Wintrust Financial Corp. (NASDAQ:WTFC) is scheduled to be announcing its earnings results after the market closes on Monday, October 17th. Analysts expect the company to announce earnings of $0.90 per share for the quarter.

Wintrust Financial Corp. (NASDAQ:WTFC) last posted its quarterly earnings data on Tuesday, July 19th. The company reported $0.90 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.04. Wintrust Financial Corp. had a return on equity of 8.27% and a net margin of 16.55%. During the same quarter in the previous year, the company posted $0.85 EPS. On average, analysts expect Wintrust Financial Corp. to post $3.59 EPS for the current fiscal year and $3.82 EPS for the next fiscal year.

Earnings History for Wintrust Financial Corp. (NASDAQ:WTFC)

Wintrust Financial Corp. (NASDAQ:WTFC) traded up 0.41% on Friday, hitting $54.20. The stock had a trading volume of 128,856 shares. The company’s 50 day moving average is $55.24 and its 200-day moving average is $51.94. Wintrust Financial Corp. has a 12 month low of $37.96 and a 12 month high of $56.68. The stock has a market cap of $2.80 billion, a P/E ratio of 17.30 and a beta of 0.86.

In other news, insider Richard B. Murphy sold 1,293 shares of the stock in a transaction dated Thursday, July 21st. The stock was sold at an average price of $52.71, for a total value of $68,154.03. Following the transaction, the insider now directly owns 28,445 shares of the company’s stock, valued at $1,499,335.95. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.00% of the stock is owned by insiders.

Several hedge funds have recently modified their holdings of WTFC. BlackRock Investment Management LLC increased its stake in shares of Wintrust Financial Corp. by 11.2% in the second quarter. BlackRock Investment Management LLC now owns 222,201 shares of the company’s stock worth $11,332,000 after buying an additional 22,398 shares during the last quarter. BlackRock Inc. increased its stake in shares of Wintrust Financial Corp. by 373.3% in the second quarter. BlackRock Inc. now owns 38,545 shares of the company’s stock worth $1,966,000 after buying an additional 30,401 shares during the last quarter. BlackRock Fund Advisors increased its stake in shares of Wintrust Financial Corp. by 8.3% in the second quarter. BlackRock Fund Advisors now owns 3,365,629 shares of the company’s stock worth $171,647,000 after buying an additional 258,723 shares during the last quarter. BlackRock Group LTD increased its stake in shares of Wintrust Financial Corp. by 19.7% in the second quarter. BlackRock Group LTD now owns 105,359 shares of the company’s stock worth $5,374,000 after buying an additional 17,312 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. increased its stake in shares of Wintrust Financial Corp. by 6.4% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,712,718 shares of the company’s stock worth $87,349,000 after buying an additional 103,103 shares during the last quarter. Hedge funds and other institutional investors own 91.90% of the company’s stock.

WTFC has been the subject of several recent research reports. Zacks Investment Research lowered Wintrust Financial Corp. from a “buy” rating to a “hold” rating in a research report on Wednesday. Piper Jaffray Cos. reaffirmed a “neutral” rating and set a $53.00 target price (up from $52.00) on shares of Wintrust Financial Corp. in a research report on Sunday, July 24th. Finally, Hovde Group initiated coverage on Wintrust Financial Corp. in a research report on Wednesday, August 24th. They set a “market perform” rating and a $59.00 target price on the stock. Nine investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $53.10.

About Wintrust Financial Corp.

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 provides community-oriented, personal and commercial banking services to customers located in the Chicago metropolitan area and in southeastern Wisconsin through its banking subsidiaries (the banks).

5 Day Chart for NASDAQ:WTFC

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