NYSE:WFC Wells Fargo & Company - WFC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Wells Fargo & Company Please log in to your account or sign up in order to add this asset to your watchlist. $47.58 +0.35 (+0.74%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$46.95▼$48.0450-Day Range$40.68▼$47.9552-Week Range$36.54▼$60.30Volume17.35 million shsAverage Volume19.60 million shsMarket Capitalization$181.30 billionP/E Ratio15.15Dividend Yield2.54%Price Target$52.09 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Wells Fargo & Company MarketRank™ ForecastAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside9.5% Upside$52.09 Price TargetShort InterestHealthy0.63% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.35Upright™ Environmental ScoreNews Sentiment0.68Based on 15 Articles This WeekInsider TradingN/AProj. Earnings Growth8.64%From $4.86 to $5.28 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector26th out of 865 stocksNational Commercial Banks Industry3rd out of 83 stocks 2.3 Analyst's Opinion Consensus RatingWells Fargo & Company has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.09, Wells Fargo & Company has a forecasted upside of 9.5% from its current price of $47.58.Amount of Analyst CoverageWells Fargo & Company has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.63% of the float of Wells Fargo & Company has been sold short.Short Interest Ratio / Days to CoverWells Fargo & Company has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Wells Fargo & Company has recently decreased by 9.37%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldWells Fargo & Company pays a meaningful dividend of 2.54%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthWells Fargo & Company has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Wells Fargo & Company is 38.22%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Wells Fargo & Company will have a dividend payout ratio of 22.73% next year. This indicates that Wells Fargo & Company will be able to sustain or increase its dividend. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreWells Fargo & Company has received a 14.12% net impact score from Upright. Wells Fargo seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Pension funding services", "Life annuities", and "Commercial deposit accounts" products. See details.Environmental SustainabilityThe Environmental Impact score for Wells Fargo & Company is -0.35. Previous Next 3.2 News and Social Media Coverage News SentimentWells Fargo & Company has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Wells Fargo & Company this week, compared to 20 articles on an average week.Search Interest159 people have searched for WFC on MarketBeat in the last 30 days. This is an increase of 261% compared to the previous 30 days.MarketBeat Follows57 people have added Wells Fargo & Company to their MarketBeat watchlist in the last 30 days. This is an increase of 104% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Wells Fargo & Company insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.05% of the stock of Wells Fargo & Company is held by insiders.Percentage Held by Institutions72.24% of the stock of Wells Fargo & Company is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Wells Fargo & Company are expected to grow by 8.64% in the coming year, from $4.86 to $5.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Wells Fargo & Company is 15.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Wells Fargo & Company is 15.15, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 181.00.Price to Earnings Growth RatioWells Fargo & Company has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioWells Fargo & Company has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Wells Fargo & Company (NYSE:WFC) StockWells 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 comRead More Receive WFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wells Fargo & Company and its competitors with MarketBeat's FREE daily newsletter. Email Address WFC Stock News HeadlinesJanuary 30, 2023 | dividendstocks.comEmerson Electric Stock Dividend: What You Need to Know (WFC)January 30, 2023 | marketbeat.comCapital 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 contractsFebruary 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.comWhy 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.comWhen 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.comJPMorgan 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.comWells Fargo 4Q profit falls by half but tops expectationsWells 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 yearsJanuary 13, 2023 | marketbeat.comWells Fargo tops fourth-quarter profit expectationsWells 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 yearsFebruary 4, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... 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(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 stockJanuary 11, 2023 | marketbeat.comAxcelis, Axonics rise; CommVault, Ichor Holdings fallStocks that traded heavily or had substantial price changes Wednesday: Axcelis, Axonics rise; CommVault, Ichor Holdings fallJanuary 10, 2023 | marketbeat.comMillennial Money: 5 tactics to pay buy now, pay later debtAfter the holiday season, those “buy now, pay later” bills will come dueFebruary 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 timesFebruary 3, 2023 | investing.comWells Fargo Downgrades SLM Corp. to Equal Weight (CORRCTION)February 2, 2023 | finance.yahoo.comWells Fargo Hoped Fed Sanction Would Be Brief. Today It Turns 5February 2, 2023 | finance.yahoo.comBetter Buy: Wells Fargo or Citigroup?February 1, 2023 | finance.yahoo.comWells Fargo Bank Increases Prime Rate to 7.75 PercentFebruary 1, 2023 | finance.yahoo.comWells Fargo Announces $50 Million Grant to NAACPJanuary 31, 2023 | marketwatch.comWells Fargo & Co. stock outperforms competitors on strong trading dayJanuary 31, 2023 | marketwatch.comWells Fargo & Co. stock rises Tuesday, still underperforms marketJanuary 31, 2023 | finance.yahoo.comWells Fargo to fill former Duke Energy building and invest in University-area campusJanuary 31, 2023 | finance.yahoo.comWells Fargo Updates 2023 Earnings Release Date Information and Announces 2024 DatesJanuary 30, 2023 | seekingalpha.comPfizer earnings are at stake if EU vaccine contract changes – Wells FargoJanuary 27, 2023 | msn.comWells Fargo CEO Passes on Raise: Will 'Only' Make $24.5 Million This YearJanuary 27, 2023 | msn.comWells Fargo CEO's 2022 pay unchanged at $24.5M at his requestJanuary 27, 2023 | finance.yahoo.comWhy Wells Fargo CEO Charlie Scharf turned down a raiseJanuary 27, 2023 | bizjournals.comWells Fargo's 'Beyond Open' grants $5.9M to diverse group of Charlotte businesses, with two more rounds aheadSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Wells Fargo & Company and its competitors with MarketBeat's FREE daily newsletter. Email Address WFC Company Calendar Ex-Dividend for 12/1 Dividend11/03/2022Dividend Payable12/01/2022Last Earnings1/13/2023Ex-Dividend for 3/1 Dividend2/02/2023Today2/04/2023Dividend Payable3/01/2023Next Earnings (Estimated)4/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry National commercial banks Sub-IndustryDiversified Banks SectorFinance Current SymbolNYSE:WFC CUSIP94974610 CIK72971 Webwww.wellsfargo.com Phone(866) 249-3302Fax302-636-5454Employees247,848Year Founded1852Price 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 RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$3.14 Trailing P/E Ratio15.15 Forward P/E Ratio9.79 P/E Growth0.95Net Income$13.18 billion Net Margins15.91% Pretax Margin18.07% Return on Equity9.28% Return on Assets0.79% Debt Debt-to-Equity Ratio1.08 Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$82.86 billion Price / Sales2.19 Cash Flow$7.22 per share Price / Cash Flow6.59 Book Value$42.63 per share Price / Book1.12Miscellaneous Outstanding Shares3,810,490,000Free Float3,808,586,000Market Cap$181.30 billion OptionableOptionable Beta1.19 Social Links Key ExecutivesCharlie ScharfPresident, Chief Executive Officer & DirectorScott E. PowellChief Operating Officer & Senior Executive VPMichael P. SantomassimoChief Financial Officer & Senior Executive VPSaul van BeurdenSenior Executive VP & Head-TechnologyPaula DominickChief Compliance OfficerKey CompetitorsU.S. BancorpNYSE:USBCitigroupNYSE:CUBS GroupNYSE:UBSBank of AmericaNYSE:BACThe PNC Financial Services GroupNYSE:PNCView All CompetitorsInsiders & InstitutionsU.S. Capital Wealth Advisors LLCSold 310 shares on 2/3/2023Ownership: 0.002%Brooks Moore & Associates Inc.Sold 400 shares on 2/3/2023Ownership: 0.000%Childress Capital Advisors LLCBought 595 shares on 2/3/2023Ownership: 0.000%First Dallas Securities Inc.Sold 500 shares on 2/3/2023Ownership: 0.000%Archer Investment CorpBought 675 shares on 2/3/2023Ownership: 0.000%View All Insider TransactionsView 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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