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 declared a quarterly dividend on Tuesday, July 23rd. Investors of record on Friday, August 9th will be given a dividend of $0.51 per share on Sunday, September 1st. This represents a $2.04 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date is Thursday, August 8th. This is a positive change 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 authorized a share repurchase plan on Tuesday, July 23rd 2019, which permits the company to repurchase 350,000,000 shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its stock is undervalued.

Wells Fargo & Co (NYSE:WFC) announced its quarterly earnings data on Tuesday, July, 16th. The financial services provider reported $1.30 EPS for the quarter, beating the consensus estimate of $1.16 by $0.14. The financial services provider had revenue of $21.58 billion for the quarter, compared to analyst estimates of $20.95 billion. Wells Fargo & Co had a return on equity of 13.74% and a net margin of 23.26%. The firm's quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.98 EPS. View Wells Fargo & Co's Earnings History.

Wells Fargo & Co is scheduled to release their next quarterly earnings announcement on Friday, October 11th 2019. View Earnings Estimates for Wells Fargo & Co.

Wells Fargo & Co will be holding an earnings conference call on Tuesday, October 15th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

21 brokerages have issued 12 month price objectives for Wells Fargo & Co's stock. Their forecasts range from $42.00 to $63.00. On average, they anticipate Wells Fargo & Co's stock price to reach $50.8933 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. 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, 14 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Wells Fargo & Co.

News articles about WFC stock have been trending negative on Saturday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Wells Fargo & Co earned a coverage optimism score of -2.9 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Wells Fargo & Co.

Wells Fargo & Co saw a increase in short interest in August. As of August 15th, there was short interest totalling 35,245,000 shares, an increase of 28.8% from the July 15th total of 27,370,700 shares. Based on an average daily trading volume, of 19,260,000 shares, the short-interest ratio is presently 1.8 days. Approximately 0.8% 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), Capital One Financial (COF), UBS Group (UBS), Intesa Sanpaolo (ISNPY), 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), Intel (INTC), AT&T (T), Citigroup (C), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Exxon Mobil (XOM) and Verizon Communications (VZ).

Wells Fargo & Co's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.36%), Daily Journal Corp (3.54%), Northern Trust Corp (1.17%), Primecap Management Co. CA (1.15%), Barrow Hanley Mewhinney & Strauss LLC (0.66%) and Davis Selected Advisers (0.63%). 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 Magellan Asset Management Ltd, APG Asset Management N.V., Vontobel Asset Management Inc., Quest Capital Management Inc. ADV, Mawer Investment Management Ltd., California Public Employees Retirement System, Janus Henderson Group PLC and Janus Henderson Group PLC. View Insider Buying and Selling for Wells Fargo & Co.

WFC stock was bought by a variety of institutional investors in the last quarter, including Daily Journal Corp, Nuveen Asset Management LLC, AQR Capital Management LLC, Longview Partners Guernsey LTD, Primecap Management Co. CA, LLBH Private Wealth Management LLC, Pzena Investment Management LLC and Prudential Financial Inc.. 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 $48.63.

Wells Fargo & Co has a market capitalization of $214.27 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]