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

$48.63
-0.28 (-0.57 %)
(As of 09/22/2019 05:51 AM ET)
Today's Range
$48.6050
Now: $48.63
$49.30
50-Day Range
$43.5043
MA: $46.53
$49.2070
52-Week Range
$43.02
Now: $48.63
$55.81
Volume30.25 million shs
Average Volume18.22 million shs
Market Capitalization$214.27 billion
P/E Ratio11.10
Dividend Yield4.17%
Beta1.09
Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. It operates through three segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The company also engages in the wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing, trust, investment advisory, mortgage-backed securities, and venture capital investment services. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryDiversified Banks
SectorFinance
CUSIP94974610
Phone866-249-3302

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$101.06 billion
Cash Flow$6.0111 per share
Book Value$36.93 per share

Profitability

Net Income$22.39 billion

Miscellaneous

Employees259,000
Outstanding Shares4,406,110,000
Market Cap$214.27 billion
Next Earnings Date10/11/2019 (Estimated)
OptionableOptionable

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Wells Fargo & Co (NYSE:WFC) Frequently Asked Questions

What is Wells Fargo & Co's stock symbol?

Wells Fargo & Co trades on the New York Stock Exchange (NYSE) under the ticker symbol "WFC."

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

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 annualized dividend and a dividend yield of 4.19%. The ex-dividend date of this dividend is Thursday, August 8th. This is a boost from Wells Fargo & Co's previous quarterly dividend of $0.45. View Wells Fargo & Co's Dividend History.

How will Wells Fargo & Co's stock buyback program work?

Wells Fargo & Co announced that its board has authorized a stock buyback 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 reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

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

Wells Fargo & Co (NYSE:WFC) released its quarterly earnings results on Tuesday, July, 16th. The financial services provider reported $1.30 earnings per share (EPS) for the quarter, topping the Zacks' 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%. Wells Fargo & Co's revenue was up .1% on a year-over-year basis. During the same period in the previous year, the company earned $0.98 EPS. View Wells Fargo & Co's Earnings History.

When is Wells Fargo & Co's next earnings date?

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

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

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.

What price target have analysts set for WFC?

21 equities research analysts have issued 12 month price objectives 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 $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.

What is the consensus analysts' recommendation 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.

Has Wells Fargo & Co been receiving favorable news coverage?

Media headlines about WFC stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Wells Fargo & Co earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Wells Fargo & Co.

Are investors shorting Wells Fargo & Co?

Wells Fargo & Co saw a increase in short interest in the month of 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 volume of 19,260,000 shares, the short-interest ratio is currently 1.8 days. Approximately 0.8% of the company's shares are short sold. View Wells Fargo & Co's Current Options Chain.

Who are some of Wells Fargo & Co's key competitors?

What other stocks do shareholders of Wells Fargo & Co own?

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).

Who are Wells Fargo & Co's key executives?

Wells Fargo & Co's management team includes the folowing people:
  • Mr. John Richard Shrewsberry, Sr. EVP & CFO (Age 53)
  • Ms. Avid Modjtabai, Sr. EVP of Payments, Virtual Solutions & Innovation (Age 57)
  • Mr. Petros G. Pelos, Sr. Exec. VP of Wholesale Banking (Age 55)
  • Ms. Mary Tabb Mack, Head of Consumer Banking (Age 56)
  • Mr. C. Allen Parker, Interim CEO, Pres & Director (Age 64)

Who are Wells Fargo & Co's major shareholders?

Wells Fargo & Co's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders 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.

Which institutional investors are selling Wells Fargo & Co stock?

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.

Which institutional investors are buying Wells Fargo & Co stock?

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.

How do I buy shares of 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.

What is Wells Fargo & Co's stock price today?

One share of WFC stock can currently be purchased for approximately $48.63.

How big of a company is Wells Fargo & Co?

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.

What is Wells Fargo & Co's official website?

The official website for Wells Fargo & Co is http://www.wellsfargo.com/.

How can I contact Wells Fargo & Co?

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]


MarketBeat Community Rating for Wells Fargo & Co (NYSE WFC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  1,231 (Vote Outperform)
Underperform Votes:  1,279 (Vote Underperform)
Total Votes:  2,510
MarketBeat's community ratings are surveys of what our community members think about Wells Fargo & Co and other stocks. Vote "Outperform" if you believe WFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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