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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NYSE:WFC

Wells Fargo & Company Stock Forecast, Price & News

$36.17
-1.39 (-3.70 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$35.93
Now: $36.17
$37.41
50-Day Range
$29.88
MA: $33.31
$38.29
52-Week Range
$20.76
Now: $36.17
$44.32
Volume39.26 million shs
Average Volume38.26 million shs
Market Capitalization$149.53 billion
P/E Ratio97.76
Dividend Yield1.06%
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

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryDiversified Banks
SectorFinance
CUSIP94974610
Phone866-249-3302
Employees268,531
Year Founded1852

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$103.92 billion
Cash Flow$10.64 per share
Book Value$39.06 per share

Profitability

Net Income$19.55 billion

Miscellaneous

Outstanding Shares4,134,106,000
Market Cap$149.53 billion
Next Earnings Date4/13/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

2.10 out of 5 stars

Finance Sector

159th out of 1,923 stocks

National Commercial Banks Industry

25th out of 161 stocks

Analyst Opinion: 2.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
$36.17
-1.39 (-3.70 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

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 11 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Wells Fargo & Company stock.
View analyst ratings for Wells Fargo & Company
or view top-rated stocks.

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

Wall Street analysts have given Wells Fargo & Company a "Buy" 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.

Are investors shorting Wells Fargo & Company?

Wells Fargo & Company saw a increase in short interest in January. As of January 15th, there was short interest totaling 46,390,000 shares, an increase of 20.7% from the December 31st total of 38,430,000 shares. Based on an average trading volume of 39,690,000 shares, the short-interest ratio is currently 1.2 days. Currently, 1.1% of the shares of the stock are short sold.
View Wells Fargo & Company's Short Interest
.

When is Wells Fargo & Company's next earnings date?

Wells Fargo & Company is scheduled to release its next quarterly earnings announcement on Tuesday, April 13th 2021.
View our earnings forecast for Wells Fargo & Company
.

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

Wells Fargo & Company (NYSE:WFC) announced its earnings results on Thursday, January, 14th. The financial services provider reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.04. The financial services provider earned $17.93 billion during the quarter, compared to analysts' expectations 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 firm's revenue for the quarter was down 9.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.93 earnings per share.
View Wells Fargo & Company's earnings history
.

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

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 11.9% and is now trading at $36.17.
View which stocks have been most impacted by COVID-19
.

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, January 26th. Shareholders of record on Friday, February 5th will be given a dividend of $0.10 per share on Monday, March 1st. This represents a $0.40 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend is Thursday, February 4th.
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 1.06%. 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.

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

Wells Fargo & Company announced that its board has initiated a share repurchase 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 repurchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

What price target have analysts set for WFC?

26 Wall Street analysts have issued twelve-month price objectives for Wells Fargo & Company's stock. Their forecasts range from $24.00 to $42.00. On average, they anticipate Wells Fargo & Company's stock price to reach $34.00 in the next twelve months. This suggests that the stock has a possible downside of 6.0%.
View analysts' price targets for Wells Fargo & Company
or view top-rated stocks among Wall Street analysts.

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 Charlie Scharf's approval rating as Wells Fargo & Company's CEO?

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.

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).

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 many different retail and institutional 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
.

Which major investors are selling Wells Fargo & Company stock?

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.

Which major investors are buying Wells Fargo & Company stock?

WFC stock was purchased by a variety of institutional investors in the last quarter, including Sanders Capital LLC, FMR LLC, Dodge & Cox, Price T Rowe Associates Inc. MD, Cibc World Markets Corp, Windacre Partnership LLC, Principal Financial Group Inc., and Alliancebernstein L.P.. 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.
Compare Top Brokerages Here.

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

One share of WFC stock can currently be purchased for approximately $36.17.

How much money does Wells Fargo & Company make?

Wells Fargo & Company has a market capitalization of $149.53 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.

How many employees does Wells Fargo & Company have?

Wells Fargo & Company employs 268,531 workers across the globe.

When was Wells Fargo & Company founded?

Wells Fargo & Company was founded in 1852.

What is Wells Fargo & Company's official website?

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

Where are Wells Fargo & Company's headquarters?

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

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 2/27/2021 by MarketBeat.com Staff

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