In the last trading session, 21.37 million shares of the Wells Fargo & Co. (NYSE:WFC) were traded, and its beta was 1.16. Most recently the company’s share price was $61.10, and it changed around $0.75 or 1.24% from the last close, which brings the market valuation of the company to $216.32B. WFC currently trades at a discount to its 52-week high of $60.85, offering almost 0.41% off that amount. The share price’s 52-week low was $36.40, which indicates that the current value has risen by an impressive 40.43% since then. We note from Wells Fargo & Co.’s average daily trading volume that its 3-month average coming to 18.99 million.
Wells Fargo & Co. stock received a consensus recommendation rating of Hold, based on a mean score of 2.17. If we narrow it down even further, the data shows that 4 out of 31 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 15 recommended WFC as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. Wells Fargo & Co. is expected to report earnings per share of $Wells Fargo & Company for the current quarter.
Wells Fargo & Co. (NYSE:WFC) trade information
Instantly WFC has showed a green trend with a performance of 1.24% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 24.14% year-to-date, but still up 7.25% over the last five days. On the other hand, Wells Fargo & Co. (NYSE:WFC) is 5.62% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $57.41, which translates to bulls needing to decrease their stock price by -6.43% from its current value. Analyst projections state that WFC is forecast to be at a low of $47 and a high of $70.
Wells Fargo & Co. (WFC) estimates and forecasts
Wells Fargo & Co. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 48.37 percent over the past six months and at a -7.92% annual growth rate that is well below the industry average of -5.60%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 2.48%. Wells Fargo & Co. earnings are expected to increase by 3.47% in 2024, but the outlook is positive 6.67% per year for the next five years.
WFC Dividends
Wells Fargo & Co.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 2.21 percent and its annual dividend per share was 1.35. It is important to note, however, that the 2.21% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
