Wintrust Financial (NASDAQ:WTFC) Given a $145.00 Price Target at Jefferies Financial Group

Wintrust Financial (NASDAQ:WTFC - Get Free Report) received a $145.00 price objective from investment analysts at Jefferies Financial Group in a research note issued on Wednesday, MarketBeat.com reports. The firm currently has a "buy" rating on the bank's stock. Jefferies Financial Group's target price points to a potential upside of 22.15% from the company's previous close.

A number of other equities analysts have also commented on WTFC. Piper Sandler reiterated an "above average" rating on shares of Wintrust Financial in a research note on Wednesday, April 23rd. Barclays lifted their price objective on Wintrust Financial from $138.00 to $145.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 23rd. Royal Bank of Canada dropped their price objective on Wintrust Financial from $152.00 to $135.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Wall Street Zen upgraded Wintrust Financial from a "sell" rating to a "hold" rating in a research note on Tuesday, April 29th. Finally, Stephens dropped their price objective on Wintrust Financial from $145.00 to $132.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 23rd. Three investment 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 stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $135.77.

Wintrust Financial Trading Up 0.5%

Wintrust Financial stock opened at $118.71 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.00 and a current ratio of 1.01. The business's 50-day simple moving average is $110.69 and its 200-day simple moving average is $122.12. The firm has a market capitalization of $7.95 billion, a PE ratio of 11.51 and a beta of 0.81. Wintrust Financial has a 52 week low of $89.10 and a 52 week high of $142.04.

Wintrust Financial (NASDAQ:WTFC - Get Free Report) last posted its quarterly earnings data on Monday, April 21st. The bank reported $2.69 EPS for the quarter, topping analysts' consensus estimates of $2.52 by $0.17. The business had revenue of $643.11 million for the quarter, compared to analyst estimates of $643.11 million. Wintrust Financial had a return on equity of 12.60% and a net margin of 17.52%. During the same period in the previous year, the company posted $2.89 earnings per share. Equities research analysts forecast that Wintrust Financial will post 10.36 earnings per share for the current year.

Institutional Investors Weigh In On Wintrust Financial

Several large investors have recently modified their holdings of WTFC. Park Place Capital Corp grew its stake in shares of Wintrust Financial by 1,264.7% in the 1st quarter. Park Place Capital Corp now owns 232 shares of the bank's stock valued at $26,000 after purchasing an additional 215 shares during the period. Advisors Asset Management Inc. bought a new stake in shares of Wintrust Financial in the 1st quarter valued at approximately $27,000. AlphaQuest LLC bought a new stake in shares of Wintrust Financial in the 1st quarter valued at approximately $33,000. Wayfinding Financial LLC bought a new stake in shares of Wintrust Financial in the 1st quarter valued at approximately $36,000. Finally, Opal Wealth Advisors LLC bought a new stake in shares of Wintrust Financial in the 1st quarter valued at approximately $38,000. 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.