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Wells Fargo (WFC) Exceeds Market Returns: Some Facts to Consider
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Wells Fargo (WFC - Free Report) closed at $81.85 in the latest trading session, marking a +1.55% move from the prior day. This change outpaced the S&P 500's 0.44% gain on the day. Meanwhile, the Dow gained 0.36%, and the Nasdaq, a tech-heavy index, added 0.54%.
Heading into today, shares of the biggest U.S. mortgage lender had gained 0.22% over the past month, outpacing the Finance sector's loss of 2.92% and the S&P 500's loss of 3.31%.
Investors will be eagerly watching for the performance of Wells Fargo in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 14, 2026. The company's upcoming EPS is projected at $1.57, signifying a 23.62% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $21.71 billion, reflecting a 7.73% rise from the equivalent quarter last year.
WFC's full-year Zacks Consensus Estimates are calling for earnings of $6.91 per share and revenue of $88.1 billion. These results would represent year-over-year changes of +10.03% and +5.26%, respectively.
Any recent changes to analyst estimates for Wells Fargo should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.2% lower. Wells Fargo currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Wells Fargo is at present trading with a Forward P/E ratio of 11.67. This expresses a discount compared to the average Forward P/E of 13.03 of its industry.
It's also important to note that WFC currently trades at a PEG ratio of 0.86. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Financial - Investment Bank industry was having an average PEG ratio of 1.07.
The Financial - Investment Bank industry is part of the Finance sector. With its current Zacks Industry Rank of 97, this industry ranks in the top 40% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Wells Fargo (WFC) Exceeds Market Returns: Some Facts to Consider
Wells Fargo (WFC - Free Report) closed at $81.85 in the latest trading session, marking a +1.55% move from the prior day. This change outpaced the S&P 500's 0.44% gain on the day. Meanwhile, the Dow gained 0.36%, and the Nasdaq, a tech-heavy index, added 0.54%.
Heading into today, shares of the biggest U.S. mortgage lender had gained 0.22% over the past month, outpacing the Finance sector's loss of 2.92% and the S&P 500's loss of 3.31%.
Investors will be eagerly watching for the performance of Wells Fargo in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 14, 2026. The company's upcoming EPS is projected at $1.57, signifying a 23.62% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $21.71 billion, reflecting a 7.73% rise from the equivalent quarter last year.
WFC's full-year Zacks Consensus Estimates are calling for earnings of $6.91 per share and revenue of $88.1 billion. These results would represent year-over-year changes of +10.03% and +5.26%, respectively.
Any recent changes to analyst estimates for Wells Fargo should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.2% lower. Wells Fargo currently has a Zacks Rank of #3 (Hold).
In the context of valuation, Wells Fargo is at present trading with a Forward P/E ratio of 11.67. This expresses a discount compared to the average Forward P/E of 13.03 of its industry.
It's also important to note that WFC currently trades at a PEG ratio of 0.86. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Financial - Investment Bank industry was having an average PEG ratio of 1.07.
The Financial - Investment Bank industry is part of the Finance sector. With its current Zacks Industry Rank of 97, this industry ranks in the top 40% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.