Benzinga (Tue, 23-Apr 4:46 AM ET)
WFC Bullish Calendar Call Spread Appears to be a Good Buy at 29 Cents
Market Chameleon (Mon, 22-Apr 3:04 PM ET)
Goldman’s buybacks basket: Buyback growth will be 13% in 2024
Seeking Alpha News (Mon, 22-Apr 1:23 PM ET)
Dividend yield and growth stock list by Goldman
Seeking Alpha News (Mon, 22-Apr 11:04 AM ET)
CleanSpark tops week's financial gainers, while Coinbase falls the most
Seeking Alpha News (Sat, 20-Apr 10:20 AM ET)
Regulators said to revive bid to rein in Wall Street bonus payouts
Seeking Alpha News (Fri, 19-Apr 3:14 PM ET)
WFC Bullish Calendar Call Spread is Inexpensive at 32 Cents
Market Chameleon (Wed, 17-Apr 2:23 PM ET)
TradeSun Announces an Agreement With Wells Fargo
Business Wire (Tue, 16-Apr 6:00 AM ET)
Wells Fargo Reports First Quarter 2024 Financial Results
Business Wire (Fri, 12-Apr 7:02 AM ET)
Jason M. Rosenberg to Join Wells Fargo as Head of Public Affairs
Business Wire (Wed, 10-Apr 7:00 AM ET)
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the U.S.
Wells Fargo trades on the NYSE stock market under the symbol WFC.
As of April 23, 2024, WFC stock price declined to $60.94 with 20,728,288 million shares trading.
WFC has a beta of 0.81, meaning it tends to be less sensitive to market movements. WFC has a correlation of 0.15 to the broad based SPY ETF.
WFC has a market cap of $213.39 billion. This is considered a Mega Cap stock.
Last quarter Wells Fargo reported $21 billion in Revenue and $1.20 earnings per share. This beat revenue expectation by $2 billion and exceeded earnings estimates by $.20.
In the last 3 years, WFC stock traded as high as $61.76 and as low as $35.25.
The top ETF exchange traded funds that WFC belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.
WFC has outperformed the market in the last year with a price return of +51.0% while the SPY ETF gained +24.3%. WFC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +26.3% and +5.5%, respectively, while the SPY returned +4.9% and -2.5%, respectively.
WFC support price is $60.30 and resistance is $61.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WFC stock will trade within this expected range on the day.