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

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. Shareholders 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 annualized dividend and a yield of 4.60%. The ex-dividend date of this dividend is Thursday, August 8th. This is an increase 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 of Directors has initiated a share buyback program 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its stock is undervalued.

Wells Fargo & Co (NYSE:WFC) released its quarterly earnings data on Tuesday, July, 16th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.16 by $0.14. The financial services provider earned $21.58 billion during the quarter, compared to the consensus estimate of $20.95 billion. Wells Fargo & Co had a return on equity of 13.74% and a net margin of 23.26%. The company's revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.98 earnings per share. 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 analysts have issued 12-month target prices for Wells Fargo & Co's shares. Their predictions range from $42.00 to $63.00. On average, they expect Wells Fargo & Co's stock price to reach $51.2988 in the next year. This suggests a possible upside of 15.6% 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, 12 hold ratings and 6 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 trended negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 -2.3 on InfoTrie's scale. They also assigned press coverage 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 company's share price in the next few days. View News Stories for Wells Fargo & Co.

Wells Fargo & Co saw a increase in short interest in July. As of July 31st, there was short interest totalling 35,245,000 shares, an increase of 28.8% from the June 30th total of 27,370,700 shares. Based on an average trading volume of 19,260,000 shares, the short-interest ratio is currently 1.8 days. Currently, 0.8% of the company's 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), 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), Mizuho Financial Group (MFG), Intesa Sanpaolo (ISNPY), BB&T (BBT), 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), AT&T (T), Intel (INTC), Citigroup (C), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Exxon Mobil (XOM) and Verizon Communications (VZ).

Wells Fargo & Co's stock is owned by a variety of 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. Company insiders that have sold Wells Fargo & Co company stock in the last year include Avid Modjtabai and Petros G Pelos. 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, Scottrade, Fidelity and Charles Schwab.

One share of WFC stock can currently be purchased for approximately $44.39.

Wells Fargo & Co has a market capitalization of $195.59 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]