Media coverage about Wintrust Financial (NASDAQ:WTFC) has trended somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Wintrust Financial earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the bank an impact score of 47.8808900849597 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern’s rankings:
Shares of Wintrust Financial (NASDAQ:WTFC) traded up $0.06 during trading on Monday, reaching $81.89. 316,689 shares of the company’s stock were exchanged, compared to its average volume of 353,703. Wintrust Financial has a 1 year low of $64.14 and a 1 year high of $89.34. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.01 and a quick ratio of 0.99. The firm has a market capitalization of $4,579.63, a price-to-earnings ratio of 18.61, a P/E/G ratio of 1.10 and a beta of 0.85.
Wintrust Financial (NASDAQ:WTFC) last issued its earnings results on Monday, January 22nd. The bank reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.04. Wintrust Financial had a net margin of 20.35% and a return on equity of 9.49%. The firm had revenue of $300.14 million for the quarter, compared to analyst estimates of $299.47 million. During the same quarter last year, the business posted $0.94 earnings per share. The company’s quarterly revenue was up 8.7% on a year-over-year basis. research analysts expect that Wintrust Financial will post 5.52 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, February 22nd. Shareholders of record on Thursday, February 8th will be given a $0.19 dividend. The ex-dividend date is Wednesday, February 7th. This represents a $0.76 dividend on an annualized basis and a yield of 0.93%. This is a positive change from Wintrust Financial’s previous quarterly dividend of $0.14. Wintrust Financial’s dividend payout ratio (DPR) is currently 17.27%.
Several analysts recently issued reports on the stock. BidaskClub upgraded shares of Wintrust Financial from a “hold” rating to a “buy” rating in a research report on Friday, December 22nd. Piper Jaffray Companies reiterated a “hold” rating and set a $86.00 price target on shares of Wintrust Financial in a research report on Tuesday, January 9th. Zacks Investment Research lowered shares of Wintrust Financial from a “buy” rating to a “hold” rating in a research report on Saturday, November 18th. SunTrust Banks set a $79.00 price target on shares of Wintrust Financial and gave the stock a “hold” rating in a research report on Thursday, October 19th. Finally, Hovde Group reiterated a “market perform” rating and set a $90.00 price target (up previously from $85.00) on shares of Wintrust Financial in a research report on Thursday. Seven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $88.67.
In other news, EVP David A. Dykstra sold 11,235 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $87.56, for a total transaction of $983,736.60. Following the completion of the transaction, the executive vice president now owns 39,365 shares of the company’s stock, valued at $3,446,799.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Edward J. Wehmer sold 14,173 shares of the firm’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $87.66, for a total transaction of $1,242,405.18. Following the transaction, the insider now directly owns 134,864 shares of the company’s stock, valued at approximately $11,822,178.24. The disclosure for this sale can be found here. Insiders sold 30,676 shares of company stock worth $2,687,566 in the last 90 days. Company insiders own 1.97% of the company’s stock.
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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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