Analysts expect that Wintrust Financial Corp (NASDAQ:WTFC) will announce $1.13 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for Wintrust Financial’s earnings, with the highest EPS estimate coming in at $1.16 and the lowest estimate coming in at $1.12. Wintrust Financial reported earnings of $0.94 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 20.2%. The firm is expected to announce its next earnings report on Wednesday, January 17th.

According to Zacks, analysts expect that Wintrust Financial will report full-year earnings of $4.38 per share for the current year, with EPS estimates ranging from $4.35 to $4.46. For the next financial year, analysts anticipate that the business will report earnings of $4.90 per share, with EPS estimates ranging from $4.78 to $5.36. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Wintrust Financial.

Wintrust Financial (NASDAQ:WTFC) last posted its earnings results on Wednesday, October 18th. The bank reported $1.12 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.08 by $0.04. Wintrust Financial had a return on equity of 9.32% and a net margin of 19.74%. The company had revenue of $295.70 million during the quarter, compared to the consensus estimate of $298.96 million. During the same quarter last year, the firm earned $0.92 earnings per share. The company’s revenue was up 9.0% on a year-over-year basis.

A number of research analysts recently commented on WTFC shares. Zacks Investment Research raised Wintrust Financial from a “hold” rating to a “buy” rating and set a $79.00 price target for the company in a research note on Wednesday, September 13th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $84.00 price target on shares of Wintrust Financial in a research note on Friday, September 8th. Keefe, Bruyette & Woods reaffirmed a “buy” rating on shares of Wintrust Financial in a research note on Tuesday, September 26th. BidaskClub raised Wintrust Financial from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Finally, ValuEngine raised Wintrust Financial from a “hold” rating to a “buy” rating in a research note on Sunday. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $84.88.

In other news, Director Ingrid S. Stafford sold 1,405 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $80.63, for a total transaction of $113,285.15. Following the sale, the director now directly owns 20,746 shares in the company, valued at $1,672,749.98. The transaction was disclosed in a document filed with the SEC, which is accessible 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 stock was sold at an average price of $80.78, for a total value of $681,863.98. The disclosure for this sale can be found here. In the last quarter, insiders sold 44,500 shares of company stock worth $3,563,512. Company insiders own 1.97% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. bought a new stake in shares of Wintrust Financial during the second quarter worth about $121,000. Meeder Asset Management Inc. bought a new stake in shares of Wintrust Financial during the third quarter worth about $183,000. Magnetar Financial LLC bought a new stake in shares of Wintrust Financial during the third quarter worth about $204,000. Csenge Advisory Group bought a new stake in shares of Wintrust Financial during the third quarter worth about $212,000. Finally, Adviser Investments LLC bought a new stake in shares of Wintrust Financial during the third quarter worth about $214,000. Institutional investors own 91.60% of the company’s stock.

Shares of Wintrust Financial (NASDAQ WTFC) opened at $82.09 on Thursday. Wintrust Financial has a twelve month low of $64.14 and a twelve month high of $86.80. The company has a current ratio of 1.01, a quick ratio of 0.99 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $4,590.00, a price-to-earnings ratio of 19.69, a PEG ratio of 1.25 and a beta of 0.83.

ILLEGAL ACTIVITY WARNING: This article was first published by American Banking News and is owned by of American Banking News. If you are reading this article on another website, it was illegally stolen and reposted in violation of international trademark & copyright laws. The legal version of this article can be accessed at https://www.americanbankingnews.com/2018/01/04/analysts-expect-wintrust-financial-corp-wtfc-to-post-1-13-earnings-per-share.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.

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

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.