Wells Fargo & Company is a diversified bank company located in California, United States, which is part of the Financial Services sector, and is traded under the ticker WFC on the NYSE exchange.
Wells Fargo & Company stock last closed at $61.08, up 0.03% from the previous day, and has increased 50.96% in one year. It has overperformed other stocks in the Banks - Diversified industry by 0.24 percentage points. Wells Fargo & Company stock is currently +59.12% from its 52-week low of $38.39, and -2.35% from its 52-week high of $62.55.
As of May 17, 2024, there are 3.49B shares of WFC outstanding. The market capitalization of WFC is $212.94B. In the last 24 hours, 15.55M WFC shares were traded.
How to Buy Wells Fargo & Company Stock
Not sure how to invest in Wells Fargo & Company stock? Here's how.
Choose where to buy Wells Fargo & Company stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Wells Fargo & Company stock.
Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
Deposit funds into your investment account: Pick your payment method and add your info.
Research Wells Fargo & Company stock: The Wells Fargo & Company ticker symbol is WFC. Is Wells Fargo & Company stock a good investment? Should you buy shares of WFC? How do WFC's underlying business fundamentals look? Do top analysts think Wells Fargo & Company is a good buy? Why has WFC's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if WFC is a good stock to buy).
Make your WFC buy order: Decide if you will purchase WFC shares at the current market price or use a limit order to purchase WFC shares at a given price.
Keep tabs on your WFC investment: Create a watchlist to important updates regarding your position in Wells Fargo & Company shares.
Step 1: Choose where to buy Wells Fargo & Company stock
You will need a brokerage account in order to access the NYSE market and buy WFC shares.
A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Create a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal information so you are able to buy WFC stock today.
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Step 4: Research Wells Fargo & Company stock
Once you have selected the best place to buy Wells Fargo & Company stock, it's important to analyze their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
Wells Fargo & Company stock at a glance
WFC Price
$61.08
1w %
-1.31%
1y %
50.96%
5y %
33.65%
P/E
12.59x
P/B
1.18x
P/S
2.63x
PEG
0.59x
Revenue
$82.73B
Earnings
$17.58B
Fore. Rev. Growth
0.66%
Fore. Earn. Growth
23.77%
Market Cap
$212.94B
Next Earnings
Jun 17, 2024
Next Dividend
Jun 1, 2024
WFC Fundamentals
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on WFC's stock page.
Is WFC stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge WFC's fair value.
Using relative valuations metrics:
WFC may be undervalued based on its P/E ratio of 12.59x, relative to Banks - Diversified industry P/E ratio of 13.12x
WFC may be overvalued based on its P/B ratio of 1.18x, relative to Banks - Diversified industry P/B ratio of 1.14x
WFC may be undervalued based on its PEG ratio of 0.59x
WFC earnings of $21.38B is not enough to cover its interest payments.
WFC profit margin has gone up from 17.8% to 21.3% in the past year.
Cons:
WFC's operating cash flow of $20.83B allows it to safely service it's debt of $296.78B.
WFC has a relatively high debt to equity ratio of 9.82.
Total WFC debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy WFC stock
Out of 15 Wall Street analysts who monitor WFC, the consensus analyst rating on Wells Fargo & Company is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Most Recent WFC Analyst Ratings
Richard Ramsden, a top 18% analyst from Goldman Sachs maintains WFC with a strong buy rating and raises their WFC price target from $57.00 to $65.00, on Apr 1, 2024.
John Pancari, a bottom 19% analyst from Evercore ISI Group maintains WFC with a buy rating and raises their WFC price target from $58.00 to $67.00, on Mar 28, 2024.
Saul Martinez, a top 22% analyst from HSBC maintains WFC with a hold rating and raises their WFC price target from $55.00 to $60.00, on Mar 28, 2024.
Keith Horowitz, a top 6% analyst from Citigroup downgrades WFC to a hold rating and raises their WFC price target from $57.00 to $63.00, on Mar 20, 2024.
Dick Bove, a bottom 7% analyst from Odeon Capital downgrades WFC to a hold rating and announces their WFC price target of $48.80, on Jan 18, 2024.
Last year, WFC earnings were $17.58B. In the past five year, WFC's earnings have increased by 1.29% per year. This was slower than the Banks - Diversified industry average of 6.25%.
Last year, WFC revenue was $82.73B. In the last five year, WFC's revenue has increased by -0.64% per year. This was slower than the Banks - Diversified industry average of 3.41%.
Wells Fargo & Company pays a dividend of 2.29%, compared to the Banks - Diversified industry's average dividend yield of 4.42%. If you owned $1,000 of WFC stock, you would have been paid $22.92 last year.
Wells Fargo & Company dividend payments have not consistently grown over the past decade and have not remained stable.
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Step 5: Make your WFC buy order
There are two main types of orders:
Market order: A market order is an order to buy or sell a security at the best available price. Market orders are usually the best for newer investors.
Limit order: A limit order is an order to buy or sell a security at a specific price (or better). If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you need additional assistance buying stocks on eToro, click the helpful video below:
How much does it cost to buy one Wells Fargo & Company share?
As of May 17, 2024, it costs $61.08 to buy one share of Wells Fargo & Company stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.164 shares of WFC.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.