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S&P 500   4,282.37
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MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
“One-Stock Millionaire” IGNORES 99.9% of the Market (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
NYSE:WFC

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

$41.24
+1.18 (+2.95%)
(As of 06/2/2023 ET)
Compare
Today's Range
$40.38
$41.55
50-Day Range
$36.72
$42.24
52-Week Range
$35.25
$48.84
Volume
16.91 million shs
Average Volume
20.72 million shs
Market Capitalization
$154.74 billion
P/E Ratio
11.82
Dividend Yield
2.91%
Price Target
$49.45

Wells Fargo & Company MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
19.9% Upside
$49.45 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
0.19mentions of Wells Fargo & Company in the last 14 days
Based on 24 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.

2.98 out of 5 stars

Finance Sector

118th out of 873 stocks

National Commercial Banks Industry

19th out of 84 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
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
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
6/03/2023
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
$49.45
High Stock Price Forecast
$63.00
Low Stock Price Forecast
$42.00
Forecasted Upside/Downside
+19.9%
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
$5.40 per share
Book Value
$43.65 per share

Miscellaneous

Outstanding Shares
3,752,220,000
Free Float
3,749,596,000
Market Cap
$154.74 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 research analysts have issued "buy," "hold," and "sell" ratings for Wells Fargo & Company in the last year. There are currently 6 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 brokers have issued twelve-month target prices for Wells Fargo & Company's shares. Their WFC share price forecasts range from $42.00 to $63.00. On average, they predict the company's stock price to reach $49.45 in the next twelve months. This suggests a possible upside of 19.9% 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 at the start of the year. Since then, WFC stock has decreased by 0.1% and is now trading at $41.24.
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) issued its quarterly earnings results on Friday, April, 14th. The financial services provider reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $1.15 by $0.08. The financial services provider had revenue of $20.73 billion for the quarter, compared to the consensus estimate 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 firm's revenue was up 16.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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 declared a quarterly dividend on Tuesday, April 25th. Shareholders of record on Friday, May 5th will be given a dividend of $0.30 per share on Thursday, June 1st. This represents a $1.20 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date of this dividend 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 3.00%. 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 a variety of 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 $41.24.

How much money does Wells Fargo & Company make?

Wells Fargo & Company (NYSE:WFC) has a market capitalization of $154.74 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 6/3/2023 by MarketBeat.com Staff

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