, Norwest Venture Partners XII, Norwest Venture Partners XIII, OmniPlus Capital Corporation, PRN Holdings, Pelican Asset Management, Peony Asset Management, Pheasant Asset Management, Pumi Funding, Pyrenees Funding, REDUS Properties, Ragen Mackenzie, Reliable Financial Services, Sagebrush Asset Management, Salvo Finance GP, Silver Asset Management, Sirius Funding, Sparta GP Holding, Sparta GP Holding REO Corp, Stagecoach Wagon Wheel, The Thirty-Eight Hundred Fund, Trade School Finance LLC, Union Hamilton Reinsurance, Violet Asset Management, WFC Holdings, WFC Holdings Corporation, Wachovia Trade Finance Corporation, Wells Capital Management Incorporated, Wells Fargo Affordable Housing Community Development Corporation, Wells Fargo Asset Management Holdings, Wells Fargo Auto Receivables, Wells Fargo Bank International Unlimited Company, Wells Fargo Bank National Association, Wells Fargo Bank South Central, Wells Fargo Capital Finance, Wells Fargo Central Pacific Holdings, Wells Fargo Clearing Services, Wells Fargo Commercial Distribution Finance, Wells Fargo Community Development Corporation, Wells Fargo Community Investment Holdings, Wells Fargo Dealer Floorplan Master Note Trust, Wells Fargo Distribution Finance, Wells Fargo Equipment Finance, Wells Fargo Financial, Wells Fargo Financial Leasing, Wells Fargo Financial National Bank, Wells Fargo Funding, Wells Fargo Funds Management, Wells Fargo Home Mortgage Real Estate Funding 1, Wells Fargo Insurance, Wells Fargo Insurance Re, Wells Fargo International B.V., Wells Fargo Investment Group, Wells Fargo Municipal Capital Strategies, Wells Fargo Municipal Funding, Wells Fargo Preferred Funding Holding Corp, Wells Fargo Principal Lending, Wells Fargo Rail Corporation, Wells Fargo Real Estate Investment Corporation, Wells Fargo Securities, Wells Fargo USA Holdings, Wells Fargo Vendor Financial Services, Wells Fargo Wind Holdings LLC, and Whippet Funding.

Wells Fargo & Company was founded in 1852.

The official website for Wells Fargo & Company is www.wellsfargo.com.

Wells Fargo & Company is headquartered at 420 MONTGOMERY STREET, SAN FRANCISCO CA, 94163.

Wells Fargo & Company'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]