NYSE:WFCWells Fargo & Co Stock Price, Forecast & News

Wells Fargo & Co's stock was trading at $32.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, WFC stock has decreased by 18.9% and is now trading at $26.23. 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) issued its quarterly earnings data on Tuesday, January, 14th. The financial services provider reported $0.93 EPS for the quarter, missing the consensus estimate of $1.10 by $0.17. The financial services provider earned $19.86 billion during the quarter, compared to analysts' expectations of $20.11 billion. Wells Fargo & Co had a return on equity of 12.11% and a net margin of 18.81%. The company's revenue for the quarter was down 5.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.21 EPS. View Wells Fargo & Co's earnings history.

Wells Fargo & Co announced a quarterly dividend on Tuesday, January 28th. Stockholders of record on Friday, February 7th will be paid a dividend of $0.51 per share on Sunday, March 1st. This represents a $2.04 annualized dividend and a yield of 7.78%. The ex-dividend date of this dividend is Thursday, February 6th. View Wells Fargo & Co's dividend history.

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

23 analysts have issued 12 month 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 share price to reach $46.33 in the next twelve months. This suggests a possible upside of 76.6% from the stock's current price. View analysts' price targets for Wells Fargo & Co.

Media headlines about WFC stock have trended very negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wells Fargo & Co earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutWells Fargo & Co.

Wells Fargo & Co saw a increase in short interest during the month of 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 trading volume of 23,760,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.3% of the shares of the stock are short sold. 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), PNC Financial Services Group (PNC), Truist Financial (TFC), UBS Group (UBS), DBS GRP HOLDING/S (DBSDY), SunTrust Banks (STI), China Minsheng Banking (CMAKY), Mizuho Financial Group (MFG), Intesa Sanpaolo (ISNPY), National Australia Bank (NABZY) and Capital One Financial (COF).

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 institutional and retail 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%), IMS Capital Management (0.00%) and Shakespeare Wealth Management Inc. (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 Nexus Investment Management Inc., Park National Corp OH, M&R Capital Management Inc., First Financial Bank Trust Division, Neville Rodie & Shaw Inc., Lenox Wealth Advisors LLC, and Woodstock Corp. View insider buying and selling activity for Wells Fargo & Co.

WFC stock was purchased by a variety of institutional investors in the last quarter, including IMS Capital Management, Nelson Van Denburg & Campbell Wealth Management Group LLC, Shakespeare Wealth Management Inc., and Fulton Bank N.A.. 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 $26.23.

Wells Fargo & Co has a market capitalization of $107.26 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]