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How to Buy Wells Fargo & Company Stock

Wells Fargo & Company

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 $37.38, up 0% from the previous day, and has decreased 22.86% in one year. It has underperformed other stocks in the Banks - Diversified industry by 0.04 percentage points. Wells Fargo & Company stock is currently +6.04% from its 52-week low of $35.25, and -25.52% from its 52-week high of $50.19.

As of Mar 31, 2023, there are 3.79B shares of WFC outstanding. The market capitalization of WFC is $141.81B. In the last 24 hours, 30.27M WFC shares were traded.

How to Buy Wells Fargo & Company Stock

Not sure how to invest in Wells Fargo & Company stock? Here's how.
  1. 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.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Pick your payment method and add your info.
  4. 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).
  5. 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.
  6. 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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  1. Click here to get started.
  2. Input your personal info to create your new brokerage account.
  1. Submit your application by pressing the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've filled out your info on one of the most highly reviewed stock market apps, you can securely and quickly fund your account:

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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
$37.38
1w %
3.17%
1y %
-22.86%
5y %
-27.21%
P/E
11.79x
P/B
0.79x
P/S
1.93x
PEG
N/A
Revenue
$73.79B
Earnings
$12.07B
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$141.81B
Next Earnings
Apr 14, 2023
Next Dividend
N/A

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 overvalued based on its P/E ratio of 11.79x, relative to Banks - Diversified industry P/E ratio of 1.15x
  • WFC may be undervalued based on its P/B ratio of 0.79x, relative to Banks - Diversified industry P/B ratio of 0.9x

You can do more valuation research on WFC's stock here.

WFC Financials at a glance

Pros:

  • WFC earnings of $15.27B is not enough to cover its interest payments.

Cons:

  • Total WFC debt is higher than 5 years ago, relative to shareholder equity.
  • WFC profit margin has gone down from 25.8% to 16.4% in the past year.
  • WFC has a relatively high debt to equity ratio of 9.45.
  • WFC's operating cash flow of $27.05B allows it to safely service it's debt of $226.02B.

Is it a good time to buy WFC stock, according to Wall Street analysts?

Out of 9 sell side analysts who track WFC, the consensus analyst rating on WFC is a Buy

It's important to note that analyst ratings are not recommendations, nor are they financial advice.

Latest WFC Analyst Upgrades/Downgrades

Gerard Cassidy, a bottom 13% analyst from RBC Capital maintains WFC with a hold rating and lowers their WFC price target from $54.00 to $42.00, on Mar 24, 2023.

Ken Usdin, a top 18% analyst from Jefferies downgrades WFC to a hold rating and lowers their WFC price target from $49.00 to $46.00, on Jan 17, 2023.

Scott Siefers, a top 22% analyst from Piper Sandler downgrades WFC to a hold rating and lowers their WFC price target from $49.00 to $47.00, on Jan 17, 2023.

Dick Bove, a bottom 7% analyst from Odeon Capital upgrades WFC to a strong buy rating and announces their WFC price target of $51.79, on Jan 10, 2023.

Jason Goldberg, a bottom 9% analyst from Barclays maintains WFC with a strong buy rating and raises their WFC price target from $58.00 to $64.00, on Jan 3, 2023.

You can dig deeper into what analysts are projecting on the Wells Fargo & Company stock forecast page.

WFC Trading Indicators

SMA10
37.34
SMA20
39.26
SMA50
43.75
SMA100
43.9
SMA200
43.35
MACD
-2.02
MACD Signal
-2.09
MACD Histogram
0.07
RSI
35.86
Stochastic %K
35.11
Stochastic %D
31.76
StochRSI %K
90.61
StochRSI %D
93.9

WFC Performance Metrics

Last year, WFC earnings were $12.07B. During the past 5 year, WFC's earnings have increased by -5.2% per year. This was slower than the Banks - Diversified industry average of 10.46%.

Last year, WFC revenue was $73.79B. During the past five year, WFC's revenue has gone up by -2.99% per year. This was slower than the Banks - Diversified industry average of 4.82%.

You can research WFC's earnings and revenue performance here.

Who is buying/selling WFC?

Over the past 12 months, insiders at WFC have sold more shares than they have bought.

William M. Daley, Vice Chairman - Public Affairs of WFC, was the latest WFC insider to sell. They sold $27,622.35 worth of WFC shares on Mar 15, 2023.

Learn more about who owns WFC stock here.

Can I rely on WFC as an income stream?

Wells Fargo & Company pays a dividend of 3.08%, compared to the Banks - Diversified industry's average dividend yield of 4.51%. If you owned $1,000 worth of WFC stock, you would have received $30.77 in the past 12 months.

Wells Fargo & Company dividend payments have not consistently grown over the past decade and have not remained stable.

Get more data about Wells Fargo & Company dividend yield and history here.

Get analysis from other investors

One of the reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Make your WFC buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact price, place a limit order.

Press the Open button and your broker will place the order.

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Step 6: Keep tabs on your WFC investment

Now that you own some WFC shares, you'll want to keep up with your new investment.

Start a watchlist to track the most important metrics related to your WFC stock.

WFC Feed

How to Buy Stock in Wells Fargo & Company

To summarize, here are the 6 steps you need to take to buy Wells Fargo & Company stock right now:

  1. Choose where to buy Wells Fargo & Company stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Research Wells Fargo & Company stock
  5. Make your WFC buy order
  6. Keep tabs on your WFC investment

If you are looking for a brokerage, eToro is our recommended option.

Get Started with eToro Today

If you want to watch your new investment in Wells Fargo & Company, add WFC to your watchlist below.

NYSE: WFC
$37.38+0.00 (+0%)
Updated Mar 31, 2023
Open eToro Account
NYSE: WFC
$37.38+0.00 (+0%)
Updated Mar 31, 2023
Open eToro Account

FAQ

How much does it cost to buy one Wells Fargo & Company share?

As of Mar 31, 2023, it costs $37.38 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 0.268 shares of WFC.

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Is now a good time to buy Wells Fargo & Company stock?

According to 9 Wall Street analysts who monitor Wells Fargo & Company, their consensus recommendation is to buy Wells Fargo & Company stock.

What is the best way to buy Wells Fargo & Company stock?

One way to place an order for Wells Fargo & Company stock is with a brokerage account.
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.