Media headlines about Wintrust Financial (NASDAQ:WTFC) have trended positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Wintrust Financial earned a news impact score of 0.34 on Accern’s scale. Accern also assigned headlines about the bank an impact score of 45.2477296616838 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Wintrust Financial (NASDAQ:WTFC) traded down $0.90 during mid-day trading on Friday, hitting $82.37. 214,210 shares of the company traded hands, compared to its average volume of 414,673. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 1.01. The firm has a market capitalization of $4,606.38, a PE ratio of 19.75, a P/E/G ratio of 1.39 and a beta of 0.83. Wintrust Financial has a twelve month low of $64.14 and a twelve month high of $86.80.
Wintrust Financial (NASDAQ:WTFC) last posted its quarterly earnings results on Wednesday, October 18th. The bank reported $1.12 EPS for the quarter, topping the consensus estimate of $1.08 by $0.04. The business had revenue of $295.70 million during the quarter, compared to analysts’ expectations of $298.96 million. Wintrust Financial had a net margin of 19.74% and a return on equity of 9.32%. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period last year, the company posted $0.92 earnings per share. analysts predict that Wintrust Financial will post 4.38 EPS for the current fiscal year.
Several brokerages have recently issued reports on WTFC. BidaskClub raised shares of Wintrust Financial from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Zacks Investment Research raised shares of Wintrust Financial from a “hold” rating to a “buy” rating and set a $94.00 target price on the stock in a research report on Wednesday. Keefe, Bruyette & Woods reissued a “buy” rating on shares of Wintrust Financial in a research report on Tuesday, September 26th. Royal Bank of Canada reissued a “buy” rating and issued a $84.00 target price on shares of Wintrust Financial in a research report on Friday, September 8th. Finally, SunTrust Banks reissued a “hold” rating and issued a $88.00 target price on shares of Wintrust Financial in a research report on Wednesday, November 29th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $84.88.
In other Wintrust Financial news, insider Thomas P. Zidar sold 3,178 shares of Wintrust Financial stock in a transaction that occurred on Thursday, October 26th. The shares were sold at an average price of $80.00, for a total value of $254,240.00. Following the completion of the sale, the insider now directly owns 31,239 shares in the company, valued at $2,499,120. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gary D. Sweeney bought 338 shares of Wintrust Financial stock in a transaction on Tuesday, October 24th. The stock was acquired at an average price of $80.58 per share, with a total value of $27,236.04. Following the completion of the purchase, the director now directly owns 2,973 shares of the company’s stock, valued at $239,564.34. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 44,500 shares of company stock valued at $3,563,512. 2.00% of the stock is currently owned by corporate insiders.
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About Wintrust Financial
Wintrust Financial Corporation is a financial holding company. The Company conducts its businesses through three segments: community banking, specialty finance and wealth management. The Company offers community banking services to individuals, small to mid-sized businesses, local governmental units and institutional clients.
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