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

Wells Fargo & Co's stock was trading at $32.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WFC shares have decreased by 15.8% and is now trading at $27.22. View which stocks have been mosted impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Co in the last year. There are currently 4 sell ratings, 18 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Wells Fargo & Co.

Wells Fargo & Co is scheduled to release its next quarterly earnings announcement on Tuesday, April 14th 2020. View our earnings forecast for Wells Fargo & Co.

Wells Fargo & Co will be holding an earnings conference call on Tuesday, April 14th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Wells Fargo & Co (NYSE:WFC) announced its earnings results on Tuesday, January, 14th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.10 by $0.17. The financial services provider had revenue of $19.86 billion for the quarter, compared to analyst estimates of $20.11 billion. Wells Fargo & Co had a net margin of 18.81% and a return on equity of 12.11%. The firm's revenue was down 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.21 earnings per share. View Wells Fargo & Co's earnings history.

Wells Fargo & Co declared a quarterly dividend on Tuesday, January 28th. Shareholders of record on Friday, February 7th will be given a dividend of $0.51 per share on Sunday, March 1st. This represents a $2.04 dividend on an annualized basis and a yield of 7.49%. The ex-dividend date is Thursday, February 6th. View Wells Fargo & Co's dividend history.

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

23 brokers have issued 1-year price targets for Wells Fargo & Co's shares. Their forecasts range from $26.00 to $60.00. On average, they anticipate Wells Fargo & Co's stock price to reach $46.33 in the next year. This suggests a possible upside of 70.2% from the stock's current price. View analysts' price targets for Wells Fargo & Co.

Headlines about WFC stock have trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Wells Fargo & Co earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutWells Fargo & Co.

Wells Fargo & Co saw a increase in short interest in March. As of March 13th, there was short interest totaling 53,958,300 shares, an increase of 24.3% from the February 27th total of 43,400,000 shares. Based on an average daily volume of 23,760,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.3% of the company's stock 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), Industrial & Cmrcl Bnk f China (IDCBY), Bank of America (BAC), Citigroup (C), U.S. Bancorp (USB), Truist Financial (TFC), PNC Financial Services Group (PNC), UBS Group (UBS), DBS GRP HOLDING/S (DBSDY), SunTrust Banks (STI), Mizuho Financial Group (MFG), National Australia Bank (NABZY), Intesa Sanpaolo (ISNPY), Capital One Financial (COF) and Standard Chartered (SCBFF).

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

Wells Fargo & Co's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%), Neville Rodie & Shaw Inc. (0.00%), M&R Capital Management Inc. (0.00%), First Financial Bank Trust Division (0.00%), Shakespeare Wealth Management Inc. (0.00%) and Park National Corp OH (0.00%). Company insiders that own Wells Fargo & Co stock include Avid Modjtabai, Charles H Noski, Charles W Scharf, Hope A Hardison and Petros G Pelos. View institutional ownership trends for Wells Fargo & Co.

WFC stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH, M&R Capital Management Inc., First Financial Bank Trust Division, and Neville Rodie & Shaw Inc.. View insider buying and selling activity for Wells Fargo & Co.

WFC stock was bought by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC, and Shakespeare Wealth Management Inc.. Company insiders that have bought Wells Fargo & Co stock in the last two years include Charles H Noski, and Charles W Scharf. View insider buying and selling activity 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 $27.22.

Wells Fargo & Co has a market capitalization of $111.31 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 260,000 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, 94104. The financial services provider can be reached via phone at 866-249-3302 or via email at [email protected]