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Wells Fargo (WFC)
NYSE:WFC
Wells Fargo (WFC) Stock Price & Analysis
11,156 Followers
WFC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$37.56 - $62.55
Previous Close$56.54
Volume27.28M
Average Volume (3M)18.23M
Market Cap
$197.12B
Enterprise Value$495.63B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$296.78B
Price to Earnings (P/E)11.9
Beta0.83
Next Earnings
Oct 11, 2024EPS Estimate
$1.28Last Dividend Ex-Date
May 09, 2024Dividend Yield2.48%
Share Statistics
EPS (TTM)4.74
Shares Outstanding3,486,315,358
10 Day Avg. Volume20,309,709
30 Day Avg. Volume18,232,911
Standard Deviation0.10
R-Squared0.39
Alpha-0.00214
Financial Highlights & Ratios
Price to Book (P/B)1.57
Price to Sales (P/S)9.89
Price to Cash Flow (P/CF)-4.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.99
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$63.56Price Target Upside10.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Wells Fargo News
Bulls Say, Bears Say
Bulls Say
Earnings GrowthSignificant non-interest rate driven earnings optionality should drive EPS growth and lead to management’s 15%+ ROTCE target.
Share BuybacksA continued increase in share buybacks will benefit EPS.
Stock ValuationStock attractively valued at 10.3x 2025 P/E and 1.3x YE25e TBV/share.
Bears Say
Expense ManagementExpenses up 5% YoY due to higher operating losses and personnel expense, and a US$284mn FDIC special assessment.
Financial PerformanceWells Fargo shares sold-off, -6% vs bank index flat, due to 2Q24 net interest income missing expectations.
Regulatory RisksWells Fargo continues to be under a US$1.95tn asset cap imposed by the Federal Reserve.
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Ownership Overview
15.10% Insiders
30.40% Mutual Funds
17.70% Other Institutional Investors
36.80% Public Companies and Individual Investors
Risk Analysis
Sorry, No Data AvailableWe provide Risk Factor analysis for U.S. stocks that have been publicly traded for at least a year.
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Website Traffic
The estimated number of people who visited one or more of the websites owned by Wells Fargo
Desktop Users
Mobile Users
WFC FAQ
What was Wells Fargo’s price range in the past 12 months?
Wells Fargo lowest stock price was $37.56 and its highest was $62.55 in the past 12 months.
What is Wells Fargo’s market cap?
Currently, no data Available
When is Wells Fargo’s upcoming earnings report date?
Wells Fargo’s upcoming earnings report date is Oct 11, 2024 which is in 82 days.
How were Wells Fargo’s earnings last quarter?
Wells Fargo released its earnings results on Jul 12, 2024. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $1.289 by $0.041.
Is Wells Fargo overvalued?
According to Wall Street analysts Wells Fargo’s price is currently Undervalued.
Does Wells Fargo pay dividends?
Wells Fargo pays a Quarterly dividend of $0.35 which represents an annual dividend yield of 2.48%. See more information on Wells Fargo dividends here
What is Wells Fargo’s EPS estimate?
Wells Fargo’s EPS estimate is $1.28.
How many shares outstanding does Wells Fargo have?
Wells Fargo has 3,486,315,400 shares outstanding.
What happened to Wells Fargo’s price movement after its last earnings report?
Wells Fargo reported an EPS of $1.33 in its last earnings report, beating expectations of $1.289. Following the earnings report the stock price went down -6.017%.
Which hedge fund is a major shareholder of Wells Fargo?
Among the largest hedge funds holding Wells Fargo’s share is Dodge & Cox. It holds Wells Fargo’s shares valued at 7B.
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Wells Fargo Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$63.56 (10.10% Upside)
$63.56 (10.10% Upside)
Blogger Sentiment
Bullish
WFC Sentiment 92%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 16.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Bullish
Bullish news 64%
Bearish news 36%
Bearish news 36%
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.59%
12-Months-Change
Fundamentals
Return on Equity
10.51%
Trailing 12-Months
Asset Growth
3.40%
Trailing 12-Months
Company Description
Wells Fargo
Founded in 1852, California-based Wells Fargo & Co. is a diversified financial services company, which is engaged in banking, insurance, investments, mortgage, and consumer and commercial finance. It operates through the following segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management.
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WFC Company Deck
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WFC Earnings Call
Q2 2024
0:00 / 0:00
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WFC Revenue Breakdown
63.41% Net interest income
36.59% Non-interest income
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WFC Stock 12 Month Forecast
Average Price Target
$63.56
▲(10.10% Upside)
Technical Analysis
Best Analysts Covering WFC
1 Year
1 Year Success Rate
15/21 ratings generated profit
1 Year Average Return
+15.21%
reiterated a buy rating last month
Copying Betsy Graseck's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +15.21% per trade.
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