DA Davidson Forecasts Higher Earnings for Wintrust Financial

Wintrust Financial Corporation (NASDAQ:WTFC - Free Report) - Investment analysts at DA Davidson raised their FY2025 earnings estimates for Wintrust Financial in a research note issued on Wednesday, July 23rd. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings of $11.25 per share for the year, up from their previous estimate of $10.90. DA Davidson has a "Buy" rating and a $155.00 price target on the stock. The consensus estimate for Wintrust Financial's current full-year earnings is $10.36 per share. DA Davidson also issued estimates for Wintrust Financial's FY2026 earnings at $12.00 EPS.

Wintrust Financial (NASDAQ:WTFC - Get Free Report) last released its quarterly earnings results on Monday, July 21st. The bank reported $2.78 EPS for the quarter, topping analysts' consensus estimates of $2.59 by $0.19. Wintrust Financial had a net margin of 18.06% and a return on equity of 12.08%. The business had revenue of $670.78 million during the quarter, compared to analysts' expectations of $661.43 million. During the same quarter in the previous year, the company earned $2.32 EPS.

WTFC has been the subject of a number of other research reports. Wall Street Zen raised shares of Wintrust Financial from a "sell" rating to a "hold" rating in a research note on Saturday, July 12th. Truist Financial boosted their price target on shares of Wintrust Financial from $137.00 to $151.00 and gave the stock a "buy" rating in a research note on Thursday. Hovde Group upped their price objective on shares of Wintrust Financial from $107.00 to $115.00 and gave the company a "market perform" rating in a research note on Wednesday, April 23rd. Piper Sandler reaffirmed an "overweight" rating and issued a $160.00 price objective (up previously from $141.00) on shares of Wintrust Financial in a research note on Wednesday. Finally, Barclays reaffirmed an "overweight" rating and issued a $162.00 price objective (up previously from $145.00) on shares of Wintrust Financial in a research note on Tuesday, July 8th. Three equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Wintrust Financial presently has an average rating of "Moderate Buy" and a consensus price target of $145.77.

Wintrust Financial Price Performance

WTFC stock traded down $0.69 during midday trading on Friday, reaching $132.11. The company had a trading volume of 475,858 shares, compared to its average volume of 469,024. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.01 and a quick ratio of 1.00. Wintrust Financial has a 1 year low of $89.10 and a 1 year high of $142.04. The company has a market capitalization of $8.84 billion, a P/E ratio of 12.50 and a beta of 0.82. The firm has a 50-day moving average price of $124.88 and a 200-day moving average price of $120.42.

Wintrust Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 21st. Shareholders of record on Thursday, August 7th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, August 7th. This represents a $2.00 annualized dividend and a yield of 1.51%. Wintrust Financial's dividend payout ratio (DPR) is presently 18.92%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its stake in shares of Wintrust Financial by 43.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 349,983 shares of the bank's stock worth $39,359,000 after acquiring an additional 105,754 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Wintrust Financial by 7.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,426 shares of the bank's stock worth $273,000 after acquiring an additional 165 shares in the last quarter. Fifth Third Bancorp increased its stake in shares of Wintrust Financial by 87.9% in the 1st quarter. Fifth Third Bancorp now owns 25,049 shares of the bank's stock worth $2,817,000 after acquiring an additional 11,719 shares in the last quarter. Wedge Capital Management L L P NC increased its stake in shares of Wintrust Financial by 17.3% in the 1st quarter. Wedge Capital Management L L P NC now owns 20,231 shares of the bank's stock worth $2,275,000 after acquiring an additional 2,986 shares in the last quarter. Finally, Simplicity Wealth LLC bought a new position in shares of Wintrust Financial in the 1st quarter worth about $567,000. 93.48% of the stock is currently owned by institutional investors.

About Wintrust Financial

Wintrust Financial Corporation operates as a financial holding company. 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), online and mobile banking, and other services.