Seaport Res Ptn Has Optimistic Outlook of WFC Q1 Earnings

Wells Fargo & Company (NYSE:WFC) – Research analysts at Seaport Res Ptn upped their Q1 2025 earnings per share estimates for Wells Fargo & Company in a report released on Thursday, January 16th. Seaport Res Ptn analyst J. Mitchell now anticipates that the financial services provider will earn $1.23 per share for the quarter, up from their previous 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.

Wells Fargo & Company (NYSE:WFC) last announced its quarterly earnings data 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 firm had revenue of $20.38 billion for the quarter, compared to analysts’ expectations of $20.58 billion. Wells Fargo & Company had a return on equity of 12.25% and a net margin of 14.43%. The firm’s revenue for the quarter was down .5% on a year-over-year basis. During the same period last year, the business posted $0.86 earnings per share.

Other equities research analysts have also issued research reports about the stock. Phillip Securities upgraded shares of Wells Fargo & Company from a “neutral” rating to an “accumulate” rating and increased their price objective for the stock from $60.83 to $65.00 in a research note on Tuesday, October 15th. 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. The Goldman Sachs Group upped their price objective on Wells Fargo & Company from $72.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Citigroup raised their target price on Wells Fargo & Company from $67.00 to $82.00 and gave the company a “neutral” rating in a research note on Tuesday, November 19th. Finally, Barclays upped their price target on shares of Wells Fargo & Company from $90.00 to $92.00 and gave the stock an “overweight” rating in a research report on Thursday. Twelve equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Wells Fargo & Company has a consensus rating of “Hold” and a consensus target price of $72.17.

Wells Fargo & Company Trading Down 0.0 %

Wells Fargo & Company stock opened at $75.94 on Friday. Wells Fargo & Company has a 1 year low of $46.12 and a 1 year high of $78.13. The firm’s 50-day moving average is $72.47 and its 200-day moving average is $63.24. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market cap of $252.85 billion, a P/E ratio of 15.79, a PEG ratio of 1.39 and a beta of 1.18.

Institutional Investors Weigh In On Wells Fargo & Company

Large investors have recently modified their holdings of the stock. Income Research & Management acquired a new position in shares of Wells Fargo & Company in the 3rd quarter valued at $211,000. Mattson Financial Services LLC acquired a new position in shares of Wells Fargo & Company in the second quarter worth about $25,000. Modus Advisors LLC purchased a new position in shares of Wells Fargo & Company in the fourth quarter worth approximately $30,000. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Wells Fargo & Company during the second quarter valued at approximately $26,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of Wells Fargo & Company in the 4th quarter valued at approximately $32,000. 75.90% of the stock is owned by institutional investors.

Wells Fargo & Company Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Sunday, December 1st. Investors of record on Friday, November 8th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date of this dividend was Friday, November 8th. Wells Fargo & Company’s 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.