[ Business Wire] – Wells Fargo & Company is scheduled to announce its first quarter 2016 earnings on Thursday, April 14, 2016, at 5 a.m. PT . The news release will be available at https://www.wellsfargo.com/about/investor-relations/quarterly-earnings/. Read more on this. Wells Fargo & Company (WFC) , with a current value of $245.74B, started trading this morning at $48.05. Looking at today’s trading action, the company’s one day range from $47.57 to $48.41 with a trailing 52-week range being $44.50 to $58.77. WFC shares are currently priced at 10.55x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 13.79x earnings multiple. The company pays shareholders $1.50 per share annually in dividends, yielding 3.17%. According to a consensus of 29 analysts, the earnings estimate of $1.00 per share would be $0.04 worse than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $4.28, which would be a $0.13 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $21.70 Billion. If realized, that would be a 1.97% increase over the year-ago quarter. More recently, Susquehanna upgraded WFC from Neutral to Positive (Jan 20, 2016). Previously, Keefe Bruyette upgraded WFC from Mkt Perform to Outperform. With the above information in mind, readers should note that the average price target is $57.37, which is 19.40% above where the stock opened this morning. See more in (NYSE:WFC) Similar Articles: Stock Update: Wells Fargo & Co (NYSE:WFC) – Wells Fargo Closed-End Funds Declare Monthly Dividends Stock Update: Wells Fargo & Co (NYSE:WFC) – Wells Fargo HomeLIFT Program to Help St. Louis Homebuyers Stock Update: Wells Fargo & Co (NYSE:WFC) – Wells Fargo Eyes Metro Park for New Commercial Hub in Central NJ