News articles about Wintrust Financial Corp (NASDAQ:WTFC) have been trending somewhat positive this week, according to AlphaOne Sentiment. AlphaOne, a unit of Accern, rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Wintrust Financial Corp earned a coverage optimism score of 0.18 on AlphaOne’s scale. AlphaOne also assigned headlines about the bank an impact score of 65 out of 100, indicating that recent media coverage is somewhat likely to have an impact on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted AlphaOne Sentiment Analysis’s rankings:
- Wintrust Financial Corp (WTFC) Upgraded to Buy at Zacks Investment Research (americanbankingnews.com)
- Wintrust Financial Corp. – Value Analysis (NASDAQ:WTFC) : May 19, 2017 (finance.yahoo.com)
- Zacks Investment Research Lowers Wintrust Financial Corp (WTFC) to Hold (americanbankingnews.com)
- Wintrust Financial Corp. breached its 50 day moving average in a Bearish Manner : WTFC-US : May 18, 2017 (finance.yahoo.com)
WTFC has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Wintrust Financial Corp from a “hold” rating to a “buy” rating and set a $77.00 price objective on the stock in a research note on Saturday. Keefe, Bruyette & Woods restated a “buy” rating and set a $74.00 price objective on shares of Wintrust Financial Corp in a research note on Thursday, April 20th. Jefferies Group LLC restated a “hold” rating and set a $80.00 price objective on shares of Wintrust Financial Corp in a research note on Wednesday, April 5th. Finally, Hovde Group boosted their price objective on shares of Wintrust Financial Corp from $74.00 to $76.50 and gave the stock a “market perform” rating in a research note on Tuesday, April 25th. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Wintrust Financial Corp presently has a consensus rating of “Buy” and a consensus target price of $72.92.
Wintrust Financial Corp (NASDAQ:WTFC) opened at 68.99 on Friday. The firm has a market capitalization of $3.84 billion, a price-to-earnings ratio of 18.35 and a beta of 0.89. The stock’s 50 day moving average is $69.89 and its 200 day moving average is $69.50. Wintrust Financial Corp has a 1-year low of $46.62 and a 1-year high of $76.71.
Wintrust Financial Corp (NASDAQ:WTFC) last released its quarterly earnings results on Tuesday, April 18th. The bank reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.10. Wintrust Financial Corp had a net margin of 18.18% and a return on equity of 8.80%. The company had revenue of $261.35 million for the quarter, compared to analyst estimates of $268.40 million. During the same period last year, the firm earned $0.90 earnings per share. Analysts predict that Wintrust Financial Corp will post $4.09 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, May 25th. Investors of record on Thursday, May 11th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Tuesday, May 9th. Wintrust Financial Corp’s payout ratio is currently 15.30%.
In related news, Director Peter D. Crist sold 23,225 shares of the firm’s stock in a transaction dated Friday, April 21st. The shares were sold at an average price of $69.82, for a total transaction of $1,621,569.50. Following the transaction, the director now directly owns 73,550 shares of the company’s stock, valued at $5,135,261. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David L. Larson sold 1,519 shares of the firm’s stock in a transaction dated Wednesday, April 26th. The shares were sold at an average price of $73.20, for a total transaction of $111,190.80. Following the transaction, the insider now directly owns 6,574 shares in the company, valued at $481,216.80. The disclosure for this sale can be found here. 2.00% of the stock is owned by company insiders.
Wintrust Financial Corp Company Profile
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.
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