News coverage about Wintrust Financial (NASDAQ:WTFC) has trended somewhat positive recently, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Wintrust Financial earned a news impact score of 0.24 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 45.3875252078927 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
Shares of Wintrust Financial (WTFC) opened at $86.60 on Thursday. Wintrust Financial has a 52 week low of $64.14 and a 52 week high of $87.44. The company has a quick ratio of 0.99, a current ratio of 1.01 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $4,800.00, a price-to-earnings ratio of 20.77, a P/E/G ratio of 1.23 and a beta of 0.83.
Wintrust Financial (NASDAQ:WTFC) last issued its quarterly earnings results on Wednesday, October 18th. The bank reported $1.12 earnings per share for the quarter, beating 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 the consensus estimate of $298.96 million. During the same period last year, the company earned $0.92 earnings per share. The company’s revenue was up 9.0% on a year-over-year basis. analysts expect that Wintrust Financial will post 4.38 EPS for the current fiscal year.
A number of equities research analysts have recently weighed in on the stock. Piper Jaffray Companies restated a “hold” rating and issued a $86.00 price target on shares of Wintrust Financial in a research note on Tuesday. ValuEngine upgraded shares of Wintrust Financial from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research upgraded shares of Wintrust Financial from a “hold” rating to a “buy” rating and set a $92.00 price objective for the company in a research note on Saturday, January 6th. BidaskClub lowered shares of Wintrust Financial from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. Finally, SunTrust Banks restated a “hold” rating and set a $94.00 price target on shares of Wintrust Financial in a research note on Tuesday. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Wintrust Financial currently has an average rating of “Hold” and a consensus target price of $86.88.
In other Wintrust Financial news, EVP David A. Dykstra sold 22,476 shares of the firm’s stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $79.86, for a total value of $1,794,933.36. Following 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gary D. Sweeney bought 338 shares of the company’s stock in a transaction on Tuesday, October 24th. The stock was purchased at an average cost of $80.58 per share, for a total transaction of $27,236.04. Following the completion of the transaction, the director now directly owns 2,973 shares of the company’s stock, valued at approximately $239,564.34. The disclosure for this purchase can be found here. Insiders have sold 44,500 shares of company stock worth $3,563,512 over the last ninety days. 1.97% of the stock is currently owned by insiders.
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Wintrust Financial 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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