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

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Company in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" WFC shares.
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14 analysts have issued 12 month price objectives for Wells Fargo & Company's shares. Their WFC share price forecasts range from $45.00 to $67.00. On average, they anticipate the company's share price to reach $55.53 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price.
View analysts price targets for WFC or view top-rated stocks among Wall Street analysts.

Wells Fargo & Company's stock was trading at $47.98 on January 1st, 2022. Since then, WFC stock has decreased by 9.6% and is now trading at $43.39.
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The company is scheduled to release its next quarterly earnings announcement on Friday, January 13th 2023.
View our WFC earnings forecast.

Wells Fargo & Company will be holding an earnings conference call on Friday, January 13th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 203-369-3346 with passcode "5964#".

Wells Fargo & Company (NYSE:WFC) issued its earnings results on Friday, October, 14th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.09 by $0.21. The financial services provider had revenue of $19.51 billion for the quarter, compared to analyst estimates of $18.78 billion. Wells Fargo & Company had a trailing twelve-month return on equity of 10.95% and a net margin of 19.95%. The business's revenue was up 3.6% compared to the same quarter last year. During the same period last year, the firm earned $1.17 earnings per share.
Read the conference call transcript.

Wells Fargo & Company declared a quarterly dividend on Tuesday, October 25th. Stockholders of record on Friday, November 4th will be paid a dividend of $0.30 per share on Thursday, December 1st. This represents a $1.20 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date is Thursday, November 3rd.
Read our dividend analysis for WFC.

Wells Fargo & Company (NYSE:WFC) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.61%. 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 31.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WFC will have a dividend payout ratio of 23.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WFC.

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.

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).

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

Wells Fargo & Company's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.58%), Price T Rowe Associates Inc. MD (2.77%), Primecap Management Co. CA (1.27%), Davis Selected Advisers (0.84%), Bank of New York Mellon Corp (0.80%) and Sanders Capital LLC (0.66%). Insiders that own company stock include Beurden Saul Van, Charles H Noski, Charles W Scharf and Kleber Santos.
View institutional ownership trends.

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.
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One share of WFC stock can currently be purchased for approximately $43.39.

Wells Fargo & Company (NYSE:WFC) has a market capitalization of $165.34 billion and generates $82.41 billion in revenue each year. The financial services provider earns $21.55 billion in net income (profit) each year or $3.85 on an earnings per share basis.

The company employs 247,848 workers across the globe.

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.