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

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

Wells Fargo & Co declared a quarterly dividend on Tuesday, July 23rd. Investors of record on Friday, August 9th will be paid a dividend of $0.51 per share on Sunday, September 1st. This represents a $2.04 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date of this dividend is Thursday, August 8th. This is a boost from Wells Fargo & Co's previous quarterly dividend of $0.45. View Wells Fargo & Co's Dividend History.

Wells Fargo & Co announced that its board has approved a stock repurchase 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 buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

Wells Fargo & Co (NYSE:WFC) issued its quarterly earnings data on Tuesday, October, 15th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.15 by $0.23. The financial services provider earned $22.01 billion during the quarter, compared to the consensus estimate of $21.32 billion. Wells Fargo & Co had a return on equity of 13.01% and a net margin of 21.67%. The business's revenue for the quarter was up .3% on a year-over-year basis. During the same quarter last year, the company earned $1.13 earnings per share. View Wells Fargo & Co's Earnings History.

Wells Fargo & Co is scheduled to release their next quarterly earnings announcement on Tuesday, January 21st 2020. View Earnings Estimates for Wells Fargo & Co.

21 analysts have issued twelve-month target prices for Wells Fargo & Co's shares. Their forecasts range from $42.00 to $60.00. On average, they expect Wells Fargo & Co's stock price to reach $49.85 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View Analyst Price Targets for Wells Fargo & Co.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 3 sell ratings, 15 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wells Fargo & Co.

Media stories about WFC stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Wells Fargo & Co earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Wells Fargo & Co.

Wells Fargo & Co saw a increase in short interest in the month of September. As of September 15th, there was short interest totalling 44,490,000 shares, an increase of 12.8% from the August 15th total of 39,450,000 shares. Based on an average daily trading volume, of 19,740,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.0% of the company's shares 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), Bank of America (BAC), Industrial & Cmrcl Bnk f China (IDCBY), Citigroup (C), U.S. Bancorp (USB), PNC Financial Services Group (PNC), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), Intesa Sanpaolo (ISNPY), Capital One Financial (COF), UBS Group (UBS), BB&T (BBT), Mizuho Financial Group (MFG), BANCO DO BRASIL/S (BDORY) and SunTrust Banks (STI).

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), AT&T (T), Intel (INTC), Verizon Communications (VZ), Citigroup (C), Alibaba Group (BABA), Cisco Systems (CSCO) and Netflix (NFLX).

Wells Fargo & Co's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include CIBC Private Wealth Group LLC (0.07%), Envestnet Asset Management Inc. (0.05%), Gateway Investment Advisers LLC (0.04%), Nisa Investment Advisors LLC (0.03%), Manning & Napier Group LLC (0.02%) and Gulf International Bank UK Ltd (0.02%). Company insiders that own Wells Fargo & Co stock include Avid Modjtabai, Hope A Hardison, John R Shrewsberry, Michael J Loughlin, Petros G Pelos, Richard Levy and Ronald Sargent. View Institutional Ownership Trends for Wells Fargo & Co.

WFC stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Country Trust Bank, Perpetual Ltd, Artemis Investment Management LLP, Alpha Cubed Investments LLC, Fulton Breakefield Broenniman LLC, Gateway Investment Advisers LLC and Commerzbank Aktiengesellschaft FI. View Insider Buying and Selling for Wells Fargo & Co.

WFC stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., Berkshire Asset Management LLC PA, Nisa Investment Advisors LLC, YCG LLC, Cypress Wealth Services LLC, Winmill & CO. Inc. and Pacer Advisors Inc.. View Insider Buying and Selling 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 $49.97.

Wells Fargo & Co has a market capitalization of $220.17 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.View Additional Information About Wells Fargo & Co.

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

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]