Wintrust Financial (WTFC) Set to Announce Quarterly Earnings on Tuesday

Wintrust Financial (NASDAQ:WTFC) is scheduled to post its quarterly earnings results after the market closes on Tuesday, January 16th. Analysts expect Wintrust Financial to post earnings of $1.11 per share for the quarter.

Wintrust Financial (NASDAQ:WTFC) last released its quarterly earnings data on Wednesday, October 18th. The bank reported $1.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.04. Wintrust Financial had a net margin of 19.74% and a return on equity of 9.32%. The business had revenue of $295.70 million during the quarter, compared to analyst estimates of $298.96 million. During the same quarter last year, the business earned $0.92 earnings per share. Wintrust Financial’s quarterly revenue was up 9.0% compared to the same quarter last year. On average, analysts expect Wintrust Financial to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Wintrust Financial (NASDAQ WTFC) opened at $83.82 on Tuesday. Wintrust Financial has a 12-month low of $64.14 and a 12-month high of $86.80. 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 company has a market cap of $4,657.85, a price-to-earnings ratio of 20.10, a price-to-earnings-growth ratio of 1.23 and a beta of 0.83.

Several equities analysts have commented on the stock. SunTrust Banks reiterated a “hold” rating and set a $88.00 price objective on shares of Wintrust Financial in a research report on Wednesday, November 29th. Zacks Investment Research upgraded shares of Wintrust Financial from a “hold” rating to a “buy” rating and set a $92.00 price objective for the company in a research report on Saturday. BidaskClub lowered shares of Wintrust Financial from a “buy” rating to a “hold” rating in a research report on Friday, December 15th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $90.00 price objective on shares of Wintrust Financial in a research report on Thursday, December 14th. Finally, Royal Bank of Canada reiterated a “buy” rating and set a $84.00 price objective on shares of Wintrust Financial in a research report on Friday, October 20th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Wintrust Financial currently has a consensus rating of “Hold” and an average target price of $84.63.

In other news, EVP David A. Dykstra sold 22,476 shares of the firm’s stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $79.86, for a total value of $1,794,933.36. Following the completion of the sale, the executive vice president now owns 188,604 shares in the company, valued at approximately $15,061,915.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ingrid S. Stafford sold 1,405 shares of the firm’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $80.63, for a total transaction of $113,285.15. Following the completion of the sale, the director now owns 20,746 shares of the company’s stock, valued at approximately $1,672,749.98. The disclosure for this sale can be found here. Insiders sold a total of 44,500 shares of company stock valued at $3,563,512 in the last 90 days. Company insiders own 1.97% of the company’s stock.

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Wintrust Financial Company Profile

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.

Earnings History for Wintrust Financial (NASDAQ:WTFC)

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