How to buy Wells Fargo (WFC) shares in Australia
Learn how to easily invest in Wells Fargo shares.
Wells Fargo & Company is a banks - diversified business with stocks listed in the US. Wells Fargo shares (WFC) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was US$45.02 – an increase of 4.89% over the previous week. Here's how to invest if you're based in Australia.
How to buy shares in Wells Fargo
- Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Wells Fargo. Find the share by name or ticker symbol: WFC. Research its history to confirm it's a solid investment that matches your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Wells Fargo reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$44.59, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Wells Fargo, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Wells Fargo. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.
What's in this guide?
- Wells Fargo key stats
- Compare share trading platforms
- Is Wells Fargo stock a buy or sell?
- Wells Fargo performance over time
- Is Wells Fargo suitable for ethical investing?
- Are Wells Fargo shares over-valued?
- Wells Fargo's financials
- How volatile are Wells Fargo shares?
- Does Wells Fargo pay a dividend?
- Have Wells Fargo shares ever split?
- Other common questions
Wells Fargo stock price (NYSE:WFC)Use our graph to track the performance of WFC stocks over time.
Have Wells Fargo's shares ever split?
Wells Fargo's shares were split on a 2:1 basis on 14 August 2006. So if you had owned 1 share the day before the split, the next day you would own 2 shares. This wouldn't directly have changed the overall worth of your Wells Fargo shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Wells Fargo shares which in turn could have impacted Wells Fargo's share price.
Wells Fargo shares at a glance
|52-week range||US$34.3983 - US$47.66|
|50-day moving average||US$40.9536|
|200-day moving average||US$41.7002|
|Dividend yield||US$1.25 (3.26%)|
|Earnings per share (TTM)||US$4.58|
Wells Fargo price performance over time
|1 week (2023-11-24)||4.89%|
|1 month (2023-11-02)||11.13%|
|3 months (2023-09-01)||8.09%|
|6 months (2023-06-02)||9.17%|
|1 year (2022-12-02)||-2.00%|
|2 years (2021-12-02)||-7.95%|
|3 years (2020-12-02)||55.94%|
|5 years (2018-11-30)||-17.06%|
Compare trading platforms to buy Wells Fargo shares
Is it a good time to buy Wells Fargo stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Is Wells Fargo under- or over-valued?
Valuing Wells Fargo stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Wells Fargo's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Wells Fargo's P/E ratio
Wells Fargo's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Wells Fargo shares trade at around 9x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Wells Fargo's PEG ratio
Wells Fargo's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.17. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Wells Fargo's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Wells Fargo share price volatility
Over the last 12 months, Wells Fargo's shares have ranged in value from as little as US$34.3983 up to US$47.66. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Wells Fargo's is 1.169. This would suggest that Wells Fargo's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
Wells Fargo financials
|Revenue TTM||US$76.5 billion|
|Operating margin TTM||33.3%|
|Gross profit TTM||US$72.2 billion|
|Return on assets TTM||0.95%|
|Return on equity TTM||9.95%|
|Market capitalisation||US$155.9 billion|
TTM: trailing 12 months
Wells Fargo share dividends
Dividend payout ratio: 29.02% of net profits
Recently Wells Fargo has paid out, on average, around 29.02% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.26% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Wells Fargo shareholders could enjoy a 3.26% return on their shares, in the form of dividend payments. In Wells Fargo's case, that would currently equate to about $1.25 per share.
While Wells Fargo's payout ratio might seem fairly standard, it's worth remembering that Wells Fargo may be investing much of the rest of its net profits in future growth.
Wells Fargo's most recent dividend payout was on 1 December 2023. The latest dividend was paid out to all shareholders who bought their shares by 2 November 2023 (the "ex-dividend date").
Wells Fargo's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Wells Fargo.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Wells Fargo's total ESG risk score
Total ESG risk: 34.31
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Wells Fargo's overall score of 34.31 (as at 01/01/2019) is pretty weak – landing it in it in the 63rd percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Wells Fargo is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Wells Fargo's environmental score
Environmental score: 2.65/100
Wells Fargo's environmental score of 2.65 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Wells Fargo is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Wells Fargo's social score
Social score: 15.06/100
Wells Fargo's social score of 15.06 puts it squarely in the 4th percentile of companies rated in the same sector. This could suggest that Wells Fargo is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Wells Fargo's governance score
Governance score: 16.6/100
Wells Fargo's governance score puts it squarely in the 4th percentile of companies rated in the same sector. That could suggest that Wells Fargo is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Wells Fargo's controversy score
Controversy score: 5/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Wells Fargo scored a 5 out of 5 for controversy – the lowest score possible, reflecting that Wells Fargo's public profile has been damaged by multiple incidents.
Environmental, social, and governance (ESG) summary
|Total ESG score||34.31|
|Total ESG percentile||62.92|
|Environmental score percentile||4|
|Social score percentile||4|
|Governance score percentile||4|
|Level of controversy||5|
Wells Fargo overview
Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. It operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services to corporate, commercial real estate, government, and institutional clients. Its products and services comprise corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors. Its serves to independent offices and consumer banks. The company was founded in 1852 and is headquartered in San Francisco, California.
Stocks similar to Wells Fargo
Frequently asked questions
More guides on Finder
How to buy OpenAI stock in Australia
Looking to jump on the AI bandwagon? Here's how you can invest in ChatGPT and its parent company OpenAI from Australia.
Best performing stocks on the ASX in 2023 (Updated weekly)
Looking for the best performing stocks in Australia? We update this list weekly.
Cryptocurrency ETFs explained: A simple guide for investors (2023)
If you’re looking for ways to gain exposure to Bitcoin and other digital currencies, cryptocurrency ETFs could be worth exploring. Find out what crypto ETFs are and how they work in this introductory guide.
How to buy Gol Linhas Aereas Inteligentes SA ADR (GOL) shares in Australia
Steps to owning and managing Gol Linhas Aéreas Inteligentes SA shares from Australia.
How to buy Microsoft (MSFT) shares in Australia
Steps to owning and managing Microsoft shares from in Australia.
A beginner’s guide to Lego investing
Looking for alternative investments? With a ROI of up to 3,593% lego may be worth considering. Read on to find out which lego sets are worth the investment.
The cheapest stock brokers in Australia (Dec 2023)
Find cheap stock brokerage in Australia when buying and selling shares on the ASX and other international exchanges.
What is the money market?
Learn about the money market and everyday consumer money market products.
Is investing in crowdfunding a safe investment?
Equity crowdfunding offers a unique opportunity for investors and for Australian startups, but Australia’s regulatory framework surrounding crowdfunding still lags behind the rest of the world.
The best trading platforms in Australia for 2023
Follow these tips to find the best share trading platform for you.
Ask an Expert