Analysts count on sales decrease Wells Fargo, huge dividend

Wells Fargo will announce it's last quarter's results tomorrow. For this year Wells Fargo's revenue will be around 83,5 billion USD. This is according to the average of the analysts' estimates. This is slightly lower than 2018's revenue of 86,41 billion USD.

Historical revenues and results Wells Fargo plus estimates 2019

The analysts expect for 2019 a net profit of 21,04 billion USD. Most of the analysts anticipate on a profit per share of 4,69 USD. The price/earnings-ratio is then 10,1.

Huge dividend Wells Fargo

For this year most of the analysts expect a dividend of 1,89 USD per share. The dividend yield is then 3,99 percent. The average dividend yield of the banks is an attractive 49 percent.

Based on the current number of outstanding shares Wells Fargo's market capitalization is 231,67 billion USD. The Wells Fargo stock was the past 12 months quite unstable. Since last July the stock is 11 percent lower. This year the stock price moved between 43 and 60 dollar.

On Monday the stock closed at 47,36 USD.

Historical stock prices Wells Fargo

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