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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NYSE:WFC

Wells Fargo & Company Stock Forecast, Price & News

$32.04
-2.71 (-7.80 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$31.82
Now: $32.04
$33.50
50-Day Range
$27.35
MA: $30.19
$34.75
52-Week Range
$20.76
Now: $32.04
$49.88
Volume87.59 million shs
Average Volume50.11 million shs
Market Capitalization$132.47 billion
P/E Ratio86.59
Dividend Yield1.15%
Beta1.07
Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services to individuals, businesses, and institutions in the United States and internationally. It operates in three segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business lending products. The Wholesale Banking segment provides commercial, corporate, capital markets, cash management, and real estate banking products and services, including traditional commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury management, institutional fixed-income sales, interest rate, commodity and equity risk management, online/electronic products, corporate trust fiduciary and agency services, and investment banking services. It also offers commercial and residential development, land acquisition and development, rehabilitation, permanent securitization, and commercial real estate loans; secured and unsecured lines of credit; affordable housing loans and letters of credit; and interim financing arrangements. The Wealth and Investment Management segment provides personalized wealth management, investment, and retirement products and services; and delivers financial planning, private banking, credit, investment management, and fiduciary services. The company also offers brokerage, and Internet and mobile banking services; and has collaboration with National LGBT Chamber of Commerce. As of March 16, 2020, it operated through 7,400 locations; approximately 13,000 ATMs; and offices in 32 countries and territories. The Company was founded in 1852 and is headquartered in San Francisco, California.
Wells Fargo & Company logo

MarketRank

Overall MarketRank

2.26 out of 5 stars

Finance Sector

88th out of 1,651 stocks

National Commercial Banks Industry

19th out of 144 stocks

Analyst Opinion: 2.2Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryDiversified Banks
SectorFinance
CUSIP94974610
Phone866-249-3302
Employees274,900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$103.92 billion
Cash Flow$9.42 per share
Book Value$39.06 per share

Profitability

Net Income$19.55 billion

Miscellaneous

Outstanding Shares4,134,490,000
Market Cap$132.47 billion
Next Earnings DateN/A
OptionableOptionable
$32.04
-2.71 (-7.80 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Wells Fargo & Company's stock price been impacted by COVID-19 (Coronavirus)?

Wells Fargo & Company's stock was trading at $32.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WFC stock has decreased by 0.9% and is now trading at $32.04.
View which stocks have been most impacted by COVID-19
.

Is Wells Fargo & Company a buy right now?

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Company in the last twelve months. There are currently 1 sell rating, 12 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Wells Fargo & Company stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WFC, but not buy additional shares or sell existing shares.
View analyst ratings for Wells Fargo & Company
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Wells Fargo & Company?

Wall Street analysts have given Wells Fargo & Company a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Wells Fargo & Company wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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

Wells Fargo & Company (NYSE:WFC) released its quarterly earnings data on Friday, January, 15th. The financial services provider reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. The financial services provider earned $17.93 billion during the quarter, compared to analysts' expectations of $18 billion. Wells Fargo & Company had a return on equity of 3.18% and a net margin of 3.72%. Wells Fargo & Company's revenue was down 9.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.93 EPS.
View Wells Fargo & Company's earnings history
.

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

Wells Fargo & Company declared a quarterly dividend on Tuesday, October 27th. Shareholders of record on Friday, November 6th will be given a dividend of $0.10 per share on Tuesday, December 1st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, November 5th.
View Wells Fargo & Company's dividend history
.

Is Wells Fargo & Company a good dividend stock?

Wells Fargo & Company pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.15%. 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.

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

Wells Fargo & Company declared that its Board of Directors has approved a stock buyback plan on Tuesday, July 23rd 2019, 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. Stock buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

What price target have analysts set for WFC?

26 brokerages have issued 12-month price objectives for Wells Fargo & Company's shares. Their forecasts range from $24.00 to $42.00. On average, they expect Wells Fargo & Company's share price to reach $32.46 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price.
View analysts' price targets for Wells Fargo & Company
or view Wall Street analyst' top-rated stocks.

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

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), The Walt Disney (DIS), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Citigroup (C) and Cisco Systems (CSCO).

Who are Wells Fargo & Company's key executives?

Wells Fargo & Company's management team includes the following people:
  • Mr. Charles W. Scharf, Pres, CEO & Director (Age 56, Pay $7.57M)
  • Mr. Petros G. Pelos, Sr. EVP & CEO of Commercial Banking (Age 57, Pay $2.91M)
  • Ms. Mary Tabb Mack, Sr. EVP and CEO of Consumer & Small Bus. Banking (Age 58, Pay $3.1M)
  • Mr. Saul Van Beurden, Sr. EVP & Head of Technology (Age 51, Pay $4.17M)
  • Mr. Michael P. Santomassimo, Sr. VP & CFO (Age 46)
  • Mr. Scott E. Powell, Sr. EVP & COO (Age 59)
  • Ms. Muneera S. Carr, Chief Accounting Officer & Exec. VP (Age 52)
  • Ms. Deborah J. Chrapaty, Chief Technology Officer (Age 60)
  • Mr. David Owen, Chief Admin. Officer
  • Mr. John K. Campbell B.A., Head of Investor Relations (Age 87)

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 variety of institutional and retail investors. Top institutional investors include Hexavest Inc. (0.03%), State of Alaska Department of Revenue (0.03%), Rockland Trust Co. (0.01%), Cardinal Capital Management Inc. (0.01%), IFM Investors Pty Ltd (0.01%) and Louisiana State Employees Retirement System (0.01%). 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
.

Which institutional investors are selling Wells Fargo & Company stock?

WFC stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., State of Alaska Department of Revenue, Global Retirement Partners LLC, City Holding Co., Raymond James Trust N.A., Greylin Investment Mangement Inc., Gofen & Glossberg LLC IL, and Cardinal Capital Management Inc..
View insider buying and selling activity for Wells Fargo & Company
or view top insider-selling stocks.

Which institutional investors are buying Wells Fargo & Company stock?

WFC stock was bought by a variety of institutional investors in the last quarter, including Founders Capital Management, IFM Investors Pty Ltd, Louisiana State Employees Retirement System, National Investment Services of America LLC, IMS Capital Management, Beacon Financial Group, Rockland Trust Co., and Pure Financial Advisors 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.
View insider buying and selling activity for Wells Fargo & Company
or or view top insider-buying stocks.

How do I buy shares of Wells Fargo & Company?

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.

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

One share of WFC stock can currently be purchased for approximately $32.04.

How big of a company is Wells Fargo & Company?

Wells Fargo & Company has a market capitalization of $132.47 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 274,900 workers across the globe.

What is Wells Fargo & Company's official website?

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

How can I contact Wells Fargo & Company?

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]

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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