Wall Street analysts expect Wintrust Financial Corp (NASDAQ:WTFC) to announce earnings per share of $1.13 for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Wintrust Financial’s earnings, with the lowest EPS estimate coming in at $1.12 and the highest estimate coming in at $1.16. Wintrust Financial reported earnings per share of $0.94 in the same quarter last year, which would suggest a positive year over year growth rate of 20.2%. The company is expected to announce its next earnings results on Wednesday, January 17th.

According to Zacks, analysts expect that Wintrust Financial will report full-year earnings of $4.38 per share for the current fiscal year, with EPS estimates ranging from $4.35 to $4.46. For the next fiscal year, analysts forecast that the business will post earnings of $5.01 per share, with EPS estimates ranging from $4.78 to $5.74. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Wintrust Financial.

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Wintrust Financial (NASDAQ:WTFC) last posted its quarterly earnings results on Wednesday, October 18th. The bank reported $1.12 earnings per share (EPS) for the quarter, beating the 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 period in the prior year, the business posted $0.92 earnings per share. The company’s revenue was up 9.0% on a year-over-year basis.

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

In other Wintrust Financial 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 directly owns 188,604 shares in the company, valued at $15,061,915.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gary D. Sweeney acquired 338 shares of the stock in a transaction on Tuesday, October 24th. The stock was bought at an average price of $80.58 per share, with a total value of $27,236.04. Following the completion of the acquisition, 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. Insiders sold 44,500 shares of company stock valued at $3,563,512 over the last 90 days. 2.00% of the stock is currently owned by company insiders.

A number of institutional investors and hedge funds have recently modified their holdings of WTFC. Advisors Asset Management Inc. bought a new position in shares of Wintrust Financial during the second quarter valued at approximately $121,000. Meeder Asset Management Inc. bought a new position in shares of Wintrust Financial during the third quarter valued at approximately $183,000. Magnetar Financial LLC bought a new position in shares of Wintrust Financial during the third quarter valued at approximately $204,000. Csenge Advisory Group bought a new position in shares of Wintrust Financial during the third quarter valued at approximately $212,000. Finally, Adviser Investments LLC bought a new position in shares of Wintrust Financial during the third quarter valued at approximately $214,000. Institutional investors and hedge funds own 91.60% of the company’s stock.

Wintrust Financial (NASDAQ:WTFC) traded up $0.79 during trading on Thursday, hitting $83.29. 283,351 shares of the stock were exchanged, compared to its average volume of 380,730. The company has a current ratio of 1.01, a quick ratio of 0.99 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $4,660.00, a price-to-earnings ratio of 19.97, a P/E/G ratio of 1.26 and a beta of 0.83. Wintrust Financial has a one year low of $64.14 and a one year high of $86.80.

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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.

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Earnings History and Estimates for Wintrust Financial (NASDAQ:WTFC)

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