DA Davidson Has Bullish Estimate for WTFC FY2025 Earnings

Wintrust Financial Co. (NASDAQ:WTFC) – Equities researchers at DA Davidson boosted their FY2025 earnings estimates for Wintrust Financial in a research report issued to clients and investors on Wednesday, April 23rd. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $11.00 per share for the year, up from their previous estimate of $10.60. DA Davidson has a “Buy” rating and a $135.00 price objective on the stock. The consensus estimate for Wintrust Financial’s current full-year earnings is $10.36 per share.

Wintrust Financial (NASDAQ:WTFC) last released its earnings results on Monday, April 21st. The bank reported $2.69 EPS for the quarter, beating the consensus estimate of $2.52 by $0.17. The business had revenue of $643.11 million during the quarter, compared to analyst estimates of $643.11 million. Wintrust Financial had a net margin of 17.52% and a return on equity of 12.60%. During the same period in the prior year, the business earned $2.89 earnings per share.

A number of other equities analysts have also weighed in on WTFC. StockNews.com lowered Wintrust Financial from a “hold” rating to a “sell” rating in a research report on Saturday, February 15th. Hovde Group lifted their target price on shares of Wintrust Financial from $107.00 to $115.00 and gave the stock a “market perform” rating in a research report on Wednesday. Truist Financial reduced their price target on shares of Wintrust Financial from $150.00 to $137.00 and set a “buy” rating for the company in a research report on Friday. Barclays boosted their target price on shares of Wintrust Financial from $138.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Piper Sandler reaffirmed an “above average” rating on shares of Wintrust Financial in a research report on Wednesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $133.54.

Wintrust Financial Stock Performance

WTFC opened at $110.79 on Thursday. The business has a fifty day simple moving average of $110.76 and a 200-day simple moving average of $121.61. The firm has a market cap of $7.41 billion, a PE ratio of 10.75 and a beta of 0.94. The company has a quick ratio of 1.00, a current ratio of 1.01 and a debt-to-equity ratio of 0.71. Wintrust Financial has a fifty-two week low of $89.10 and a fifty-two week high of $142.04.

Wintrust Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Investors of record on Thursday, May 8th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, May 8th. This represents a $2.00 dividend on an annualized basis and a yield of 1.81%. Wintrust Financial’s dividend payout ratio is currently 19.78%.

Insider Activity at Wintrust Financial

In related news, CFO David L. Stoehr sold 2,363 shares of the company’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $131.32, for a total value of $310,309.16. Following the completion of the sale, the chief financial officer now directly owns 19,858 shares in the company, valued at approximately $2,607,752.56. This represents a 10.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO David A. Dykstra sold 4,213 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $131.31, for a total value of $553,209.03. Following the transaction, the chief operating officer now owns 206,294 shares in the company, valued at approximately $27,088,465.14. This trade represents a 2.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,178 shares of company stock valued at $1,336,315. 1.01% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Wintrust Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Park Place Capital Corp lifted its stake in shares of Wintrust Financial by 1,264.7% in the first quarter. Park Place Capital Corp now owns 232 shares of the bank’s stock worth $26,000 after buying an additional 215 shares during the last quarter. Opal Wealth Advisors LLC acquired a new position in Wintrust Financial during the 1st quarter worth $38,000. Millstone Evans Group LLC bought a new stake in Wintrust Financial during the fourth quarter valued at about $43,000. Global Retirement Partners LLC grew its position in shares of Wintrust Financial by 63.5% in the fourth quarter. Global Retirement Partners LLC now owns 376 shares of the bank’s stock valued at $47,000 after purchasing an additional 146 shares during the last quarter. Finally, Versant Capital Management Inc increased its stake in shares of Wintrust Financial by 32.1% in the fourth quarter. Versant Capital Management Inc now owns 539 shares of the bank’s stock worth $67,000 after purchasing an additional 131 shares during the period. Institutional investors and hedge funds own 93.48% of the company’s stock.

About Wintrust Financial

Wintrust Financial Corporation operates as a financial holding company. 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), online and mobile banking, and other services.