Seaport Res Ptn Has Negative Estimate for WFC Q2 Earnings

Wells Fargo & Company (NYSE:WFC) – Stock analysts at Seaport Res Ptn cut their Q2 2025 EPS estimates for shares of Wells Fargo & Company in a research note issued to investors on Thursday, April 3rd. Seaport Res Ptn analyst J. Mitchell now forecasts that the financial services provider will post earnings per share of $1.48 for the quarter, down from their prior forecast of $1.49. 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 Q3 2025 earnings at $1.57 EPS.

Wells Fargo & Company (NYSE:WFC) last issued its earnings results 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. Wells Fargo & Company had a net margin of 15.73% and a return on equity of 12.38%. The company had revenue of $20.38 billion for the quarter, compared to analysts’ expectations of $20.58 billion. During the same quarter last year, the company posted $0.86 earnings per share. The firm’s quarterly revenue was down .5% on a year-over-year basis.

Other analysts have also recently issued research reports about the company. JPMorgan Chase & Co. reduced their price objective on Wells Fargo & Company from $82.00 to $73.50 and set a “neutral” rating for the company in a research report on Thursday. Morgan Stanley set a $79.00 price target on shares of Wells Fargo & Company in a research report on Monday, March 24th. Truist Financial lowered their price objective on shares of Wells Fargo & Company from $86.00 to $84.00 and set a “buy” rating on the stock in a research note on Friday. Compass Point boosted their target price on shares of Wells Fargo & Company from $60.00 to $83.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. Finally, Keefe, Bruyette & Woods increased their price target on shares of Wells Fargo & Company from $81.00 to $86.00 and gave the stock a “market perform” rating in a research report on Thursday, January 16th. Nine research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $75.50.

Wells Fargo & Company Price Performance

NYSE WFC opened at $60.91 on Monday. The stock has a market capitalization of $198.89 billion, a price-to-earnings ratio of 11.32, a PEG ratio of 1.18 and a beta of 1.02. Wells Fargo & Company has a 1-year low of $50.15 and a 1-year high of $81.50. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.86 and a quick ratio of 0.85. The business’s fifty day moving average price is $74.93 and its 200-day moving average price is $70.67.

Institutional Investors Weigh In On Wells Fargo & Company

A number of institutional investors have recently added to or reduced their stakes in WFC. Quent Capital LLC grew its stake in Wells Fargo & Company by 3.4% during the first quarter. Quent Capital LLC now owns 13,040 shares of the financial services provider’s stock valued at $936,000 after acquiring an additional 429 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of Wells Fargo & Company by 84.2% during the 1st quarter. Versant Capital Management Inc now owns 9,189 shares of the financial services provider’s stock valued at $660,000 after purchasing an additional 4,200 shares during the last quarter. Waller Financial Planning Group Inc. purchased a new position in shares of Wells Fargo & Company during the first quarter valued at about $226,000. CWC Advisors LLC. increased its holdings in shares of Wells Fargo & Company by 2.2% in the fourth quarter. CWC Advisors LLC. now owns 16,796 shares of the financial services provider’s stock worth $1,180,000 after purchasing an additional 365 shares during the last quarter. Finally, 111 Capital purchased a new stake in shares of Wells Fargo & Company in the fourth quarter worth about $776,000. 75.90% of the stock is owned by hedge funds and other institutional investors.

Wells Fargo & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Investors of record on Tuesday, January 7th were issued a $0.40 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a yield of 2.63%. Wells Fargo & Company’s dividend payout ratio is presently 29.74%.

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.