Seaport Res Ptn Has Optimistic Outlook of WFC Q1 Earnings

Wells Fargo & Company (NYSE:WFC - Free Report) - Research analysts at Seaport Res Ptn increased their Q1 2025 earnings per share (EPS) estimates for Wells Fargo & Company in a report issued on Thursday, January 16th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will post earnings of $1.23 per share for the quarter, up from their prior forecast of $1.19. The consensus estimate for Wells Fargo & Company's current full-year earnings is $5.45 per share. Seaport Res Ptn also issued estimates for Wells Fargo & Company's Q2 2025 earnings at $1.49 EPS, Q3 2025 earnings at $1.58 EPS, Q4 2025 earnings at $1.60 EPS, FY2025 earnings at $5.90 EPS, Q1 2026 earnings at $1.44 EPS, Q2 2026 earnings at $1.74 EPS, Q3 2026 earnings at $1.84 EPS, Q4 2026 earnings at $1.84 EPS and FY2026 earnings at $6.85 EPS.

Other analysts also recently issued reports about the stock. Wolfe Research upgraded shares of Wells Fargo & Company from a "peer perform" rating to an "outperform" rating and set a $65.00 price objective on the stock in a research report on Tuesday, October 8th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $61.00 price target on shares of Wells Fargo & Company in a report on Monday, October 14th. The Goldman Sachs Group increased their price objective on Wells Fargo & Company from $72.00 to $82.00 and gave the stock a "buy" rating in a report on Friday, December 6th. Piper Sandler lifted their target price on Wells Fargo & Company from $62.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, December 3rd. Finally, Phillip Securities raised Wells Fargo & Company from a "neutral" rating to an "accumulate" rating and increased their price target for the stock from $60.83 to $65.00 in a research note on Tuesday, October 15th. Twelve investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $72.17.

Wells Fargo & Company Stock Performance

WFC stock traded up $1.27 during mid-day trading on Friday, reaching $77.22. The company had a trading volume of 20,609,919 shares, compared to its average volume of 16,990,602. The stock's 50-day simple moving average is $72.60 and its two-hundred day simple moving average is $63.33. The stock has a market capitalization of $257.11 billion, a P/E ratio of 16.05, a P/E/G ratio of 1.39 and a beta of 1.18. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.09. Wells Fargo & Company has a one year low of $46.12 and a one year high of $78.13.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last announced its quarterly earnings results on Wednesday, January 15th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.09. The business had revenue of $20.38 billion for the quarter, compared to the consensus estimate of $20.58 billion. Wells Fargo & Company had a return on equity of 12.25% and a net margin of 14.43%. The business's revenue was down .5% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS.

Institutional Investors Weigh In On Wells Fargo & Company

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Mattson Financial Services LLC acquired a new position in shares of Wells Fargo & Company in the 2nd quarter worth $25,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Wells Fargo & Company in the 2nd quarter valued at $26,000. Truvestments Capital LLC purchased a new position in Wells Fargo & Company in the 3rd quarter worth about $29,000. Modus Advisors LLC acquired a new stake in Wells Fargo & Company during the 4th quarter worth about $30,000. Finally, Decker Retirement Planning Inc. acquired a new stake in Wells Fargo & Company during the 4th quarter worth about $32,000. Institutional investors and hedge funds own 75.90% of the company's stock.

Wells Fargo & Company Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Friday, November 8th were given a $0.40 dividend. The ex-dividend date was Friday, November 8th. This represents a $1.60 annualized dividend and a yield of 2.07%. Wells Fargo & Company's dividend payout ratio (DPR) is 33.26%.

Wells Fargo & Company Company Profile

Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. The company operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management.