Wintrust Financial Corp (NASDAQ:WTFC) – Stock analysts at SunTrust Banks boosted their Q1 2018 earnings per share (EPS) estimates for shares of Wintrust Financial in a research report issued on Monday. SunTrust Banks analyst M. Young now forecasts that the bank will post earnings of $1.41 per share for the quarter, up from their previous forecast of $1.17. SunTrust Banks currently has a “Hold” rating and a $94.00 price target on the stock. SunTrust Banks also issued estimates for Wintrust Financial’s Q2 2018 earnings at $1.45 EPS, Q3 2018 earnings at $1.50 EPS, Q4 2018 earnings at $1.49 EPS, FY2018 earnings at $5.85 EPS and FY2019 earnings at $6.49 EPS.

Wintrust Financial (NASDAQ:WTFC) last released its earnings results on Wednesday, October 18th. The bank reported $1.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.04. Wintrust Financial had a return on equity of 9.32% and a net margin of 19.74%. The firm had revenue of $295.70 million during the quarter, compared to analysts’ expectations of $298.96 million. During the same quarter last year, the business posted $0.92 earnings per share. The firm’s revenue was up 9.0% on a year-over-year basis.

Several other analysts have also recently issued reports on WTFC. Zacks Investment Research upgraded Wintrust Financial from a “hold” rating to a “buy” rating and set a $79.00 target price for the company in a research report on Wednesday, September 13th. Keefe, Bruyette & Woods reissued a “buy” rating on shares of Wintrust Financial in a research note on Tuesday, September 26th. Royal Bank of Canada reissued a “buy” rating and set a $84.00 price target on shares of Wintrust Financial in a research note on Friday, October 20th. Finally, BidaskClub lowered Wintrust Financial from a “buy” rating to a “hold” rating in a research note on Friday, December 15th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $86.88.

Shares of Wintrust Financial (NASDAQ:WTFC) opened at $85.41 on Wednesday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 1.01. Wintrust Financial has a 1 year low of $64.14 and a 1 year high of $86.80. The stock has a market capitalization of $4,800.00, a PE ratio of 20.48, a P/E/G ratio of 1.23 and a beta of 0.83.

In related news, EVP David A. Dykstra sold 22,476 shares of the stock in a transaction that occurred on Monday, October 23rd. The stock was sold at an average price of $79.86, for a total transaction of $1,794,933.36. Following the completion of the transaction, the executive vice president now directly owns 188,604 shares of the company’s stock, valued at $15,061,915.44. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Leona A. Gleason sold 8,441 shares of the stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $80.78, for a total value of $681,863.98. The disclosure for this sale can be found here. Over the last three months, insiders have sold 44,500 shares of company stock valued at $3,563,512. 1.97% of the stock is owned by corporate insiders.

Several large investors have recently bought and sold shares of the company. Atlantic Trust Group LLC bought a new stake in shares of Wintrust Financial in the 3rd quarter valued at approximately $1,263,000. Public Employees Retirement System of Ohio lifted its stake in shares of Wintrust Financial by 192.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 27,341 shares of the bank’s stock valued at $2,141,000 after purchasing an additional 18,007 shares during the last quarter. GSA Capital Partners LLP bought a new stake in shares of Wintrust Financial in the 3rd quarter valued at approximately $558,000. Sterling Capital Management LLC lifted its stake in shares of Wintrust Financial by 6.3% in the 3rd quarter. Sterling Capital Management LLC now owns 379,331 shares of the bank’s stock valued at $29,705,000 after purchasing an additional 22,331 shares during the last quarter. Finally, California Public Employees Retirement System lifted its stake in shares of Wintrust Financial by 2.3% in the 3rd quarter. California Public Employees Retirement System now owns 119,823 shares of the bank’s stock valued at $9,383,000 after purchasing an additional 2,723 shares during the last quarter. 91.60% of the stock is owned by institutional investors and hedge funds.

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About Wintrust Financial

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.

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

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