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

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, October 22nd. Stockholders of record on Friday, November 8th will be given a dividend of $0.51 per share on Sunday, December 1st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend is Thursday, November 7th. View Wells Fargo & Co's Dividend History.

Wells Fargo & Co declared that its Board of Directors has approved a share repurchase plan on Tuesday, July 23rd 2019, which allows the company to repurchase 350,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.

Wells Fargo & Co (NYSE:WFC) released its quarterly earnings data on Tuesday, January, 14th. The financial services provider reported $0.93 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.10 by $0.17. The financial services provider had revenue of $19.86 billion for the quarter, compared to the consensus estimate of $20.11 billion. Wells Fargo & Co had a return on equity of 12.11% and a net margin of 18.81%. Wells Fargo & Co's revenue for the quarter was down 5.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.21 earnings per share. View Wells Fargo & Co's Earnings History.

Wells Fargo & Co is scheduled to release their next quarterly earnings announcement on Friday, April 10th 2020. View Earnings Estimates for Wells Fargo & Co.

22 Wall Street analysts have issued 12-month price objectives for Wells Fargo & Co's shares. Their forecasts range from $42.00 to $60.00. On average, they anticipate Wells Fargo & Co's share price to reach $49.98 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets for Wells Fargo & Co.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 7 sell ratings, 14 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wells Fargo & Co.

Media headlines about WFC stock have trended very negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Wells Fargo & Co earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Wells Fargo & Co.

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), DBS GRP HOLDING/S (DBSDY), National Australia Bank (NABZY), UBS Group (UBS), Capital One Financial (COF), Intesa Sanpaolo (ISNPY), Truist Financial (TFC), 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), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), AT&T (T), General Electric (GE), Alibaba Group (BABA), Intel (INTC), Netflix (NFLX), Ford Motor (F) and Micron Technology (MU).

Wells Fargo & Co's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.04%), Nisa Investment Advisors LLC (0.03%), Manning & Napier Group LLC (0.03%), PM CAPITAL Ltd (0.02%), Packer & Co Ltd (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Wells Fargo & Co stock include Avid Modjtabai, Hope A Hardison, Petros G Pelos 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 Meag Munich Ergo Kapitalanlagegesellschaft MBH, Artemis Investment Management LLP, Commerzbank Aktiengesellschaft FI, Gateway Investment Advisers LLC, State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Welch & Forbes LLC and PM CAPITAL Ltd. View Insider Buying and Selling for Wells Fargo & Co.

WFC stock was acquired by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Alpha Cubed Investments LLC, Gradient Investments LLC, Sabal Trust CO, DNB Asset Management AS, Packer & Co Ltd, Manning & Napier Group LLC and Deane Retirement Strategies 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 $49.18.

Wells Fargo & Co has a market capitalization of $208.00 billion and generates $103.92 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]