WFC stock price remains steady at $58.10 as market watch sees increased volumes from ETFs tracking major banks. This stability reflects broader confidence in the financial sector’s Q2 earnings potential and credit market stability. Wells Fargo (WFC) is headquartered in San Francisco, and is in the Finance sector. The stock has seen a price change of 15.13% since the start of the year. The biggest U.S. mortgage lender is currently shelling out a dividend of $0.45 per share, with a dividend yield of 2.23%. This compares to the Financial - Investment Bank industry's yield of 0.94% and the S&P 500's yield of 1.5%. For the current fiscal year, ending in December, analysts expect WFC’s EPS to grow 6% year over year to $5.85 . The company’s earnings surprise history is promising. It exceeded the consensus estimates in each of the last four quarters. WFC stock price closed yesterday at $57.88, marking a moderate climb over the past five trading days. Market commentators underscore tight expense control as a likely driver of margin improvement going forward.
