Media headlines about Wells Fargo & Co (NYSE:WFC) have been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Wells Fargo & Co earned a media sentiment score of -2.17 on their scale. InfoTrie also gave news articles about the financial services provider an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company’s share price in the next few days.
These are some of the media headlines that may have effected Wells Fargo & Co’s ranking:
- Wells Fargo gave $372,900 to Maine nonprofits in 2018 (mainebiz.biz)
- Wells Fargo Could Decline Further in the Weeks Ahead (realmoney.thestreet.com)
- Wells Fargo to hold annual meeting in Texas, raises CEO’s pay (bizjournals.com)
- Did Wells Fargo CEO Tim Sloan Earn His $1 Million Raise? (fool.com)
- WELLS FARGO & COMPANY WFC Files An 8-K Financial Statements and Exhibits (marketwatch.com)
Shares of NYSE:WFC opened at $50.35 on Friday. The stock has a market capitalization of $242.18 billion, a PE ratio of 11.50, a PEG ratio of 0.90 and a beta of 1.12. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 1.32. Wells Fargo & Co has a fifty-two week low of $43.02 and a fifty-two week high of $59.53.
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 1st were paid a $0.45 dividend. This is a boost from Wells Fargo & Co’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Thursday, January 31st. This represents a $1.80 annualized dividend and a dividend yield of 3.57%. Wells Fargo & Co’s dividend payout ratio (DPR) is 41.10%.
Several brokerages have issued reports on WFC. Credit Suisse Group lowered their price objective on shares of Wells Fargo & Co from $62.00 to $60.00 and set a “neutral” rating on the stock in a research report on Friday, December 7th. Zacks Investment Research raised shares of Wells Fargo & Co from a “sell” rating to a “hold” rating in a research report on Sunday, January 6th. ValuEngine downgraded shares of Wells Fargo & Co from a “hold” rating to a “sell” rating in a research report on Thursday, January 10th. Wolfe Research downgraded shares of Wells Fargo & Co from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 8th. Finally, Barclays lowered their target price on shares of Wells Fargo & Co from $66.00 to $64.00 and set an “overweight” rating on the stock in a report on Wednesday, January 2nd. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $61.33.
Wells Fargo & Co Company Profile
Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The company's Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business loans.
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