Wintrust Financial Corp (NASDAQ:WTFC) – Jefferies Group raised their FY2018 EPS estimates for Wintrust Financial in a report issued on Monday. Jefferies Group analyst C. Haire now expects that the bank will post earnings per share of $5.65 for the year, up from their prior estimate of $4.85. Jefferies Group also issued estimates for Wintrust Financial’s FY2019 earnings at $6.10 EPS.

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

WTFC has been the topic of a number of other research reports. Royal Bank of Canada reiterated a “buy” rating and set a $84.00 target price on shares of Wintrust Financial in a research report on Friday, October 20th. Zacks Investment Research cut Wintrust Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, September 19th. BidaskClub cut Wintrust Financial from a “buy” rating to a “hold” rating in a research report on Friday, December 15th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $90.00 price target on shares of Wintrust Financial in a research report on Thursday, December 14th. Finally, ValuEngine upgraded Wintrust Financial from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Wintrust Financial currently has an average rating of “Hold” and an average target price of $86.88.

Wintrust Financial (NASDAQ WTFC) traded up $1.19 on Wednesday, hitting $86.60. The stock had a trading volume of 468,900 shares, compared to its average volume of 364,857. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.01 and a quick ratio of 0.99. Wintrust Financial has a twelve month low of $64.14 and a twelve month high of $87.44. The firm has a market capitalization of $4,890.00, a PE ratio of 20.77, a P/E/G ratio of 1.23 and a beta of 0.83.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WTFC. Meeder Asset Management Inc. acquired a new stake in Wintrust Financial during the third quarter worth about $183,000. Magnetar Financial LLC acquired a new stake in Wintrust Financial during the third quarter worth about $204,000. Csenge Advisory Group acquired a new stake in Wintrust Financial during the third quarter worth about $212,000. Adviser Investments LLC acquired a new stake in Wintrust Financial during the third quarter worth about $214,000. Finally, Jane Street Group LLC acquired a new stake in Wintrust Financial during the third quarter worth about $260,000. Hedge funds and other institutional investors own 91.60% of the company’s stock.

In other news, insider Leona A. Gleason sold 8,441 shares of the stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $80.78, for a total transaction of $681,863.98. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Thomas P. Zidar sold 3,178 shares of the stock in a transaction dated Thursday, October 26th. The stock was sold at an average price of $80.00, for a total transaction of $254,240.00. Following the transaction, the insider now directly owns 31,239 shares in the company, valued at approximately $2,499,120. The disclosure for this sale can be found here. Over the last three months, insiders sold 44,500 shares of company stock valued at $3,563,512. 1.97% of the stock is currently owned by corporate insiders.

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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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