NYSE:WFC - Wells Fargo & Co Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$47.55 -0.10 (-0.21 %)
(As of 04/18/2019 06:52 AM ET)
Previous Close$47.65
Today's Range$46.92 - $47.96
52-Week Range$43.02 - $59.53
Volume25.14 million shs
Average Volume22.68 million shs
Market Capitalization$231.94 billion
P/E Ratio10.86
Dividend Yield3.78%
Beta1.11
Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The company's Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business loans. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed-income sales, commodity and equity risk management, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; and real estate and mortgage brokerage services. The company's Wealth and Investment Management segment offers financial planning, private banking, credit, and investment management and fiduciary services, as well as retirement and trust services. As of February 7, 2019, it operated through 7,800 locations, 13,000 ATMs, and the Internet and mobile banking, as well as has offices in 37 countries and territories. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

Receive WFC News and Ratings via Email

Sign-up to receive the latest news and ratings for WFC and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryDiversified Banks
SectorFinance
CUSIP94974610
Phone866-878-5865

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$101.06 billion
Cash Flow$5.9363 per share
Book Value$35.98 per share

Profitability

Net Income$22.39 billion

Miscellaneous

Employees259,000
Outstanding Shares4,877,754,000
Market Cap$231.94 billion
Next Earnings Date7/12/2019 (Estimated)
OptionableOptionable

Wells Fargo & Co (NYSE:WFC) Frequently Asked Questions

What is Wells Fargo & Co's stock symbol?

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

How often does Wells Fargo & Co pay dividends? What is the dividend yield for Wells Fargo & Co?

Wells Fargo & Co announced a quarterly dividend on Tuesday, January 22nd. Investors of record on Friday, February 1st will be paid a dividend of $0.45 per share on Friday, March 1st. This represents a $1.80 annualized dividend and a yield of 3.79%. The ex-dividend date of this dividend is Thursday, January 31st. This is a positive change from Wells Fargo & Co's previous quarterly dividend of $0.43. View Wells Fargo & Co's Dividend History.

How will Wells Fargo & Co's stock buyback program work?

Wells Fargo & Co declared that its Board of Directors has approved a share repurchase program on Tuesday, October 23rd 2018, which authorizes the company to buyback 350,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's management believes its stock is undervalued.

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

Wells Fargo & Co (NYSE:WFC) issued its quarterly earnings data on Friday, April, 12th. The financial services provider reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.12. The financial services provider had revenue of $21.61 billion for the quarter, compared to analyst estimates of $20.89 billion. Wells Fargo & Co had a net margin of 22.59% and a return on equity of 13.37%. During the same period in the prior year, the business posted $0.96 EPS. View Wells Fargo & Co's Earnings History.

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

Wells Fargo & Co is scheduled to release their next quarterly earnings announcement on Friday, July 12th 2019. View Earnings Estimates for Wells Fargo & Co.

What price target have analysts set for WFC?

19 brokerages have issued 1-year price targets for Wells Fargo & Co's stock. Their forecasts range from $45.50 to $63.00. On average, they anticipate Wells Fargo & Co's stock price to reach $55.9053 in the next year. This suggests a possible upside of 17.6% from the stock's current price. View Analyst Price Targets for Wells Fargo & Co.

What is the consensus analysts' recommendation for Wells Fargo & Co?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 12 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wells Fargo & Co.

Has Wells Fargo & Co been receiving favorable news coverage?

Media stories about WFC stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wells Fargo & Co earned a news impact score of 1.0 on InfoTrie's scale. They also gave media coverage 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 company's share price in the immediate future.

Who are some of Wells Fargo & Co's key competitors?

What other stocks do shareholders of Wells Fargo & Co own?

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), Intel (INTC), AT&T (T), Citigroup (C), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Exxon Mobil (XOM) and Alibaba Group (BABA).

Who are Wells Fargo & Co's key executives?

Wells Fargo & Co's management team includes the folowing people:
  • Mr. Timothy J. Sloan M.B.A., CEO, Pres & Director (Age 58)
  • Mr. John Richard Shrewsberry, Sr. EVP & CFO (Age 53)
  • Ms. Avid Modjtabai, Sr. EVP of Payments, Virtual Solutions & Innovation (Age 57)
  • Mr. Petros G. Pelos, Sr. Exec. VP of Wholesale Banking (Age 55)
  • Ms. Mary Tabb Mack, Head of Consumer Banking (Age 56)

Who are Wells Fargo & Co's major shareholders?

Wells Fargo & Co's stock is owned by many different of institutional and retail investors. Top institutional investors include USS Investment Management Ltd (0.07%), Retirement Systems of Alabama (0.05%), Gateway Investment Advisers LLC (0.04%), Factory Mutual Insurance Co. (0.04%), Nisa Investment Advisors LLC (0.03%) and Mondrian Investment Partners LTD (0.03%). Company insiders that own Wells Fargo & Co stock include Avid Modjtabai, David M Carroll, Hope A Hardison, John R Shrewsberry, Mary T Mack, Michael J Loughlin, Petros G Pelos, Richard Levy and Ronald Sargent. View Institutional Ownership Trends for Wells Fargo & Co.

Which major investors are selling Wells Fargo & Co stock?

WFC stock was sold by a variety of institutional investors in the last quarter, including Lourd Capital LLC, USS Investment Management Ltd, Factory Mutual Insurance Co., Mondrian Investment Partners LTD, Meeder Asset Management Inc., DNB Asset Management AS, Atalanta Sosnoff Capital LLC and Retirement Systems of Alabama. Company insiders that have sold Wells Fargo & Co company stock in the last year include Avid Modjtabai, Hope A Hardison and Petros G Pelos. View Insider Buying and Selling for Wells Fargo & Co.

Which major investors are buying Wells Fargo & Co stock?

WFC stock was acquired by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., 6 Meridian, Manning & Napier Group LLC, PM CAPITAL Ltd, Centre Asset Management LLC, PGGM Investments, Mercer Global Advisors Inc. ADV and Beese Fulmer Investment Management Inc.. View Insider Buying and Selling for Wells Fargo & Co.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Wells Fargo & Co's stock price today?

One share of WFC stock can currently be purchased for approximately $47.55.

How big of a company is Wells Fargo & Co?

Wells Fargo & Co has a market capitalization of $231.94 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.

What is Wells Fargo & Co's official website?

The official website for Wells Fargo & Co is http://www.wellsfargo.com.

How can I contact Wells Fargo & Co?

Wells Fargo & Co's mailing address is 420 MONTGOMERY STREET, SAN FRANCISCO CA, 94163. The financial services provider can be reached via phone at 866-878-5865 or via email at [email protected]


MarketBeat Community Rating for Wells Fargo & Co (NYSE WFC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  1,188 (Vote Outperform)
Underperform Votes:  1,207 (Vote Underperform)
Total Votes:  2,395
MarketBeat's community ratings are surveys of what our community members think about Wells Fargo & Co and other stocks. Vote "Outperform" if you believe WFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/18/2019 by MarketBeat.com Staff

Featured Article: What is Cost of Debt?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel