How to buy Wells Fargo shares
Own Wells Fargo shares in just a few minutes.
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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$46.96 – an increase of 0.51% 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 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.
- 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.
- 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.
- 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.
- Decide on how many to buy. At last close price of US$46.96, 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 on directors and management that can affect your stock.
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
- Can I short Wells Fargo shares?
- 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 share priceUse our graph to track the performance of WFC stocks over time.
Wells Fargo shares at a glance
|52-week range||US$20.5551 - US$48.13|
|50-day moving average||US$45.9694|
|200-day moving average||US$37.4165|
|Dividend yield||US$0.81 (1.76%)|
|Earnings per share (TTM)||US$1.456|
Compare share trading platforms to buy stock
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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 price performance over time
|1 week (2021-06-02)||0.32%|
|1 month (2021-05-13)||1.21%|
|3 months (2021-03-12)||17.49%|
|6 months (2020-12-11)||61.49%|
|1 year (2020-06-12)||67.89%|
|2 years (2019-06-12)||4.56%|
|3 years (2018-06-12)||-15.20%|
|5 years (2016-06-10)||-2.85%|
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 31x. In other words, Wells Fargo shares trade at around 31x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-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 0.2651. 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$63.7 billion|
|Operating margin TTM||10.5%|
|Gross profit TTM||US$58.3 billion|
|Return on assets TTM||0.4%|
|Return on equity TTM||4.24%|
|Market capitalisation||US$186.4 billion|
TTM: trailing 12 months
Shorting Wells Fargo shares
There are currently 48.4 million Wells Fargo shares held short by investors – that's known as Wells Fargo's "short interest". This figure is 5.9% down from 51.5 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 26.2 million). Wells Fargo's SIR currently stands at 1.85. In other words for every 100,000 Wells Fargo shares traded daily on the market, roughly 1850 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 0.0117% of the tradable shares (for every 100,000 tradable Wells Fargo shares, roughly 12 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
|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 share dividends
Dividend payout ratio: 20.9% of net profits
Recently Wells Fargo has paid out, on average, around 20.9% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.87% 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 0.87% return on their shares, in the form of dividend payments. In Wells Fargo's case, that would currently equate to about $0.81 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 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 5 May 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$20.5551 up to US$48.13. A popular way to gauge a stock's volatility is its "beta".
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 1.3582. 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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