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DOW   32,920.46
QQQ   306.18
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Zimmer Biomet Beats on Earnings, Growth May be Priced In
Skull found in '97 in remote Alaska belongs to New York man
NYSE:WFC

Wells Fargo & Company - WFC Stock Forecast, Price & News

$47.58
+0.35 (+0.74%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$46.95
▼
$48.04
50-Day Range
$40.68
▼
$47.95
52-Week Range
$36.54
▼
$60.30
Volume
17.35 million shs
Average Volume
19.60 million shs
Market Capitalization
$181.30 billion
P/E Ratio
15.15
Dividend Yield
2.54%
Price Target
$52.09

Wells Fargo & Company MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
9.5% Upside
$52.09 Price Target
Short Interest
Healthy
0.63% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.35
Upright™ Environmental Score
News Sentiment
0.68mentions of Wells Fargo & Company in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.64%
From $4.86 to $5.28 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.81 out of 5 stars

Finance Sector

26th out of 865 stocks

National Commercial Banks Industry

3rd out of 83 stocks

See Top Rated MarketRank™ Stocks Here
WFC stock logo

About Wells Fargo & Company (NYSE:WFC) Stock

Wells Fargo & Co. is a diversified, community-based financial services company. It is engaged in the provision of banking, insurance, investments, mortgage products and services, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. The Consumer Banking and Lending segment offers consumer and small business banking, home lending, credit cards, auto, and personal lending. The Commercial Banking segment offers banking and credit products across multiple industry sectors and municipalities, secured lending and lease products, and treasury management. The Corporate and Investment Banking segment offers corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income solutions, as well as sales, trading, and research capabilities. The Wealth & Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, trust and fiduciary products and services to affluent, high-net worth and ultra-high-net worth clients. The com

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WFC Stock News Headlines

January 30, 2023 | dividendstocks.com
Emerson Electric Stock Dividend: What You Need to Know (WFC)
January 30, 2023 | marketbeat.com
Capital One Stock: Will Subprime Borrowers Spoil the Rally? (WFC)
Financial services holding company Capital One Financial Co. (NYSE: COF) stock has been hit due to its exposure to subprime borrowers. As the economy contracts
February 4, 2023 | Wall Street Watch Dogs (Ad)
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
January 24, 2023 | marketbeat.com
Why is the Chipotle Stock Price Surging This Week? (WFC)
Chipotle's share is one to watch this week amid a rally showing no signs of slowing down and a positive outlook painted by analysts on Wall Street.
January 23, 2023 | marketbeat.com
When Does Pfizer Become A Bargain? (WFC)
With a price-to-earnings ratio of less than 9 and a dividend yield of 3.63% you have to be thinking that Pfizer may a bit of a bargain down here.
January 13, 2023 | marketbeat.com
JPMorgan Chase Falls As Banks Brace For Recession  (WFC)
JPMorgan Chase (NYSE: JPM) stock and the banks are moving lower after strong results and weak outlook cut into the expectation for 2023 earnings.
January 13, 2023 | marketbeat.com
Wells Fargo 4Q profit falls by half but tops expectations
Wells Fargo’s profit for the fourth quarter came in ahead of Wall Street’s targets but were about half of what it earned last year as the bank had to pay another $3.3 billion in fines and penalties to settle numerous scandals from recent years
January 13, 2023 | marketbeat.com
Wells Fargo tops fourth-quarter profit expectations
Wells Fargo’s profit for the fourth quarter came in ahead of Wall Street’s targets, even as the bank had to dole out another $3.3 billion in fines and penalties to help resolve numerous scandals from recent years
February 4, 2023 | Investor Place Media (Ad)
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January 11, 2023 | marketbeat.com
Bloom Energy Powers Up After an Upgrade, is it Worth the Risk? (WFC)
Bloom Energy stock is surging after an analyst upgrade drew attention to international expansion but there's still a lot that has to go right for BE stock
January 11, 2023 | marketbeat.com
Axcelis, Axonics rise; CommVault, Ichor Holdings fall
Stocks that traded heavily or had substantial price changes Wednesday: Axcelis, Axonics rise; CommVault, Ichor Holdings fall
January 10, 2023 | marketbeat.com
Millennial Money: 5 tactics to pay buy now, pay later debt
After the holiday season, those “buy now, pay later” bills will come due
February 3, 2023 | finance.yahoo.com
‘Things were way tougher’: Charlie Munger has a blunt message for whiners worried about 'hardship.' Here are the stocks that keep Warren Buffett's right-hand man happy in tough times
February 3, 2023 | investing.com
Wells Fargo Downgrades SLM Corp. to Equal Weight (CORRCTION)
February 2, 2023 | finance.yahoo.com
Wells Fargo Hoped Fed Sanction Would Be Brief. Today It Turns 5
February 2, 2023 | finance.yahoo.com
Better Buy: Wells Fargo or Citigroup?
February 1, 2023 | finance.yahoo.com
Wells Fargo Bank Increases Prime Rate to 7.75 Percent
February 1, 2023 | finance.yahoo.com
Wells Fargo Announces $50 Million Grant to NAACP
January 31, 2023 | marketwatch.com
Wells Fargo & Co. stock outperforms competitors on strong trading day
January 31, 2023 | marketwatch.com
Wells Fargo & Co. stock rises Tuesday, still underperforms market
January 31, 2023 | finance.yahoo.com
Wells Fargo to fill former Duke Energy building and invest in University-area campus
January 31, 2023 | finance.yahoo.com
Wells Fargo Updates 2023 Earnings Release Date Information and Announces 2024 Dates
January 30, 2023 | seekingalpha.com
Pfizer earnings are at stake if EU vaccine contract changes – Wells Fargo
January 27, 2023 | msn.com
Wells Fargo CEO Passes on Raise: Will 'Only' Make $24.5 Million This Year
January 27, 2023 | msn.com
Wells Fargo CEO's 2022 pay unchanged at $24.5M at his request
January 27, 2023 | finance.yahoo.com
Why Wells Fargo CEO Charlie Scharf turned down a raise
January 27, 2023 | bizjournals.com
Wells Fargo's 'Beyond Open' grants $5.9M to diverse group of Charlotte businesses, with two more rounds ahead
See More Headlines
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WFC Company Calendar

Ex-Dividend for 12/1 Dividend
11/03/2022
Dividend Payable
12/01/2022
Last Earnings
1/13/2023
Ex-Dividend for 3/1 Dividend
2/02/2023
Today
2/04/2023
Dividend Payable
3/01/2023
Next Earnings (Estimated)
4/13/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
National commercial banks
Sub-Industry
Diversified Banks
Sector
Finance
Current Symbol
NYSE:WFC
CUSIP
94974610
CIK
72971
Web
www.wellsfargo.com
Phone
(866) 249-3302
Fax
302-636-5454
Employees
247,848
Year Founded
1852

Price Target and Rating

Average Stock Price Forecast
$52.09
High Stock Price Forecast
$64.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+9.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
13 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$3.14
Trailing P/E Ratio
15.15
Forward P/E Ratio
9.79
P/E Growth
0.95
Net Income
$13.18 billion
Net Margins
15.91%
Pretax Margin
18.07%
Return on Equity
9.28%
Return on Assets
0.79%

Debt

Debt-to-Equity Ratio
1.08
Current Ratio
0.84
Quick Ratio
0.84

Sales & Book Value

Annual Sales
$82.86 billion
Price / Sales
2.19
Cash Flow
$7.22 per share
Price / Cash Flow
6.59
Book Value
$42.63 per share
Price / Book
1.12

Miscellaneous

Outstanding Shares
3,810,490,000
Free Float
3,808,586,000
Market Cap
$181.30 billion
Optionable
Optionable
Beta
1.19

Social Links


Key Executives

  • Charlie ScharfCharlie Scharf
    President, Chief Executive Officer & Director
  • Scott E. PowellScott E. Powell
    Chief Operating Officer & Senior Executive VP
  • Michael P. SantomassimoMichael P. Santomassimo
    Chief Financial Officer & Senior Executive VP
  • Saul van Beurden
    Senior Executive VP & Head-Technology
  • Paula Dominick
    Chief Compliance Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













WFC Stock - Frequently Asked Questions

Should I buy or sell Wells Fargo & Company stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Company in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" WFC shares.
View WFC analyst ratings or view top-rated stocks.

What is Wells Fargo & Company's stock price forecast for 2023?

13 Wall Street research analysts have issued 1-year target prices for Wells Fargo & Company's stock. Their WFC share price forecasts range from $45.00 to $64.00. On average, they predict the company's stock price to reach $52.09 in the next twelve months. This suggests a possible upside of 9.5% from the stock's current price.
View analysts price targets for WFC or view top-rated stocks among Wall Street analysts.

How have WFC shares performed in 2023?

Wells Fargo & Company's stock was trading at $41.29 on January 1st, 2023. Since then, WFC shares have increased by 15.2% and is now trading at $47.58.
View the best growth stocks for 2023 here.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 13th 2023.
View our WFC earnings forecast.

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

Wells Fargo & Company (NYSE:WFC) announced its quarterly earnings results on Friday, January, 13th. The financial services provider reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.04. The financial services provider had revenue of $19.66 billion for the quarter, compared to analysts' expectations of $20.04 billion. Wells Fargo & Company had a net margin of 15.91% and a trailing twelve-month return on equity of 9.28%. Wells Fargo & Company's revenue was down 5.7% on a year-over-year basis. During the same period last year, the firm earned $1.38 earnings per share.

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 24th. Stockholders of record on Friday, February 3rd will be paid a dividend of $0.30 per share on Wednesday, March 1st. This represents a $1.20 annualized dividend and a dividend yield of 2.52%. The ex-dividend date is Thursday, February 2nd.
Read our dividend analysis for WFC.

Is Wells Fargo & Company a good dividend stock?

Wells Fargo & Company (NYSE:WFC) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.54%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 38.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WFC will have a dividend payout ratio of 22.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WFC.

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

1,413 employees have rated Wells Fargo & Company Chief Executive Officer Charlie Scharf on Glassdoor.com. Charlie Scharf has an approval rating of 67% among the company's employees.

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), 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 a number of institutional and retail investors. Top institutional investors include Pzena Investment Management LLC (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), New York State Teachers Retirement System (0.12%), Artemis Investment Management LLP (0.11%), Mondrian Investment Partners LTD (0.09%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Beurden Saul Van, Charles H Noski, Charles W Scharf and Kleber Santos.
View institutional ownership trends.

How do I buy shares of Wells Fargo & Company?

Shares of WFC stock 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 $47.58.

How much money does Wells Fargo & Company make?

Wells Fargo & Company (NYSE:WFC) has a market capitalization of $181.30 billion and generates $82.86 billion in revenue each year. The financial services provider earns $13.18 billion in net income (profit) each year or $3.14 on an earnings per share basis.

How many employees does Wells Fargo & Company have?

The company employs 247,848 workers across the globe.

Does Wells Fargo & Company have any subsidiaries?
The following companies are subsidiares of Wells Fargo & Company: Castle Pines Capital, EVEREN Capital Corporation, Merlin Securities, NVP Associates LLC, Norwest Venture Partners XII LP, Norwest Venture Partners XIII LP, Norwest Venture Partners XIV LP, Norwest Venture Partners XV LP, OmniPlus Capital Corporation, Peony Asset Management Inc., Ragen Mackenzie, Silver Asset Management Inc., WFC Holdings LLC, Wachovia Corporation, Wells Fargo Bank National Association, Wells Fargo Clearing Services LLC, Wells Fargo Equipment Finance Inc., Wells Fargo Funding LLC, Wells Fargo International Solutions Private Limited, Wells Fargo Municipal Capital Strategies LLC, Wells Fargo National Bank West, and Wells Fargo Securities LLC.
Read More
How can I contact Wells Fargo & Company?

Wells Fargo & Company's mailing address is 420 MONTGOMERY STREET, SAN FRANCISCO CA, 94163. The official website for the company is www.wellsfargo.com. The financial services provider can be reached via phone at (866) 249-3302, via email at investorrelations@wellsfargo.com, or via fax at 302-636-5454.

This page (NYSE:WFC) was last updated on 2/4/2023 by MarketBeat.com Staff