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 announced 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 annualized dividend and a yield of 4.07%. The ex-dividend date of this dividend is Thursday, August 8th. This is an increase 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 initiated a stock buyback program on Tuesday, July 23rd 2019, which authorizes the company to repurchase 350,000,000 shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

Wells Fargo & Co (NYSE:WFC) posted its quarterly earnings results on Tuesday, October, 15th. The financial services provider reported $0.92 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.18 by $0.26. The financial services provider had revenue of $22.01 billion for the quarter, compared to analyst estimates of $21.32 billion. Wells Fargo & Co had a return on equity of 13.74% and a net margin of 23.26%. The business's revenue was up .3% on a year-over-year basis. During the same period in the previous year, the firm posted $1.13 earnings per share. View Wells Fargo & Co's Earnings History.

21 equities research 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 stock price to reach $49.95 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. 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.

Press coverage about WFC stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wells Fargo & Co earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Wells Fargo & Co.

Wells Fargo & Co saw a increase in short interest during 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 currently 2.3 days. Currently, 1.0% of the shares of the company 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 variety of of institutional and retail investors. Top institutional investors include Gateway Investment Advisers LLC (0.04%), Manning & Napier Group LLC (0.02%), Gulf International Bank UK Ltd (0.02%), Bristol John W & Co. Inc. NY (0.02%), PM CAPITAL 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, 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 Country Trust Bank, Perpetual Ltd, Artemis Investment Management LLP, Gateway Investment Advisers LLC, Welch & Forbes LLC, Bremer Bank National Association, Neville Rodie & Shaw Inc. and Patten & Patten Inc. TN. View Insider Buying and Selling for Wells Fargo & Co.

WFC stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Berkshire Asset Management LLC PA, Winmill & CO. Inc., Pacer Advisors Inc., Ferguson Wellman Capital Management Inc., KMG Fiduciary Partners LLC, Viking Fund Management LLC and Wealthfront Advisers LLC. 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 $50.11.

Wells Fargo & Co has a market capitalization of $220.79 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]