DA Davidson Raises Earnings Estimates for Wintrust Financial

Wintrust Financial Corporation (NASDAQ:WTFCFree Report) – Stock analysts at DA Davidson lifted their FY2026 earnings per share estimates for Wintrust Financial in a research note issued to investors on Wednesday, October 22nd. DA Davidson analyst J. Rulis now expects that the bank will earn $12.10 per share for the year, up from their prior forecast of $11.97. DA Davidson currently has a “Buy” rating and a $158.00 target price on the stock. The consensus estimate for Wintrust Financial’s current full-year earnings is $10.36 per share.

Wintrust Financial (NASDAQ:WTFCGet Free Report) last announced its quarterly earnings results on Monday, October 20th. The bank reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.43. Wintrust Financial had a return on equity of 13.05% and a net margin of 18.85%.The company had revenue of $697.84 million during the quarter, compared to the consensus estimate of $689.10 million. During the same period in the previous year, the company posted $2.47 earnings per share.

Several other research firms have also issued reports on WTFC. Wall Street Zen raised shares of Wintrust Financial from a “sell” rating to a “hold” rating in a research note on Saturday, July 12th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Wintrust Financial in a research report on Wednesday, October 8th. Raymond James Financial reissued a “strong-buy” rating and issued a $157.00 price objective (up from $155.00) on shares of Wintrust Financial in a report on Wednesday, July 23rd. Truist Financial upped their target price on Wintrust Financial from $151.00 to $158.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Barclays reissued an “overweight” rating and issued a $175.00 price target on shares of Wintrust Financial in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $152.92.

Read Our Latest Stock Report on WTFC

Wintrust Financial Stock Up 0.1%

WTFC stock opened at $126.10 on Friday. Wintrust Financial has a one year low of $89.10 and a one year high of $142.04. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.01 and a current ratio of 1.01. The firm’s fifty day moving average is $132.44 and its 200 day moving average is $124.39. The firm has a market cap of $8.44 billion, a PE ratio of 11.59 and a beta of 0.83.

Wintrust Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 20th. Shareholders of record on Thursday, November 6th will be issued a $0.50 dividend. The ex-dividend date is Thursday, November 6th. This represents a $2.00 dividend on an annualized basis and a yield of 1.6%. Wintrust Financial’s dividend payout ratio (DPR) is presently 18.38%.

Insider Transactions at Wintrust Financial

In other news, COO David A. Dykstra sold 14,942 shares of the company’s stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $131.53, for a total transaction of $1,965,321.26. Following the completion of the sale, the chief operating officer owned 182,208 shares of the company’s stock, valued at $23,965,818.24. This represents a 7.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.01% of the stock is currently owned by company insiders.

Institutional Trading of Wintrust Financial

Hedge funds have recently bought and sold shares of the business. Earnest Partners LLC lifted its stake in Wintrust Financial by 7.4% in the 1st quarter. Earnest Partners LLC now owns 1,410,773 shares of the bank’s stock worth $158,656,000 after purchasing an additional 97,587 shares in the last quarter. Invesco Ltd. lifted its position in Wintrust Financial by 9.0% during the second quarter. Invesco Ltd. now owns 1,229,858 shares of the bank’s stock worth $152,478,000 after buying an additional 101,134 shares in the last quarter. Jennison Associates LLC lifted its position in Wintrust Financial by 16.0% during the second quarter. Jennison Associates LLC now owns 936,834 shares of the bank’s stock worth $116,149,000 after buying an additional 129,444 shares in the last quarter. Northern Trust Corp boosted its stake in Wintrust Financial by 20.2% during the first quarter. Northern Trust Corp now owns 852,583 shares of the bank’s stock worth $95,881,000 after buying an additional 143,401 shares during the last quarter. Finally, Reinhart Partners LLC. grew its holdings in Wintrust Financial by 12.2% in the 2nd quarter. Reinhart Partners LLC. now owns 751,481 shares of the bank’s stock valued at $93,170,000 after buying an additional 81,763 shares in the last quarter. Institutional investors and hedge funds own 93.48% of the company’s stock.

About Wintrust Financial

(Get Free Report)

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.

See Also

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

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