Wells Fargo Stock Today
WFC Stock | USD 57.77 0.26 0.45% |
Performance13 of 100
| Odds Of DistressLess than 5
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Wells Fargo is trading at 57.77 as of the 19th of March 2024, a 0.45% increase since the beginning of the trading day. The stock's open price was 57.51. Wells Fargo has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for Wells Fargo are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain Banks | IPO Date 1st of June 1972 | Category Financial Services | Classification Financials |
Wells Fargo Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. Wells Fargo Company was founded in 1852 and is headquartered in San Francisco, California. The company has 3.58 B outstanding shares of which 35.23 M shares are at this time shorted by investors with about 1.81 days to cover. More on Wells Fargo
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Wells Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wells Fargo's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wells Fargo or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Wells Fargo's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Wells Fargo's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
CEO | Charles Scharf | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Ideas | Showing 3 out of 5 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Name | Wells Fargo & Company | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Diversified Banks, Banks - Diversified, Financial Services, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, KBW Bank, NYSE US 100, ARCA Institutional, ARCA Major Markets, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Dividend Beast, Baby Boomer Prospects, Macroaxis Picks, FinTech, Momentum, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Wells Fargo report their recommendations after researching Wells Fargo's financial statements, talking to executives and customers, or listening in on Wells Fargo's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Wells Fargo. The Wells consensus assessment is calculated by taking the average forecast from all of the analysts covering Wells Fargo. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the analysis of Wells Fargo's profitability, liquidity, and operating efficiency, Wells Fargo may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Wells Fargo is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Wells Fargo's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Wells Fargo's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Wells Fargo's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Wells Fargo's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wells Fargo's financial leverage. It provides some insight into what part of Wells Fargo's total assets is financed by creditors.
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Wells Fargo (WFC) is traded on New York Stock Exchange in USA. It is located in 420 Montgomery Street, San Francisco, CA, United States, 94104 and employs 226,000 people. Wells Fargo is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 205.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wells Fargo's market, we take the total number of its shares issued and multiply it by Wells Fargo's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Wells Fargo runs under Banks sector within Financials industry. The entity has 3.58 B outstanding shares of which 35.23 M shares are at this time shorted by investors with about 1.81 days to cover.
Wells Fargo has about 358.38 B in cash with 40.36 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 94.05.
Check Wells Fargo Probability Of Bankruptcy
Ownership AllocationWells Fargo retains a total of 3.58 Billion outstanding shares. The majority of Wells Fargo outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Wells Fargo to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Wells Fargo. Please pay attention to any change in the institutional holdings of Wells Fargo as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Wells Ownership Details
Wells Stock Price Odds Analysis
What are Wells Fargo's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Wells Fargo jumping above the current price in 90 days from now is roughly 2.52%. The Wells Fargo probability density function shows the probability of Wells Fargo stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.2089. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Wells Fargo will likely underperform. Additionally, the company has an alpha of 0.1815, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Wells Fargo to move above the current price in 90 days from now is roughly 2.52 (This Wells Fargo probability density function shows the probability of Wells Stock to fall within a particular range of prices over 90 days) .
Wells Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Wells Fargo that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Wells Fargo's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Wells Fargo's value.Instituion | Recorded On | Shares | |
Primecap Management Company | 2023-12-31 | 42.8 M | |
Morgan Stanley - Brokerage Accounts | 2023-12-31 | 39.9 M | |
Amvescap Plc. | 2023-12-31 | 39.8 M | |
Ameriprise Financial Inc | 2023-12-31 | 39.4 M | |
Northern Trust Corp | 2023-12-31 | 35.4 M | |
Arrowstreet Capital Limited Partnership | 2023-12-31 | 31.4 M | |
Nuveen Asset Management, Llc | 2023-12-31 | 30.3 M | |
Davis Selected Advisers | 2023-12-31 | 29.4 M | |
Goldman Sachs Group Inc | 2023-12-31 | 27.5 M | |
Vanguard Group Inc | 2023-12-31 | 321.7 M | |
Blackrock Inc | 2023-12-31 | 261.3 M |
Wells Fargo Historical Income Statement
Wells Fargo Income Statement is one of the three primary financial statements used for reporting Wells's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Wells Fargo revenue and expense. Wells Fargo Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Wells Fargo's Other Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 58.3 B, whereas Operating Income is forecasted to decline to about 17.1 B. View More FundamentalsWells Stock Against Markets
Picking the right benchmark for Wells Fargo stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Wells Fargo stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Wells Fargo is critical whether you are bullish or bearish towards Wells Fargo at a given time. Please also check how Wells Fargo's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Wells Fargo without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Wells Fargo Corporate Directors
Wells Fargo corporate directors refer to members of a Wells Fargo board of directors. The board of directors generally takes responsibility for the Wells Fargo's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Wells Fargo's board members must vote for the resolution. The Wells Fargo board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Susan Swenson | Independent Director | Profile | |
Donald James | Independent Director | Profile | |
Stephen Sanger | Lead Independent Director | Profile | |
Enrique Hernandez | Independent Director | Profile |
How to buy Wells Stock?
Before investing in Wells Fargo, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Wells Fargo. To buy Wells Fargo stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wells Fargo. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Wells Fargo stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Wells Fargo stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Wells Fargo stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Wells Fargo, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Wells Stock please use our How to Invest in Wells Fargo guide.
Already Invested in Wells Fargo?
The danger of trading Wells Fargo is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wells Fargo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wells Fargo. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wells Fargo is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wells Fargo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wells Fargo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wells Fargo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wells Fargo Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.Note that the Wells Fargo information on this page should be used as a complementary analysis to other Wells Fargo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Wells Stock analysis
When running Wells Fargo's price analysis, check to measure Wells Fargo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wells Fargo is operating at the current time. Most of Wells Fargo's value examination focuses on studying past and present price action to predict the probability of Wells Fargo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wells Fargo's price. Additionally, you may evaluate how the addition of Wells Fargo to your portfolios can decrease your overall portfolio volatility.
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Is Wells Fargo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wells Fargo. If investors know Wells will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wells Fargo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.15 | Dividend Share 1.3 | Earnings Share 4.83 | Revenue Per Share 20.931 | Quarterly Revenue Growth 0.006 |
The market value of Wells Fargo is measured differently than its book value, which is the value of Wells that is recorded on the company's balance sheet. Investors also form their own opinion of Wells Fargo's value that differs from its market value or its book value, called intrinsic value, which is Wells Fargo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wells Fargo's market value can be influenced by many factors that don't directly affect Wells Fargo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.