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S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
The single greatest medical breakthrough of all time? (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
The single greatest medical breakthrough of all time? (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
The single greatest medical breakthrough of all time? (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
The single greatest medical breakthrough of all time? (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
S&P 500   4,293.93
DOW   33,833.61
QQQ   353.15
High Dividend REITs: Are They an Ideal Way to Diversify?
Wall Street Veteran: "A New Wave of Crashes Will Rock US Stocks" (Ad)
Stock market today: Asian shares mostly rise, lifted by bull market on Wall Street
2 Dow Stocks Trading Less Than 10x Earnings are Blue Chip Values
The single greatest medical breakthrough of all time? (Ad)
Boost for homebuyers: Average long-term US mortgage rate eases from 7-month high to 6.71% this week
6 Best Online and Direct Marketing Retail Stocks to Invest in
The single greatest medical breakthrough of all time? (Ad)
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
The S&P 500 is in a bull market. Here's what that means and how long the bull might run
NYSE:WFC

Wells Fargo & Company (WFC) Stock Forecast, Price & News

$42.37
+0.30 (+0.71%)
(As of 06/8/2023 ET)
Compare
Today's Range
$41.56
$42.40
50-Day Range
$36.72
$42.37
52-Week Range
$35.25
$48.84
Volume
17.14 million shs
Average Volume
23.29 million shs
Market Capitalization
$158.98 billion
P/E Ratio
12.14
Dividend Yield
2.83%
Price Target
$48.97

Wells Fargo & Company MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
15.6% Upside
$48.97 Price Target
Short Interest
Healthy
0.91% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.35
Upright™ Environmental Score
News Sentiment
0.65mentions of Wells Fargo & Company in the last 14 days
Based on 12 Articles This Week
Insider Trading
Acquiring Shares
$1,451 Bought Last Quarter
Proj. Earnings Growth
-0.84%
From $4.79 to $4.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.01 out of 5 stars

Finance Sector

94th out of 857 stocks

National Commercial Banks Industry

16th out of 85 stocks


WFC stock logo

About Wells Fargo & Company (NYSE:WFC) Stock

Wells 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 com

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WFC Stock News Headlines

3 Large Banks Presenting Value Opportunities After Sector Selloff (WFC)
Regional bank failures impacted the broad financials sector, but large-caps Bank of America, Wells Fargo, and U.S. Bancorp are showing value opportunities.
Wells Fargo agrees to pay $1 billion to settle shareholders' class-action lawsuit
Wells Fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
See More Headlines

WFC Price History

WFC Company Calendar

Last Earnings
4/14/2023
Ex-Dividend for 6/1 Dividend
5/04/2023
Dividend Payable
6/01/2023
Today
6/08/2023
Next Earnings (Confirmed)
7/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Diversified Banks
Sector
Finance
CUSIP
94974610
Employees
238,000
Year Founded
1852

Price Target and Rating

Average Stock Price Forecast
$48.97
High Stock Price Forecast
$63.00
Low Stock Price Forecast
$42.00
Forecasted Upside/Downside
+16.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
15 Analysts

Profitability

Net Income
$13.18 billion
Pretax Margin
17.74%

Debt

Sales & Book Value

Annual Sales
$82.86 billion
Cash Flow
$5.39 per share
Book Value
$42.63 per share

Miscellaneous

Outstanding Shares
3,752,220,000
Free Float
3,749,596,000
Market Cap
$158.98 billion
Optionable
Optionable
Beta
1.12

Social Links


Key Executives

  • Charlie ScharfCharlie Scharf
    President, Chief Executive Officer & Director
  • Scott E. PowellScott E. Powell
    Chief Operating Officer & Senior Executive VP
  • Michael P. SantomassimoMichael P. Santomassimo
    Chief Financial Officer & Senior Executive VP
  • Tracy Kerrins
    Head-Technology
  • Paula Dominick
    Chief Compliance Officer













WFC Stock - Frequently Asked Questions

Should I buy or sell Wells Fargo & Company stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Company in the last twelve months. There are currently 6 hold ratings, 8 buy ratings and 1 strong buy rating 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?

15 brokerages have issued twelve-month target prices for Wells Fargo & Company's stock. Their WFC share price forecasts range from $42.00 to $63.00. On average, they anticipate the company's stock price to reach $48.97 in the next year. This suggests a possible upside of 15.6% 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 stock has increased by 2.6% and is now trading at $42.37.
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 Friday, July 14th 2023.
View our WFC earnings forecast
.

How can I listen to Wells Fargo & Company's earnings call?

Wells Fargo & Company will be holding an earnings conference call on Friday, July 14th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Wells Fargo & Company (NYSE:WFC) posted its quarterly earnings results on Friday, April, 14th. The financial services provider reported $1.23 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.08. The financial services provider earned $20.73 billion during the quarter, compared to analysts' expectations of $20.06 billion. Wells Fargo & Company had a net margin of 15.93% and a trailing twelve-month return on equity of 10.07%. The business's revenue was up 16.9% on a year-over-year basis. During the same quarter last year, the business earned $0.88 earnings per share.
Read the conference call transcript
.

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

Wells Fargo & Company announced a quarterly dividend on Tuesday, April 25th. Investors of record on Friday, May 5th will be paid a dividend of $0.30 per share on Thursday, June 1st. This represents a $1.20 annualized dividend and a yield of 2.83%. The ex-dividend date is Thursday, May 4th.
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 2.91%. 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 34.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WFC will have a dividend payout ratio of 25.26% 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 many different institutional and retail investors. Top institutional shareholders include Dodge & Cox (3.21%), Price T Rowe Associates Inc. MD (2.35%), Geode Capital Management LLC (1.83%), Bank of New York Mellon Corp (0.83%), Davis Selected Advisers (0.81%) and Sanders Capital LLC (0.63%). Insiders that own company stock include Beurden Saul Van, Felicia F Norwood 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 $42.37.

How much money does Wells Fargo & Company make?

Wells Fargo & Company (NYSE:WFC) has a market capitalization of $158.98 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 $3.49 on an earnings per share basis.

How many employees does Wells Fargo & Company have?

The company employs 238,000 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 6/9/2023 by MarketBeat.com Staff

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