News headlines about Wintrust Financial Corporation (NASDAQ:WTFC) have trended somewhat positive this week, according to Alpha One Sentiment. The research firm, a subsidiary of Accern, identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Wintrust Financial Corporation earned a news impact score of 0.23 on Alpha One’s scale. Alpha One also assigned media headlines about the bank an impact score of 72 out of 100, meaning that recent media coverage is likely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Alpha One Sentiment’s scoring:
- Wintrust Financial Corporation (WTFC) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- ETFs with exposure to Wintrust Financial Corp. : June 13, 2017 (finance.yahoo.com)
- MutualFirst Financial (MFSF) and Wintrust Financial Corporation (WTFC) Financial Comparison (americanbankingnews.com)
- Wintrust Financial Corp’s (WTFC) Hold Rating Reiterated at Jefferies Group LLC (americanbankingnews.com)
- Zacks Investment Research Lowers Wintrust Financial Corp (WTFC) to Hold (americanbankingnews.com)
Several brokerages have recently issued reports on WTFC. Keefe, Bruyette & Woods set a $72.00 price objective on Wintrust Financial Corporation and gave the company a “buy” rating in a research report on Thursday, April 6th. Zacks Investment Research downgraded Wintrust Financial Corporation from a “buy” rating to a “hold” rating in a research report on Saturday, June 3rd. Hovde Group increased their target price on Wintrust Financial Corporation from $74.00 to $76.50 and gave the stock a “market perform” rating in a research report on Tuesday, April 25th. Finally, Jefferies Group LLC reiterated a “hold” rating and set a $80.00 target price on shares of Wintrust Financial Corporation in a research report on Sunday, June 11th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $73.25.
Wintrust Financial Corporation (NASDAQ:WTFC) traded down 0.36% during trading on Friday, reaching $76.80. The company had a trading volume of 843,455 shares. Wintrust Financial Corporation has a 12 month low of $46.62 and a 12 month high of $79.27. The stock has a 50 day moving average price of $72.14 and a 200 day moving average price of $71.29. The firm has a market capitalization of $4.27 billion, a price-to-earnings ratio of 20.43 and a beta of 0.83.
Wintrust Financial Corporation (NASDAQ:WTFC) last issued its earnings results on Tuesday, April 18th. The bank reported $1.00 EPS for the quarter, beating the consensus estimate of $0.90 by $0.10. Wintrust Financial Corporation had a net margin of 18.61% and a return on equity of 8.86%. The company had revenue of $261.35 million during the quarter, compared to analysts’ expectations of $268.40 million. During the same quarter in the previous year, the company posted $0.90 EPS. On average, equities research analysts predict that Wintrust Financial Corporation will post $4.11 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 25th. Investors of record on Thursday, May 11th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend was Tuesday, May 9th. Wintrust Financial Corporation’s dividend payout ratio is currently 14.89%.
In related news, insider David L. Larson sold 1,519 shares of the company’s stock in a transaction on Wednesday, April 26th. The shares were sold at an average price of $73.20, for a total value of $111,190.80. Following the completion of the sale, the insider now owns 6,574 shares in the company, valued at approximately $481,216.80. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Peter D. Crist sold 23,225 shares of the company’s stock in a transaction on 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 completion of the sale, the director now owns 73,550 shares of the company’s stock, valued at approximately $5,135,261. The disclosure for this sale can be found here. 2.00% of the stock is owned by corporate insiders.
Wintrust Financial Corporation 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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