50-Year Wall Street Legend: "Prepare for an Election Surprise"
During his 50 years on Wall Street, legendary stockpicker traded through 13 presidential elections. Today, he is stepping forward to warn of a critical market shift that could blindside millions of Americans before Election Day.
About Wells Fargo & Company
Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services to individuals, businesses, and institutions in the United States and internationally. It operates in four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers checking and savings accounts; credit and debit cards; and home, auto, personal, and small business lending products. The Commercial banking segment provides banking and credit products across multiple industry sectors and municipalities; and treasury management, secured lending, and lease products. The Corporate and Investment Banking segment provides corporate banking, investment banking, treasury management, commercial real estate lending and servicing, sales, trading, research capabilities, and equity and fixed income solutions to corporate, commercial real estate, government, and institutional clients. The Wealth and Investment Management segment provides personalized wealth management, investment, and retirement products and services; and delivers financial planning, private banking, credit, investment management, and fiduciary services. The company also offers brokerage, and Internet and mobile banking services. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.
General
| Name | Wells Fargo & Company |
| Ticker | WFC |
| Exchange | NYSE |
| Sector | Financial Services |
| Industry | Banks-Diversified |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 268,531 |
Highlights
| Analyst Target | 39.96 |
| Market Cap | 168,755,593,216 |
| PE Ratio | 11.33 |
| PEG Ratio | 0.28 |
Share Stats
| Shares Outstanding | 4,134,139,904 |
| Shares Float | 4,127,698,812 |
| Shares Short | 52,296,133 |
| Insider Holdings | 12% |
| Institution Holdings | 69.48% |
Highlights
| Analyst Target | 39.96 |
| Market Cap | 168,755,593,216 |
| PE Ratio | 11.33 |
| PEG Ratio | 0.28 |
Valuation
| Trailing PE | 99.56 |
| Forward PE | 16.13 |
| Price/Sales (Trailing 12 Mt.) | 2.28 |
| Price/Book (Most Recent Quarter) | 1.01 |
Dividend
Wells Fargo & Company pays out a dividend of $1.22 per share, with a dividend yield of 2.46%.
WFC's last dividend payment was made to shareholders on March 1, 2021.
They pay out 49.88% of their earnings out as a dividend.
Recent Dividends
| Sep 1, 2024 | $0.40 |
| Jun 1, 2024 | $0.35 |
| Mar 1, 2024 | $0.35 |
| Dec 1, 2023 | $0.35 |
| Sep 1, 2023 | $0.35 |
| Jun 1, 2023 | $0.30 |
| Mar 1, 2023 | $0.30 |
| Dec 1, 2022 | $0.30 |
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