DA Davidson Boosts Earnings Estimates for Wintrust Financial

Wintrust Financial Co. (NASDAQ:WTFC) – DA Davidson increased their FY2025 earnings per share (EPS) estimates for shares of Wintrust Financial in a report issued on Thursday, January 23rd. DA Davidson analyst J. Rulis now expects that the bank will post earnings of $11.30 per share for the year, up from their previous estimate of $10.50. DA Davidson has a “Buy” rating and a $130.00 price target on the stock. The consensus estimate for Wintrust Financial’s current full-year earnings is $10.17 per share.

Wintrust Financial (NASDAQ:WTFC) last issued its quarterly earnings results on Tuesday, January 21st. The bank reported $2.63 EPS for the quarter, topping the consensus estimate of $2.52 by $0.11. Wintrust Financial had a return on equity of 12.60% and a net margin of 17.52%. During the same quarter in the previous year, the business earned $1.87 earnings per share.

Other equities analysts have also issued reports about the stock. Wedbush restated an “outperform” rating and set a $130.00 price target on shares of Wintrust Financial in a research report on Tuesday, October 22nd. Citigroup boosted their target price on Wintrust Financial from $126.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Raymond James reaffirmed a “strong-buy” rating and issued a $150.00 price target (up previously from $135.00) on shares of Wintrust Financial in a report on Thursday. Barclays boosted their price objective on Wintrust Financial from $151.00 to $155.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Piper Sandler raised their target price on Wintrust Financial from $151.00 to $156.00 and gave the stock an “overweight” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $133.69.

Wintrust Financial Trading Down 0.9 %

Shares of WTFC opened at $131.79 on Monday. The firm’s fifty day moving average is $131.10 and its two-hundred day moving average is $116.92. The stock has a market cap of $8.76 billion, a PE ratio of 12.78 and a beta of 1.20. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.71. Wintrust Financial has a 52-week low of $89.68 and a 52-week high of $142.04.

Wintrust Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th will be given a dividend of $0.50 per share. The ex-dividend date is Thursday, February 6th. This is a boost from Wintrust Financial’s previous quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.52%. Wintrust Financial’s dividend payout ratio (DPR) is currently 19.40%.

Insider Activity

In other Wintrust Financial news, COO David A. Dykstra sold 15,492 shares of Wintrust Financial stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $115.48, for a total value of $1,789,016.16. Following the completion of the transaction, the chief operating officer now directly owns 197,591 shares of the company’s stock, valued at $22,817,808.68. The trade was a 7.27 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Richard B. Murphy sold 4,099 shares of the business’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $115.63, for a total transaction of $473,967.37. Following the sale, the insider now owns 42,311 shares in the company, valued at $4,892,420.93. This trade represents a 8.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.47% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Jane Street Group LLC boosted its position in Wintrust Financial by 530.3% in the 3rd quarter. Jane Street Group LLC now owns 39,135 shares of the bank’s stock valued at $4,247,000 after buying an additional 32,926 shares during the period. Retirement Systems of Alabama raised its stake in shares of Wintrust Financial by 6.0% in the third quarter. Retirement Systems of Alabama now owns 80,782 shares of the bank’s stock valued at $8,767,000 after acquiring an additional 4,562 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Wintrust Financial by 36.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 802,841 shares of the bank’s stock worth $87,132,000 after purchasing an additional 213,559 shares in the last quarter. State Street Corp increased its holdings in Wintrust Financial by 5.1% during the 3rd quarter. State Street Corp now owns 2,627,561 shares of the bank’s stock worth $285,169,000 after purchasing an additional 126,724 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its position in Wintrust Financial by 7.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 203,285 shares of the bank’s stock valued at $22,063,000 after purchasing an additional 14,699 shares in the last quarter. Institutional investors and hedge funds own 93.48% of the company’s stock.

Wintrust Financial Company Profile

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.