|Bid||48.38 x 1400|
|Ask||48.42 x 1800|
|Day's range||45.71 - 48.74|
|52-week range||20.76 - 51.41|
|Beta (5Y monthly)||1.36|
|PE ratio (TTM)||33.23|
|Earnings date||14 Jan 2022|
|Forward dividend & yield||0.80 (1.72%)|
|Ex-dividend date||05 Aug 2021|
|1y target est||50.35|
Third-quarter earnings are set to ramp further this week, after big banks beat consensus estimates. New data on the housing market will also be in focus.
Kenneth Leon, CFRA Research Director, joins Yahoo Finance Live to discuss the outlook on banks following earnings and looking ahead to next year.
Overall, investors didn't seem pleased, sending the stock down about 1.5% yesterday. While regulatory work remains for the embattled bank, Wells Fargo continues to make progress in cutting expenses, as well as ramping up other areas of the bank like credit card lending and investment banking.