FY2025 Earnings Forecast for WFC Issued By Seaport Res Ptn

Wells Fargo & Company (NYSE:WFC) – Stock analysts at Seaport Res Ptn upped their FY2025 earnings per share (EPS) estimates for Wells Fargo & Company in a report released on Monday, October 20th. Seaport Res Ptn analyst J. Mitchell now expects that the financial services provider will post earnings of $6.22 per share for the year, up from their prior forecast of $5.93. The consensus estimate for Wells Fargo & Company’s current full-year earnings is $5.89 per share. Seaport Res Ptn also issued estimates for Wells Fargo & Company’s Q1 2026 earnings at $1.56 EPS and Q2 2026 earnings at $1.79 EPS.

A number of other equities analysts have also recently weighed in on WFC. Cfra Research raised Wells Fargo & Company to a “moderate buy” rating in a report on Wednesday, October 15th. The Goldman Sachs Group lowered their price objective on Wells Fargo & Company from $92.00 to $91.00 and set a “buy” rating for the company in a research report on Wednesday, July 16th. Morgan Stanley lifted their price objective on Wells Fargo & Company from $95.00 to $97.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 15th. Truist Financial lifted their price objective on Wells Fargo & Company from $88.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Finally, Keefe, Bruyette & Woods lifted their price objective on Wells Fargo & Company from $85.00 to $92.00 and gave the company a “market perform” rating in a research report on Wednesday, October 15th. Ten analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Wells Fargo & Company currently has a consensus rating of “Moderate Buy” and an average target price of $89.57.

Wells Fargo & Company Stock Performance

NYSE WFC opened at $84.77 on Wednesday. Wells Fargo & Company has a fifty-two week low of $58.42 and a fifty-two week high of $87.47. The stock has a market cap of $271.56 billion, a price-to-earnings ratio of 13.94, a price-to-earnings-growth ratio of 1.19 and a beta of 1.25. The business has a fifty day moving average of $81.49 and a 200-day moving average of $77.24. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.07.

Institutional Investors Weigh In On Wells Fargo & Company

A number of institutional investors have recently added to or reduced their stakes in the company. Livforsakringsbolaget Skandia Omsesidigt grew its position in Wells Fargo & Company by 2,735,254.3% during the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 949,769,723 shares of the financial services provider’s stock valued at $76,095,550,000 after acquiring an additional 949,735,001 shares during the period. Vanguard Group Inc. grew its position in Wells Fargo & Company by 0.4% during the second quarter. Vanguard Group Inc. now owns 302,092,955 shares of the financial services provider’s stock valued at $24,203,688,000 after acquiring an additional 1,341,222 shares during the period. Norges Bank purchased a new stake in Wells Fargo & Company during the second quarter valued at about $3,990,551,000. Dimensional Fund Advisors LP grew its position in Wells Fargo & Company by 0.6% during the first quarter. Dimensional Fund Advisors LP now owns 20,497,429 shares of the financial services provider’s stock valued at $1,471,259,000 after acquiring an additional 128,207 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its stake in shares of Wells Fargo & Company by 54.9% during the second quarter. Massachusetts Financial Services Co. MA now owns 16,635,681 shares of the financial services provider’s stock worth $1,332,851,000 after purchasing an additional 5,894,747 shares in the last quarter. Hedge funds and other institutional investors own 75.90% of the company’s stock.

Wells Fargo & Company Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 1st. Shareholders of record on Friday, August 8th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 2.1%. This is a boost from Wells Fargo & Company’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Friday, August 8th. Wells Fargo & Company’s dividend payout ratio (DPR) is presently 29.61%.

About Wells Fargo & Company

Wells Fargo & Co is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.