News articles about Wintrust Financial (NASDAQ:WTFC) have trended positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Wintrust Financial earned a media sentiment score of 0.31 on Accern’s scale. Accern also gave headlines about the bank an impact score of 45.4352821860978 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Wintrust Financial (WTFC) Upgraded by BidaskClub to “Buy” (americanbankingnews.com)
- Stocks Generating Improved Relative Strength: Wintrust Financial (finance.yahoo.com)
- Wintrust Financial Corporation Announces Fourth Quarter and Full-Year 2017 Earnings Release Schedule (finance.yahoo.com)
- FY2018 EPS Estimates for Wintrust Financial Corp (WTFC) Boosted by Jefferies Group (americanbankingnews.com)
- Q1 2018 Earnings Estimate for Wintrust Financial Corp Issued By SunTrust Banks (WTFC) (americanbankingnews.com)
WTFC has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods reaffirmed a “buy” rating on shares of Wintrust Financial in a research note on Tuesday, September 26th. Zacks Investment Research raised shares of Wintrust Financial from a “hold” rating to a “buy” rating and set a $81.00 price target for the company in a research note on Wednesday, September 20th. Royal Bank of Canada reaffirmed a “buy” rating and set a $84.00 price target on shares of Wintrust Financial in a research note on Friday, October 20th. BidaskClub raised shares of Wintrust Financial from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Finally, ValuEngine raised shares of Wintrust Financial from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $86.88.
Wintrust Financial (NASDAQ:WTFC) last announced its quarterly earnings data on Wednesday, October 18th. The bank reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.04. Wintrust Financial had a net margin of 19.74% and a return on equity of 9.32%. The company had revenue of $295.70 million during the quarter, compared to analyst estimates of $298.96 million. During the same quarter last year, the business posted $0.92 EPS. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. equities analysts forecast that Wintrust Financial will post 4.38 earnings per share for the current fiscal year.
In other Wintrust Financial news, Director Gary D. Sweeney purchased 338 shares of Wintrust Financial stock in a transaction dated Tuesday, October 24th. The stock was acquired at an average price of $80.58 per share, for a total transaction of $27,236.04. Following the acquisition, the director now owns 2,973 shares in the company, valued at approximately $239,564.34. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Leona A. Gleason sold 8,441 shares of the business’s stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $80.78, for a total transaction of $681,863.98. The disclosure for this sale can be found here. Insiders have sold a total of 44,500 shares of company stock valued at $3,563,512 in the last quarter. 1.97% of the stock is currently owned by company insiders.
COPYRIGHT VIOLATION WARNING: “Wintrust Financial (WTFC) Given Daily News Impact Score of 0.31” was originally reported by Markets Daily and is owned by of Markets Daily. If you are reading this report on another domain, it was stolen and republished in violation of U.S. and international copyright & trademark law. The original version of this report can be accessed at https://www.themarketsdaily.com/2018/01/13/wintrust-financial-wtfc-given-daily-news-impact-score-of-0-31.html.
About Wintrust Financial
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.
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.