Research Snappy
  • Market Research Forum
  • Investment Research
  • Consumer Research
  • More
    • Advertising Research
    • Healthcare Research
    • Data Analysis
    • Top Companies
    • Latest News
No Result
View All Result
Research Snappy
No Result
View All Result

Analysts Expect Wintrust Financial Corp (NASDAQ:WTFC) to Post $1.58 Earnings Per Share

researchsnappy by researchsnappy
November 12, 2019
in Investment Research
0
Analysts Expect Wintrust Financial Corp (NASDAQ:WTFC) to Post $1.58 Earnings Per Share
399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter

Wintrust Financial logoEquities research analysts expect Wintrust Financial Corp (NASDAQ:WTFC) to announce earnings per share of $1.58 for the current quarter, Zacks Investment Research reports. Six analysts have issued estimates for Wintrust Financial’s earnings, with the lowest EPS estimate coming in at $1.48 and the highest estimate coming in at $1.64. Wintrust Financial posted earnings of $1.35 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 17%. The business is scheduled to report its next quarterly earnings results on Tuesday, January 28th.

On average, analysts expect that Wintrust Financial will report full-year earnings of $6.15 per share for the current financial year, with EPS estimates ranging from $6.05 to $6.24. For the next year, analysts anticipate that the company will report earnings of $6.20 per share, with EPS estimates ranging from $5.67 to $6.66. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Wintrust Financial.

Wintrust Financial (NASDAQ:WTFC) last issued its quarterly earnings data on Wednesday, October 16th. The bank reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.07. The firm had revenue of $380.00 million during the quarter, compared to analysts’ expectations of $374.98 million. Wintrust Financial had a return on equity of 10.65% and a net margin of 20.24%. Wintrust Financial’s revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.57 earnings per share.

Several equities analysts recently issued reports on the company. UBS Group reduced their price objective on Wintrust Financial from $72.00 to $67.00 and set a “neutral” rating for the company in a report on Monday, October 21st. BidaskClub downgraded Wintrust Financial from a “hold” rating to a “sell” rating in a research report on Friday, August 9th. Wedbush lowered their price objective on Wintrust Financial from $74.00 to $71.00 and set an “outperform” rating for the company in a research report on Thursday, October 17th. ValuEngine raised Wintrust Financial from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Raymond James downgraded Wintrust Financial from a “strong-buy” rating to an “outperform” rating in a research report on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $77.14.

Shares of WTFC stock opened at $65.82 on Friday. The stock has a fifty day moving average price of $64.31 and a 200 day moving average price of $68.91. The stock has a market cap of $3.66 billion, a PE ratio of 11.23 and a beta of 1.08. Wintrust Financial has a 1 year low of $59.34 and a 1 year high of $79.63. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.99 and a current ratio of 1.00.

Hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC grew its position in Wintrust Financial by 208.6% during the second quarter. SG Americas Securities LLC now owns 19,735 shares of the bank’s stock valued at $1,444,000 after acquiring an additional 13,341 shares during the period. Bailard Inc. acquired a new position in shares of Wintrust Financial during the second quarter worth about $446,000. State Board of Administration of Florida Retirement System lifted its stake in shares of Wintrust Financial by 9.1% during the second quarter. State Board of Administration of Florida Retirement System now owns 54,008 shares of the bank’s stock worth $3,951,000 after purchasing an additional 4,506 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. lifted its stake in shares of Wintrust Financial by 1,252.7% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 83,568 shares of the bank’s stock worth $6,114,000 after purchasing an additional 77,390 shares in the last quarter. Finally, Atria Investments LLC acquired a new position in shares of Wintrust Financial during the second quarter worth about $559,000. 88.05% of the stock is owned by hedge funds and other institutional investors.

Wintrust Financial Company Profile

Wintrust Financial Corporation operates as a financial holding company in the Chicago metropolitan area, southern Wisconsin, and northwest Indiana. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), Internet banking, and other services.

Featured Article: What are momentum indicators and what do they show?

Get a free copy of the Zacks research report on Wintrust Financial (WTFC)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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



Receive News & Ratings for Wintrust Financial Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Wintrust Financial and related companies with MarketBeat.com’s FREE daily email newsletter.

Previous Post

Investment Banking Market by 2019 Business Outlook and Future Scope – Barclays, JP Morgan, Goldman Sachs, Bank of America Meril Lynch

Next Post

Quality Of Life And Stigma Among People Living With HIV/AIDS In Iran

Next Post
Quality Of Life And Stigma Among People Living With HIV/AIDS In Iran

Quality Of Life And Stigma Among People Living With HIV/AIDS In Iran

Research Snappy

Category

  • Advertising Research
  • Consumer Research
  • Data Analysis
  • Healthcare Research
  • Investment Research
  • News

3 Best Market Research Certifications in High Demand

PRC needs full funding to do its job | My View

Plant-based Chicken Market 2021 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 2030 – Energy Siren

  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA
  • Contact Us

© 2023 researchsnappy.com

No Result
View All Result
  • Market Research Forum
  • Investment Research
  • Consumer Research
  • More
    • Advertising Research
    • Healthcare Research
    • Data Analysis
    • Top Companies
    • Latest News

© 2023 researchsnappy.com