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 announced a quarterly dividend on Tuesday, October 22nd. Stockholders of record on Friday, November 8th will be paid a dividend of $0.51 per share on Sunday, December 1st. This represents a $2.04 annualized dividend and a dividend yield of 4.31%. The ex-dividend date is Thursday, November 7th. View Wells Fargo & Co's Dividend History.

Wells Fargo & Co declared that its Board of Directors has approved a stock buyback program on Tuesday, July 23rd 2019, which authorizes the company to buyback 350,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

Wells Fargo & Co (NYSE:WFC) issued its quarterly earnings data on Tuesday, January, 14th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.10 by $0.17. The financial services provider earned $19.86 billion during the quarter, compared to analyst estimates 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 quarterly revenue was down 5.4% on a year-over-year basis. During the same period last year, the business posted $1.21 EPS. 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 brokerages have issued 1 year price targets for Wells Fargo & Co's stock. Their forecasts range from $42.00 to $60.00. On average, they anticipate Wells Fargo & Co's stock price to reach $49.98 in the next year. This suggests a possible upside of 5.5% 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 6 sell ratings, 15 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wells Fargo & Co.

Press coverage about WFC stock has been trending extremely negative recently, InfoTrie reports. The research firm ranks the sentiment of 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 five, with scores closest to five being the most favorable. Wells Fargo & Co earned a coverage optimism score of -4.3 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely 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), Capital One Financial (COF), National Australia Bank (NABZY), DBS GRP HOLDING/S (DBSDY), UBS Group (UBS), 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), AT&T (T), JPMorgan Chase & Co. (JPM), General Electric (GE), Alibaba Group (BABA), Intel (INTC), Netflix (NFLX), Ford Motor (F) and NVIDIA (NVDA).

Wells Fargo & Co's stock is owned by a variety of of institutional and retail investors. Top institutional investors include California Public Employees Retirement System (0.22%), Alecta Pensionsforsakring Omsesidigt (0.21%), New York State Teachers Retirement System (0.14%), Marathon Asset Management LLP (0.12%), M&G Investment Management Ltd. (0.08%) and Strs Ohio (0.07%). 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 Alecta Pensionsforsakring Omsesidigt, Marathon Asset Management LLP, California Public Employees Retirement System, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Artemis Investment Management LLP, New York State Teachers Retirement System, Strs Ohio and Commerzbank Aktiengesellschaft FI. View Insider Buying and Selling for Wells Fargo & Co.

WFC stock was purchased by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., Johanson Financial Advisors Inc., Alpha Cubed Investments LLC, Gradient Investments LLC, Sabal Trust CO, DNB Asset Management AS, Packer & Co Ltd and Granite Investment Advisors 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 $47.37.

Wells Fargo & Co has a market capitalization of $200.34 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. 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]