How to buy Wells Fargo (WFC) shares in Australia

Learn how to easily invest in Wells Fargo shares.

Wells Fargo & Company
NYSE: WFC - USD
BANKS-DIVERSIFIED
$50.66
+ $0.33 ( + 0.66%)

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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$50.66 – an increase of 4.71% over the previous week. Here's how to invest if you're based in Australia.

How to buy shares in Wells Fargo

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Wells Fargo. Find the share by name or ticker symbol: WFC. Research its history to confirm it's a solid investment against your financial goals.
  4. 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 at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$49.05, 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.
  6. 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 on directors and management that can affect your stock.

Wells Fargo stock price (NYSE:WFC)

Use our graph to track the performance of WFC stocks over time.

Wells Fargo shares at a glance

Information last updated 2021-10-23.
52-week rangeUS$20.466 - US$51.41
50-day moving average US$46.9654
200-day moving average US$45.8615
Target priceUS$51.36
PE ratio 12.0849
Dividend yield US$0.5 (0.99%)
Earnings per share (TTM) US$4.192

Where to buy Wells Fargo stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
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IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
US$0
0.60%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Wells Fargo stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. 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.

Wells Fargo share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Wells Fargo shares?

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Wells Fargo price performance over time

Historical closes compared with the last close of $50.66

1 week (2021-10-14) 11.81%
1 month (2021-09-24) 5.72%
3 months (2021-07-23) 13.61%
6 months (2021-04-23) 15.50%
1 year (2020-10-23) 117.61%
2 years (2019-10-24) -0.86%
3 years (2018-10-24) 0.94%
5 years (2016-10-24) 11.29%

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 12x. In other words, Wells Fargo shares trade at around 12x 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 0.2258. 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 financials

Revenue TTM US$78.2 billion
Operating margin TTM 30.02%
Gross profit TTM US$58.3 billion
Return on assets TTM 1.03%
Return on equity TTM 10.75%
Profit margin 24.06%
Book value 42.441
Market capitalisation US$202.5 billion

TTM: trailing 12 months

Shorting Wells Fargo shares

There are currently 45.8 million Wells Fargo shares held short by investors – that's known as Wells Fargo's "short interest". This figure is 3.4% down from 47.4 million last month.

There are a few different ways that this level of interest in shorting Wells Fargo shares can be evaluated.

Wells Fargo's "short interest ratio" (SIR)

Wells Fargo's "short interest ratio" (SIR) is the quantity of Wells Fargo shares currently shorted divided by the average quantity of Wells Fargo shares traded daily (recently around 32.2 million). Wells Fargo's SIR currently stands at 1.42. In other words for every 100,000 Wells Fargo shares traded daily on the market, roughly 1420 shares are currently held short.

However Wells Fargo's short interest can also be evaluated against the total number of Wells Fargo shares, or, against the total number of tradable Wells Fargo shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Wells Fargo's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Wells Fargo shares in existence, roughly 10 shares are currently held short) or 0.0112% of the tradable shares (for every 100,000 tradable Wells Fargo shares, roughly 11 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Wells Fargo.

Find out more about how you can short Wells Fargo stock.

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 12/31/2018) 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

Wells Fargo & Company was last rated for ESG on: 2019-01-01.

Total ESG score 34.31
Total ESG percentile 62.92
Environmental score 2.65
Environmental score percentile 4
Social score 15.06
Social score percentile 4
Governance score 16.6
Governance score percentile 4
Level of controversy 5

Wells Fargo share dividends

10%

Dividend payout ratio: 9.9% of net profits

Recently Wells Fargo has paid out, on average, around 9.9% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.58% 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 1.58% return on their shares, in the form of dividend payments. In Wells Fargo's case, that would currently equate to about $0.5 per share.

While Wells Fargo's payout ratio might seem low, this can signify that Wells Fargo is investing more in its future growth.

Wells Fargo's most recent dividend payout was on 31 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 August 2021 (the "ex-dividend date").

Have Wells Fargo's shares ever split?

Wells Fargo's shares were split on a 2:1 basis on 13 August 2006. So if you had owned 1 share the day before before the split, the next day you'd have owned 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 share price volatility

Over the last 12 months, Wells Fargo's shares have ranged in value from as little as US$20.466 up to US$51.41. A popular way to gauge a stock's volatility is its "beta".

WFC.US volatility(beta: 1.29)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Wells Fargo's is 1.2942. This would suggest that Wells Fargo's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Wells Fargo overview

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Wells Fargo ranked No. 30 on Fortune's 2020 rankings of America's largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health and a low-carbon economy.

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