During the last session, Wells Fargo & Co. (NYSE:WFC)’s traded shares were 23.99 million, with the beta value of the company hitting 1.18. At the end of the trading day, the stock’s price was $59.93, reflecting an intraday loss of -1.11% or -$0.67. The 52-week high for the WFC share is $61.76, that puts it down -3.05 from that peak though still a striking 39.26% gain since the share price plummeted to a 52-week low of $36.40. The company’s market capitalization is $212.18B, and the average trade volume was 19.15 million shares over the past three months.
Wells Fargo & Co. (NYSE:WFC) trade information
Wells Fargo & Co. (WFC) registered a -1.11% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.11% in intraday trading to $59.93, hitting a weekly high. The stock’s 5-day price performance is 2.03%, and it has moved by 5.73% in 30 days. Based on these gigs, the overall price performance for the year is 47.79%.
Wells Fargo & Co. (WFC) estimates and forecasts
Statistics show that Wells Fargo & Co. has underperformed its competitors in share price, compared to the industry in which it operates. Wells Fargo & Co. (WFC) shares have gone up 52.57% during the last six months, with a year-to-date growth rate less than the industry average at -7.92% against -5.70. In the rating firms’ projections, revenue will decrease -7.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 18.88B as predicted by 17 analyst(s). Meanwhile, a consensus of 17 analyst(s) estimates revenue growth to 18.87B by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 2.48%. While earnings are projected to return 3.36% in 2024, the next five years will return 6.67% per annum.
WFC Dividends
Wells Fargo & Co. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Wells Fargo & Co. is 1.35, with the dividend yield indicating at 2.25 percent, continuing the trend of increasing dividends in recent years.
