Wells Fargo Stock Today
| WFC Stock | USD 77.21 0.14 0.18% |
Performance16 of 100
| Odds Of DistressLess than 5
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Wells Fargo is trading at 77.21 as of the 28th of November 2024, a 0.18% down since the beginning of the trading day. The stock's open price was 77.35. Wells Fargo has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Note, on September 15, 2024, Senator Mitch McConnell of US Senate acquired under $15k worth of Wells Fargo's common stock.
Business Domain Banks | IPO Date 1st of June 1972 | Category Financial Services | Classification Financials |
Wells Fargo Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. Wells Fargo Company was founded in 1852 and is headquartered in San Francisco, California. The company has 3.33 B outstanding shares of which 36.6 M shares are at this time shorted by investors with about 1.95 days to cover. More on Wells Fargo
Moving together with Wells Stock
| 0.93 | C | Citigroup Aggressive Push | PairCorr |
| 0.75 | CM | Canadian Imperial Bank Earnings Call This Week | PairCorr |
Moving against Wells Stock
Wells Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Charles Scharf | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 4 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Wells Fargo & Company, Wells Fargo & Company] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Banks, Banks - Diversified, Financial Services, NYSE Composite, NYSE 100 Index, ARCA Major Markets, SP 500 Index, ARCA Institutional, KBW Bank, BTRINVSTNG 100 INDEX, BETTERINVESTING 100 INDEX, SP 100, Dividend Beast, Momentum, Baby Boomer Prospects, FinTech, Financials, Banks, Banks—Diversified, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsWells Fargo can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wells Fargo's financial leverage. It provides some insight into what part of Wells Fargo's total assets is financed by creditors.
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Wells Fargo (WFC) is traded on New York Stock Exchange in USA. It is located in 420 Montgomery Street, San Francisco, CA, United States, 94104 and employs 220,167 people. Wells Fargo is listed under Diversified Banks category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 257.54 B. Wells Fargo runs under Banks sector within Financials industry. The entity has 3.33 B outstanding shares of which 36.6 M shares are at this time shorted by investors with about 1.95 days to cover.
Wells Fargo has about 358.38 B in cash with 40.36 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 94.05.
Check Wells Fargo Probability Of Bankruptcy
Ownership AllocationWells Fargo retains a total of 3.33 Billion outstanding shares. The majority of Wells Fargo outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Wells Fargo to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Wells Fargo. Please pay attention to any change in the institutional holdings of Wells Fargo as this could imply that something significant has changed or is about to change at the company. Please note that on September 15, 2024, Senator Mitch McConnell of US Senate acquired under $15k worth of Wells Fargo's common stock.
Check Wells Ownership Details
Wells Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Norges Bank | 2024-06-30 | 45 M | |
| State Farm Mutual Automobile Ins Co | 2024-09-30 | 43.6 M | |
| Amvescap Plc. | 2024-06-30 | 38 M | |
| Ameriprise Financial Inc | 2024-06-30 | 35.9 M | |
| Primecap Management Company | 2024-09-30 | 32 M | |
| Northern Trust Corp | 2024-09-30 | 31 M | |
| Arrowstreet Capital Limited Partnership | 2024-06-30 | 30.2 M | |
| Nuveen Asset Management, Llc | 2024-06-30 | 29.2 M | |
| Legal & General Group Plc | 2024-06-30 | 24.2 M | |
| Vanguard Group Inc | 2024-09-30 | 307 M | |
| Blackrock Inc | 2024-06-30 | 254 M |
Wells Fargo Historical Income Statement
Wells Stock Against Markets
Wells Fargo Corporate Directors
| Mark Chancy | Independent Director | Profile | |
| Donald James | Independent Director | Profile | |
| Ronald Sargent | Independent Director | Profile | |
| Theodore Craver | Independent Director | Profile |
Already Invested in Wells Fargo?
The danger of trading Wells Fargo is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wells Fargo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wells Fargo. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wells Fargo is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wells Fargo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wells Fargo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wells Fargo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wells Fargo Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wells Fargo. If investors know Wells will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wells Fargo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 1.45 | Earnings Share 4.81 | Revenue Per Share 22.23 | Quarterly Revenue Growth (0.02) |
The market value of Wells Fargo is measured differently than its book value, which is the value of Wells that is recorded on the company's balance sheet. Investors also form their own opinion of Wells Fargo's value that differs from its market value or its book value, called intrinsic value, which is Wells Fargo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wells Fargo's market value can be influenced by many factors that don't directly affect Wells Fargo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.