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Are you looking to buy Wells Fargo stocks? Chech our BAMagazine with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:WFC! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Wells Fargo stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this 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 three segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business lending products. The Wholesale Banking segment provides commercial, corporate, capital markets, cash management, and real estate banking products and services, including traditional commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury management, institutional fixed-income sales, interest rate, commodity and equity risk management, online/electronic products, corporate trust fiduciary and agency services, and investment banking services. It also offers commercial and residential development, land acquisition and development, rehabilitation, permanent securitization, and commercial real estate loans; secured and unsecured lines of credit; affordable housing loans and letters of credit; and interim financing arrangements. 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; and has collaboration with National LGBT Chamber of Commerce. As of March 16, 2020, it operated through 7,400 locations; approximately 13,000 ATMs; and offices in 32 countries and territories. The Company was founded in 1852 and is headquartered in San Francisco, California.
Average volume
38.81 million shs
MARKET CAP
$136.98 billion
Stock exchange
NYSE
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- Stephen Johnson
- March 21, 2021
- No Comments
How to buy Wells Fargo stocks?
Below is a quick guide on how to buy NYSE:WFC stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Wells Fargo shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Wells Fargo – Search for “”NYSE:WFC”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Wells Fargo stocks with 0% commission!.
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Is Wells Fargo & Company a buy right now?
26 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Wells Fargo & Company in the last twelve months. There are currently 1 sell rating, 10 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should “buy” Wells Fargo & Company stock.
What stocks does BAMagazine like better than Wells Fargo & Company?
Wall Street analysts have given Wells Fargo & Company a “Buy” rating, but there may be better short-term opportunities in the market. Some of BAMagazine’s past winning trading ideas have resulted in 5-15% weekly gains. BAMagazine just released five new trading ideas, but Wells Fargo & Company wasn’t one of them. BAMagazine thinks five stocks may be even better buys in the how to buy stocks guide.
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How to buy Wells Fargo stocks step by step guide
It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:WFC stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Wells Fargo stocks with a step by step approach.
Step 1: Open an Account with a Broker
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Wells Fargo stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Step 2: Verify your Account
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Step 3: Fund your eToro Account
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Step 4: Search for Wells Fargo stocks
Now that you’ve funded your eToro account, just type “NYSE:WFC stocks” into the search bar at the top of the screen and press “trade”.
Step 5: Buy NYSE:WFC
All that’s left is to buy some NYSE:WFC stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
How And Where To Buy Stocks Conclusion
All in all, NYSE:WFC is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Wells Fargo stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
When is Wells Fargo & Company’s next earnings date?
Wells Fargo & Company is scheduled to release its next quarterly earnings announcement on Tuesday, April 13th 2021.
View our earnings forecast for Wells Fargo & Company.
How were Wells Fargo & Company’s earnings last quarter?
Wells Fargo & Company (NYSE:WFC) issued its earnings results on Thursday, January, 14th. The financial services provider reported $0.64 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $0.04. The financial services provider had revenue of $17.93 billion for the quarter, compared to analyst estimates of $18 billion. Wells Fargo & Company had a trailing twelve-month return on equity of 3.18% and a net margin of 3.72%. The business’s quarterly revenue was down 9.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.93 EPS.
View Wells Fargo & Company’s earnings history.
How has Wells Fargo & Company’s stock been impacted by COVID-19?
Wells Fargo & Company’s stock was trading at $32.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WFC stock has increased by 1.4% and is now trading at $32.77.
How often does Wells Fargo & Company pay dividends? What is the dividend yield for Wells Fargo & Company?
Wells Fargo & Company announced a quarterly dividend on Tuesday, January 26th. Stockholders of record on Friday, February 5th will be paid a dividend of $0.10 per share on Monday, March 1st. This represents a $0.40 annualized dividend and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, February 4th.
View Wells Fargo & Company’s dividend history.
Where to Buy Wells Fargo Stocks Broker Reviews
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:WFC stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
- eToro takes pride in keeping their customers safe, they follow strict data protection rules to keep access to sensitive information to a minimum. Any of the information you provide eToro is even protected by SSL encryption, this ensures that even if someone were to gain access to the servers all your data remains safe.
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
Excellent for both new and experienced traders
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Is Wells Fargo & Company a good dividend stock?
Wells Fargo & Company pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.23%. Wells Fargo & Company does not yet have a strock track record of dividend growth. The dividend payout ratio of Wells Fargo & Company is 9.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Wells Fargo & Company will have a dividend payout ratio of 21.28% next year. This indicates that Wells Fargo & Company will be able to sustain or increase its dividend.
View Wells Fargo & Company’s dividend history.
How will Wells Fargo & Company’s stock buyback program work?
Wells Fargo & Company declared that its Board of Directors has approved a share buyback program on Tuesday, July 23rd 2019, which permits the company to repurchase 350,000,000 shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s leadership believes its stock is undervalued.
Compliance
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
What price target have analysts set for WFC?
26 brokers have issued 12-month target prices for Wells Fargo & Company’s stock. Their forecasts range from $24.00 to $42.00. On average, they anticipate Wells Fargo & Company’s share price to reach $33.48 in the next year. This suggests a possible upside of 2.2% from the stock’s current price.
View analysts’ price targets for Wells Fargo & Company or view top-rated stocks among Wall Street analysts.
Are investors shorting Wells Fargo & Company?
Wells Fargo & Company saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 46,390,000 shares, an increase of 20.7% from the December 31st total of 38,430,000 shares. Based on an average daily volume of 39,690,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 1.1% of the company’s shares are short sold.
View Wells Fargo & Company’s Short Interest.
Who are Wells Fargo & Company’s key executives?
Wells Fargo & Company’s management team includes the following people:
Mr. Charles W. Scharf, Pres, CEO & Director (Age 56, Pay $7.57M)
Mr. Petros G. Pelos, Sr. EVP & CEO of Commercial Banking (Age 57, Pay $2.91M)
Ms. Mary Tabb Mack, Sr. EVP and CEO of Consumer & Small Bus. Banking (Age 58, Pay $3.1M)
Mr. Saul Van Beurden, Sr. EVP & Head of Technology (Age 51, Pay $4.17M)
Mr. Michael P. Santomassimo, Sr. VP & CFO (Age 46)
Mr. Scott E. Powell, Sr. EVP & COO (Age 59)
Ms. Muneera S. Carr, Chief Accounting Officer & Exec. VP (Age 52)
Ms. Deborah J. Chrapaty, Chief Technology Officer (Age 60)
Mr. David Owen, Chief Admin. Officer
Mr. John K. Campbell B.A., Head of Investor Relations (Age 87)
What is Charlie Scharf’s approval rating as Wells Fargo & Company’s CEO?
1,413 employees have rated Wells Fargo & Company CEO Charlie Scharf on Glassdoor.com. Charlie Scharf has an approval rating of 67% among Wells Fargo & Company’s employees.
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Who are some of Wells Fargo & Company’s key competitors?
Some companies that are related to Wells Fargo & Company include JPMorgan Chase & Co. (JPM), Bank of America (BAC), Industrial and Commercial Bank of China (IDCBY), Citigroup (C), Truist Financial (TFC), U.S. Bancorp (USB), The PNC Financial Services Group (PNC), UBS Group (UBS), National Australia Bank (NABZY), Capital One Financial (COF), DBS Group (DBSDY), Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), China Minsheng Banking (CMAKY) and Standard Chartered (SCBFF).
View all of WFC’s competitors.
What other stocks do shareholders of Wells Fargo & Company own?
Based on aggregate information from BAMagazine watchlists, some companies that other Wells Fargo & Company investors own include Bank of America (BAC), AT&T (T), JPMorgan Chase & Co. (JPM), Intel (INTC), General Electric (GE), The Walt Disney (DIS), Exxon Mobil (XOM), Johnson & Johnson (JNJ), Citigroup (C) and Cisco Systems (CSCO).
What is Wells Fargo & Company’s stock symbol?
Wells Fargo & Company trades on the New York Stock Exchange (NYSE) under the ticker symbol “WFC.”
Who are Wells Fargo & Company’s major shareholders?
Wells Fargo & Company’s stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.87%), Pzena Investment Management LLC (0.50%), Sumitomo Mitsui Trust Holdings Inc. (0.33%), Rothschild & Co Wealth Management UK Ltd (0.25%), California Public Employees Retirement System (0.23%) and State of Wisconsin Investment Board (0.18%). Company insiders that own Wells Fargo & Company stock include Beurden Saul Van, Charles H Noski, Charles W Scharf and Petros G Pelos.
View institutional ownership trends for Wells Fargo & Company.
Which major investors are selling Wells Fargo & Company stock?
WFC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., M&G Investment Management Ltd., State of Michigan Retirement System, Sumitomo Mitsui Trust Holdings Inc., American Assets Investment Management LLC, Hexavest Inc., Poplar Forest Capital LLC, and Gamco Investors INC. ET AL.
View insider buying and selling activity for Wells Fargo & Company or view top insider-selling stocks.
Which major investors are buying Wells Fargo & Company stock?
WFC stock was purchased by a variety of institutional investors in the last quarter, including HoldCo Asset Management L.P., Los Angeles Capital Management LLC, Pzena Investment Management LLC, State of Wisconsin Investment Board, Lateef Investment Management L.P., RWWM Inc., Sprucegrove Investment Management Ltd., and Clark Capital Management Group Inc.. Company insiders that have bought Wells Fargo & Company stock in the last two years include Beurden Saul Van, Charles H Noski, and Charles W Scharf.
View insider buying and selling activity for Wells Fargo & Company or or view top insider-buying stocks.
More information
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Frequently asked questions
How to buy Wells Fargo stocks?
The safest and easiest way to buy NYSE:WFC stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Wells Fargo stock?
You will first want to find a licensed broker that supports Wells Fargo stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:WFC stocks in a safe and complete environment.
Is NYSE:WFC stock a good investment?
As with any other asset, there is an element of risk associated with buying NYSE:WFC stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Wells Fargo stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with NYSE:WFC is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Wells Fargo stock.
How do you trade Wells Fargo stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Wells Fargo stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:WFC stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Wells Fargo stock?
To sell your NYSE:WFC stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Wells Fargo stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:WFC stock.
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Stephen Johnson
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
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