Wells Fargo & Co. (NYSE: WFC) Disappoints Wall Street With 0.89% Stock Price Gain

In the last trading session, 19.08 million Wells Fargo & Co. (NYSE:WFC) shares changed hands as the company’s beta touched 1.20. With the company’s per share price at $56.97 changed hands at $0.5 or 0.89% during last session, the market valuation stood at $201.70B. WFC’s last price was a discount, traded about -2.58% off its 52-week high of $58.44. The share price had its 52-week low at $36.40, which suggests the last value was 36.11% up since then. When we look at Wells Fargo & Co.’s average trading volume, we note the 3-month average coming to 18.71 million.

Wells Fargo & Co. (NYSE:WFC) trade information

Instantly WFC was in green as seen at the end of in last trading. With action -1.42%, the performance over the past five days has been red. The jump to weekly highs of 57.99 added 0.89% to the stock’s daily price. The company’s shares are showing year-to-date upside of 15.75%, with the 5-day performance at -1.42% in the red. However, in the 30-day time frame, Wells Fargo & Co. (NYSE:WFC) is -0.70% down.

Wells Fargo & Co. (WFC) estimates and forecasts

Data shows that the Wells Fargo & Co. share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 43.36% over the past 6 months, a -13.81% in annual growth rate that is considerably lower than the industry average of -7.20%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 2.48%. The 2024 estimates are for Wells Fargo & Co. earnings to increase by 2.91%, but the outlook for the next 5-year period is at 6.67% per year.

WFC Dividends

Wells Fargo & Co. is expected to release its next quarterly earnings report in May. The 2.37% annual yield figure for the share gives it an annual dividend of 1.35. It is important to note, however, that the 2.37% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.