Seaport Res Ptn Has Optimistic Outlook of WFC Q1 Earnings

Wells Fargo & Company (NYSE:WFC) – Stock analysts at Seaport Res Ptn increased their Q1 2025 earnings per share estimates for shares of Wells Fargo & Company in a research report issued to clients and investors on Thursday, January 16th. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will post earnings of $1.23 per share for the quarter, up from their prior estimate 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.

WFC has been the subject of a number of other reports. Truist Financial increased their price target on Wells Fargo & Company from $82.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday. Barclays lifted their target price on Wells Fargo & Company from $90.00 to $92.00 and gave the stock an “overweight” rating in a report on Thursday. Royal Bank of Canada reissued a “sector perform” rating and issued a $61.00 price target on shares of Wells Fargo & Company in a report on Monday, October 14th. Phillip Securities raised shares of Wells Fargo & Company from a “neutral” rating to an “accumulate” rating and lifted their price objective for the stock from $60.83 to $65.00 in a research note on Tuesday, October 15th. Finally, Citigroup increased their target price on shares of Wells Fargo & Company from $67.00 to $82.00 and gave the company a “neutral” rating in a research note on Tuesday, November 19th. Twelve analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $72.17.

Wells Fargo & Company Trading Up 1.7 %

Wells Fargo & Company stock opened at $77.22 on Friday. Wells Fargo & Company has a 12-month low of $46.12 and a 12-month high of $78.13. The stock has a market capitalization of $257.11 billion, a PE ratio of 16.05, a price-to-earnings-growth ratio of 1.39 and a beta of 1.18. The firm has a 50 day simple moving average of $72.60 and a 200-day simple moving average of $63.33. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.85 and a quick ratio of 0.85.

Wells Fargo & Company (NYSE:WFC) last announced its earnings results on Wednesday, January 15th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.09. The firm had revenue of $20.38 billion during the quarter, compared to analyst estimates of $20.58 billion. Wells Fargo & Company had a net margin of 14.43% and a return on equity of 12.25%. Wells Fargo & Company’s revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.86 EPS.

Institutional Trading of Wells Fargo & Company

Institutional investors have recently made changes to their positions in the stock. Mattson Financial Services LLC acquired a new stake in shares of Wells Fargo & Company during the 2nd quarter valued at about $25,000. Strategic Investment Solutions Inc. IL acquired a new stake in Wells Fargo & Company in the second quarter valued at approximately $26,000. Truvestments Capital LLC acquired a new stake in Wells Fargo & Company in the third quarter valued at approximately $29,000. Modus Advisors LLC acquired a new position in shares of Wells Fargo & Company during the 4th quarter worth $30,000. Finally, Decker Retirement Planning Inc. acquired a new position in shares of Wells Fargo & Company during the 4th quarter worth $32,000. 75.90% of the stock is currently owned by institutional investors and hedge funds.

Wells Fargo & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, December 1st. Stockholders of record on Friday, November 8th were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.07%. Wells Fargo & Company’s dividend payout ratio 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.