Wintrust Financial (WTFC) to Release Quarterly Earnings on Monday

Wintrust Financial (NASDAQ:WTFC) will post its quarterly earnings results after the market closes on Monday, April 16th. Analysts expect Wintrust Financial to post earnings of $1.27 per share for the quarter.

Wintrust Financial (NASDAQ:WTFC) last released its earnings results on Monday, January 22nd. The bank reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.13 by $0.04. Wintrust Financial had a net margin of 20.35% and a return on equity of 9.49%. The business had revenue of $300.14 million for the quarter, compared to the consensus estimate of $299.47 million. During the same period in the previous year, the firm earned $0.94 EPS. The business’s revenue for the quarter was up 8.7% on a year-over-year basis. On average, analysts expect Wintrust Financial to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

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WTFC stock opened at $85.99 on Monday. Wintrust Financial has a 52-week low of $64.14 and a 52-week high of $91.67. The company has a current ratio of 1.01, a quick ratio of 0.99 and a debt-to-equity ratio of 0.43. The company has a market cap of $4,834.62, a PE ratio of 19.54, a PEG ratio of 1.14 and a beta of 0.83.

In related news, CFO David L. Stoehr sold 5,268 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $87.59, for a total transaction of $461,424.12. Following the transaction, the chief financial officer now directly owns 11,347 shares of the company’s stock, valued at $993,883.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Edward J. Wehmer sold 14,173 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $87.66, for a total transaction of $1,242,405.18. Following the transaction, the insider now directly owns 134,864 shares in the company, valued at $11,822,178.24. The disclosure for this sale can be found here. Over the last ninety days, insiders have purchased 21 shares of company stock worth $1,170 and have sold 30,676 shares worth $2,687,566. Insiders own 2.00% of the company’s stock.

A number of research firms have recently issued reports on WTFC. Zacks Investment Research restated a “hold” rating on shares of Wintrust Financial in a report on Saturday. Piper Jaffray restated a “hold” rating and set a $91.00 price target on shares of Wintrust Financial in a report on Friday. BidaskClub upgraded shares of Wintrust Financial from a “hold” rating to a “buy” rating in a report on Wednesday, April 4th. UBS began coverage on shares of Wintrust Financial in a report on Thursday, March 22nd. They set a “neutral” rating and a $93.00 price target on the stock. Finally, FIG Partners lowered shares of Wintrust Financial from an “outperform” rating to a “market perform” rating in a report on Monday, March 12th. Nine analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $90.90.

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About Wintrust Financial

Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), Internet banking, and other services.

Earnings History for Wintrust Financial (NASDAQ:WTFC)

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